G'day, I've done a little research into counterfeiting in times gone by: specifically, in England, circa 1820. Each prisoner who was apprehended passing counterfeits, was offered a choice:
take his or her trial for passing false coins or notes; or
plead "guilty" to possession of false coins or notes.
Upon a plea of "guilty", the sentence imposed was transportation to the colonies, for life. Many took this option.
Those who stood trial, had to hope that the jury would acquit them. Acquittals occurred, but in less than half of the trials. Those convicted were sentenced to death ... AND IT WAS CARRIED OUT.
The death penalty, in relation to counterfeiting, was abolished in 1832.
I have a few counterfeits of this era, and it impresses non-collectors, after I have handed them a "dud" to examine, to be told that they are holding something that had carried the extreme penalty in times gone by.
Curiously, and I am at a loss to understand this, each female counterfeiter who was transported was given a gift of five pounds by the Bank of England, on the eve of her departure.
Quite a few counterfeiters came to Australia, and several made their mark here, for example:
William HENSHALL, struck Holey Dollars and Dumps from Spanish Dollars, as ordered by Governor Macquarie in 1813.
Peter