Tag: Counterfeiting

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, 2016 0 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, 2016 0 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 […]

By November 1, 2016 0 Comments Read More →
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, 2016 0 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 […]

By October 20, 2016 0 Comments Read More →
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 […]

By October 14, 2016 0 Comments Read More →
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, 2016 0 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 […]

By August 5, 2016 0 Comments Read More →
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 […]

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

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 […]

By July 25, 2016 0 Comments Read More →
CoinWeek News Wire for July 22, 2016

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 […]

By July 22, 2016 0 Comments Read More →
Wealthy Max Presents Motion to Dismiss in Civil Forfeiture Case

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, […]

By July 19, 2016 0 Comments Read More →
Counterfeit Coin Detection – 1900-S $5 Half Eagle

Counterfeit Coin Detection – 1900-S $5 Half Eagle

This Middle Eastern counterfeit coin lacks the details of a genuine 1900-S Half Eagle. By  Numismatic Guaranty Corporation ……   When we think of counterfeiting 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 value. This wasn’t always […]

Counterfeit Coin Detection – Authenticating The 1909-S VDB Cent

Counterfeit Coin Detection – Authenticating The 1909-S VDB Cent

By Numismatic Guaranty Corporation … ……   Altered and counterfeit 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 first-year […]

CoinWeek News Wire for June 24, 2016

CoinWeek News Wire for June 24, 2016

By Coinweek ….   CoinWeek News Wire for June 24, 2016 The Brexit 1.) EU referendum explained: Brexit for non-Brits 2.) After Brexit, Europe faces an existential crisis Britain’s decision to quit the EU is a seismic moment for Europe because it points to the inescapable reality that a new national politics – whose angry […]

By June 24, 2016 0 Comments Read More →
Counterfeit Coin Detection – Fake $5 Indian Lacks Details

Counterfeit Coin Detection – Fake $5 Indian Lacks Details

Reverse of a Denver Mint Indian Half Eagle By  Numismatic Guaranty Corporation ……   The missing details on this $5 Indian reveal it to be counterfeit. One common technique used by authenticators is to assess a coin’s level of detail. This can be done simply by visual inspection with the aid of a low-power magnifier. […]

Anti-Counterfeiting: New Techs Fight Fake Coins

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 […]

Numismatic Crime – NCIC Weekly Bulletin, April 28

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 […]

By April 30, 2016 0 Comments Read More →
U.S. Mint News – United States Extends Suspension of Coin Exchange Program

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 […]

By April 29, 2016 0 Comments Read More →
Counterfeit Coin Detection – Fake $5 Indian Half Eagle with “Stock Reverse”

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 counterfeits, 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 […]

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

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 […]

By April 27, 2016 0 Comments Read More →
CoinWeek Weekly Coin & Currency News Roundup – April 15, 2016

CoinWeek Weekly Coin & Currency News Roundup – April 15, 2016

By Coinweek ….   For this week’s coin and currency news roundup, we focus on several updates of news stories we’d covered in previous roundups – as well as continue to explore a few general trends in numismatics and culture-at-large. Of course there’s some new stuff as well, so let’s get right to it. Brain […]

By April 17, 2016 0 Comments Read More →
Gold & Silver PAC April 2016 e-Newsletter

Gold & Silver PAC April 2016 e-Newsletter

By Scott Barman for the Gold & Silver Political Action Committee …..   From the Political Coordinator When congress adjourns for spring break there may be a few stragglers that may be found in the halls of the congressional office buildings doing some sort of work. Staffers who live in the Washington, DC area work […]

By April 14, 2016 1 Comments Read More →
CoinWeek Weekly Coin & Currency News Roundup – April 8, 2016

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 […]

By April 9, 2016 0 Comments Read More →
CoinWeek: Cool Currency! 2016 Episode 2 – 4K Video

CoinWeek: Cool Currency! 2016 Episode 2 – 4K Video

CoinWeek’s popular Cool Currency! series returns with a fantastic episode featuring four fascinating, unusual, and in the case of one particular piece, indecent currency notes. In this episode you will find out the backstory behind the $20 “Technicolor” note, see the Seychelles 50 Rupees “Sex Note” (can you find the hidden message that scandalized the Crown?), […]

Paper Money – Whatever Happened to North Korean Counterfeit U.S. $100 Bills?

Paper Money – Whatever Happened to North Korean Counterfeit U.S. $100 Bills?

By Joshua McMorrow-Hernandez for Coinweek …….   A long-running counterfeit currency saga, one that originated in North Korea during the 1970s and affected countless people in many nations around the world, seems to have ended. Or has it? Over the course of a few decades, millions of dollars in counterfeit U.S. $50 and $100 bills […]

 
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