A security article (10) includes a light transmissive substrate (12) having a first surface and an opposing second surface, with the first surface having an optical interference pattern (14) such as a holographic image pattern or an optical diffraction pattern thereon. A color shifting optical coating (16) is formed on the substrate such as on the interference pattern or on the opposing second surface of the substrate, with the optical coating providing an observable color shift as the angle of incident light or viewing angle changes. Various processes can be utilized to form the security article (10), such as vacuum coating processes, lamination, laser scribing, and laser imaging. The security article (10) can be affixed to a variety of objects through various attachment mechanisms, such as pressure sensitive adhesives or hot stamping processes, to provide for enhanced security measures such as anticounterfeiting.