1. Spotting a fake paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have entirely replaced paper notes given that 2018, while this year has seen the release of polymer ₤ 20 notes into blood circulation.
All notes will be polymer by the end of 2021, when the Bank of England expects to have actually released a ₤ 50 polymer note.
But with paper notes still in flow and polymer notes having extra safety features to make them more difficult 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 finding phony plastic notes, scroll directly to point 8.
These are printed on a special material, so ensure you inspect how the paper feels.
A genuine banknote has a cloth-like feel, while a fake note will feel more like standard paper.
₤ 50 banknote (Image: Bank of England).
2. Raised print.
Run your finger throughout the paper note and if it's real, you should be able to feel the raised print on areas such as the words 'Bank of England' on the front.
If it's a counterfeit, the note is not likely to have a textured feel to it and will feel flat all over.
3. Examine the metal thread.
A metal thread is embedded in every paper banknote.
This looks like silver dashes on the back of paper ₤ 20 and ₤ 50 notes (see more information 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 as much as the light it should appear as a continuous dark line.
This appears as bright green dashes on the front of ₤ 50 notes.
Each dash is actually a window which contains images of the '₤' symbol and the number '50'. When the note is tilted from side to side, the images go 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. Inspect the watermark.
If you hold an authentic note as much as the light, you ought to see an image of the Queen's portrait.
However, if you can still see the watermark when the note is Buy counterfeit money online 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 sharp and devoid of spots or blurred edges. So ensure you check the detail thoroughly.
If the quality is bad or untidy, you've obtained a phony!
6. Examine under ultra-violet light.
This isn't so helpful if you've just been offered a banknote in a store, but if you're really figured out to learn whether your note is fake or genuine, put it under ultra-violet light.
If it's the genuine offer, its value will appear in bright 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 picture. On an authentic note, decorative swirls define the value of the note in little letters and numerals.