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Fake Seated Quarter Is Scary Good.

 
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 Posted 10/07/2021  12:49 pm Show Profile   Check westcoin's eBay Listings Bookmark this topic Add westcoin to your friends list Get a Link to this Message
This one fooled many top dealers that looked it over at a recent show. The counterfeiters are getting so good now, it's downright scary.

https://coinweek.com/counterfeits/c...870-quarter/

By Max Spiegel, Numismatic Researcher - Numismatic Guaranty Corporation ( NGC) ..


The 1870-CC is the key to the Seated Liberty quarter series. Read about this counterfeit that was submitted to NGC and how their experts recognized it.


One of the most interesting fakes that NGC has received in the past several years was a counterfeit Carson City 1870 quarter. The 1870-CC is the key to the Seated Liberty quarter series. With a mintage of just 8,340 pieces the issue has a very low survival rate. Fewer than 100 examples are believed to exist. The coin submitted to NGC had the overall impression of a Mint State coin. And it would easily have sold for a six-figure sum had it been genuine.

Expertly Produced

This counterfeit was expertly produced and could have easily fooled even the most experienced coin dealers. NGC employs some of the world's foremost authorities on Counterfeit Detection, and our graders noticed that the mintmark style of this piece did not match other 1870-CC quarters.

All 1870-CC quarters were struck from the same pair of dies. On the reverse the CC mintmark is small and the letters are widely spaced. The top serif of the first C points to the lower-left end of the last arrow fletching.

On this counterfeit Carson City 1870 quarter, the mintmark is tall, the letters are close together, and it is well centered below the eagle. Not only is the mintmark wrong, but there are also prominent clash marks on the reverse unlike anything seen on other 1870-CC quarters. Clearly, this is not the right reverse.

The counterfeiter must not have had access to images of a genuine 1870-CC quarter, and thus modeled the reverse after a different year, with a different mintmark style.


Few people have seen enough 1870-CC quarters to recognize that the mintmark was wrong on this specimen. NGC has graded a genuine 1870-CC quarter on 41 occasions. NGC graders have probably seen more examples than virtually anyone in numismatics. This experience led NGC to determine that this rare and valuable coin was actually an expertly manufactured fake.



Thanks to fellow CCF member and my friend Jack Young for the initial heads up over at the DarkSide FaceBook group.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
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 Posted 10/07/2021  1:07 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
The movement of the toning is also a dead giveaway that this coin if fake.
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 Posted 10/07/2021  1:28 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Scary for sure. Thanks for the article.
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 Posted 10/07/2021  1:32 pm  Show Profile   Check jacrispies's eBay Listings Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
The toning is such an eye catcher that it can distract from any wrong details. I am glad this one is off of the market.
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 Posted 10/07/2021  1:40 pm  Show Profile   Bookmark this reply Add CoinHunter4 to your friends list Get a Link to this Reply
Thanks for the article-the reverse would have had me, but the obverse... not so much.
Elliot Mitchell
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 Posted 10/07/2021  3:10 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
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 Posted 10/07/2021  8:25 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
This has the same look as the counterfeit 1884-S Morgan that has an exceptionally accurate (but muled) obverse that is identifiable because it was copied from an 1884-CC VAM-7A. NGC called that one a "superfake" coin.

It's a long way from the crude sand-casting and sloppy transfer die counterfeits.

Scary, indeed.
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 Posted 10/11/2021  10:57 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The movement of the toning is also a dead giveaway that this coin if fake.

A real coin can have fake toning too. Toning can be an indication, but it isn't enough to condemn on its own.
Gary Schmidt
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 Posted 10/12/2021  10:27 pm  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply
Just another reason to purchase coins graded and authenticated by the top two TPG's! Very few, if any, of us collectors have the skills to avoid these newer counterfeits!

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 Posted 10/13/2021  01:52 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
That is scary. The obverse has a cameo effect and the surfaces really look like aged silver. The 0 in the date is way too tall and thin. It kind of makes me wonder if it was "mint sport" but that raises a lot of other questions. The effort it took to create this and yet they would have to have made very few of them otherwise the community would have noticed. A few sales in the 5 figures though and it was immensely profitable. Who? It doesn't strike me as a typical Chinese fake. And yet you put all that effort into it and mess up the CC.
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