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$50 Bill 1988 Offered By Teller. Value Over Face?

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SteveInTampa's Avatar
United States
4637 Posts
 Posted 09/30/2017  07:54 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I thought the same thing at first, but the signatures make it a 1988....after closer examination, I now believe it may be a counterfeit note.
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Buddy's Avatar
United States
7075 Posts
 Posted 09/30/2017  9:36 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Yikes! Thanks for checking guys. I use that site all the time -- always hoping to find that one of my star notes is a low print run.

What a shame if it is a counterfeit!
Valued Member
man2004's Avatar
United States
338 Posts
 Posted 10/01/2017  03:39 am  Show Profile   Bookmark this reply Add man2004 to your friends list Get a Link to this Reply
So the teller might be correct! It looked a little to small too.
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Coincollector110's Avatar
United States
818 Posts
 Posted 10/01/2017  6:54 pm  Show Profile   Bookmark this reply Add Coincollector110 to your friends list Get a Link to this Reply
It's a counterfeit- there were no $50s printed for that series in the Atlanta district, so it's possible a bleached $1 from a newer series.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 10/01/2017  7:09 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Shut my mouth, I'm learning something here.
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Tootallious's Avatar
United States
1559 Posts
 Posted 10/01/2017  8:05 pm  Show Profile   Bookmark this reply Add Tootallious to your friends list Get a Link to this Reply
The signatures may be from an 88, but if you save the image and bring it up to edit it you can play with the lighting and such to clearly see that the last number is a 5! The third number is far to fuzzy to make out But it almost doesn't look like an 8. Maybe look at it with an ultra violet light
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Buddy's Avatar
United States
7075 Posts
 Posted 10/01/2017  8:15 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
man2004, whatever you do, don't spend it.

If the teller and the bank manager both looked at it and know that you took it from them, they should be willing to take it back. Let them deal with the feds.
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 10/01/2017  11:18 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
Definitely a counterfeit note.

It didn't look right at first glance, so I checked the serial number plate position, and it should be G1, not H4.

Went to USPaperMoney.Info & no 'F'- Block $50's had been printed for series 1988.

Went back here to zoom in on the series date, and figure it may be series 1985 (although I believe it would have a different Signature combination), and this time I checked the 'F' Block Runs for 1985 and found only the F-A Block was printed for series 1985.
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man2004's Avatar
United States
338 Posts
 Posted 10/02/2017  04:21 am  Show Profile   Bookmark this reply Add man2004 to your friends list Get a Link to this Reply
Luckily I tuned it down. The teller allowed me to take pictures to post on here. I told her that I would call her this Wednesday when she gets back from vacation. Unfortunately, my fingerprints are on the bill now!
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 10/02/2017  05:38 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply

Quote:
Unfortunately, my fingerprints are on the bill now!


If it's not your note and you didn't own the note or try to spend it, then I see no problem with fingerprints.
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man2004's Avatar
United States
338 Posts
 Posted 10/02/2017  1:15 pm  Show Profile   Bookmark this reply Add man2004 to your friends list Get a Link to this Reply
The teller asked me for my opinion because I was picking up halves and dollar coins. I told her that my knowledge of paper money is limited and shot some photos. I believe she plans to turn it in this week when she returns from vacation on Wednesday. I'm just glad I didn't buy!
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Tootallious's Avatar
United States
1559 Posts
 Posted 10/02/2017  2:09 pm  Show Profile   Bookmark this reply Add Tootallious to your friends list Get a Link to this Reply
What boggles me is the fact that all banks run all paper currency through counting machines (before it is designated to a tellers drawer) which detects counterfeits three different ways.
First is magnetically. The metal strip in newer currency. The second is by ultraviolet light. And third is by infrared (IR) which detects the thickness of the inks used as well as to detect if the correct inks are being used. Also, the tellers are trained to spot counterfeit bills. After all, thousands upon thousands of dollars pass through their hands each and every day and as a result of that, they should be able to feel a counterfeit.
My point, the counting machine should have detected that bill and or,either the teller was not trained properly, or she likes you and is playing dumb just to flirt. This is just my opinion!!
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Buddy's Avatar
United States
7075 Posts
 Posted 10/02/2017  8:01 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply

Quote:
Luckily I tuned it down.


Oh, I thought you had taken it.
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man2004's Avatar
United States
338 Posts
 Posted 10/06/2017  01:24 am  Show Profile   Bookmark this reply Add man2004 to your friends list Get a Link to this Reply
I called the teller today to inform her that the forum members confirmed that the $50 bill is counterfeit. She was very thankful. Apparently, the bill was accepted in a group of bills for deposit. So, the bank/feds might be able to track the transaction and identify the donor of the bill. The fake 50 is off to the feds! Great work guys!
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Buddy's Avatar
United States
7075 Posts
 Posted 10/06/2017  8:21 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
It's entirely possible that whoever deposited that note had no idea that it was counterfeit.

Like Tootallious posted, it's is kind of odd that the note got past the bill sorter/counter. It probably got spit out but the bank employee assumed it got rejected due to its age alone.

Edited by Buddy
10/06/2017 8:23 pm
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