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1. Finding a fake paper or polymer note

Polymer ₤ 5 and ₤ 10 notes have actually entirely changed paper notes considering that 2018, while this year has seen the release of polymer ₤ 20 notes into blood circulation.

All notes will be polymer by the end of 2021, when the Bank of England anticipates to have actually released a ₤ 50 polymer note.

But with paper notes still in circulation and polymer notes having extra safety functions to make them harder to fake, what should you be watching out for to spot if your money is fake?

First, let's look at how to find a fake paper banknote. If you're specifically interested in spotting fake plastic notes, scroll straight to point 8.

These are printed on an unique product, so ensure you examine how the paper feels.

A genuine banknote has a cloth-like feel, while a phony note will feel more like basic 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 locations 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. Check the metallic thread.

A metallic thread is embedded in every paper banknote.

This appears as silver dashes on the back of paper ₤ 20 and ₤ 50 notes (see more info on identifying phony 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 as much as the light it need to appear as a continuous dark line.

This appears as brilliant green dashes on the front of ₤ 50 notes.

Each Buy counterfeit money online dash is in fact a window which contains images of the '₤' sign and the number '50'. When the note is slanted from side to side, the images move up and down.

When the note is tilted up and down, the images move from side to side and the number '50' and '₤' symbol swap places.

4. Check the watermark.

If you hold an authentic note as much as the light, you need to 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 most likely to be a dodgy note.

5. Examine the print quality.

The printed lines and colours on genuine notes will be detailed and sharp and free from spots or blurred edges. So make certain you examine the information thoroughly.

If the quality is poor or messy, you've obtained a fake!

6. Check under ultra-violet light.

This isn't so useful if you have actually just been given a banknote in a shop, however if you're truly identified to find out whether your note is phony or authentic, put it under ultra-violet light.

If it's the real 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 also have bright red and green flecks arbitrarily spread over the front and back of the note.

7. Utilize a magnifying glass.

Utilize a magnifying glass to look closely at the lettering underneath the Queen's portrait. On a real note, decorative swirls define the value of the note in little letters and numerals.

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