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One hundred dollar bills
https://forum.costaricaticas.com/viewtopic.php?f=1&t=29288		 Page 1 of 1
Author:  DBCocker [ Tue Jun 23, 2009 10:43 am ]
Post subject:  One hundred dollar bills
I seem to remember a post about $100.00 bills with serial # starting with letters CB not being accepted in CR. Anyone have info on this.
thanks DBCocker
Author:  Dean [ Tue Jun 23, 2009 1:58 pm ]
Post subject: 
I deal with money everyday in my restaurants. I use this link to train employees.

http://www.wisebread.com/how-to-spot-counterfeit-money

The security thread is the best way to tell. Recently, they have been washing ink off of the $5 bill and painting $20, $50 or $100 bills over the federal paper. The pens that are used to detect fake paper will not work in this case. Hence, security stripes. Also, the new $5 bill has the stripe relocated and the watermark has changed to a numeric "5". Two shifting color ink is a great feature.
Author:  Irish Drifter [ Tue Jun 23, 2009 2:38 pm ]
Post subject:  Re: One hundred dollar bills
DBCocker wrote:
I seem to remember a post about $100.00 bills with serial # starting with letters CB not being accepted in CR. Anyone have info on this.
thanks DBCocker


The counterfeit hundreds with the CB serial identifier was a problem 2 or 3 years ago. Banks will now accept hundred without much hassle other then the usual they must be in almost perfect condition. Merchants however are reluctant and many will not accept a bill larger then $20.00.
Author:  JazzboCR [ Tue Jun 23, 2009 4:45 pm ]
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Interesting Website linked by Brother Dean. In the comments section is a note on when, how and in what form you can accept or reject forms of payment. Good job.
Author:  DiegoC [ Tue Jun 23, 2009 11:08 pm ]
Post subject: 
The facts will probably never fully bubble to the surface. But the counterfeit $100 bills beginning with the serial CB, started making their way into circulation as far back as 1989. The most likely source was North Korea. The bills were originally disseminated in Russia and throughout the old soviet countries, parts of Africa, and northern South America.

They continued to be dumped into third world economies but in 2004 distribution was detected in the Republic of China or Taiwan, not communist mainland China. When the Central Bank of Taiwan put out an advisory on the possible counterfeit notes, there was a “run on the dollar”.

There were rumors in 2005 and 2006 that the same plates which made the notes in North Korea were transferred to nefarious people in northern South America who began to produce and dump large quantities of these bills into the economies of Peru, Bolivia, Columbia and Venezuela. The US has many enemies in those areas who would love to weaken the dollar by playing with the money supply – specifically reducing confidence in the dollar by making people worry about accepting US currency.
Author:  Shawn4DelRey [ Wed Jun 24, 2009 8:48 pm ]
Post subject: 
Quote:
There were rumors in 2005 and 2006 that the same plates which made the notes in North Korea were transferred to nefarious people in northern South America who began to produce and dump large quantities of these bills into the economies of Peru, Bolivia, Columbia and Venezuela. The US has many enemies in those areas who would love to weaken the dollar by playing with the money supply – specifically reducing confidence in the dollar by making people worry about accepting US currency.
I believe this was the batch that came from Pakistan and turned up in Peru.
Author:  El Viejo [ Wed Jun 24, 2009 9:13 pm ]
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I was in CR this week and had hundreds but none in the CB category. All bills were accepted after some scrutiny. Arrived home tonight. too bad, CR is better.
Author:  Duessel6969 [ Wed Jun 24, 2009 10:35 pm ]
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Those Dollar bills with 'CB' were not accepted by banks in Germany and Switzerland last Year. There is truth in these rumors - better get bills without the CB ids.
Duessel
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