My Local Services UK
My Local Services USA
Business Discussion
Marketing Advice & Assistance
and some business banter...


Go Back   My Local Business Forum > The Business Forums > Accounts, Bookkeeping & Finance

Accounts, Bookkeeping & Finance Queries and questions about Accounts, Bookkeeping, VAT/Sales tax etc.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 27-07-10, 01:41 PM
sjr4x4's Avatar
Professional Waffler
 
Join Date: Sep 2009
Location: Bills Town, Wark's, UK
Age: 43
Posts: 5,131
Thanks: 1,076
Thanked 486 Times in 405 Posts
Facebook Profile LinkedIN Profile Twitter Profile
Exclamation If your a cash business, watch out for fakes.

Worrying stats on counterfeit UK coins.

"This was more than 23 times higher than the number seized six years earlier, MPs were told.

An estimated one in 36 £1 coins in circulation are counterfeit, prompting a campaign by the Royal Mint telling people how to spot fakes.

Key signs of counterfeits include a poorly defined ribbed edge or an indistinct design of the Queen."

"...As soon as a coin accepted in good faith is found to be counterfeit, it is immediately rendered worthless. Attempting to pass it on is an offence."

BBC News - Fake £1 coins rising in circulation, figures show

hmmm, in otherwords, plead ignorance!
__________________
cheers Steve
Forum Admin - teaboy and general gofer...

Forum Rules and FAQ's at a glance | Find me on Google+ | or even Facebook!

My Local Services - The UK and US Online Business Directory | JobsVitae - Recruitment Help and CV Creation

If you're here to spam, then expect a ban

Reply With Quote

  #2 (permalink)  
Old 27-07-10, 03:30 PM
Mark Pitts's Avatar
Entrepreneur
 
Join Date: Mar 2010
Location: Orpington in Kent
Posts: 446
Thanks: 5
Thanked 35 Times in 33 Posts
Facebook Profile LinkedIN Profile Twitter Profile
Default

Lots of these coins are accepted by most cash machines, do not try to use them on London Undergroung, they have Germany coin readers that are very accurate.

I will accept them as a tip if you are offering!

Reply With Quote
Reply

Bookmarks

Tags
counterfeit coins, royal mint



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Watch out, theres a new Mod about... sjr4x4 Stuck? Need Help or a Moderator? 6 16-07-10 03:52 PM
So is your wi-fi locked down? Watch out for dodgy search engines! sjr4x4 Computers, Coding, Websites or anything techie 2 10-06-10 10:12 PM
Cash Back Offer gatonet The Village Market 2 03-02-10 02:42 PM

PublicLiabilityInsurance.org - Public Liability Insurance    List your business for free with Qype  Try KashFlow accounts for free


All times are GMT +1. The time now is 09:42 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2012, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0
This Business Forum is owned and run by Lowi Ltd | Minerva Mill | Station Road | Alcester | Warwickshire | B49 5ET | UK | Reg: 5542028 | VAT: 871389294