Hundreds of years ago, the counting of money used to happen in the same preparative way as anyone does, by counting one note at a time. And also banks were assigned the job of counting currencies and also they used to keep bundles of 100 notes of similar values like 100 notes of 10 dollars in a bundle. That particular person had mastered the art of understanding currencies by their feel and look also. This process was going on but in the 1920s, the first step was taken to mechanize this counting process. Modifications in several mechanized models were had been done from time to time. In the 1980s a U.S. firm came with a computerized currency counting machine called the REI High-Speed Machine. By using the computerized methods this machine did not only count as much as 70000 notes per hour but also culled any note that was positioned incorrectly.
This is a brief intro to the history of the currency counting machine. Let’s have a look at a modern currency counting machine that can also check the authenticity of the notes.