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i P*y wr FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X-6690 August 29, 1930. CONFIDENTIAL. Bear S i r ; There i s enclosed, herewith copy of a memorandum from the Chief of the Secret Service Division, with regard to a new c o u n t e r f e i t $500 gold c e r t i f i c a t e . This i s f o r the c o n f i d e n t i a l information of the Federal r e s e r v e banks and member banks and in t r a n s m i t t i n g i t to your member banks p l e a s e caution them a g a i n s t giving the information any p u b l i c i t y whatsoever. Very t r u l y yours, E. M. McClelland, Assistant Secretary. Enclosure. TO GOVERNORS OF ALL FEDERAL RESERVE BANKS. X-6690-a COPY TREASURY DEPARTMENT OFFICE OF THE SECRETARY WASHINGTON S e c r e t Service Division August 29, 1930 FOR THE CONFIDENTIAL INFORMATION OF THE FEDERAL RESERVE BOARD AND MEMBER BANKS. 3EF COUNTERFEIT $500 GOLD CERTIFICATE S e r i e s of 1932; check l e t t e r "C"; face p l a t e No. 2; H. V. Speelman, R e g i s t e r of the Treasury; Frank White, Treasurer of the United S t a t e s ; p o r t r a i t of Lincoln. This i s an extremely dangerous c o u n t e r f e i t p r i n t e d from photo-etched p l a t e s of e x c e l l e n t workmanship on "bleached genuine p a p e r . The most outstanding c h a r a c t e r i s t i c i n d i c a t i n g i t s spurious q u a l i t y i s the Lincoln p o r t r a i t which i s shaded too h e a v i l y and r e f l e c t s a sooty appearance. The top p a r t of the p o r t r a i t oval r e v e a l s a rough curve where the c r o s s - h a t c h l i n e s converge. The ornate medallions upon which the s e r i a l numbers a r e impressed are executed i n a p a l e shade of orange i n s t e a d of the b r i g h t t i n t which f e a t u r e s the genuine, and the l a r g e word GOLD which blends with the legend above the Treasury seal i s l i k e w i s e p r i n t e d i n a l i g h t orange tone. The paper seems to have been s o f t e n e d as a r e s u l t of the bleaching p r o c e s s . This c o u n t e r f e i t i s b e l i e v e d to be of f o r e i g n o r i g i n , a s four notes were d e t e c t e d i n currency shipments to two New York banks on August 27th and two of the c o u n t e r f e i t s , i t has been e s t a b l i s h e d , were r e c e i v e d from t h e Bank of Athens, Athens, Greece, while the other two a r e a l s o b e l i e v e d to have come from Greece. (S) W. H. MORAN, Chief.
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