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The E-Sylum: Volume 8, Number 53, December 18, 2005, Article 11 MARKING PEN LEADS TO CONFISCATION OF GENUINE CASH On December 11, the Cape Gazette of Delaware reported another case of genuine bills being falsely deemed counterfeit by a teller using a marking pen: "Disabled veteran Rob Stevens of Millsboro cashed his U.S. Federal Reserve monthly disability check at a Millsboro bank shortly after 9 a.m., Dec. 1, and closed out his account there. As Stevens later explained to police, he immediately took the slightly more than $2,000 - mostly in $50 bills - to the Sussex County Federal Credit Union on Route 1 in Lewes, where he wanted to open a new account. When Stevens handed the money to the teller, who used a marker to check the $50 notes, Stevens' world turned upside down. The teller told him the money was counterfeit. His life savings were confiscated as evidence and a six-day investigation ensued." "Cpl. Jeff Oldham, state police spokesman, said the marker used by the credit union teller to test the money might have been defective. Counterfeit currency markers have been advertised on line since 1998 as highly effective - but not perfect - tools for detecting bad U.S. or universal currency." "The pens are designed to make an amber mark on good currency and a dark brown or black mark on bills that are probably counterfeit." "Stevens said after receiving the call that he was greatly relieved to learn state police had solved the case and were returning the stack of $50 bills he had tried to deposit at the credit union." To read the complete story, see: Full Story Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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