How to identify counterfeit Peruvian banknotes (video 17)

December 24, 2019

Hey guys! It’s Stef and thanks again for joining
me today. In my last video I told you guys all about the different bills that you would
find in Peru. The different faces on there. The archaeological sites and their connection
to Peru or the individuals on the front of the bills. So if you have not had a chance
to look at that video yet, definitely be sure to click on the video up here somewhere if
you want to learn more about Peru’s history. This video today as I promised you guys was
going to be all about counterfeit bills and how to identify them. So according to one
of my main sources that I use for my videos,, in November 2010, Peru was named
the counterfeit cash capital of the world. And that’s obviously not something to be proud
of but that is a strong indicator that you might encounter counterfeit money at some
point during your visit and if you’re going to be here for a long period of time then
you might have greater chances of coming into contact with fake money. As I mentioned in
my last video, updated versions of the bills were introduced in 2011 and as you can probably
already guess, this was mainly done to combat counterfeiting because there were even stronger
security measures put onto these new bills and in this video today, we’re going to focus
mainly on the bills or banknotes, however you want to call them as opposed to the coins
because they are of greater value. But it is possible to encounter counterfeit coins
as well but that’s mainly for the coins worth two soles and five soles. All right so Peruvian
money is printed on 100% cotton so it definitely feels different from paper and I’m quite sure
that American money as well, dollars, is printing on 100% cotton because the texture of a Peruvian
bill is very similiar to that of an American dollar. At least for me it is because I’ve
only been exposed to Mexican pesos, euros, dollars and soles. And a Peruvian banknote
feels pretty much the same as an American dollar to me. Euros and Mexican pesos definitely
are like, plasticky and feel strange at first but this feels like real money to me and I’m
sure that if you’re from the U.S. or you’ve had contact with American dollars then it
will feel quite similar. Back when the new designs came out, they had this campaign called
“toque, mire y gire” which basically means “feel, look and tilt.” And this was an attempt
to make it really easy to identify a fake bill from a real one and especially for the
new bills. So today we’re mainly going to focus on that because it’s an easy way to
teach you guys to identify real bills from fake bills and even though the bills, both
old and new but especially the new bills have all kinds of security measures, it’s really
unrealistic to try to do all of them when you’re out and about in the street because
sometimes you won’t even have the little equipment that you need in order to do it anyway. The
first step in this three step process of identifying a real bill from a fake bill is “FEEL.” So
you want to feel for the texture. Make sure it doesn’t feel like paper. While you’re touching
the bill you want to feel for relief printing or raised images. I don’t have an old bill
with me but on the old bill here at the top you will have “Banco Central de Reserva del
Perú” printed on top so you can feel along that to see if it feels raised or also on
the right side of the old bill you’ll have here a picutre of the emblem and that should
be raised as well. On the new bills however, you’ll mostly feel the raised lines especially
on the faces of the people on the front part of the bill. Keep in mind however that age
and wear will negate some of these properties so it might not be that noticeable when you’re
touching the bill but that does not mean that the bill is not real. It just means that it’s
been worn down and you just can’t feel it as much anymore. The next step is LOOK. So
what you want to do is, you want to hold the bill up to a light source so that you can
see the watermark. And the watermark will be on both the old bills and the new bills
and it will be on the area where there is no printing at all. The watermark should look
three dimensional and it should have different thicknesses to it. This is especially noticeable
on brand new crisp bills. You can really feel the difference in the thickness of the paper
but once the bill has been worn a little bit, you can’t really feel that so much and that’s
not to say that it’s not a perfectly good bill. It just means it’s been worn down and
you can’t really feel it anymore and what you’ll notice is that on fake bills if you
ever encounter one, the watermark on a fake bill will look printed on and it will also
look a bit blurry as well. And the watermarks that you see on the bills will have the same
image of the person whose face is on the front of that bill. Another thing you can look out
for as you’re holding the bill up to the light is in the middle of the bill you’ll have a
security stripe. It’s not that noticeable here but here you can see that and that’s
one more indicator that that’s a real bill and you will see the security stripe on both
bills, the old version and the new version. One more thing that you can look out for as
you’re hold the bill up to a light source is on the new bill, you’ll see here that the
number looks incomplete but what happens is when you hold it up to the light source, the
back part will fill up the number so it will look like a complete number once you’re looking
up at it. The last step is TILT so as you’re holding the bill up to the light source, what
you want to do is you want to bring it down to eye level horizontally and you want to
tilt it back and forth and what you’re going to look out for here is the big number on
the front of the bill should change color. So on the new bills it’s here on the left
side of the face and on the old bills it’s going to be here on the right. But either
way, if it’s an old bill or a new bill, this thing here should change color so in this
case it’s purple and when I tilt it, it looks kind of greenish. This is an easy way to spot
a real bill from a fake because it is easy to identify but very difficult to counterfeit
and also as you’re holding it up at eye level what you’re also looking out for is you want
to see a hidden number which is the same value as the bill. If you have a new bill, you want
to look out for the hidden number on the face of the person that’s on the bill and if it’s
on an old bill then in a little rectangular box or something you’ll see the same value
so I’m not sure how well you guys are able to see that but here, next to his collar or
something, I can see the number ten printed on. I don’t think it’s that noticeable here
but the number ten is right here in this little area and on the old bills as I said, you’ll
have a box here so as you hold it up, you should be able to see the value of the bill
in that little box as well.I mentioned to you guys just a second ago that as you’re
holding the bills up to a light source, you’ll see the security stripe in the middle of the
bill now for the new bills, for the new 100 and 200 sol bills, the security stripe is
visible without holding it up to the light source. You have here these little lines and
when you move this bill back and forth you should see little fish moving up and down
and sideways. They move in different directions as you tilt the bill around and this is only
true for the new bills worth 100 and 200 soles. I’m going to try to show you guys so you guys
can see the effect. Do you see the fishies moving? And they move in different directions.
So that’s one way of definitely spotting a fake 100 or 200. All right and lastly as Imentioned
you can encounter fake five sol coins and two sol coins. And in my experience, what
I’ve noticed is that fake coins feel a lot lighter than the real ones. That’s noticeable
to me, it may not be noticeable to everyone. Also, with the coins, as you can see here
there’s like two different colors so you might notice a space in between the two circles,
the inner and the out part and that’s because they just didn’t put it on right I guess.
I don’t know but that’s another indicator as well and you may notice sometimes that
fake coins are really worn because they kind of try to wear them down so they pass off
as being a really worn old coin so they may be really worn down or they might have little
chunks taken out of them. It might look like it’s really beat up so those are just some
ways to try to spot fake coins. All right you guys so that’s it for this video. I really
hope that this helps you a lot and that you feel much more comfortable now handling Peruvian
money and you feel more capable of being able to identify a real bill from a fake if you
want to know more about the other security measures that these bills have then you can
definitely check out the site for the Central Bank of Peru. I will link that in the description
below and the website is in English and in Spanish but when I wanted to look at the explanation
for the different security measures in the English version, they didn’t have that available
so the only way for you to see all the different ways of spotting a real bill from a fake bills
is if you look at it through the Spanish version and I will have that direct link in the description
below so you can just click on that and familiarize yourself and that’s it. So if you really liked
this video, if you found it useful, if you feel more confident now that you can handle
Peruvian money without getting conned then definitley give this video a thumbs up or
a like wherever you’re watching it from. Share it with anyone that may benefit from watching
this video and if you want to subscribe to my channel then you can always subscribe.
I always look forward to your comments so leave a comment below if you want to say something
to me and if you want to follow me on social media then feel free to do that as well. My
social media stuff is up here somewhere. So thanks again for your time and I’ll see you
soon! Bye! The back side will complete it so you’ll see the whole complete number. Hey
Nala! Don’t take my money. My cat’s taking my money here. *laughs* After a very frustrating
afternoon trying to record. This is how I chillax. I eat Peruvian popcorn. Oh yeah!

You Might Also Like

No Comments

Leave a Reply