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Fake £1

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Pillar of the Community
Ben's Avatar
United Kingdom
4208 Posts
 Posted 07/12/2012  5:57 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
If it has those dents on the face, its fake. If its at all off on the edge, its fake. BAsically, anything less than perfect is probably fake.
Pillar of the Community
DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 07/12/2012  7:25 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
I have been looking for fakes for a little while (just out of interest) and had my first today... the edge printing is perfect but it is struck so weakly half of the lettering hardly shows.

So many I have been unsure on, I havent seen any of the crudely made ones in a long time.

I am hoping they withdraw the lot and introduce a new coin anyway... it will be more interesting :P
Pillar of the Community
Gothic Florin's Avatar
United States
2541 Posts
 Posted 07/15/2012  09:51 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
I have a fake myself from a recent trip over. I'll have to get some pics up soon.
Pillar of the Community
United Kingdom
837 Posts
 Posted 03/18/2013  3:32 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Fake pound coins are really interesting subjects given their diversity - from the very good forgeries all the way to really dodgy ones made by lazy forgers. Of all the interesting ones I have come across the most memorable one was last year I got a fake one that had no date on it!

Valued Member
marz's Avatar
United Kingdom
116 Posts
 Posted 03/19/2013  10:33 pm  Show Profile   Bookmark this reply Add marz to your friends list Get a Link to this Reply
I found this one today in my change from the post office



Fake-£1
Valued Member
marz's Avatar
United Kingdom
116 Posts
 Posted 03/19/2013  10:36 pm  Show Profile   Bookmark this reply Add marz to your friends list Get a Link to this Reply

Fake-£1

Fake-£1
Edited by marz
03/19/2013 11:22 pm
Pillar of the Community
United Kingdom
837 Posts
 Posted 03/19/2013  11:23 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Interesting find ! Funny enough I got a fake with the same design a few weeks ago . Maybe its from the same batch as yours; as the one I got also had the date and design match but had poor detail .......

Regarrding fakes .... banks and the cash industry apparently send fakes to The Royal Mint after they are identified and removed from circulation , the RM then destroys them thats how they have come up with some of the stats on the prevalence of fakes .

Here are some interesting figures I have found on this subject - in the financial year 2003-2004 85 000 fakes were identified and destroyed and in the first quarter of 2010 - 187 000 were identified and destroyed ..... alarming figures but at least they are being removed , If they didnt the percentage of fakes in circulation would probably be in double figures by now !
Edited by DaytR
03/19/2013 11:26 pm
Valued Member
SilverEye's Avatar
United States
318 Posts
 Posted 03/21/2013  7:29 pm  Show Profile   Bookmark this reply Add SilverEye to your friends list Get a Link to this Reply
If you get a fake, are you supposed to send it in and just be out the money?
Pillar of the Community
United Kingdom
837 Posts
 Posted 03/21/2013  10:44 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Apparently that is what people are advised to do ....
Valued Member
marz's Avatar
United Kingdom
116 Posts
 Posted 03/23/2013  11:29 pm  Show Profile   Bookmark this reply Add marz to your friends list Get a Link to this Reply
Interesting stuff... I wonder who foots the bill, the banks or The Royal Mint?

http://www.lovemoney.com/news/scams...-fake-1-coin


Quote:
The Royal Mint has warned that three in every 100 £1 coins is now a fake, with the total number of counterfeights rising to 44 million.

That number has grown by three million in the space of just nine months.


less one... as I will probably hold on to this one.

Edited by marz
03/23/2013 11:34 pm
Valued Member
Red's Avatar
United Kingdom
252 Posts
 Posted 03/24/2013  07:46 am  Show Profile   Bookmark this reply Add Red to your friends list Get a Link to this Reply
For those interested in fakes, here's a link to my (old) website with many examples of fake pound coins (and a couple of others too)

http://ukfakeanderrorcoins.50webs.com/POUNDS.HTML

I haven't updated it in a few years (and can't edit the front page so sorry for the dead image links)
so my collection has grown a bit since.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 03/24/2013  08:36 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Looks like The Royal Mint is going to be forced into producing bi metallic One Pound coins.
Valued Member
marz's Avatar
United Kingdom
116 Posts
 Posted 03/24/2013  10:19 pm  Show Profile   Bookmark this reply Add marz to your friends list Get a Link to this Reply
Thanks for the link RED, let me know if you plan to update your site, I would be interested to see more?
Pillar of the Community
Ben's Avatar
United Kingdom
4208 Posts
 Posted 03/27/2013  4:46 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
Had too many fakes recently - its getting expensive to keep them out of circulation. I had to refuse one today.
Pillar of the Community
United Kingdom
837 Posts
 Posted 03/28/2013  12:55 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Interestibng stuff , What did the fake you refused look like ? and what sort of a shop did you get it at ?
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