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Counterfeiting In Style

 
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Author Previous TopicReplies: 5 / Views: 230Next Topic  
Pillar of the Community
United States
2198 Posts
 Posted 01/23/2021  9:38 pm Show Profile   Bookmark this topic Add thq to your friends list Get a Link to this Message
Looking at Dutch ducats, I became aware that they were counterfeited on a massive scale by Russia. The point was not to debase them, but to imitate them intentionally as a medium of exchange. They were called chervontsy. Here's a typical 1849 example:

https://www.ma-shops.com/schwarz/item.php?id=4833

In 1849 Utrecht minted 14,344 of these. Over the next 19 years Russia minted 4.75 MILLION 1849 Utrecht counterfeits.Utrecht stopped minting ducats altogether, until the Russian government finally agreed to stop making them in 1868.

https://coinweek.com/world-coins/wo...ducat-began/


"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
01/23/2021 9:43 pm
Pillar of the Community
Learn More...
United States
2680 Posts
 Posted 01/23/2021  10:05 pm  Show Profile   Check Yokozuna's eBay Listings Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
Wow! Makes Henning seem like a real amateur with a estimated 500,000 counterfeit Jefferson nickels to his credit!
"Shine, shine a Roosevelt dime. All the way to Baltimore and runnin' out of time." Tom Waits-Clap Hands


Bedrock of the Community
Australia
18105 Posts
 Posted 01/23/2021  10:17 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Same sort of thing happened with British sovereigns in the Middle East.
Some counterfeit sovereigns were even minted in gold of higher purity than the originals!

The British government responded in a different way than the Dutch did. The market was flooded with genuine sovereigns, all with a fixed date of 1925. Last year of mintage for these coins was 1952.
Edited by sel_69l
01/23/2021 10:23 pm
Pillar of the Community
United Kingdom
1904 Posts
 Posted 01/23/2021  10:45 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
The USSR printed and issued 10 and 20 deutsche mark notes in the 70s and 80s - not to attack the West German economy but to provide a non-US dollar form of hard currency for their citizens.

I remember being shown the differences by a German dealer; they were easy to spot. In Moscow, they traded at 2 to 2.5 counterfeit marks to 1 genuine mark.

The most well-known imitation currency is the silver Maria Theresa (Austrian) thaler - minted by many countries including USA, Britain, France, Germany, several countries in the Middle East and when I was a boy, they were in common usage in North Africa and sub-Saharan Africa. Lawrence of Arabia received gold sovereigns and silver thalers to pay local chiefs for alliance and information.

In addition, issuing of imitation currency goes back to ancient times.
Life Fellow, Royal Numismatic Society

My wants list: http://goccf.com/t/283145
Pillar of the Community
United States
565 Posts
 Posted 01/23/2021  10:51 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
These Dutch Ducats are the oldest Type Set coins in the world that are still minted. You could construct a Type Set from 1586 all the way to the present!
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Australia
3314 Posts
 Posted 01/25/2021  2:01 pm  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
The Swedish counterfeited 5 kopek coins back in the late 1700s. Pretty rare now today if you can find one today.
My partial coin collection http://www.omnicoin.com/collection/gxseries

My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month.
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