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Best Counterfeit Money Detector

 
vicanuck
(@vicanuck)
Expert

I was thinking about getting one of these little money scanners for my business. I see a lot of retailers have them now.

Does anyone on the board have any thoughts to share on the most effective/accurate brands and experience with these?

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Topic starter Posted : December 22, 2015 1:43 pm
OldTart
(@the-oldtart)
Expert

This might be helpful in choosing:

https://flipboard.com/@aashiqryneveldt/best-ultraviolet-counterfeit-money-detector-%26-uv-pen-reviews-2015-c3p86i6dz

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Posted : December 22, 2015 1:58 pm
speee1dy
(@speee1dy)
Expert

when i worked at a bank more than 10 years ago, it was told to us that those pens are not that good. we also had a money scanner thing. but it is more about the look and feel of a bill more than anything. it has a certain feel that ( what i heard ) cannot be replicated.
you have to know where all the marks on a bill are in relation to the denomination.

i saw a counterfeit not too long ago and it just felt too papery.

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Posted : December 22, 2015 4:30 pm
sttanon
(@sttanon)
Advanced Member

It would depend on how much money you are wanting to check. Easiest way and most reliable way is to check for the security band which not only shows bill is authentic but also shows denomination. The iodine pens are crap. There are so many ways to fool them it's not funny. See here for the reason why. As mentioned there bleaching bills is one way, and its what is going on big time in the VI right now. The new USB scanners seem to work well, the better quality bill counters generally have several measures that they use while counting to also check bills...

The feel of a bill is partially that the ink is actually above surface of bill in some spots and alsó US currency is actually more fabric than paper...

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Posted : December 23, 2015 1:27 am
Alana33
(@alana33)
Expert
speee1dy
(@speee1dy)
Expert

just one thing about checking the security strip-if a bill is bleached and reprinted a strip will still be there and most people dont know where to look for the strip in accordance with the denomination. could be a problem

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Posted : December 23, 2015 10:35 am
sttanon
(@sttanon)
Advanced Member

just one thing about checking the security strip-if a bill is bleached and reprinted a strip will still be there and most people dont know where to look for the strip in accordance with the denomination. could be a problem

https://uscurrency.gov/security/100-security-features-2013-present

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Posted : December 23, 2015 10:43 am
speee1dy
(@speee1dy)
Expert

i dont work in retail-that comment was about those who work with money. not everyone knows what to look for.

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Posted : December 23, 2015 4:09 pm
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