by Know Common Cents » Fri Aug 19, 2011 8:49 pm
Ever see an old (silver) trade dollar with chop marks? Same thing here.
Certain Chinese merchants or those in the Far East that handle large sums of US currency affix their stamp to the back of the bills for verification purposes. These verifiers certify by their mark that the bill isn't counterfeit. If the bill comes back to them, they already know it's good.
For example, if I see a $100 with a known mark on the back, I can be assured it's real. It's always made me wonder, though, if there are those who use bogus reverse stamps just to throw others off.
On some $100 bills you can see several different marks. I always thought an interesting idea would be to take pix of these marks and see how many different there were. Maybe hundreds, maybe thousands, I guess. Problem is, I never have enough $100 bills to make picture taking worthwhile. Maybe I'll start a new trend of affixing my mark to $ones and $fives.
"I don't know what I'm doin' but I'm sure havin' fun" Herman Munster
I've recently adopted the Groucho Marx philosophy for dealing with politics and other life challenges, "Whatever it is, I'm against it!" (Horse Feathers 1932)