so they're talking about an apparent huge rise in the number of fake £1 coins on BBC breakfast news.

they had An Expert in talking about the situation and how to tell a fake £1 coin from a real £1 coin, and he said that the coins were only worth the scrap metal they were made from.

however, since the gold standard was abandoned and a chunk of our gold reserves sold off, surely this is true of all coins? money only has a value because people have trust that when they take a £1 coin off you, they'll be able to redeem it for £1s worth of services elsewhere, right? RIGHT?

is it too early for this sorta thing?