1 pound: Fake or what is it?

Hello,my friends!

I have one strange coin.
This is One Pound. Not very good condition, but:



I think, that this coin is: https://en.numista.com/catalogue/pieces1387.html

But other side:

Bad condition, but year is 1989

And i think, that this side is from this coin: https://en.numista.com/catalogue/pieces1388.html


Can you help me?

Yes. This is a fake.

I think they are not Chinese no?

I have this from one swap
i dont know where my partner find it

and do you rely think, that someone can  do face coin 1 pounds???
i think its very small value to doing it

Quote: Moi_dela_horowoi think its very small value to doing it

few days ago i get a fake 50 euro cent in a shop back.

Definately fake, i would keep it though, just because its an interesting example.

An estimated amount of fake one-pound coins in circulation is somewhere around 75 million.
So no, definately not a small value to waste time on forging.
I guess its all relative. 1 pound seems small if u earn 20pounds an hour or even  pounds an hour and  seems mighty big if you earn 8 pence per hour. Also- any money that you don't have, is big enough for you if you need it.

Quote: KartWayDefinately fake, i would keep it though, just because its an interesting example.

An estimated amount of fake one-pound coins in circulation is somewhere around 75 million.
So no, definately not a small value to waste time on forging.
I guess its all relative. 1 pound seems small if u earn 20pounds an hour or even  pounds an hour and  seems mighty big if you earn 8 pence per hour. Also- any money that you don't have, is big enough for you if you need it.

Yes(((
I have it in my collection, but i dont know what place put this coin =) Token or coin =)

Quote: kommodoreI think they are not Chinese no?

While China pumps out a lot of fakes, they are mostly cast bronze and nickel silver copies. Pound coins are forged in UK.

They come from everywhere. There was a big mint in holland shut down that was pumping out fake £1 coins ! Apparently it was just as good as the royal mint technology wise :O

I dont think it is fake, just looks heavily used.

Read the coin information. It is definitely a fake.

Ben is right, the obverse & reverse do not match, it is a common error among counterfeit £1 coins.

Who mints the money in the UK? Private company, or government entity?

(In USA it is in private hands)

I personally see nothing illegal about counterfeit money if the place that normally makes it, is in private hands. They print or mint it as "They" need it, but if anyone else does, they do not. However if it is regulated, and all on the "Up and up" Then I agree it is not cool to drive inflation like that.

Looks like a pretty crude fake too, or is that just the damage on the coin making it look so crudely made?

I think the damage is intentional to age the coin.

I believe the royal mint is private however they will be chartered to mint coins thus making it a legal deal.

For this you think that I agree, I also think so, we are the same.




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I agree with Kenny: -They are not chinese; the chinese do it better.
It is probably a local fake.

I recall a few years ago, A group of forgers were making these of zinc alloy (Monkey metal that's used for cheap castings) were caught, they were casting them in millions and painting them with gold coloured paint!!!    


John  

It appears that a considerable part of fake british pounds was minted in Amsterdam.

Here's link to a dutch crimesite with more details. The article is in dutch, ask Google to translate.

There are a few with this reverse design at: http://ukfakeanderrorcoins.50webs.com/FLAX.HTML. You may well find the edge motto corresponds to one of the three types appearing on that webpage. There are quite a lot out there that seem to have been made circa 2000 with these three 'brands' of edge motto, or a Welsh one, and various reverses and dates. I don't know if they were all made by one gang but they do seem to have used fairly similar, if not identical, blanks of a very realistic-looking metal. There is a journal paper from 2007 ("Gagg & Lewis") that discusses how an example of these (with one of those three "DECUS..." brands) was so accurate for metal and dimensions, no existing coin machines could filter it out.

1 pound coin is one of the most fakemade  circulation  piece . At least   through whole my numismatic career  I seen about dozen of them in  different periods from 1985 to  ourdays