The E-Sylum:  Volume 9, Number 44, October 29, 2006, Article 16

COUNTERFEIT COINS CIRCULATING IN THE PHILLIPPINES

On October 27th the Mindanao Daily Mirror reported that counterfeit
coins have been circulating in the Philippines:

"The proliferation of fake coins was brought to the public's attention
after a Manila businessman turned over the P10 coins which he allegedly
got from Taiwanese men who used to change his peso bills to coins."

"The counterfeit P10 coin is bigger than the genuine. It has a rough
texture unlike the genuine coins which are smooth. Balan said it is
easier to detect fake P10 coins because they stick to magnets while
the real P10 coins do not stick to magnets.

The counterfeit P5 coin is more difficult to detect because one has
to closely examine the coin to notice the differences. One indication
is that real P5 coins have twelve scallop border designs that are
equal in size while the fake P5 coins have unequal designs."

To read the complete article, see: Full Story

  Wayne Homren, Editor

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