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It is quite possible. Counterfeit detection pens are generally inaccurate at best and can mark some older genuine bills as counterfeit and counterfeit bills as genuine, and as such should only be used if there is a lot of question about the bill's authenticity. Keep in mind that 1950 US currency in high grades can be valuable as a collectors item and a counterfeit detection pen may very well ruin a lot of the value.

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Q: Would a 1950 bill mark as counterfeit is the paper age enough to make this good bill mark as bad?
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