Category Archives: Counterfeiting

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Enjoy 2020 “Gold Rush” prudently, advises Accredited Precious Metals Dealers

(Temecula, California) July 31, 2020 — Buyers of physical gold and silver during the 2020 “Gold Rush” should be wary of potential counterfeits in the marketplace, mistaking plated “gold coins” for bullion products, and avoid overpaying for any purchases, cautions the Accredited Precious Metals Dealers (APMD) division of the nonprofit Professional Numismatists Guild (PNG).
“Adding gold, silver, or platinum bullion coins or ingots to an investment portfolio can be a smart choice, but knowing your seller can be a crucial choice,” advises PNG-APMD President Richard Weaver

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Attempt made to sell fake $300,000 gold coin

Seller is suspect in another counterfeits case
(Temecula, California) July 14, 2020 — Acting on a tip from the Anti-Counterfeiting Educational Foundation (ACEF), federal and local California law enforcement agents now are investigating the attempted sale of $400,000 of counterfeit coins including a fake example of the historic 1879 Coiled Hair gold $4 “Stella” that brought $300,000 at auction last year. The seller also is a suspect in an earlier case involving fakes, according to Doug Davis, Director of the ACEF Anti-Counterfeiting Task Force (ACTF)

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Attempt made to sell fake $300,000 gold coin

Seller is suspect in another counterfeits case
(Temecula, California) July 14, 2020 — Acting on a tip from the Anti-Counterfeiting Educational Foundation (ACEF), federal and local California law enforcement agents now are investigating the attempted sale of $400,000 of counterfeit coins including a fake example of the historic 1879 Coiled Hair gold $4 “Stella” that brought $300,000 at auction last year. The seller also is a suspect in an earlier case involving fakes, according to Doug Davis, Director of the ACEF Anti-Counterfeiting Task Force (ACTF)

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Attempt made to sell fake $300,000 gold coin

Seller is suspect in another counterfeits case
(Temecula, California) July 14, 2020 — Acting on a tip from the Anti-Counterfeiting Educational Foundation (ACEF), federal and local California law enforcement agents now are investigating the attempted sale of $400,000 of counterfeit coins including a fake example of the historic 1879 Coiled Hair gold $4 “Stella” that brought $300,000 at auction last year. The seller also is a suspect in an earlier case involving fakes, according to Doug Davis, Director of the ACEF Anti-Counterfeiting Task Force (ACTF)

Continue reading on Coin Update News

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Attempt made to sell fake $300,000 gold coin

Seller is suspect in another counterfeits case
(Temecula, California) July 14, 2020 — Acting on a tip from the Anti-Counterfeiting Educational Foundation (ACEF), federal and local California law enforcement agents now are investigating the attempted sale of $400,000 of counterfeit coins including a fake example of the historic 1879 Coiled Hair gold $4 “Stella” that brought $300,000 at auction last year. The seller also is a suspect in an earlier case involving fakes, according to Doug Davis, Director of the ACEF Anti-Counterfeiting Task Force (ACTF)

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CCG hiring world-class sports card experts

If you are knowledgeable and passionate about sports cards, now is your opportunity to build the new leader in third-party grading.
Sarasota, Florida (July 7, 2020) — The Certified Collectibles Group (CCG) is hiring world-class sports card experts to lead a new service dedicated to expert and impartial certification of sports cards and memorabilia

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CCG hiring world-class sports card experts

If you are knowledgeable and passionate about sports cards, now is your opportunity to build the new leader in third-party grading.
Sarasota, Florida (July 7, 2020) — The Certified Collectibles Group (CCG) is hiring world-class sports card experts to lead a new service dedicated to expert and impartial certification of sports cards and memorabilia

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It’s my 10th anniversary as a contributor to Coin Update and World Mint News Blog

Dear readers, it’s hard to believe, but this week marks 10 years since I first joined Coin Update and World Mint News Blog. My first submission in June 2010 was an interview I conducted with U

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Counterfeiting Battles Continued in May: ACEF

Anti-Counterfeiting Educational Foundation is working with fraud victims and federal law enforcement agencies   A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders and requests for expert help from federal agencies kept the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) busy during May 2020. “Among the cases we’re investigating is the sale of 10 fake […]

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Counterfeiting battles continued in May

Anti-Counterfeiting Educational Foundation is working with fraud victims and federal law enforcement agencies
(Fallbrook, California) May 26, 2020 — A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders, and requests for expert help from federal agencies kept the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) busy during May 2020.
One of the 10 fake American Silver Eagles sold to an unsuspecting victim who responded to an unsolicited advertisement on Facebook

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Counterfeiting battles continued in May

Anti-Counterfeiting Educational Foundation is working with fraud victims and federal law enforcement agencies
(Fallbrook, California) May 26, 2020 — A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders, and requests for expert help from federal agencies kept the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) busy during May 2020.
One of the 10 fake American Silver Eagles sold to an unsuspecting victim who responded to an unsolicited advertisement on Facebook

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Counterfeit Coin Detection: 1924-S Buffalo Nickel

Counterfeit Buffalo Nickel By Max Spiegel – Numismatic Guaranty Corporation ……… The 1924-S Buffalo Nickel is a prime target for counterfeiters. In particular, sharp-eyed graders will pay close attention to additions or other alterations made to the mintmark. Prominent sculptor James Earle Fraser created an iconic design deeply rooted in Western Americana for the Buffalo […]

The post Counterfeit Coin Detection: 1924-S Buffalo Nickel appeared first on CoinWeek.

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Counterfeits gone viral: Online sales of fake gold and silver cost public millions

(Temecula, California) April 30, 2020 — The current enormous demand and limited supply of silver and gold bullion coins and other precious metals items during the COVID-19 pandemic have created a breeding ground for the distribution of counterfeits that is costing unsuspecting investors millions of dollars, according to the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) .
“Counterfeiters, using sophisticated online marketing techniques, prey on the emotional fears and anxieties of the public

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Counterfeits gone viral: Online sales of fake gold and silver cost public millions

(Temecula, California) April 30, 2020 — The current enormous demand and limited supply of silver and gold bullion coins and other precious metals items during the COVID-19 pandemic have created a breeding ground for the distribution of counterfeits that is costing unsuspecting investors millions of dollars, according to the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) .
“Counterfeiters, using sophisticated online marketing techniques, prey on the emotional fears and anxieties of the public

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MintID Announces World’s 1st NFC-Protected Precious Metal Products

MintID was created to solve the problem of counterfeiting in the precious metals space. But until now, investors have been plagued with the uncertainty of whether or not the products they own are actually genuine. By embedding AES-128-bit encrypted and tamper-proof NFC chips directly at the source, customers can authenticate their investments in real time […]

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Buyers and sellers taking advantage of gold and silver prices but some inventories are low, say bullion dealers

Accredited Precious Metals Dealers Urge Caution Against Market Scams
(Temecula, California) April 2, 2020 — The recent jump in the price of gold due to stock market decreases and fear of the coronavirus has attracted new retail customers. The financial and public health concerns have also lured a return of many previous gold and silver bullion customers, but some inventories of physical bullion are low, according to members of the Accredited Precious Metals Dealer program (APMD), a division of the non-profit Professional Numismatists Guild (PNG)

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Anti-counterfeiting seminar produces fast, positive results

(Long Beach, California) February 26, 2020 — A seminar for law enforcement officials conducted by the Anti-Counterfeiting Educational Foundation (ACEF) during the recent February 2020 Long Beach Coin, Currency, Stamp & Sports Collectibles Expo already has produced positive results in the fight against fakes in the numismatic marketplace.
The seminar’s objective was to bring together representatives of federal and local agencies that come into contact with counterfeits or investigate counterfeits, and educate them about the expert resources available from ACEF’s Anti-Counterfeiting Task Force to assist during their investigation and prosecution of cases

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Anti-Counterfeiting Seminar Produces Fast, Positive Results

A seminar for law enforcement officials conducted by the Anti-Counterfeiting Educational Foundation (ACEF) during the recent February 2020 Long Beach Coin, Currency, Stamp & Sports Collectibles Expo already has produced positive results in the fight against fakes in the numismatic marketplace. The seminar’s objective was to bring together representatives of federal and local agencies that […]

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Trinidad and Tobago: Central Bank unveils new family of polymer banknotes

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The Central Bank of Trinidad and Tobago has unveiled (21st February) concept designs of their new series of updated banknotes which are to be produced in polymer

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The 1920 Wilson Dollar: A Counterfeited Rarity

An elusive medal represents a challenge for collectors of higher grades   By Numismatic Guaranty Corporation …… The Wilson dollar was struck to commemorate the opening of the Manila Mint on July 6, 1920, which was the first and only US mint established outside the continental United States. The obverse is a well-executed bust of […]

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Bank of England releases new £20 series “F” JMW Turner banknote

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Today, the Bank of England released their well-publicised £20 series “G” banknotes which feature the image of the eminent 19th-century painter Joseph Mallord William Turner (1775-1851)

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Customs and Border Protection Seizes $900K Worth of Counterfeit US $1 Bills

By United States Customs and Border Protection …… U.S. Customs and Border Protection (CBP) officers at the International Falls Port of Entry seized $900,000 in counterfeit United States currency Friday that was discovered in a commercial rail shipment originating from China. “CBP officers strive every day to protect the United States from a variety of […]

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ACEF Helps Feds Crack Counterfeit Coins Case

Counterfeit Coins Importer Sentenced to 10½ Years in Prison Anti-Counterfeiting Educational Foundation alerted and assisted investigators in the case A federal court judge in Camden, New Jersey has sentenced admitted counterfeit coins importer, Johnathan A. Kirschner, 35, of Moorestown, New Jersey, to 10½ years in prison. After being alerted by members of the Anti-Counterfeiting Educational […]

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Counterfeit coins importer sentenced to 10.5 years in prison

Anti-Counterfeiting Educational Foundation alerted and assisted investigators in the case
(Camden, NJ) January 29, 2020 — A federal court judge in Camden, New Jersey has sentenced admitted counterfeit coins importer, Johnathan A. Kirschner, 35, of Moorestown, New Jersey, to 10

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World Paper Money – Euro Banknote Counterfeiting Remained Low in 2nd Half 2019

By European Central Bank ……   308,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2019 Over 70% of those counterfeits were €20 and €50 banknotes Euro banknotes continue to be a trusted and safe means of payment All euro banknotes can be verified using the “feel, look and tilt” method […]

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Counterfeit coins importer sentenced to 10.5 years in prison

Anti-Counterfeiting Educational Foundation alerted and assisted investigators in the case
(Camden, NJ) January 29, 2020 — A federal court judge in Camden, New Jersey has sentenced admitted counterfeit coins importer, Johnathan A. Kirschner, 35, of Moorestown, New Jersey, to 10

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Counterfeit detection: 1863 Michigan Civil War Store Card

The counterfeit’s reverse (left) is compared to a genuine 1105-type reverse. Notice the mint luster and darker (pure copper) color of the genuine example, as well as superior detail

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Easily Report Suspected Fakes With Online Help From Anti-Counterfeiting Educational Foundation

See it? Report it! The Anti-Counterfeiting Educational Foundation (ACEF) now provides collectors, dealers, the general public and victims of suspected fraud with a convenient and secure way to report information about counterfeit coins, bars, holders, rounds, mint products, paper money or other suspicious counterfeit related activities. “See it? Report it! If you have information about […]

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Easily report suspected fakes with online help from Anti-Counterfeiting Educational Foundation

(Temecula, California) January 21, 2020 — The Anti-Counterfeiting Educational Foundation (ACEF) now provides collectors, dealers, the general public, and victims of suspected fraud with a convenient and secure way to report information about counterfeit coins, bars, holders, rounds, Mint products, paper money, or other suspicious counterfeit related activities.
“See it? Report it! If you have information about a counterfeit, you can easily go to the ACEF website, and click on the Counterfeit Alert tab,” explained Doug Davis, ACEF Director of Anti-Counterfeiting

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Bowers on collecting: “The Adventure of the Three Garridebs”

Ever since I was a kid I have enjoyed Sherlock Holmes stories. Arthur Conan Doyle wrote 56 short stories and four novels about the detective hero

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Must-know tips to avoid gold scams

(Temecula, California) November 4, 2019 — Adding gold, silver, or platinum bullion coins or ingots to an investment portfolio can be a smart choice, but knowing your seller can be a crucial choice, advises the Professional Numismatists Guild (PNG), a nonprofit organization of many of the country’s top rare coin and bullion coin experts.
In recent months, law enforcement officials in Florida, Minnesota, New York, Pennsylvania, and Utah have charged several reputedly unscrupulous merchants with selling counterfeit coins to unsuspecting investors and/or not paying for genuine coins submitted for sale by customers

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Anti-Counterfeiting Educational Foundation joins forces with CrimeDex

(Temecula, California) October 30, 2019 — The Anti-Counterfeiting Educational Foundation (ACEF) has been granted membership into CrimeDex, the world’s largest criminal investigation network composed of more than 4,000 law enforcement agencies, financial institutions, and criminal investigators across the United States and around the globe.
“The CrimeDex platform allows members to send out alerts, develop leads, and track criminal trends and patterns,” explained Doug Davis, ACEF director of Anti-Counterfeiting

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United Kingdom: Bank of England unveils latest polymer £20 banknote that pays tribute to famed 19th-century painter, JMW Turner

The Bank of England today unveiled their next release in the current “G” series which will be the £20 denomination depicting the eminent 19th-century painter Joseph Mallord William Turner (1775-1851). The famed artist was born in Covent Garden, London, as the son of a barber and wig maker

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The Bank of England takes pride in launching the “G” series £50 banknote featuring computer scientist Alan Turing

The planned issue of the Bank of England’s next generation £50 polymer banknote was announced by Governor Mark Carney during a special event which revealed that computer scientist Alan Turing would be the featured personality on the back.
The process to unveil the design and personality to be featured on the UK’s next £50 banknote all began when the Bank of England asked the country in November 2018 who should be portrayed on the back

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The Bank of England takes pride in launching the “G” series £50 banknote featuring computer scientist Alan Turing

The planned issue of the Bank of England’s next generation £50 polymer banknote was announced by Governor Mark Carney during a special event which revealed that computer scientist Alan Turing would be the featured personality on the back.
The process to unveil the design and personality to be featured on the UK’s next £50 banknote all began when the Bank of England asked the country in November 2018 who should be portrayed on the back

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Veteran U.S. Mint official Jon Cameron joins NGC program of hand-signed labels

Jon J. Cameron’s 41 years of civil service also included time as an executive with the Bureau of Engraving and Printing and the Federal Reserve System

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Veteran U.S. Mint official Jon Cameron joins NGC program of hand-signed labels

Jon J. Cameron’s 41 years of civil service also included time as an executive with the Bureau of Engraving and Printing and the Federal Reserve System

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Don’t be rushed in new Gold Rush: Make wise choices, veteran bullion dealers caution

(Temecula, California) September 9, 2019 — Investors wanting to enter the gold and silver markets or add to existing portfolios should be wary of potential counterfeits, plated “gold coins” or overpaying for any purchases. This advice comes from the Accredited Precious Metals Dealers (APMD) division of the nonprofit Professional Numismatists Guild (PNG)

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PNG urges dealers and collectors to “preserve the past” and offers to assist victims of coin doctoring

(Temecula, California) September 3, 2019 — As part of its ongoing efforts to combat “coin doctoring,” the Professional Numismatists Guild (PNG) is urging dealers and collectors to respect the heritage and historical significance of all coinage to preserve the past as best as possible. PNG also is offering to assist anyone who suspects he or she unwittingly purchased a doctored coin

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Former police chief, Doug Davis, named anti-counterfeiting director of the Anti-Counterfeiting Educational Foundation

Current Director Beth Deisher will step down in September after successful anti-counterfeiting work
(Rosemont, Illinois) August 13, 2019 — Doug Davis, founder of the Numismatic Crime Information Center and a former Police Chief of the Dallas suburb of Pantego, Texas, has been selected by the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) to be its next director of Anti-Counterfeiting.
Davis has more than 30 years of experience in law enforcement and in helping to combat numismatic-related crimes

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Former police chief, Doug Davis, named anti-counterfeiting director of the Anti-Counterfeiting Educational Foundation

Current Director Beth Deisher will step down in September after successful anti-counterfeiting work
(Rosemont, Illinois) August 13, 2019 — Doug Davis, founder of the Numismatic Crime Information Center and a former Police Chief of the Dallas suburb of Pantego, Texas, has been selected by the nonprofit Anti-Counterfeiting Educational Foundation (ACEF) to be its next director of Anti-Counterfeiting.
Davis has more than 30 years of experience in law enforcement and in helping to combat numismatic-related crimes

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Richard Weaver selected as new PNG president

(Rosemont, Illinois) August 12, 2019 — Officers of the Professional Numismatists Guild (PNG) have selected Richard Weaver to be the organization’s president for the 2019–2021 term. Weaver was selected during the PNG Board of Directors meeting in the Chicago suburb of Rosemont, Illinois, on August 11, 2019

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World Paper Money – Euro Banknote Counterfeiting Decreased Further 1st Half 2019

By European Central Bank …… 251,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2019 Over 80% of those counterfeits were €20 and €50 banknotes Euro banknotes continue to be a trusted and safe means of payment All euro banknotes can be verified using the “feel, look and tilt” method Some […]

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PCGS team grows with exciting new talent

(Santa Ana, California) August 1, 2019 — The Professional Coin Grading Service (PCGS) team has gained three new members bringing a wide range of numismatic knowledge and business acumen. Well-known banknote and counterfeit expert Bruce Thornton has joined as the Director of Banknote Grading; numismatic educator and vintage coin grader Steve Feltner began a role as Director of Numismatic Education and Outreach, and Michael Oviedo, a business development expert, has taken on the role of Director of International Business

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European Union ECB reports lower levels of counterfeit banknotes intercepted from circulation

The European Central Bank has released (26th July) their latest statistics about the level of counterfeit banknotes intercepted in circulation, with the ECB reporting a decrease of 4.2% compared to the second half of 2018, and 16

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Skog gets 30 months in federal prison for selling counterfeit coins

Fraud scheme carried out in multiple states, some victims still may be unidentified
Minnesota coin dealer Barry Ron Skog, 68, was sentenced July 9th to 30 months in federal prison for carrying out a counterfeit coin fraud scheme in multiple states. In addition, Judge Wilhelmina M

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Useful tips on avoiding fakes topic of ANA presentation by Michael Fuljenz

(Rosemont, Illinois) July 3, 2019 — Former American Numismatic Association authenticator, grader, and instructor, Dr. Michael Fuljenz, will give expert advice about counterfeits in the marketplace during his Money Talks seminar at the ANA 2019 Chicago World’s Fair of Money

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Gold price jump has potential for gold-selling scams, experts caution

(Temecula, California) June 26, 2019 — With the recent, rapid jump in the price of gold, investors should beware of scam artists trying to lure them with urgent claims of too-good-to-be-true low prices and quick, guaranteed bullion market profits, cautions leaders of the Accredited Precious Metals Dealer program, a division of the nonprofit Professional Numismatists Guild.
“Don’t make a hasty decision based on slick advertisements

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Gold price jump has potential for gold-selling scams, experts caution

(Temecula, California) June 26, 2019 — With the recent, rapid jump in the price of gold, investors should beware of scam artists trying to lure them with urgent claims of too-good-to-be-true low prices and quick, guaranteed bullion market profits, cautions leaders of the Accredited Precious Metals Dealer program, a division of the nonprofit Professional Numismatists Guild.
“Don’t make a hasty decision based on slick advertisements

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Always verify your NGC coins with the NGC website or app

A quick, easy and free way to check out a coin before you buy.
Coin collectors should always check NGC-certified coins on NGC’s website or in the NGC mobile app to verify their authenticity and learn other important information about them

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Counterfeit Coin Detection – 1900-S $5 Half Eagle

This Middle Eastern counterfeit coin lacks the details of a genuine 1900-S Half Eagle. Counterfeit Coin Detection By  Numismatic Guaranty Corporation …… When we think of Counterfeit Coin Detection in the coin market today, we imagine deceitful people attempting to pass off a fake as genuine to a dealer or collector based on its numismatic […]

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Counterfeit Coins Detection – Fake $5 Indian Lacks Details

Counterfeit Coins – Reverse of a Denver Mint Indian Half Eagle By  Numismatic Guaranty Corporation …… The missing details on this $5 Indian reveal it to be in the category of counterfeit coins. One common technique used by authenticators  on the lookout for counterfeit coins is to assess a coin’s level of detail. This can […]

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Bowers on collecting: Surprises in the marketplace

On April 17 to 19, 1980, the Central States Numismatic Society Convention was held in Lincoln, Nebraska, preceded by Professional Numismatists Guild Day on the 16th. The atmosphere was uncertain

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Counterfeit Coin Detection – Fake $5 Indian Half Eagle with “Stock Reverse”

Counterfeit 1915-S $5 Indian Gold Half Eagle / stock reverse By Max Spiegel – Numismatic Guaranty Corporation …… NGC receives countless fakes struck from stock dies. Many counterfeit coins, especially gold coins, were struck from stock dies, which were reused on multiple issues. A counterfeiter saved time and money by using one die, such as […]

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A brief history of the Guide Book of Morgan Silver Dollars

Whenever the classic coins of the United States are ranked for popularity, the famous Morgan silver dollar rises to the top of the list. Every day at Whitman Publishing we see evidence of its universal appeal

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PNG strengthens anti-counterfeiting bylaws, welcomes 10 new members

(Temecula, California) March 11, 2019 — As part of the organization’s anti-counterfeiting efforts, the Professional Numismatists Guild (PNG) has added additional conduct restrictions to its Code of Ethics regarding involvement with fakes.
Four words, indicated here in italics, have been added and are now part of section seven of PNG’s bylaws: “To refrain from knowingly participating in, abetting or dealing in counterfeit, altered, repaired or ‘doctored’ numismatic items without fully disclosing their status to my customers

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Minnesota man pleads guilty to selling counterfeit coins, committing mail fraud

Barry Ron Skog, 68, of Burnsville, Minnesota, pleaded guilty on February 21 to one count of selling counterfeit coins and one count of mail fraud in the United States District Court of Minnesota in St. Paul

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Nominate an anti-counterfeiting crusader for a prestigious honor

(Temecula, California) February 19, 2019 — Do you know someone who has actively helped in the fight against counterfeit coins, banknotes, and/or fake third-party encapsulation holders the past year? The Anti-Counterfeiting Educational Foundation (ACEF) is seeking nominees for its third annual Alan Kreuzer Memorial Award.
“This
award is a prestigious honor to recognize the vigorous anti-counterfeiting
efforts of collectors, dealers, law enforcement agents or others who are
diligently trying to protect the numismatic marketplace,” said ACEF Executive
Director Robert Brueggeman

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Nominate an anti-counterfeiting crusader for a prestigious honor

(Temecula, California) February 19, 2019 — Do you know someone who has actively helped in the fight against counterfeit coins, banknotes, and/or fake third-party encapsulation holders the past year? The Anti-Counterfeiting Educational Foundation (ACEF) is seeking nominees for its third annual Alan Kreuzer Memorial Award.
“This
award is a prestigious honor to recognize the vigorous anti-counterfeiting
efforts of collectors, dealers, law enforcement agents or others who are
diligently trying to protect the numismatic marketplace,” said ACEF Executive
Director Robert Brueggeman

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Sentencing Date Changed for Importer of Counterfeit Coins, Holders

April 25 is the new date for Kirschner’s sentencing hearing   U.S. District Court Judge Robert B. Kugler had been scheduled to sentence Jonathan A. Kirschner on February 5 for his admitted crimes of falsely impersonating an agent of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) and of unlawfully importing counterfeit coins and […]

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Fact or Myth: Josh Tatum and Racketeer Nickels

By Lianna Spurrier for CoinWeek ….. The Liberty head or “V” nickel was released in 1883. The denomination was marked by a large “V” on the reverse; the word “cents” was nowhere to be found. The three cent piece of the time was labeled in the same way, with a large Roman numeral three and […]

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United Kingdom: Costs revealed to replace previous £1 coin with new high-tech counterfeit-proof coin

The British Treasury has revealed the overall costs so far to replace the original one-pound coins which were replaced with a newer, high-tech circulation pound coin. The cost to the British taxpayer has thus reached more than £5,500,000 ($7,100,000), initially to collect the more than 1

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United Kingdom: 12-sided pound coin may be minted for British Overseas Territories

The British Treasury, along with Chancellor Philip Hammond, have hinted that the new 12-sided pound coin introduced into circulation in the United Kingdom in March 2017 may now be minted for the British Overseas Territories. This additional information follows the announcement by the treasury of Guernsey in October 2017 that more than £500,000 worth of Guernsey pound coins will be withdrawn from circulation in favour of circulating the new British one-pound coin

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Rhode Island Man Charged With Manufacturing Counterfeit Money

By United States Attorney’s Office, District of Rhode Island …… A Pawtucket, Rhode Island man, previously convicted and incarcerated for producing counterfeit casino coins, was arrested at his Pawtucket residence on Friday, December 8 and made an initial appearance before U.S. District Court Magistrate Judge Lincoln D. Almond on charges that he allegedly possessed equipment […]

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PNG leaders step up fight against fakes with Anti-Counterfeiting Educational Foundation

New nonprofit entity created to accept donations for important 2019 work by Anti-Counterfeiting Task Force
(Temecula, California) November 29, 2018 — The Anti-Counterfeiting Task Force (ACTF) accomplished major victories combatting fakes and educating the public about counterfeits in the marketplace in 2018, according to ACTF Coordinator Beth Deisher. She envisions continued success in 2019 following the recent major reorganization of the group’s parent organization, the Anti-Counterfeiting Educational Foundation (ACEF)

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Anti-Counterfeiting Task Force moves to foundation

The Industry Council for Tangible Assets and the Anti-Counterfeiting Educational Foundation have jointly announced an agreement to transfer the Anti-Counterfeiting Task Force and the position of director of counterfeiting from ICTA to the non-profit 501-C-3 foundation.
The transfer became effective November 15

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RARCOA and Standard Numismatics merger finalized with $100,000 PNG anti-counterfeiting donation

(Willowbrook, Illinois) November 9, 2018 — Rare Coin Company of America, Inc. (RARCOA) of Willowbrook, Illinois and Standard Numismatics LLC of Chicago have completed their previously announced merger

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The U.S. Mint’s 2018 numismatic forum and collaboration with foreign mints

On October 17, the United States Mint hosted its third annual numismatic forum at the Bureau of Printing and Engraving (BEP) in Washington, DC, bringing together 69 members of the numismatic community to discuss the theme of “collectively building numismatics.” Attendees included coin dealers, members of the Citizens Coinage Advisory Committee and numismatic press, the president of the American Numismatic Association, Gary Adkins, and others

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NGC certifies additional Newman selections

Rare medals, patterns, and error coins are among the NGC-graded highlights headed to auction in November.
Numismatic Guaranty Corporation (NGC) has certified an additional 137 coins, medals, and tokens from the Eric P

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Counterfeit detection: 1916 half dollar

A forger altered the date on a genuine 1946 Walking Liberty to resemble that of the popular low-mintage issue
In 1946 the Philadelphia Mint struck more than 12.1 million Walking Liberty half dollars

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PCGS will offer popular crossover special at the October 2018 Baltimore Winter Expo

(Baltimore, Maryland) October 16, 2018 — The Professional Coin Grading Service (PCGS) will offer a special opportunity for its popular “crossover” service at the Baltimore Winter Expo in the Baltimore, Maryland, Convention Center on October 25 and 26, 2018. The usual crossover grading fee will be reduced to only $10 on coins submitted at the show that do not qualify to be placed into PCGS holders

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European Central Bank unveils new €200 and €100 banknotes as part of current Europa series

The European Central Bank (ECB) has unveiled (17th September) their two remaining denominations that will undergo an update in terms of design and security features. Begun in 2015 with the €5 banknote, the ECB introduced the new “Europa” series which updated the designs that were in use since the first euro-denominated banknotes entitled “Ages and Styles,” designed by Robert Kalina, that went into circulation on the 1st January 2002

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ACEF receives IRS approval, now public charity

The IRS has granted the Anti-Counterfeiting Educational Foundation (ACEF) final approval as a 501(c)(3) non-profit organization and designation as a public charity.
“IRS final approval allows ACEF to move forward in many different directions to raise funds,” said ACEF President Scott Spitzer, CEO of Manfra, Tordella & Brookes

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Counterfeit Coin Detection – Authenticating The 1909-S VDB Cent

By Numismatic Guaranty Corporation … …… Altered and counterfeit Coin – 1909-S VDB cents are quite common. Examining several key features can help you avoid counterfeit coins. The 1909-S VDB Lincoln Cent is one of the most famous United States coins, both as a genuine coins and as a counterfeit coin. Its status as a […]

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Counterfeit detection: Special edition — reprocessed steel cents

Make sure you don’t get fooled by these pennies, which are not eligible for NGC certification.
In the United States during World War II, numerous changes were made in order to support the war effort

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PNG donates to ICTA’s anti-counterfeiting efforts

To help fight fake numismatic merchandise in the marketplace, the Professional Numismatists Guild (PNG) has donated $15,525 to the Industry Council for Tangible Assets Anti-Counterfeiting Task Force (ACTF).
“Our PNG board members personally donated $10,500 and the remainder of the money came from a portion of the fee for PNG members who took tables at the 2018 PNG/ANA Numismatic Trade Show in Philadelphia,” explained PNG Executive Director Robert Brueggeman

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ACTF special exhibit of counterfeit coins, bars for public education

Among the counterfeits to be on display in the special exhibit are fake gold bars in fake APMEX, PAMP, and Royal Canadian Mint holders. Hover to zoom

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ACTF special exhibit of counterfeit coins, bars for public education

Among the counterfeits to be on display in the special exhibit are fake gold bars in fake APMEX, PAMP, and Royal Canadian Mint holders. Hover to zoom

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ACTF special exhibit of counterfeit coins, bars for public education

Homeland Security loans items to illustrate levels of deceptiveness, diversity
The Industry Council for Tangible Assets’ (ICTA) Anti-Counterfeiting Task Force (ACTF) will exhibit a five-case display of counterfeit coins, precious metals bars, and grading holders during the American Numismatic Association’s World’s Fair of Money from August 14-18 at the Pennsylvania Convention Center in Philadelphia.
The counterfeit items are on special loan from the Cherry Hill, N

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ACTF special exhibit of counterfeits coins, bars for public education

Homeland Security loans items to illustrate levels of deceptiveness, diversity
The Industry Council for Tangible Assets’ (ICTA) Anti-Counterfeiting Task Force (ACTF) will exhibit a five-case display of counterfeit coins, precious metals bars, and grading holders during the American Numismatic Association’s World’s Fair of Money from August 14-18 at the Pennsylvania Convention Center in Philadelphia.
The counterfeit items are on special loan from the Cherry Hill, N

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Bad Money – Ancient Counterfeiters and Their Fake Coins

CoinWeek Ancient Coin Series on Ancient Counterfeiters by Mike Markowitz …. Mundus vult decipi, ergo decipiatur “The world wants to be deceived, so let it be deceived.” — attributed to Petronius, 1st-century Roman satirist AROUND 650 BCE, on the eastern shore of the Aegean Sea, coinage was invented. Very soon afterward, Ancient Counterfeiters and their counterfeit […]

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Despite decreased bullion sales in June, bullion coins may be the way of the future for U.S. coinage

Background photo by Apollo2005.
From enduring decreased sales in June to battling worldwide counterfeiting operations, American bullion coins have taken a beating in 2018

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Despite decreased bullion sales in June, bullion coins may be the way of the future for U.S. coinage

Background photo by Apollo2005.
From enduring decreased sales in June to battling worldwide counterfeiting operations, American bullion coins have taken a beating in 2018

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Seller of Counterfeit NGC Holders Brought to Justice

Numismatic Guaranty Corporation® (NGC®) reports that a seller of counterfeit coins in counterfeit NGC holders has pleaded guilty to importing counterfeit coins and bars into the United States. The charge carries a maximum sentence of 15 years in prison. NGC first became aware that Jonathan Kirschner of Moorestown, New Jersey, was selling counterfeit NGC holders […]

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Despite decreased bullion sales in June, bullion coins may be the way of the future for U.S. coinage

From enduring decreased sales in June to battling worldwide counterfeiting operations, American bullion coins have taken a beating in 2018. However, from a collecting standpoint, bullion coins are coming into the limelight

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Silver, gold American Eagles most counterfeited bullion coins

Since 1986 when the United States Mint first introduced silver and gold American Eagle bullion coins, they have been top sellers in the United States as well as around the world.
A new survey conducted by the Anti-Counterfeiting Task Force (ACTF) indicates the popular U

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Silver, gold American Eagles most counterfeited bullion coins

Since 1986 when the United States Mint first introduced silver and gold American Eagle bullion coins, they have been top sellers in the United States as well as around the world.
A new survey conducted by the Anti-Counterfeiting Task Force (ACTF) indicates the popular U

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Man pleads guilty to selling, importing fakes; impersonating agent

ACTF plays a key role in the investigation and assists experts in identifying fakes
A New Jersey man admitted June 25 to impersonating a federal agent while selling counterfeit coins and bars and unlawfully importing counterfeit coins and bars into the United States, according to U.S

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Silver, gold American Eagles most counterfeited bullion coins

Since 1986 when the United States Mint first introduced silver and gold American Eagle bullion coins, they have been top sellers in the United States as well as around the world.
A new survey conducted by the Anti-Counterfeiting Task Force (ACTF) indicates the popular U

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Former Yugoslav Republic of Macedonia (FYROM) introduces new polymer banknotes

The National Bank of Macedonia unveiled (24th April) the two denominations which will be issued as polymer banknotes starting today. The national bank has announced that the 10-denar (U

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PCGS experts spot deceptively altered colonial rarity

A drastically but deceptively altered 1792 Washington Eagle “cent” submitted to Professional Coin Grading Service (PCGS) underscores the alarming skills of some so-called “coin doctors” and why it is essential to have rare coins expertly and independently examined.
Detective work by PCGS experts proved the recently submitted early American coin had been deceivingly repaired since it was offered in auctions between 1966 to 2013 to remove a hole, alter re-engraving and change the coin’s color to give it a radically new appearance

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Counterfeit Coins and the Effects on Numismatics

By Harvey Stack – Founder, Stack’s Bowers…. Editors Note: Links to the next two Articles…. Part2     Part 3 Counterfeiting, or making something false, has occurred since goods were exchanged for services or other items. If a bag that was supposed to contain wheat was instead full of another grain or even sand, that was […]

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Counterfeit Coins and the Effects on Numismatics

By Harvey Stack – Founder, Stack’s Bowers ……   Editors Note: Links to the next two Articles…. Part2     Part 3 Counterfeiting, or making something false, has occurred since goods were exchanged for services or other items. If a bag that was supposed to contain wheat was instead full of another grain or even sand, […]

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Finest known 1932 “Saint” in eBay auction of outstanding double eagles set

(Woodland Hills, California) March 19, 2018 — One of the finest collections of Saint-Gaudens Double Eagle gold coins listed in the PCGS Set Registry, the A&A Saints Collection, will go on auction on eBay starting at 6:00 pm Pacific time March 29 through April 8, 2018. The set includes the finest known 1932 “Saint,” graded MS-66+ and formerly in the famous collections of Dr

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Greg Allen new ACTF Steering Committee chair

World Mint Work Group joining anti-counterfeiting effort
Industry Council for Tangible Assets (ICTA) Chairman Philip N. Diehl has announced the appointment of Greg Allen as chair of the Anti-Counterfeiting Task Force (ACTF) Steering Committee

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Congressman criticizes U.S. Mint for “disappointing and concerning” inaction on counterfeit precious metals coins

Forms to cast fake coins (counterfeit money), late second and early third century. Found in Trier, Germany

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What the U.S. Mint can learn from the Royal Mint’s Great British Coin Hunt

On March 1, the Royal Mint launched the Great British Coin Hunt, a project which saw the introduction of 26 new 10-pence coins related to British culture and history. The coins proceed alphabetically from “A” to “Z,” with themes like cricket for the letter “C” or James Bond for “B

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ICTA appoints six to non-profit foundation board

The board of directors of the Industry Council for Tangible Assets (ICTA) has appointed six industry leaders to guide the Anti-Counterfeiting Educational Foundation (ACEF), the non-profit organization recently formed to receive contributions to support the work of its Anti-Counterfeiting Task Force.
Scott Spitzer, chief executive officer of Manfra, Tordella & Brookes, Inc

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CoinWeek News Wire for Feb. 9, 2018: Germans Love Cash, Inside Jobs, Crypto Crash…

By Coinweek Coin News Wire …. Coin News Wire for February 9, 2018 Brain Food 1.) Digital != crypto != virtual I suspect that the Telegraph’s confusion may have arisen because of the tendency amongst management consultants (and others) to conflate the two entirely different kinds of electronic money: a cryptocurrency and a digital currency are […]

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World Paper Money – Euro Banknote Counterfeiting Remains Low 2nd Half 2017

By European Central Bank ….. 363,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2017 Around 85% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes continue to be a trusted and safe means of payment Some […]

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PCGS unveils new Gold Shield level of service

(Newport Beach, California) — The Professional Coin Grading Service (PCGS) has rolled out PCGS Gold Shield Service, replacing PCGS Secure Service, effective since January 1, 2018.
PCGS Gold Shield retains the process and function of PCGS Secure in that it checks coins that come through PCGS Gold Shield against a vast proprietary imaging database

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Q&A: Why is there less color variation in U.S. paper money?

The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers, 5th edition:
Q: The color green is so historically traditional the backs of our paper money that we refer to U.S

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PNG member helps FBI nab theft suspects

All dealers should be cautious about possible long-term ramifications of cashing fraudulent checks
(Temecula, California) December 19, 2017 — A long-time member of the Professional Numismatists Guild (PNG) assisted the Federal Bureau of Investigation in solving a case involving an attempt by suspected thieves to purchase $2 million of gold using a bank check with the forged signature of a deceased New York City woman.
It is a cautionary tale for all dealers about the potential long-term effects of cashing a fraudulent check, even if they first verified the account with the bank

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Assistant Undersecretary Walter Leibold mints the first five-euro collector coin “Subtropical Climate Zone”

In a previous article, we covered the IACA award won by the state mints of Baden-Wuerttemberg and the Bavarian State Mint for their polymer coin.
On 8 December 2017, Assistant Undersecretary Walter Leibold has struck the very first 5-euro collector coin “Subtropical Climate Zone

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Assistant Undersecretary Walter Leibold mints the first five-euro collector coin “Subtropical Climate Zone”

In a previous article, we covered the IACA award won by the state mints of Baden-Wuerttemberg and the Bavarian State Mint for their polymer coin.
On 8 December 2017, Assistant Undersecretary Walter Leibold has struck the very first 5-euro collector coin “Subtropical Climate Zone

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Gold & Silver PAC December 2017 e-Newsletter: GOP Tax Bill Alert

By Scott Barman for the Gold & Silver PAC ….. Gold & Silver News From the Political Coordinator The most talked about and most complicated bill to analyze has been H.R. 1, the Tax Cuts and Jobs Act. While a lot of information has been talked about in the media, there have been many groups behind […]

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The psychological profile of a counterfeiter, according to Criminal Minds

Recently, I happened to get back into watching the show Criminal Minds, which centers around the Federal Bureau of Investigation’s (FBI) Behavioral Analysis Unit (BAU). While most television crime shows tend to focus on the forensic and anthropological aspects of violent crimes, Criminal Minds, in keeping with its namesake, tends to focus on the psychological aspects of criminally deviant behavior

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Congressmen press the U.S Mint for action on counterfeit gold and silver coins

Washington, DC (October 29, 2017) — Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) delivered a formal letter to the United States Mint and the Secret Service on Friday, urging aggressive action on the growing problem of high-quality counterfeits of U.S

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CoinWeek News Wire for September 29, 2017: Japan Crypto, Russian Gold, War on Cash

By Coinweek …. CoinWeek News Wire for September 29, 2017: Brain Food 1.) Body Armor Made of Old Chinese Coins The Tlingit believed that the coins would provide protection from bullets. There is some anecdotal evidence that such body armor was in fact effective in a battle with the Russians in the year 1792. According […]

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ACTF reorganizes research group, adds three work groups

The Industry Council for Tangible Assets’ Anti-Counterfeiting Task Force has reorganized one of its original work groups and added three new groups since its early August meeting prior to the World’s Fair of Money in Denver. Additionally, new members have joined the Steering Committee and work groups

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New anti-counterfeiting technology: Dogs

Dogs are renowned for their almost supernatural sense of smell and have been used for years by law enforcement to solve some of the most complicated crimes ranging from drug smuggling to cold-blooded murder. In 1997, the world was introduced to the first counterfeit-sniffing dog, named Mike, and the concept has rapidly gained popularity ever since

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New anti-counterfeiting technology: Dogs

Dogs are renowned for their almost supernatural sense of smell and have been used for years by law enforcement to solve some of the most complicated crimes ranging from drug smuggling to cold-blooded murder. In 1997, the world was introduced to the first counterfeit-sniffing dog, named Mike, and the concept has rapidly gained popularity ever since

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Minnesota man charged with felony for selling counterfeit coins

A 28-year-old man from Waite Park, Minnesota, on September 25 is expected to respond to a felony charge for theft-by-swindle stemming from selling counterfeit coins to three pawn shops in the greater Minneapolis area.
Eric Michael Johnson, identified in a complaint filed July 31 in Minnesota’s 7th Judicial District Court located in Stearns County, could face a maximum sentence of five years imprisonment and/or a fine of $10,000

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Minnesota man charged with felony for selling counterfeit coins

A 28-year-old man from Waite Park, Minnesota, on September 25 is expected to respond to a felony charge for theft-by-swindle stemming from selling counterfeit coins to three pawn shops in the greater Minneapolis area.
Eric Michael Johnson, identified in a complaint filed July 31 in Minnesota’s 7th Judicial District Court located in Stearns County, could face a maximum sentence of five years imprisonment and/or a fine of $10,000

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Three receive ACTF Al Kreuzer Memorial Award from ICTA’s Anti-Counterfeiting Task Force

The Industry Council for Tangible Assets (ICTA) recognized three individuals on August 2 for their outstanding contributions in the effort to combat counterfeit coins and currency, and for their support of the Anti-Counterfeiting Task Force (ACTF).
Philip N

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CoinWeek News Wire for August 7, 2017: War on Cash and Coins, Monday Edition

By Coinweek ….   CoinWeek News Wire for August 4, 2017:  The War on Cash 4: The Cash Master 1.) Is e-payment fast rendering cash extinct? As a Guardian newspaper article points out in January, “If you begin to insist on cashlessness, it does put pressure on you to be banked and signed up to […]

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Bob McCabe’s Counterfeiting and Technology wins Numismatic Literary Guild award

Last night, at the World’s Fair of Money in Denver, Whitman author Bob McCabe won the Numismatic Literary Guild’s “Best Specialized Book” award for Counterfeiting and Technology: A History of the Long Struggle between Paper-Money Counterfeiters and Security Printing. The book was entered in the U

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Struck Counterfeit Coin of the Week: Repaired 1836 Gobrecht Dollar + 1-Page Attribution Guide

By Jack D. Young, Early American Coppers (EAC) …… Probably one of the most significant “finds” we as a group have made is this Gobrecht dollar, and it is certainly the earliest we have seen, as the holed source coin sold in a 2008 auction. This article is intended as another installment disclosing discovered current […]

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CoinWeek News Wire for July 14, 2017: The War on Cash

By Coinweek …. CoinWeek News Wire for July 7, 2017:  The War on Cash 1.) Visa Takes War on Cash to Restaurants Visa has long considered cash one of its biggest competitors and has been taking steps to chip away at it. Getting rid of cash is a priority for Visa Chief Executive Al Kelly, […]

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CoinWeek Ancient Coins Series: How Ancient Coins Were Made

By Mike Markowitz for CoinWeek …. BRICKS WERE PROBABLY the first mass-produced industrial product. Cast bronze arrowheads, produced by the millions, might well have been the second. But ancients coins were the most challenging mass-produced industrial product in antiquity. The successful mass production of ancient coins required many advances in metallurgy and a complex division […]

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Struck Counterfeit Coin of the Week: 1787 Massachusetts “4C” Half Cent + 1-Page Attribution Guide

By Jack D. Young, Early American Coppers (EAC) for CoinWeek …… A comment I have heard in regards to these latest struck fakes is that the counterfeiters do not copy low-grade or common coins; the subject of this latest article begs to differ and I titled my previous Colonial Coin Collectors Club (C4) News Letter […]

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From the Brink II: An Update on Struck Counterfeits & Damaged Source Coins – 1807 Early Dime & Friends

By Jack D. Young for Early American Coppers (EAC) …… This article is intended as a continuation of the information reported in my previous CoinWeek article in regards to discoveries of damaged and repaired legitimate coins used to create the dies to strike this latest wave of struck “clones”/counterfeits. As previously stated, the research continues […]

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CoinWeek News Wire for June 23, 2017: Gold Coins, Bitcoin, Crime Alert…

By Coinweek …. CoinWeek News Wire for June 23, 2017 Brain Food 1.) Does Japan’s five-yen coin need a foreigner-friendly redesign? The five-yen coin is the only denomination without its value written in numerals. The only indication of its worth is in the kanji characters 五円, which mean “five yen,” and so foreign visitors who […]

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CoinWeek News Wire for May 12, 2017

By Coinweek ….   CoinWeek News Wire for May 12, 2017 Current Events 1.) Indian Demonetization did not impede future black money flows: UN report The Indian government’s demonetisation measures did not impede future black money flows in new denominations, a UN report said on Monday. According to UN Economic and Social Survey of Asia […]

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Building a World Class Numismatic Gold Coin Collection: The Josiah K. Lilly Collection, Pt. 11

By Harvey Stack – Founder, Stack’s Bowers ……   CoinWeek continues to post Harvey Stack’s wonderful series of blogs on not only the building of one of the all-time greatest coin collections but also how the relationship between Josiah K. Lilly and the Stack family grew over time. This week’s entry compiles parts 19 and […]

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ICTA’s Anti-Counterfeiting Task Force gets underway with steering committee and work groups

The Industry Council for Tangible Assets has named an 11-member steering committee and has formed eight work groups to begin the work of its Anti-Counterfeiting Task Force.
ICTA created the Anti-Counterfeiting Task Force in January and named Beth Deisher as its director

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ICTA Names Industry Notables to Task Force Steering Committtee, Forms Work Groups

By Industry Council for Tangible Assets ….. The Industry Council for Tangible Assets (ICTA) has named an 11-member Steering Committee and has formed eight Work Groups to begin the work of its Anti-Counterfeiting Task Force (ACTF). ICTA created the Anti-Counterfeiting Task Force in January and named Beth Deisher as its director. ACTF’s mission is to […]

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ANA-Summer-Seminar-banner

There’s still time to register early for the 2017 ANA Summer Seminar

Hobbyists interested in attending the American Numismatic Association’s (ANA) 49th annual Summer Seminar in Colorado Springs, Colo. can now register for the event online

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ANA-Summer-Seminar-banner

There’s still time to register early for the 2017 ANA Summer Seminar

Hobbyists interested in attending the American Numismatic Association’s (ANA) 49th annual Summer Seminar in Colorado Springs, Colo. can now register for the event online

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Counterfeits – The Battle Begins

The best protection against the threat of counterfeits is to buy coins from a reputable source By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… My term as President of the American Numismatic Association (ANA) will expire in August. I have told many friends and business associates that I still have much that I would […]

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CoinWeek News Wire for March 3, 2017

By Coinweek …. CoinWeek News Wire for February 24, 2017 Brain Food 1.) Coins tell tales of kings, their fancies The longest reigning ruler Aurangazeb changed his monetary system so many times in his 49 years of reign that numismatist and author of the book South Asian Coins and Paper Money, Rajender Marudhar, says that […]

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Anti-Counterfeiting Task Force Formed; Beth Deisher Hired as Director

At their January 4 meeting, the board of directors of the Industry Council for Tangible Assets (ICTA) approved the formation of an Anti-Counterfeiting Task Force (ACTF) committee. The aim of the ACTF is to mobilize law-enforcement resources to protect the integrity of U

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Anti-Counterfeiting Task Force Formed; Beth Deisher Hired as Director

At their January 4 meeting, the board of directors of the Industry Council for Tangible Assets (ICTA) approved the formation of an Anti-Counterfeiting Task Force (ACTF) committee. The aim of the ACTF is to mobilize law-enforcement resources to protect the integrity of U

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CoinWeek News Wire for January 27, 2017

By Coinweek …. CoinWeek News Wire for January 27, 2017 Brain Food 1.) Should bank tellers reveal the value of old coins? A teenager takes a bunch of old coins, some of them may be of silver or antiques, to a bank and gets just the face value of them in exchange. The question, “Does […]

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World Coins – A History of the Netherlands Gold Ducat, Part 2: The Standard to Be Followed

By Dariusz F. Jasek ….. Link to Part 1 About a century before the birth of the Netherlands gold ducat, many different gold coins were in circulation in the Low Countries and neighboring lands. Various coin types were usually minted strictly for specific purposes: e.g. goldguldens were usually minted for trade with Germany, while gold […]

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World Coins – A History of the Netherlands Gold Ducat, Part 2: The Standard to Be Followed

By Dariusz F. Jasek ….. Link to Part 1 About a century before the birth of the Netherlands gold ducat, many different gold coins were in circulation in the Low Countries and neighboring lands. Various coin types were usually minted strictly for specific purposes: e.g. goldguldens were usually minted for trade with Germany, while gold […]

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CoinWeek News Wire for December 9, 2016

By Coinweek ….   CoinWeek News Wire for December 9, 2016 Brain Food 1.) Plough uncovers major hoard of Roman coins A WONDERFUL collection of 120 Roman Imperial coins was unearthed in the Isle of Axholme. The so-called Owston Ferry Hoard was discovered in 1952 by Mr. A. T. Pitchfork. Ploughing a field in the village, […]

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World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]

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World Currency News – India Demonetizes 500 & 1,000 Rupee Banknotes

There was more than one surprise on election night… By CoinWeek Staff Reports …. While much of the world–and certainly much of the world’s press–was otherwise occupied on election day, shortly before midnight on Tuesday, November 8, Indian Prime Minister Narendra Modi announced that the Indian 500 rupee (Rs 500, or ₹500) and 1,000 rupee […]

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CoinWeek News Wire for November 11, 2016

By Coinweek …. CoinWeek News Wire for November 11, 2016 Current Events 1.) Some Central Florida toll booths not registering $1 coins Central Florida Expressway Authority officials said they weren’t aware of the problem until Channel 9 brought it to their attention… Under the Radar 2.) Commemorative Singapore Botanic Gardens coin unveiled A commemorative coin showcasing iconic features of the Singapore […]

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Buyers Beware! Fake British Virgin Islands Collector Coins from Unauthorized Distributor

(Thursday, October 27)–The government of the British Virgin Islands is advising the public, especially coin collectors, that “coins” purported to be issued in the name of the British Virgin Islands have been offered for sale to coin dealers and the general public. (Two examples are shown above

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United Kingdom: Treasury Unveils Final Image for New Pound Coin

Her Majesty’s Treasury have unveiled the final images for the new £1 coin, which will begin circulation from March 2017. The £1 coin, which is currently a round piece produced in aluminum-zinc, is transitioning to a 12-sided shape

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US Mint News – Request for Comments on Coin Exchange Program

For many years, the United States Mint has administered a program by which people and businesses could exchange bent and partial coins (commonly referred to as “mutilated coins”) for reimbursement. Bent coins are defined as U.S. coins which are bent or deformed so as to preclude normal machine counting but which are readily and clearly […]

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CoinWeek News Wire for October 21, 2016

By Coinweek …. CoinWeek News Wire for October 21, 2016 Brain Food 1.) What is the Average Lifespan of a Coin? Coins are tough little devils. Over the course of a coins’ lifespan, they will be dropped, kicked, stepped on, possibly run over by a vehicle, or involved in some children’s experiment to discover just how […]

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Gold & Silver PAC October 2016 e-Newsletter

By Scott Barman for the Gold & Silver Political Action Committee ….. From the Political Coordinator Every four years we elect a president and vice president. By definition, elections are politically motivated exercises and candidates look to convince you to elect them and not their opponent. I used an opportunity to have a discussion about […]

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Famous Coin Counterfeiter Thomas Wyatt’s Larcenous Letters of Deception – 4K Video

At the American Numismatic Association’s (ANA) 2016 World’s Fair of Money, CoinWeek’s editors stopped by the table of numismatic bookseller Kolbe & Fanning to take a look at an intriguing collecting of letters from known counterfeiter and numismatic forger Thomas Wyatt. In this 4K CoinWeek Exclusive video, Dr. David Fanning discusses the contents of the letters […]

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World Coins – A History of the Netherlands Gold Ducat: As It Began

By Dariusz F. Jasek ….. Not long before the first gold ducats were minted, in 1252 the mints of Florence and Genoa started minting florins. They were minted with a similar but inconsistent weight and fineness, thus they did not always maintain the same value. This led to the introduction of a new coin – […]

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World Coins – A History of the Netherlands Gold Ducat: As It Began

By Dariusz F. Jasek …..   Not long before the first gold ducats were minted, in 1252 the mints of Florence and Genoa started minting florins. They were minted with a similar but inconsistent weight and fineness, thus they did not always maintain the same value. This led to the introduction of a new coin […]

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How Big Is the Rare Coin Counterfeiting Problem?

By Jeff Garrett for Numismatic Guaranty Corporation ……   The issue of counterfeit coins has been around for a very long time For years, the numismatic industry has dealt effectively with the problem of counterfeit rare coins. You can read numismatic journals from the 19th century and realize that collectors were dealing with the problem even […]

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Letters by Legendary Colonial Coin Forger Thomas Wyatt Offered at ANA

Kolbe & Fanning Numismatic Booksellers are proud to announce that they will be displaying for sale at this week’s American Numismatic Association (ANA) World’s Fair of Money (Booths 263 and 362) an exceptionally important group of six handwritten letters by the notorious forger Thomas Wyatt. The letters, all of which pertain to Wyatt’s creation of […]

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CoinWeek News Wire for August 5, 2016

By Coinweek …. CoinWeek News Wire for August 5, 2016 Brain Food 1.) Newman Numismatic Portal Update The Newman Numismatic Portal will be represented at the American Numismatic Association’s (ANA) World’s Fair of Money in Anaheim, California next week. Stop by and visit, or attend one of our presentations. Our schedule is: Wednesday, August 10: […]

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Whitman Publishing Releases Bob McCabe’s Historical Reference on Paper-Money Counterfeiting and Technology

(Atlanta, Georgia) — Whitman Publishing announces the upcoming release of Counterfeiting and Technology: A History of the Long Struggle Between Paper-Money Counterfeiters and Security Printing, by Bob McCabe. In 480 pages this narrative covers the origins and development of paper and printing; the formation of engraving companies in America, particularly in the melting pot of Philadelphia; the measures taken by the Secret Service and the Bureau of Engraving and Printing against counterfeiting; and the scoundrels who regularly advanced their careers through forgery and inadvertently encouraged new technology

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Numismatic Books – Whitman Publishes Paper Money Counterfeiting and Technology Reference

Whitman Publishing announces the upcoming release of Counterfeiting and Technology: A History of the Long Struggle Between Paper-Money Counterfeiters and Security Printing, by Robert “Bob” McCabe. In 480 pages this narrative covers the origins and development of paper and printing; the formation of engraving companies in America, particularly in the melting pot of Philadelphia; the […]

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5 Ways You Can Avoid Falling for Counterfeit Coins

By Littleton Coin Company ……….. There’s been a lot of buzz lately in the numismatic world about counterfeit coins – especially those coming from China. Counterfeiting is as old as coins themselves. However, the biggest problem with these newer fraudulent coins is that better technology makes them harder to detect – since they appear more […]

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World Paper Money – Euro Banknote Counterfeiting Declines 1st Half 2016

By European Central Bank …..   331,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2016 Around 80% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes continue to be a trusted and safe means of payment […]

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CoinWeek News Wire for July 22, 2016

By Coinweek ….   CoinWeek News Wire for July 22, 2016 Brain Food 1.) The history keepers On a cool, cloudy Tuesday morning … a coin collector stops by the Laxmi Narayan temple in Basantapur, looking for a coin minted during the reign of Prithivi Narayan Shah. There he finds an old man, seated on […]

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Wealthy Max Presents Motion to Dismiss in Civil Forfeiture Case

By Wealthy Max Ltd …..   The Wealthy Max Limited legal defense team from GeyerGorey LLP, represented by Robert Connolly, presented the arguments behind its motion to dismiss the civil forfeiture case brought by the US Attorney for the District of New Jersey. The hearing was held in the courtroom of Judge Juan R. Sanchez, […]

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Bob McCabe’s Book on Counterfeiting To Be Released This Holiday Season

This winter, the long-anticipated story of paper-money counterfeiting by historian Bob McCabe will make its debut. Counterfeiting and Technology: A History of the Long Struggle Between Paper-Money Counterfeiters and Security Printing is an adventurous monument to the history of paper money and, most importantly, to the technology that created it

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Anti-Counterfeiting: New Techs Fight Fake Coins

By Steven Cochran for Gainesville Coins …… As The Royal Mint begins production of a new 12-sided £1 coin made with their recently-patented anti-counterfeiting measures, it seems like a good time to look at some of the recent technologies being used to fight fake coins. Quitting the Old Quid The Royal Mint’s campaign to invent […]

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PNG Advises Caution To Avoid Gold And Silver Counterfeits

The Professional Numismatists Guild has shared the following press release regarding counterfeit gold and silver coins:
May 3, 2016
(Temecula, California) – Beware of counterfeit vintage rare coins and fake modern gold and silver bullion items now being offered in the marketplace. Purchase only from reputable dealers, cautions the Professional Numismatists Guild

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Numismatic Crime – NCIC Weekly Bulletin, April 28

News and Alerts Concerning Numismatic Crime for the Month of April By Numismatic Crime Information Center ……   Vehicle Burglarized Below is a list of US coins and paper money stolen from Dick August after leaving a coin show in Westford, Massachusetts on April 24, 2016. Mr. August stopped a short distance from the show […]

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U.S. Mint News – United States Extends Suspension of Coin Exchange Program

Under the authority of 31 U.S.C. 5120, the United States Mint established a program by which people and businesses could exchange bent and partial coins for reimbursement. Fused or mixed coins cannot be redeemed by the United States Mint. On November 2, 2015, the United States Mint suspended the exchange program for a period of […]

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Wealthy Max Ltd – FormerFeds Group Issues Mutilated Coin Redemption Program White Paper

Recommends U.S. Mint Require Tougher Compliance Program for Coin Redeemers By FormerFeds Group, LLC ……. The FormerFeds Group, LLC today announced the release of its White Paper on the U.S. Mint’s Mutilated Coin Redemption Program including recommendations to improve coin redemption procedures. This program was suspended by the Department of the Treasury in November 2015 […]

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CoinWeek Weekly Coin & Currency News Roundup – April 8, 2016

By Coinweek …. This week, we visit Peruvian counterfeiters, tour the Karlsruhe Mint in Germany and find out whether those coin counting machines at your local bank or grocery store are accurate. And we check in on a lot of news coming out of India. We also touch upon the Panama Papers, and reveal a […]

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CoinWeek’s Weekly Coin and Currency News Roundup – March 11, 2016

By Coinweek …. Welcome to the latest edition of CoinWeek’s Weekly Coin and Currency News Roundup. In this series we recap some of the cool, interesting, offbeat, ludicrous and maybe even disturbing news items that we’ve read over the past week.   Brain Food 1.) The Iron Bank Will Have Its Due No, that’s not […]

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Bad Money: Ancient Counterfeiters and Their Coins

CoinWeek Ancient Coin Series by Mike Markowitz…. Mundus vult decipi, ergo decipiatur “The world wants to be deceived, so let it be deceived.” — attributed to Petronius, 1st-century Roman satirist AROUND 650 BCE, on the eastern shore of the Aegean Sea, coinage was invented. Very soon afterward, counterfeit coinage appeared, and it has been with […]

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Damnatio ad Bestias, or: What Happened to Roman Counterfeiters?

By Gorny & Mosch…. As part of Auction 231 comprising “Ancient Art”, Gorny & Mosch presents an object that is a splendid illustration of the history of Roman law. A Terra Sigillata bowl from the 2nd to the 3rd centuries CE depicts a damnatio ad bestias. This type of execution was likewise applied to Roman […]

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Damnatio ad Bestias, or: What Happened to Roman Counterfeiters?

By Gorny & Mosch…. As part of Auction 231 comprising “Ancient Art”, Gorny & Mosch presents an object that is a splendid illustration of the history of Roman law. A Terra Sigillata bowl from the 2nd to the 3rd centuries CE depicts a damnatio ad bestias. This type of execution was likewise applied to Roman […]

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Bernard Von NotHaus, “Architect” of the Liberty Dollar to be Sentenced

Liberty Dollar creator and self proclaimed “monetary architect” Bernard Von NotHaus, who was found guilty in US federal court in North Carolina on March 2011 of Counterfeiting and Fraud, is scheduled to appear on December 2nd before U.S. District Court Judge Richard L. Voorhees for sentancing. The now 70 year old Von Nothaus has been […]

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