Was The $20 Dollar Bill Counterfeit Or Not
The History of the $20 Dollar Bill
The $20 dollar bill has been in circulation since the late 1700s. It has gone through many changes over the years, with the most recent design being released in 2003. The bill features a portrait of Andrew Jackson, the seventh president of the United States, on the front and the White House on the back.
The Counterfeit Money Scandal
In the early 2000s, a group of counterfeiters was caught trying to pass off fake $20 bills in various locations across the United States. The bills were of such high quality that they were almost impossible to distinguish from the real thing.
The Investigation
The Secret Service was called in to investigate the counterfeit money scandal. They quickly discovered that the bills were being printed using a technique known as offset printing. This technique allows for extremely high-quality images to be printed onto the bills, making them virtually indistinguishable from the real thing.
How to Spot a Counterfeit $20 Bill
Since the counterfeit scandal, the Secret Service has worked to make it more difficult for counterfeiters to create fake bills. The new $20 bills feature a number of security features that make it easier to spot a fake. These include:
- A watermark of Andrew Jackson on the right-hand side of the bill
- A security thread that glows under ultraviolet light
- A color-shifting ink that changes from green to copper when tilted
- A portrait of Andrew Jackson that is raised to the touch
Conclusion
Although the counterfeit $20 bills were of extremely high quality, they were eventually caught and the Secret Service was able to put measures in place to prevent future counterfeiters from succeeding. The new $20 bills are much harder to fake, making it easier for business owners and consumers to spot a fake bill.