Is it legal to own blank currency paper?

This is a question I always wondered about. Would the Treasury allow you to own blank currency paper, or would they be worried about you counterfeiting bills on it?

(I do believe it is legal to own blank coin planchets, but I'm not sure about blank currency paper)

 

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Some issued notes, 'error' notes, are issued without anything printed on one side. †

It seems pretty darn hard for the BEP to issue notes that are trimmed out, stacked, strapped, released to the Federal Reserve, then onto Banks, then onto customers, blank. No?

Just as to how you would come into possession of blank sheets of currency paper is another issue altogether, which is likely illegal.

 

If I wanted to bleach out a bill, I would leave it sit in a south window all summer here in Florida.
It would probably take a few months, but I'd bet it would bleach out.

 

Not a chance. The paper would be eaten by mites or mold first.

 

Not in MY house! ???

I have seen currency inadvertantly sun bleach, so I know it could happen on purpose.

 

Got an example that suffered something as severe as you claim? Pics?

 

No, I don't.
What have I got to prove to you?
I have seen faded currency.

 

Well, quite frankly, you should be able to prove what you claim or folks might just think your full of it.

 

I take it you've never seen currency that has been faded?
I have seen bills get washed with the laundry and come out faded.
I have seen them get washed and hold up well too... I suppose it has to do with temp, soap type, bleach, etc...
I have seen a bill that sat in the sun in a car long term have similar effects.
I had no reason to photo, and come to think of it, until I got a phone with a camera last year, I never made it a habit to photo anything.

 

Okay "I" get your "I" points. Have a nice evening.

 

Thank "U", have a good evening "2".

 

Well then...
Back to the question I'd think it's allowed as long as it's not intentional but that's just a guess.

 

I think it's safer to err on the side of 'illegal to own' unless officially released by the BEP or canceled in some manner. Cranes guards the paper pretty darn seriously since they build a lot into the paper by the time its ready for delivery. Delivery to the BEP has to be secure as well because security features are already embedded into the paper itself, prior to printing. I can't imagine the Treasury/BEP want's to find out there are unprinted sheets, especially trimmed to finished bank note size exiting their facilities and floating around.

 

You can be as sure as rain that it is a crime to own blank currency paper.
See below.​

PART 601—DISTINCTIVE PAPER FOR
UNITED STATES CURRENCY AND
OTHER SECURITIES
Sec.
601.1 Notice to the public.
601.2 Description of paper.
601.3 Use of paper.
601.4 Use of paper; interest-bearing securities
of the United States.
601.5 Penalty for unauthorized control or
possession.​

AUTHORITY: 5 U.S.C. 301; 12 U.S.C. 418; 18

U.S.C. 474A.

SOURCE: 61 FR 10895, Mar. 18, 1996, unless​

otherwise noted.

§ 601.1 Notice to the public.

The Secretary of the Treasury, by
authority of law, has adopted a new
distinctive paper for use in printing
United States currency in addition to
the existing distinctive papers for use
in printing United States currency and
other securities.
§ 601.2 Description of paper.
The paper utilized in the printing of
United States currency and public debt
issues is cream-white bank note paper
which must contain security features
prescribed by the Secretary of the
Treasury. All currency paper shall contain
distinctive fibers, colored red and
blue, incorporated in the body of the
paper while in the process of manufacture
and evenly distributed throughout.
In addition to distinctive red and
blue fibers, currency paper shall contain,
for denominations prescribed by
the Secretary of the Treasury, security
threads embedded beneath the surface
of the paper during the manufacturing
process. Security threads shall contain
graphics consisting of the designation
‘‘USA’’ and the denomination of the
currency, expressed in alphabetic or
numeric characters. In addition to the
security thread, for the denominations
prescribed by the Secretary of the
Treasury, the paper will bear a watermark
identical to the portrait to be
printed on the paper.
§ 601.3 Use of paper.
The new distinctive paper shall be
used for printing Federal Reserve
Notes of the denominations prescribed
by the Secretary of the Treasury. The
use of the existing distinctive papers,
the distinctive features of which consist
of distinctive fibers, colored red
and blue, incorporated in the body of
the paper while in the process of manufacture
and evenly distributed throughout,
and the security thread containing
graphics consisting of the designation
‘‘USA’’ and the denomination of the
currency, will be continued for printing
of any currency denomination prescribed
by the Secretary of the Treasury.
§ 601.4 Use of paper; interest-bearing
securities of the United States.
The existing distinctive papers shall
be used for the printing of interestbearing
securities of the United States,
and for any other printing where the
use of distinctive paper is indicated.
§ 601.5 Penalty for unauthorized control
or possession.
The Secretary of the Treasury hereby
gives notice that the new distinctive
paper, together with any other distinctive
papers heretofore adopted for the
printing of paper currency or other obligations
or securities of the United
States, is and will be subject to the
provisions of 18 U.S.C. 474A which provides,
in part, that it is against the law
to possess any paper, or facsimile
thereof, designated by the Secretary of
the Treasury for the printing of U.S.
currency or any other security of the
United States, except with the permission
of the Secretary or the authorized
official. This crime is punishable by a
fine not to exceed five thousand dollars
or imprisonment for not more than fifteen
years, or both.
PART 605—REGULATIONS GOVERNING
CONDUCT IN BUREAU
OF ENGRAVING AND PRINTING
BUILDINGS AND ON THE
GROUNDS OF WASHINGTON, DC
AND FORT WORTH, TEXAS​

A​

UTHORITY: 5 U.S.C. 301; Delegation, Administrator,​

General Services, dated December

3, 1992; Treasury Delegation, Assistant

Secretary (Management), dated February 4,
1993.​

​

VerDate jul<14>2003 17:21 Jul 17, 2004 Jkt 203119 PO 00000 Frm 01297 Fmt 8010 Sfmt 8010 Y:\SGML\203119T.XXX 203119T​

 

Looks like a BIG crime at that! LOL!

 

Krispy

I did get carried away a bit with the font size. Sorry but wanted to stress the point.
I did just regulate the font.

 

If I'm not mistaken you can do some serious time for owning blank currency paper.

Not talking errors or bleached or whatever. I'm talking the "raw" product that is used to print paper money.

 

The potential monetary fine is only $5000, but the potential imprisonment is 15 YEARS. Wow.

 

My wife would insure that no mites or dust could reside in my house for a period of more than 24 hours and no bill could be left unattended for 48. Winning betting slips can reside on my nightstand for a maximum of 6 days, then they are gone ! So the faded currency experiment would never happen. I guess I won't become a resident of the Big House over this anyway.

gary

 

No!!!
I have seen blank on one side.also wonder how the BEP could miss that.
*but both sides Big time jail time*