COUNTERFEIT coin NOTICES
 

http://lakdiva.org/coins/notes/iapn_ibscc.html


My common sense notices that "they" (read crooks) CONTERFEIT coins that they can make a LOT of money on.

So be very careful buying "coins" that can appear on face to gain extra money because of the type and date(s). I.E. French gold coins around the REVOLUTION. I'm sure you get the "picture."

:5_1_120::5_1_120:

Re: COUNTERFEIT coin NOTICES
 

I just picked up a 1780 Austrian Thaler restrike and noticed that it is slightly larger then the other Thaler I own.
I'm wondering if it's a fake?
Does anyone know if there is variation in Thaler restrike diameters?
Thanks.

Re: COUNTERFEIT coin NOTICES
 

You need to weight the coin to be certain. It's very difficult for conterfeiters to have the same dimensions AND weight. Older coins (pre-1900's) do have a wider tolerance for dimensions, but the weight should be spot on.

Re: COUNTERFEIT coin NOTICES
 

The 1780 Austrian Thaler restrike should weigh 28 grams (total weight). You might have the following website but if not, here is a link to more information on this coin.

http://24carat.co.uk/mariatheresathalerframe.html

Re: COUNTERFEIT coin NOTICES
 

"...they" (read crooks) CONTERFEIT coins that they can make a LOT of money on."

The Chinese are reportedly couterfieting common date Morgan silver dollars and making them look circulated. I'm told it costs them about fourteen cents to produce the coin and they view selling 'em at $12.00 as making a lot of money.

Re: COUNTERFEIT coin NOTICES
 

Good INTERESTING post. I agree ONE has to look at all situations. Since it cost more than $12.00 - however for a slabbed coin to BE slabbed - I would immediately suspect anything by initial price if it was out-of-whack.

That said. Most CROOKS are somewhat greedy - MOST being the keyword.

There are always the low ball cheesebags - however all that I caught was with counterfeit $50 and $100 bills in the 1970s when they could really buy something! I rarely even saw a PHONEY $20 bill. Guess they were just greedy too.

:5_1_120::5_1_120:

Re: COUNTERFEIT coin NOTICES
 

"...Good INTERESTING post. I agree ONE has to look at all situations. Since it cost more than $12.00 - however for a slabbed coin to BE slabbed - I would immediately suspect anything by initial price if it was out-of-whack."

From what I understand, the Chinese are not slabbing the couterfiet Common Date Morgans. Rather, the coins being marketed naked.

Buyer beware.

Re: COUNTERFEIT coin NOTICES
 

The Chinese are making fake slabs too.

Go here
http://coins.about.com/b/2008/12/04/...ing-series.htm

Scroll down to the 3 links that lead to the articles.

Re: COUNTERFEIT coin NOTICES
 

Yes that's what the Coin World Magazine has been talking about for over a month. PCGS NGC SLABS that the Chinese have made conterfeit.

:signs14:

Re: COUNTERFEIT coin NOTICES
 

so how in the world are we meant to be able to tell if the whole dam slab is fake? is buying from a large online dealer a reliable method? I am starting to wonder if even they can be tricked.......is there some special method they use to tell real from fake?

Re: COUNTERFEIT coin NOTICES
 

In the coin magazines they show the differences between the fakes and the real ones.

Study.

Study.

Study.

If being in business was easy everyone would be in business.

:36_3_12::yes:

http://coins.about.com/od/coingradin...-PCGS-Slab.htm

here's a PHONEY note how phoney the coin looks and note how rare it is - they PROBABLY do the expensive coins NUMBER one.

So buy common dates - ain't no rocket science - common sense - hope you GOT some - but many do NOT.

Re: COUNTERFEIT coin NOTICES
 

I have recently come across 2 counterfeit $2 Canadian coins. If you do it in scale, there is money in it. However, I believe that the people who made these were shut down a few years ago.

Never underestimate the dynamics of greed and theft. If it works for government ...

Re: COUNTERFEIT coin NOTICES
 

so i received my counterfeit coins from ebay that i ordered....liberty and st gaudins gold replicas....they look nice. the weight is definitely light but the look is good. plus eventhough the auction had the word replica on the coins, the actual coins received did not.