Counterfeit Money - How Businesses can Detect It

Counterfeit Money - How Businesses Can Detect It?

Making fake money is not anything that is new at all. This has been happening in the United States before the War Between the States. Since the Secret Service came into being, the amount of activity has gone down. But it has not gone away completely. Now, the criminals are adopting newer technologies. And that has made it easier for them to counterfeit almost completely accurately the paper money and even coins. The government has had to combat this problem constantly and is still making changes to the safety of the money. Some of this has come from the large amount of spending of money to stop counterfeiting completely. However, the government should not be in this fight alone.
The battle against the fake currency is one that is going to come from everyone in the country. You have to know how to recognize when a currency is fake and how you should be reporting it. You will discover that you have many different ways that people are trying to pass off currency as being fake. Just knowing some of these patterns can help you know what is going on. A common giveaway is the fact the notes are a little bit raised.

This is a very easy form that typically goes without being noticed because people usually do not pay attention to the money they are getting. The raised note is the one that is going to often see the criminal glues or changes the denomination of the money from an existing bill to one of a higher value. When you find any such raised note, you should contact the local police and even the Secret Service.

The Feel Of The Paper

The authentic paper has fibers of red and blue that are embedded inside of it. On the other hand, the counterfeit is not going to have any of the fibers. Even when the thieves try to imitate them by putting thin red and blue lines on the paper, they can be detected quite easily. The real fibers can be pricked by a pin and not go away, but the fakes can simply be erased. Not only that the counterfeit money will feel different from the real money is made from textiles and not paper. The color of the paper for counterfeit tends to be whiter in appearance.

The real paper currency will smear at times, but this is not a great indicator of the true telltale signs of the fake or real.

Serial Numbers And Seals

This is going to have a saw-tooth look that you are going to see for the Treasury and Federal Reserve Seals, but the counterfeit will have a dull or broken look. The serial numbers are often unevenly spaced as well on counterfeit. Not only that a commonly overlooked aspect is the fact the color and share of the ink are the same as the seal. At times, the counterfeit money will start to have a ragged appearance on the numbers which is an indication of being fake.

Borders Of The Bills

When you look at the borders of the bills you will notice the lines tend to be clear and crisp. The scrollwork on the counterfeit is often going to be off on the margins and even be blurry.

Portrait

You will want to make sure that you look at the President on the bill and see if the appearance of the President stands out or not. The lines that you have here are going to make up the entire portrait and will be one complete line, not broken up. The face often has a very white almost unnatural look to it. The images that tend to fade in the background or look like they have no life could be counterfeit.

You will want to hold up the bill to a lamp to see if the hologram on the bill is the exact match to the portrait.

Raised Notes

You will want to look at the currency to see if there is any type of inconsistency in the number of the bill on the corner and how much it is worth writing on the bottom. Also, you need to make sure the amount that is written on the seal is not less than what corners of the bill are showing. You need to check both sides of the bill for inconsistencies. Also, check to see if the proper president is shown on the bill.

If you don’t trust yourself to check then buy a simple counterfeit pen and you can easily swipe a bill to check for counterfeits

Coins

Any coin that is over the value of a nickel will have the corrugated edges that are called reeding. The counterfeit coins, typically will not have this type of reeding and it may even have crooked lines and edges. You will want to look for any type of cracks, pimples, or even die marks that would be seen with the coins that are poured the liquid into the mold that you is being used versus being stamped out by the machines used to make the coins.

You will want to compare any coin you think of as counterfeit with the real coins.