1. Finding a fake paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have actually totally changed 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 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 fake, what should you be watching out for to find if your cash is fake?
Initially, let's take a look at how to find a phony paper banknote. If you're specifically thinking about identifying phony plastic notes, scroll straight to point 8.
These are printed on an unique product, so make sure you inspect how the paper feels.
A real banknote has a cloth-like feel, while a phony note will feel more like standard paper.
₤ 50 banknote (Image: Bank of England).
2. Raised print.
Run your finger across the paper note and if it's authentic, you must have the ability to feel the raised print on locations such as the words 'Bank of England' on the front.
If it's a counterfeit, the note is unlikely to have a textured feel to it and will feel flat all over.
3. Inspect the metallic thread.
A metallic 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 finding phony 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 up to the light it ought to look like a constant dark line.
This looks like brilliant green dashes on the front of ₤ 50 notes.
Each dash is really a window which consists of pictures of the '₤' sign and the number '50'. When the note is slanted from side to side, the images move up and down.
When the note is tilted up and down, the images move from side to side and the number '50' and '₤' symbol swap places.
4. Inspect the watermark.
If you hold a real note up to the light, you ought to see a picture of the Queen's picture.
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 fake money for sale note.
5. Examine the print quality.
The printed lines and colours on real notes will be detailed and sharp and complimentary from spots or blurred edges. So ensure you inspect the detail carefully.
If the quality is bad or unpleasant, you have actually got yourself a phony!
6. Check under ultra-violet light.
This isn't so handy if you've just been given 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 genuine deal, 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 intense red and green flecks arbitrarily topped the front and back of the note.
7. Use a magnifying glass.
Utilize a magnifying glass to look closely at the lettering below the Queen's portrait. On a genuine note, ornamental swirls spell out the worth of the note in little letters and characters.