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$100 Bill Counterstamp Flag?

 
 
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Valued Member
United States
392 Posts
 Posted 09/13/2019  11:22 am Show Profile   Bookmark this topic Add Papadoc75 to your friends list Get a Link to this Message
Just got this from the bank. Has anyone ever seen a counterstamp like this?




Thanks.
Edited by Papadoc75
09/13/2019 11:23 am
Pillar of the Community
United States
555 Posts
 Posted 09/13/2019  11:58 am  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
Not exactly like that, but it appears to be a Chinese bank teller stamp. They often stamp $100s to mark them as good when exchanging. Then, the notes find their way back to the US. It harkens back to the silver coins they chopmarked from the 1600s to the 1900s.
Valued Member
United States
392 Posts
 Posted 09/13/2019  12:01 pm  Show Profile   Bookmark this reply Add Papadoc75 to your friends list Get a Link to this Reply
Wow. Very interesting. Thanks for the explanation Atlas642!
Bedrock of the Community
United States
17831 Posts
 Posted 09/13/2019  12:12 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
So you have a Chinese "chop marked" Benjamin.
Valued Member
United States
392 Posts
 Posted 09/13/2019  12:14 pm  Show Profile   Bookmark this reply Add Papadoc75 to your friends list Get a Link to this Reply
Sure do.
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United States
77064 Posts
Bedrock of the Community
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United States
13063 Posts
 Posted 09/13/2019  4:29 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
An earlier CCF thread with other Chinese bank teller marks:

http://goccf.com/t/149118
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
Valued Member
United States
392 Posts
 Posted 09/13/2019  4:46 pm  Show Profile   Bookmark this reply Add Papadoc75 to your friends list Get a Link to this Reply
Thanks for sharing that thread Spence. It's truly a mystery.
Pillar of the Community
United States
647 Posts
 Posted 09/14/2019  07:27 am  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
Most of these originate in the Middle East or Eastern Europe. They are also used by merchants in the US in areas with high populations of immigrants from these areas.

The reference to China is misunderstood. These are similar to Chinese chop marks on silver coins but the stamps on US notes do not originate in China.
Valued Member
United States
392 Posts
 Posted 09/15/2019  09:06 am  Show Profile   Bookmark this reply Add Papadoc75 to your friends list Get a Link to this Reply
Very interesting lettow. What is the purpose though? I'm curious if it is similar to a counterfeit marker. Maybe the stamps use the same ink and will turn a certain color on fake paper.
Edited by Papadoc75
09/15/2019 11:23 am
Pillar of the Community
United States
647 Posts
 Posted 09/16/2019  1:54 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
Like chop marks, the stamps are a merchants indication the note is genuine.
New Member
India
22 Posts
 Posted 09/17/2019  08:21 am  Show Profile   Bookmark this reply Add sarikanair to your friends list Get a Link to this Reply
The stamping is known as a "chop mark." These were finished by money trade seller. They cleaved them to affirm that the note is certifiable. In this way, on the off chance that they do ever run over a similar note with their mark, they would not need to invest energy confirming it again and they can securely utilize it or make accessible to their clients. Early days, silver coins, for example, US Trade dollars, British Trade dollars, and Chinese Dragon Silver dollar have cleaves imprints bearing second-hand stores, merchants, images and so on.
Valued Member
United States
392 Posts
 Posted 09/17/2019  09:01 am  Show Profile   Bookmark this reply Add Papadoc75 to your friends list Get a Link to this Reply
Thank you for that information Sarikanair!
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