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Fake coins question



 
 
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  #1  
Old November 14th 09, 10:01 PM posted to rec.collecting.coins
varois83
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Posts: 78
Default Fake coins question

Hi

I do collect world coins but I am on the low end of the hobby. I
collect circulated coins mostly and a few commemorative here and there
up to $10 US dollars and on a few occasions some up to $20.
I shouldn't be much of a victim in the price range that I collect but
still I am wondering which coins beside the obvious Chinese ones are
usually counterfeited worldwide?
What to be careful of?

Thanks

Patrick
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  #2  
Old November 14th 09, 10:26 PM posted to rec.collecting.coins
Mr. Jaggers
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Posts: 5,523
Default Fake coins question

varois83 wrote:
Hi

I do collect world coins but I am on the low end of the hobby. I
collect circulated coins mostly and a few commemorative here and there
up to $10 US dollars and on a few occasions some up to $20.
I shouldn't be much of a victim in the price range that I collect but
still I am wondering which coins beside the obvious Chinese ones are
usually counterfeited worldwide?
What to be careful of?

Thanks

Patrick


Under $20, the only thing to be really careful of is the current British one
pound coin. These have been counterfeited extensively, but to deceive
merchants, not collectors.

Generally speaking, the higher the numismatic value, the more likely you are
to encounter a fake. For example, virtually all of the coins from Gold
Coast being offered today are fake. Likewise Norwegian speciedalers and
their fractions, Italian 5-lire crowns, 2-, 5-, and 10-gulden coins of
Danzig, and coins from Armavir. But this doesn't even scratch the surface.
And it makes a big difference where you buy your coins. Without writing a
book, that's the best I can do.

James


  #3  
Old November 15th 09, 01:04 PM posted to rec.collecting.coins
varois83
external usenet poster
 
Posts: 78
Default Fake coins question

On Nov 14, 5:26*pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote:
varois83 wrote:
Hi


I do collect world coins but I am on the low end of the hobby. I
collect circulated coins mostly and a few commemorative here and there
up to $10 US dollars and on a few occasions some up to $20.
I shouldn't be much of a victim in the price range that I collect but
still I am wondering which coins beside the obvious Chinese ones are
usually counterfeited worldwide?
What to be careful of?


Thanks


Patrick


Under $20, the only thing to be really careful of is the current British one
pound coin. *These have been counterfeited extensively, but to deceive
merchants, not collectors.

Generally speaking, the higher the numismatic value, the more likely you are
to encounter a fake. *For example, virtually all of the coins from Gold
Coast being offered today are fake. *Likewise Norwegian speciedalers and
their fractions, Italian 5-lire crowns, 2-, 5-, and 10-gulden coins of
Danzig, and coins from Armavir. *But this doesn't even scratch the surface.
And it makes a big difference where you buy your coins. *Without writing a
book, that's the best I can do.

James


James

I really appreciate the post. As I said before, in my price range not
much to worry about.

Thanks again

Patrick
 




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