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Fake £1

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tokenmast's Avatar
United States
648 Posts
 Posted 06/10/2013  2:10 pm  Show Profile   Bookmark this reply Add tokenmast to your friends list Get a Link to this Reply
Yes please!
Would very much like to have it and the genuine coin to compare their magnetic signatures.

Pillar of the Community
United Kingdom
1321 Posts
 Posted 06/10/2013  3:12 pm  Show Profile   Bookmark this reply Add andyg to your friends list Get a Link to this Reply
These all fakes I found in the last few weeks...
Fake-£1
Pillar of the Community
United Kingdom
837 Posts
 Posted 06/10/2013  9:15 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Oh wow , that is a nice lot you`ve come across !
Unfortunately Over the past months I've only come across 2 fakes ; the last fake I got looks similar to the one on the top right maybe they are from the same batch-

what sort of places did you get those from ?
Edited by DaytR
06/10/2013 9:37 pm
Pillar of the Community
United Kingdom
1321 Posts
 Posted 06/11/2013  6:46 pm  Show Profile   Bookmark this reply Add andyg to your friends list Get a Link to this Reply
Most are from those self-scan machines in supermarkets.

The same ones I put all my foreign coins in :)
Pillar of the Community
United Kingdom
837 Posts
 Posted 06/12/2013  5:58 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Interesting stuff , thats were I have got most of my fakes from and along with a few exotic ones once in a blue moon.

I had always held on to the belief that people are more likely to throw in foreign or odd pound coin into self service than they would to a a person , after your revelation I think I will use them more often !
Valued Member
Valecrucis's Avatar
United Kingdom
435 Posts
 Posted 06/12/2013  6:11 pm  Show Profile   Bookmark this reply Add Valecrucis to your friends list Get a Link to this Reply
From a collecting point of view it is fun to spot the fakes in circulation, but there is an important issue here. The quality of the metal and striking of our modern coins has deteriorated to the point where there are few definitive ways to distinguish an effective fake and the real thing once significant circulatory wear has occurred. Looked at another way, the mints are no longer willing to invest in our coinage to ensure their use of the available technology surpasses the counterfeiters. To make things worse the mechanisation of exchange has meant that in many situations tools are relied on which really are not as sound as the human eye.

My own numismatic interest is Roman imperial and I cannot help seeing this in the context of historical periods of debasement and valueless currency.
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United Kingdom
837 Posts
 Posted 06/13/2013  12:43 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
You raise some very interesting points ! Regarding quality of some coins,1985 pound coins are havent stood the test of time very well based on all I have come across.

I suppose with the Gvt trying to keeps costs of making coins down we arent going to see too many changes in coins that will be expensive to implement like new ways being used to beat counterfeiters especially for something like pound coins .....

Funny enough a few years back there was rampant speculation in the press of a complete redesign and re-issuing of pound coins , I guess that probably aint going go to happen soon especially given how many coins they would have to replace .....
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Ben's Avatar
United Kingdom
4208 Posts
 Posted 06/29/2013  7:45 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
I went through 6 one pound coins on a trip this weekend. GUESS WHAT, 2 of them were fake. One is hilarious and is being ushered into the permanent collection - die cracks, bad font, wrong edge, deep die chip, high relief. Weird edge, really deep. Reeeally, lustrous.

The other one...I saw the edge and though 'aye, hang about, I've seen that before'. It toally matches a coin I received 200 miles away. Different design, but same edge flaws. Interesting how far these coins make it.
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 06/30/2013  10:01 am  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply
Here's my most recent find. I'm rather pleased with it! Not just a cast, as is so often the case, but new (false) dies.

Fake-£1

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Ben's Avatar
United Kingdom
4208 Posts
 Posted 06/30/2013  4:46 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
Tom, Thats the exact coin I got up north. Mines a later OBV die state though:
Fake-£1
Fake-£1
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 06/30/2013  4:58 pm  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply
Cool! And interesting the reverse die appears to be starting to crack. Suggests it's been used quite a bit!
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Ben's Avatar
United Kingdom
4208 Posts
 Posted 06/30/2013  5:01 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
Yeah, bit worrying really! Cracked die is quite cool though. If they become common (and it seems they must be) then I might try and collect die states. Whereabouts was yours? Mines from waaaay up north and it would be interesting to know how far these fellas have got.
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Tom Goodheart's Avatar
United Kingdom
856 Posts
 Posted 06/30/2013  7:24 pm  Show Profile   Bookmark this reply Add Tom Goodheart to your friends list Get a Link to this Reply

Quote:
Whereabouts was yours? Mines from waaaay up north and it would be interesting to know how far these fellas have got.


North Buckinghamshire / Hertfordshire borders I seem to remember for mine.

Seems to me that despite arrests, the fact that two similar coins turned up recently might suggest they are still being made somewhere.

The oddest thing to me though is that 'beaded' border on the obverse! The chain-like effect seems a bit of a give away. Given that someone seems to have made an effort with the rest of the coin, it's strangely sloppy IMO ...

.. not that I'm complaining!
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Ben's Avatar
United Kingdom
4208 Posts
 Posted 07/01/2013  01:46 am  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
The edge inscription is also off on mine. Its got the intercrossing zigzags on mine - it overlaps and isn't rounded on the bottom zigs. Must be a new way of applying the edge that wouldnt take well to lettering.
Valued Member
Red's Avatar
United Kingdom
252 Posts
 Posted 07/01/2013  06:11 am  Show Profile   Bookmark this reply Add Red to your friends list Get a Link to this Reply
I have one very similar to the above, although mine doesn't have quite as much die clogging on the word COPY.

I also have the Egyptian Arch & Millennium Bridge in the same beaded edge style (also with the word COPY beside the queens neck)

Fake-£1

Edge inscriptions
Fake-£1
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