So bank tellers don't what a JFK is, do they know anything about counterfeit bills ?.

Discussion in 'Coin Chat' started by Doug21, Aug 9, 2011.

  1. Doug21

    Doug21 Coin Hoarder

    maybe they can run the marker pen on it to see if it turns black ?

    Do they know of the security stuff built into the bills ?

    I'm thinking a casino cage cashier would be trained much better.
     
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  3. Forkeh

    Forkeh New Member

    Those markers are absolutely worthless. They are iodine pens and only react to starch. The only think it takes to make a fake bill nonreactive is to print it on starch-free paper. Counterfeiters aren't that stupid, they're using starch-free paper now. In fact, many bleach out lower denominations and print over them. You also might be surprised to know that a perfectly legit bill can give a false positive if it's gone through the wash.

    Best way to tell counterfeit? Eyes and fingers. Know the money. Know what it feels like; know what just isn't right. And for the record, I've never seen a casino worker do more than use an iodine pen. But when you think about it, with the money that casinos gross, they're probably less concerned about it.
     
  4. Doug21

    Doug21 Coin Hoarder

    So since tellers are idiots ( the general consensus here) about coins.....not so important, can't get hurt with face value coinage.

    How well trained could they be on bills ?

    BTW, my mother was head teller of a bank about 1975-1990.
     
  5. scottishmoney

    scottishmoney Buh bye

    Unlike the naysayers, I like my various banks tellers. Yesterday was goody day, handed out gift cards to several of them - they are awesome about ordering boxes, bags, etc and calling me when goodies come in. Maybe there are several here that are anti-social or just don't have the gift of gab. I have taken various coins with me, like Ike dollars etc to show them what I am looking for, and believe me - they are glad to get rid of them when they come in because otherwise they usually end up in the vault and have to be accounted for everyday.
     
  6. davidh

    davidh soloist gnomic

    For someone handling bills all day, it's fairly easy to find the odd one that doesn't feel right. I also understand that some banks have UV lights at teller stations which instantly pick up the security thread in each (modern) bill. That's one thing that's hard to properly counterfeit. Yeah, I know, it is possible. Actually, tellers are trained on what to look for in detecting phony bills, including the older small portrait bills which are practically unseen any more.
     
  7. Doug21

    Doug21 Coin Hoarder

    I cashed a check the other day and took back $140 in cash, asked if they had any rolls of halves.....nope they never do and never will unless somebody dumped them on them searched, halves are hopeless, so I ask if anything unusual like $2 bills or whatever, girl says she has one, so I say I'll take it ( I tip with them).

    How do you want it back ?

    I say 20's are fine

    she gets out six twenties, then is stumped.....

    I literally have to tell here....

    a ten
    a five
    three ones
    and the deuce

    These brainiacs have to enter into some counter thing how many of each denomination they give back to you.

    Who cares....either your drawer balances at the end of the day or not....if you're a teller and count money.....go work at Walmart or McD's.

    America is in rapid decline.
     
  8. Doug21

    Doug21 Coin Hoarder

    these people couldn't tell 40 grit sandpaper from onion-skin paper.
     
  9. jcakcoin

    jcakcoin New Member

    My bank teller can at least tell what a silver coin is!
     
  10. jcakcoin

    jcakcoin New Member

    Doubled post
     
  11. rush2112

    rush2112 Junior Member

    Yes, tellers may be clueless on collectible coins and banknotes but don't under-estimate their ability to pick-up on counterfeit banknotes. They handle hundreds daily and are well trained. If I were passing fake banknotes the last person I would want to give one to, would be a bank teller. Just my thoughts.
     
  12. Doug21

    Doug21 Coin Hoarder

    I'll agree a teller doesn't need to know about 20 cent pieces, anything Gold or Ike dollars, etc. It's not history class on numismatics.

    I'd still say a casino cage cashier is tougher than a bank teller to fool on average. Both are heavily armed with spy cameras....so you'd be a fool to test either. Maybe try one in a slot machine ? I don't think sirens go off if a bill gets rejected.

    Anything over a $20 is suspicious and I've had cashiers pen $20's in high class neighborhoods and I look like I belong there ( I do, I live there), I'm no minority kid with a bandana on my head and my pants on the ground, etc.

    If I went criminal and started trying to pass off bad 20's ( they'd have to look really good to me)....I'd run out places to try real fast. Cameras are everywhere. Maybe if my bills were good enough to fool slot machines, I could heavily disguise myself and hit the LV strip and pass off 10k + in half a shift then quit, but I'd be on camera at a dozen casinos, so they got my picture disguised.....leave a print on two bills= busted.

    This ain't the perfect crime.
     
  13. Conder101

    Conder101 Numismatist

    Of course if it is short it is coming out of your check.

    They may not be highly trained in spotting counterfeit bills, but if you spend your entire day handling genuine notes and do that day after day, when you get a phony bill you will notice it by touch (unless it is one of the bleached out and reprinted genuine paper notes.)
     
  14. Doug21

    Doug21 Coin Hoarder

    cage cashiers handle money constantly as well, they seem to do it more efficiently and quickly.
     
  15. Doug21

    Doug21 Coin Hoarder

    I'd bet a casino cage cashier could more easily change "careers" and become a bank teller successfully vs. the teller working the cage.

    a bank is a lot more relaxing place to be working than a casino, IMO.
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    The only thing a casino teller would have to get used to is not to fan out the money when paying out to a customer.

    Chris
     
  17. urbanchemist

    urbanchemist US/WORLD CURRENCY JUNKIE

    lol when i was a teller i was on point. no one could ever stump me :D
     
  18. Doug21

    Doug21 Coin Hoarder

    fanning the bills is actually quite efficient, eh ?

    I'd accept that practice easily at the bank. here's $500 for your 5 black checks, fan out 5 Benjies for the camera.

    Imagine a bank teller trying to cut and count up casino checks ( chips) then pay you off fast.

    A casino cashier blows away a bank teller on average.

    I'll take the casino person to count out $4700 way faster. They are superior money handlers vs. tellers
     
  19. medoraman

    medoraman Supporter! Supporter

    Be careful to overgeneralize. I know a lot of tellers are young kids, but I knew a teller who was married to a coin dealer and she could tell better than anyone fakes, and rarities. She had a fantastic collection full of notes turned in to her, as well as rare star notes, a 000000001 pack of fives, and other great stuff. She was a teller for 40 years, paying attention all of that time.

    Your generality about cage workers being more trained than tellers is true though. Most cage workers are there long term, most bank tellers nowadays are kids out of HS.
     
  20. davidh

    davidh soloist gnomic

    This points to one reason that so many people dealing with money today are so arithmetically ignorant. They generally have a cash register, or even a calculator telling them to return a certain amount, starting with the largest denomination to the smallest. They simply haven't learned to "count up." Therefore, if you buy a $2.57 item and pay with a $20, the register says pay back $17.43 so they "count down" and pull out a Ten, a Five, two Ones, a Quarter, a Nickel, a Dime and three Pennies.

    If the register is broken, they simply have no knowledge of a way to calculate the change, which is to "count up" and start with the $2.57, add 3 cents to get up to $2.60, then add a dime (to $2.70), a nickle (to $2.75) and a quarter To get to $3.00. Then $2 to go to $5, $5 to get to $10 and finally $10 to get to the original $20. Cripes, I learned that in sixth grade.
     
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