"Counterfeited banknotes – check twice" Top 5 Page for this destination Italy Warnings Or Dangers Tip by Trekki

Italy Warnings and Dangers: 207 reviews and 135 photos

  50 ? banknote - reverse side
by Trekki
 
  • 50 ? banknote - reverse side - Italy
      50 ? banknote - reverse side
    by Trekki
  • 20 ? - reverse side - Italy
      20 ? - reverse side
    by Trekki
  • Colour change of the "50" - from pink to greenish - Italy
      Colour change of the "50" - from pink to greenish
    by Trekki
 

Since January 1st, 2002, the currency in many European country is the Euro, also in Italy. And since then the counterfeiters are active. European Central Bank, ECB, publishes statistics on a biannual base; the latest are the January 2011 statistics. They show that the most popular denomination is 50 €, followed by 20 € and 100 €. The discussion about safety of the Euro banknotes against counterfeiting is as old as the Euro itself, but as always it is a question of information and education. European Central Bank and the Euro country national banks do publish the security features in extended length even with videos. It does help a lot to carefully read these and remember the three words: feel – look – tilt. So it is impossible to counterfeit the banknotes 100%, because these features just cannot be copied to 100%. It is us (and the cashiers) who have this 100% in our hands and are frauded or not when we don’t know how to detect the genuine ones from the counterfeited ones. In my opinion, the best (and definitely not 100% counterfeitable) feature is the colour changing number on 50, 100, 200 and 500 Euro. It changes colour from pink to greenish and this change to greenish is not imitable even with the latest inventions counterfeiters have access to. Even if the ECB’s video of the colour change or my photos don’t show this properly on the monitor (it all depends on our monitor settings), it is pretty obvious on the banknote itself. In case a future counterfeiter stumbles upon this through google search – believe me, there is no way to imitate this, and by all means there will be always someone who properly identifies your fraud with modern and unique methods and is even able to trace you back to your shop :-). Ha!

Interpol gives advice on their website what you can do to check if you got a counterfeited banknote:
###If you are a member of the general public:
* look at the banknote carefully;
* compare it to other banknotes of the same denomination at your disposal;
* feel the raised texture on the printed area of the banknote;
* if you still have doubts about the authenticity of the banknote, refuse to accept it and report it to the proper authorities. ###

© Ingrid D., March 2009, spelling edits & website exchange March 2011 (So please do not copy my text or photos without my permission.)

Website: http://www.ecb.europa.eu/euro/banknotes/security/html/index.en.html

Review Helpfulness: 4.5 out of 5 stars

Was this review helpful?

  • Updated Aug 13, 2013
  • Send to a Friend
  • Report Abuse

Comments

Trekki Visits Here Frequently!

Trekki

“Don't spend your life playing the role that others have chosen for you ;-)”

Online Now

Female

Top 1,000 Travel Writer
Member Rank:
0 0 0 2 8
Forum Rank:
0 0 0 4 6

Have you been to Italy?

  Share Your Travels