Property News · April 2, 2012

How to spot a fake £1 coin


The Royal Mint says the number of fake quid coins is rising, with three in every 100 a dud. Here’s how to spot oneThree in every 100 £1 coins are fake, according to the latest survey by the Royal Mint. In a sample it found 3.09% of coins were counterfeit, up from 2.94% in its previous survey. With around 44m fakes in circulation it is highly likely one will pass through your hands at some point – but how do you know if it has?”It is important for people to check their change,” a Royal Mint spokesman says. He points to pages on the Mint’s website which have details of how to spot a dud. Giveaways include the date and design on the reverse not matching (the reverse design is changed each year – who knew?), the milled edge being poorly defined, and uneven lettering. You should also note its appearance – it may be far shinier than the date on it suggests it should be. Continue reading…

Source : theguardian.com
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