1. Identifying a fake paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have actually totally changed paper notes considering that 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 anticipates to have provided a ₤ 50 polymer note.
However with paper notes still in flow and polymer notes having extra security features to make them harder to fake, what should you be looking out for to find if your cash is phony?
First, 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 an unique material, so make sure you inspect how the paper feels.
An authentic 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 throughout the paper note and if it's genuine, you ought to be able to feel the raised print on areas 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 metal 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 information on identifying fake 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 as much as the light it should look like a constant dark line.
This appears as brilliant green dashes on counterfeit money for sale the front of ₤ 50 notes.
Each dash is in fact a window which contains images of the '₤' symbol and the number '50'. When the note is slanted 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 places.
4. Examine the watermark.
If you hold a genuine note up to the light, you should see an image 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 ensure you check the detail thoroughly.
If the quality is bad or untidy, you've got yourself a phony!
6. Check under ultra-violet light.
This isn't so convenient if you have actually simply been provided a banknote in a shop, but 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 genuine offer, its value will appear in intense red and green numbers while the background will be dull on the other hand.
The paper ₤ 20 and ₤ 50 notes also have bright red and green flecks arbitrarily spread out over the front and back of the note.
7. Use a magnifying glass.
Utilize a magnifying glass to look closely at the lettering beneath the Queen's portrait. On an authentic note, ornamental swirls define the worth of the note in little letters and numerals.