Holly Willoughby could be seen returning to the ITV studios on Wednesday morning, joining her co-star Phillip Schofield after taking leave during the first part of the week. 'FORGERY PROOF': Fake new £1 coins discovered in circulation - and here’s how to spot them, REVELATION: The differences are subtle yet significant, Coins and notes in YOUR wallet worth a FORTUNE, WARNING: Brits have been urged to spend all the old £1 coins before October this year, Subscribe to Daily Star and Daily Star On Sunday newspapers, Retired German shepherd police dog 'cries' after being reunited with handler, Wangwang recognised her handler's voice and ran out to meet him. 'FORGERY PROOF': Fake new £1 coins discovered in circulation - and here’s how to spot them (Image: GETTY) Brow-raising pictures show the apparently-fake coin having subtle but significant differences to the real thing. Fake coins often times will contain hole markings. One Pound coins were first issued in 1983, but one in every thirty £1 coins is now a fake. SPECULATION about fake versions of the new £1 coin has soared after one was apparently spotted in circulation – here’s what you should be looking out for. In 2009 a plot to bring 500,000 fake pound coins to Britain from Italy was foiled by Italian police. Distinguishable by the partial 'filling' of the letters on the obverse, … Want to master Microsoft Excel and take your work-from-home job prospects to the next level? The Royal Mint believes there are 30 million of the fraudulent coins on the streets. Strangely, we find that when we show one fake and one genuine coin to most people, they cannot tell the difference. Poor workmanship Another way to identify a fake is to check the alignment of the coin. The number of fake pound coins in circulation has doubled in the past five years and one in every 50 is now counterfeit. £1 coins were first introduced in 1983 and the … However, it appears the new pound coin isn't quite as safe from fraud as first believed. Brits have an estimated £1.3 billion worth of coins stored around the country, and top money people have urged they empty their piggy banks with the old version by October this year. The design on the back of the coin doesn’t match the official design for the year it was issued. Jump-start your career with our Premium A-to-Z Microsoft Excel Training Bundle from the new Gadget Hacks Shop and get lifetime access to more than 40 hours of Basic to Advanced instruction on functions, formula, tools, and more. The recent survey indicated a counterfeit rate of around 3.09% for the £1 coin.With rising counterfeit coins in circulation, you need to know how to spot fake £1 coin. Submit as guest (your name) One of the most obvious ways to spot a fake is by comparing the quality of the writing on the edge inscription to a genuine coin and also checking that the edge inscription matches the design. (Click image to show how to spot this fake) Coin ID : UNDATED 20P v2 Year : (2008) Weight : 4.17g / 5.0g Design : Undated Mule 20p Thickness : 1.56 - 1.70mm / 1.7mm Diameter : 21.15mm / 21.4mm Notes: These particular fakes are the earlier produced ones. ', Logan Paul to pocket 5,000 per cent more than original pay for Floyd Mayweather fight, Logan Paul and Floyd Mayweather Jr will go head-to-head in February in what could become one of the biggest PPV fights in boxing history despite the obvious gulf in experience, Holly Willoughby says 'she's just about holding on' after missing This Morning shows. New £1 coin: Two weeks until the old round pound is replaced - here is everything you need to know; It may not always be easy to spot a counterfeit £1 coin without close inspection. One of the easiest ways to spot a fake £2 is the edge of the coin. The number of fake £1 coins in circulation now stands at more than 30 million, according to the Royal Mint. How do you know if you've been given one? The great thing about silver is that it has a certain high-pitched ring to it when struck with … Above: Fake pound coin on top, a genuine pound coin beneath for comparison. Ben Ando talks to Colin Gagg, a lecturer in forensic engineering about the growing problem with approximately 30 million fakes in circulation. How do you know if you've been given one? Check the database before buying a rare coin and potentially save yourself £100's. A groove is milled around the edge of the inner core so that when both parts are struck together, the metals will fuse as the outer ring deforms and spread into the groove, locking it into place.. Now that we know how £2 coins are struck, here are some of the mis-strikes and errors that can occur in the process…. All they can say is that it "doesn't look right." The news comes after The Bank of England launched an investigation into the flood of fake £5 notes sweeping Britain. The influx of crooked currency forced the Royal Mint to release the new £1 coin making it much harder for bogus change to be produced. The charity worker, from Addlestone, … You can unsubscribe at any time. “You can buy £1,000 worth for £250.” The Royal Mint claimed the new pound coin – which came out in March – cannot be copied. A flood of fake currency has prompted the Royal Mint to release a new "counterfeit-proof" £1 coin. WITH about 45 million fake pound coins in circulation and a suspected counterfeiter on the loose in Bolton, we have put together a handy guide on… The number of fake £1 coins in circulation now stands at more than 30 million, according to the Royal Mint. The 200+ Best, Hidden & Most Powerful Features & Changes for iPhone, 22 Things You Need to Know About iOS 14's Newly Redesigned Widgets for iPhone, Best New iOS 14 Home Screen Widgets & The Apps You Need, 13 Exciting New Features in Apple Photos for iOS 14, 9 Ways iOS 14 Improves Siri on Your iPhone, 16 New Apple Maps Features for iPhone in iOS 14, 19 Hidden New Features in iOS 14's Accessibility Menu, Every New Feature iOS 14 Brings to the Home App on Your iPhone. Indistinct lettering or the wrong typeface on the edge of the coin is the … DIFFERENT: The coin believed to be a fake (Image: SWNS) One gangster told us: “There’s loads in circulation and the market for them is ready to pop next year. 'FORGERY PROOF': Fake new £1 coins discovered in circulation - and here’s how to spot them (Image: GETTY) Brow-raising pictures show the apparently-fake coin having subtle but significant differences to the real thing. The Royal Mint believes there are 30 million of the fraudulent coins on the streets. The round £1 coin, first issued in 1983, was one of the oldest British coins in circulation. The pound coin, made from a mixture of copper, zinc and nickel, was introduced in April 1983 to replace the £1 note. Fake coins are largely made of … Latest on the fake pound coins and some new photographs of a fake pound coin I was given the other day. The number of fake pound coins in circulation has doubled in the past five years and one in every 50 is now counterfeit. The new coin is meant to feature a hologram at the bottom which shows a £ symbol and the number one depending on the light. He said: “If I've just found one, how many are there in circulation already? The new £1 coin. There are estimated to be in excess of 30million fake pound coins … While fake coins often bear the words “copy” or “replica” somewhere on the piece (often the reverse side), many fake coins have no such disclaimer whatsoever. Additionally, many coins have intricate designs or textures that are associated with that particular coin and its series. In a sample it found 3.09% of coins were counterfeit, up from 2.94% in its previous survey. Any highly experienced coin authenticator will tell you that they often can't tell you why a given specimen is fake. Some fake two pound coins are unsophisticated copies that are easy to spot. As a consequence, a new 12-sided £1 coin was introduced into circulation on 28 March 2017. The charity worker, from Addlestone, Surrey, described the discovery as “worrying”. explains more about how we use your data, and your rights. A strange pound coin could be the first ever counterfeit quid since the new version was launched.