Category Archives: Counterfeit

Counterfeit Protection: 1881-S Morgan Dollar

From the NGC by Max Spiegel, Numismatic Researcher Raised areas and the incorrrect shape of the mintmark identify this 1881-S Morgan as a counterfeit. The 1881-S Morgan dollar is not a coin that you would expect to see faked. It is easily the most common date in the Morgan dollar series, and NGC has graded […]

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Counterfeit Detection – Die Struck Counterfeit 1916-D Mercury Dime

1916-D Counterfeit Mercury Dime By Numismatic Guaranty Corporation …… Skillful identification of counterfeit coins is essential to the hobby. Numismatic Guaranty Corporation (NGC) recently received a die struck copy of an important coin that bore tooling marks, a telltale sign of counterfeit efforts. Read on for more details. It is very easy for authenticators to […]

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Enjoy ‘Gold Rush’ Prudently, Advises PNG

 
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 division of the Professional Numismatists Guild in a July 31 advisory.
“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,” said Richard Weaver, president of PNG-APMD. “If you don’t know gold, you’d better know your gold dealer

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‘Bogus Stella’ Case Investigated

Obverse and reverse of the counterfeit 1879 Coiled Hair $4 Stella that is jointly being investigated by the Anti-Counterfeiting Educational Foundation and federal and local California law enforcement agencies. (Images courtesy Ryan Moretti.)
Acting on a tip from the Anti-Counterfeiting Educational Foundation (ACEF), federal and local California law enforcement agents are now 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 agency announced in a July 14 statement

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Counterfeit Coin Detection – Altered 1856 Flying Eagle Cent

Altered Date 1856 Flying Eagle Cent 1856 Flying Eagle cents. By Numismatic Guaranty Corporation ……… Date alterations are the most common type of counterfeit seen . By 1856 the half cent and large cent denominations had become extremely unpopular. They hardly circulated since their large sizes were simply too cumbersome to be useful in commerce. […]

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Counterfeit Battles Continued in May

One of the 10 fake silver American Eagles sold to an unsuspecting victim who responded to an unsolicited advertisement on Facebook. (Image courtesy of fraud victim.)
A fraudulent advertisement for bullion coins on Facebook, fake encapsulation holders, and requests for expert help from federal agencies kept the non-profit Anti-Counterfeiting Educational Foundation busy during May 2020

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Counterfeit Coin Detection – 1861-D Gold Dollar – Added Mintmark

Genuine 1861-D gold dollar   By Max Spiegel –  Numismatic Guaranty Corporation …… NGC graders were surprised to see an 1861-D gold dollar with an added mintmark. There are a few key dates where you frequently encounter added mintmarks. The 1916-D Mercury dime is easily the most common, but other coins such as the 1909-S […]

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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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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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Counterfeit Detection – Die Struck Counterfeit 1916-D Mercury Dime

1916-D Counterfeit Mercury Dime By Numismatic Guaranty Corporation …… Skillful identification of counterfeit coins is essential to the hobby. Numismatic Guaranty Corporation (NGC) recently received a die struck copy of an important coin that bore tooling marks, a telltale sign of counterfeit efforts. Read on for more details. It is very easy for authenticators to […]

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Counterfeit Detection: Altered 1856 Flying Eagle Cent

Altered Date 1856 Flying Eagle Cent By Numismatic Guaranty Corporation ……… Date alterations are the most common type of counterfeit seen on 1856 Flying Eagle cents. By 1856 the half cent and large cent denominations had become extremely unpopular. They hardly circulated since their large sizes were simply too cumbersome to be useful in commerce. […]

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Counterfeit Coin Detection – 1793 Flowing Hair Large Cent

Counterfeit large cents – 1793 Flowing Hair Cent – Tooling Marks; Raised Lines By Max Spiegel, NGC ……..   The first coins struck by the United States Mint were the half cents and large cents made in 1793. All half cents from this year bear the left-facing Liberty Cap design, while large cents feature three major […]

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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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Counterfeit Coin Detection – 1861-D Gold Dollar – Added Mintmark

Genuine 1861-D gold dollar By Max Spiegel –  Numismatic Guaranty Corporation …… NGC graders were surprised to see an 1861-D gold dollar with an added mintmark. There are a few key dates where you frequently encounter added mintmarks. The 1916-D Mercury dime is easily the most common, but other coins such as the 1909-S VDB […]

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Counterfeit Coin Detection: 1793 Flowing Hair Cent

by Max Spiegel, NGC …….. Tool marks and raised lines identify a counterfeit 1793 Flowing Hair Cent. The first coins struck by the United States Mint were the half cents and large cents made in 1793. All half cents from this year bear the left-facing Liberty Cap design, while large cents feature three major design types: […]

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Coin Dealer, Grading Company Hit for Nearly $2 Million under Federal Racketeering Laws

By Paul Montgomery and Associates – PaulMontgomeryOnline.com….   A Federal Court Judge in Texas has ruled that a coin fraud victim’s estate should receive almost $2 million from a Long Island coin dealer and his grading company under the Racketeer Influenced and Corrupt Organization Act (RICO). The estate was assisted in its three-year recovery efforts […]

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