This counterfeit should hopefully be easy to spot. It is from The Farmers Manufacturers National Bank of Poughkeepsie, New York. The treasury serial number is 659432 and it looks like the bank serial number is 618. Everything about this screams counterfeit. It is a denomination and type of note that was frequently counterfeited. It is also from a part of the country that saw lots of counterfeiting. The red treasury seal is very weak and the vignettes are very dark with little detail.
About the only thing moderately interesting about this note is that the counterfeiters took time to use two different ink colors when forging the signatures of the cashier and president. Too bad it wasn’t enough to cover up the other glaring defects.