1. Spotting a fake 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 security functions to make them harder to counterfeit, what should you be keeping an eye out for to spot if your money is phony?
Initially, let's look at how to find a phony paper banknote. If you're particularly interested in spotting fake plastic notes, scroll directly to point 8.
These are printed on an unique material, so make sure you inspect how the paper feels.
A real 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 genuine, you ought to have the ability to feel the raised print on locations such as the words 'Bank of England' on the front.
If it's a fake, the note is not likely to have a textured feel to it and will feel flat all over.
3. Inspect the metallic thread.
A metal thread is embedded in every paper banknote.
This appears as silver dashes on the back of paper ₤ 20 and ₤ 50 notes (see more details on spotting fake 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 up to the light it ought to appear as a continuous dark line.
This appears as brilliant green dashes on the front of ₤ 50 notes.
Each dash is really a window which includes images of the '₤' symbol and the number '50'. When the note is tilted from side to side, the images move up and down.
When the note is tilted up and down, the images move from side to side and the number '50' and '₤' symbol swap locations.
4. Examine fake money for sale the watermark.
If you hold a real note approximately the light, you need to see a picture of the Queen's picture.
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've obtained a phony!
6. Inspect under ultra-violet light.
This isn't so useful if you've simply been provided a banknote in a shop, but if you're actually identified to discover whether your note is fake or real, put it under ultra-violet light.
If it's the genuine deal, its worth will appear in brilliant red and green numbers while 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. Utilize a magnifying glass.
Use a magnifying glass to look carefully at the lettering below the Queen's portrait. On a real note, ornamental swirls spell out the worth of the note in small letters and characters.