Those Who Made Counterfeit Money, and Those Who Pursued Them
We trace the history of the forgery and investigation from the records of Chaloner, Newton, and others.
Time to read the text: about 8 min The review questions are optional and not included in this time. What you can read: the course opening and contents are free; the full text is for those who have purchased After purchase, you can read the full text once your access starts.
You can explain what today's anti-forgery measures are actually protecting.
Can discuss the lineage of the protectors (masters of machinery, whistleblowers, modern designers) by citing key figures.
Can discuss Operation Bernhard, including its dual nature of perpetration and victimization.
You can start this course without reading any other course.
Also worth reading, to see the connections (optional)
How Were Coins Made? What you learn: You can tell striking from casting by the look of a finished coin. The text refers to this course in section 1.
If you want to know more about checking sources (optional)
Is It Really True? Checking History We re-examine the origins of money and famous anecdotes, comparing them with historical records and actual artifacts.
Assessment
10 exercises in this course (7 check, 0 compare, 3 written). Progress is recorded by self-assessment.
The 8 chapters of this course
How anti-counterfeiting technique advancedThe aim of anti-forgery has always been to spare the checking. Today's devices are invisible to the eye.
The New Government Minted Them, Too — The Two Definitions of a Counterfeit Coin"Counterfeit" has two definitions, quality and authority. Law defines by authority; the receiver cares about quality.
Counterfeiting becomes a tool of politicsForgery makes even the genuine suspect. It is at once the making of a fake and the killing of the real.
Newton as the pursuerOnly the caught forgers leave records. So the surviving record cannot tell us the rate of success.
Until the Machine Took Root — Varin and the ArtisansMilled coinage, which entered Paris in 1553, became widespread in 1640, 87 years later. The enemies of security technology were not just counterfeiters.
The Governor Who Made the Accusation — Masayoshi Matsukata and the Counterfeit Notes of ChikuzenIt was a single prefectural governor who exposed the domain's counterfeiting. Twelve days later, the domains were abolished and prefectures established. There is an order to the executioners.
Those Ordered to Counterfeit — The Ambiguity of Operation BernhardJewish prisoners in concentration camps were forced to make counterfeit notes in one of the largest counterfeiting operations. The perpetrators' tools and the victims were one and the same.
Modern Designers — The Front Line of an Anonymous StruggleHelical ridges, micro-lettering, and a three-layer structure. Modern pursuers win the battle through design, before an incident occurs.
Readings (10)
Edo, the Kinza Japan The upheaval at the end of the shogunate and the counterfeit coin 1868–1869 Section 2. A scene where the account books are opened, revealing that the new government also minted low-quality currency.
The Kenmu Restoration Japan 1334–1335 Nijo-gawara, Kyoto §3. A lampoon in which forged imperial edicts come second on the list.
The birth of the yen Japan 1872 Frankfurt The scene of ordering precise printing technology from abroad as a countermeasure to forged notes.
The louis d'or and machine striking France 1640–1672 The Paris mint Section 5. The eighty-seven-year internal front from 1553 to 1640: another enemy of the art of defense.
Tokyo, Takanawa Japan The upheaval at the end of the shogunate and the counterfeit coin 1869–1871 Section 6. A record of accusation, read with the restraint of "I will not call it karma."
A history of false money Overview: the world AD 1942 Counterfeit Pounds Printed in the Camp Section 7. The strategy where the instrument of harm and the victim were one and the same.
The Tester Greece 375/4 BC The money-changer's table in the Agora This is one of the oldest examples of the pursuers' system being codified into law. The articles stipulate everything from seating arrangements to fifty lashes for neglecting one's duties—please note the level of detail.
The republic and the escudo (2) Portugal 1925 A printing works in London This was a case where what was forged was not the banknote itself, but the authority to order its printing. Please consider at what point a banknote, produced with genuine plates and paper through the official process, becomes a counterfeit.
Infalsificables Mexico 1916 Carranza Government A paper currency named "Unforgeable" fell to one-hundredth of its value in six months. This serves as a confirmation that the technology to prevent counterfeiting and the power to protect value are two different things.
References
Isaac Newton, Warden and Master of the Royal Mint 1696-1727 — The Royal Mint Museum A primary account of the Great Recoinage of 1696. Newton became Warden of the Mint in 1696, and Master of the Mint from 1699 until his death (1727). He emphasized the accuracy of weight and fineness, and completed the recoinage in 3 years.
The books and materials referred to in this course.
Price
After purchase, the full courses, the illustrated books, every country’s story and the numismatics examination are open to you.