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Counterfeiting new bills?
ddink
Posts: 2,748
I've always wondered something. So far this is the second time we've seen bills redesigned to make them harder to counterfeit. That's great. But the older, easier to counterfeit bills are still legal tender. I don't see how we've done anything at all to stop counterfeiting--all the crooks will just make the older, easier to make bills that are STILL legal tender. What's the point of making harder to copy money when you don't demonitize the easier-to-copy money?
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
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Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
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<< <i>Way to blow my cover >>
I figured it was you!!
2 things not to joke about -- killing the President and counterfeiting Uncle Sam's money!
Michael
They made them on thier computer and used regular paper. Fooled many stores in town. Not for long though.
While talking with the Detective he told me it is real easy now with new printers and scanners. Also some will take the old $1 bills and dip them (no pun intended) to remove the ink and reprint them as $20 bills.
It is a strange world???
Not too hard to believe when you see what some do to sell a coin at a high price.
Rookie Joe
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USAF veteran, 1986-1996 :: support our troops - the American way.
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
<< <i>It would raise a red flag if old bills look brand new. Wouldn't it? >>
Yes, but many counterfeiters tumble the bills to make them look older. Plus, even if the old-style bills stop circulating, as long as they are still legal tender, a counterfeiter can still pass them. Look at 90% silver coins: they no longer circulate, but if you do find one in change, it's still legal tender and will buy the same as a modern coin
Bottom line: unless older notes are demonitized, there is no point in making new notes that are harder to counterfeit.