Counterfeit Coins | New Coin Releases

Category Archives: Counterfeit Coins

Beware Fake Silver! The 2015 Panda.

CyberCurtainTwitcher takes a quick look at a fake 2015 Panda sent in to them before terminating it so it can’t go back into circulation.

There are 30 million fake £1 coins in circulation – HERE’S how to spot one

FAKE £1 coins are in mass circulation, with over 30 million of them hiding in our purses and wallets. The vast number of fakes is the reason behind the Royal Mint’s new pound coin, to be released later this year. So can YOU spot a fake?

Almost three percent of coins are fake, and it’s illegal to use one – although it’s fairly likely you have handled one at some point, given the amount of sterling that passes through our fingers.

Royal Mint has asked people to hand in fake coins – but you won’t get a legal tender back, so make sure not to pick up a worthless fake with these guidelines from Royal Mint.

Read more: Express

Counterfeit Detection: Altered 1856 Flying Eagle Cent

Date alterations are the most common type of counterfeit seen on 1856 Flying Eagle cents.

By 1856 the half cent and large cent denominations had become extremely unpopular. They hardly circulated since their large sizes were simply too cumbersome to be useful in commerce. In addition, their size and 100% copper composition made them expensive to produce and the US Mint barely covered its costs when striking the coins. It was clearly time for a change.

With large cents still being issued, Chief Engraver James B. Longacre created dies for a smaller cent with a flying eagle design in 1856. A total of some 2,000-3,000 pieces of this prototype—or “pattern” in numismatic terminology—were struck. Examples were given to legislators and the public was also able to buy pieces directly from the Mint.

Be sure to continue to read at the source: NGC

Richmond man arrested after allegedly selling fake coins

RICHMOND, Ind. (WANE) – Indiana Excise Police arrested a Richmond man on four felony charges after allegedly selling fake coins to two other men.

Dennis Heavilon, 65, was arrested on charges of corrupt business influence, counterfeiting, forgery, and theft in the area of 6th and South A streets in Richmond, according to a press release from Indiana Excise Police.

Be sure to continue to read at the source: Wane.com

Two Charged with Selling Counterfeit Gold Bars and Coins

An Ocean View couple faces charges after police say they sold counterfeit gold bars and coins to Sussex County residents.

selling-counterfeit-gold-bars-and-coins

Source of Image: Cape Gazette

Delaware State Police began an investigation Oct. 24 after receiving a report about the sale of counterfeit gold bars and coins over the internet, said Sgt. Richard Bratz of the Delaware State Police.

Read more: Cape Gazette

Fraudster ordered thousands of fake £2 coins from China to sell at car boot sales

A FRAUDSTER ordered thousands of fake £2 coins from China to sell at car boot sales, a court was told.

Andrew Gilbert admitted ordering 5,000 counterfeit £2 coins to be delivered on a cargo flight run by DHL from Shanghai to Heathrow Airport when he appeared at Worcester Crown Court.

Read more: Worcester News

Zimmerli displays counterfeit coins as part of Roman collection

Thirteen counterfeit coins that have been urinated on will be on display at Rutgers. 

This year Rutgers University Department of Classics is pairing up with the Zimmerli Art Museum to display 13 counterfeit coins from their Ernst Badian collection of Roman Republic coins, according to the Rutgers University Libraries website.

This collection will be shown in the Class of 1973 Study Gallery. 

Faculty members at Rutgers can use the gallery to showcase an exhibit that pertains to their class, according to the Zimmerli Museum website.

The museum was inspired by other institutions to create the hands-on experience the Study Gallery offers, said Donna Gustafson, the Andrew W. Mellon Liaison for Academic Programs and Curator. 

Be sure to read more at the source: The Daily Targum

Counterfeit Coin Detection – Gold Coins

Learn common diagnostics of counterfeit gold coins from PCGS in this short video course. Watch the entire series at https://www.pcgs.com/education.

PCGS Official Site: http://www.PCGS.com
PCGS Facebook: https://www.facebook.com/PCGScoins
PCGS Instagram: https://www.instagram.com/PCGScoin
PCGS Twitter: https://twitter.com/PCGScoin

Counterfeit Detection, Dollars & Commemoratives

Learn important counterfeit coin detection insights for Dollars and Commemoratives in this short video from PCGS. Both genuine and counterfeit examples of Morgan Dollars, Trade Dollars and Silver Commemoratives are used to illustrate the course.

PCGS Official Site: http://www.PCGS.com
PCGS Facebook: https://www.facebook.com/PCGScoins
PCGS Instagram: https://www.instagram.com/PCGScoin
PCGS Twitter: https://twitter.com/PCGScoin

Delhi police puts an end to fake 10 rupee coins’ circulation, busts racket

Delhi, India – The crime branch has busted a racket of minting fake 10 rupee coins of Indian currency and arrested two.

The crime branch has recovered 800 coins of 10 rupee each, 10 dyes used for minting coins, two hydraulic machines and raw materials. A total seizure of Rs 8,000 was made.

Secret inputs were received about a syndicate of fake coins racketeers operating clandestinely and circulating fake coins in Delhi and NCR.

Be sure to continue to read at the source: India Today