One £1 coin in 40 is a fake
29th January 2009
Robert Matthews, who retired as Chief Assayer of the Royal Mint in 2002, said: “If the public starts losing confidence in coins and notes, you get people refusing to take them.
I have a question: Who would care? It’s not as if the coins (or notes) have any intrinsic value. If people can’t tell the difference between the “real” ones and the “fake” ones, the only people to whom it could possibly matter are government bureaucrats.