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 Thursday, May 10, 2007
Industry group honors excellence in currency
Posted by David

Thomas Ferguson in 2003.The International Association of Currency Affairs announced its first-ever Excellence in Currency awards last night.

Never heard of these awards before? Well, these were the first ever, given out at IACA's currency conference in Bangkok, Thailand.

Congratulations to Tom Ferguson (shown at right in a 2003 photo), former director of the U.S. Bureau of Engraving and Printing, recipient of the Lifetime Achievement Award.

Ferguson was at BEP for 32 years, seven as its director, retiring in January 2006. His tenure culminated in the process of bank note redesign and technological advancement that began in the 1990s and continues today under Director Larry Felix.

BEP also was honored, for its public education program associated with release of the new $10 Federal Reserve Note. Crane, De La Rue, the nation of Kazakhstan and others also received awards from IACA chairman Rick Haycock. Check out link for more award winners.




5/10/2007 11:53:24 AM (Central Daylight Time, UTC-05:00)  #  Comments [2]
5/12/2007 7:30:26 PM (Central Daylight Time, UTC-05:00)
I have met Tom Ferguson only once and learned he was a hardworking BEP Director. I hope he and his wife are enjoying a well deserved retirement.
The IACA is a new organization to me. My first contact with them will probably be to ask their committee concerning counterfeiting about the large counterfeiting operation in South China. I am in Viet Nam now and am looking at one of their excellent polymer counterfeits. It is a dangerous operation and needs to be stopped by the Chinese government.
Howard A. Daniel III |HADaniel3AT NOSPAMmsn dot com
5/14/2007 10:11:28 AM (Central Daylight Time, UTC-05:00)
The home page for the IACA is http://www.currencyaffairs.org/public/index.html

Good polymer counterfeits? I shouldn't be surprised. My impression was that polymer notes were supposed to be better than paper notes as far as such problems go, similar to the perception of Macs over PCs regarding computer viruses. Apparently, as use of polymer has grown, the counterfeiters, even possibly state-sponsored ones, have shifted gears.

Thanks for visiting and commenting. Safe travels, Howard.
David
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