Counterfeit/Fake $100 Notes - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 5 / Views: 2,400
Peter THOMAS Pillar of the Community Australia 2830 Posts	Posted 09/03/2014 9:09 pm I saw a report on Yahoo-news yesterday, but can't find it today - a lady sold a gold chain for $3,000, and was given 29 x $100 note, and 2 x $50 notes - all fake. Apparently the $100s all had the same serial number, and felt "unusually thick". I tried to find it this morning, but have not succeeded ... yet. I did find another report, concerning $100s being passed in Canberra - http://m.canberratimes.com.au/act-n...n=dumb-phone I'll pose the obvious question, in the hope that the CCF cognoscenti will have something to add - we have been told since 1988 that the polymer technology is the most secure in the world - so how are these counterfeits manufactured; and what are the points of distinction between a genuine John MONASH and a fake ? Report this Post to the Staff

serial Pillar of the Community Australia 539 Posts	Posted 09/03/2014 11:34 pm I saw the video of the notes. they are very recognisable if you look at the clear window. the white print was rough and uneven. the reason they were able to rip this person off is she got greedy. she was trying to rip them of with her over priced jewellery and she got blinded to the fact that she got handed a huge batch of fake notes. if you get handed a 100 or 50 from anyone other than a bank you check it! banks have been installing machines that check the notes and spit out the fakes. I personally have seen several fakes that the banks have caught. if you get a note rub it between 2 fingers and look at the clear window Report this Post to the Staff
Matt_J Valued Member Australia 88 Posts	Posted 09/03/2014 11:39 pm Can confirm, these have been circulating in western sydney, 1 handed over at work that was siezed and sent to AFP. The feel was completely obvious although I gather thats due the to scrutiny we put bank notes through. From a distance (arms length or more) you couldnt tell them apart. I dont see them being able to fool community members but its worth spreading the word to family / friends to avoid them being ripped off. my simple advice is the crumple test, fakes will stay scrunched up due to the paper used, polymer notes will spring open. and the UV / Blacklight test. Serial numbers will glow green on real notes, the fakes I've come accross so far have not had any UV ink on them. (4 fakes in 2 years to go by) Hope this helps anyone concerned about getting a fake. Report this Post to the Staff
MobOfRoos Pillar of the Community Australia 762 Posts	Posted 09/04/2014 08:07 am Quote: we have been told since 1988 that the polymer technology is the most secure in the world - so how are these counterfeits manufactured; and what are the points of distinction between a genuine John MONASH and a fake ? The problem is that the security features of our polymer notes are now over 20 years old. We have much more powerful computers and printers than we did in the early 90s. Over the next couple of years our notes will all be replaced with more modern notes with stronger security features. Not sure when they will start issuing the new notes but I suspect that the recent 2013 notes issued by the Reserve Bank are the last in the current format. Report this Post to the Staff
oh my florin Pillar of the Community Australia 1006 Posts	Posted 09/04/2014 08:34 am I think NPA should get in touch with DuPont they specialise in advanced security features they have worked with PCGS on their new security features too. Report this Post to the Staff
robboaustralia New Member Australia 11 Posts	Posted 09/04/2014 08:42 am These fakes notes tear easily so if it does not look right give it a little tear and you will know. I have only seen one fake polymer $50 that did not rip. Fake notes have white edges and stand out clearly when bundled with other notes although some worn notes and newly cut notes can have a slightly white edge also. Edited by robboaustralia 09/04/2014 08:52 am Report this Post to the Staff
	Replies: 5 / Views: 2,400

To participate in the forum you must log in or register.

All Forums Category: Australia, New Zealand, and South Pacific (Oceania) Coins and Currency Forums Forum: Coins, Bank Notes, and Paper Money: Australia, New Zealand, & South Pacific (Oceania)

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.29 seconds to rattle this change.