What is MG Counterfeit Money Detection and How Does It Work?

MG Counterfeit Bill DetectorCounterfeit bill detection is a necessary evil in a world where high-tech printers and ever-smarter criminals are producing counterfeit bills that can fool most people. Counterfeit money detectors, and many bill counters, help quickly catch counterfeit bills before it becomes a serious problem. I personally recommend any business that deals with tangible cash on a regular basis to use a counterfeit detector. One popular method for catching counterfeit bills is MG (magnetic) detection.

Legitimate US currency implements magnetic ink in strategic locations to help thwart counterfeiters. Many modern counterfeit money detectors, and most bill counters with counterfeit detection, will check for magnetic ink.

Most manual counterfeit money detectors require that you slide a bill over a magnetic sensor. If the bill is legitimate, it will usually audibly and visually indicate that it is real. The process takes just seconds and is faster than manual UV detection or counterfeit ink pen detection.

Magnetic Ink Found on Real US CurrencyMost modern bill counters, equipped with counterfeit money detection, will scan for UV (ultraviolet) and MG (magnetic) properties. These bill counters count bills at a speed of hundreds of bills per minute. As the bills are run through the machine, sensors scan the bill for magnetic properties. This is probably the fastest way to check a bill for counterfeit properties.

Is magnetic ink scanning 100% foolproof? While nothing is 100%, magnetic detection is very reliable. Bill bleaching, which can be a problem for some counterfeit detection methods, will typically ruin the magnetic ink properties, rendering the bill useless to counterfeiters.

Considering the reasonable cost of counterfeit bill detectors, with some MG scanners costing less than $30, I recommend investing in a solid machine. The savings in catching a counterfeit bill alone will make up for the cost of the machine.

Our ABC-75, at the time of this article, costs $41 and includes UV (ultraviolet) detection, WM (watermark) detection, MG (magnetic) detction and also includes a magnifying glass. This is a video demo of me using teh ABC-75, including the magnetic ink scanner:

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At ABC Office, we offer about 10 different counterfeit detectors (found here), which range from manual operation to automated operation. We also offer almost 2 dozen different bill counters (found here), with about half having counterfeit bill scanning capabilities.

We have over a decade of experience with counterfeit bill detectors, so please feel free to contact us at 1-800-658-8788 with any questions.

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One Response to “What is MG Counterfeit Money Detection and How Does It Work?”

  1. Finally rich Says:

    Finally rich…

    What is MG Counterfeit Money Detection and How Does It Work? – ABC Office…

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