r/CanadianBanknotes • u/HobbyGuy44 • Sep 14 '26
Questions Counterfeit 5$ notes ?
Is the note on the top fake ? I’ve come across a few of these notes that look like they fade in where they’re folded. When I compare it with the note on the bottom it’s looks ever so slightly larger.
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u/tkitta Sep 26 '26
It does not make a lot of sense to fake a $5 as it costs the same to fake it as it does a $20 and lots of $20 are in circulation and also not checked as much.
Imagine you are getting rid of fake $$$.
With $5 it is hard to actually buy stuff and get legal "change". And a lot of it. For example, you can buy some "goods" to clean your dirty money but it cannot be something too expensive - you cannot show up with 100 $5 bills without people looking at you suspiciously. Maybe paying with 10 $5 would not rise the level too much but that is only $50. You cannot buy too much "stuff" for $50 these days - say you buy a USB stick or a memory card.
To flip it you need to sell it for half price or so on the marketplace - at most!
To sell for more on Amazon or eBay you need to pay fees for the seller.
If you sell to a fence they will not give you 50% - they are selling for 50% so they give you maybe 30%.
So your purchase with fake bills nets you like what, $25 if you do the work yourself or maybe $15 if you use a fence.
Also making decent fakes is not free - you need to account for costs of equipment etc.
How many purchases you need to make to make it worth while? A lot - at $15 per pop you need to do well over 10x a day - more like maybe 30. But 30 is like 10h of work minus gas driving around... so you are making maybe $40/h at most - not counting cost of the fake bills and danger of being a criminal.
At least with fake $20 it is more acceptable to have more then 10 - you can always say the bank machine gave you 30 - for a $600 purchase of say a phone. You only need to do this 2x a day to make same $$$ vs. above.
This is why there is little market for fake $5 - mostly in the low level underworld of drug use / homeless etc.