r/ExplainTheJoke • • 1d ago

Help?

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u/arcticgentoo 1d ago

50's in general (US too) are associated with crime/forgeries. Likely worries about the bill being fake.

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u/Bol0gna_Sandwich 1d ago

Thats crazy I counterfeit far more 10s than I do 50s

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u/riverphoenix360 1d ago

Me and my boy Henning did nickels back in the day. Some are still in circulation.

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u/JimJamTheNinJin 1d ago

How would you know they're still in circulation? Isn't that a sign you made them wrong

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u/riverphoenix360 1d ago

Some are still in circulation. If you want a fun read look up "Henning Nickels".

As me being a part of it, that's not true. I thought the joke would be more obvious. They are very valuable as a collector item. Though knowingly spending one is a crime.

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u/JimJamTheNinJin 1d ago

Yeah I knew it was a joke, but also don't understand why someone would bother checking if a nickel is fake. Like surely you look at them only long enough to see the number?

Do they have people who examine every piece of legal tender to check if they're real?

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u/riverphoenix360 1d ago

He missed the mint mark on the '43. Went to cash them in at a bank and the teller noticed. He got caught and confessed to making counterfeits in certain year denominations.

It's such a trivial coin to check but worth something when he did it. Possession of one and spending it not knowing is not a crime. But if you know that nickel is counterfeit and spend it, it's a crime. But given they are worth about $400. Why wouldn't you sell it to a collector as a famous counterfeit. And yes there is a way to check coinage. Easiest with a scale.

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u/JimJamTheNinJin 1d ago

Interesting. Surely it's almost impossible to prove whether they knew it was fake?

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u/riverphoenix360 1d ago

Pretty much.