This post intorduces SecuritycheckUK's cash-money series of posts, to help you determine the differnce between real and fake cash in different currencies. See the links below.
Tools to understand British banknotes
Tools to understand British Coins
Tools to understand Australian coins and notes
Canadian notes counterfeit protection - official page
Understanding Chinese banknotes and coins
Tools to understand Euro coins and notes
Tools to understand Japanese banknotes and coins
Tools to understand USA banknotes
Other countries .. extensive searching has so far revealed material that may be either out of date or of insufficient quality to present to on Securitycheck.UK. We welcome your suggestions.
These links and content will be updated as new information comes in. If you have any useful input that we then use, we will be happy to acknowledge and link back to you.
We are being inundated with news about cybercrime and modern-day scams, but old-style counterfeit money remains a major criminal problem.
Frausters now have access to amazing technology that can press coins and print notes that seem very much like the originals. On top of this, our familiarity with even our home currency is not like it used to be, as these days many transactions are done electronically, plus we all deal increasingly with foreign currency. Criminals, ranging from desperate individuals to extensive, international gangs, now see rich pickings in counterfetting, and the rest of us have to be on our guard.
According to authoritative reports, around half the dollar notes in circulation in Russia are fake; forged 'superdollars' are almost impossible to tell apart from real dollars for anyone but experts; forgers will mimik security features, such as holograms, to give false confidence; around the world various taxi drivers and traders often try to pass over forgeries in change to foreigners; the new pound coin is being intorduced in March 2017, because over 5% of the old pound coin are likely to be forgeries, and, in China, within 6 months of a new 'enhanced security' RMB 100 note being issued, the first forgeries were discovered in circulation.
There are various tools available to help determine if notes or coins are real or fake, but these are often beyond the reach of the average person during their day-to-day transactions. Hence these links.
#knowyourcash
