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Gardaí Warn About Fake €2 Coins

Gardai have issued a warning about fake €2 coins. Officers in Raheny in Dublin seized coins with an...
Ben Finnegan
Ben Finnegan

12:12 PM - 3 Aug 2022



Gardaí Warn About Fake €2 Coin...

News

Gardaí Warn About Fake €2 Coins

Ben Finnegan
Ben Finnegan

12:12 PM - 3 Aug 2022



Gardai have issued a warning about fake €2 coins.

Officers in Raheny in Dublin seized coins with an apparent value of almost €3,000 at the end of July.

They say it's the first large seizure of counterfeit coins in this jurisdiction.

 

As a result of the operation, one person was charged and brought before the courts, and assets worth almost €74,000 have been frozen in bank accounts.

Gardai say fake coins have poor quality image detail, letters are often missing or feature incorrect spelling or font, and some counterfeit coins can bend.

There are different tests you can do to make sure a €2 coin you have is the real deal like using magnets. An Garda Síochana says: "Genuine €2 and €1 coins are slightly magnetic.

"Using a magnet you should be able to lift the coin up, but with the weight of the coin and the slight magnetism you should be able to shake the coin off the magnet with ease.

"Most counterfeit €2 and €1 coins are either very magnetic, non-magnetic, or just the ring is magnetic due to the materials used.

"Genuine 50 cent coins are non-magnetic.

"You could also compare the suspect note or coin with a known genuine specimen."



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Counterfeit Fake Fake Coins Fraud Garda Gardai

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