Following reports from shops in Nailsworth that forged £50 notes had been given to their business yesterday, a full guide to how to identify a forged note has been compiled by the paper below.
Several shops in Nailsworth reported that a male had been attempting to buy low value items with a £50 note, prompting business-owners to take to the Facebook group Nailsworth Chat & Information yesterday (Tuesday) to warn others.
At least half a dozen of the shops in the town claimed to have been targeted by a solo young male - who tried to convince a sales assistant at the Shell Garage that he had just got the note from the bank.
Following the petrol station attempt further shops in the town came forward including the pet shop and Brutons hardware shop - all of whom said that a young male, had been attempting to use the "obviously fake" note.
Now shopkeepers across the areas are being advised to stay alert in case further towns are targeted.
Here's how to identify if a £50 note is the real deal:
- Check the motion thread image flip: Tilt the note up and down or side to side, check the images on the motion thread flip between a '£' symbol and the number 50
- Check the bright denomination in the watermark: Hold the note up to the light, check for a bright ‘£50’ next to the Queen’s portrait.
Other Security features:
- Check the paper and raised print: Paper banknotes are printed on special paper that
- Check the metallic thread: There is a fully embedded metallic thread in the
- Check the print quality: The printed lines and colours on the note are
- Check the microlettering: Using a magnifying glass, look closely at the
- Check the see-through register: Hold the note up to the light and you will see
What should I do if I think I have a counterfeit note? Counterfeit notes are worthless. It is a criminal offence to knowingly hold onto or pass on counterfeit notes.
If yoususpect a note is counterfeit, take it to the police as soon as possible.
They will give you a receipt and send the note to the Bank of England for analysis.
If the Police advise that the note is not required to support a criminal investigation, present it
to your bank as a suspect counterfeit banknote.
If the note is genuine, you will be reimbursed.
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