Summary list of Recent Documented Struck Counterfeit US Coins

Discussion in 'US Coins Forum' started by Jack D. Young, Jul 1, 2018.

  1. Jack D. Young

    Jack D. Young Well-Known Member

    The following list is a summary of the documented known struck fakes; dollar values in red are known purchase prices of particular examples.

    list.jpg

    Best, Jack.
     
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  3. Jack D. Young

    Jack D. Young Well-Known Member

    This list and article documentation was reviewed with Secret Service in a meeting conducted by the Anti-Counterfeiting Task Force in June.

    ACTF-SS-mtg.jpg
     
    Dave Waterstraat, CircCam and Eduard like this.
  4. halfcent1793

    halfcent1793 Well-Known Member

    Jack is doing God's work. Now that the Secret Service knows he collects counterfeits, I hope he doesn't answer the doorbell late at night.
     
    Nathan401 and Jack D. Young like this.
  5. Conder101

    Conder101 Numismatist

    The service is really sending mixed messages. They applaud Jack for the work he's doing and tell him he is liable for arrest for doing it. "The Law is the law", but if you go to them pointing out people actively selling counterfeits, they can't be bothered. They seem to be only interested in trying to threaten people that are trying to protect others.
     
  6. Jack D. Young

    Jack D. Young Well-Known Member

    Honestly, he gave some "wiggle room" in the meeting- they have to prove "Criminal Intent" and he noted using counterfeits for education does not meet that requirement. But legally, there needs to be some language changes in the law to protect both sides, which is what the ACTF is actively pushing for. I'm just the apparent possible crash dummy... Actually, the Agent was not aware of these latest struck fakes and their potential threat to the Hobby, but he is now. We'll see where it goes from here, but he did comment that the SS does have several open "coin cases" being actively pursued.
     
  7. Jack D. Young

    Jack D. Young Well-Known Member

    We are discussing "documentation" and images...
     
  8. Eduard

    Eduard Supporter**

    I fully agree. The work which Jack is doing is invaluable to collectors. I hope that the
    Secret Service see that, and, that it is in fact a deterrent to those intent on deceiving.
    I also know that I will be double-checking some of the coppers in my collection, as I happen to a number which are on the list!
     
  9. Jack D. Young

    Jack D. Young Well-Known Member

    Interesting Eduard! Let me know of any varities you would like reviewed; it seems that examples that showed up 2011 on are at the highest risk for these latest struck ones.
     
  10. justafarmer

    justafarmer Senior Member

    Once confirmed as a counterfeit - if you were to stamp copy on it - then there should not be a problem. Anyway - when the coins are displayed as is for educational purposes - they are displayed only as suspected counterfeits - are they not?
     
  11. Jack D. Young

    Jack D. Young Well-Known Member

    Good point, unless there are more than one of each displayed together...
     
  12. GoldBug999

    GoldBug999 Well-Known Member

    Does anyone know if the TPG's are reviewing their prior submissions to see if they inadvertently certified any of these? Or, if anyone has contacted TPG's to request payments for restitution?
     
  13. Jack D. Young

    Jack D. Young Well-Known Member

    Yes; have been working with several of the TPG's since this hit for us back in 2015. Both PCGS and NGC shared suspect submissions with us and many have been de-certed on their websites. 6 of the red $ marked coins were purchased back by the appropriate TPG under their guarantee- another reason to keep them in the slabs!
     
  14. GoldBug999

    GoldBug999 Well-Known Member

    That's great news, and advice, re: keep them in their holders. Thank you!
     
    Jack D. Young likes this.
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