THE REPORT NOTES THAT THE NUMBER OF COUNTERFEIT CURRENCY CASES REPORTED TO THE GENERAL SECRETARIAT OF THE INTERNATIONAL CRIMINAL POLICE ORGANIZATION (INTERPOL) ROSE FROM 4,434 IN 1976 TO 6,006 IN 1977, AN INCREASE OF MORE THAN ONE-THIRD. A DESCRIPTION OF MAJOR SEIZURES OF COUNTERFEITED UNITED STATES CURRENCY, WHICH IS THE MOST WIDELY COUTERFEITED. MAJOR PAPER CURRENCY SEIZURES IN AFRICA, THE AMERICAS, EUROPE, AND THE NEAR EAST ARE ALSO DESCRIBED. A RELATIVELY BRIEF SECTION ON COUNTERFEIT OPERATIONS AGAINST METAL CURRENCY COUNTERFEITING IS DUE THE FEW REPORTED CASES INVOLVING DISCOVERY OR SEIZURES OF METAL COINS. BRIEF SUMMARIES AS ALSO MADE OF SOME MAJOR CASES INVOLVING COUNTERFEIT CHECKS, LETTERS OF CREDIT, SECURITIES, AND IDENTITY DOCUMENTS REPORTED DURING 1977. THE REPORT CONTAINS TABLES ON COUNTERFEIT NOTES REPORTED SEIZED IN 1977, NEW TYPES OF COUNTERFEIT NOTES RECORDED BY THE GENERAL SECRETARIAT OF INTERPOL IN 1977, COUNTERFEIT NOTES IN INTERNATIONAL CIRCULATION IN 1977. (DEG)