Fake Coins? FTW!!!!

I know this is old news, but really it only happens in the Philippines. Fake 10 , 5 and 1 peso coins are still in circulation.

I commute everyday and everytime I receive my change I get at least a piece of fake coin. haay, from now on, I won't accept fake coins and if I get hold of one I'd just keep it and when it reach a certain amount, I'll surrender it to a qualified bank.

It's time that we do something about it.

how to determine fake coins...

According to authorities, fake coins are rough in texture whereas genuine coins are smooth, and the 1, 5 and 10 peso coins are composed of copper, nickel, aluminum and zinc while their fake counterparts are made of steel so they stick to magnets. So carrying a little piece of magnet around can help you check the coins that you have.