A few years back, a young man approached the cashier at a local
McDonald's and paid for his hamburger with a $20 bill. Next in line
was his friend, who did the same thing. After that came a third.
Nothing unusual about this...except that
these young men had produced the bills at home on a desktop
computer.
Welcome to the new face of counterfeiting. Where it once was an
expensive and laborious process to reproduce a high-quality US
greenback — today's color photocopiers, scanners, and ink-jet
printers have opened up counterfeiting to a new breed of criminal.
Younger, more comfortable with technology, and sometimes with no
prior criminal record, the ease of counterfeiting has tempted some
people into committing a serious felony...who otherwise might never
have dreamed of taking such a risk.
But identifying and detecting the authenticity of a note can be
quite simple if you know what to look for. Use these tips to
determine if a note is phony or real. Put the suspect note and the
genuine note (of the same denomination) side by side and use a
magnifying glass to compare the portrait, the paper, and the print
quality.
The portrait on the genuine note will be lifelike, sharp, and
will stand out from the background of the note. On the counterfeit
note, the portrait will appear blurry, lifeless, flat, and will
blend into the background of the note. The paper of a genuine note
has a distinct look and feel. Genuine currency paper is one-fourth
linen, three-fourths cotton, and contains tiny red and blue fibers
embedded throughout the paper. Counterfeit paper has the red and
blue lines printed on the surface not embedded in the
paper. When looking at the print, compare the Federal Reserve and
Treasury seals, border, and serial numbers. On the genuine note the
Federal Reserve and Treasury seal saw-tooth points will be distinct
and sharp, borders will be clear and unbroken, and serial numbers
will be evenly spaced and printed in the same color as the Treasury
seal. On the counterfeit bill the print will be blurry, uneven, and
the numbers will not be uniformly spaced.
And to combat the growing risk of counterfeiting, the US
Government is taking great strides to redesign currency with
enhanced designs and security features. The redesigning process
started in 2003 when the new $20 note was introduced, followed by
the $50 note in 2004. The new $10 note has already entered
circulation this year.
Check out these new features:
-
Color-Shifting Ink - the numeral located in the lower right
corner of the note changes color when tilted from copper to
green.
-
Watermark - hold the note up to the light and look for the
watermark or faint image located to the right of the portrait. The
faint image will be similar to the portrait on the face of the
note and can be seen from both sides of the note.
-
Security Thread - a small strip has been embedded in the note
with the words USA, the denomination of the note spelled out, and
a small flag. These features are visible when held up to the light
or held under an ultraviolet light. The thread will glow in color
when held under an ultraviolet light and the color will differ
depending on the denomination.
A few additional design features worth noting include the added
background colors. Of all the design features, the added colors will
be the most noticeable. The borders and the fine lines surrounding
the portrait on the face of the note and the building on the back of
the note have been removed. Symbols of freedom have been added to
the face of each note and differ for each denomination.
By adding the security and design features to the notes,
counterfeiting of US currency has already significantly dropped. In
an effort to continually keep the levels of counterfeiting low, the
government expects to redesign our currency every seven to ten
years. The next note to be redesigned with the new security features
will be the $100 bill. At present, there is no plan to redesign the
$5 note, and the $1 and $2 notes will not be redesigned at all.
If you ever have a note that you suspect is counterfeit, turn
it over to your local police department. If the police department
determines that the note is genuine it will be returned to you.
Although you will not be reimbursed if the note is counterfeit,
knowingly passing a counterfeit note is against the law. For more
information about the enhanced designs, security features, or to
view an interactive presentation about each note, hit this
informative link: Money
Factory. |