Coin Collecting News

Monday
8 September 2008

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{Category Archives} Counterfeit Coins


PCGS to Display Chinese Coin Dies for Counterfeit Coins - Coin News

The Professional Coin Grading Service (PCGS) announced Monday the removal of a half dozen coin dies used to make counterfeit Chinese coins.

The company purchased the dies through an online auction with the purpose to stop their use in producing more counterfeit coins. They will also be used to help educate collectors, and will be displayed with fake coins at the Long Beach Coin, Stamp and Collectibles Expo held September 18 – 20, 2008.

Read article: PCGS to Display Chinese Coin Dies for Counterfeit Coins - Coin News

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Fake China Coin Dies on Display - NumisMaster

Professional Coin Grading Service has purchased a half dozen coinage dies used to produce counterfeit Chinese coins. PCGS will display the dies and numerous counterfeit Chinese coins at the Long Beach, Calif., Coin, Stamp and Collectibles Expo Sept. 18-20, as part of its consumer protection measures.

Read article: Fake China Coin Dies on Display - NumisMaster

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Pre-U.S. Mint releases include unauthorized coin issues - Coin World

Before the Philadelphia Mint began to produce the first of the nation’s regular issue circulating coinage in 1793, multiple series of coins and tokens – some of them unauthorized, some even counterfeit – circulated on American soil.

Some of the issues are extremely rare, with only a fraction of their original mintages known to exist today.

Read entire article: Pre-U.S. Mint releases include unauthorized coin issues - Coin World

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Controversial 1853 United States Assay Office $20 Coins Declared Transfer Die Forgeries

A panel of leading numismatists determined the questionable 1853 United States Assay Office of Gold $20 proof, prooflike, and similar coins to be forgeries produced from transfer dies.

The panel’s discussion was the main program at the annual meeting of the Society of Private and Pioneer Numismatists held in Baltimore, Maryland Saturday, August 2nd, 2008 as part of the American Numismatic Association’s World Fair of Money.

Read entire article: Controversial 1853 United States Assay Office $20 Coins Declared Transfer Die Forgeries

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Too-shiny toonie raises collector’s suspicions - London Free Press

Even the humble toonie isn’t immune from counterfeiters. A suspected counterfeit $2 coin, the first reported in London, turned up in a vending machine at a plant in the city earlier this month.

Martin Hodgson, a vice-president at Williams Form Hardware on Industrial Road, became suspicious when a toonie jammed a pop machine inside the plant.

Read entire article: Too-shiny toonie raises collector’s suspicions - London Free Press

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Man charged with selling fake coins - Courier Coins

A local man passed off a collection of replica silver coins as real and made more than $3,200 before getting arrested last week.

Police said Kenneth Schields, 50, of Maplewood Drive in Middletown, has been charged with three counts of theft by deception and criminal attempt at theft and sent to Bucks County prison on $75,000 bail.

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Watch out for counterfeit coins - Coin Collector’s Blog

One of the biggest problem with some online auction sites are the number of counterfeit coins being sold as genuine. Many of these coins look genuine. They may have been made of cast models of genuine coins with engraved enhancing to make them look better. Others are very badly made where designs have dates of coins that does not exist. Two coins commonly faked are Trade Dollars and Morgan Dollars.

Entire article: Watch Out for Counterfeits

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