Counterfeit British Pound Coins in Circulation in 2012

in Counterfeit Goods

A report by the Royal Mint found that there was 44 Million counterfeit British Pound coins in circulation in March 2012. The number of counterfeit £1 coins is equal to 3 coins out of every 100 in circulation.

The number of counterfeit coins in circulation in the United Kingdom is up from previous reports. In 2008, there were 30 million counterfeits in circulation, or 2 out of every 100 in circulation.

Source:  Luke Salkeld, “Number of counterfeit £1 coins doubles in a decade as three in every 100 are now fakes,” Daily Mail, April 1, 2012.

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