Re: [TML] Currency
Phil Pugliese
(12 Jul 2016 19:03 UTC)
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Re: [TML] Currency
Bruce Johnson
(12 Jul 2016 19:37 UTC)
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Re: [TML] Currency
Michael Houghton
(12 Jul 2016 21:17 UTC)
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Re: [TML] Currency
Peter Vernon
(12 Jul 2016 21:27 UTC)
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Re: [TML] Currency
David Shaw
(12 Jul 2016 20:52 UTC)
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Re: [TML] Currency
Abu Dhabi
(12 Jul 2016 20:56 UTC)
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Re: [TML] Currency
Bruce Johnson
(12 Jul 2016 21:45 UTC)
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Re: [TML] Currency Tim (13 Jul 2016 01:32 UTC)
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Re: [TML] Currency Tim 13 Jul 2016 01:32 UTC
On Tue, Jul 12, 2016 at 09:52:26PM +0100, David Shaw wrote: > OK, but how many of them are good enough to fool a US citizen? They might > fool me because, as a UK citizen who has never visited the USA, I have > never seen a real $100 bill except in quick flashes on the TV but would > they be accepted in a US store? My expectation would be that a lot of them would be accepted in many stores, but not in the banks to which they regularly deliver their takings. If there's just one or two every now and then, they're likely to be just written off and reported in the regular statistics. If there's an increase in the rate, then things start happening. Law enforcement gets notified, it probably gets into the news one way or another, probably including specific flaws to watch for in the notes. For extremely good counterfeits, they may only be detected by collisions with the serial numbers of real notes, and that's likely to trigger a much larger response. In reality, counterfeits are not that good, because real notes are already expensive to make even with the economies of scale of a national mint. The counterfeiter has the additional expense of having to match someone else's manufacturing quirks. E.g. all notes with serial numbers starting with Q5 might have had the front and back plates misaligned by 0.02-0.04 degrees clockwise and offset by 0.08-0.12 mm in a particular range of directions -- well within the specified tolerances, but easily recognizable if you know what to look for and near impossible to arrange deliberately. I don't know if these techniques are used in real currency, but it seems likely. The mints know what they produce, and variations can definitely be detected. Even up to Traveller technology and a fair way beyond, it seems likely that manufacturing tolerances will lag behind sensor technology. Unavoidable variations in the production process can be detected and serve as "fingerprints" for batches of notes, or even for individual notes. If a bunch more notes than usual arrive in banks not matching their registered fingerprints, then it's likely that many of them are fakes. This gap probably only ends with manufacturing processes where every atom can be placed in exactly the desired configuration -- and cheaply. Traveller is nowhere near that level, so it seems likely that counterfeit notes will always be at least statistically detectable. - Tim