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Counterfeit Money

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     Counterfeit is just another word for fake. Do people use fake money to buy things illegally? They sure do.  If you ever went to a store and had the cashier mark a pen across paper money, then you have seen someone check for counterfeit money.  If the pen makes a clear or light gold mark on the money, then it’s not fake.  If it makes a black or dark colored mark on the bill, it’s counterfeit. (See picture to the right.) The really bad thing about this is that you can lose money this way.  For example:  You go to the clothes store and buy a sweater on sale.  You hand the cashier a $50.00 bill and receive two $20.00 bills as change. [That was a NICE sale!]  Then you go to your bank to deposit the $40.00.  The bank finds out that one of the $20.00 is counterfeit.  You lose the $20.00 even though you had nothing to do with making it and didn’t even know it was counterfeit. 

Counterfeit money

     Nowadays, the federal government has to do even more to make it difficult for counterfeiters.  With copying machines making more and more realistic copies, paper money had to be changed.  Luckily, there is a very small percentage of counterfeit paper money actually in circulation.   These are some things you can look for when you have paper money:

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Check how the paper feels.    U.S. money is made of a linen-cotton mixture.  Even though it feels like paper, it is actually CLOTH!  The difference between this and the paper that counterfeiters use is the first thing that puts bank tellers on alert.

Bullet

The paper has colored threads that are actually in the paper.  Counterfeiters try to copy these threads by printing them on the paper.  If you look carefully at counterfeit money, you can see that they aren’t part of the paper.

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The print on the paper is slightly raised.  This means that you should be able to run your finger across the paper and feel differences.   The inked places will feel a little bit higher than the blank areas. You might feel a ridge on the outside border areas.

Bullet

There are patterns printed on the paper that we can't actually see.  They are small and change the colors of patterns that are printed on top of them.  Take another bill and compare it with the one you think might be counterfeit. Check the colors to see if any of them are different.

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Counterfeiters have a hard time clearly printing tiny lines. If you look at the black, leafy border around a one dollar bill, you will see webs of lines. On a real dollar bill, these lines will be sharp and on a counterfeit dollar, they will be a little blurry.

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The new $20.00 bills have a plastic security strip on the left side of the front of the bill. This is the side with President Andrew Jackson's picture. You should be able to see the strip that says "USA Twenty" from both sides.

Bullet

There is color changing ink on the $20.00 bill. If you tilt the bill backwards and then forwards, the ink color will change on the number 20 at the bottom right corner.

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There is a watermark that matches the face of the president who is on the bill. You can see this by holding the bill up to a light.

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There are two places on the front of paper money that have long lines of numbers and letters called serial numbers.  Both serial numbers on any bill should match.

     Counterfeiting is illegal.  People who are caught counterfeiting will pay huge fines and go to jail.  If you have a counterfeit bill, you need to report it to a Secret Service office.  If you know you have a counterfeit bill, and try to use it to buy something, then you could go to jail and have to pay fines just as though you were the one who made it.  Check your money!


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What IS money??
This page explains what money actually is, about bartering, and much more.

 

Click here for a printable page

 

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Fun Fact

There is no such thing as a perfect counterfeit bill.  There will always be a mistake somewhere.
 

Citation divider

Giesecke, Ernestine.  From Seashells to Smart Cards: money and currency.  Chicago:  Heinemann, 2003.

“How counterfeiting works.”  11 Nov. 2008.  <http://money.howstuffworks.com/counterfeit.htm/printable> .

“How to detect counterfeit US money.”  11 Nov. 2008.  <http://www.wikihow.com/Detect-Counterfeit-US-Money>.

Graphics on page:

Logo, buttons, links, printable page, jumping pig, bullets and citation graphics were made by team members.  Pig on links button is Microsoft Office clipart, available free for school projects.
Animated pig was found in Web Animation Explosion, a graphics program we own.

Email permission to use counterfeit money picture from Brian Blackden on 2/9/09 to Club Web.

 

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