Sunday 26 July 2009

Becoming a Member of the Forum

No membership, no subscription fees, no application to join.

All I ask is that you e-mail us photos and details about the fakes you come across in your everyday life.

Welcome

Thank you for coming to take a look at my blog website in relation to the ever-increasing problem of counterfeit/fake pounds that have entered our main coin circulation in the UK.

As collectors of 'fake pound coins' I see ourselves providing a service in identifying and removing from circulation coins which aren't meant to actually be there. On this website my aim is to share with others the things to look out for in fake coins, how best to spot them and to compare notes with others as to the types, designs and frequency of faking on each years minted designs.

At the latest survey, the Royal Mint themselves suggest that the faking problem could be as prevalent as 1 in 40 or approximately 2.5%. Thats an awful lot of money out there, sloshing around in the economy.

As long as we state we are collecting them and are not passing them off as real, then I believe we are keeping the right side of the law. It is no good taking them into your bank as they will not give you a real £1 in return. So this in itself has created this 'specialised area of coin collecting'.

Lets get things straight from the start, I was never a coin or stamp collector previously but have been attracted to the £1 coin fake phenomenon only recently and have spent a fair while reading about it and surfing the web.

I'd like to think this becomes a useful reference point for others to read and share their details with me over time and helps open peoples eyes more to the whole subject matter.

Followers