Analyzing the effort to reward ratio of creating counterfeit coins and then successfully getting them into daily circulation would seem to forestall an attempt to actually do it. Unless you have a mint-style facility with all the necessary equipment, materials and staff at your disposal, the work required to phony up fake coins is an imposing thought.
Then, imagine trying to close "shop" and before heading home for the day, exchanging your freshly forged counterfeit coins for real cash at the local store.
Believe it or not, one man, Marcus Glindon from north London, undertook an almost similar and gigantic task. He managed to counterfeit 14 million blank coins, and 2.5 fully stamped £1 coins during a seven year period.
Read the rest of this entry »
The emergence of Internet on-demand videos has not only provided the excitement of action-packed movies that can be viewed straight from your computer, but the availability of interesting, educational and free video content.
While coinage related video content is somewhat scarce in the numismatic world, there are indeed a few gems out there. The History Channel website through History.com has an example of one such gem.
The History Channel is known as a leading provider of exceptional content that won’t put you to sleep. For anyone - not just new or experienced coin collectors - their video production on how coins are made will intrigue you while keeping your interest.
Read the rest of this entry »
The Common Cents Penny Harvest Field is a spectacular event with approximately one hundred millions pennies gathered by New York City children in 2007. All the pennies are for charities that the children will select.
Toward the end of each year, the pennies are trucked to the Rockefeller Center in New York City and are placed in a specially engineered and constructed "penny lane".
Read the rest of this entry »