Crossword Genius

Helmsman's counterfeit coins: wax (8)

Ross

I believe the answer is:

coxswain

'helmsman's' is the definition.
(coxswain is a kind of helmsman)

'counterfeit coins wax' is the wordplay.
'counterfeit' is an anagram indicator.
'coins'+'wax'='coinswax'
'coinswax' is an anagram of 'COXSWAIN'.

(Other definitions for coxswain that I've seen before include "one over the eight" , "Person at the helm of a racing crew" , "one steers" , "Rowing boat pilot" , "Person steering a boat" .)

I've seen this clue in The Times.
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