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Making counterfeit money has never been easier. Here are some things to look out for when you receive cash to verify that it is genuine. 4 ways to detect counterfeit money
A currency detector or currency validator is a device that determines whether notes or coins are genuine or counterfeit.These devices are used in a wide range of automated machines, such as retail kiosks, supermarket self checkout machines, arcade gaming machines, payphones, launderette washing machines, car park ticket machines, automatic fare collection machines, public transport ticket ...
A real British pound coin, of the old type, on top of a fake.This coin was often counterfeited. Defective milling and letters on a counterfeit coin (top) For modern coins in general circulation, the most common method of protection from forgeries is the use of bi-metallic coins made of two metals of different color, which are difficult to counterfeit at low cost.
American 18th–19th century iron counterfeit coin mold for making fake Spanish milled dollars and U.S. half dollars. Counterfeiting has occurred so frequently in history that it has been called "the world's second-oldest profession". [5] [6] Coinage of money began in the region of Lydia in Asia Minor around 600 BC.
The latest redesign of the U.S. $100 bill is set to enter circulation in October, and along with its sleeker look, the bill has new security features designed to thwart counterfeiters.
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