€2 Coin / South African Currency (RAND) Scam

RoyalMarine · 12-01-2010 08:40PM

phasers wrote: »

I've a friend who gets loads of Thai coins when she's there to use in vending machines

seamus wrote: »

The 10 bhat Thai coin is also used for this purpose.

It's generally Irish people who are doing this BTW - they go abroad to SA and Thailand and arrive back here with a large bag of these coins for ripping off vending machines. A 10 bhat coin is worth about 20c so if you have 500 of these, that'll cost you €100, but it's worth €1000 if you're happy to be a common criminal scumbag piece of ****.

Mr Yellow wrote: »

The thai baht is quite an old trick. Had a friend who used to work in vending related job & he informed me most vending machines are up to date now so they no longer work with dodgy coins....unfortunately!! ha.

didnt they change the machines so they weigh'd the coin before accepting it?

[quote=[Deleted User];63962158]The thai bahts dont work in machines really, well they work in the lockers in amsterdam airport, thats the last place I remember them working. You might get away with a handful of change in a night club. I got a 5 rand coin back in change some time ago. Win some lose some ; )[/QUOTE]

the best thing i found a use for them is foreign exchange. ive never seen someone check the coins or even the notes for that matter.

Run_to_da_hills · 12-01-2010 09:37PM

The Hungarian 100 Forint coin is very close to the Euro.

Overheal · 12-01-2010 09:41PM

Run_to_da_hills wrote: »

The Hungarian 100 Forint coin is very close to the Euro.

In appearance but it looks like its smaller.

Run_to_da_hills · 12-01-2010 09:52PM

Overheal wrote: »

In appearance but it looks like its smaller.

Also a shade thicker but not noticeable when intoxicated in a crowded pub, I have seen a few of these in circulation here.

Mr Yellow · 12-01-2010 10:43PM

RoyalMarineComm wrote: »

didnt they change the machines so they weigh'd the coin before accepting it?.

Correct & true

So much for the cheap life

galwayrush · 12-01-2010 10:53PM

As long as they work in the Toll Boots......:D

Animo · 12-01-2010 11:10PM

*Watches as everyone runs to the bank to exchange their euros for 5 rand coins, 10 bhat Thai coins and every other coin that looks like the €2 coin*

Motorbreath · 12-01-2010 11:28PM

Got stuck with one of these coins a couple of weeks back.

Naturally the shop attendants never notice it when they're giving you change but when you try and pay for something with it, then they notice :rolleyes:

Calibos · 12-01-2010 11:30PM

It still amazes me that people are still unaware of this. Within weeks of the introduction of physical Euro money the Turkish Lira (€1) and 10Baht(€2) scams started. That was back in '03 wasn't it? I've been telling people "Sorry Sir, thats not a euro/2euro coin" for nigh on 6 years now.

So anytime I see, "Has anyone noticed the coin scams" threads, I ask myself, "where have you been the last 6 years!!"

aDeener · 12-01-2010 11:34PM

Why did you go and highlight this? The thai coin trick is a fantastic money saver

RoyalMarine · 12-01-2010 11:36PM

Animo wrote: »

*Watches as everyone runs to the bank to exchange their euros for 5 rand coins, 10 bhat Thai coins and every other coin that looks like the €2 coin*

i dont think bank's give out foreign coins. only notes.

eg6_drift · 12-01-2010 11:45PM

me-skywalker wrote: »

well most vending machines in clubs now you have to get a token form the bar!!

yes, but you still have to put the coins in?????

13-01-2010 12:53AM

Great to see people boasting about stealing goods by paying a fraction of their price, and causing hassle for innocent people when they get fake coins back as change from vending machines. Aren't you all clever, hope you're proud of yourselves. :rolleyes:

13-01-2010 01:48AM

Motorbreath wrote: »

Got stuck with one of these coins a couple of weeks back.

Naturally the shop attendants never notice it when they're giving you change but when you try and pay for something with it, then they notice :rolleyes:

I had a similar experience recently, the shopworker held up the notes I was paying with up to check them in a very obviouse way :mad: so when I got the change I held up each and every coin in the same manner! :pac:

ashyle · 13-01-2010 02:34AM

So you're out €2?? Oh noes etc. Hardly a scam.
I used a 2 Lat coin from Latvia for the bus... my loss though because it's actually worth €3 odd.

admiralofthefleet · 13-01-2010 02:51AM

an israeli coin looks a lot like a €2 as well

13-01-2010 02:53AM

ashyle wrote: »

So you're out €2?? Oh noes etc. Hardly a scam.
I used a 2 Lat coin from Latvia for the bus... my loss though because it's actually worth €3 odd.

In Latvia, yes , here sweet FA, you still did OK.

Overheal · 13-01-2010 02:57AM

ashyle wrote: »

So you're out €2?? Oh noes etc. Hardly a scam.

*facepalm*

Alright Ma'am, please assume this is a Wide Scale Scam. For example, if 5 million Rand were used in this scam,

Normally, 5 Rand = 0.463640442, and 5 million Rand normally = 463,640.442 Euro
But now, 5 Rand = 2 Euro, and 5 Million Rand = 2,000,000 Euro

This has generated for Scammers a Net Profit of 1,536,359.56 Euro for Every million coins swapped.

Its Not a small chunk of change.

ashyle · 13-01-2010 02:58AM

Yeah used it here! I did do ok you're right!

Helix · 13-01-2010 03:15AM

Patricide wrote: »

Also works with the canadian 2 dollar coin afaik.

nah, theyre thinner

have one of each in front of me

pebbles21 · 13-01-2010 03:34AM

HAH! I went to Rhodes last year on my hols and brought backs loads of coins and guess what?

Every last one of them worked in the vending machines and pubs over here!!!

Suckers :P:P

ashyle · 13-01-2010 04:13AM

Overheal wrote: »

Alright Ma'am, please assume this is a Wide Scale Scam. For example, if 5 million Rand were used in this scam,

Normally, 5 Rand = 0.463640442, and 5 million Rand normally = 463,640.442 Euro
But now, 5 Rand = 2 Euro, and 5 Million Rand = 2,000,000 Euro

This has generated for Scammers a Net Profit of 1,536,359.56 Euro for Every million coins swapped.

Its Not a small chunk of change.

I wasn't looking at it on a bigger scale, the OP is talking about 5 rand given to him in a shop instead of a 2 euro... your figures make sense obviously but I was replying to the OP.

starbelgrade · 13-01-2010 04:18AM

Overheal wrote: »

*facepalm*

Alright Ma'am, please assume this is a Wide Scale Scam. For example, if 5 million Rand were used in this scam,

Normally, 5 Rand = 0.463640442, and 5 million Rand normally = 463,640.442 Euro
But now, 5 Rand = 2 Euro, and 5 Million Rand = 2,000,000 Euro

This has generated for Scammers a Net Profit of 1,536,359.56 Euro for Every million coins swapped.

Its Not a small chunk of change.

It's a BIG chunk of change, but as we all know, change wears out the pockets of your trousers, so if your carrying around big chunks of it, the money you make will not be saved, but spent on new trousers. Karma, dude.

snubbleste · 13-01-2010 10:46AM

pebbles21 wrote: »

HAH! I went to Rhodes last year on my hols and brought backs loads of coins and guess what?
Every last one of them worked in the vending machines and pubs over here!!!
Suckers :P:P

But you can get 2 euro coins here as well as in Rhodes.

TheMoose · 13-01-2010 11:07AM

The sterling £2 coin also looks exactly like a two euro coin. You see, this is to get people used to having similar coins, so the transition to a world currency will be a soomth one.

AnonoBoy · 13-01-2010 12:08PM

"Rand, Rand, Get a Rand,
I Get a Rand
I Get a Rand oooh-oooh-oooh-oooh!"

mossfort · 23-01-2010 11:51PM

i got one of those ten baht coins in my change today instead of 2 euro.
never seen one before and its only worth 21 cents.

ScumLord · 24-01-2010 01:57AM

I remember there used to be an old Irish coin (1p or someit) that used to pass as a 1 Punt coin with the cigarette machine.

Overall I'd be delighted to get a foreign coin, I'd tell people I was there and start making up storeys.

citizen_p · 24-01-2010 04:52AM

ive been doing that for ages....thailand(i think ) Coins look like twos and are the same size.

and a good few others.
just throw them in with a load of real ones.

consultech · 24-01-2010 05:46AM

I've "exchanged" the 40 or so 10 Baht coins I acquired in Thailand last summer in various nightclubs over the last few months.

The last laugh was on the clubs though: I paid enough money for a quarter bottle of vodka, but through some mixup only got a 300ml bottle of Miller every time...

€2 Coin / South African Currency (RAND) Scam

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