Top Document: Paper Money Collecting FAQ Previous Document: 3.7) What is obsolete currency (broken banknotes, wildcat notes)? Next Document: 3.9) Is it illegal to copy U.S. paper money? See reader questions & answers on this topic! - Help others by sharing your knowledge A great number of counterfeit hundred dollar bills are showing up all over the world, but especially in Europe. This is one of the driving forces for changing the US currency. Although the impact of the counterfeit notes on the US economy is tiny, they undermine the worldwide respect for the reliable greenback. Speculation is that these notes are being printed in Iran and Syria In addition to these, color copiers make it easy to make realistic looking counterfeits. See the next section for information about copying U.S. banknotes. Counterfeit notes are illegal to own, sell, trade, give away or any other form of disposal. They should be turned in to the Secret Service. You can be jailed for collecting counterfeits. The Secret Service reported that 209 million dollars in counterfeit US money was seized in 1994. There was $110 million seized in 1993. User Contributions:Top Document: Paper Money Collecting FAQ Previous Document: 3.7) What is obsolete currency (broken banknotes, wildcat notes)? Next Document: 3.9) Is it illegal to copy U.S. paper money? Single Page [ Usenet FAQs | Web FAQs | Documents | RFC Index ] Send corrections/additions to the FAQ Maintainer: Bruce Giese <giesewpm@tiac.net>
Last Update March 27 2014 @ 02:11 PM
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