Counterfeit coins

Discussion in 'Coin Chat' started by SilverStacks63, Sep 24, 2015.

  1. Is there a problem or worry about counterfeited US modern coins?
     
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  3. Bedford

    Bedford Lackey For Coin Junkies

    No, but I do worry for those who collect those widgets.
     
    KoinJester likes this.
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not a problem or a care for me. Bills for general circulation, I know what to look for and I've caught a few at my bank over the years. For coins, I buy certified for any coin that is likely to be counterfeited. I feel that makes it safe to purchase.
     
    serafino likes this.
  5. Conder101

    Conder101 Numismatist

    There are counterfeit modern bullion coins (silver gold and platinum), counterfeit (laughably) Statue Of Liberty commemorative dollars, some fake Washington quarters (clad type) that were made for circulation, and some 2004 Keelboat nickels. But except for the bullion coins fake moderns are not much of a problem.
     
  6. scottishmoney

    scottishmoney Buh bye

    Most of the counterfeiting of contemporary coinage is going on in Colombia, where they are making Sackie Bucks that circulate in Ecuador.
     
  7. midas1

    midas1 Exalted Member

    "Most of the counterfeiting of contemporary coinage is going on in Colombia"

    I though China had a lock on that.
     
  8. $ignofthedollar

    $ignofthedollar Well-Known Member

    Wonder if there is a Pablo Escobar of fake coins out there.:wideyed::)
     
  9. scottishmoney

    scottishmoney Buh bye


    They make the fake Sackies for the Ecuador market, they are dollarised there. Then they make fake $100s for the rest of the world.
     
  10. dragondance

    dragondance Member

    I have seen many counterfeit coins since I collect Trade Dollars, which have the best counterfeits of any coin. It's part of the excitement.
     
  11. ldhair

    ldhair Clean Supporter

    They have made fakes of these for so long, there are some really good ones out there. The last modern fake that was any good was a Jefferson nickel.
     
  12. Thanks for the feedback. I more concerned about Gold American Eagles, platinum eagles and commemorative coins types.
     
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