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Fake €2 coins: Here's how to tell if your cash is counterfeit

People are being asked to be on the lookout for fake €2 coins.
Michael Staines
Michael Staines

13.55 3 Aug 2022


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Fake €2 coins: Here's how to t...

Fake €2 coins: Here's how to tell if your cash is counterfeit

Michael Staines
Michael Staines

13.55 3 Aug 2022


Share this article


People are being asked to be on the lookout for fake €2 coins.

It comes after Gardaí in Raheny found hundreds of the coins during searches in the area at the end of July.

Gardaí said people should be on the lookout for coins that:

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  • Are of poor quality image detail.
  • Have a different colour ring and/or core.
  • Have missing edge lettering.
  • Have incorrect spelling or a different font.
  • Are different sizes.
  • Have a different thickness or diameter.
  • Have a different sized ring or core.
  • Are of a different weight.

At times a magnifying glass may be required to detect the differences.

You can also prove a coin is counterfeit by bending it or testing it with a magnet. A genuine €2 coin should be slightly magnetic but able to shake off the magnet with ease.

If you believe you have a counterfeit coin you are obliged to submit it to Gardaí, a financial institution or the Central Bank.

In all, the coins discovered in Raheny had an apparent face value of €2,920.

Gardaí said it is Ireland’s first-ever large-scale seizure of counterfeit coins.

Counterfeit coins seized in Raheny. Image: Mairéad Cleary/Newstalk Counterfeit coins seized in Raheny. Image: Mairéad Cleary/Newstalk

One person was charged in connection with the Raheny operation and brought before the courts last month.

Meanwhile, assets to the value of €73,986.62 have been frozen in bank accounts.

The Central Bank provides advice and information on identifying counterfeit currency on its website.


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