Tag: Counterfeiting

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 […]

Gold & Silver Political Action Committee  March 2016 e-Newsletter

Gold & Silver Political Action Committee March 2016 e-Newsletter

By Barry Stuppler for the Gold & Silver Political Action Committee …..   From the Political Coordinator What began as an English proverb as “March comes in like a lion and goes out like a lamb” may become a relic of history. Aside from the weather implications, the markets are experiencing a lion-like robustness that […]

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

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 […]

By March 11, 2016 0 Comments Read More →
Gold & Silver PAC:  Please Thank Congressman Sessions at Dallas Money Show

Gold & Silver PAC: Please Thank Congressman Sessions at Dallas Money Show

By Barry Stuppler for the Gold & Silver Political Action Committee …..   Fellow Coin Dealer, It’s an election year and the Gold & Silver Political Action Committee is actively working with and supporting legislators who understand and agree with our issues. Pete Sessions is a highly-respected Texas congressman who is the Chairman of the […]

By February 27, 2016 0 Comments Read More →
Bad Money: Ancient Counterfeiters and Their Coins

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 […]

Counterfeit Coins, Bureaucracy and the Effects on Numismatics, Pt. 2

Counterfeit Coins, Bureaucracy and the Effects on Numismatics, Pt. 2

By Harvey Stack – Founder, Stack’s Bowers…. Editors Note: Links to the related two Articles…. Part 1     Part 3 In the early days after World War II, as counterfeit coins were being made and entering the country, the Secret Service started confiscating and seizing false gold coins found in jewelry shops, pawn shops and even […]

Counterfeit Coins and the Effects on Numismatics

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 […]

Heavier Metal: Ancient Coins Made of Lead

Heavier Metal: Ancient Coins Made of Lead

CoinWeek Ancient Coin Series by Mike Markowitz….   SOFT, DENSE AND DULL, LEAD is an unattractive coining metal. Lead melts at only 327.5° C (621.5° F) – low compared to copper, which melts at 1,085° C (1,984° F) – so it is easily recycled. It’s also toxic, something that was not well understood in antiquity. […]

By December 15, 2015 0 Comments Read More →
Eight Years After Seizure, Feds to Return Liberty Dollars to Owners

Eight Years After Seizure, Feds to Return Liberty Dollars to Owners

CoinWeek Staff Reports….   Millions of dollars worth of property seized in 2007 to be returned at some point in the near future… On August 14, 2015, Acting United States Attorney Jill Westmoreland Rose filed a document with the United States District Court for the Western District of North Carolina, Statesville Division, calling for the […]

By August 20, 2015 2 Comments Read More →
Biannual Information on Euro Banknote Counterfeiting

Biannual Information on Euro Banknote Counterfeiting

Decline in euro banknote counterfeits in first half of 2015 – overall number remains very low By European Central Bank….   454,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2015 86% of the counterfeits are €20 and €50 banknotes All euro banknotes can be easily verified using the “feel, look […]

By July 17, 2015 0 Comments Read More →
Alves Reis: The Man Who Would Be Rich

Alves Reis: The Man Who Would Be Rich

While there have been counterfeiting operations throughout history, few have been as coordinated and successful as the one that Alves Reis carried out in Portugal By Zachary Habermas – Paper Money Guaranty   Originally posted at www.pmgnotes.com on 7/1/2015. Throughout history there have been sophisticated schemes involving the counterfeiting of currency. Some have involved individuals […]

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

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 […]

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

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. The now 70 year old von NotHaus has been awaiting sentencing […]

By November 13, 2014 12 Comments Read More →
Canadian Coins Advanced $1 AND $2 Design Win BEST NEW COIN INNOVATION Award

Canadian Coins Advanced $1 AND $2 Design Win BEST NEW COIN INNOVATION Award

The Royal Canadian Mint overcame strong competition today from Britain’s Royal Mint and the Mint of Finland to win the inaugural Best New Coin Innovation Excellence in Currency Award presented by the International Association of Currency Affairs (IACA). This official recognition confirms the suite of advanced security features the Mint developed for Canada’s new multi-ply […]

By November 4, 2013 1 Comments Read More →
Silver Bullion News: The “New” Liberty Dollar is Back

Silver Bullion News: The “New” Liberty Dollar is Back

By Al Doyle for CoinWeek….   The Liberty Dollar – a one-ounce silver medallion that attracted the attention and wrath of the federal government and resulted in a pending prison sentence for its creator – is back in a revised form. Although the New Liberty Dollar retains the main design elements of a Liberty head […]

By March 19, 2013 1 Comments Read More →
US Attorney Says Attempts To Use “Liberty Dollar” As Money Is Domestic Terrorism – Von Nothaus Found Guilty

US Attorney Says Attempts To Use “Liberty Dollar” As Money Is Domestic Terrorism – Von Nothaus Found Guilty

Liberty Dollar creator and self proclaimed “monetary architect” Bernard Von NotHaus was found guilty in US federal court in North Carolina on Friday of Counterfeiting and Fraud. The Justice Department asserted that Von NotHaus was placing gold, and silver coins, along with precious metals currency  into circulation with the purpose of mixing them “into the […]

By March 21, 2011 0 Comments Read More →
 
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