The magician borrows a bill from a spectator and places it under a handkerchief.
He hands the hanky to the owner of the bill who holds onto it through the cloth.
The magician snaps his fingers and tells the spectator to let go of the bill and... it vanishes!
The borrowed bill is later produced in any impossible location the magician chooses.
Red silk handkerchief.
45,3 cm x 46,5 cm