December 22, 20169 yr Police in Udon Thani warn of fake 10-baht coins UDON THANI: -- Udon Thani police have warned members of the public to be aware of fake 10-baht coins after a convenience store filed a complaint with Muang district police that it received 300 fake 10-baht coins from a woman who asked for exchange of banknotes. An employee of 7-Eleven convenience store in front of Rajabhat Udon Thani University told the police that a woman, aged between 30-35, walked into the store on Thursday and asked to exchange her ten-baht coins in 30 plastic bags of ten coins each. Full story: http://englishnews.thaipbs.or.th/police-udon-thani-warn-fake-10-baht-coins/ -- © Copyright Thai PBS 2016-12-23
December 22, 20169 yr Fake 10 baht coins? How much per coin would it cost to fake them? How many would a forger need to fake in order to make it worthwhile profitwise?
December 22, 20169 yr Greed or survival?.........Strong economy, record tourist numbers, happiness returned???
December 22, 20169 yr Reminded of the story of the chap who spent ages, at the time of UK decimalisation, filing down 50 pence pieces to make half crowns.
December 23, 20169 yr 1 hour ago, Bluespunk said: Fake 10 baht coins? How much per coin would it cost to fake them? How many would a forger need to fake in order to make it worthwhile profitwise? Again, you're asking the locals to use common sense and arithmetic... who's ever behind this brilliant idea is probably not an economist and he's there for the thrill of faking the coins for the good feel of it....
December 23, 20169 yr From the picture they don't look very good and are of poor quality. Unlike the 1 pound coins in the UK they were difficult to spot and people used them for tolls and vending machines as they weighed the same. I will be on the look out for them now I know.
December 23, 20169 yr 2 hours ago, ezzra said: Again, you're asking the locals to use common sense and arithmetic... who's ever behind this brilliant idea is probably not an economist and he's there for the thrill of faking the coins for the good feel of it.... "...........you're asking the locals to use common sense and arithmetic". Much akin to asking military "economists" to use commonsense and arithmetic instead of faking financial statistics for national pride and the good feel of it.
December 23, 20169 yr Evidently people don't turn to petty crime because of their superior intelligence.
December 23, 20169 yr 59 minutes ago, Sphere said: Is it still possible to use them in Europe instead of 2 Euro coins? Yes, but not anymore with vending machines I think. I know a low life who has 2 flower shops in Europe who managed to use hundreds of them when giving back change to customers.
December 23, 20169 yr Wow! One of the funniest stories in a while. I hope they are using very cheap labor, and stolen materials. They can party like 1 night a week on that
December 23, 20169 yr The forgers obviously attended a school for business in Thailand. Tooling costs, plus manufacture costs, plus material costs, plus, plus plus, would probably give an end product cost of around 12 Baht per unit Thai business skills - dont you just love it ?
December 23, 20169 yr Genuine 10 Baht coins are very similar to 2 Euro coins - have not tried them in parking meters etc but I use them for (refundable) supermarket and airport trollies.
December 23, 20169 yr 1 hour ago, Redline said: Wow! One of the funniest stories in a while. I hope they are using very cheap labor, and stolen materials. They can party like 1 night a week on that Probably a chancer from Udons CCs farlang community, who fell over a Fly Press . Evert bit helps . 555
December 23, 20169 yr 14 hours ago, Sphere said: Is it still possible to use them in Europe instead of 2 Euro coins? Older cigarettmachines in Spain takes them, not all but worth a try.
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