Tag: Counterfeiting

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

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

By Coinweek ….   CoinWeek News Wire for August 7, 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 […]

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

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 […]

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

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

By Coinweek ….   CoinWeek News Wire for July 14, 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 […]

CoinWeek Ancient Coins Series: How Ancient Coins Were Made

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 ancient 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 […]

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

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 […]

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

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

By Jack D. Young, Early American Coppers (EAC) for CoinWeek …… 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 […]

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

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 […]

CoinWeek News Wire for May 12, 2017

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 […]

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

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 […]

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

ICTA Names Industry Notables to Task Force Steering Committee, 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 […]

Counterfeits – The Battle Begins

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 […]

CoinWeek News Wire for March 3, 2017

CoinWeek News Wire for March 3, 2017

By Coinweek ….   CoinWeek News Wire for March 10, 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 […]

CoinWeek News Wire for January 27, 2017

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, […]

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

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 […]

CoinWeek News Wire for December 23, 2016

CoinWeek News Wire for December 23, 2016

By Coinweek ….   CoinWeek News Wire for December 23, 2016 Brain Food 1.) Q&A: James Halperin How did a pair of college dropouts who were business rivals come together to form what is now the third largest US-auction house with annual sales in excess of $860,000? Our merger occurred in 1982 when the coin […]

By December 23, 20160 Comments Read More →
Gold and Silver Markets – Gold Closes Lower

Gold and Silver Markets – Gold Closes Lower

Commentary for Tuesday, December 20, 2016 (www.golddealer.com) By Ken Edwards and Richard Schwary of California Numismatic Investments Inc ……   Gold closed down $9.10 today at $1,133.60 in choppy trading. The gold and silver markets closed weaker because the dollar pushed higher in early trading. The Dollar Index closed yesterday at 103.13 and reached a […]

CoinWeek News Wire for December 9, 2016

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, […]

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

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 […]

By November 30, 20160 Comments Read More →
CoinWeek News Wire for November 11, 2016

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 […]

By November 11, 20160 Comments Read More →
Counterfeit Coin Detection: 1924-S Buffalo Nickel

Counterfeit Coin Detection: 1924-S 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 Nickel, which […]

US Mint News – Request for Comments on Coin Exchange Program

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 […]

By November 1, 20160 Comments Read More →
CoinWeek News Wire for October 21, 2016

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 […]

Gold & Silver PAC October 2016 e-Newsletter

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 […]

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

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 […]

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

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 […]

By September 26, 20160 Comments Read More →
How Big Is the Rare Coin Counterfeiting Problem?

How Big Is the Rare Coin Counterfeiting Problem?

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

Letters by Legendary Colonial Coin Forger Thomas Wyatt Offered at ANA

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 […]

CoinWeek News Wire for August 5, 2016

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 […]

Numismatic Books – Whitman Publishes Paper Money Counterfeiting and Technology Reference

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 […]

5 Ways You Can Avoid Falling for Counterfeit Coins

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 […]

 
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