211,100 Counterfeit Euro Coins Seized in 2007

by CoinNews.net on January 11, 2008 · 1 comment

The coin counterfeited the most was the 2-euroThe number of counterfeit euro coins increased in 2007 by 29% over 2006. The European Commission reported 211,000 counterfeit coins were pulled from circulation by authorities compared to 163,800 in 2006.

The coin counterfeited the most was the 2-euro, which accounted for over 85% of the total.

Overall, approximately 585,000 counterfeit coins have been take out of circulation since the use of euro coins began back in 2002. Although the numbers would seem to appear alarming, the European Commission points out several positive factors:

  • The rate of increase slowed compared to 2006
  • The counterfeit coins are a small percentage of the 75 billion genuine euro coins in circulation
  • The total in fake euro coins discovered is actually less than what participating countries experienced before the euro

Counterfeit Euro Coins by Year and Denomination

Year 50-cent 1-euro 2-euro Total
2007 13,000 16,200 181,900 211,100
2006 8,300 14,100 141,400 163,800


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{ 1 comment… read it below or add one }

Koichi Ito January 12, 2008 at 5:31 am

For Beginners, Don’t mess with Euros! It is much harder to counterfeit or replica Euro Coins or Notes than U.S. Dollar Coins and Dollar Bills. My advise for beginners is to stick with U.S. Dollar for Counterfeiting.

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