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Video ANA Academy: Counterfeit Coins In Numismatic Market And Collector Impact By Richard Jozefiak

 
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 Posted 06/17/2020  10:08 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
ANA - This talk was recorded at the 2020 National Money how in Atlanta.

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 Posted 06/18/2020  01:23 am  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
I'm by no means a pro and will never claim to be...just my 2 cents
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 Posted 06/18/2020  10:17 am  Show Profile   Bookmark this reply Add jafo50 to your friends list Get a Link to this Reply
Very informative video. Thanks for posting it.
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 Posted 06/18/2020  10:56 pm  Show Profile   Bookmark this reply Add TimNH to your friends list Get a Link to this Reply
Wow scary. They are faking slabs, they are getting fakes thru the top TPGs into real slabs, they are counterfeiting $3 Buffalo nickels. This really feels like a death knell for the hobby. Anyone want to help put my mind at ease?
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 Posted 06/19/2020  12:16 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Wow scary. They are faking slabs,

They have been making fake slabs since 2007.


Quote:
they are getting fakes thru the top TPGs into real slabs

For about 2 or 3 years now. Tere haven't ben a lot of them, but as time passes I'm afraid it's just doing to get worse.


Quote:
they are counterfeiting $3 Buffalo nickels.

Worse than that, you can actually buy fake 1956 and 1958 wheat cents. Coins that would retail for 5 to 20 cents.

I know that doesn't put your mind at ease, but it is the reality we have to deal with today. This spring a dealer showed me a complete set of Seated Liberty dollars, circulated (no 70 S) in a Dansco album. Every coin in the set was fake, and so was the album. There are marketers online that will sell sets like this. Full sets of large cents, Half Cents, Seated dollars, Morgan dollars and probably several other series.
Gary Schmidt
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 Posted 06/20/2020  12:12 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
Complete sets of counterfeit Buffs are readily available, both in counterfeit Whitman folders and (apparently) also in counterfeit Dansco albums.

What is odd is that many of the counterfeit Buffs purport to be VF-EF common date coins. Some of them are almost comically bad counterfeits (the 1918-D/1917-D is a prime example), but several in the series are deceptively close. Fortunately, there are clear markers for most of the counterfeits.

I started seeing these sets pop up in shows in the fake Whitman folders about 3-4 years ago. They are readily available individually and as sets on the usual websites.
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