Spotting fake hundos
 

I routinely sell chips at the table. It speeds the game up, and it allows me to virtually color up w/o bothering the chip runners. Anyway, I have a weird looking hundo. It's series 1981, and the head on Benny is all smallish. It SMELLS right, but it doesn't have a strip in it. I tried to find a picture of what series 1981 bills looked like but I couldn't. Any help here?
Do you guys have any tips on how to spot fake hundos? I don't really wanna stop selling chips, but if this turns out to be fake, I just might have to.

Re: Spotting fake hundos
 

A bill that old will look funny. They didn't have strips in them back then and Ben will be the same size as the current $1 portrait. The best way to tell a fake is by feel - nothing feels like money like money.

Re: Spotting fake hundos
 

What he said. A 100 that old will look fake to most people, esp since they don't have any of the new security features. I had an 82 bill I thought was fake, but when I went to spend it no problem. AFAIK they're taking those bills out of circulation as they get them back in but they're still legal tender.

Re: Spotting fake hundos
 

If i routinely sold chips, I would know what to look/feel/smell for.

Would be interesting to do a blind feel test. Where do fakes come from these days and what series are they?

Re: Spotting fake hundos
 

Office Depot sells "counterfeit detector" markers. If in doubt, test it. Office Depot also sells these packaged with little keychain mini-UV lights, which highlight some of the security features on newer bills.

I keep both with me on the job, and also check for look/feel as I go.


q/q

Re: Spotting fake hundos
 

[ QUOTE ]
Office Depot sells "counterfeit detector" markers. If in doubt, test it. Office Depot also sells these packaged with little keychain mini-UV lights, which highlight some of the security features on newer bills.

I keep both with me on the job, and also check for look/feel as I go.


q/q

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Those markers aren't very effective.

Re: Spotting fake hundos
 

most fakes are so good you can't even tell anymore, the good ones are 1$ bills that have been washed and made into 100s

Re: Spotting fake hundos
 

I always look for the red and blue threads in the paper.
Also try http://www.secretservice.gov/money_detect.shtml

Re: Spotting fake hundos
 

I quite selling chips at the table because of this. I've seen fakes discovered at Commerce and Bike a couple of times.

Re: Spotting fake hundos
 

If it looks real to you its gonna look real to the guy who you are gonna buy something from, I think I saw something like 1% of the hundreds are fake, you already had dozens of them and passed them along without a blink.

Re: Spotting fake hundos
 

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If it looks real to you its gonna look real to the guy who you are gonna buy something from, I think I saw something like 1% of the hundreds are fake, you already had dozens of them and passed them along without a blink.

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was this on the news?

Re: Spotting fake hundos
 

Fake $100's are pretty common, you've probably got them and used them a ton. Google "superdollar" for more information.

Re: Spotting fake hundos
 

http://www.detecting.org.uk/html/Sup...nd_Frauds.html

"Currently, it is estimated that 1 in 10,000 bills is a super note" Thats 0.01% and there is not as much fake 1$ as there are fakes 100$.

So I guess its still about 1% or more. Dont worry too much about fake bills, if you cant spot them, the guy who will take you order at mcdonalds wont have a clue either.

Re: Spotting fake hundos
 

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... Dont worry too much about fake bills, if you cant spot them, the guy who will take you order at mcdonalds wont have a clue either.

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You would try to pass a $100 bill at McDonalds?!!? I thought they call in the VP of Operations if someone tries to buy a Big Mac with a C-note. [img]/images/graemlins/smirk.gif[/img]

~ Rick

Re: Spotting fake hundos
 

well you see what I mean, just even get it to any craps table they ll get you chips and wont give a [censored]

Re: Spotting fake hundos
 

This sounds reasonable.

Re: Spotting fake hundos
 

Just a word of caution, I recently had a casino reject a fake new-style 100 that I'm 99% certain they gave me 3 days before when I cashed out (since I keep my gambling bankroll separate and I had just had a big cashout a few days earlier, and I put recent money on top and take it off the top).

Also, they kept the bill, so I was out $100 (and went in their records for trying to pass counterfeit).

By the way, I remember the bill felt kind of funny in my hand, as someone mentioned above. Like it was too thick or something.

Re: Spotting fake hundos
 

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I always look for the red and blue threads in the paper.


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A good tip in general, but I'm not sure it would not help in this specific case.

The multicolor threads were added after 1981 (1990 or so).

Re: Spotting fake hundos
 

[ QUOTE ]
You would try to pass a $100 bill at McDonalds?!!? I thought they call in the VP of Operations if someone tries to buy a Big Mac with a C-note. [img]/images/graemlins/smirk.gif[/img]

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Back in my mute non-balla days, I remember going to Vegas and being weirded out that the ATMs dispensed $100s. Then I used one to buy a Beef 'n Cheddar at Arby's. They weren't even mildly phased, and I don't believe they checked it.

Anyway, our economy is built on counterfeit money, has been for centuries. It spends the same. What, you think our Federal Reserve Notes are backed by anything? Money is a societal construct. It's worth what you can convince somebody it is, no matter who made it.

Re: Spotting fake hundos
 

update: passed the hundo to a chip runner with no issues. I think it was prob real. If not, maybe I'll get it back on my next cashout [img]/images/graemlins/crazy.gif[/img]

Re: Spotting fake hundos
 

I got a fake "old" $100 bill at the Taj about two years ago. Found out it was fake when I tried to cash it at a Subway in NYC.

I returned it for 20 red chips at the same cage I got it from a week later.

Re: Spotting fake hundos
 

[ QUOTE ]
Just a word of caution, I recently had a casino reject a fake new-style 100 that I'm 99% certain they gave me 3 days before when I cashed out (since I keep my gambling bankroll separate and I had just had a big cashout a few days earlier, and I put recent money on top and take it off the top).

Also, they kept the bill, so I was out $100 (and went in their records for trying to pass counterfeit).

By the way, I remember the bill felt kind of funny in my hand, as someone mentioned above. Like it was too thick or something.

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Yeah, this is the real problem.

The guys arguing that there are lots of counterfeit bills and by implication therefore we ought not worry about the possibility are throwing out a red herring.

The real issue to anyone of us is that we pocket the bill, and then at some later point in time attempt to buy chips or deposit it in the bank, it is discovered by someone trained to spot the fakes, and we are out the $100.

Re: Spotting fake hundos
 

If I have a lot of red chips and the dealer is getting short, I don't want to really slow the game down by needing a fill soon, so I will sell someone a stack or two, then immediately hand the dealer the bills and ask for green $25 chips, which they usually have plenty of. Doesn't take any more time, the table won't need a fill soon, and I don't have to have cash on the table which could be fake or stolen when I go to the bathroom.

Re: Spotting fake hundos
 

As a dealer, THANK YOU to people who sell chips when we need them. I had a heck of a time at a 15/30 game this morning. A lot of fish buying in short, people insisting on holding onto those $100 chips until the last minute, and the night shift rotating with the daytime shift. Also crazy mad action, lots of side pots. The chip runner was having a hard time keeping up, and I only had at most a stack in my rack at any time. At the same time, I had to fix up a rack left as a mess by the previous dealer and deal with some late time charges. So, er, I was busy.

A couple of people stepped up and sold many stacks as needed, then got them from the chip runners. This made what would've been a headache a total breeze... well, okay, that's not true, but at least not a headache. It also went a long way towards happy cooperative feelings at the table in general, which leads to more action... I do ask people to do it, too, but sometimes as a dealer it can be awkward to encourage a cash transaction between strangers.

Okay, hijack over, carry on.

Re: Spotting fake hundos
 

[ QUOTE ]
I got a fake "old" $100 bill at the Taj about two years ago. Found out it was fake when I tried to cash it at a Subway in NYC.

I returned it for 20 red chips at the same cage I got it from a week later.

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They didn't confiscate it from you in NY? Messed up.

Re: Spotting fake hundos
 

[ QUOTE ]
[ QUOTE ]
I got a fake "old" $100 bill at the Taj about two years ago. Found out it was fake when I tried to cash it at a Subway in NYC.

I returned it for 20 red chips at the same cage I got it from a week later.

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They didn't confiscate it from you in NY? Messed up.

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You really think Subway wants to try to tackle this? They don't KNOW the bill is a fake. They suspect it is. If they confiscate it and refuse to compensate someone, and it turns out the bill is not counterfeit, boy are they asking for it. I would be a most displeased customer if I ended up spending an hour at a Subway because some schmuck of a store manager THOUGHT these new fangled bills with funny colors were fakes. I fail to see what legal ground they stand on to seize your property based on suspicion. But IANAL and perhaps there are good samaritan provisions to allow it. But it's really a lose/lose proposition for the business to try to grab it.

One thing keeping the good citizens of the country from stopping the circulation of these is that you're basically playing hot-potato with 'em. Whoever ends up holding it at the time the music stops is out $100. So there's no incentive to do the right thing and turn it in and instead folks just keep passing 'em around even when they're pretty sure it's bad hoping the next person will accept it.

I did have a problem once at an Arby's. Hand 'em a pretty multi-color new bill and the clerk laughs and pushes it back. I push it forward and the clerk gets very serious and says "sir, it isn't funny anymore" and pushes it back to me. I don't try to argue with her and just tell her to get her manager. He comes over and rolls his eyes and tells the register clerk "I TOLD YOU about these new bills!"

Re: Spotting fake hundos
 

I have heard that the 100 (number) in the right corner is hard to fake. Tilt it too see it turn from green to brown.

Re: Spotting fake hundos
 

Memphis,

Shortly after I moved to LV a convenience store clerk tried to tell me that I had just given her a counterfeit 100 because it failed the marker test. She also said she was going to keep it. I said (in a VERY friendly and inquisitive voice) "Really? It's a fake? Let me see, show me!" and got the bill back from her. No way in hell was I going to let go of it again. Since I didn't do anything wrong I wasn't going to let an idiot clerk talk me out of a bill just because her training tells her to confiscate such. A more knowledgable employee told me to run it through one of the poker slot machines. I did and it accepted it so they accepted it.

Don't ever let a cop, a casino employee or anyone take your property away from you. Even if you did give them a fake there is no crime because there is no intent. That "phony" bill still belongs to you, regardless of what they say to the contrary. Hold on to it for dear life and dare them to arrest you if you must. They won't. They're just playing the intimidation game. You only lose if you give in.

It has been standard operating procedure for many businesses locally to not accept old-style 100s. I recommend that you don't either, just to protect yourself.

Re: Spotting fake hundos
 

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Don't ever let a cop, a casino employee or anyone take your property away from you. Even if you did give them a fake there is no crime because there is no intent. That "phony" bill still belongs to you, regardless of what they say to the contrary. Hold on to it for dear life and dare them to arrest you if you must. They won't. They're just playing the intimidation game. You only lose if you give in.


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This is not true. A financial institution must take it.

Re: Spotting fake hundos
 

I got a 50 from someone at the table the other day and one of the 4 "50"s was smaller and looked like weird text. It was also pink on both left and right ends. I was most displeased and traded it for two 25 chips with no issues with the chip runner, i just didnt want it on me.

Re: Spotting fake hundos
 

i worked in a bank for 3 years, i never saw a counterfeit bill, especially in packs of 100$ bills which often get run through a machine real quick. If someone was trying to wash counterfeit money in a poker room they would slip fake bills in the middle of packs of real ones

Re: Spotting fake hundos
 

dino comics has already weighed in on the subject and you can learn from them.

http://www.qwantz.com/archive/000842.html

Re: Spotting fake hundos
 

[ QUOTE ]
[ QUOTE ]
You would try to pass a $100 bill at McDonalds?!!? I thought they call in the VP of Operations if someone tries to buy a Big Mac with a C-note. [img]/images/graemlins/smirk.gif[/img]

[/ QUOTE ]

Back in my mute non-balla days, I remember going to Vegas and being weirded out that the ATMs dispensed $100s. Then I used one to buy a Beef 'n Cheddar at Arby's. They weren't even mildly phased, and I don't believe they checked it.

Anyway, our economy is built on counterfeit money, has been for centuries. It spends the same. What, you think our Federal Reserve Notes are backed by anything? Money is a societal construct. It's worth what you can convince somebody it is, no matter who made it.

[/ QUOTE ]


From the Sci-fi book Schrodinger's Cat by Robert Anton Wilson:

The Federal Reserve did create money out of nothing. So did all the other banks. The laws of Unistat allowed this, by permitting banks to issue loans up to as much as 8 times the amount they had in deposits. Every time a bank made a loan on money they didn't actually have, they were creating money.

Most of the people who knew about this (aside from the bankers) went paranoid worrying about it. This was because they did not realize how much their Reality was created in similarly occult ways.

The Federal Reserve made it possible for other banks to loan what they didn't have. The Fed "guaranteed" the credit of the banks.

The Fed was able to make this guarantee because it had lot of credit itself, in the form of government bonds.

The government bonds were good because they were guaranteed by the loans from the Fed.

The loans from the Fed were good because the government gave them bonds.

And this was safe, because the bonds (remember) were guaranteed by the Fed.

Re: Spotting fake hundos
 

When a bank loans money, that money is paid back to them. So no money is being created out of thin air. Not that the Fed doesn't pump extra cash into the system to get through the tough times. It does.

Re: Spotting fake hundos
 

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When a bank loans money, that money is paid back to them. So no money is being created out of thin air. Not that the Fed doesn't pump extra cash into the system to get through the tough times. It does.

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No the bank expects the money to be paid back to them. The economy is sustained by faith. That is why we have nothing to fear, but fear itself. And money is being created due to the interest that is payed back, plus the loan.

Re: Spotting fake hundos
 

[ QUOTE ]
dino comics has already weighed in on the subject and you can learn from them.

http://www.qwantz.com/archive/000842.html

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That was remarkably unamusing.

Re: Spotting fake hundos
 

I was a teller in my past life and in nearly 4 years, I'd spotted only 4 fake bills, with only 1 getting by. Here's my take:

- There are many more fake $20's, then $100's, so relax.
- Markers/pens do not always work.
- Some fakes are so good, you need to call the Federal Reserves to verify. Conversely, some real bills appear really fake and can transform over time or might have been washed.
- When in doubt, refuse it.
- If you have it, be careful what you do with it because certain professions MUST confiscate it (banks etc.).
- Putting in into a slot machine to verify sounds like a good way to proof its authenticity. If it works and you don't want to play, just cash it out.

Re: Spotting fake hundos
 

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When a bank loans money, that money is paid back to them. So no money is being created out of thin air.

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Uh....no. US Currency is not backed by any tangible items such as gold (which is really just a hunk of metal with a specific elemental number that humans assigned an arbitrary value to based on its relative scarcity and its ability to exist in a solid and liquid form without losing much mass between transformations). No bank or reserve has actual cash, collateral or metal anywheres near the actual value of their outstanding loans.

Re: Spotting fake hundos
 

[ QUOTE ]
[ QUOTE ]
When a bank loans money, that money is paid back to them. So no money is being created out of thin air. Not that the Fed doesn't pump extra cash into the system to get through the tough times. It does.

[/ QUOTE ]


No the bank expects the money to be paid back to them. The economy is sustained by faith. That is why we have nothing to fear, but fear itself. And money is being created due to the interest that is payed back, plus the loan.

[/ QUOTE ]

And if you don't pay it back, the bank seizes your house or whatever assets you have to retrieve the money.

Re: Spotting fake hundos
 

[ QUOTE ]
[ QUOTE ]
When a bank loans money, that money is paid back to them. So no money is being created out of thin air.

[/ QUOTE ]

Uh....no. US Currency is not backed by any tangible items such as gold (which is really just a hunk of metal with a specific elemental number that humans assigned an arbitrary value to based on its relative scarcity and its ability to exist in a solid and liquid form without losing much mass between transformations). No bank or reserve has actual cash, collateral or metal anywheres near the actual value of their outstanding loans.

[/ QUOTE ]

The dollar is backed by the stabilty and strength of the United States of America and the faith people have in it. Sure it has value because we choose believe it does, but that's no different to people putting faith in gold holding it's value. Gold has value because we convince ourselves it has.