1. Identifying a fake paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have entirely replaced paper notes since 2018, while this year has seen the release of polymer ₤ 20 notes into flow.
All notes will be polymer by the end of 2021, when the Bank of England expects to have issued a ₤ 50 polymer note.
But with paper notes still in flow and polymer notes having additional safety functions to make them more difficult to fake, what should you be looking out for to find if your money is fake?
First, let's look at how to spot a fake paper banknote. If you're particularly interested in finding fake plastic notes, scroll straight to point eight.
These are printed on an unique product, so ensure you check how the paper feels.
A genuine banknote has a cloth-like feel, while a phony note will feel more like basic paper.
₤ 50 banknote (Image: Bank of England).
2. Raised print.
Run your finger across the paper note and if it's authentic, you ought to be able to feel the raised print on locations such as the words 'Bank of England' on the front.
If it's a counterfeit, the note is not likely to have a textured feel to it and will feel flat all over.
3. Examine the metallic thread.
A metal thread is embedded in every paper banknote.
This looks like silver dashes on the back of paper ₤ 20 and ₤ 50 notes (see more info on spotting phony paper ₤ 20 notes on this Bank of England page).
The thread is woven through the paper-- not just printed on-- so when you hold it approximately the light it ought to look like a continuous dark line.
This looks like brilliant green dashes on the front of ₤ 50 notes.
Each dash is in fact a window which contains pictures of the '₤' symbol and the number '50'. When the note is slanted from side to side, the images go up and down.
When the note is tilted up and down, the images move from side to side and the number '50' and Buy counterfeit money online '₤' symbol swap places.
4. Inspect the watermark.
If you hold a real note up to the light, you need to see a picture of the Queen's portrait.
However, 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. Examine the print quality.
The printed lines and colours on genuine notes will be detailed and sharp and complimentary from spots or blurred edges. So make sure you check the detail carefully.
If the quality is poor or messy, you have actually obtained a fake!
6. Examine under ultra-violet light.
This isn't so convenient if you have actually simply been offered a banknote in a store, however if you're actually figured out to discover out whether your note is fake or genuine, put it under ultra-violet light.
If it's the real offer, its value will appear in brilliant red and green numbers while the background will be dull on the other hand.
The paper ₤ 20 and ₤ 50 notes likewise have brilliant red and green flecks randomly spread over the front and back of the note.
7. Utilize a magnifying glass.
Utilize a magnifying glass to look closely at the lettering beneath the Queen's picture. On a real note, ornamental swirls spell out the worth of the note in small letters and characters.