Euro coins are well protected against counterfeiting by several security features. Overall levels of counterfeiting have been relatively low.
However because each country's euro coins – with distinctive designs – are legal tender across the eurozone, common rules and coordination are needed to ensure anti-counterfeiting measures are equally effective in all countries. OLAF has a particular role in coordinating national measures.
Coordination – European Technical and Scientific Centre (ETSC)
OLAF's European technical and scientific centre supports national efforts to combat counterfeiting of coins by:
coordinating technical measures, in particular the analysis and classification of the major categories of counterfeit euro coins (common classes)
providing Coin National Analysis Centres and police authorities with direct technical assistance
Regulation 1210/2010 on euro-coin authentication & handling of coins unfit for circulation [734 KB] introduces specific obligations for national authorities, banks and other credit institutions to ensure equal standards are applied throughout the eurozone. It also includes rules on the handling of coins that are unfit for circulation, as a result of long use, accident or damage.
Coin-processing machines
Coin authentication relies mainly on coin-processing machines used in cash-sorting centres.
Manufacturers of coin-processing machines can obtain more information on detection tests, test sites and standard declarations of conformity from the ETSC (see above).