Fake/Counterfeit 1987 Loonie - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 13 / Views: 8,873
SelectCoinCanada Valued Member Canada 414 Posts	Posted 02/02/2017 12:12 pm Firstly I'd like to seek the advice of SPP and nickelsguy to see if they would like to document this coin before it's destroyed. I can cut it in half, stamp it "COPY," or leave it as is if you would like me to send it to you. If not I can turn it into the police station or destroy it myself, whatever you think is best. It's close in weight at 7.07 grams and lightly plated. I assume they were cast in strips because there are casting marks on both the top and bottom of the rims. Whatever they used to plate the coin is close in colour but highly reflective, it was difficult to get a picture without glare. Report this Post to the Staff

SelectCoinCanada Valued Member Canada 414 Posts	Posted 02/02/2017 12:24 pm Just something to add, I am aware of the counterfeiters busted in Montreal a number of years ago but I believe they were making copies of the 1990 Loonie, I have not seen or heard of another 1987. Report this Post to the Staff
unruhjonny Pillar of the Community Canada 514 Posts	Posted 02/02/2017 12:30 pm I have not heard of an '87 fake; The details all look corect to me - they are hard to replicate with the precision that the RCM does/did. Is it possible that this was a real loonie which was plated - that should account for the extra weight. Edited by unruhjonny 02/02/2017 12:30 pm Report this Post to the Staff
Dennman Valued Member Canada 496 Posts	Posted 02/02/2017 12:34 pm Looks like it was soldered to some other coins or ? for jewelry or desktop p[ece. Report this Post to the Staff
SelectCoinCanada Valued Member Canada 414 Posts	Posted 02/02/2017 12:50 pm Quote: The details all look corect to me - they are hard to replicate with the precision that the RCM does/did. Is it possible that this was a real loonie which was plated - that should account for the extra weight. I agree it looks pretty good but I am confident it's a copy. In hand you can see lots of missing details and the plating is starting to wear through on the queen revealing it's 'white' metal base. Report this Post to the Staff
SPP-Ottawa Moderator Canada 10456 Posts	Posted 02/02/2017 1:17 pm I would love to put that one on the XRF... I have been slowly acquiring data on counterfeit $1 and $2, in cooperation with the RCMP. The intent is to eventually publish a peer-reviewed paper on these. I could test it, and then send it in to the RCMP Lab in Ottawa for you... That said - it looks like a normal strike for an 1987 loon, and possibly gold-plated and soldered afterwards? "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US My eBay store Report this Post to the Staff
DBM Pillar of the Community Canada 9863 Posts	Posted 02/02/2017 1:21 pm What is that at 1 o'clock on the obverse rim? Looks like a real loonie poking through the plating. The "casting" marks sure look like solder remnants as if this coin was once part of a jewelry item. "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
SelectCoinCanada Valued Member Canada 414 Posts	Posted 02/02/2017 2:30 pm Quote: What is that at 1 o'clock on the obverse rim? Looks like a real loonie poking through the plating. The "casting" marks sure look like solder remnants as if this coin was once part of a jewelry item. Quote: That said - it looks like a normal strike for an 1987 loon, and possibly gold-plated and soldered afterwards? Well my confidence is slowly slipping away, maybe it is just an ex-jewelry piece or someone having fun. I do see the small spot that DBM points out, funny I overlooked that until I see it blown up in the picture. The 'white' metal I see showing through is what threw me off initially. I guess it could be nickel plated, and then gold plated again, or something similar. @ SPP - maybe I'll save the postage and just hand it to you at the next Expo since the authenticity is now in question. Report this Post to the Staff
SelectCoinCanada Valued Member Canada 414 Posts	Posted 02/02/2017 2:32 pm Here's a better look at the spot DBM pointed out Report this Post to the Staff
SPP-Ottawa Moderator Canada 10456 Posts	Posted 02/02/2017 3:39 pm Almost every cast counterfeit that has been made, was with various forms of 'white metal'... rarely are they iron or nickel (need a hotter smelter for those). Is your coin attracted to a magnet? "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US My eBay store Report this Post to the Staff
nss-52 Moderator United States 54280 Posts	Posted 02/02/2017 4:04 pm I'm going to jump on the "plated genuine coin used for jewelry" bandwagon here. Why would someone make a counterfeit loonie in the wrong "color"? I see some more normal color here: Report this Post to the Staff
SelectCoinCanada Valued Member Canada 414 Posts	Posted 02/03/2017 08:32 am Quote: Is your coin attracted to a magnet? Yes, I'll chalk this one up as a spender. Thanks everyone for setting me straight! Report this Post to the Staff
Dorado Bedrock of the Community Canada 24885 Posts	Posted 02/15/2017 03:21 am Canadian dollar 1987 Report this Post to the Staff
Dorado Bedrock of the Community Canada 24885 Posts	Posted 02/15/2017 03:48 am If you compare * detailles * looks original Report this Post to the Staff
	Replies: 13 / Views: 8,873

To participate in the forum you must log in or register.

All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Coins and Colonial Tokens

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.39 seconds to rattle this change.