Yeah, I do get your point, I think though that the value of currency is more to do with trusting the backers&#x2F;issuers of the money, rather than any <i>direct</i> relation to counterfeiting. If counterfeiting becomes too rife, then that will start to damage the trust of the money issuers. The relationship is complicated though.<p>The UK £1 counterfeit rate is almost unbelievably high, but the key point is that individuals aren&#x27;t really affected by it. The coins are all &#x27;good enough&#x27; that you are unlikely to ever have any rejected by a shop, so the end result is no-one cares about it. (Incidentally, it&#x27;s actually <i>harmful</i> to check your own cash for counterfeits, since spending counterfeit money is a crime, but ignorance is an accepted defence.)<p>(I don&#x27;t know where the buck stops. Do banks check for counterfeit coins and reject them from shop&#x27;s cash deposits? I&#x27;m absolutely not trying to say that counterfeiting coins is a victimless crime, just wondering whether everyone shares the cost or whether it eventually catches up with one unlucky party)