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Replies: 19 / Views: 2,795 |
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Pillar of the Community
United States
593 Posts |
I've been reading about Chinese counterfeits. I've seen mention of counterfeit Aussie pennies. Are there concerns about key and semi-key U.S. wheats?
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Valued Member
United States
138 Posts |
If it is a coin that has value, there are counterfeits for that date/series/mm, including wheat cents
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Pillar of the Community
 United States
593 Posts |
I have learned through bitter experience how to identify most counterfeits in stamp collecting. Any tips on spotting fake wheats of semi-key dates?
EDIT: It would be nice to know what to look for visually from an auction listing first, then what to look for upon physical inspection. I have a scale from my son's Pinewood Derby kit that displays to 0.1 grams or 0.01 ounces.
Edited by larsdog 05/17/2012 10:56 pm
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Valued Member
Australia
216 Posts |
Hi Larsdog,
Just passing on the advice I was given for this problem.
Research, research and then more research.
That is the only way you can pick the fakes.
Cheers Pete
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Pillar of the Community
 United States
593 Posts |
Pete,
I agree that research is key. I am somewhat new to coin collecting but I have more than a bit of experience in stamp collecting. I've done my fair share of research there, to be sure. If someone on a stamp forum asked for tips to identify fake U.S. 19th century Newspaper stamps, I would have several suggestions based on my research and experience. I'd prefer not to make rookie mistakes myself and learn from bitter experience with wheat pennies. I'm happy to read an article addressing the issue from a link. I'm not lazy. I just don't know where to look for the info.
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Pillar of the Community
United States
1796 Posts |
Numismatic "Rule 34": "There is a counterfeit of it."No date is sacred. Granted, with wheat pennies it's rarer and usually confined to key and semi-key dates (in fact, I'd hazard to guess that the widest circulating wheat fakes are 1909-S VDBs); however, I know of no fewer than three manufacturers in Mainland China who produce unmarked "quality replicas" (read: counterfeits) of every Wheat penny in sequence, including fantasy dates and mint combinations. Your best bet is to weigh your finds to see if they are within tolerance as well as compare dates, mint mark locations and other features to known specimens. So aye, research is key. :-)
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Bedrock of the Community
Australia
21786 Posts |
The Australiasian Coin & Banknote Magazine, about a year ago, had a very informative article on faked Australian bronze coins that have originated in China.
They were die struck, and have to be examined against a known genuine equivalent coin for variations in design. A 10 x loupe very handy for this.
If you feel uneasy about a scarce or rare coin you have, take it to a reputable dealer who knows his stuff, or if that service is not available to you, post it to a leading dealer in Australia who will be able to give you a definitive opinion.
Same applies to U.S. coins, but your doubtful does not have to go on such an extensive travelling holiday.
I like to keep a good reference collection of fake coins, just to defend myself. Dealers most often do this as well.
When it comes to detection of die struck fake coins, there is no substite for comparison of a fake coin to a known genuine one in the hand.
For expensive coins, your only other reasonably reliable defence is to buy off an auctioneer or dealer with the highest reputation, with a long established business.
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Pillar of the Community
 United States
593 Posts |
Quote: Your best bet is to weigh your finds to see if they are within tolerance as well as compare dates, mint mark locations and other features to known specimens. OK, the early wheats were minted at 3.11 grams. Let's assume that I trust every penny in my collection minted after 1942. For wheats from 1909 to 1942, what am I looking for? I would assume that normal wear would affect the weight. Am I looking for weights ABOVE 3.11 grams? Or am I looking for a weight significantly below 3.11 grams? Can a magnet help separate the real deal from the fakes? I can't assess "within tolerance" unless I know what the tolerance is. Where can I find out what that is?
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Pillar of the Community
 United States
593 Posts |
Quote: When it comes to detection of die struck fake coins, there is no substite for comparison of a fake coin to a known genuine one in the hand.
For expensive coins, your only other reasonably reliable defence is to buy off an auctioneer or dealer with the highest reputation, with a long established business. This sounds like great GENERAL advice, much like I would give to a stamp collector, but is there no SPECIFIC advice to screening U.S. wheats?
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Bedrock of the Community
Australia
21786 Posts |
I am a World and ancients collector, not a wheat specialist. My experience with ancients is based on the fact that even with genuine coins, no two coins are exactly alike. In fact, that can point to a suspect coin actually being a fake.
If I were a Wheatie, I would build up a reference collection of altered and fake wheats, the bigger the better.
It is from this sort of collection that you are able to educate yorself and others, by posting the dud coins here on the CCF and explaining them, so that others can learn as well. The CCF is well suited to each Wheatie supporting the other.
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Pillar of the Community
United States
2295 Posts |
I think there are too many web sites to list to determine fakes on wheat cents. For the key dates, just search around and you'll find them. The 1914-D and 1909-S VDB have a ton of fakes out there, so you have to know what a real one looks like, before you even think of buying one. Buying a slabbed one from the top 3 TPGs is a great alternative.
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Pillar of the Community
 United States
593 Posts |
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Valued Member
Australia
216 Posts |
Hi Larsdog,
Sorry if I was a bit vague with my previous post. I'm working at this problem from probably the same level as you if not a bit lower down on the skill tree.
What I'm saying is that you need to research everything about the coin you are looking at. Diameter, thickness, weight, detail on obverse, reverse and rim, Everything.
This forum is a great resource for this info, as well as google.
The point is, it you know as much as you can about what details/specs a coin should have, then your chance of getting a fake are reduced.
One coin I need right now is a Centenary Florin, currently I'm looking at the design elements, and so far the few I've looked at, two have been "fake" I think. the design just was not what I though it should be.
I guess the point is, if ever the fakes get 100% detail and specs on a coin right, I don't think we have any way other than carbon dating to tell. A worrying thought that.
Cheers Pete
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Bedrock of the Community
United States
20753 Posts |
Quote: I've been reading about Chinese counterfeits. I've seen mention of counterfeit Aussie pennies. Are there concerns about key and semi-key U.S. wheats? If a coin can be counterfeited, it will be done. Many of our US coins are fakes. Some are so good that many collectors have them in their collections and don't know. Some dealers too have fakes and don't know. Possibly out 1909S VDB is one of the worlds most copied coins. I always wonder which of out coins is the most counterfeited. The 16D Mercury dime or the 1909S VDB Cent.
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Pillar of the Community
 United States
593 Posts |
Most unsettling! There are some fairly useful guidelines for identifying a vast majority of U.S. postage stamp fakes, depending on the issue. What about weight? Are there any guidelines for weight? I have the published weight from the Red Book. How much variation is expected in mint samples? How much weight loss (percentage) in a heavily used coin?
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Valued Member
United States
223 Posts |
All coins could have a chance of been counterfeit. Keys and semi-keys are more heavily counterfeited. Read up on telltale signs of what to look for.
For a quick checkup use a magnet and a scale. Of course you would need to know what the coin weights first though.
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Replies: 19 / Views: 2,795 |