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PURPORTED GENUINE POUND COIN - IS IT A FAKE, TOO?Dave Lange, Research Director at Numismatic Guaranty Corporation (NGC) writes:
Regarding the counterfeit one-pound coins circulating in the UK, the image of the 2002 example illustrated in the article as genuine likewise appears to be a fake. Perhaps, it's just a bad photo, but it doesn't look good to me.
While spending last summer working in London, I could see that the one pound coin was the workhorse of the economy. Virtually every example that came through my hands was well worn, and many of them looked dodgy to me. But without higher grade specimens to compare against, discerning counterfeits was difficult for me. The article's points are well taken and do provide diagnostics for determining fakes. But that doesn't mean that if a coin passes those tests it's necessarily real. I think Dave's right to be suspect. -Editor
Wayne Homren, Editor
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