Published On: Wed, Apr 12th, 2017

Central Bank: Fake five guilder coins in circulation

CoinsWILLEMSTAD - The Central Bank of Curaçao and Sint Maarten has determined that there are fake 5 guilder coins in circulation.

This is about counterfeit coins with the year 1998 and 1999. These coins are slightly smaller or slightly larger the real currency. The difference in size is at first sight not clear.

One of the security features of the 5 guilder coins (this also applies to the 1 guilder coins) is that they are magnetic. This means that they cling to a magnet. This is not the case with the counterfeit coins.

The Bank warns the public to pay attention when receiving five guilder coins.

The Bank says that it might be unnecessary to mention but it is illegal for any person and/or institution to accept or distribute fake coins. The Bank advises everyone to call the police immediately if they think they received counterfeit coins.

There is a prison sentence of maximum nine years for those who are found guilty of this serious crime.

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