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Counterfeit bank notes is currency produced outside of the legal sanction of a state or government, usually in a deliberate attempt to imitate that currency and so as to deceive its recipient. Producing or using counterfeit bank notes is a form of fraud or forgery, and is illegal in all jurisdictions of the world. The business of counterfeiting money is nearly as old as money itself: plated copies (known as Fourrées) have been found of Lydian coins, which are thought to be among the first Western coins. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. Another form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions.[clarification needed] During World War II, the Nazis forged British pounds and American dollars. Today, some of the finest counterfeit banknotes are called Superdollars because of their high quality and imitation of the real US dollar. There has been significant counterfeiting of Euro banknotes and coins since the launch of the currency in 2002, but considerably less than that of the US dollar.
Some of the ill-effects that counterfeit money has on society include a reduction in the value of real money; an increase in prices (inflation) as a result of an increase in money being circulated in the economy—an unauthorized artificial increase in the money supply; a decrease in the acceptability of paper money; and losses, when traders are not reimbursed for counterfeit money detected by banks, even if it is confiscated. Traditionally, anti-counterfeiting measures involved including fine detail with raised intaglio printing on bills which allows non-experts to easily spot forgeries. On coins, milled or reeded (marked with parallel grooves) edges are used to show that none of the valuable metal has been scraped off.
History
Counterfeiting is sufficiently prevalent throughout history that it has been called “the world’s second–oldest profession“. Coinage of money began in the region of Lydia around 600 B.C. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. A common practice was to “shave” the edges of a coin. This is known as “clipping“. Precious metals collected in this way could be used to produce counterfeit coinage. A fourrée is an ancient type of counterfeit coin, in which a base metal core has been plated with a precious metal to resemble its solid metal counterpart. Read More
What We Do
Herry Bank Note is a one-stop-destination for all kinds of documents. We are a certified and licensed document producer. Taking a serious note of the unmet demands for genuine and reliable documents of all types, we started our business 10 years ago. Today, we are proud to announce that we have become the choice of millions. What started 10 years ago has now become a reputable and reliable company in the arena of documentation. All credit goes to our technicians, high-tech printing machines, experts, unique software, and superb delivery team. Our highly qualified quality team closely checks each and every corner of the documents.