tag:blogger.com,1999:blog-1074514913651180682.post6121064314780708962..comments2024-03-28T17:35:00.484+05:30Comments on coins and more: Did YOU KNOW SERIES (17) : The new $ 100 Bill/banknote with additional Security Features introduced into circulation on 08.10.2013 by the US Federal Reserve:coins and morehttp://www.blogger.com/profile/12763335492838772615noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-1074514913651180682.post-41709941866472739752013-11-02T16:28:53.033+05:302013-11-02T16:28:53.033+05:30Even I have an old scanner, which is also able to ...Even I have an old scanner, which is also able to scan Banknotes having the "Eurion Constellation" feature. However, all the new scanners which I have tried to scan the Banknotes with, have declined to scan the Banknotes with a polite message of refusal. This is what I have recorded in my comment dated 24.10.2013.coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-69360783381505057442013-11-02T16:22:12.410+05:302013-11-02T16:22:12.410+05:30This is not the case now in Pune/other centres in ...This is not the case now in Pune/other centres in India. All Banks dealing in Foreign Exchange are not only handling USDs, but will also accept all your USDs on being tendered to the Banks including $100 Bills, as well, as give you USDs on request whenever you are travelling abroad on production of proper documents. So it is no big deal now.coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-89695295847897674992013-11-02T11:16:01.569+05:302013-11-02T11:16:01.569+05:30I have had no problems scanning the new 100 on my ...I have had no problems scanning the new 100 on my I-pad to email to my friends in developing Asia what a new 100 looks like. And yes, the scan can be saved as a PDF. No problems. If I could attach it here for you, I would. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-78924879398123360742013-11-02T11:11:17.920+05:302013-11-02T11:11:17.920+05:30I live in Asia, many moneychangers wont take USD 1...I live in Asia, many moneychangers wont take USD 100 before 2003 series. And now with the new USD 100, I am wondering if they will stop taking the 2006 and 2006A series also without a 5% 'discount'. This is especially bad in Hong Kong and Sigapore.<br />I dont know about India though. When I lived in PUNE, it seemed no one even knew what a USD looked like, and very hard to find!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-74606488082849854402013-11-02T11:05:57.494+05:302013-11-02T11:05:57.494+05:30It was in a movie called 'The Counterfeiters&#...It was in a movie called 'The Counterfeiters' to which you refer. The Nazi took the fake Sterling notes to Geneva, where he pressed the banker about their authenticity. The banker said the would have to have them checked with the Bank of England, who in turn notified the Swiss Bank the notes were real. The Nazi went back to the special concentration camp where some very clever ex-Jew criminals were making the notes for the Nazis, and bought them a ping pong table. Their biggest challenge was next in faking the US 100, but the war ended before they could succeed. A post-script to the movie shows a very interesting 'what if' in Monaco. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-47045984205741141802013-11-01T08:21:12.085+05:302013-11-01T08:21:12.085+05:30I don’t think it is anybody’s case that, one shoul...I don’t think it is anybody’s case that, one should simply lie low and let the counterfeiters “take over the world’s economy”. It is to the credit of the US Federal Reserve and the US Government that they are taking whatever measures they can to prevent counterfeiting of any kind, given all the constraints. Notwithstanding the fact that although less than 1/100th of 1 % of the total US currency is counterfeit, they take the preventive measures which you have mentioned , and many more, to keep the counterfeiters at bay. It is to their credit that their currency undergoes several changes, thereby, “raising the bar” for the counterfeiters every time – the $ 100 Bill has undergone 3 changes in design as well as the included security features. The latest features incorporated in the $ 100 Bills are not going to be counterfeited by unscrupulous persons in a hurry!! The only problem is that even the old $100 Bills will continue to be in circulation, some of which may turn out to be fake, hence these stringent preventive measures are still required to continue.<br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-31926997295206417752013-11-01T08:18:19.069+05:302013-11-01T08:18:19.069+05:30Namasivayam Ramaswamy has commented on 31.10.13:
&...Namasivayam Ramaswamy has commented on 31.10.13:<br />"Yes, I agree it is an Unequal world.It is the underdogs like us keep feeding the top dogs. Although I am not a card carrying communist I once thought that legislation like MRTP act et al will end the monopolies in India at least. But what we see is the exploitation of a different kind. Bills are supposed to be printed on cotton fiber and it is illegal in the US to manufacture cotton fiber papers by paper mills not on the federal approved list. But manufacturing these papers is not rocket science and it is believed that China,Peru, Columbia and even Pakistan have this know how. So, counterfeiting is no big deal. The US secret service has a very proactive and aggressive website which will tell you in seconds if the bill is fake or not. But it is available only to authorized users.<br /><br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-91506970983131483122013-10-31T06:35:18.002+05:302013-10-31T06:35:18.002+05:30Aptly put. It is true that counterfeiters will alw...Aptly put. It is true that counterfeiters will always be active. A few years ago, the Japanese 500 yen coin which is their highest denomination of coin in value was issued with the maximum security features which too got replicated in a crude sort of way. The Yuan Shih Kai dollar or the" Fatman" dollar, one of the most popular Chinese issues since 1914, is now counterfeited in at least 125 die varieties. Nevertheless, the Reserve Banks printing currencies/minting coins world over can only hope to carry on "raising the bar" every time for the counterfeiters, so as to sanitize their currency/coin issues. However, again there is a catch: Going back to the few Corporations which dominate the World of Banknote Printing, as I have mentioned before, Crane has been supplying the Printing paper to the US Treasury since 1879,while De La Rue was printing the Currency Notes for over 115 countries at one point of time. The stranglehold of these and similar Corporations continues over the World of Banknote printing. The undernoted link will give you an idea as to how these Corporations in addition to the Paper/inks/Printing Presses etc. also provide the Security threads/technologies to help Reserve Banks keep ahead of the counterfeiters. A veritable Catch-22 situation for the Bankers: On one side, the threat of Counterfeiting, while on the other side the "overbearing monopoly" of these Corporations.coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-45312813605007044732013-10-31T06:33:12.664+05:302013-10-31T06:33:12.664+05:30Namasivayam Ramaswamy has commented on 30.10.13:
&...Namasivayam Ramaswamy has commented on 30.10.13:<br />" That was a very interesting insight indeed. Long back, I used to visit Mint street in then Bombay by tram and after visiting the Naval dock yard and seeing names as Osaka Maru and son, I used to stop by at the intimidating gates of the then note printing press. In fact I had some acquaintances whose parents were the composers of the primitive block printing presses.They were subjected to constant surveilance physical checks and the local police stations were required to watch their shopping habits. Those were the days when life was very peaceful:local grocers ,no credit cards and telephones were the preserve of the rich and famous.Of course, couterfeiters also thrived but were caught and got away by bribing the cops! That was the Indian Rupee story. Yes, in America there was also massive counterfeiting but if you are not good with the local shereif you would definitely be hanged or shot by the rival counterfeiters.coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-19053952090336186512013-10-29T06:03:30.518+05:302013-10-29T06:03:30.518+05:30
Thanks for the constant encouragement.
<br /> Thanks for the constant encouragement.<br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-32430458376942626542013-10-29T06:02:24.423+05:302013-10-29T06:02:24.423+05:30Dipak Mukherjee has commented on 29.10.13:
"B...Dipak Mukherjee has commented on 29.10.13:<br />"Be it films, serious in-depth books/reports, history! You do not leave anything uncovered. As long as anyone has a question, you will delve deeper. Keep it up, Rajeev".<br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-33673450735624323932013-10-28T22:06:41.768+05:302013-10-28T22:06:41.768+05:30Rajeev Prasad I am sending you a link for a book r...Rajeev Prasad I am sending you a link for a book review titled "Money Makers- The secret World of Banknote Printing" by Klaus M.Bender, which is a very realistic study of how a few Corporations dominate the World of Banknote Printing across the World. Counterfeiting or not, this is the bigger "scam" in play world-wide and best of all - it has a legal sanctity to it!!<br /> http://www.wiley-vch.de/books/sample/352750236X_summ.pdf<br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-39342287907002234602013-10-28T22:05:40.174+05:302013-10-28T22:05:40.174+05:30Namasivayam Ramaswamy has commented on 27.10.13:
&...<br />Namasivayam Ramaswamy has commented on 27.10.13:<br />"Very interesting indeed. In fact a Nazi agent took bagful of counterfeit bills I believe it was USD and or Pound sterling to Brussels during the war and the Bank cleared the bills as genuine. Well it was Gutenberg who invented the printing machine and it follows that Germans still have that capability to print fake bills as it is in their genes to turn out the state of the art printers.India is another story.Our rupee banknotes allegedly have even more security features than that of other industrialized nations but HMMM Pakistan are beating us in the game."<br /><br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-39666404237894665792013-10-28T22:04:09.044+05:302013-10-28T22:04:09.044+05:30Yes, I have seen it three times.. One of my favori... Yes, I have seen it three times.. One of my favorites!! Another one which I have seen is "The Counterfeiters" about USDs being counterfeited in Nazi Germany!! Interestingly, the US counterfeit detection Agencies some years ago while trying to trace $ 100 counterfeit Bills detected a counterfeit currency "factory" in erstwhile East Germany (now a part of Germany) which was printing counterfeits meant for several countries, including in Asia.<br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-71468239270952287362013-10-28T22:03:09.652+05:302013-10-28T22:03:09.652+05:30Samiran Adhicary has commented on 25.10.13:
"...Samiran Adhicary has commented on 25.10.13:<br />" I'm sure you have seen the Leonardo DeCaprio Tom Hanks starer "Catch me if you can". Very interesting period film."<br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-7921332590733842742013-10-25T09:52:23.376+05:302013-10-25T09:52:23.376+05:30Thanks for the detailed insight. The new $100 Bill...Thanks for the detailed insight. The new $100 Bill simply intends to "raise the bar" for counterfeiters by having multiple security threads, variable inks, shifting patterns etc.. Although not much publicised, I do fancy that it also features a new design "Eurion Constellation" pattern as well, more advanced than the earlier one . As an interesting corollary, all new scanners simply refuse to scan Banknotes holding the "Eurion constellation" feature. Even several International/Indian Banknotes have this feature to prevent scanning before facilitating counterfeiting. It would be interesting to see how things develop.coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.comtag:blogger.com,1999:blog-1074514913651180682.post-35439673618150304272013-10-25T09:26:39.036+05:302013-10-25T09:26:39.036+05:30Namasivayam Ramaswamy has commented on 24.10.13:
&...Namasivayam Ramaswamy has commented on 24.10.13:<br />"To tell you the truth nobody likes this new bill.First of all it is very difficult to get any merchandise at mom and pop stores with a 100 bill as the counterfeiters are one up over the feds. Well the additional security features are no big deal for the printing presses in Pakistan and even China and Peru. I m not a cynic but I do believe in the rumors that about 20% of US Bills are fake and if the market can take it why not. I belong to the barter generation and still believe that one cow is equivalent to say one hundred kilos of grains!"<br />coins and morehttps://www.blogger.com/profile/12763335492838772615noreply@blogger.com