My friend Tom Tillo raised an important point. Would 'the 'Tiffy Template' be affected by the changes made to our currency? That raised an important issue as we had just begun to send out Templates in bulk. Some quick analysis of the new currency notes revealed that the template can still be used without any changes. We sent out a list of changes to all who had requested templates and instructions on how to adapt to the new currency. In a nutshell, the new 2000 ( with tactile markings) measures up to the old 500., and the new 500 is the same as the existing 20. Tactile markings on the new 500 distinguish it from the 20! Now we need to wait for a new 1000 to be introduced!
We sent out this note (reproduced below), 2 days ago to everyone who had received templates from us:
Dear Friends,
just a short note and a word of caution regarding the new currency notes being issued by our government:
1) The new Rs2000/- note is almost identical in size to the old Rs500/- notes and has tactile markings along its shorter edges. The old Rs500/- notes minted in the last 2 years were issued with tactile markings. There might be some unscrupulous people who might try and pass off these Rs 500/- notes as Rs2000/- to our visually impaired friends. Reasons might be given like "Don't carry so many notes ..Here I will give you one Rs2000/- rupee note that you can keep safe. " . "Feel the markings, ..its genuine" ..etc. Please avoid accepting even the new Rs2000/- notes for a few months tilll all the old notes are pulled out of circulation.
2)The new Rs500/- note is the same size as our existing Rs20/- note but has tactile markings along on the shorter edges. The only word of caution is that you need to be sure that you are not being given a Rs20/- instead of a Rs500/- note. If you need to accept Rs500 notes, please try and ensure that you are familiar with the tactile markings before accepting these notes. You also need to be careful about giving a new Rs500/- instead of a Rs20/- to some unscrupulous person.
We would advise NOT to use or accept the newly minted Rs500/- and Rs2000/- notes until a safe period of a few months has passed to ensure that the old currency can be completely withdrawn. The use of the 'Tiffy template' remains un-changed for denominations up to Rs100/- and the altered usage is as explained in our earlier note reproduced below.
Dear Friends,
the government of India has of 8 Nov 2016 withdrawn the current notes of Rs500/- and Rs1000/- denominations. New currency notes of Rs500/- and Rs2000/- are expected to be released shortly.
We imagine that there might be concerns about the 'Tiffy Template' and how these changes will affect its usage. A small explanation will hopefully help clarify these issues.
1)The Template can be used as normal for denominations 5, 10, 20, 50 and 100 as before, and also for the new as explained below.
2) the new Rs2000/- note will be almost identical to the old Rs 500/- note -just very slightly narrower. The length is important. It must cover the template to the top step. It also has tactile features that can be felt the two edges near the step. The new Rs2000/- has tactile features that can be felt near the shorter edges.
3)The new Rs500/- note is where confusion is likely to occur, as it is expected to be identical in size to the current Rs20/- .The new Rs500 has tactile feature at the two shorter edges. So what measures up to 20 but has ridges or lines that can be felt is a new Rs500/- note. If there are no tactile features, it is a Rs20/- note.
So the steps on the template are
step 1 10 (narrow),
step 2 20(narrow) ,50(broad) and 500(narrow with tactile markings) ,
step 3 100 (broad) ,
step 4 2000 ( with tactile markings) .
We would advise you to use extra care initially when trying to identify the new Rs500/- and Rs2000/- rupee denominations and take the advice of a trusted friend. It would be preferable not to transact with denominations above Rs100/-, until familiar with the new currency when it becomes available. Please do not hesitate to write to us for further clarifications or explanations.
Regards,
John Zachariah, Raghunandan T R, & Paul D'Souza
(Founder Trustees)