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$20 Note Serial Number Question

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cashhound's Avatar
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 Posted 04/24/2024  7:55 pm Show Profile   Bookmark this topic Add cashhound to your friends list Get a Link to this Message Number of Subscribers
A fellow group member's posted this note on another site. He posted it as though it was an error. I know that we have some knowledgeable members on this site. What do you think?

$20-Note-Serial-Number-Question
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Coinfrog's Avatar
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 Posted 04/24/2024  7:57 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Steve in Tampa should field this quickly.
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SteveInTampa's Avatar
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 Posted 04/24/2024  11:55 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
It's counterfeit. And not even a good one.

Here's an example of a genuine note. Check out the differences of the details on the portrait of Jackson.


$20-Note-Serial-Number-Question
Edited by SteveInTampa
04/25/2024 12:01 am
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westernsky's Avatar
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 Posted 04/25/2024  01:21 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Another clue of it's counterfeit status is that there were no L-N serial numbered twenties printed for this series. The highest block printed for district 12 twenties from series 1981-A was L-E.

Also missing from the note is a front plate number that should be located in the lower right quadrant.

Counterfeiters are notorious for not doing their homework . Even on simple stuff like series, serial numbers, plate numbers and position letters.
Edited by westernsky
04/25/2024 01:28 am
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gweidion's Avatar
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 Posted 04/25/2024  07:05 am  Show Profile   Bookmark this reply Add gweidion to your friends list Get a Link to this Reply
Stupid question from an Aussie.
Is counterfeiting still a big problem in the US?
At some stage I want to get some US currency for when I'm traveling. Would currency changers be aware of what to look for?
I can't imagine I'd have much come back if given dodgy notes from a currency exchange.
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cashhound's Avatar
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 Posted 04/25/2024  07:37 am  Show Profile   Bookmark this reply Add cashhound to your friends list Get a Link to this Reply

Quote:
It's counterfeit ...
Thanx to all for your quick and concise comments.
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 Posted 04/25/2024  9:02 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
My assumption, on seeing a note where one serial number is crooked and the other isn't, would be "that has to be a counterfeit". Either that, or it's a note where the original serial numbers were removed and new ones printed on. The serial numbers are printed on genuine notes at the same time, and the number-printing blocks are fixed in place. To get them all crooked like this on a genuine note, the printing press would need to catastrophically fail, and this note would have had to somehow be printed mid-explosion.

Quote:
Is counterfeiting still a big problem in the US?
At some stage I want to get some US currency for when I'm traveling. Would currency changers be aware of what to look for?
I can't imagine I'd have much come back if given dodgy notes from a currency exchange.

If you'll allow a fellow Aussie to answer your question...

Yes, counterfeiting is still a big problem for US paper money. The reduction in cash usage is counterbalanced by the increasing ease with which criminal gangs can smuggle in quantities of cash printed in China or elsewhere. The US dollar suffers from it more than, say, the Australian dollar or Canadian dollar because of it's universal popularity and because of it's comparative lack of security features. Of course, the OP's note is from an older series, with even fewer anti-counterfeiting features than a modern twenty.

As for foreign moneychangers being fooled, I think you'd find that people who look at banknotes professionally for a living and rely on their skill at Counterfeit Detection, would be less likely to give you a fake note than a random shopkeeper in the US. I don't think the OP's note would have fooled a moneychanger. One of the things you're theoretically paying for when you pay exchange fees is the use of that skill in determining that the notes they're giving you are genuine. These companies rely on public goodwill and reputation and someone going on Facebook or to the media announcing "they gave me fake notes" is the last thing they want. So as long as you stick to the legit moneychangers and not some street market booth being run by a criminal gang, you should be OK.

Quote:
Counterfeiters are notorious for not doing their homework . Even on simple stuff like series, serial numbers, plate numbers and position letters.

They don't have to. A counterfeiter isn't trying to fool banknote collectors, or the Secret Service, or even (usually) the banks. They're trying to fool just one person, once, and it's mission accomplished. The OP's note seems to have fooled at least one person, so the counterfeiter seems to have gotten away with it this time.
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
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gweidion's Avatar
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 Posted 06/30/2024  04:13 am  Show Profile   Bookmark this reply Add gweidion to your friends list Get a Link to this Reply
Thanks, that is good to know. I recently picked up $1300 US and wouldn't have a clue what to look for in regards to counterfeit. I have to say I am surprised the counterfeiters aren't doing the Japanese yen. Maybe they are and that is why they are releasing new banknotes.
Over the last couple of months I've gotten close to 500,000 yen for our trip to Japan next year. They look like play money.
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 Posted 07/01/2024  2:50 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply

Quote:
The serial numbers are printed on genuine notes at the same time, and the number-printing blocks are fixed in place. To get them all crooked like this on a genuine note, the printing press would need to catastrophically fail, and this note would have had to somehow be printed mid-explosion.


To add - Since 2013, I have found that the new LEPE overprinting lines print all the left-hand serials from one drum, and all the right-hand serials from a second drum so this may no longer apply to recent currency actually. So we have been seeing for example one side only with over inking or also lighter ink (insufficient ink) and even different colors on the serials http://goccf.com/t/438361&SearchTerms=2013

Otherwise however, thats all good info as the serials and seal would normally be printed at the same time before 2013. So keep an eye out for both serial numbers or one incorrectly touching elements beneath or around them they shouldnt be touching which is an error note, and sometimes the green seal is not horizontally aligned because of that. Heres a couple from links I happen to have here
https://www.pmgnotes.com/news/artic...tember-2021/
https://www.mightybargainhunter.com...-for-errors/

Modern bills have more security features on them to help identify or prevent such issues. You might be able to find some additional info
https://www.uscurrency.gov/sites/de...tures-en.pdf
https://www.uscurrency.gov/denominations/20
Edited by datadragon
07/01/2024 2:52 pm
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