Tuesday, 29 April 2014

How to spot a fake £1

Fake one pound coins keep turning up. One in every thirty is counterfeit.

Take a look at this video of a fake I just spotted, to see what they look like.

1st clue...
The designs on the two sides don't line up. When you flip the coin over they should match up vertically.

2nd clue...
The milling on the edge of the coin is poor quality and easily worn.

3rd clue...
The writing around the edge is uneven, the letters thin and poorly stamped.

This is one reason why the Mint is planning to replace one pounds with the new two-tone version which will be harder to copy.

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