Counterfeit British £1 coins could force reissue

by Coin Collecting News Staff on July 28, 2010

in British Coins, Counterfeit Coins, Royal Mint

There are now so many fake £1 coins in circulation the Royal Mint could be forced to scrap all of the coins and reissue the entire denomination.

Their warning came as new figures indicated there were £41 million fake £1 coins in Britain – one in every 36 in circulation. This is a record level and suggests that the proportion of counterfeit coins had tripled in the last decade. The situation has worsened since last year, when ...

Full Article: Record number of fake £1 coins could force reissue - Telegraph.co.uk

Related Coin Collecting News:

  1. Counterfeit Pound Coins Double, How to Detect a Fake £1
  2. Counterfeit British £1 coins

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: