Customs police seize $900,000 in counterfeit money — all in $1 bills

No no no - check eBay, I am pretty sure those are the "practice" bills Chinese banks use. They don't show the whole thing because if you see the whole thing, it's got Chinese writing on it and is pretty easy to determine it's fake. Look at the top right - see the line dashes running at the top right corner of the bill?

 

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Here's something I didn't know. I would have guessed China, but it's Peru.

report-peru-top-producer-of-counterfeit-u-s-dollars

 

Actually, I do see those line dashes in that photo.


WOW !!

Is our own government playing a game on us??

If so, it wouldn't be the first time.

 

Excellent catch.

I don't think the government is purposefully trying to deceive us here (and believe me, I love a good conspiracy theory!). I think it's either poor reporting (which there is an abundance of nowadays), overzealous border patrol agents exaggerating the extent of their "bust", or counterfeiters getting lazy and thinking "What the heck! I'll try to use some of these!"

Edit: in their defense, Customs and Border Protection officers may not know what @MEC2 saw and pointed out to us, whereas the Secret Service deals with that sort of thing all the time.

 

EDITED

 

That post will be gone in 3...2...1

 

Note date on photo, and date of article.

 

More likely the reporter just pulled up a stock photo of a bundle of $1 and didn't even notice the lines on the corner.

 

as mentioned in post 22
Equador actually is on the US Dollar as their currency evn since in 2000 the accepted it as their currency imploded and everyone including the gov't swapped over to the US Dollar.

They accept and have a 1:1 on Us Dollar to their currency.
Oddly, they use our Dollar coins probably more than we do.
https://www.miamiherald.com/news/nation-world/world/americas/article138837363.html
Thus they get a lot of fake bills being produced in that region.

There is a TON of articles about this going back years.
such as
https://www.cnbc.com/2015/03/24/us-customs-seizes-65k-in-fake-100-dollar-bills.html
https://www.insightcrime.org/news/brief/peruvian-police-seize-counterfeit-dollars-bound-for-ecuador/
https://latinamericacurrentevents.c...-s-bills-continue-to-flow-in-from-peru/34457/

 

For paper money, the proper terms are "face" and "back." We do not use the coiner's terms "obverse" and "reverse." (Just sayin' because I had to stop and ask another journalist when writing an article about paper money.)

 

Obverse and its opposite, reverse, refer to the two flat faces of coins and some other two-sided objects, including paper money, flags, seals, medals, drawings, old master prints and other works of art, and printed fabrics.

 

In 30 years of collecting I have only heard obverse and reverse relative to paper money from coin dealers and collectors. Those that live in the world of paper use face and back.

 

Since they mean the exact same thing, it's just semantics.
You want to call it face and back, fine and dandy.

 

If they were smart. They would just send everybody in the US a counterfeit bill in the mail. I bet that would get them in circulation fast.

 

100% agree. And after reading thousands and thousands of auction descriptions of paper money, I’ve never seen the words obverse or mint used in the description. Just not part of the paper money vernacular.

 

Darn !! And just when I thought I was getting Coin Talk !! down, now I've gotta learn Paper Talk !!

 

Yep, it’s the same thing as being aboard a boat or ship...Port/Left, Starboard/Right, Below Deck/Downstairs etc.

 

"Front" and "back" on Banknote Museum

 

Cattywhumpus and Widdershins!!!