One in every 36 British pound coins is fake. This is a fairly shocking number: that’s about 41 million pounds (64 million dollars!) worth of counterfeit money in circulation. BBC news has some articles discussing how to spot fake coins. There are detailed sites helping individuals identify fake coinage. It’s gotten so bad, apparently some people have floated the idea of reminting the pound.
It was only a matter of time before we received a counterfeit coin during a commercial transaction. I know to look for misaligned front and back designs, incorrect printing on the sides of the coins, poor workmanship, differences in weight … but what do you do, right at that moment when you think you are being given a counterfeit coin? I, of course, took it so I could show the kids and take photos.
Which is the counterfeit coin? Can you guess which one I suspect?
I should note that I don’t *know* that the coin is counterfeit for sure — but I haven’t found a coin machine that will accept it yet. I’m taking that, along with my observations and my one in 36 chance of picking one up eventually, as proof.