‘TWO EUROS’ TOPS EU FAKE COINS TABLE
February 1st, 2013
ONE (0.001%) in every 100,000 coins denominated in Euros and handed in or detected by the authorities is counterfeit, data from the European Commission show. The EUR2 coin is the most faked, representing two out of every three dodgy coins removed from circulation. In January, for instance, Italian police dismantled a mint-shop producing counterfeit EUR2 coins and seized blanks destined to produce up to EUR22,000 in counterfeit one and two Euro coins. The value of seized coins increased 17% to EUR184,000 last year. “Current criminal rules need to be strengthened ...
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