How to detect fake peso bills and coins

Written by RPCRD on . Posted in Crime Prevention Tips

Courtesy of Philippine Daily Inquirer

To enable a cash handler to spot counterfeit money, one has to be familiar with the genuine bank notes of the Bangko Sentral ng Pilipinas.

Study the workmanship of each denomination of genuine Bangko Sentral bank notes. One must take note and familiarize himself or herself with the various characteristics of the following security features:

A. PAPER—The genuine note is printed on a special paper, which is rough when one runs his or her fingers through it. It does not glow under ultraviolet light. During the manufacturing process of the paper, the watermark, security fibers, security threads and iridescent band are incorporated.
Watermark—This is the silhouette of the portrait appearing on the face of the note. Sharp details of the light-and-shadow effect can be seen when the note is viewed against the light. The contours of the features of the silhouette can be felt only by running the fingers over the design on relatively new notes.
Security fibers—These are embedded red and blue visible fibers scattered at random on both surfaces and can be readily picked off by using any pointed instrument.
Embedded security thread—This is a special thread implanted vertically off center of the note during the paper’s manufacture. It appears as broken line for 5s, 10s, and 20s and a continuous line for 50s, 100s, 200s, 500s and 100s.
Windowed security thread—The narrow thread is vertically located like “stitches” on the face of the note with “clear text” of the numerical value in repeated sequence. It changes in color from magenta to green or green to magenta depending on the angle of view. It appears on the improved version of 100-, 500- and 1,000-peso and the new 200-peso notes.
Iridescent band—The band is a wide glistening gold vertical stripe with the numerical value printed in series. This appears on the improved version of 100-, 500- and 1,000-peso and the new 200-peso notes.

B. PRINTING—Generally, the impression of the different printed features are well-defined, sharp and distinct. The fingers can readily feel the main prints on the front and back designs of relatively new notes because of the measurable thickness of ink deposited on the paper.
Portrait—Appears life-like. The eyes sparkle. Shadings are formed by fine lines that give the portrait a characteristic facial expression, which is extremely difficult to copy.
Serial number—Composed of one or two prefix letters and six to seven digits, which are clearly printed. The letters and numerals are uniform in size and thickness, evenly spaced and well-aligned. They glow under ultraviolet light. A bank note with six “0”-digit serial number is a specimen note and has no value as it is not legal tender.
Background and lacework design— The background design is made up of multicolored and well-defined lines. The lacework design is composed of fine, web-like criss-crossing lines, which are continuous and traceable even at the intersection.
Vignette—The design on the back of the note is composed of lines and dashes that are fine, distinct and sharp. The varying color tone gives a vivid look to the picture that makes it stand out.

Concealed value—Found only in the 500-peso denomination. This is located in the lower left corner of the face of the 500-peso note and is recognizable when the note is held at eye level.
Optically variable ink—A special characteristic of the 1,000-peso denomination, which is also located in the lower left corner of the face of the note. It changes color from green to blue or blue to green when the note is held at different angles.
These security features are easily recognizable by sight and touch alone. Instruments are not necessary. Make it a habit to feel and look at all notes being received so that the fingers and the eyes will become familiar with the features of the genuine Bangko Sentral notes.
Compare the doubtful note with the known genuine one of the same denomination and series.
In case, one gets hold of a doubtful or counterfeit note or coin, contact the Cash Department of the Bangko Sentral Ng Pilipinas for assistance at:

Currency Analysis and Redemption Sub-Group
Room 202, Second Floor, Multi-Storey Building, BSP Complex, Malate, Manila
Telephone Nos.: 524-2777 or 524-7011 local 2296

Investigation Sub-Group
Room 302, Multi-Storey Building, BSP Complex, Malate, Manila
Telephone Nos.: 523-9806 or 524-7011 local 2388

or go to the nearest Bangko Sentral Regional Office/Sub-Regional Office Unit in Angeles City, Bacolod, Batac-Ilocos Norte, Cabanatuan, Cagayan de Oro City, Cebu City, Cotabato City, Dagupan, Davao City, Dumaguete, Iloilo City, Kalibo-Aklan, Legazpi City, Lucena, Naga City, San Fernando-La Union, Tacloban, Tuguegarao-Cagayan and Zamboanga City.

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