News & Events Intaglio Engravers Summit 2015  
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The 2nd IES was intended to allow us review progress and evolution since the 1st IES that took place almost 4 ½ years ago. It was also a forum for us to address the newer challenges, threats and opportunities that confront the intaglio engraver profession and intaglio, in general. It was a real pleasure to see so many of you here from so many countries, united to discuss the same subject that touches you all – intaglio engraving. Over the 3 days of the 2nd IES all delegates made their own individual contribution to defining what the future of your profession and your work will look like. Your presence was not just essential to the success of this summit but a true validation of the need for those involved in banknote design to share their opinions, perspectives, concerns and ideas for the future with our industry. The fact that this 2nd IES actually took place clearly demonstrates that our industry collectively recognises the role that intaglio engravers have played over the centuries in making banknotes come to life. It is also a validation of the need for more information and knowledge exchange within our community. The summit also demonstrated that despite our differences and the barriers that separate us in our day to day lives, we all share the same concerns over what engraving will look like, how it will be performed and how the skills, knowledge and techniques will be protected and passed on to future generations. The central theme of the 2nd Intaglio Engravers Summit was: “What Makes Intaglio Good?”…. or to put it differently…..What are the essential ingredients for making “Good Intaglio”. This complex question has confounded our industry for decades and the elusive answers to this question, if the answers even exist, merit a clear explanation…wherever possible! We developed a programme that takes us through the key inputs to creating “Good Intaglio”: We started by asking the million dollar question: Is it even possible to define “Good Intaglio” and trying to identify some of the key factors that make intaglio, “Good Intaglio”. This set the stage for the rest of the Summit Sessions where we addressed the following key themes: o Different Perspectives on What makes Good Intaglio o The Fundamentals of Engraving o Origination & Proofing o Artistry, Skills & Training o Intaglio Design, Integration & Materials o Challenges, Facts & The Future of Intaglio We intentionally called this event a summit and not a conference since our objective was not to spend 3 days listening to non-stop, one-way presentations. Like every summit, the objective was to bring together experts on a specific subject, facilitate a bilateral dialogue and debate and ultimately reach a better level of understanding each other and a consensus for the future. This was the ultimate objective…We did not come to Urbino simply to talk but to find solutions, make firm commitments and develop a mechanism to ensure these commitments are respected and honoured. I am happy to say that we have achieved these objectives and the 2nd IES Action List is proof of what we have achieved and the work that remains to be done following the 2nd IES. Today intaglio is facing a new set of challenges… How it is perceived How it is used How it is created and How it is compromised All of these challenges seem to be linked to one common denominator; Evolution in technology and the consequent availability of new alternatives. The clock is ticking and one may say that it is ticking against us since we must find a way to ensure the coexistence of intaglio with other valid technologies on the same banknote landscape. I firmly believe that intaglio represents a solid value proposition for every central bank contemplating a new or upgrade series. The issue however is not here since almost 99% of banknotes issued in the past 15 years contain intaglio on at least one side. The real issue is more about how intaglio is percieved by the different stakeholders in a banknote design project and how these perceptions will inevitably dictate the form, content and quality of the intaglio design on the banknote. None of us want to see a commoditisation of intaglio. The fact that it is present on so many banknotes is a good thing but we need to look further and deeper and understand why it is present, how it was used and what value it creates for the issuer and user. This process will involve consultation and contributions from all of us over the coming years. I would like to thank the panel of 28 experts who made such interesting and stimulating presentations during the 2nd IES.  Their role was to stimulate and provoke debate. They opened the subject and gave some context and opinion to it but it was up to you to express your opinions and tell your story. Without your point of view this summit would have meant nothing. I would therefore like to thank the entire 2nd IES delegation for your contributions, questions and input during the presentation sessions. As always, your opinion counts, your experiences are precious and every contribution you make is valuable. It was a privilege to share the 2nd IES experience with you and I hope you left Urbino with some new perspectives, opinions and a hunger to learn more and better understand what the future holds in store for intaglio engraving. Mark Stevenson  President IBDA