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Counterfeit Coins Cause For Concern Among Canadian Collectors

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Pillar of the Community
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 Posted 04/07/2015  1:39 pm  Show Profile   Bookmark this reply Add Normic67 to your friends list

Quote:
I worry about 3D printing. It might still be 10 years down the road, but the potential is there for exact copies of coins down to the identifying marks.

So right now that's why you need to label your coin collection as one without any fakes and say when it was started. If someone stars a coin collection in a decade from now they will never know if there coins are fake or not. What I mean is if you look at your whole coin collection right now you know that nothing is fake because that thing with 3-D printing has not happen yet. So if that is true just buy a whole lot of coins before the hobby is ruined for ever because then your collection will be one of the ones that does not have any fakes. So for the reasons above, don't sell your coin collection, just don't buy coins if and when that 3-D printer thing happens. Also have you noticed that the one cause for this to happen at all is greed... now that's a shame.
Valued Member
Canada
495 Posts
 Posted 04/07/2015  3:28 pm  Show Profile   Bookmark this reply Add macdon to your friends list
TPG companies can guarantee coins are not counterfeit but unless they are out of the slabs or baggies for verification by another TPGCVC "CVC" for counterfeit/verification/company and another stamp on top of that by another TPG specializing in making sure they are okay and another company that will send us some pills to soothe the ulcers from all the extra worry, it may just work out.
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United States
593 Posts
 Posted 04/07/2015  4:12 pm  Show Profile   Bookmark this reply Add garys64wildcat to your friends list
We all have stick together but we have so much turmoil going on in the world it a very hard job and the RCMP and Police don't worry about the small stuff like a fake coin or two. And buying from a foreign country your SOL to do anything but hope the seller is honest.
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Canada
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 Posted 04/07/2015  10:33 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
3D printing... I wouldn't worry about that. The technology is still very expensive and primitive. I get to see 3D printed objects all day long and if they could print out silver or gold they would instead of casting them. It's not viable ($$$) or reliable yet. Wax, resin, and plastic are expensive for those machines, let alone synthetic gold.
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Canada
2632 Posts
 Posted 04/08/2015  01:58 am  Show Profile   Bookmark this reply Add Alexer to your friends list

Quote:
3D printing... I wouldn't worry about that. The technology is still very expensive and primitive.

3D printing of metal is nothing new, after searching this I wouldnt be surprised if coins have already made their way into the market place. The first metal gun was printed over a year ago. Combine that with plastic 3D..poof a slab too.
Check these links for some cool info then check youtube.
Even a special color called ' Wheat penny'
http://i.materialise.com/blog/entry...-3d-printing
https://www.stratasysdirect.com/pro...RgfgodXXMAlg
https://www.google.ca/search?q=3d+p...1366&bih=600

wRXymDoYoWQ


Edited by Alexer
04/08/2015 02:24 am
Pillar of the Community
Canada
623 Posts
 Posted 04/08/2015  02:34 am  Show Profile   Bookmark this reply Add T1Steel to your friends list
Interesting , looks like a quality product such as a coin is a long way off.
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Canada
2632 Posts
 Posted 04/08/2015  11:23 am  Show Profile   Bookmark this reply Add Alexer to your friends list

Quote:
looks like a quality product such as a coin is a long way off.

Not true at all the technology is already here..but you might want to ask yourself how much detail is in a coin hundreds and even thousands of years old. They can already print things more detailed than a coin.
Here's a quote from an industry leader

Quote:
Luckily most affordable printers nowadays are too slow to make the printing of fake coins economically viable for criminals. That won't be the case for long though as 3D Printer Costs Drop and printing capabilities and speeds improve.

If somebody somewhere is already printing rare coins you are not going to find that info on Google now are you..not till they get caught.
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Canada
3692 Posts
 Posted 04/08/2015  8:18 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
Still has to be made of real gold or silver to fool the XRF machines - and in the correct exact alloy. People don't understand alloys too much, because there are some that are made for rolling and fabricating, and other alloys that favor casting. A synthetic alloy for 3D printing won't cut it because their one standardized alloy will be favorable for "growing" and it won't be polished! The patterns made by a CNC machine leave much to be desired. Good detail takes a long long time, around 26 hours for simple objects and still you have tool marks that have to be polished down. It's not viable yet. Coins are pressed and because of that it is still cheaper to make a die. Pressed means the metal is hard and polished. Your cartwheel luster is part of that. CCF will keep counterfeiters scratching their heads as long as we're educating each other on this forum. And we need appraisal houses in big cities that surpass slabbers' abilities. If we can spot coins that are cleaned, polished, mint state, etc, we have nothing to worry about, especially cartwheel luster which only comes from dies - it can't be programmed into a machine and they would still have to make the die to duplicate the effect. Even making the die from a 3D printer wouldn't work yet for the same reasons. Making a gun that goes bang is one thing but making a coin that will be scrutinized by educated fellows like us is quite another.

Edit: I just thought of this: Instead of making rare coins, why wouldn't a counterfeiter just make wads of $100 bills to 3D print? Makes more sense to me!
Edited by Libertad
04/08/2015 8:27 pm
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Canada
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 Posted 04/08/2015  8:50 pm  Show Profile   Bookmark this reply Add T1Steel to your friends list
Libertad, I have to agree with everything you have said.From the alloys polishing and thousands of prying eyes .Some people will get fooled . Having a site like CCF helps collectors keep abreast of the ways that some will try to separate us from our hard earned money.
I am fairly new to collecting and I learn something new here everyday .
Thanks to all who put their time and effort into keeping this site up and running.
Pillar of the Community
Canada
955 Posts
 Posted 06/14/2015  01:05 am  Show Profile   Bookmark this reply Add Canacoins to your friends list
I think like everything else technology will eventually be the answer to this dilemma. Carbon dating , computers , digital imaging were all once ideas. Metallurgy will prob. be the answer . possibly done with grading .In the meantime? Reporting any and all counterfeits should be mandatory and laws in place to protect victims.
Pipe dream ? Again ,all depends on the coin and numismatic's community to stay on top of the situation. maybe will be the suffragettes of the new millennium.

THAT would be interesting
Valued Member
Canada
276 Posts
 Posted 06/14/2015  1:48 pm  Show Profile   Bookmark this reply Add the_sifu to your friends list
Speaking of counterfeit coinage. This looks like an example from the 2015 Charlton Standard Catalogue Canadian Coins?


http://www.ebay.ca/itm/CANADA-1881-...em487fc19570


Counterfeit-Coins-Cause-For-Concern-Among-Canadian-Collectors
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 Posted 06/14/2015  1:53 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list

Quote:
Metallurgy will prob. be the answer . possibly done with grading


I am pretty sure PCGS has their own XRF...
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 Posted 06/14/2015  3:54 pm  Show Profile   Bookmark this reply Add DBM to your friends list
the_sifu, you are correct, that is a counterfeit 1881H.
On genuine coins the broken stems reverse was not used after 1880.
"Dipping" is not considered cleaning...
-from PCGS website
Valued Member
Canada
276 Posts
 Posted 06/14/2015  5:19 pm  Show Profile   Bookmark this reply Add the_sifu to your friends list
Thanks for the confirmation DBM. Page 301, 2015 Charlton Standard Catalogue Canadian Coins. I'm not as good as Nickel's Guy,

IMHO on the Counterfeit markers,

1. the broken stems reverse as DBM noted.
2. The almost closed C.
3. Both 1's on the date look elongated at the base of the 1.
4. The top of the 8's look enlarged and looses degrees of oval symmetry.
Edited by the_sifu
06/14/2015 5:20 pm
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 Posted 06/20/2015  1:42 pm  Show Profile   Bookmark this reply Add DBM to your friends list
The 1881h counterfeit sold for $90CDN. Shameful.
"Dipping" is not considered cleaning...
-from PCGS website
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