1. Identifying a phony paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have completely changed paper notes given that 2018, while this year has actually 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 actually provided a ₤ 50 polymer note.
But with paper notes still in blood circulation and polymer notes having extra safety functions to make them harder to fake, what should you be looking out for to identify if your money is phony?
First, let's take a look at how to spot a fake paper banknote. If you're particularly interested in identifying phony plastic notes, scroll straight to point 8.
These are printed on a special product, so make sure you inspect 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 need 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. Examine the metallic 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 info on identifying phony 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 up to the light it must look like a continuous dark line.
This appears as bright green dashes on the front of ₤ 50 notes.
Each dash is actually a window which contains pictures of the '₤' sign and the number '50'. When the note is tilted from side to side, the images move up and down.
When the note is slanted up and down, the images move from side to side and the number '50' and '₤' sign swap locations.
4. Examine the watermark.
If you hold a real note as much as the light, you must 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 real notes will be detailed and Buy counterfeit money online sharp and devoid of spots or blurred edges. So ensure you check the information carefully.
If the quality is bad or unpleasant, you've got yourself a phony!
6. Inspect under ultra-violet light.
This isn't so useful if you've simply been offered a banknote in a store, however if you're truly identified to discover whether your note is fake or real, 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 in contrast.
The paper ₤ 20 and ₤ 50 notes likewise have brilliant red and green flecks arbitrarily spread over the front and back of the note.
7. Utilize a magnifying glass.
Use a magnifying glass to look carefully at the lettering beneath the Queen's picture. On a real note, decorative swirls spell out the worth of the note in small letters and characters.