1. Finding a phony paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have actually completely changed paper notes because 2018, while this year has actually seen the release of polymer ₤ 20 notes into circulation.
All notes will be polymer by the end of 2021, when the Bank of England anticipates to have actually issued a ₤ 50 polymer note.
However with paper notes still in blood circulation and polymer notes having additional security functions to make them harder to counterfeit, what should you be keeping an eye out for to spot if your money is phony?
Initially, let's take a look at how to spot a fake paper banknote. If you're specifically interested in finding phony plastic notes, scroll straight to point eight.
These are printed on a special product, so make certain you check how the paper feels.
An authentic 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 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 fake, 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 Buy fake money through the paper-- not just printed on-- so when you hold it up to the light it ought to appear as a continuous dark line.
This appears as bright green dashes on the front of ₤ 50 notes.
Each dash is really a window which includes images of the '₤' symbol 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 approximately 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 likely to be a dodgy note.
5. Check the print quality.
The printed lines and colours on real notes will be detailed and sharp and devoid of spots or blurred edges. So make certain you inspect the detail carefully.
If the quality is bad or unpleasant, you have actually got yourself a fake!
6. Examine under ultra-violet light.
This isn't so convenient if you have actually just been given a banknote in a store, however if you're truly determined to learn whether your note is phony or authentic, put it under ultra-violet light.
If it's the real 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 likewise have brilliant red and green flecks randomly spread out over the front and back of the note.
7. Use a magnifying glass.
Use a magnifying glass to look carefully at the lettering below the Queen's picture. On an authentic note, decorative swirls define the value of the note in small letters and characters.