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Oral question asked in the House of Commons, by Christopher Chope (Conservative). It was answered by Ian Pearson (Labour) on Thursday, 30 October 2008 on behalf of the Treasury.


Counterfeit Currency

Question
What estimate he has made of the number of counterfeit pound coins in circulation; and what steps he is taking to remove them from circulation.
Answer

The latest survey conducted by the Royal Mint indicated a potential counterfeit level of around 2 per cent. The Royal Mint continues to work closely with the police, banks and cash-in-transit companies to introduce more robust methods for detecting and removing counterfeit coins from circulation.


Secondary information

Type
Oral question
Reference
481 c1026 
231522 
Session
2007-08
Oral question type
Lead
Chamber / Committee
House of Commons chamber
Subjects
Coinage Forgery
Link
View this Oral question on www.publications.parliament.uk