Does anyone here know when they first started to use magnetic ink in US Currency?
MAgnetic Ink
- Thread starter sonnyd
- Start date
UncleVinnys
Bronze Member
It's a quick and easy way to check for counterfeits.
Frankn
Gold Member
Magnetic ink was developed for use in automatic check reading machines designed by NCR. As I remember , it was around 1959.
US paper money, which is made from cotton fiber,not paper, contains metallic fibers also along with the red and blue died small marker fibers.
Want to see something wild, pick up a new $2 bill from the bank. Frank
US paper money, which is made from cotton fiber,not paper, contains metallic fibers also along with the red and blue died small marker fibers.
Want to see something wild, pick up a new $2 bill from the bank. Frank
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