Show know your money and you 11 ll not be losing it to counterfeited counterfeiters Counter feite ers r sl S says a y s chief of the united states seret secret servie service FEDERAL RESERVE TYPE OF N 0 rf SE RIAL TREA SURY SERL LETTER cnown herr NUMBER SEAL gum V E 0 IM R r S EE ft V M r 61 STATE so A M op 4 I 1 C A 0 0 0 0 0 0 0 A SEAL an A M SERIAL sa s1 I 1 arl FACE study the above diagram it shows you the position of important features of united states paper money it you get a suspected bill compare it with a genuine gennine bill and observe carefully the following features by ELMO SCOTT WATSON released by western newspaper union HEN your friends say to you well dont take any WHEN anize wooden nickels you laugh heartily for you recognize it as a good joke of course you take any wooden nickels but theres always a chance that do something worse take a paper bill that looks as though its worth 1 or 5 or 10 but its just as worthless as a wooden nickel because its it s a counterfeit in fact during a recent five year period americans were swindled to the tune of 1 a year by counterfeit ers and these crooks got by with it mainly because of the indifference and ignorance of their victims how about YOU do you ever do more than just glance casually at the paper bills that are handed you in making change especially when handed you by a stranger do you know whose portrait is on a one dollar bill or a five or a ten do you know what pictures are on the backs of those bills if you do you have made a good beginning towards protecting your pocketbook from the counterfeiter if you dont know the outstanding features of your money you have only yourself to blame if you become the victim of the counterfeiter and his vicious racket yes you say but how can I 1 learn earn about money I 1 know what it looks like but I 1 dont know what to look for well the united states secret s service ervice has undertaken to show you what to look for A trial educational cat ional campaign indicated that this loss was largely due to your lack of knowledge about money but the campaign also showed that enlightenment of the people would protect them therefore the campaign of education against crime was intensified under the slogan know your money for the calendar year of 1940 the public losses through acceptance of co counterfeit kerfeit notes were reduced to about the secret service believes this 90 per cent reduction is the dividend of its know your money campaign newspaper stories magazine articles and educational pamphlets carry the message into homes schools and the business world A 32 page illustrated booklet just ou off the press entitled know your money published by the secret service tells how to detect counterfeit notes and coins and how you may protect yourself against the forger of government checks the booklet may be obtained from the superintendent of documents government printing office washington D C for 10 cents the copy A sound motion picture also entitled know your money entirely made by the secret service and with lowell thomas as commentator is being shown in high schools in the 48 states and to business groups of persons or more there is no secret formula for detecting a counterfeit note says frank J wilson chief of the united states secret service years of experience have proven that the human eye is the best counterfeit detector in existence but it must be properly trained genuine paper money is printed on distinctive paper containing tiny red and blue silk threads the printing is done from steel en graved plates made by a corps of the most expert engravers in the world do you have a bill in your pocket or purse take it out now and look closely at the portrait of washington lincoln or another of the great americans shown on the various denominations you wallsee that the facial characteristics are shaded by small dots and dashes each of which is clear and distinct in the portrait back ground you will see tiny perfectly square spaces between horizontal and vertical lines which are also very clear around the border of the bill face and back are intricate white lines resembling a net these are known as the geometrical lathe work and each line is unbroken from beginning to end look at the colored treasury seal on the face of the bill around its outer edge are many sharp points which look like the teeth of a circular saw the counterfeiter has a hard time to imitate a bill and most counterfeits are crude but sometimes he makes one above the average whether a counterfeit is a good or poor reproduction you should be able to detect it by comparison with a note of the same denomination which is known to be genuine A comparison of this kind will readily disclose defects in the portrait the seal and the lathe work border and is definitely the best method of counterfeit detection if the suspected bill is 1 va W FRANK J WILSON counterfeit its portrait will be dull smudgy or scratchy in appearance pe arance the points on the counterfeit treasury seal will be uneven or blunt instead of sharp and regular the white net lines in the border will be broken in many places and generally the texture of the paper and the color of the ink will be quite different than the genuine it is often said that if the ink or color can be rubbed off a bill the bill is counterfeit nothing could be more wrong according to mr wilson the ink or color can be rubbed from both genuine and counterfeit notes and such a test proves nothing counterfeit coins are also a source of trouble genuine silver coins have a clear bell like ring counterfeits sound dull ring silver coins on hard surface and beware of those which sound like stone in extremely rare instances genuine silver coins may have an invisible crack or air bubble which would make them sound dull however these are so few that your chances of receiving one are very slight indeed the corrugated outer edge of silver coins is known as the reeding it it is this feature which should be closely examined on suspected coins likewise this reeding should be compared with that on a coin of the same denomination known to be genuine on most counterfeits the reeding is noticeably imperfect but on genuine coins the corrugations are regular and distinct in some cases of course the reeding is completely worn away on genuine coins which have circulated for a long time PORTRAIT on genuine bills the portrait is lifelike stands out from rom the oval background which is a fine screen of regular lines notice particularly the eyes on a counterfeit the portrait is dull smudgy or unnaturally white scratchy the background is dark with irregular and broken lines the portraits of 11 great americans appear on united states money it is important for your protection that you know on which bills these portraits appear regardless gard less of the type of bill all bills of the same denomination bear the same portrait as follows washington on all 1 bills jefferson on all S 2 bills lincoln on all S 5 bills hamilton on all 10 bills jackson on all S 20 bills grant on all S 50 bills franklin on all S bills mckinley on all bills cleveland on all 1000 bills madison on all bills chase on all bills 2 SEAL on the genuine bill the sawtooth points around the rim are identical and sharp on the counterfeit these points are usually different uneven broken off 3 SERIAL NUMBERS on the genuine bill they are distinctive in style firmly and evenly printed in the same color as the seal on the counterfeit the style is different poorly printed badly spaced uneven in appearance 4 PAPER genuine bills are printed on distinctive paper containing very small red and blue silk threads the following information about paper currency will also be helpful signatures the signature of the secretary of the treasury appears at the lower right side on the front of all united states paper money the signature of the treasurer of the united states appears on the lower left side TYPES OF CURRENCY our government now prints three types of currency or paper money federal reserve notes silver certificates and united states notes every note or bill is distinguished by words telling which type it is printed at the top of the bill on its face or front the type e of each bill is also shown by the color of its treasury seal and serial numbers the treasury seal and serial numbers are GREEN on federal reserve notes RED on united states notes and BLUE on silver certificates FEDERAL RESERVE NOTES federal reserve notes are placed in circulation by the federal le ie serve banks each bank placing its own notes in circulation through the banks located in its district there are 12 federal reserve districts each district has a number and a corresponding letter of the alphabet for its symbol SYMBOL DISTRICT cy city LETTER NUMBER boston A I 1 new york B 2 philadelphia C 3 cleveland D 4 richmond E 5 atlanta F 6 chicago G 7 st louis 11 II 8 minneapolis 1 I 9 kansas city J 10 dallas K 11 san francisco L 13 12 the letter all A in the regional bank seal on a federal reserve note shows that it was issued by the boston federal reserve bank in the first district the letter B in the regional bank seal and the figure 2 shows that a bill was issued from the federal reserve bank of new york and so on through the list of the 12 banks to san francisco whose symbol letter is 11 ll L and district number is 12 the regional bank seal and the district number on federal reserve notes are arc always BLACK |