A Welcome change-American Eagle design changes

Discussion in 'Coin Chat' started by thomas mozzillo, Oct 15, 2019.

  1. thomas mozzillo

    thomas mozzillo Well-Known Member

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  3. fretboard

    fretboard Defender of Old Coinage!

    "The decision by the United States Mint to redesign the reverses of the American Eagle gold and silver coins to accommodate new anti-counterfeiting technology is one of the best things to happen in the hobby in a long time."

    Gotta agree! :D
     
    Terrifrompa likes this.
  4. ldhair

    ldhair Clean Supporter

    I didn't know there was a counterfeiting problem with these.
     
  5. Gilbert

    Gilbert Part time collector Supporter

    People will do just about anything, including counterfeiting ASEs, to make a buck, especially in countries where the per capital income is peanuts.
     
  6. Islander80-83

    Islander80-83 Well-Known Member

  7. GoldFinger1969

    GoldFinger1969 Well-Known Member

    It doesn't say what these anti-counterfeit measures are. Anybody got any ideas ?

    My understanding was that it wasn't that profitable to make counterfeit coins as opposed to bills/currency. Only small-timers would have interest in making coin fakes since the ones who generally utilize them (collectors/numismatists) are very small compared to people who utilize a currency for everyday buys-and-purchases.
     
  8. Razz

    Razz Critical Thinker

    I am a collector and about 6 feet 1 inch in height. I don't consider myself small. :)
     
    Mainebill and GoldFinger1969 like this.
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    There probably isn't. I think it is just an excuse that the Mint is using to justify a price increase.

    Chris
     
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    A small radio chip will be installed in the core of each ASE so the government can track them.
     
  11. capthank

    capthank Active Member

    Almost everyone I know in Asia have a coffee can of counterfeit dollar size coins that they thought were genuine. It's a big business (Counterfeiting) and lots of folks get hurt financially. Counterfeit coins.jpg
     
  12. -jeffB

    -jeffB Greshams LEO Supporter

    If "They" have the technology to get radio signals in and out of a solid silver shell, "They" don't need to track us with chips, because "They" have repealed the laws of physics.
     
  13. PlanoSteve

    PlanoSteve Well-Known Member

    "The decision by the United States Mint to redesign the reverses of the American Eagle gold and silver coins to accommodate new anti-counterfeiting technology is one of the best things to happen in the hobby in a long time."

    Oh, this is going to stop China right in its tracks. There will be no way to circumvent it. The poor Chinese, what will they ever do to replace their counterfeits??? Are they smart enough to fool us again??? :banghead::facepalm::hungover::cyclops::dead::shifty:
     
    352sdeer likes this.
  14. thomas mozzillo

    thomas mozzillo Well-Known Member

    It is my understanding that the US Mint is going to use the same technology used by the Canadian Mint with their Privy mark.
     
  15. UncleScroge

    UncleScroge Active Member

    Yeah, right!
     
    LA_Geezer likes this.
  16. whopper64

    whopper64 Active Member

    If the U.S. Mint decides to use the Canadian technology, why bother changing the reverse design as it is part of the most beautiful coin in the world (so say many)? Why mess with a good thing? Considering the U.S. Mint's track record, it doesn't bode well for the outcome.
     
    352sdeer and GoldFinger1969 like this.
  17. GDJMSP

    GDJMSP Numismatist Moderator

    The majority of people not knowing is a large part of the problem. But to see just how big of a problem it really is, all ya gotta do is look. There's certainly no shortage of information about it.

    https://www.google.ca/search?as_q=&..._occt=any&safe=images&as_filetype=&as_rights=


    https://www.google.ca/search?lr=&as...=2ahUKEwii19bk-KDlAhXq01kKHY1dA1wQsAR6BAgJEAE

    It's even been talked about a lot here on the forum.
    https://www.cointalk.com/search/4584902/?q=counterfeit+silver+eagle&o=date
     
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    So what is the anti-theft change ?
     
  19. -jeffB

    -jeffB Greshams LEO Supporter

    Lady Liberty will be issued a firearm to carry.
     
  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    That I would buy!
     
  21. Conder101

    Conder101 Numismatist

    We will probably see the addition of an optically variable image (will show a different image depending on the viewing angle.) The image is made by how the light reflect off a series of engraved lines in the die. Of course if you can determine the shape of the lines, the counterfeiters can reproduce them. Canada, Mexico, Great Britain and Spain have all used this anti-counterfeiting feature and there have been counterfeits made of all of them. So far the optically variable images haven't been as good, and sometimes will only show one image. On the other hand some of the genuine coins that were made for circulation do not show the variable image well either.
     
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