Hashtag: #CurrencyAndCoins

Police: Be “Vigilant” About Counterfeit Currency

Police: Be “Vigilant” About Counterfeit Currency

The Bermuda Police Service is advising businesses and their staff as well as residents to be “vigilant regarding counterfeit Bermuda $100 notes bearing serial number 242219 and counterfeit Bermuda $50 notes bearing serial number A30763 currently in circulation.” A police spokesperson said, “If counterfeit cash is detected during a... Read more of this article

Counterfeit Currency Advisory: $100, $50 Notes

Counterfeit Currency Advisory: $100, $50 Notes

The Bermuda Police Service said they are “advising businesses and their staff as well as residents to be vigilant regarding counterfeit Bermuda $100 notes bearing serial number 242219 and counterfeit Bermuda $50 notes bearing serial number A30763 currently in circulation. “If counterfeit cash is detected during a transaction, the person... Read more of this article

24 Yr Old Remanded For Passing Fake $50 Bill

24 Yr Old Remanded For Passing Fake $50 Bill

Loniko Durrant, 24, was remanded into custody after being convicted of passing a fake $50 bill at the Docksiders Pub on Front Street in the early morning hours of 19th July 2014. The Crown Prosecutor told Senior Magistrate Archie Warner that a Docksider manager had been given the fake bill by a man who wanted to purchase cigarettes. He checked the bill,... Read more of this article

Reminder: Bermuda Currency Deadline Is Today

Reminder: Bermuda Currency Deadline Is Today

Locals will no longer be able to use legacy, horizontal Bermuda banknotes to purchase goods and services after today [Dec 31]. First introduced into circulation in 1970, the horizontal “legacy” banknotes in denominations of $2, $5, $10, $20, $50 and $100 are being removed from circulation. and will be replaced with the vertical banknote series introduced... Read more of this article

Counterfeit Money: Man Sentenced To 30 Days

Counterfeit Money: Man Sentenced To 30 Days

Tio Weeks was back before Senior Magistrate Archie Warner today [Dec 12], this time pleading guilty to a charge of passing a counterfeit $50 bill last month the Marketplace store on Church Street. He was sentenced to thirty days in prison, however it to run concurrently with his sentence he received earlier this month for assaulting a woman, meaning... Read more of this article

Deadline Approaching For Old Bermuda Currency

Deadline Approaching For Old Bermuda Currency

The Bermuda Monetary Authority is reminding the public that they will no longer be able to use legacy, horizontal Bermuda banknotes to purchase goods and services after 31st December 2013. Shanna Lespere, Director of Operations at the Authority explained, “Back in June, the Authority announced that the legacy banknote series will no longer be legal... Read more of this article

37 Yr Old Man Denies Using Counterfeit $50 Bill

37 Yr Old Man Denies Using Counterfeit $50 Bill

37-year-old Tio Weeks appeared in Magistrates Court today [Nov 28] where he pleaded not guilty to possessing and passing a $50 counterfeit Bermuda dollar bill on 18th November 2013 at the Marketplace store on Church Street. Magistrate Juan Wolffe granted Weekes $1,000 bail, required Weeks to find a Surety, and set trial for March 2014. Related... Read more of this article

Police Issue Counterfeit Currency Advisory

Police Issue Counterfeit Currency Advisory

The Bermuda Police Service is reminding the public that it is a criminal offence to pass to another, possess, make or reproduce any counterfeit currency. A police spokesperson said, “The Bermuda Police Service has noticed an increase in the number of counterfeit Bermuda $50 notes being reported to police recently. “With the holiday season fast... Read more of this article

Police Advisory: Counterfeit U.S. $100 Bills

Police Advisory: Counterfeit U.S. $100 Bills

The Bermuda Police Service is advising businesses and residents to be “vigilant” regarding counterfeit U.S. $100 notes bearing the serial number HK14858132DK11 currently in circulation. “If counterfeit cash is detected during a transaction, the person receiving the fake money should hold on to it, note the description of the individual... Read more of this article

1927 £1 Bermuda Note On Sale For $2,500

1927 £1 Bermuda Note On Sale For $2,500

In the space of some 86 years, the value of £1 Bermuda note has drastically increased, with eBay user isranumis.ltd offering a 1927 piece of currency for sale via the popular auction website for $2,500.The note is listed as being in “very fair” condition, not a bad grade given its age and likely heavy use. The listing’s price... Read more of this article

New U.S. $100 Note To Circulate In October

New U.S. $100 Note To Circulate In October

The redesigned U.S. $100 note will begin circulating on October 8, 2013. The new note incorporates new security features such as a blue, 3-D security ribbon, with officials saying it will be easier for the public to authenticate but more difficult for counterfeiters to replicate. A statement from the U.S. Consulate said, “The advanced security... Read more of this article

Old Bermuda Banknotes To Be Retired This Year

Old Bermuda Banknotes To Be Retired This Year

[Updated with video] The Bermuda Monetary Authority advised that 2013 will be the last year for old Bermuda banknotes, and they will no longer be considered legal tender as of 1st January 2014. First introduced into circulation in 1970, the horizontal “legacy” banknotes in denominations of $2, $5, $10, $20, $50 and $100 are being removed from circulation.... Read more of this article

Police: Counterfeit $10 & $50 Bills Circulating

Police: Counterfeit $10 & $50 Bills Circulating

The Bermuda Police Service is conducting inquiries into reported incidents of counterfeit Bermuda as well as U.S. $10 and $50 bills being tendered at local businesses recently. “These counterfeit notes are of poor quality,” said a police statement. “Liquor licensed premises and other businesses involved in the nighttime economy are... Read more of this article