Making illegal, legal made impossible Counterfeit Detectors.

Published: 13th April 2011
Views: N/A

To know the work or the real function and role of counterfeit pens, one must first know why it was invented in the first place.





Everyone wants to earn money quickly in order to bring their desires to a standstill which is anyway impossible and in this hassle; there are many crimes that come up in the procedure of "getting rich quick". One of the major and the most complex crimes is Counterfeit Money.





Counterfeit money is currency that is produced without the legal sanction of the state or government to resemble some official form of currency closely enough that it may be confused for genuine currency. Producing or using counterfeit money is a form of fraud. Counterfeiting is probably as old as money itself. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. A form of counterfeiting is the production of documents by legitimate printers in response to fraudulent instructions.





Some of the ill-effects that counterfeit money has on society are that there was reduction in the value of real money, Increase in prices, that is inflation, due to more money getting circulated in the economy - an unauthorized artificial increase in the money supply, Decrease in the acceptability (satisfactoriness) of money - payees may demand electronic transfers of real money or payment in another currency (or even payment in a precious metal such as gold), Companies are not reimbursed for counterfeits. This forces them to increase prices of commodities. At the same time, in countries where paper money is a small fraction of the total money in circulation, the macroeconomic effects of counterfeiting of currency may not be significant. The microeconomic effects, such as confidence in currency, however, may be large.





Coming to the most beneficial invention in the regards of counterfeit money, traditionally, anti-counterfeiting measures involved including fine detail with raised intaglio printing on bills which would allow non-experts to easily spot forgeries. Since this technique removes a smaller amount, it is primarily used on the most valuable coins, such as gold. In early paper money in Colonial North America, one creative means of deterring counterfeiters was to print the impression of a leaf in the bill. Since the patterns found in a leaf were unique and complex, they were nearly impossible to reproduce. In the late twentieth century advances in computer and photocopy technology made it possible for people without sophisticated training to copy currency easily. One of the famous counterfeit detecting products is counterfeit detecting pens. Counterfeit detecting pens contain an iodine-based ink. They can be used to detect counterfeit Swiss franc, euro and United States banknotes amongst others. Typically, genuine banknotes are printed on paper based on cotton fibers, and do not contain the starches that react with iodine. When the pen is used to mark genuine bills, the mark is yellowish or clear. Counterfeit pens are most effective against notes printed on standard printer or photocopier paper.





Counterfeit detectors are great saviours in regards with currency illegalities and since everyone cannot detect fake currencies, these detectors should be carried by every individual.





You can use Counterfeit money pen for Counterfit currency detection.

Report this article Ask About This Article


Loading...
More to Explore