4 ms·
One dollars do not as of yet
by fredgrott 12y ago
One dollars do not as of yet
- ck2 12y agoBut what about old $20 bills. Strange I cannot find a list. Kinda worried.
- chiph 12y agoIf you're relying on this one feature to detect counterfeits, that's a bad approach. Magnetic ink has been available for years to print onto fake checks (the account digits are MICR -- not just a pretty font) Side note: One of the techniques that check kiters used to extend the float time was to erase the info encoded into the magnetic ink, which meant the routing & account numbers had to be typed in by hand at the processing center. The introduction of character recognition software means that technique is no longer usable.
- jrjr 12y agothey always did have a magnetic area under the 'united states of america' for bill readers.
- Guvante 12y agoNo one has found a way to make convincing one dollar bills for less than a dollar. Heck washing dollar bills is a way to get base paper for higher denominations. (one of the incentives for moving away from consistently colored currency)