Bank of Canada, $10 and $20 models by Giori

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In 1963, the Bank of Canada was considering the issue of a new series of bank notes to counteract the expanded counterfeiting of notes from the 1954 series. Several security printing firms were invited to submit designs. Giori, based in Lausanne, Switzerland, submitted both a $10 and a $20 model depicting Queen Elizabeth on the face and a landscape scene on the back. Although both models were rejected by the Bank of Canada, their design marked a significant departure from the more traditional look of the 1954 series. New graphic elements and security features were proposed to reduce counterfeiting.

Organisation Giori was established in 1952 by Gaultiero Giori, a man whose lineage included generations of Italian security printers stretching back to nineteenth century Milan. His twentieth century success was sprung from his successful development of a multi-colour printing press that raised the bar on bank note security. Increased use of colour on bank notes made them harder to reproduce, forcing counterfeiters to produce multiple plates in order to match the colour composition on genuine notes. Koenig & Bauer (founded 1817) of Wurzburg, Germany partnered with Giori to manufacture this revolutionary printing machine, able to print up to six different colours in one pass. The machine not only increased bank note security, but also cut down on the time required to print notes in multiple colours. Beyond supplying the heavy equipment to print currency, Organisation Giori offered other services, including the training of printing personnel, the shipping of notes, as well as such pre-printing services as bank note design and printing plate manufacture. In 1968, Giori entered a joint venture with DeLaRue to form DeLaRue Giori, which sold bank note printing equipment. In 2001, DeLaRue sold its interest in DeLaRue Giori to Koenig & Bauer SA.