COUNTERFEIT NOTES STILL IN CIRCULATION To all business owners, - TopicsExpress



          

COUNTERFEIT NOTES STILL IN CIRCULATION To all business owners, counterfeit notes are still in circulation so please remain vigilant. In the last few days police have seized counterfeit $100 notes from businesses in the Hawkesbury Local Command. Should you come across one do not hand it back to the person who attempted to pass it on as real currency. Hold on to it and contact your local Police Station. COUNTERFEIT DETECTION GUIDE COULD YOU SPOT A COUNTERFEIT BANKNOTE? Always check a range of features – dont rely on only one or two. It can be useful to compare a suspect banknote with one you know is genuine and look for differences. All Australian banknotes have similar security features, though their location can vary on the banknote. 1 – IS IT PLASTIC? Australian banknotes are printed on plastic and have a distinct feel. A suspect banknote may feel excessively thick or thin compared to a genuine banknote. It is difficult to start a tear along the edge of a genuine banknote. You can also try scrunching the banknote in your hand – a genuine banknote should spring back. 2 – LOOK FOR THE COAT OF ARMS If you hold the banknote to the light, you should see the Australian Coat of Arms. 3 – LOOK FOR THE STAR Diamond-shaped patterns are printed inside a circle on both sides of the banknote. If you hold the banknote up to the light, the patterns should line up perfectly to form a seven-pointed star. 4 – CHECK THE CLEAR WINDOW The clear window should be an integral part of the banknote and not an addition. Check that the white image printed on the window cannot be easily rubbed off. Also look for the embossing – there is a wave pattern in the window of the $10 banknote, and the value of the banknote in the windows of $20, $50 and $100 banknotes. OTHER SECURITY FEATURES Other security features to check if you suspect a banknote might be counterfeit: 5 – FEEL THE DARK PRINTING It is produced with a special raised ink that can be felt with your finger. 6 – CHECK THE PRINT QUALITY The background printing should be sharp. Check for irregularities such as less clearly defined patterns, thicker or thinner lines, or colour differences. 7 – LOOK FOR THE MICROPRINTING Under a magnifying glass you will see tiny, clearly defined words on the top left corner of the $5 banknote and near the portraits on the other banknotes. 8 – LOOK AT THE BANKNOTE UNDER UV LIGHT Most of the banknote should not fluoresce. The exceptions are the serial numbers, a patch on the $5 banknote and a patch on the $20, $50 and $100 banknotes that also shows the value (e.g. 50). COMMON MYTHS ABOUT BANKNOTES Myth Banknotes without the printed name below the portrait are counterfeit. Fact A banknote without the name of the person below the portrait is not necessarily counterfeit. Printed names were added to Australian banknotes from 2002. This was done to help the public identify the people that our banknotes feature. To determine the year a banknote was produced, look at the first two numerals of the serial number e.g. 99 means the banknote was printed in 1999, while 03 means the banknote was printed in 2003. Myth The Governors signature is always above the Secretary to the Treasurys. Fact The order of the signatures on Australian banknotes was changed in 2002. Since then, the Governors signature has been printed above that of the Secretary to the Treasury.
Posted on: Fri, 16 Jan 2015 05:06:15 +0000

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