1. Finding a phony paper or polymer note
Polymer ₤ 5 and ₤ 10 notes have actually entirely replaced paper notes since 2018, while this year has actually seen the release of polymer ₤ 20 notes into flow.
All notes will be polymer by the end of 2021, when the Bank of England expects to have actually provided a ₤ 50 polymer note.
But with paper notes still in flow and polymer notes having additional security features to make them harder to fake, what should you be looking out for to find if your cash is phony?
First, let's look at how to find a fake paper banknote. If you're specifically thinking about finding fake plastic notes, scroll straight to point 8.
These are printed on a special material, so make sure you examine how the paper feels.
A real banknote has a cloth-like feel, while a fake 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 real, you should be able to feel the raised print on areas 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 metal thread.
A metal thread is embedded in every paper banknote.
This looks like silver dashes on the back of fake money for sale paper ₤ 20 and ₤ 50 notes (see more details on identifying fake 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 approximately the light it should look like a constant dark line.
This looks like bright green dashes on the front of ₤ 50 notes.
Each dash is actually a window which consists of pictures of the '₤' sign and the number '50'. When the note is slanted from side to side, the images go up and down.
When the note is slanted up and down, the images move from side to side and the number '50' and '₤' sign swap locations.
4. Inspect the watermark.
If you hold an authentic note as much as the light, you must see a picture of the Queen's portrait.
However, if you can still see the watermark when the note is flat and not held up to the light, it's likely to be a dodgy note.
5. Check the print quality.
The printed lines and colours on real notes will be detailed and sharp and devoid of spots or blurred edges. So make sure you check the detail thoroughly.
If the quality is bad or untidy, you've got yourself a fake!
6. Check under ultra-violet light.
This isn't so handy if you've simply been offered a banknote in a shop, but if you're truly identified to find out whether your note is phony or real, put it under ultra-violet light.
If it's the genuine offer, its value will appear in intense red and green numbers while the background will be dull on the other hand.
The paper ₤ 20 and ₤ 50 notes likewise have intense red and green flecks arbitrarily spread out over the front and back of the note.
7. Utilize a magnifying glass.
Use a magnifying glass to look closely at the lettering below the Queen's portrait. On an authentic note, decorative swirls spell out the worth of the note in small letters and characters.