A mysterious man named Emmerich Juettner once produced thousands of counterfeit $1 bills

A man who counterfeited over $1M explains how to counterfeit money

In 2019, after Jeff Turner forged US banknotes such as the 1996-series $100 bill and the 2013 “blue note,” he was indicted on federal conspiracy and served 10 months in prison. In this video, Turner explains how to spot a fake banknote, and provides information about the materials and processes required to make fake money.

The $1 bill hasn’t been redesigned in over 60 years

From a counterfeiting and forgery perspective, this makes the $1 bill one of the least secure American banknotes. In this video, the Wall Street Journal sits down with a leading currency expert to explore the techniques used to keep cash safe and figure out what's going on with the $1 bill.

Governments have historically used counterfeiting for economic warfare

Inserting fake currency into an economy can help destabilize it. During the American Revolution, for instance, the British distributed counterfeit “Continental Dollars” in an effort to devalue the currency being used in the US at the time with the goal of undermining America’s growing financial credibility. The Nazis also ran an extensive counterfeiting scheme during WWII.

A ‘supernote,’ or nearly-perfect counterfeit $100 bill, was recently found in South Korea

These “supernotes” have even fooled US government officials. North Korea is widely believed to be behind the creation of these counterfeit banknotes.

Thomas and Anne Rogers were famous counterfeiters in 17th-century England

The pair used a practice called “coin clipping,” shaving the edges off silver coins to decrease their weight before sending them back into circulation. When banknotes rather than coins gained popularity, counterfeiting methods evolved—in the 1700s, an early banknote counterfeiter named Mary Butterworth created counterfeit paper money using starched cloth and a hot iron to transfer the pattern of a banknote onto paper.

The 'Where's George?' project tracked a trail of $1 bills across the US

Over a decade ago, a group dedicated its time to tracking $1 bills in the US. They would stamp single bills with the phrases “currency tracking project” and “Track me at WheresGeorge.com” in a practice they dubbed “Georging.”

The United States had a washing machine that cleaned dirty dollar bills

In the early 1900s, the US Treasury Department had a machine that washed and ironed old, soiled paper bills. The machine helped the Treasury save money by decreasing printing costs for new dollar bills, but had nothing to do with the modern understanding of money laundering.

America's most misunderstood dollar

The $2 bill isn't rare; it's just hiding. First printed in 1862, stopped in 1966, and revived in 1976, there are still 1.6 billion in circulation. People just don't spend them.

The US once had a $100K bill

There are currently seven denominations of paper money, with the highest value reaching $100. But there used to be more that have since been discontinued, including bills that sported the faces of President William McKinley and President James Madison.

Every printed bill has its own unique serial number

In the US, each bill also has its own plate number, series year, Treasury seal, and more. Each design helps track money and combat counterfeiting.

Some coin denominations have ridges etched on their sides, partly to prevent counterfeiting, in a practice called 'reeding.'

Get the inside story of the duck hunt that birthed the Federal Reserve

Pseudo-duck hunters, private train cars in Hoboken, and a thrilling work week over Thanksgiving 1910—all and more are featured in the wild story of how a group of fed-up bankers and lawmakers tried to create an enduring central bank for the US. Records of the meeting managed to remain hidden for decades.

JP Morgan Jr. once angered the nation with his zero-dollar tax bill

In the aftermath of the Great Depression, Congress learned that Morgan and his banking partners had avoided paying any federal income tax in 1931 and 1932. By claiming their losses in the stock market, they seemingly erased what they owed.

The Medicis of Italy innovated 'bills of exchange,' precursors to checks

At the time, lending money for interest (also known as usury) was banned in much of the Christian world. The enterprising Medicis developed bills of exchange to allow merchants to promise payment without cash or coin (with some discrete means of earning interest woven in). Learn more about how this family laid the foundation for modern banking.

AI could be increasing the opportunities for financial fraud

Systems that can reproduce near perfect counterfeits of legitimate financial documents are increasingly prevalent and sophisticated. The international Association of Certified Fraud Examiners estimate organizations lose about 5% of revenue to fraud each year.

The idea for the Federal Reserve was conceived in secret in 1910—with bankers donning duck hunt gear for disguise while traveling to a remote country club on Georgia's Jekyll Island

The WWII passport forgers who saved thousands of Jewish lives

Amid the chaos of Hitler's authoritarian Europe in World War II, Polish diplomats based in Switzerland used the classic toolkit of thieves to help free thousands of Jews: they perfected the art of forgery, faking passports secretly donated by sympathetic Latin American countries. Read the incredible tale of heroism here.

The Eye of Providence on $1 bills is a lightning rod for conspiracy theorists

The symbol is associated with the Freemasons, one of the world’s oldest secret societies. It also appears on churches, Masonic buildings, and the great seal of the United States.

The foundation for computer viruses was published after its creator's death

In the late 1940s, Hungarian American mathematician, scientist, and engineer John von Neumann gave a series of lectures where he explained the theoretical framework for a computer program that could replicate itself—the von Neumann Universal Constructor. His lectures were later compiled and published in 1966, nine years after his death from cancer.

‘Mint marks’ are tiny letters on US coins that correspond to which mint location created them

As more mint branches opened up after Philadelphia (the first mint location), these “mint marks” helped hold each branch responsible for the quality of the coin. A coin minted in Philadelphia, for instance, would have the letter “P” on it. Some mint marks are extremely rare, making coins displaying them particularly valuable to collectors.

Priceless paintings were quickly taken during a 2008 raid of a Zurich museum

Three men walked into Emil Bührle Foundation during open hours. One of the men pulled out a loaded gun and forced the museum staff to the floor, while the others stole four paintings close to the door. The stolen paintings included a Degas, a Monet, a Van Gogh, and a Cezanne, totaling a whopping $160M in stolen art.

German printer Richard Sellmer revived Advent calendars after World War II

Advent calendar production resumed in 1946, when German printer Richard Sellmer began issuing nostalgic winter-town designs that became classics, later exporting them to the United States. His company still operates today, producing more than 140 varieties.

Mark Twain had many gripes with the US Postal Service

Twain often complained about the cost of postage and the service's inefficiencies, often sharing these criticisms in newspaper opinion pieces. Still, in 1907, the USPS issued a commemorative stamp featuring his face.

Catching up with hobby icon Sy Berger

In 1952 baseball card company Topps printed two series of cards. The first series sold well, but the late-season series, numbered 311-407 and included Mickey Mantle, didn’t. Read the first-hand account of how Topps couldn't’ even give the late-season series cards away and dumped an estimated 500 cases into the Atlantic Ocean in 1959. Decades later, it created a scarcity that drove the price of that Mantle card to $12.6 million.

Two Papa John’s pizzas were the first real-world transaction involving cryptocurrency

In 2010, a programmer Laszlo Hanyecz made the first real-world transaction involving cryptocurrency—purchasing two Papa John’s pizzas for 10,000 bitcoins. While the transaction was lauded as a milestone for cryptocurrency, it has also become a tongue-in-cheek cautionary tale—the value of the purchase price exceeded $620M at bitcoin’s all-time high.

Mark Twain spent decades feuding with the US Postal Service, convinced its costs and regulations were bureaucratic overreach.

Shrunken human heads were once a valuable commodity

In the Ecuadoran Amazon of the 1800s, shrunken human heads had spiritual significance. As outsiders became fascinated by the exotic practice, head shrinking became commercialized, and counterfeit shrunken heads were common. By the mid-1940s, shrunken heads could be traded for guns. (Some users may experience a paywall.)

Bed Bath and Beyond’s 20% off coupon had a cult following

The home goods store’s most fervent fans loved these coupons so much that some bought them in batches on eBay. The FBI even reportedly found one of these big blue coupons in famous mobster Whitey Bulger’s junk drawer. (Some users may experience a paywall.)

Clever Hans was a 1900s horse that was believed to be able to solve math equations, tell time, and read and comprehend German, until a psychology student discovered how he got his answers.

The original copy of the Declaration of Independence is not a pristine document, and even features a smudged anonymous handprint in the bottom left corner.

Art theft is the third-largest source of criminal revenues worldwide, thanks in part to the subjective nature of valuing a work of art.

Elk Cloner, the first computer virus to spread in public, was written as a practical joke by Richard Skrenta, a Pittsburgh high school student.

US consumers collectively owe more than $1T to credit card companies—almost as much as they owe in auto loans.

Budweiser stores yeast derived from the original 1800s strain in a secret bunker, which only the Head of Yeast Management can access—not even the CEO

When a Paris department store hesitated to sell Estée Lauder's perfume, she 'accidentally' broke a bottle, causing the smell to spread throughout the store and shoppers to start asking to buy the scent.

While atoms are normally made of protons, neutrons, and electrons, exotic ones have been built with antimatter—alternate versions of normal matter that live for fractions of a second and are about a billion times as rare.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

See 33 images that became central to huge scandals, including a young Charles and Camilla, Michael Jackson's baby on a hotel balcony, and Hugh Grant's mugshot.

Indefinite cloning of some endangered species may not sustain their longevity because cloning success rates decrease as genetic mutations accumulate.

Many legends about George Washington, including his supposed wooden teeth and the story of cutting down the cherry tree, lack evidence.

In its famous catalog, Sears sold $600 DIY house kits from 1908 through the 1940s, resulting in an estimated 100,000 'Sears and Roebuck homes.'

The identity of the Tank Man in the iconic photo from the 1989 Tiananmen Square protests remains unknown and was possibly killed.

To reduce wrinkles in clothing, research recommends gentle wash cycles with more water and tumble drying with smaller loads and longer times.

Salvador Dalí believed he was his own dead brother, who had died nine months before he was born

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

Learn more about the history of fireworks, which dates back to an accidental invention during an alchemist's quest for information about immortality.

View the ten deadliest tornadoes in US history.

The 1987 Nintendo video game 'Stadium Events' isn't known for being particularly fun, but its scarcity has made it a highly sought-after item that has sold for up to $35K at auction.

Planarian flatworms are small, aquatic worms with exceptional regenerative capabilities. When cut, the worms can regenerate multiple bodies in a matter of weeks.

Gerrymandering works through two techniques: cracking opposing voters across districts to dilute their power, and packing them into a few to waste their votes in lopsided majorities.