Money counters (with counterfeit detection)

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pit15

Well-Known Member
#1
#1
Slightly off topic here but is a pretty serious issue for anyone who regularly deals with large amounts of cash..

Do any of you have money counters similar to the ones the banks use (most likely one of lower quality since you don't need to count tens of thousands of bills a day)? They also detect if money is counterfeit

I actually got a UV pen light but it doesn't seem to be too effective. First off it doesn't work for $100s because it's either the wrong wavelength or too weak, and I don't think it's 100% effective because it doesn't illuminate the strip on one of my 20s (it's one of the latest series) and everything else on that 20 checks out. If it actually was bogus whoever made it has the technology and expertise behind it where they would make the UV strip glow properly.

I figure a couple hundred bucks or so on something like this wouldn't be a bad investment on the off chance I actually get a fake bill off a casino
 
I

itrack

Well-Known Member
#2
#2
I don't actually have one of these, but I found some on ebay the other day that looked like a really good deal. They had all of the features of one that you would find in a bank but it was only 125 bux instead of 400+.

I decided to just buy a "counting" machine because I didn't figure that the counterfeit detection was a huge deal for me. Plus the fact that it is way smaller and I could take it with me travelling, and for 50 bucks it's good enough for me.
 
zengrifter

zengrifter

Banned
#5
#5
pit15 said:
I figure a couple hundred bucks or so on something like this wouldn't be a bad investment on the off chance I actually get a fake bill off a casino
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What would you do with it?? Better not to know.
Once you know, its a crime to buy in with it. zg
 
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getwellboss

Member
#6
#6
zengrifter said:
What would you do with it?? Better not to know.
Once you know, its a crime to buy in with it. zg
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True. But wouldn't they have to prove you didn't know?(Not debating moral thoughts here...just legality). Also I'm assuming it's just one or two that you got on accident, not a stack of them that you "came across" :grin:.
 
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pit15

Well-Known Member
#7
#7
zengrifter said:
What would you do with it?? Better not to know.
Once you know, its a crime to buy in with it. zg
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Buy in at the same casino I got it from. I don't know 100% for sure if it's real or not, those machines aren't 100% accurate, but if the casino gave it to me then it should be good to them. I don't know for sure the bill is fake, all I know is it made my machine show a red light. It's the same thing I do now with bills that look or feel a little funny (due to being dirty, one looked like it was a little bit scorched or something, or possibly being put through a wash or something). They're probably real but why take that chance?

And I'd only check bills prior to making a deposit at my bank, and I only deposit stacks of 5 (so I know which casino it came from because it says it on the band around it). If I'm not depositing it then I don't care, but if I deposit a bill and it turns out to be bogus then I'm screwed. The odds of getting a counterfeit bill in this way is very very low, since those banded stacks of 5 have been checked by a casino counterfeit detecting/counting machine. But again, why take that chance?
 
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pit15

Well-Known Member
#10
#10
Cardcounter said:
Watching american greed and a counterfeiter beat the counterfeit detection pen with hair spray. So they are not totally effective.
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Well the fact that the paper that newspaper is printed on doesn't trigger the ink to turn black is enough evidence that the pens are worthless.

If paper as cheap as newspaper doesnt get detected as "not real money paper" then any paper that would actually fail this test would probably feel fake the moment someone (competent) who regularly handles money touches it.

The pen is designed to tell if someone printed the bill on their inkjet printer (or color laser) at home. It will basically stop only the most amateur of counterfeiters. But it does serve some purpose since there's actually been stories of store clerks getting duped by a bogus $200 bill or some denomination that doesn't actually exist.
 
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BJgenius007

Well-Known Member
#11
#11
pit15 said:
Well the fact that the paper that newspaper is printed on doesn't trigger the ink to turn black is enough evidence that the pens are worthless.

If paper as cheap as newspaper doesnt get detected as "not real money paper" then any paper that would actually fail this test would probably feel fake the moment someone (competent) who regularly handles money touches it.

The pen is designed to tell if someone printed the bill on their inkjet printer (or color laser) at home. It will basically stop only the most amateur of counterfeiters. But it does serve some purpose since there's actually been stories of store clerks getting duped by a bogus $200 bill or some denomination that doesn't actually exist.
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I remember the news that some guy got arrested by FBI because he was selling manual "how to print money using inkjet printer" on EBay. But it was long ago when inkjet printer was expensive and an investment that average computer users don't have.

And I had only seen once that someone tried to use the fake money printed from the inkjet printer. It was at Wendy's and it is so funny. The manager shook the money in the air so everybody could see and said, "Are you serious to think this is real money?"
 
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LV Bear

LV Bear

Administrator
#12
#12
Home and road machines

Do any of you have money counters similar to the ones the banks use (most likely one of lower quality since you don't need to count tens of thousands of bills a day)? They also detect if money is counterfeit

I use a money counting machine in my home office and a portable one on the road. After having used them for about a year now, I don't know how I lived without them. They are terrific time savers and efficiency "increasers." I usually count and strap cash at the end of a long day, often when exhausted. Fatigue leads to counting errors, which might cause hassles down the road when a strap is over or short a bill or two.

I highly recommend the two products and vendors below. The home machine is identical in counting function and speed to the top name brand, Cummins (used by most banks and casinos), but costs about six hundred dollars less. For maximum efficiency, turn off the counterfeit detection systems. The road machine is lightweight and easily fits into a suitcase or travel bag.

For home office:

(Dead link: http://www.favotech.com/p-41-perfectcount-pc-6500-bill-bank-cash-counter-machine.aspx)

For the road:

http://www.count-money.com/v30.html
 
aslan

aslan

Well-Known Member
#13
#13
BJgenius007 said:
I remember the news that some guy got arrested by FBI because he was selling manual "how to print money using inkjet printer" on EBay. But it was long ago when inkjet printer was expensive and an investment that average computer users don't have.

And I had only seen once that someone tried to use the fake money printed from the inkjet printer. It was at Wendy's and it is so funny. The manager shook the money in the air so everybody could see and said, "Are you serious to think this is real money?"
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I know a guy who was arrested for counterfeiting and served just a short time. The story is that because he cooperated by telling FBI everything about how he did it, they were very lenient-- a few short years. But they did say that if any bills like his were detected in circulation again, they would be immediately on his case.

The interesting story, which I cannot corroborate, is that he tested his bills with every counterfeit detector used by the banks, and the only bill that came up questionable turned out to be a legitimate bill. This blew my mind. I thought they could at least always detect the wrong paper (or maybe he somehow got close to the right paper?). I have no idea how he made the bills, I presume some kind of copy machine plus hand work to create new numbers. I heard it took an hour to create four $100 bills.

Bottom line, I am very wary of $100 bills anymore. Another friend who gambles big, gets all his gambling money in $20 bills, which is quite cumbersome when you draw out $10,000 from the bank. He's a millionaire businessman, so I presume he knows something firsthand about the danger of $100 bills. Just a guess, but I would not be surprised if the danger in much higher around casinos where the $100 bill is the usual fare than it is around ordinary stores.
 
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pit15

Well-Known Member
#14
#14
Well the old style 100s were a lot easier to counterfeit.

Getting the paper was easy.. it costs $1 to get perfect paper for money. Even the security threads were easy enough to get.. All you had to do was take one out of a real $100 bill

The new 100s are a hell of a lot harder to counterfeit. They're a lot more complex and the color shifting ink is something that requires advanced technology to replicate
 
blackjack avenger

blackjack avenger

Well-Known Member
#15
#15
From Hence Though Returns

I would think most of the $100s we get are from a casino or bank, so they probably went through some screening. So giving them back should not be to much a threat. I try to get as much $ in 20s as possible. If I go to buy in with $100 and they check it out to much, my next buy in's will be with 20s to try to avoid getting caught with counterfeit.

:joker::whip:
good bills
 
zengrifter

zengrifter

Banned
#16
#16
aslan said:
I thought they could at least always detect the wrong paper (or maybe he somehow got close to the right paper?). I have no idea how he made the bills, I presume some kind of copy machine plus hand work to create new numbers. I heard it took an hour to create four $100 bills.
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First he used a solvent to remove the ink from $5 bills, then he re-printed $100 to them from Photoshop. Then he sprayed the Scotch Guard. zg
 
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MangoJ

Well-Known Member
#17
#17
zengrifter said:
First he used a solvent to remove the ink from $5 bills, then he re-printed $100 to them from Photoshop. Then he sprayed the Scotch Guard. zg
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Who in their right mind designs bill where higher denominations don't have higher sizes in the first place ?
 
T

tthree

Banned
#20
#20
blackjack avenger said:
I would think most of the $100s we get are from a casino or bank, so they probably went through some screening. So giving them back should not be to much a threat. I try to get as much $ in 20s as possible. If I go to buy in with $100 and they check it out to much, my next buy in's will be with 20s to try to avoid getting caught with counterfeit.

:joker::whip:
good bills
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I was on a trip to vegas about 15 years ago. I dropped a stack of hundreds on the craps table. They fanned them on the table and one had a huge flaw. I could tell it was fake form ten feet away! I can't remember whether it was one or three fakes but I have been to the Bureau of Printing and Engraving and seen the screening process for all bills that have been printed. They would have flagged this bill on the first screening. The most obvious was printed with a break in the print on one side and the 2 parts on either side of the break didn't even line up right. I held my breath and the 3 pit people standing over the bills to OK the drop said nothing. I got my chips and was breathed a silent sigh of relief. I had either received the bill from their cage (90% chance) or one other casino's cage (10% chance) so it was probably theirs anyway. Ever since then I have carefully checked my big bills when cashing chips. I am not an expert but I haven't detected any funny money since then.
 
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