Gold Bullion and Coins

Silver Bullion and Coins
Hello to all of you. This is my first article here, and it was created, as I’ve always been passionate about this part of numismatics. That part is counterfeiting. Being part of eBay, as you browse, you notice a number of coins, that you find questionable, and that suspicion is often confirmed when you see the country of origin. Chinese counterfeiters get the most publicity, because they produce the most counterfeit coins. But, they are not the only country producing counterfeit coins. On a smaller scale, you have counterfeits from India, Singapore, The United States Of America, even, Great Britain. Having your coins certified can help confirm authenticity, but, what if the coin’s on eBay? How can you tell then? The simple answer, you need knowledge, and a good eye. This guide will be to help you with both. It will involve showing you pictures of some counterfeit coins that have been seen on eBay, and their problems.

1883 Hawaii Dollar

Counterfeit counterfeit hawaii o 150x150 Counterfeit Coins

 

 

 

 

 

 

 

 

 

Genuine

439878o Counterfeit Coins

How to verify authenticity: This particular counterfeit is from a Chinese eBay seller. It is of extremely high quality. You cannot always expect these issues to be of this quality, especially the ones from Singapore, but this is one to be on the lookout for. The main problem with this one is the dull, lifeless color that these coins often exhibit, because of the pot metal that is used in them. Also, the reeds on the edge are not exactly evenly spaced, which is another common property of the Chinese fakes.

Trade dollar Counterfeit

faketrade Counterfeit Coins1874CCctfttradedollarrev Counterfeit Coins

Genuine

49471t Counterfeit Coins

How to verify the authenticity: The problems that you can see with this trade dollar, are numerous. It is truly not one of southeast Asia’s better products. The main problem that you notice with this particular piece is the exaggerated point of the nose, and coronet. Also, Lady Liberty appears to be much thinner on the counterfeit piece. And, much like the counterfeit 1883 Hawaii dollar, it suffers a lifeless appearance given by pot metal.

Draped Bust dollar Counterfeit

1804dollarFAKEobverse Counterfeit Coins1804dollarFAKEreverse Counterfeit Coins

Genuine

1804 class 1 dollar Counterfeit Coins

How to verify authenticity: With the 1804 dollar being the second most valuable coin realized at auction, it’s only natural that some unscrupulous individual in the orient might attempt to cash in on the desirability of the coin. Most counterfeit draped bust dollars of all dates suffer this problem. Affectionately called the scowling Liberty dollars, they give liberty a pug nose, and a scrunched up face. The bust is significantly smaller than the genuine piece, and the rim is so weak as to be nearly non existent. As a note: NEVER buy a draped bust dollar unless you have clear photos, and can guarantee authenticity, or it is certified by a reputable company, as counterfeiting is rampant for all dates. Coronet eagles Counterfeit Authentic How to verify authenticity: Counterfeits in the Coronet series are quite common. They are generally circulating counterfeits which were of low quality, and have no gold content, and were intended to slip past the corner grocer. They are of so poor quality, that you would think that no collector would fall for them, but, it does happen. The biggest giveaway about this one is that the gold plating is coming off, revealing the tin underneath, and the fact that no Coronet Eagles were minted in 1800. Various Fantasy pieces {The format for these issues will be different than the others, as these are completely different}

1906 Ellis Island Dollar

ellisfake Counterfeit Coins

These pieces are obviously not genuine United States Coinage. That, however, is far too often ignored, and these are often passed off as  genuine Ellis Island dollars (which were produced in 1986) . They are almost always lightly struck, as evidenced in the above photos, and they contain no silver. No one really knows why these were produced, but they are almost definitely Asian in origin.

Various dates of fantasy silver eagles

 Counterfeit Coins

This piece poses a puzzle again. These are cast, and contain white metal, and are in replication of a genuine silver eagle. They are easy to spot, Any silver eagle before 1986 is not genuine. I’ve seen these dated 1901, and 1906, but, allegedly, there are other dates too.

Counterfeit Dies

 Counterfeit Coins

Not everyone out there is as ethical as you, the dear reader. Some of the better quality counterfeits are struck with dies. These dies are available from sellers in China for $200 for undamaged dies, with rusted dies selling for $50. For the study, the collection, and the education of others on this subject, I purchased one from a Chinese counterfeiter. He sent me the following photograph. You’ll notice that these are of excellent quality, and could easily pass for a genuine coin to the untrained eye. Authentication is essential for any coin valued above $50 in my professional opinion. Please take note of every details of these dies, as images rarely surface of them.

A few last words: My goal of this is not to scare you out of collecting. My goal here is to open your eyes about counterfeiting, and show you a select few types of counterfeits out there. It should only serve as a general guide. There are many more types of counterfeits out there. I would love to hear your thoughts on this,

Leave a Reply

You must be logged in to post a comment.


 Powered by Max Banner Ads