Re: Fake pound coins
Originally Posted by
Mags
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Sometime I find car parking machines will not accept a £1 coin that I put in........ I wonder if someone has given me a dud in change!
The article mentions "A simple test at any automated vending machine can also identify a suspect coin. A lot of counterfeit coins are rejected."
I wonder if the fakes are being produced in China? Seems a lot of trouble to make counterfeit coins. Our Canadian paper currency is changing to plastic:
"The new notes, to be printed on polymer produced in Australia, were created in part to battle bogus bill production -- although that practice has been declining in Canada since 2004.
RCMP Commissioner William J.S. Elliott heralded the new bill as being an effective security measure against counterfeiters.
"These new and technically innovative notes will go a long way to deter the threat of counterfeiting in coming years," he told reporters at the news conference.
New holographic security areas will be printed on the bills, including one in the shape of a maple leaf. They will also feature raised ink, hidden numbers and metallic images printed on a transparent window.
The bills will be printed on a smooth film developed specifically for bank notes and used in about 30 countries around the world, including New Zealand, Hong Kong and Mexico.
The plastic bills are also said to be recyclable, giving them a smaller environmental footprint than is the case with the current bills, according to the Bank of Canada."
Read more:
http://www.ctv.ca/CTVNews/TopStories...#ixzz1u7Tbr5IT