Bimetallic coins have been regarded as more secure because they are more difficult to manufacture. But Chinese forgers may have
cracked the code. This article from The Times discusses the seizure of a shipment of nearly perfect bimetallic fakes. -Editor
security of the £2 coin is under threat from a Chinese criminal gang which has mastered the intricate engineering techniques that lie behind its
The Shanghai-based outfit has worked out how to produce near- perfect copies of bi-metallic coins — such as euros and the £2 piece — and has been
flooding Europe with high-quality counterfeits.
In September, Italian police seized a shipment of fake euro coins with a face value of €500,000 hidden inside a consignment of metal pipes in the
port of Naples.
The single seizure far outstripped the number of counterfeit coins seized across the European Union.
To read the complete article (subscription required), see:
Chinese forgers create ‘perfect’ £2 coins
Wayne Homren, Editor
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