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How to identify counterfeit dollars? Here is the secret of the money that can even fool counting machines.

How to identify counterfeit dollars? Here is the secret of the money that can even fool counting machines.

28.11.2024 15:11

The claim that counterfeit $50 and $100 banknotes printed abroad have been released into the market has deeply affected the markets, while the Istanbul Chief Public Prosecutor's Office has launched an investigation into the matter. The Central Bank and the Banks Association of Turkey announced that necessary steps have been taken and will be taken, while everyone began searching for the answer to the question, "How can you tell if a dollar is fake?" Here is the answer to the question that has sparked curiosity.

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As fake dollar alarms are being raised, concerns about counterfeit currency have increased among banks, customers, and currency exchange offices in recent days. It is reported that counterfeit bills, estimated to be worth 600 million dollars, can even escape from ATMs and money counting machines. These dollars, which are said to be very difficult to distinguish from the real ones, are believed to have passed through money counting machines that have not been updated.



Currency exchange offices in the Grand Bazaar and across the country have raised alarms about counterfeit money. Some exchange offices in the Grand Bazaar have posted warning brochures in workplaces regarding banknotes that their money counting machines could not distinguish from real ones. The poster, which uses images of 100 and 50 dollar bills, states, "Due to the fakes in the market, the money in the visual will not be accepted."



FAKE CURRENCY CRISIS: UPDATE ON ATMs



With the fake dollar crisis, research has accelerated to find answers to questions such as "How to identify fake dollars, how to distinguish fake 50 dollars, when did fake dollars emerge?" Statements regarding the fake dollar panic have come in succession from the Central Bank of the Republic of Turkey and the Banks Association of Turkey. The TBB announced regarding counterfeit currency banknotes, stating, "In order to combat counterfeit currency and prevent its circulation, controls and updates of money counting, counterfeit currency control, and ATM machines in use are being carried out." The TCMB stated, "Our bank is conducting the necessary work in coordination with the relevant judicial authorities as part of an effective fight against banknote counterfeiting."



WHAT ARE THE METHODS TO DISTINGUISH FAKE CURRENCY?



In the text titled "Security Features of US Dollars" by the General Directorate of Security, the following information is provided regarding the features of original dollar banknotes;



50 dollars: The 50 dollar banknotes issued in 1997 show a green color when viewed straight on the number 50 on the front, and a black color when viewed at an angle. In the 2004 print, the number 50 on the banknote turns from copper to green when the banknote is tilted up and down.



How to identify fake dollars? Here is the answer to the question that is being wondered


PAY ATTENTION TO MICRO WRITING ON DOLLARS



100 dollars: The 100 dollar banknotes issued in 1996 and 1999 show a green color when viewed straight on the number 100 on the front, and a black color when viewed at an angle. In the 2011 print, the number 100 on the banknote turns from copper to green when the banknote is tilted up and down.



50 dollars: On the front of the 50 dollar banknotes issued in 1996, the last line of the three rows of frame lines surrounding the portrait contains the micro writing "THE UNITED STATES OF AMERICA."



In the 1997 print, the phrase "UNITED STATES OF AMERICA" is written micro on the left collar of the person in the portrait on the front of the banknote, and the phrase "FIFTY" is repeated micro on the left and right edges of the banknote.



In the 2004 print, the phrases "USA 50," "USA FIFTY" are written micro on the two stars on the right and left of the seal of the Federal Reserve on the front of the banknote, and the phrase "THE UNITED STATES OF AMERICA" is written micro on the left collar of the person in the portrait.



100 dollars: On the front of the 100 dollar banknotes issued in 1996, the phrase 'THE UNITED STATES OF AMERICA' is repeated micro in a line outside the frame surrounding the portrait.



On the 100 dollar banknotes issued in 1996 with Franklin's portrait and the 100 dollar banknotes released in 1999, the phrase "UNITED STATES OF AMERICA" is written micro on the collar of the person's jacket in the portrait, and the phrase "USA 100" is repeated micro inside the number '100' in the lower left corner. In the 2011 print, the phrase "THE UNITED STATES OF AMERICA" is written on the collar of the portrait's jacket on the front of the banknote, and around the empty area containing the portrait watermark on the right side of the front, the phrase "USA 100" and the phrase "ONE HUNDRED USA" along the golden feather pen on the front are written micro. Additionally, small 100 numbers are written in micro on the strips on the banknote.



HOW TO IDENTIFY FAKE 10, 50, AND 100 DOLLARS?



In the 1996 print, green and black colors were used in the 1, 2, 5, 10, 20, 50, and 100 dollar banknotes.



In the 2004 print, blue, red, and green colors were used in the 50 dollar banknotes; in the 2011 print, blue, orange, yellow, green, and black colors were used in the 100 dollar banknotes.



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