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Genuine currency paper has a unique texture and feels that it is difficult to replicate. The report is made from a blend of cotton and linen fibers and has a distinctively crisp feel. Additionally, genuine currency paper has a consistent texture and color throughout the bill. To identify counterfeit bills based on their paper quality, look for paper that feels too smooth or too rough, has a different texture or color than genuine currency, or lacks the unique feel of natural currency paper. A counterfeit detection pen is a popular tool for detecting fake bills. However, reacting with the starch in genuine currency paper creates a dark mark. Limitations include its effectiveness on altered bills.
The practice of counterfeiting currency is as old as money itself. Over the ages many have tried to make a living from this illegal activity with varying degrees of success. One of the earliest counterfeiters was also one of the luckiest. Dating back to the 5th century under the rule of Emperor Justinian, the man who would become known as Alexander the Barber was so talented that he was eventually employed by the state to help in their finance department. Over the ages methods of counterfeiting became increasingly sophisticated.
Watermarks are images embedded into the paper of genuine currency during the manufacturing process. These images can only be seen when held up to the light. To identify a watermark, hold the bill up to the light and look for a faint idea of the portrait featured on the account. The watermark should be visible on both sides of the bill, and the image should be crisp and clear. Security threads are thin plastic strips embedded into the paper of genuine currency. The security thread runs vertically through the bill and is visible when held up to the light. The security thread also has text printed on it, identifying the bill’s denomination. The security thread is an important security feature because it is difficult to replicate accurately.
Fighting Fake Bills with Currency Redesigns: In 1995 the United States Government announced a substantial redesign of the nation’s currency in an attempt to stay ahead of modern day counterfeiters. While technology has improved to keep fake money out of circulation however, a large amount of counterfeit money still exists. It was estimated in early 2000 that more than $60 million of counterfeit money was removed from circulation. Modern day tactics to establish valid currency include high quality printing, seals by the Federal Reserve and Treasury, printed serial numbers, and a very specific type of paper that has tiny red and blue fibers embedded throughout. Even the reproduction of the type of paper used to make federal currency is considered an illegal act, but counterfeiters still attempt to replicate the color of the material by using fine red and blue dots in the printing process.
At the beginning of the Revolutionary War, the United States Continental Congress authorized the printing of national currency to meet their expenses. While this did cause inflation, it is also believed that England introduced large amounts counterfeit currency to intensify the problem. Counterfeit paper currency had also been an issue before the war, so treasuries and printers were already regularly inventing new devices and printing methods in an effort to counteract fraudulent paper currency. In fact, Benjamin Franklin was one of the monetary printers who invented a method to fight back against counterfeiting before the war. See more details on authenticworldwidenotes.com.