Principle
You soak a note in ethanol (alcohol) and it will burn when lighted, leaving the note untouched. This is because alcohol is more flammable, and burning alcohol causes it to vaporize, along with the water present in the solution. This removes heat from the note and prevents it from reaching its combustion point.
Materials
Bill/Dollar bill (higher denomination if you're brave)
Tongs
container
Matches or a Lighter
Salt (or one of these chemicals if you want a colored flame)
Solution of 50% alcohol and 50% water (you can mix 95% alcohol with water in a 1:1 ratio, if desired)
Produces
1. Prepare the alcohol and water solution. You can mix 50 ml of water with 50 ml of 95-100% alcohol.