A metallic coating is applied to a smooth surface of a printing element to provide a coated surface, {HEAD ~ the coated surface} is embossed to provide {TAIL ~ the holographic image}, and the holographic image is transferred to a substrate via a bonding material, thereby producing the holographic material 
is embossed to provide
A metallic coating is applied to a smooth surface of a printing element to provide a coated surface , { HEAD ~ the coated surface } is embossed to provide { TAIL ~ the holographic image } , and the holographic image is transferred to a substrate via a bonding material , thereby producing the holographic material
OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH HEAD HEAD HEAD HEAD HEAD HEAD HEAD REL REL REL REL TAIL TAIL TAIL TAIL TAIL TAIL TAIL OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH OTH