Monday, May 30, 2011

Money 101: Security Features

I remember my Kuya Stew ( my half- british cousin and who lives in UK) telling me that he gets confused with the Philippine Notes a.k.a. bills because it comes in many denominations.

Philippine Notes

They said that you will know if a country is rich by finding out how much is their biggest note. USA has $100 as the highest value, while our country even released a Php10,000.00 at one time (which I never really confirmed if it was real, but the highest that we have is Php1,000.00).

I had a good "How-to-tell-if-your-money-is fake" lesson with a friend who used to be trainer of one of the country's leading business establishments.

As much as I would like to divulge specifically the lesson, I'll just enumerate the things that I learned about our money today They are called Security Features.

The Security Features of our bills are:

  • There is a certain bill that when you fold it and make both ends meet, it'll form a shape. (continuity is consistent)
  • There is a secret or rather a super micro print at the back and in front of some bills that'll tell you if it's genuine. You will need to take out a magnifying glass in order to tell. 
  • Some bills have what they call a "concealed value".
  • Those strips that we see inside the paper are part of the security features.
  • You will know if the money is genuine if the hair of the person featured in the bill seems real.
  • A certain note has a "Braille" on the surface of the paper.

I cannot disclose which is which because we wouldn't want to give hints to fake money makers on how they can make a fake money look real.

I wonder what kind of new safety and security features that our new Philippine Notes have?




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