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Looking for Info on US & European Counterfeit Coins from Lebanon
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<p>[QUOTE="GDJMSP, post: 3526083, member: 112"]Not really, not when you are aware of and understand the history of counterfeiting. And or the history of one or more countries using, preferring even, the currency of another specific country over their own. Examples of both of these things go back centuries, sometimes many centuries. And to a large degree it still occurs in today's world. To see examples of that all one has to do is think of how many countries there are today where the citizens will fall over themselves to accept US currency in preference of their own. But like I said, it goes back centuries.</p><p><br /></p><p>For example, at one point in time, starting in 1274, the Venetian gold ducat became the single most widely accepted and preferable currency there was in the known world. Making Venice the trade capital of the world for centuries. And those coins were struck, same basic design, same weight and fineness until I think it was the 1780s - 500 years of the same currency.</p><p><br /></p><p>And then you have the Netherlands gold ducat. First minted in 1586, and it's still being struck even today, same basic design, same weight and fineness. And it made the Netherlands the trade capital of the world for centuries. </p><p><br /></p><p>But there was also another aspect of the Netherlands gold ducat many are not aware of, though some are. It was so popular, so widely accepted, that for approximately 150 years the Russian Royal Mint counterfeited Netherlands gold ducats and distributed them in various parts of their own nation. Even used them to pay their soldiers. And every coin was struck with the same design, same weight and fineness, and the genuine coins. This is an example of a nation state intentionally counterfeiting the currency of another nation state - and doing so for their own purposes. These counterfeits were so good that even today the TPGs can rarely identify correctly as counterfeits, and they slab them as genuine coins on a regular basis.</p><p><br /></p><p>So when one is aware of and understands things like that - it kind of changes things doesn't it ? It puts an entirely new perspective on the why of it all. And these are only a couple of examples, there are many others. And some of them are ongoing even today.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3526083, member: 112"]Not really, not when you are aware of and understand the history of counterfeiting. And or the history of one or more countries using, preferring even, the currency of another specific country over their own. Examples of both of these things go back centuries, sometimes many centuries. And to a large degree it still occurs in today's world. To see examples of that all one has to do is think of how many countries there are today where the citizens will fall over themselves to accept US currency in preference of their own. But like I said, it goes back centuries. For example, at one point in time, starting in 1274, the Venetian gold ducat became the single most widely accepted and preferable currency there was in the known world. Making Venice the trade capital of the world for centuries. And those coins were struck, same basic design, same weight and fineness until I think it was the 1780s - 500 years of the same currency. And then you have the Netherlands gold ducat. First minted in 1586, and it's still being struck even today, same basic design, same weight and fineness. And it made the Netherlands the trade capital of the world for centuries. But there was also another aspect of the Netherlands gold ducat many are not aware of, though some are. It was so popular, so widely accepted, that for approximately 150 years the Russian Royal Mint counterfeited Netherlands gold ducats and distributed them in various parts of their own nation. Even used them to pay their soldiers. And every coin was struck with the same design, same weight and fineness, and the genuine coins. This is an example of a nation state intentionally counterfeiting the currency of another nation state - and doing so for their own purposes. These counterfeits were so good that even today the TPGs can rarely identify correctly as counterfeits, and they slab them as genuine coins on a regular basis. So when one is aware of and understands things like that - it kind of changes things doesn't it ? It puts an entirely new perspective on the why of it all. And these are only a couple of examples, there are many others. And some of them are ongoing even today.[/QUOTE]
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