Author Topic: Foisting fraudulent forgeries on foreigners  (Read 1273 times)

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Offline Figleaf

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Foisting fraudulent forgeries on foreigners
« on: October 30, 2007, 05:23:27 PM »
More forged euros in circulation

29-10-2007 | Published 12:34

Forgers in Italy and Turkey are producing ever more fraudulent pieces of two euros. The Royal Mint in Belgium has collected 18 000 fakes, presumably from these two countries.

These are not yet alarming quantities. However, the rise is remarkeable. In 2002, one false two euro coin was found in Belgium. This year, the Belgian Mint expects to find around 20 000.

The European Commission reported last year that in 2005 aal over the EU 100 000 forgeries had been impounded. In relation to a grand total of 63 billion coins this is not much.

The Commission warned that the forgeries are becoming better, though. The latest were almost indistinguisheable fromreal coins. The forgers have a great preference for coins with a German side.

The Dutch ministry of finance reported that last year an estimated 25 000 fakes had been collected in the Netherlands. "This year, we expect about as many. The problem is so small that it has no priority for us" the press scretary of the ministry said.

Dutch source: Z24
An unidentified coin is a piece of metal. An identified coin is a piece of history.