How many fake 1 coins are there in circulation?
1 in 36 coins is fake
Figures show that fake £1 coins are rising in circulation. Believe it or not, 1 in 36 coins is fake. Unfortunately,, this is more than 23 times higher than the number seized eight years earlier. It is extremely important to know that key signs of counterfeits include a poorly defined ribbed edge or an indistinct design of the Queen. Needless to say, one way to identify a fake is to check the alignment of the coin