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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 his latest estimate is of the number of counterfeit £1 coins in circulation in the UK. - Inc figure.
Answer

Mr. Evans: To ask the Chancellor of the Exchequer what his latest estimate is of the number of counterfeit £1 coins in circulation in the UK. [156990] Ruth Kelly: The Royal Mint conducts annual surveys to establish the incidence of £1 counterfeit coins. The most recent survey in December 2003 indicated a counterfeit rate of just under 1 per cent.--almost identical to the previous year's results. Anecdotal evidence from cash handlers suggests that the real level of counterfeits may be substantially lower.


Secondary information

Type
Written question
Reference
418 c687W;418 c707W; 156990
Session
2003-04
Subjects
Coinage Forgery
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk