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Strange Counterfeit 100$ Bill - What is With This?

 
 
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Valued Member
United States
125 Posts
 Posted 07/10/2012  3:46 pm Show Profile   Bookmark this topic Add Derek to your friends list Get a Link to this Message
Hey guys, I was taking a four mile house, 2 miles to and from, and on my way back, I found this very odd counterfeit 100$ bill on the ground on my way back. I know it's fake, so I can't spend it, but it has a distinct Japanese stamping on it, so I don't know what it says on it. I don't know how to look up the language, so I hope one of you guys can help me out with that. Also, do you guys think I should turn this thing in? I also want to find out if you guys think it was intended to circulate, or if it is just for a small group of people, hence my desire to find out what it says. Here are the two pictures of it, front and back.

Now, let me mention before I finish: if it's not Japanese - my bad, it just looks like it to me lol.





Hope you guys can help me out with this. If nothing else, I could just keep it in my small collection of counterfeits I've found. (At least I didn't get a 100$ counterfeit in change!).
Valued Member
United States
116 Posts
 Posted 07/10/2012  3:54 pm  Show Profile   Bookmark this reply Add Golden Nickel to your friends list Get a Link to this Reply
That look odd but very interesting. It's probaly something for a group or something.
Pillar of the Community
United States
599 Posts
 Posted 07/10/2012  3:56 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
It is Chinese. These notes are all over eBay. They are claimed to be "practice money" used to train bank tellers in China.
Pillar of the Community
United Kingdom
2398 Posts
 Posted 07/10/2012  3:58 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
Looks like a training note.

I saw somewhere they were selling these notes that were used for training purposes in the Chinese banks. (to teach the cashiers how to deal with foriegn currency)

My guess would be the writing says something like "for training purposes only"

Correct me if I am wrong because I dont understand what is written either.
Valued Member
United States
88 Posts
 Posted 07/10/2012  4:23 pm  Show Profile   Bookmark this reply Add jmorgan to your friends list Get a Link to this Reply
That's exactly what they are, Chinese practice notes. Here are some on eBay:

http://www.ebay.com/sch/Paper-Money...actice+notes
Pillar of the Community
United States
2277 Posts
 Posted 07/10/2012  10:54 pm  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
Interesting. So what is the point of having worthless paper money used for training purposes? Wouldn't the real stuff do the same thing and be worth something?

And what are they training them for, if they aren't valid? I guess they found the counterfeit money there and are using that to show what the counterfeits look like?
Moderator
Learn More...
Australia
12892 Posts
 Posted 07/11/2012  12:21 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
I guess they found the counterfeit money there and are using that to show what the counterfeits look like?
No, such notes are printed by the banks over there, specifically to use in training their staff. Translating the Chinese text on a training note usually also includes "property of the bank - do not remove", or something similar.

Quote:
So what is the point of having worthless paper money used for training purposes? Wouldn't the real stuff do the same thing and be worth something?

It's deliberately designed to be "worthless". They're training hundreds of tellers-in-training simultaneously, in the art of operating a teller window: deposits, withdrawls, counting money and keeping track of their tills. Now suppose some of the new trainees come up a few hundred short after the training exercise - with training money, the worst that happens is a "Fail" and the student sent home in disgrace for incompetence, because the bank can know for sure the trainee hasn't simply pocketed the fake cash for themselves.

But if they used real money, people who knew they would fail (and therefore would not be getting a job at the bank) might be tempted to pocket some money, just to tide them over until the next job interview. And the bank might never figure out how much of the discrepancy was due to their poor teller skills, and how much was outright theft.

It is only after the trainees prove their skills with fake money that they can move on to practising with real money.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Rest in Peace
United States
3039 Posts
 Posted 07/11/2012  01:00 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
Never knew about these. That's what is great about this site-always an opportunity to learn something new.
Pillar of the Community
Canada
1166 Posts
 Posted 07/11/2012  06:37 am  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
I was hoping to get a set of these from my friend's father who is a banker in Bejing. He wasn't able to get me any but instead sent me an older training manual for world money that the tellers used:



Valued Member
United States
125 Posts
 Posted 07/11/2012  3:40 pm  Show Profile   Bookmark this reply Add Derek to your friends list Get a Link to this Reply
I like the replies guys! I am amazed how you guys knew the answer to my mystery right off the bat. I can't imagine why someone would be walking the streets out here with these useless bills. I'll just keep it in my stash of unusual finds. That is definitely a very interesting explanation about just what these are. I never would have guessed they were practice bills. I figured it was probably some fake cash that is used at some sort of gang/underground casino business...lol.
Pillar of the Community
Learn More...
United States
2513 Posts
 Posted 07/11/2012  5:30 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
Awesome book, ikandiggit! I saw a book on eBay (years ago) from the early days of BofA with all of the signatures of the people with signatory authority --- in 1906!

Hello, my name is Parklane64 and I am an out of control book collector....
I would also collect chocolate coins, except for that one problem.

ANA # 3189614
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