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Has anyone noticed the Drug dealers marks on back of $100 bills??

I recently and far too briefly had a stack of $100 bills when a friend of mine pointed out that on the backs of many there were various small stamps and initials.

Some had several stamps/initials.


He explained that the major drug dealers have a problem with their customers using counterfeit $100s so they have their street dealers mark all the $100s they accept. Then when the street dealers turn their proceeds in to Mr. Big if any turn out to be counterfiet then Mr. Big will know which street dealer he needs to charge them back against.

Anyone else ever noticed these marks on the back of $100s and can they confirm this story??

Comments

  • JulianJulian Posts: 3,370 ✭✭✭
    I do not think that the practice is limited to DD's. I think that the marks on the backs of the notes are done for authentication purposes, just as chopmarks were done on Trade dollars and other coins.

    I actually had never heard the DD theory, but had come up with the authentication theory on my own, not having learned of it elsewhere.
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
  • CaptHenwayCaptHenway Posts: 32,768 ✭✭✭✭✭
    A lot of overseas banks put their rubber stamp "chop mark" on $100's that have been checked for authenticity and have passed the test.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.


  • << <i>Then when the street dealers turn their proceeds in to Mr. Big if any turn out to be counterfiet then Mr. Big will know which street dealer he needs to charge them back against. >>




    Wouldn't it be just as plausible to guess that the marks come from waitresses at a large nightclub?

    Or any other equally reasonable explanation?
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    Working the night shift one night I went to go cleanup the parkinglot, and found a bank envelope with 8 100 bills all stamped "not now john". If i remember correctly they were marked on the front, not the back.
    image

    Go BIG or GO HOME. ©Bill



  • Drug dealers do not mark their bills. In fact, they insist the bills be unmarked. The last thing they want is a road map of their operation in circulation. I think you guys give them to much credit. Or, watch way too much tv.
  • mozeppamozeppa Posts: 4,431 ✭✭✭


    << <i>A lot of overseas banks put their rubber stamp "chop mark" on $100's that have been checked for authenticity and have passed the test.
    TD >>



    hmmm? how hard would it be to counterfeit the "chop mark rubber stamp"?
  • I had a $20 bill the other day with a lion stamp on the right side of the reverse. I was wondering what it is. Apparently, nodbody knows.
  • ARCOARCO Posts: 4,431 ✭✭✭✭✭
    Sounds like a good theory. It is far more interesting than believing some stodgy bank marked them. I vote for drug dealers as the cause of the marks! image

    Tyler
  • planetsteveplanetsteve Posts: 1,425 ✭✭✭✭
    It's a good story, but like trolytic I can't imagine that organized criminals would encourage the systematic marking of bills received in their business. I imagine that the money is scrutinized at every step -- or is expected to be -- from the street-level dealers to their lowest-level managers and on up.

    My favorite drug-crime show, HBO's The Wire, dealt with the issue early on. One day two junkies got away with paying with coffee-stained, xeroxed bills. After the street dealers got chastised and got wise, they looked at the cash closely and beat down the junkies when they tried it again a few days later. Sounds like real life to me.
  • BarryBarry Posts: 10,100 ✭✭✭
    I've gotten plenty of 100s at the Atlantic City casinos and never noticed any markings on them.
  • TJM965TJM965 Posts: 446 ✭✭✭
    Hey Barry, those are my hundreds. I deposit some on each visit.image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭
    I don't use hundred dollar bills image

    If the waitress don't like GWs she's SOL.
  • SandhawkSandhawk Posts: 1,154 ✭✭✭


    When I was in jr high school, "some kids I knew" used to stamp GW on the dollar bill with a MrT stamp.

    In shop class, "they" would smash a penny in a vice till it bent in half. "They" would then place a quarter in the fold and continue to squish the penny until it was FIRMLY locked onto the quarter.

    "They" would then pay for their $1.25 lunch with a MrT bill and a 26cent piece and tell the lunch lady to keep the change.

    The look on the cashier's face was priceless as they tried to remove the penny from the quarter - or so I heard !!


    image




    imageimage

  • BearBear Posts: 18,953 ✭✭✭
    If you ever find a jelly donut with a mark

    on the back...........it's mine.image
    There once was a place called
    Camelotimage
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Anyone can stamp a bill... not limited to just drug dealers.

    many are certainly akin to chop marks with respect to authenticity, others are related to the grafitti and counterstamping that's been occurring on money for, well 3000 years or so, isn't it?

    Liberty: Parent of Science & Industry

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭


    << <i>If you ever find a jelly donut with a mark

    on the back...........it's mine.image >>



    A true classic... image
    Good one , bear.
  • what about the ones that use a credit card? maybe they'll all go to plastic. they will pay the juice and be safe.image

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