7 Commonly Counterfeited Currencies
TOP Counterfeited Currencies The United Kingdom got a new one-pound coin today. The new coin has 12 sides, one hologram, and a secret high-tech feature that prevents it from being copied, according to the Royal Mint that produces the coins. Counterfeit currency is nothing new. It’s an issue that has plagued most currencies — from the U.S. dollar to the Mexican peso to the Chinese yuan — forcing governments to consider a more secure design as well as getting rid of some bills altogether. In the world of counterfeit money, the most common culprits are the 20s, be they pounds, dollars, euros, or pesos. Here's a look at how different countries handle counterfeit currency: 1 . U.K. coins In the U.K., counterfeiters have also honed in on the coin market. The Royal Mint estimated that about 2.5 percent of 1.6 billion of 1 pound coins are fake — that means there are millions of pounds in fake coins in cash registers and wallets across the U.K....