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#1
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(Possibly) Stupid Question
In my business, I frequently see $100 bills with small images stamped on
them. They seem to be stamped with a rubber stamp or similar device, and are approximately 1/4 inch in diameter. Examples: a single Chinese character in red, a purple unicorn head, a blue crescent moon and star, and a capital BS inside a circle. These are just what I saw today. They are on about half of the notes I look at, but only on the $100's. What are these things? Thanks |
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#2
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In the early 90's I saw something similar, but if I remember correctly it was only (or mostly) on 50's. But in those days it was the old style bills so I assumed it was something to do with counterfeit detection. I never did get a satisfactory explanation though. Regards, Kevin. "Leggette" wrote in message ... In my business, I frequently see $100 bills with small images stamped on them. They seem to be stamped with a rubber stamp or similar device, and are approximately 1/4 inch in diameter. Examples: a single Chinese character in red, a purple unicorn head, a blue crescent moon and star, and a capital BS inside a circle. These are just what I saw today. They are on about half of the notes I look at, but only on the $100's. What are these things? Thanks |
#3
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It is not a stupid question. I think they are stamped on there as a form of
counterfeit detection, much like back in the old days in China when they stamped coins. I think it is annoying, particularly when you have to have clean unstamped, untorn, nice condition notes for a transaction. Dave -- emails to (myuserid).at.lycos.com Tir nam Beann, nan Gleann, s'nan Gaisgeach - Saor Alba A-Nis! "Kevin Steinhauer" wrote in message ... In the early 90's I saw something similar, but if I remember correctly it was only (or mostly) on 50's. But in those days it was the old style bills so I assumed it was something to do with counterfeit detection. I never did get a satisfactory explanation though. Regards, Kevin. "Leggette" wrote in message ... In my business, I frequently see $100 bills with small images stamped on them. They seem to be stamped with a rubber stamp or similar device, and are approximately 1/4 inch in diameter. Examples: a single Chinese character in red, a purple unicorn head, a blue crescent moon and star, and a capital BS inside a circle. These are just what I saw today. They are on about half of the notes I look at, but only on the $100's. What are these things? Thanks --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.737 / Virus Database: 491 - Release Date: 8/11/04 |
#4
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On Tue, 17 Aug 2004 06:38:17 -0400, "Scottishmoney"
wrote: It is not a stupid question. I think they are stamped on there as a form of counterfeit detection, much like back in the old days in China when they stamped coins. I think it is annoying, particularly when you have to have clean unstamped, untorn, nice condition notes for a transaction. Undoubtedly to pay a small group of well dressed gents who have offered you a deal you couldn't refuse? Padraic. la cieurgeourea provoer mal trasfu ast meiyoer ke 'l andrext ben trasfu. |
#5
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What are these things?
In our business we have a foreign exchange that deals in large cash transactions and the USA $100 is a commonly traded commodity. We have learned the hard way that banks do not necessarily practice the same due dilligence we do. We check EVERY note with high-tech devices but they do not and we have been passed bogus notes by them. They also claim to have receive bogus notes from us. Our solution? When we go to a bank to collect USA cash we actually bring our machines to test on-site and do not trust the bank. Likewise, any notes that we have tested and authenticated for sending to a bank are then stamped (we use an "OK" in a circle) so if they try to pass back an unstamped note as ours, we can be certain and prove that it is not. We never do this to collectible notes, I assure you. Only well-worn circulation script. If you see the blue OK in a circle you will know we have tested and confirmed the note's validity. Maybe other companies use a similar method? FWIW. - Sheldon |
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