Posts tagged "Counterfeit"

Chinese Counterfeit Coins Circulating In Usa

Chinese Counterfeit Coins Circulating In Usa

Although the recession continues, the most popular hobby within the USA – coin collecting,  especially US coins - has a revenue of a staggering billion, per year.

On the downside, not all that glitters is not what it seems. Buyer beware – counterfeits abound!

A warning to American coin buyers was issued recently by respected numismatic advisory groups, advising… Continue reading

Counterfeit Money

Counterfeit Money

History
Example of counterfeited 50000 cruzeiros banknote.
Counterfeiting is probably as old as money itself. Before the introduction of paper money, the most prevalent method of counterfeiting involved mixing base metals with pure gold or silver. Also, individuals would “shave” the edges of a coin. This was known as “clipping.” While not itself counterfeiting, the exponents were able to use these precious… Continue reading

Detect Counterfeit Coins

Detect Counterfeit Coins

A special machine does the stamping of coins to make them genuine. People who counterfeit coins are well trained and have the capacity to manipulate their duplication - especially those rare coins which have high value among collectors. The most common procedure used in counterfeiting is that they pour a liquid metal into molds that will leave die marks… Continue reading