Fake £1 coins
The number of counterfeit pound coins has doubled in the last
five years and it is estimated that one in every 50 are now
fake.
It is an offence to make or use counterfeit coins and the Royal
Mint advise people to hand them in if they think they have one. But
how can you tell?
It will be dependant upon the quality of the fake, but usually
counterfeit coins are a slightly different colour, dull or even
dirty, poorly defined ribbed edges with a blurry design or a blurry
bust of the Queen.
You can also check for fakes by examining the alignment of the
coin. Hold it between your thumb and index finger so the Queen’s
head is upright and facing you. Then spin the coin horizontally and
the pattern on the reverse should also be upright (see image).
Fakes will often be at an angle.
The Royal Mint's online
design portfolio can also be used to easily identify what's
genuine and what's not. Since they were introduced in 1983, the
design on the reverse of the coins has changed every year. Often
the year and the design do not correspond on a fake.
But ultimately, how easy it is to identify a fake comes down to
its quality and the good news is the fakes are getting worse,
according to some experts.
