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That link says absolutely nothing about the US or CIA possibly counterfeiting UK pound coins.
by moheeb 15y ago
That link says absolutely nothing about the US or CIA possibly counterfeiting UK pound coins.
- DanBC 15y agoBut the post you're replying to doesn't claim that UK pound coins are counterfeited by US or CIA, it says that UK coins are counterfeited by "artisans". (http://www.coinauthentication.co.uk/poundfiles-types.html http://www.coinauthentication.co.uk/poundfiles-types.html) Wikipedia says that nearly 3% of pound coins are counterfeit, and that the Swazi lilangeni is minted from the same planchets, which makes vending machine fraud easy.
- moheeb 15y agoHere is the post I am quoting: The UK has a large problem with fake Pound coins.... Which states produce them remains a mystery, though some think it is the USA/CIA After this quote a link was provided. That link did not mention anything about the USA or CIA producing fake UK pound coins. Am I missing something? Why are the two topics in the same paragraph if they are not related?
- ljf 15y agoLooks like you missed the bit in the middle: The UK has a large problem with fake Pound coins,--- which are made at an artisan level,--- but all the high value note faking, worldwide, of established currencies, is most likely State Sponsored. This was to clarify what I had meant above, talking about volume over value. The UK has a large volume of fake coins in circulation, most likely far far more than the number of fake notes we have circulating. BUT the value of the fake notes in circulation far exceeds that of the coins. I was trying to make it clear that yes there is a lot of mom and pop fakery going on, but the real high value fakery comes from the highly technical and sophisticated teams (most like state sponsored).