Tag: Fake Coins

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 […]

Counterfeit Coin Detection – Altered Date 1856 Flying Eagle Cent

Counterfeit Coin Detection – Altered Date 1856 Flying Eagle Cent

Genuine 1856 Flying Eagle Cent By Max Spiegel – Numismatic Guaranty Corporation …..   NGC graders find an altered-date 1856 Flying Eagle cent and explain what to avoid. The 1856 Flying Eagle cent is an important and highly collectible issue because of its status as the first Small Cent. Large Cents, which had been struck […]

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. […]

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 […]

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

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 […]

Counterfeit Coin Detection – 1922 No D Lincoln Cent

Counterfeit Coin Detection – 1922 No D Lincoln Cent

Counterfeit 1922 No D Lincoln cent By Max Spiegel –  Numismatic Guaranty Corporation ……   The 1922 No D Lincoln cent has long been popular with counterfeiters but rarely do they go to the trouble of making dies. As a well known rarity, the 1922 No D Lincoln cent has been the target of counterfeiters […]

Counterfeit Coin Detection – 1942/41 Mercury Dime Overdate

Counterfeit Coin Detection – 1942/41 Mercury Dime Overdate

By Paul Sandler, NGC Grader/Researcher …… Altered dates and outright counterfeits are the two most common types of fake 1942/41 Mercury Dimes.   The 1942/41 Mercury Dime from the Philadelphia Mint is one of the most well-known overdates on any US coin. Although the variety was first discovered and announced in 1943, very few Mint State […]

Counterfeit Coin Detection – The Top 10 Most Common Counterfeit US Coins

Counterfeit Coin Detection – The Top 10 Most Common Counterfeit US Coins

The World’s Most Commonly Counterfeited Coin: The 1909-S VDB Lincoln Cent. By Max Spiegel –  Numismatic Guaranty Corporation ….   A list of the counterfeit US coins most often seen by NGC. NGC has graded more than 33 million coins since it was founded in 1987. Although most of the coins it receives are genuine, […]

Counterfeit Coin Detection – 1896-S Barber Quarter

Counterfeit Coin Detection – 1896-S Barber Quarter

Counterfeit 1896-S Barber Quarter By Max Spiegel –  Numismatic Guaranty Corporation …..   The distinctive reed marks on Liberty’s neck help make this fake more recognizable. The Barber Quarter series has several low mintage key dates: the 1896-S, 1901-S and 1913-S are scarce in all grades and rare in higher grades. Of the three the […]

Counterfeit Coin Detection – 1795 Flowing Hair Half Dime

Counterfeit Coin Detection – 1795 Flowing Hair Half Dime

Counterfeit 1795 Half Dime Reverse By Max Spiegel –  Numismatic Guaranty Corporation ……   Counterfeit half dimes are not particularly common, but NGC graders recently identified a fake 1795 half dime submission. The minuscule half dime was struck from 1794 to 1873, although many also include the pattern 1792 half disme—the first coin struck under […]

Counterfeit Coin Detection – 1872 Seated Liberty Silver Dollar

Counterfeit Coin Detection – 1872 Seated Liberty Silver Dollar

Counterfeit 1872 Seated Liberty Dollar By Max Spiegel – Numismatic Guaranty Corporation ….. Rough texture and minuscule raised dots within the recesses are clues that this 1872 Seated Liberty Dollar is a counterfeit. The 1872 Seated Liberty Dollar had the highest mintage of any coin in the series with just over 1.1 million pieces struck. […]

Counterfeit Coin Detection – 1891 Double Eagle US Gold Coin

Counterfeit Coin Detection – 1891 Double Eagle US Gold Coin

Counterfeit 1891 Double Eagle By Max Spiegel –  Numismatic Guaranty Corporation….   NGC graders identified an 1891-S Double Eagle with a removed mintmark. Because most alterations involve added, not removed, mintmarks, this coin might easily fool unsuspecting collectors. The California Gold Rush created an immediate need for a mint to turn the recovered gold dust […]

Counterfeit Coin Detection – 1908-S Indian Head Cent

Counterfeit Coin Detection – 1908-S Indian Head Cent

Counterfeit 1908-S Indian Head Cent By Max Spiegel –  Numismatic Guaranty Corporation …..   The grading room was recently presented with a 1908-S Indian Head Cent for certification. The 1908-S cent had the third-lowest mintage in the Indian Head cent series with 1,115,000 pieces struck. The first of only two San Francisco Mint Indian Head […]

Counterfeit Coin Detection – 1903-S Morgan Dollar

Counterfeit Coin Detection – 1903-S Morgan Dollar

Counterfeit 1903-S Morgan Silver Dollar By Max Spiegel – Numismatic Guaranty Corporation …..   The raised lumps and lines on this 1903-S Morgan Dollar are signs of counterfeit production. The Morgan Dollar is one of the most popular coins with collectors, and it’s not hard to see why. Silver dollars have a certain nostalgic appeal […]

Counterfeit Coin Detection – 1802 Draped Bust Silver Dollar

Counterfeit Coin Detection – 1802 Draped Bust Silver Dollar

Counterfeit 1802 Draped Bust, Heraldic Eagle Reverse Silver Dollar By Max Spiegel – Numismatic Guaranty Corporation ……… This spurious 1802 dollar is a good example of a typical counterfeit Bust Dollar seen by NGC graders. The Draped Bust, Heraldic Eagle Reverse silver dollar was introduced in 1798 as an update to the Small Eagle Reverse […]

Counterfeit Coin Detection: 1861 Type 2 US Gold Quarter Eagle

Counterfeit Coin Detection: 1861 Type 2 US Gold Quarter Eagle

Counterfeit 1861 Type 2 Quarter Eagle By Max Spiegel, NGC ……… Raised lumps of metal and lack of detail are red flags on this 1861 Type 2 Quarter Eagle. NGC graders recently evaluated a submission of US gold pieces that included a counterfeit 1861 Type 2 Quarter Eagle with several diagnostics frequently seen on a variety […]

Counterfeit Coin Detection – Chinese Counterfeit 1800 Draped Bust Dime

Counterfeit Coin Detection – Chinese Counterfeit 1800 Draped Bust Dime

Counterfeit 1800 Draped Bust Dime By Max Spiegel –  Numismatic Guaranty Corporation ……… Spurious 1800 Draped Bust Dimes are now starting to be seen more often. Draped Bust Dimes, struck 1796 to 1807, had fairly low mintages although emissions did increase with the 1806 and 1807 issues. The 1800-dated Draped Bust Dime had a mintage […]

Counterfeit Coin Detection – 1904 Gold $20 Double Eagle

Counterfeit Coin Detection – 1904 Gold $20 Double Eagle

Counterfeit 1904 Double Eagle By Max Spiegel –  Numismatic Guaranty Corporation ……… This counterfeit 1904 Double Eagle specimen exhibits relatively sharp design details, and its composition is virtually identical to that of a legitimate specimen. United States gold coins have been extensively counterfeited for decades and fakes are known for virtually all dates, even the […]

Counterfeit Coin Detection: 1921-D Walking Liberty Half Dollar

Counterfeit Coin Detection: 1921-D Walking Liberty Half Dollar

Counterfeit 1921-D Half Dollar by Max Spiegel –  Numismatic Guaranty Corporation ……………… he numerous abrasions were copied from a genuine specimen and will appear on all other counterfeits made from this pair of dies. The 1921-D boasts the lowest mintage in the Walking Liberty half dollar series with just 208,000 pieces struck. In low circulated […]

Counterfeit Coin Detection:   US Gold 1892 Half Eagle

Counterfeit Coin Detection: US Gold 1892 Half Eagle

Counterfeit 1892 Half Eagle by Max Spiegel –  Numismatic Guaranty Corporation ……………… Many counterfeit US gold coins originated in the 1960s and 1970s in the Middle East. The 1892 Half Eagle is a relatively common issue with a mintage of 753,480 pieces. This date can easily be located in circulated grades through MS 62, the […]

Counterfeit Coin Detection – Key Date 1870-CC Quarter

Counterfeit Coin Detection – Key Date 1870-CC Quarter

Counterfeit 1870-CC Quarter by Max Spiegel, Numismatic Researcher  – Numismatic Guaranty Corporation The 1870-CC is the key to the Seated Liberty quarter series. Read about the counterfeit that was submitted and how our experts recognized it. One of the most interesting fakes that NGC has received in the past year was an 1870-CC quarter. The […]

Counterfeit Coin Detection – 1882 $3 US Gold Coin

Counterfeit Coin Detection – 1882 $3 US Gold Coin

Counterfeit 1882 Three Dollar Gold By Max Spiegel, Numismatic Researcher, NGC….   On the Omega three dollar coins, the counterfeiter’s signature can be seen within the loop of the R in LIBERTY. Three dollar gold pieces are often overlooked by collectors despite having an unusual denomination and a plethora of low mintage issues. Minted from […]

Counterfeit Coin Detection: US Gold 1911-D Quarter Eagle

Counterfeit Coin Detection: US Gold 1911-D Quarter Eagle

Counterfeit 1911-D Quarter Eagle by Max Spiegel, NGC Numismatic Researcher The 1911-D is the key Indian Head quarter eagle. Read about two unusual alterations and how NGC experts discovered  these two type of counterfeits. Chased Mintmark There are a number of methods used by counterfeiters to add a mintmark to a coin, but probably the […]

Counterfeit Coin Detection – 1875-S Trade Dollar

Counterfeit Coin Detection – 1875-S Trade Dollar

Counterfeit 1875-S Trade Dollar By Max Spiegel, NGC….   One of the most extensively counterfeited United States issues is the Trade Dollar. Recently, one was submitted to NGC that exhibited a number of the telltale signs of a fake. Trade Dollars are one of the most extensively counterfeited United States issues, and fakes are received […]

Counterfeit Coin Detection: The 1924-S Standing Liberty Quarter

Counterfeit Coin Detection: The 1924-S Standing Liberty Quarter

Counterfeit 1924-S Standing Liberty Quarter By NGC ….. As we’ve said in previous Counterfeit Detection columns, no US coinage issue is immune from counterfeiting. Classic rarities and key dates, like the 1804 dollar and the 1916-D dime, are frequent targets of counterfeiting, but so too are more common coins. In fact, virtually every classic US […]

Counterfeit Coin Detection: Spark-Erosion 1858 Flying Eagle Cent

Counterfeit Coin Detection: Spark-Erosion 1858 Flying Eagle Cent

Spark-Erosion Counterfeit 1858 Flying Eagle Cent by NGC  ……. Spark erosion counterfeit coins aren’t made very frequently anymore because they are easy to spot once you learn how. This 1858 Flying Eagle Cent submitted to NGC for grading and authentication is a perfect example for study. This 1858 Small Letters Flying Eagle Cent was recently […]

Counterfeit Detection – Die Struck Counterfeit 1916-D Mercury Dime

Counterfeit Detection – Die Struck Counterfeit 1916-D Mercury Dime

1916-D Mercury Dime Counterfeit by NGC  ……. Skillful identification of counterfeit coins is essential to the hobby. 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 determine that a coin is […]

Counterfeit Coin Detection – 1937-D 3-Legged Buffalo Nickel

Counterfeit Coin Detection – 1937-D 3-Legged Buffalo Nickel

Evidence of heavy polishing where the fourth leg should be – 1937-D Buffalo Nickel by Max Spiegel, NGC  ……. The 1937-D 3-Legged Nickel is undoubtedly the most famous key date in the Buffalo Nickels series. Most collectors consider it to be a distinct issue although it is more accurately described as a late die state and […]

Counterfeit Coins Detection: 1914-S Lincoln Cent

Counterfeit Coins Detection: 1914-S Lincoln Cent

Counterfeit 1914-S Lincoln Cent by Max Spiegel, NGC  ……. NGC graders identified a recently submitted fake 1914-S cent as a slightly above-average copy. The 1914-D Lincoln Cent is well known as one of the keys to the series, but its San Francisco counterpart is a scarce issue in its own right, as are all S-Mint Lincoln […]

Counterfeit Coin Detection: 1893-O Morgan Dollar

Counterfeit Coin Detection: 1893-O Morgan Dollar

Posted by Ben Wengel, NGC Grader ……. A recent 1893-O Morgan Dollar submission was confirmed a counterfeit when NGC graders identified one telltale sign. Recently, a well made die struck counterfeit Morgan dollar dated 1893-O was found in a bulk deal while at NGC. While the piece was well made, it had one telltale diagnostic that made […]

 
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