Featured Modern counterfeit world coins... train your eyes, get your game up

Discussion in 'Coin Chat' started by Numismat, Nov 5, 2014.

  1. Hotpocket

    Hotpocket Supreme Overlord

    This is very disturbing and disappointing. I collect world coins, mostly from Germany and Italy, but also from Switzerland, Netherlands, France, Austria, Belgium and Great Britain. I am by no means an expert, but I have learned that because I have a broad interest, I need to do my research first before purchasing. I feel especially bad for the people who bought these coins - some in the hundreds of dollars.

    Thanks for posting these links, and I will be even more wary/suspicious than usual. Thankfully, for my more expensive purchases, I either buy coins that are already graded by NGC, or submit my coins for grading and have not had any issues. I know that there are no guarantees, but I think it minimizes the risk - and, if NGC certifies a coin as authentic and it turns out not to be they will compensate you (or buy the coin).

    Here is their policy: http://www.ngccoin.com/coin-grading/guarantee.aspx

    Thanks again, great post.
     
    Numismat likes this.
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  3. Numismat

    Numismat World coin enthusiast

  4. gxseries

    gxseries Coin Collector

    Here's another problematic seller. While he is "honest" enough to declare them as "novodel" or copies, this is not good enough.

    http://www.ebay.com/sch/Coins-World...om=&_ipg=25&LH_Complete=1&_ssn=twocoinaphraze

    Unfortunately it seems most of popular world countries such as Russia, Germany, Japan, Korea, China are heavily targeted which I happen to collect (with the exception of German coinage).

    And if counterfeiters are reading this, we are watching you.
     
    Numismat likes this.
  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I think a humane punishment would be to condemn the counterfeiters to doing what they seem to enjoy most . . . make them turn a fake coin into a real one . . . then they can get out of prison.
     
    Numismat likes this.
  6. Numismat

    Numismat World coin enthusiast

    That's what they have been doing for a few years now in order to get out of the prison that is China )
     
  7. gxseries

    gxseries Coin Collector

  8. gxseries

    gxseries Coin Collector

    Ignore this seller's Canadian coins - they are ok. However his Russian coins offerings are a joke.

    http://www.ebay.com/sch/druzhok-v/m.html

    Most of them are based on extremely rare Soviet pattern coins. The biggest problem I have is the 25 ruble ballerina coins. Those were struck in palladium. In his listing, he did not fully declare that they are not genuine and instead decided to get away by listing them as silver.

    The original coins were NEVER in silver. I am more likely certain that they were struck in base metal and then plated silver.
     
    Numismat likes this.
  9. Numismat

    Numismat World coin enthusiast

  10. Numismat

    Numismat World coin enthusiast

  11. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Well-Known Member

    How many of the Japan 1 Yen Dragon silver coins are legit? I know some fakes are circulating, but how many is the question. A lot of them look questionable and I have been looking to add one of these to my collection. Any year from 1890's to early 1900's is fine with me.
     
  12. Numismat

    Numismat World coin enthusiast

    The 1 yen coins you mentioned were one of the first that they successfully made very good copies of. I started seeing an influx of them at least 5 years ago. I would imagine the fakes are plentiful, but luckily someone knowledgeable with the series can identify them when examining in person rather than just pictures.
     
  13. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

    Last edited: Dec 10, 2014
    Numismat and treylxapi47 like this.
  14. gxseries

    gxseries Coin Collector

    Ok this is disappointing - I found a coin in my collection and after looking closely at it, there are some minor differences to genuine examples. While it passes the weight test as well as most other details, this is something that came out of the blue. This is a particular coin that is not known for counterfeit but it was only a matter of time. It's disappointing that I only looked at it closely after one year and it was just one detail that bothered me. It's only fortunate that I didn't immediately sell my lower grade coins so that I could compare minor details side by side.

    The suspect coin is as follow - 1906 20 chon

    Genuine example

    [​IMG]

    Counterfeit

    [​IMG]

    Most of the details are actually surprisingly close to details including the finer details of the dragon's claws and the micro lines off the dragon's head. There's one major feature that the counterfeiter screwed up - the spiral in the ball was unfortunately was not right.

    While it's unfortunate that I got stung and did not pay attention to it, I guess this is one of those life learning lessons. This is the reason why I am sharing my experience.

    Will be posting some other details about this seller and other related sellers. You may be surprised.
     
  15. gxseries

    gxseries Coin Collector

    I've been fishing details around from the seller that I bought from.

    Unsurprisingly he is NARUed

    http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=2012eagle44&ftab=AllFeedback

    And this has led to other questionable sellers whom are NARUed as well.

    http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=perfectcoinaidoo&ftab=AllFeedback

    http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=yeehingho&ftab=AllFeedback

    General pattern so far is that the following countries coinage are targeted:

    US
    Russia
    Japan
    Korea
    Mexico
    Germany
    France

    This has become a rather ugly sight. The reality is that even smaller denomination coins are counterfeited. What would you do about it?
     
    xCoin-Hoarder'92x likes this.
  16. Numismat

    Numismat World coin enthusiast

    That particular coin is one they often offer, I'm sorry you purchased one. I've seen at least 15 examples of the same date/denomination from their accounts. And that particular account you purchased it from is one that I had NARU'd back when eBay actually did anything about the reports.
     
  17. gxseries

    gxseries Coin Collector

  18. Numismat

    Numismat World coin enthusiast

    Here are two versions of a very commonly faked coin. Russian Spitzbergen 1946 issues.

    First one is European, does not have artificial aging/patina and is not as precise:

    http://www.ebay.com/itm/Russia-USSR...8219332?pt=US_World_Coins&hash=item19f8cabfc4

    This is a Chinese made one that is much more convincing:

    http://www.ebay.com/itm/Russia-Spit...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

    And another denomination of the same:

    http://www.ebay.com/itm/Russia-Spit...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

    All denominations of these coins, as well as the 1930's Tanu Tuva series are very commonly counterfeited by both European and Chinese sources.

    http://www.ebay.com/itm/Spitzbergen...9508859?pt=US_World_Coins&hash=item418c7763fb
     
  19. Numismat

    Numismat World coin enthusiast

  20. Numismat

    Numismat World coin enthusiast

  21. gxseries

    gxseries Coin Collector

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