How can you tell if you have a genuine or a fake polymer note in your hand?
Have you ever asked yourselves this question before? On a few occasions, when making payment over the counters, the cashiers did a simple test to see if the polymer note that I handed over was genuine or a counterfeit. This usually happens when you pay with a high denomination note such as $50 or $100 notes.
Back in the old days, they would just hold up the paper notes against the light and look for the watermark. Given that polymer notes do not come with a watermark, this is how they do the simple test. First simply crush the banknote with your palm like squeezing it into a ball and then let it go immediately. The note should spring back immediately for a genuine note. If not, then you may have a fake one in your hand.
Of course I do not expect you to try this one one of your uncirculated notes especially if you may only have one piece in your collection. For those collectors living in a country that are now fully converted to polymer notes, give it a try. Do your experiment on a circulated one. You still get the same result.
Enjoy your fun!