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What happens when a fake note gets accidentally submitted to a grader?
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<p>[QUOTE="Conder101, post: 1520869, member: 66"]When you turn one in and they confiscate it they do probably give you a receipt for it. That and five bucks will buy you a cup of coffee at Starbucks. The receipt isn't good for anything, just a legal document so you can't say they stole it from you.</p><p><br /></p><p> I was going to say the grading service would do like they do with coins and send it back with "Questionable Authenticity" but I guess that would only be with Federal notes that are still legal tender. I have seen other counterfeit notes in TPG holders indicated as counterfeits. Some counterfeits are highly collectable.</p><p><br /></p><p>If you turn in a note they probably will try to trace it, but it isn't a easy job. (In most cases if you pull a bill out of you wallet or pocket can you really say for sure who gave you that particular note? And if you can and they go back to the merchant that gave it to you can he say where it came from? Not likely. A fifty or hundred maybe but a twenty? He may take in a couple hundred twenties a day and then the police bring him one and ask "Do you know who gave you this twenty dollar note? No.</p><p><br /></p><p>On the other hand if you pass it and it gets discovered there is a chance it MIGHT get tarced back to you. Now you are under suspicion and if you can't say where you got it......[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1520869, member: 66"]When you turn one in and they confiscate it they do probably give you a receipt for it. That and five bucks will buy you a cup of coffee at Starbucks. The receipt isn't good for anything, just a legal document so you can't say they stole it from you. I was going to say the grading service would do like they do with coins and send it back with "Questionable Authenticity" but I guess that would only be with Federal notes that are still legal tender. I have seen other counterfeit notes in TPG holders indicated as counterfeits. Some counterfeits are highly collectable. If you turn in a note they probably will try to trace it, but it isn't a easy job. (In most cases if you pull a bill out of you wallet or pocket can you really say for sure who gave you that particular note? And if you can and they go back to the merchant that gave it to you can he say where it came from? Not likely. A fifty or hundred maybe but a twenty? He may take in a couple hundred twenties a day and then the police bring him one and ask "Do you know who gave you this twenty dollar note? No. On the other hand if you pass it and it gets discovered there is a chance it MIGHT get tarced back to you. Now you are under suspicion and if you can't say where you got it......[/QUOTE]
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What happens when a fake note gets accidentally submitted to a grader?
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