Originally Published: 28 June, 2010
Fake money can be a problem for travellers anywhere. In China the 100 yuan note is targetted most often as this is the largest denomination. As the counterfeiters get more sophisticated even the locals find it difficult to tell a fake note froma good one. How can a visitor possibly tell?
First of all, recognise that as a visitor you will be a target. Places where tourists spend money are prime opportunities for counterfeit notes to be passed on. This can be done by giving fake notes as change or, sometimes by swapping a good note for bad and then accusing the buyer of trying to give a fake note.
Money going into or coming out of banks is always checked with a machine so this is unlikely to ever be a problem now. (There may still be old reports on internet sites). Since you will have started with only good notes enure that you check any that you then receive.
Here are some points to check:
1. Check the watermark. This should be clear. Fake notes have an indistinct, smudged watermark
2. Whilst you are looking, check other details. These should all be clear with sharp edges. Facsimiles always blur at the edges.
3. Run your fingernail over the hair on Chairman Mao's head. This should be embossed and therefore you should feel a series of ridges. Fake notes rarely have any texture at all.
4. Below the serial number is an intricate design for the number 100 in green/grey ink. This should be shiny and reflect light in different shades as you tilt the note in strong light.
5. Few fakes are now so bad that you can tell by the quality of paper. Still, it is worth knowing that the paper should be soft and pliable. Anything stiff or worn should be rejected immediately.
If in doubt, refuse to accept a note that you suspect. Cause a fuss and call your guide if you have one. They will know how to report a problem.
If you do get tricked and end up with a fake note you should not let it ruin your holiday. It is best to write the word FAKE on the note so that it cannot be passed on again and then kept as a souvenir. Treat it as just another experience and maybe even learn to laugh about that time in China.
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