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It happened to an allegedly forged coin of mine, it pissed me off. I understand that we shouldn't be circulating fake money, but why doesn't the national bank accept it in exchange of a fair amount? And does more to catch the forgers?

2006-09-21 08:18:14 · 8 answers · asked by jarynth5 1 in Business & Finance Personal Finance

No, mine was worse, the coin was worth 4$. I live in Europe.

2006-09-21 08:29:01 · update #1

8 answers

I also know for a fact that those pens they use, if they leave the cap of them for to long or if they are getting to old will mark a bill as fake. The need to come up with a fool-proof method that will work for everyone. And if the money is seized by a cashier, and you assume that it is real currency, i would ask for the store manager or what ever they are called these days to come and deal with the issue, and that you are not parting with your money with out proof that it is not legal tender. Because if they can not accept it as legal tender than the only ones to legally confinscate the item would be a government entity

2006-09-21 14:59:42 · answer #1 · answered by Anonymous · 0 0

There's no way to tell if a coin has been forged the only thing that the detection pen that people have been telling you about can be only used on paper notes (money) and no the bank will not accept it and exchange it for a real one you would have to send the money to the US Treasury Department. And it's hard to catch forgers it would cost the bank more money then it cost to operate. But what you can do is get a petition and ask the bank to use the detection pens on the paper money.

2006-09-21 23:47:22 · answer #2 · answered by Kaley 2 · 0 0

What should happen is the teller must confiscate the money in question and take down your name, address and phone number. They then must report it to the secrect service if in the U.S. and turn over the money. If the money is verified as authentic, you will get it back. If not, you are out the money. It sucks, but the only way to protect yourself is to watch what money you accept, EVEN FROM BANK TELLERS!!! Those pens that people use to mark bills don't always work. I've seen them mark good on a bad bill and bad on a good bill. Use water marks and the feel of the paper to identify bills.

2006-09-21 09:35:02 · answer #3 · answered by Laura M 2 · 0 0

Never happened to me; but I have refused to take a $20 when I worked as a cashier because the forgery detection pen registered it as fake.

2006-09-21 08:20:11 · answer #4 · answered by rita_alabama 6 · 0 0

It has never happened to me but I must tell you about what I do when I pay for something with a twenty and the cashier either puts it through an ultra-violet machine or holds it up to the light. When I get my change, if it includes a note, I then, as loud as I can for all around to hear, ask her 'to put that one through the machine as well', then when she gives it to me, I move all around holding the note up to the light.................... it drives them mad..

2006-09-21 08:33:49 · answer #5 · answered by thomasrobinsonantonio 7 · 0 0

yeh but mine was worse! they got me for a $2 bill.

LMFAO! and it was a banker.

slaps forehead on that one.. i mean a banker come on don't they know what is legal tender?

NO!


i mean come on!

doesn't surprise me.. if we got politicians who think the internet is a series of tubes that get clogged and then they want to put legislation on it.....

no wonder we got problems.

(oh by the way $2 bills exist, they're legal tender.. SHEESH)

2006-09-21 08:26:47 · answer #6 · answered by Anonymous · 0 0

yes it happened to me,20 bucks I was pissed too,had just got it from the bank,went to store and they confiscated it.

2006-09-21 08:29:23 · answer #7 · answered by sassy brat 3 · 0 0

IT HAS NEVER HAPPENED TO ME, AND I HOPE IT NEVER DOES.

2006-09-21 08:19:46 · answer #8 · answered by tinkerbell 6 · 0 0

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