I would be interested to learn more details about this counterfeit coin operation, in particular how the fake coins were made (struck or cast), what equipment the counterfeiter used, how he made his dies (if the coins were struck), how he disposed of his product, etc. I am also interested to know whether this operation was responsible for most of the counterfeit £1 and £2 circulating in England or if this was one of many small operations. Counterfeit coin operation uncovered in Garston
Woah! I didn't know there was a England, China! Scary but it seems they uncovered it quickly since they only found £70
There has been a huge problem in Great Britain for quite a few years with counterfeit 1 pound coins. I can't recall hearing about counterfeit 2 pound coins though. http://news.bbc.co.uk/2/hi/uk_news/7628137.stm There was another guy who got caught not long ago with 14 million counterfeit 1 pound coins.
This may come as a surprise to some of you but counterfeit £1 coins are a HUGE problem in England. The following quote is from Wikipedia These counterfeit coins are coming from somewhere (most likely not China) and I am curious to know whether the operation that was uncovered was supplying a large portion of the counterfeits in circulation.
I don't have any more details for you. The English pound has been plagued by counterfeits for years. Hong Kong has battled counterfeit HK$10 coins for years. Of course, these are bi-metal coins. Has anyone at CT heard about any counterfeit USA golden dollars circulating? I guess the real ones are not circulating so the chances of circulating fakes is not high.
Yes. I can't recall where but a South American country uses the golden dollars and counterfeits have popped up.
Shortly after Ecuador started using the Sacs they started having counterfeits showing up in circulation. Over the years some of them have trickeld back here to the US. They actually sell for a nice profit too.
Another large counterfeiting operation has been busted in London. This time the counterfeiters were making £2 coins in preparation for the huge crowds that will be coming to London for the Olympics. http://www.thesun.co.uk/sol/homepage/news/4312798/Counterfeit-coin-con-cracked.html Be sure to check out the photos in the article. The idea of spray painting the "golden" outer ring is clever but the quality of these counterfeit coins is laughable. I guess the counterfeiters planned to take advantage of foreigners who are not familiar with £2 coins and also take advantage of shopkeepers who are overwhelmed by the large crowds during the Olympics and do not carefully the coins when they are spent.
