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What happens when a fake note gets accidentally submitted to a grader?
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<p>[QUOTE="scottishmoney, post: 1521013, member: 12789"]Back in the fall of 2008 I made a large withdrawal from a bank in the form of $100 bills as I was preparing to travel overseas. One of the Bens just didn't look right, the colours were off a bit and I handed it back to the teller and told her it appeared to be a counterfeit. So she pulled out her "detector" pen and started slashing at it, and of course the paper was good. She was convinced the note was good based on the detector pen results. I asked to look at it again, looking at the watermark I could see that Abe was staring at me, not Ben. She still insisted the note was good and then I had to ask to see the branch manager, she came and looked at the note and pronounced it a fake.</p><p><br /></p><p>It was a bleached $5 bill, sure it had the watermark - Abraham Lincoln. Back before the newer 2006 series, the colourised version the $5 had Lincoln in the watermark. Now it has the numeral 5 for a very good reason. People were bleaching out the ink on the $5 and printing them over as $100s. There were a rash of them going around at that time and I just happened upon one of them. </p><p><br /></p><p>The teller that handed it to me had bought the note from another teller that morning and it had come in from a deposit earlier. In the end the bank ate the loss.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 1521013, member: 12789"]Back in the fall of 2008 I made a large withdrawal from a bank in the form of $100 bills as I was preparing to travel overseas. One of the Bens just didn't look right, the colours were off a bit and I handed it back to the teller and told her it appeared to be a counterfeit. So she pulled out her "detector" pen and started slashing at it, and of course the paper was good. She was convinced the note was good based on the detector pen results. I asked to look at it again, looking at the watermark I could see that Abe was staring at me, not Ben. She still insisted the note was good and then I had to ask to see the branch manager, she came and looked at the note and pronounced it a fake. It was a bleached $5 bill, sure it had the watermark - Abraham Lincoln. Back before the newer 2006 series, the colourised version the $5 had Lincoln in the watermark. Now it has the numeral 5 for a very good reason. People were bleaching out the ink on the $5 and printing them over as $100s. There were a rash of them going around at that time and I just happened upon one of them. The teller that handed it to me had bought the note from another teller that morning and it had come in from a deposit earlier. In the end the bank ate the loss.[/QUOTE]
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What happens when a fake note gets accidentally submitted to a grader?
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