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Written question asked by Nigel Evans (Conservative) on Tuesday, 24 February 2004, in the House of Commons. It was due for an answer on Monday, 1 March 2004. It was answered by Ruth Kelly (Labour) on Monday, 1 March 2004 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, what additional security measures are being considered for new batches of £1 coins to tackle problems of counterfeit coins.
Answer

Mr. Evans: To ask the Chancellor of the Exchequer what additional security measures are being considered for new batches of £1 coins to tackle problems of counterfeit coins. [156986] Ruth Kelly: The only effective option would be to introduce a new £1 coin. However, at present, given the very low incidence of counterfeit £1 coins by international monetary standards, it would not present a good value for money case to replace the existing coin.


Secondary information

Type
Written question
Reference
418 c686W;418 c706-7W; 156986
Session
2003-04
Subjects
Coinage Forgery Money Security
Link
View this Written question on www.publications.parliament.uk