Is coverage for counterfeit losses included in your business insurance Colorado? A growing problem in the United States is counterfeit currency. This funny money could be made in a variety of ways. A popular technique is to bleach bills of low currency and use the paper to print the image of a more value bill. This process makes counterfeit detecting pens obsolete since the paper the bills are printer on is real. What are other ways you can tell a bill is counterfeit? Here are five clues the Secret Service suggests you look for when concerned about the authenticity of money.
• Does the portrait blend in with the background? On a genuine bill, the portrait will stand out in the forefront against the lighter color of the paper.
• The points on the seals of the Federal Reserve should be sharp. The same goes for the Treasury seal.
• The border around the bill should not be blurry. You should be able to clearly make out the details of the scrollwork.
• Take a look at the serial numbers. They should not only be the same color as the Treasury seal, but they should also be uniform in size, color, and space.
• The paper should not have red and blue dots printed on the background. Genuine currency paper has colored fibers actually embedded in it.
You do not have to lose money to counterfeiters. With the right type of insurance, Colorado business owners could be compensated for the losses experienced because of false currency.
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