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WEEK #317 - Feeling "Spurious" this Friday?......

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QUESTION:

 

What type of notes includes “Spurious” varieties and what is the major difference between “Spurious” and “Counterfeit” notes?

 

 

Good Luck!

 

Our first place winner will receive a coupon for 1 note graded under the Standard grading tier. (You must have an active account with PMG, call PMG for details) There will also be a runner up prize given to a randomly selected player with the correct answer.

 

 

REMINDER: The Numisma-Quest ends on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia info post for more details.

 

When you post your answer, only the administrators can see it . Stop back this Monday. We will make all the posts visible and announce the winners.

 

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A Word about "Counterfeit", "Altered" and "Spurious" Notes: These all have specific and different meanings and none of these terms should be confused with "replica", "reproduction" or "reprint" which all refer to modern products. The first three terms all refer to notes that were produced during the early or mid 1800s, and were designed to circulate and pass as genuine issues of these banks. For many banks, all that has survived are counterfeits, spurious, altered or raised notes as all or nearly all of the genuine notes were redeemed. A "counterfeit" is a note, which resembles a design that was actually being circulated by the bank. A "spurious" note bears the title of a legitimate bank but the design is different from any genuine note that the bank issued. "Altered" notes are genuine in that they were printed by a banknote company, but the bank title has been altered from a bank that has failed (and whose note became worthless for redemption) to a bank whose notes were still good. The term "genuine" has a broad definition in that it only means that the notes were printed by a recognized private printer. Many District of Columbia notes, for example, are "genuine", meaning that they were printed by banknote companies, but many banks in Washington, DC were fraudulent and never intended to redeem their notes from the day that they were "issued". Many of these were altered during the 1850s and 60s to solvent banks in other areas in a fraudulent attempt to use this worthless currency. Counterfeit, spurious and altered notes are "genuine" antiques in that they are all 140+ years old, but not genuine products of these banks. The are generally collected along with genuine notes, but collectors are usually not interested in modern "replicas" or "reproductions". "Reprints" are usually modern products, but were printed from the original plates, in limited quantities, and have some collector interest. We don't sell modern replicas or copies and will always identify reprints. We generally don't distinguish between the various contemporary types as long as they were printed and used during the time period shown on the note. Please email if you have questions about a particular note or bank.

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Counterfeit means that they made the bill to look exactly like the bill, or close to a real bill as possible to pass it.

 

Spurious means that the counterfeiter made money that never existed and is trying to pass it off. Say I were to make a c note with my face on it to pass it off, that would be spurious.

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the confederate notes contain a number of spurious varieties. spurious notes differ from counterfeits in that spurious notes do not copy real notes, but simply look like they could be real and are passed off as real. counterfeit notes have a real model. for example, if i created a 10,000 dollar bill with the picture of john adams on it, that would be spurious. if i created a one dollar bill with the picture of washington onit, that would be counterfeit.

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Counterfeit” notes? are made by machinery

Spurious notes are made by hand

Counterfeit =The geometrically exact in all it's parts

Spurious works imitating

as far as what notes my guess would be many US notes British and even Confederate

Silver certificates pounds sterling ect

 

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Notes printed at state level in the 1820s. (1810s -1860s)

 

A "spurious" note bears the title of a legitimate bank but the design is different from any genuine note that the bank issued.

 

A "counterfeit" is a note, which resembles a design that was actually being circulated by the bank

 

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QUESTION:

 

What type of notes includes “Spurious” varieties and what is the major difference between “Spurious” and “Counterfeit” notes?

 

 

ANSWER:

 

A. Obsolete Currency (part 1)

 

(part 2)

 

B. A “Spurious” note is…. a note that has been created with a bank title that has never existed. The note is not a reproduction of another note to pass as genuine. It is a fraudulent note that does not have an original counterpart.

 

C. A “Counterfeit” note is…..a note that has been produced to look like an existing note to pass off as genuine.

 

 

 

 

Congratulations to our 1st place winner Muleman! You will receive a coupon for 1 free standard grading.

 

No Runner up this week.

 

Thanks for playing this week's Numisma-Quest. Don't forget to stop by for this week's NGC question!

 

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Wow, I never even read the first "imbedded" question... nicely done, a hidden cookie as it were! Now I'm actually gonna have to read the questions! It's like being at work!

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B. A “Spurious” note is…. a note that has been created with a bank title that has never existed. The note is not a reproduction of another note to pass as genuine. It is a fraudulent note that does not have an original counterpart.

 

C. A “Counterfeit” note is…..a note that has been produced to look like an existing note to pass off as genuine.

 

Why does my answer not count?

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