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The old £1 coins must have been ridiculously easy to fake. I once worked in an office where the vending machine gave change, and about 1 in every 10 £1 coins it gave out was obviously counterfeit. I made a little collection of them because I found them interesting.
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The City of New York used to auction off all the slugs it collected from parking meters. Granted - no guarantee that they worked. But it always seemed short-sighted to me that all that illegal change you collected? ...yeah, let's get that right back into circulation. The US Mint was so eager to get dollar coins in circulation that they'd let you buy them with a credit card and ship them to you for free. As you might imagine that was taken advantage of.