1. Spotting a phony paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have entirely replaced paper notes since 2018, while this year has actually seen the release of polymer ₤ 20 notes into circulation.
All notes will be polymer by the end of 2021, when the Bank of England anticipates to have actually issued a ₤ 50 polymer note.
However with paper notes still in blood circulation and polymer notes having additional safety functions to make them harder to counterfeit, what should you be keeping an eye out for to find if your money is fake?
Initially, let's look at how to find a phony paper banknote. If you're particularly interested in finding phony plastic notes, scroll directly to point 8.
These are printed on a special material, so ensure you examine how the paper feels.
A genuine banknote has a cloth-like feel, while a fake note will feel more like standard paper.
₤ 50 banknote (Image: Bank of England).
2. Raised print.
Run your finger across the paper note and if it's authentic, you need to be able to feel the raised print on areas such as the words 'Bank of England' on the front.
If it's a counterfeit, the note is unlikely to have a textured feel to it and will feel flat all over.
3. Inspect the metallic thread.
A metallic thread is embedded in every paper banknote.
This appears as silver dashes on the back of paper ₤ 20 and ₤ 50 notes (see more info on identifying phony paper ₤ 20 notes on this Bank of England page).
The thread is woven through the paper-- not simply printed on-- so when you hold it approximately the light it should appear as a constant dark line.
This looks like intense green dashes on the front of ₤ 50 notes.
Each dash is actually a window which contains pictures of the '₤' sign and the number '50'. When the note is slanted from side to side, the images go up and down.
When the note is slanted up and down, the images move from side to side and the number '50' and '₤' symbol swap places.
4. Check the watermark.
If you hold a genuine note up to the light, you should see an image of the Queen's portrait.
Nevertheless, if you can still see the watermark when the note is flat and not held up to the light, it's most likely to be a dodgy note.
5. Inspect the print quality.
The printed lines and colours on authentic notes will be detailed and sharp and devoid of smudges or blurred edges. So make sure you check the information thoroughly.
If the quality is poor or messy, you have actually obtained a fake!
6. Check under ultra-violet light.
This isn't so handy if you have actually simply been provided a banknote in a shop, however if you're truly identified to discover whether your note is phony or authentic, put it under ultra-violet light.
If it's the real deal, its worth will appear in brilliant red and green numbers while Buy counterfeit money online the background will be dull in contrast.
The paper ₤ 20 and ₤ 50 notes likewise have brilliant red and green flecks randomly topped the front and back of the note.
7. Use a magnifying glass.
Utilize a magnifying glass to look carefully at the lettering beneath the Queen's picture. On an authentic note, decorative swirls define the value of the note in little letters and numerals.