Posts Tagged ‘denomination’

Enter A Dollar Bill

Tuesday, November 4th, 2008

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In order for a user to begin tracking down their US paper currency on the TrackDollarBills website they musttrackdollarbills first access the ‘Enter A Dollar Bill,’ page. Of course, this can only be done after they’ve registered as a member and have logged into the site. Once a member has entered all the information required, and upon hitting the ‘submit’ button, they will then be able to view all of the reports, graphs, and statistics generated for that particular dollar bill in question.

The information that a user is required to enter in order to properly track their dollar bills are the bill’s denomination, the bill’s series, it’s serial number, the user’s current zip or postal code, the current country of residence, where was the bill obtained or received from, what is the current condition of the note, and any comments or findings that a user may want to note down on that particular bill.

The denomination of the dollar bill one wishes to track is the first entry which is required. This should essentially be $1, $2, $5, $10, $20, $50, and $100, accordingly. Making sure that the right amount is entered is vital in ensuring an accurate reading.

The next piece of information needed is the bill’s series or the year that the bill is printed. Examples of bill series’ are 2006, 2003A, 2003, 2001, 1999, 1995, 1993, 1988A, 1985, 1981, 1981A, 1977, 1977A, 1969, 1969A, 1969B, 1969C, 1969D, 1963, 1963A, and 1963B. Along with this, the bill’s serial number is also required. The serial number on a dollar bill is notably the most crucial information on the list of questionnaires so users should be very careful about entering this information correctly. Serial numbers are usually alphanumeric and 10 to 11 digits long.

Next, a user will be required to enter his or her current zip or postal code, as well as country. After this information is entered, users will be asked for the location in which they received the bills they wish to track, as well as the current condition of that particular bill. The site recommends that a rating system of brand new, very good condition, decent condition, or poor condition, be used for general standardization.

Last but not least, users can leave any comments that will help with the identification process of the dollar bill, like a tear or a unique marking, or even anecdotes to make the story of the journey of the bill more interesting and colorful. These comments will be visible to other members so users are reminded to bear that in mind when commenting on their dollar bills, and they are encouraged to be as creative as they can with these remarks as well. Note that the site is against its users defacing the dollar bills they wish to track, which means vandalizing the dollar bill to the point where the note is no longer intelligible or even spent, as this is deemed illegal by the US Government. The site also advises its users to refrain from personally marking or writing on their dollar bills.

How to Detect Counterfeit Dollar Bills

Sunday, September 7th, 2008

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counterfeit dollar bill

Did you know that less that 1/100 of 1% of dollar bills in circulation today are counterfeit, which is a very small percentage given its incentives and the technological advances readily accessible today. This is probably because of the recently enhanced security features of the dollar bill and the stiffer criminal penalties associated to counterfeiting, which discourages counterfeiters from venturing into US currencies.

Nevertheless, given the amount of dollar bills that is in current circulation internationally, the chances of you stumbling across a note or two are pretty good, most times without us even realizing it. Mind you, finding yourself in possession of one, knowingly, is a federal offence. Having that said, prepared below are just some of the basic easy to follow steps of detecting counterfeit dollar bills:

1. People who fairly handle money quit a bit will be able to identify a fake dollar bill right away simply by touching it. Even if you don’t handle money that often, you would have felt enough genuine money to be able to tell a real one from a fake, just by paying close attention. The surface of a genuine dollar bill is slightly raised, which makes it somewhat three dimensional, an effect produced during the intaglio process. Most fake dollar bills have flat surfaces.

2. Check the printing quality of the dollar bill. Genuine dollar bills are printed using a procedure that negates digital printing and it’s so easy to spot, although this replication process may be achievable by the more experiences counterfeiters. Look out for blurry spots, smears, fine details which may appear dull, designs, portraits, and features, which are distinctive especially to that particular denomination in question. You can easily do this by comparing two notes of the same value together.

3. All dollar bills have little red and blue fibers which are embedded within the note. Counterfeit notes will have the detail printed on instead, that’s how you tell.

4. One of the most famous ways of detecting counterfeit money is by holding it up to the light and looking out for the watermark. The watermark on genuine dollar bills must match the print. Another feature to look out for, especially for the $5, $10, $20, $50 or $100 bills, is the security thread, which is a plastic strip embedded and runs, vertically, from top to the bottom of the dollar bill.

5. Take note of the serial number and make sure they match. The serial numbers should be spread out evenly in space and are perfectly aligned. Another easy way to spot counterfeit is by making sure that serial numbers don’t match. Serial numbers are distinct on each dollar bill.

6. The newer denominations of $10, $20, $50, and $100 bills have the color-shifting ink feature. The ink will appear to change in color when tilted to a certain angle, a feature which is difficult to replicate by counterfeiters.

7. Last but not least, hold your dollar bill under a black light to see if the security strip glows. The $5 bill will have a blue glow, the $10 orange, the $20 green, the $50 yellow, and the $100 bill red.
Hope the information above helps you identify counterfeit dollar bills better. If you have any other ideas or tips, please feel free to post your comments below.

Fascinating Money Facts

Sunday, September 7th, 2008

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money factsWhile cruising around the Internet the other day I found these little tidbits of information about money. Thought I’d share them with all of you.

Did you know that money in the larger denominations such as the $50.00 and $100.00 dollar bills can last up to 8 years while the average life of a $1.00 bill is 18 months? Why is that I wonder? Any ideas?

Now this is interesting. 97% of all paper money has traces of cocaine in it. Hmmm wonder if the government wants us all high so we won’t pay attention to what they’re doing. And if our money has cocaine in it, where is the government getting their drugs from? I thought drugs were illegal? While I’m sure the cocaine is probably a natural ingredient in the materials used to make the money, it still makes you wonder. Am I the only one who thinks about this stuff?

Here’s some more fodder for conspiracy theorists. On the clock tower of Independence Hall that is printed on the $100.00 bill the time is set at 4:10. According to the Bureau of Engraving and Printing, there are no records explaining why that particular time was chosen. Does anyone know the significance of 4:10? I don’t, but would very curious to hear your theories.

We American’s must really love our one dollar bills because almost half of all money printed in the United States is a one dollar bill.

Martha Washington is the only woman to ever appear on a U.S. currency note. Her face graced the one dollar Silver Certificate of 1886 and 1891, and was on the back of the one dollar Silver Certificate issued in 1896. Now that would be a very unique piece of history to have if you can find one.

Now I know very few people actually have $10 billion dollars, but if you did and you spent $1.00 every second of every day it would take you 317 years to spend it.

The name “Greenback” often associated with the one dollar bill comes from Demand Note dollars created by Abraham Lincoln in the late 1800’s. He created these special notes to finance the Civil War. This money was printed in black and green on the back side of the bill. Hence the name Greenback.

Talk about sturdy! Did you know that you’d have to fold a bill of any denomination over 8,000 times forward and backwards before it would tear?

And for all the women out there: Statistics have shown that in 75% of American homes it’s the women who manage the money and pay the bills.

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