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the seizures of counterfeit banknotes in 2009 were residue notes in circulation
left over from the afore-mentioned operations. Intelligence suggested that most
of the counterfeit Hong Kong banknotes were produced outside Hong Kong.
Counterfeit HK$1,000 banknotes
3.28 In 2009, 212 counterfeit HK$1,000 banknotes were seized,
representing a decrease of 44.6% compared to 383 in 2008. 30 pieces (or 14.2%)
of the seized counterfeits belonged to a new variation of counterfeit Hong Kong
and Shanghai Banking Corporation Limited HK$1,000 banknotes (2000 and
2002 series) that were first detected on 10 March 2007. These counterfeits are
embedded with improved simulated security features and are of the highest
quality among counterfeits that have surfaced in Hong Kong. The 30 notes
seized represent a decrease of 76.6% compared with 2008, when 128 of these
types of notes were seized.
3.29 Most of the remaining counterfeit HK$1,000 banknotes were Offset
types (31.1% or 66 pieces), Toner types (21.7% or 46 pieces) and Spliced types
(14.2% or 30 pieces).
Counterfeit HK$500 and HK$100 banknotes
3.30 305 counterfeit HK$500 banknotes and 404 counterfeit HK$100
banknotes were seized in 2009, compared to 556 (−45.1%) and 1 029 (−60.7%)
in 2008 respectively. Due to the successful cross-boundary operations held in
mid-June 2008 (paragraph 3.27 above refers), the number of counterfeit HK$500
banknotes and counterfeit HK$100 banknotes saw a significant drop in 2009.
Counterfeit Hong Kong Coins
3.31 37 410 counterfeit HK$10 coins were seized in 2009, representing a
decrease of 36.2% compared with 58 601 coins in 2008. The number of
counterfeit HK$5 coins also decreased by 19.6% from 2 458 pieces in 2008 to
1 977 pieces in 2009. These counterfeit coins were received primarily from
public transportation companies (30.9% for HK$10 coins and 62.1% for
HK$5 coins) and local banks (43.3% for HK$10 coins and 15.5% for HK$5
coins). There has been a general decline in seizures of counterfeit Hong Kong
coins following the neutralization of a counterfeit HK$10 coin factory in Tsuen
Wan in December 2003. The decline was also attributable to the increased usage
of HK$10 banknotes and “Octopus Card”.
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