softail 1,820 Posted December 29, 2020 Share Posted December 29, 2020 According to Moneymax, here is how you can spot counterfeit money: Pay Attention to the Color and Serial Number- fake ones would either be lighter or brighter in color. Check the Texture- counterfeiters would not be able to replicate the real bill’s subtly rough texture so fake peso bills will come out smoother. Look for Raised Text and Images- the text and numerical value at the bottom should be raised as well as they are embossed. Try Damaging the Bill- Rub some water on the paper bill. If the color smudges and the bill starts tearing, it could be a sign that it is fake money. Check for the Watermark- try putting the white space of the peso bill against a light source, and check for the watermark. If there is, check if it matches the image on the right side. Check Security Thread- PHP 20 and PHP 50 bills have a 2mm wide thread, while PHP 100, PHP 200, PHP 500, and PHP 1000 bills have 4mm. Mind the Hologram- On the front left of the PHP 500 and PHP 1000 bills, check if there is a circular hologram patch on the front left. Make sure it changes colors when you tilt it. Look at the Serial Number- Check the serial number–the characters in print should be ascending in size. Consider the Changes in Design- BSP has updated the design of the current Philippine bills we have in circulation, also known as New Generation Currency (NGC) Banknotes. https://philippineslifestyle.com/3-arrested-for-making-counterfeit-money/ 2 Link to post Share on other sites
liquido 1,565 Posted December 29, 2020 Share Posted December 29, 2020 They got me for a 1000p when I was a newbie in the country along time back.A well dressed guy approached me while I was eating for change to pay his bill,being a softy I obliged..He asked me for change for another 1000p note since he saw what I had and for some reason I told him I needed it for myself.I realized a short time later after he left I had been had....I learned.. 1 Link to post Share on other sites
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