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{{Short description|Currency authenticator}}
A '''counterfeit banknote detection pen''' is a device used to apply an [[iodine]]-based ink to [[banknote]]s in an attempt to determine their authenticity.▼
[[File:An_example_of_a_Counterfeit_banknote_detection_pen,_13_October_2022.jpg|thumb|A counterfeit banknote detection pen, used to detect fake banknotes]]
▲A '''counterfeit banknote detection pen''' is a
==Background==
[[Counterfeit money|Counterfeit banknote]] detection pens are used to detect [[counterfeit]] [[Swiss franc]], [[euro]] and [[Federal Reserve
Such pens are most effective against counterfeit notes printed on a standard printer or [[photocopier]] paper.<ref>{{cite web|url= http://money.howstuffworks.com/question212.htm |title=How does a counterfeit detector pen work? 123 | work=HowStuffWorks |date=April 2000 |accessdate= 2008-03-28}}</ref> The chemical properties of US banknotes printed before 1960 make marking pens useless, resulting in [[false positives and false negatives|false positives]].<ref>{{cite web
|url= http://www.coinbooks.org/esylum_v10n50a25.html
Pen manufacturers claim such pens will detect a great majority of counterfeit bills, and are an easy counterfeit detection method that does not require expensive gadgets. {{Citation needed|date=May 2013}} However, critics suggest the effectiveness is much lower. Critics claim that professional counterfeiters use starch-free paper, making the pen unable to detect the majority of counterfeit money in circulation.<ref>{{cite web▼
|title= OLD PAPER MONEY AND COUNTERFEIT-DETECTING PENS
|publisher= The E-Sylum
|date= December 9, 2007
}}</ref> One example of this complication taking place happened in 2016, in which a 13-year-old student was arrested by police after she attempted to pay for lunch with a red seal Series 1953 [[United States two-dollar bill|$2 bill]] after the school's counterfeit pen was unable to prove its authenticity.<ref>{{cite web | url=http://abc13.com/news/lunchroom-lunacy-isd-cops-investigate-fake-money/1314203/ | title=Lunchroom Lunacy: ISD cops investigate $2 bill spent on school lunch | date=29 April 2016 | publisher=abc13.com | accessdate=Jul 15, 2019}}</ref>
==Reception==
Pen manufacturers claim such pens will detect a great majority of counterfeit bills and are an easy counterfeit detection method that does not require expensive gadgets.{{Citation needed|date=May 2013}}
===Critical reception===
▲
|url= http://www.sciam.com/article.cfm?id=0001547E-EECE-1FD3-A7EA83414B7F012C
|title= Bunkum!
Line 13 ⟶ 25:
|last= Shermer
|authorlink= Michael Shermer
|
|volume= 290
|issue= 1
|archivedate= 2003-12-18▼
|page= 36
}}</ref> Magician and skeptic [[James Randi]] has written about the ineffectiveness of counterfeit pens on numerous occasions<ref name="swift_2004-12-03">{{cite web▼
|doi= 10.1038/scientificamerican0104-36
|bibcode= 2004SciAm.290a..36S
|archiveurl= https://archive.today/20130202034612/http://www.sciam.com/article.cfm?id=0001547E-EECE-1FD3-A7EA83414B7F012C
|url-access= subscription
▲ }} [http://www.ntskeptics.org/news/news2003-12-18.htm Alt URL]</ref> Magician and skeptic [[James Randi]] has written about the ineffectiveness of counterfeit pens on numerous occasions<ref name="swift_2004-12-03">{{cite web
|url= http://www.randi.org/jr/120304youve.html#1
|title= Commentary
Line 36 ⟶ 54:
|work= Swift
|publisher= [[James Randi Educational Foundation]]
}}</ref> and
▲ |url= http://www.collegian.psu.edu/archive/2008/03/27/paranormal_skeptic_addresses_c.aspx
|title= Paranormal skeptic addresses crowd
|accessdate= 2008-03-28
|last= Rowley
|first= Erin
|date= 2008-03-27
|publisher= [[The Daily Collegian (Penn State)|The Daily Collegian]]
|archive-date= 2008-03-29
}}</ref> Randi claims to have contacted a [[United States Secret Service]] inspector and asked whether the pen works as advertised, to which the inspector replied "it is not dependable."<ref name="swift_2004-12-03"/> The Secret Service does not include such pens in their guidelines for the public's detection of counterfeit US currency.<ref>{{cite web▼
|archive-url= https://web.archive.org/web/20080329051459/http://www.collegian.psu.edu/archive/2008/03/27/paranormal_skeptic_addresses_c.aspx
|url= http://www.ustreas.gov/usss/money_detect.shtml▼
|url-status= dead
|title= Know Your Money - Counterfeit Awareness▼
▲ }}</ref> Randi
|accessdate= 2007-11-06▼
|publisher= [[United States Secret Service]]▼
|archiveurl = http://web.archive.org/web/20071023030937/http://www.ustreas.gov/usss/money_detect.shtml <!-- Bot retrieved archive --> |archivedate = 2007-10-23}}</ref>▼
▲ |archiveurl
|archivedate=2007-10-23
|url-status=dead
}}</ref>
US counterfeiters bleach small denominations and print more valuable bills on the resulting blank paper to evade this test,<ref>{{cite news
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|publisher= KSPR
|___location= [[Springfield, Missouri]]
|archive-url= https://web.archive.org/web/20080405085904/http://www.kspr.com/news/whereyoulive/greene/16592831.html
}}</ref> although [[Federal Reserve Note#Post-2004 redesigned series|changes to the currency since 2004]] have made this method easier to detect. This is one reason that many currencies use different sized notes for different denominations.▼
|archive-date= 2008-04-05
|url-status= dead
▲ }}</ref> although [[Federal Reserve Note#Post-2004 redesigned series|changes to the currency since 2004]] have made this method easier to detect. This is one reason that many currencies use different sized notes for different denominations.
====False positives====
The effectiveness of the pens may be affected by external methods. Simply having a banknote pass through laundry, depending on the soaps and bleaches used, can cause a bill to fail the test when it is otherwise accepted. Additionally, it was discovered that treating a counterfeit note with a dilute solution of [[vitamin C]] will cause a false negative: that is, it will respond to the iodine-based ink as though it were made of the same paper as a valid banknote.<ref>{{cite web|title=How do Counterfeit Pen Tests Work?|date=20 July 2017|work=Banknote World Resource Hub|author=Abdullah Beydoun |url=https://www.banknoteworld.com/resource-hub/portfolio/how-do-counterfeit-pen-tests-work/}}</ref>
==See also==
* [[List of pen types, brands and companies]]
* [[Security printing]]
* [[Steganography]]
==References==
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