Showing posts with label Counterfeit Banknotes. Show all posts
Showing posts with label Counterfeit Banknotes. Show all posts

MALAYSIA FIST SERIES "SA - PULOH" RINGGIT BANKNOTE WITH FORGED AGONG WATERMARK.

Malaysia First Series Banknotes "Sa-Puloh" Ringgit With A Forged Agong Watermark.
Bank Negara Malaysia began issuing currency notes on 12th. June 1967. These banknotes were in five denominations: $1, $5, $10, $50 and $100. A $1,000 denomination note was issued on 2nd. September.1968.

The basic design of these banknotes was common across all denominations. The obverse depicts a portrait of His Majesty the first King, together with the words " Bank Negara Malaysia". The words " legal tender", the face value and the signature of Tun Ismail bin Mohamed Ali, the first Malaysian appointed as the Governor of Bank Negara Malaysia, appear on the obverse of these banknotes. The reverse has the Bank Negara Malaysia logo, with a background of geometrical designs.

The banknotes' security features include a tiger's head watermark on the left and a security thread on the right.
However, there are always customers call up or visit my Dickson Niew Collection shop at Subang Jaya asking me to find them a "SA-PULOH" Ringgit banknotes with a "Agong" head watermark.

Few weeks ago, a group of gentlemen called me and later rush to my Dickson Niew Collection shop at Subang Jaya after I told them I got some copies of "SA-PULOH" Ringgit banknotes. They came to me just to look for a piece of  "SA-PULOH" Ringgit banknotes with a "Agong" head watermark

They offer to pay me up to RM30,000 if I can get them a piece of such banknote. They need one to  use it to "TARIK WANG". I told them that our Bank Negara has never issue "SA-PULOH" Ringgit with " Agong " head watermark, only the "Tiger" head watermark. They refused to accept my explanation.

I told them these are the game of syndicate. The representative of the syndicate will go a round to offer to buy a piece of  "SA-PULOH" Ringgit banknotes with a "Agong" head watermark with very high price. Then their gang members will produce the "SA-PULOH" Ringgit banknotes with a "Agong" head watermark to sell to you at a much lower price. You will buy it hoping that the earlier guy who offered to buy from you at a very high price will come back to buy from you. When you call him, he will reply to you that you are late, he already got a piece.

This is how they do the "SA-PULOH" Ringgit banknotes with a "Agong" head watermark. First, they will get a piece of original  Malaysia first series of  "SA-PULOH" Ringgit banknotes with a "Tiger" head watermark, then one of the member will order a stamping chop crafted with a "Agong" portrait that similar to the His Majesty "Agong" portrait on the obverse of our Malaysia banknotes. Next, they need to melt down a piece of white candle, then they will hold the stamping chop with "Agong" head gently touch the liquidized wax and counter chop on the "Tiger" head watermark of a "SA-PULOH" Ringgit banknote. The dried wax " Agong " head will look like a watermark.

So, please beware of such swindle !!
Please share with us if you know they have other method to do the forgery "Agong" Watermark.

FORGERY MALAY STATES SULTANATE TIN COINAGES ARE RAMPANT.

Forgery Malay States Sultanate Tin Primitive Money Are Rampant....!!
In my yesterday BlogSpot "FORGERY KEDAH TIN COCKEREL & TERENGGANU TIN MONEY TREE ARE MORE RAMPANT ", I said I was suggested by Mr. Alam Tunggal NurPutih to sock the suspicious items with olive oil for a few days. Then he told me to use a brush to clean the items. If the items are forgery, the outer layer will be soften and can be removed easily. The inner part is a skeleton of a cockerel that was made of lead. The outer layer is likely to be coated with fine sand.
But yesternight,  Mr. Alam Tunggal NurPutih is very kind enough to give us a feed back that he found on these forgery Malay States Sultanate Tin Primitive Money. He said on the big size Tin Cockerel " ayam Kedah "- the olive oil test will not reveal anything.
It is because this type of forgery Malay States Sultanate Tin Primitive money is using "3 second" super glue mix with river mud, the mud will create a larger and ticker "ayam" and "coins" - its been a while in the market and even was sold way back to 2003. When the forgery tin coin is coated, the mud will stick to the beneath, lead based skeleton like cement, it is very hard and will not be soften even soak in the olive oil for many days.
If the forger is using the method of 3 sec glue - to test its authenticity, you need to heat up the item, it will create a very discomfort, stink smell - just like we burn the glue.

Although the heat test is very effective but provided the seller/owner is willing to allow you to test by using the method. Said a collector, he damaged the surface of some of his genuine coins even he was just using a lighter. So there is a suggestion, you  can scratch out a bit of the "cement" and do the heat test by torch it with a jet lighter, then put off the fire to smell the smoke.
Using this method of making a fake tin coin or item was discovered in 2014 - while the items were sold in the market since 2003.
According to Muzium Matawang Nusantara, there were already more than 50 such forgery tin coins and tin animal money surfaced on the market. It will definitely have a bad impact on Penang emergency coins as well.
A very special thanks to Alam Tunggal NurPutih ,James Soh & Muzium Matawang Nusantara for your very good comments! Cheers!!

DEFACED COINS & BANKNOTES OF MALAYSIA

What Our Bank Negara Malaysia Do With Our Defaced Coins and Banknotes ?

LAWS OF MALAYSIA
Act 519
CENTRAL BANK OF MALAYSIA ACT 1958
CURRENCY
Coins tampered with or notes defaced
Tampered With Bad Intention.

Section 25.
A coin shall be deemed to have been tampered with if the coin has been impaired, diminished or lightened otherwise than by fair wear and tear or has been defaced by stamping, engraving or piercing, whether the coin shall or shall not have been thereby diminished or lightened, and a note shall be deemed to have been defaced if any word, sign, symbol, drawing, caricature, or other thing whatsoever, has been written, inscribed, or in any other manner or by any other means whatsoever has been shown on its surface, or if it is torn, marred, burnt, injured, spoilt or otherwise howsoever mutilated. Withdrawal of notes and coins and their disposal
Tumbled Coins. Defaced By Washing Machine.
Plain Edge Of Tumble Damaged Coins
Section 26.
(1) The Bank may take all such steps as it may deem appropriate to withdraw from circulation coins which are worn or which have been tampered with, or note which are defaced, or unfit for circulation, and may destroy, deal with or otherwise dispose of the same in such manner as may be directed in writing by the Governor or any Deputy Governor or other officer of the Bank as may be authorized in writing by either the Governor or any Deputy Governor.
Man Made Double Struck Coins By Caveat Emptors. Post Mint Job. No Numismatic Value.
(2) The provisions of subsection (1) as to destruction or disposal of, or dealing with, notes and coins shall apply to notes and coins which have been called in and will cease to be, or have ceased to be, legal tender under subsection 24(3).

Waffle Cancelled Coin.

HAND DREW 10 CENTS JIM PAPER BANKNOTE

A Hand Drew Malaya Japanese Occupation 10 Cents Paper Banknote.
Hand Drew
Among  the numismatists visited my Dickson Niew Collection shop at Subang Jaya recently, Mr. Loh Kai Lin, a 68 years old man came to visit me with his family. He showed me his collection of coins and banknotes.
Original Note
While going through his collections , one particular paper banknote caught my attention is a Malaya Japanese Occupation 10 cents paper banknote. It is a weird colored 10 cents banknote.
Hand Drew
Original Note
Mr Loh Kai Lin told me this 10 cents JIM note was drew by his uncle Mr. Loh Weng Kuan during the period of  Japanese invasion of  Malaya from 1942 to 1945. During then he was only 3 years old. He said his uncle had drew a couple of pieces. But he was caught and brought away by the Japanese army when a "Japanese Running Dog"  (Informer) reported to the Japanese authority about his uncle activity. Since then, they have never seen his uncle again.
Hand Drew
Original Note
Hand Drew

Original Note
This piece of "priceless artwork" was given to him by his uncle's family in the later year. He has been keeping it until now, he said he will not parts away this JIM notes because it has a very special sentimental value to him. He hopes his children will inherit this note for many generation.
Hand Drew
Original Note
Hand Drew
Original Note
I am very amazed with his uncle's fine artwork.

FORGERY MALAYA 1941 DOLLAR

Forgery Malaya Board Of Commissioners For Currency 1941 $1.00


I would like to thank Mr.Tan of Taman KSB Heights of Mentakab,Pahang for making an effort to send me this forgery Malaya Board Of Commissioners For Currency 1-7-1941 $1.00.The original note is signatured by H.Weisberg and printed by Waterlow & Sons Limited,London.Carried the prefix numbers of A to R.

This forgery note carry the prefix numbers of P/88 005937, the lion watermark can be seen quite clearly but it was indicated as a forgery note with a red line printed slanting at the right-bottom of obverse and reverse of the note.


Although a forgery note worth nothing but as a collector of forgery coins and banknotes, I sincerely appreciate and thankful to Mr.Tan for his kindness to part his long keeping collection to me.

COUNTERFEIT MALAYA 1941 BANKNOTE

Counterfeit Malaya 1941 King George VI-5 Cents Banknote.


Malaya 1941 King George VI Five Cents Banknotes was signatured by H.Weisberg,the Chairman of Commissioners. It was printed by Thomas De La Rue & Co. and this note  was the legal tender for five cents in the Straits Settlements and Malay States. It was dated 1-7-1941 on the obverse of the note and blank on the reverse.


I was told there were counterfeits notes circulating in the market.On my recent trip to Singapore,I was lucky to find two pieces in uncirculated condition.I am still puzzled why and for what reasons, someone wanted to counterfeit such a low value notes?

FAKE PRIVATE PAPER CURRENCY OF JOHOR

Fake Johor Constantinople Estate Private Paper Currency 1-5-1878

This extremely rare Johor Private Paper Currency was issued by Tuan Syed Muhammad bin Ahmad Alsagoff  for their employees to use within Constantinople Estates in Kukup, Johor on 1-5-1878.

It was printed by Al' Sa'aidi Press of Singapore with hand written signatures and rubber stamped serial numbers. It was blank on the reverse.

Denominations were 25 cents in green colour, 50 cents in red-brown,1 Dollar in black colour and 2 Dollars in brown colour.

This is a photocopied fake banknote.It was photocopied on a thick,possible an old paper and toned it with some brown solution to make it looks old. Its details were in black colour instead of brown. It was bigger in size,i.e.165mm X 115mm compared to it original size of 134mm X 106mm.


Just beware !

THE BILLION DOLLAR PLAN-1940,COUNTERFEITING BRITISH POUNDS.(III)

When Mussolini was rescued by Colonel Skorzeny,the way was paved through the use of fifty thousand forged British pounds, paid out for information as to Mussolini's whereabouts. The Germans bought British and American arms from the Chetniks of Yugoslavia, once paying 100,000 Pound for arms that included heavy weapons. Schwend negotiated one deal that ran to 2.5 million Pound sterling. In Turkey, the butler of the British ambassador was seduced with counterfeit British pounds (300,000 Pound ) into spying on his employer. The information was good, if the money was not. That operation, called Operation Cicero, resulted in the Germans' being warned of air raids on the oil fields of Ploesti, even down to dates. The Ploesti raids turned out to be one of the most disastrous American air efforts of the war, partly because of counterfeit money.
  Not all the money was so well spent. In Trieste, two men and one woman - agents of the counterfeit ring - tried to make off with 2.5 million Pound of the bogus money in the spring of 1944, when it was apparent that the Germans were losing the war. They failed and were executed on the spot. After the second front opened in June, 1944, the Nazi bigwigs used the false pounds to buy jewelry, paintings, anything that they could put aside for the coming ''rainy days.'' Rembrandt's ''Man With a Sword'' was purchased by one Nazi with bogus pounds. The joke was on the buyer, this time. This painting was also a forgery, by the Dutchman Han van Meegeren. He forged many great works during the war years and passed them off on such notables as Hermann Goering.
  The pounds were sometimes sold in lots of 250,000 Pound by dealers in Switzerland to international bankers and businessmen. No one could possibly know how many wealthy Europeans were swindled, because most of the activity involved was shady if not actually illegal, and the swindled had no real recourse against the German government.
  As the war drew to an end, Schwend, who was the brains of the sales organization, made plans to get out of Germany. He brought hundreds of thousands of forged English pounds into Switzerland, and with them bought houses and apartment houses and other properties all over Europe, and even in South America. He bought French twenty-franc gold pieces. He bought jewels, including pieces made for the last Czar of Russia.
  When the United States entered the war, the Germans also began to produce excellent forgeries of American $100 bills. The initial target was for production of ten thousand such bills, or $1 million. Already many millions of British pounds had been produced and passed. In December, 1944, when the war was going badly, the counterfeiting apparatus was removed from Sachsenhausen to the Mauthausen camp near Linz, Austria. In May, 1945, matters were so desperate that it was decided to put an end to Operation Bernhard. The equipment was bundled up and packed into three trucks and trailers. One truck broke down near Redl-Zipf on the River Traun, and its contents were pushed into the river. The contents of the other trucks were dumped into the Toplitzsee, and not until much later were some of the British notes recovered by skin divers from the icy waters of the lake. Schwend, the chief passer, made his own deal with the British and American military leaders, and finally reached South America, where he had been very careful to make heavy investments with his share of the millions of dollars' worth of bogus pounds he had supervised. He took up residence quietly as a wealthy citizen of Lima, Peru.
  How many Bernhard pounds were issued remained a secret, then and forever. In 1959 and afterward, the British and the Americans made some discoveries, but they never learned the total extent of the production. The notes continued to circulate until the British government changed the design of its currency. Even in the 1960's it was still thought that these Bernhard pounds were used in clandestine work behind the Iron Curtain. It was the greatest swindle ever perpetrated by counterfeiters - by one government against its enemies, its friends, and its servants.

End.

Link:http://dniewcollectors.blogspot.com/2011/07/billion-dollar-plan-1940.html
http://lunaticg.blogspot.com/2011/07/fake-euro-banknote-report-2011.html

THE BILLION DOLLAR PLAN-1940,COUNTERFEITING BRITISH POUNDS.(II)


Hitler
   In the summer of 1940 the engravers managed to perfect the plates. Even when their design was enlarged ten times and examined with magnifying glasses for discrepancies, none were found. The experts had created as perfect a forgery as could be made.
  Heydrich then began to study the passing of the forged currency. He soon learned that the only safe way was to people who would normally be in position to handle large amounts of foreign money and thus would not come under suspicion in the various countries of Europe where the British pounds were to be passed.
  In the spring of 1941 the Germans were ready for their last test. They sent an agent into Switzerland with a bundle of British 5 Pound note forgeries. The agent carried a letter from the Deutsche Reichsbank, asking the help of the Swiss banking authorities in discovering whether or not these notes were forgeries. The Swiss examined  the notes carefully for three days, and reported. The notes were genuine, they said. Pretending to be uncertain, the agent asked the Swiss to check witht the Bank of England, to see if the notes had actually been issued by them. The Bank of England certified the notes as genuine. So the way was clear for the Germans to begin their counterfeiting on a vast scale.
  Just as the technical operation was ready, the counterfeiting organization fell apart. Naujocks was found to be mixed up with another German official in illegal gold dealings for personal profit. Heydrich was furious. He fired Naujocks and disbanded his ring. The counterfeiters had produced 500,000 Pound in forged British notes. They had worked against great odds for eighteen months, and in one move the operation seemed to be destroyed.
Five Pounds Counterfeit Notes. 
  Heudrich chose the laboratory man Bernghard Kruger to rejuvenate the counterfeiting plan, and renamed it Operation Bernhard. Kruger was ordered to begin production somewhere near Berlin, and he chose the Sachsenhausen concentration camp. Overnight his organization vanished. His workers deserted - they would not enter a concentration camp, no matter what the reason.
  Kruger had to start all over. He had the plates, paper, some printed notes, and a new complication. After the Germans conquered nearly all of western Europe, the Security Service people had unleashed forged 5 Pound notes on the markets in Paris. The flood of new money had played hob with the French economy. The German Ministry of Economics complained and demanded that the process be stopped.
  As the authorities considered this complication, a retired German businessman named Friedrich Schewend suggested that the forged pounds be used to finance German  intelligence work throughout the world. By this time Walter Schellenberg had replaced Heydrich as head of the security service, and he agreed with Schwend.
  The counterfeiting system would be incredibly complex, involved as it was with the German espionage system. It demanded the use of double agents, dishonest businessmen in neutral and Allied countries, and in countries dominated by the Reich, and even the use of the Chetniks of Yugoslavia, who sometimes got arms from the British and Americans and sold them to the Germans for forged British pounds.
  Some of the forged money stuck to the pockets of agents. Their forged bought Swiss francs, then they converted these into diamonds or to numbered accounts in Swiss banks.
  By 1943 the counterfeiting operation was in full swing, reaching down into Italy. The idea of dropping millions of pounds on Britain had disappeared from everyone's mind. It was too complicated. If the Germans did this to the British, the British would leave no stone unturned to reciprocate, and the German currency was far easier to duplicate successfully than the British pound. But by using counterfeit British pounds to finance an expensive overseas espionage system, Schwend estimated that the secret service could have an independent income of 250 million Reichsmarks a year, and in the end the British would pay the bill. The thought pleased the Germans.
  At Sachsenhausen the order came: more production. Forty prisoners who had experience as engravers or printers were promised good treatment if they would work to produce the notes. This operation was so secret that these men were confined to a special area of the camp.
  As for the passing organization, Schwend undertook that task on a strictly business basis. He guaranteed that he would finance the sales organization and operate at his own risk, for a share of the profits. He employed a chief agent who took 25 percent and split that whit the passers. Schwend took 8.33 percent - and estimated that this would bring him  83,000 Pound a month personally.

Fifty Pounds Counterfeit Notes.
 Soon the demand for counterfeit pounds was greater than the supply. Schellenberger asked for the production of 50 Pound notes. Kruger objected. If they produced such large notes, he said, something was bound to go wrong. They could not control the serial numbers of the legitimate notes. Bankers were much more likely to check serial numbers on large notes. what if someone found that he had two notes with exactly the same serial number? Obviously then someone would smell a rat. The word would soon be out through the underworld - and the whole counterfeiting program might collapse.   Still the demand was so great that Schellenberger insisted that the 50 Pound notes be produced ; so they were.
  Three qualities of notes were used. Only those of the first quality (and they were examined a dozen times) would be used by German agents in enemy countries and German businessmen in neutral countries. These notes defied detection by anyone except a British treasury agent. Second-quality notes were used for collaborators in occupied countries (which shows what the Germans thought of them) and for black-market operations. Third-quality notes were kept for small deals with unimportant people.

To Be Continued.

Source:Edwin P.Hoyt.
Link:http://dniewcollectors.blogspot.com/2011/07/billion-dollar-plan-1940.html
http://lunaticg.blogspot.com/2011/07/fake-euro-banknote-report-2011.html