Tuesday, January 19, 2021
Tags Counterfeit Coins or Banknotes

Tag: Counterfeit Coins or Banknotes

211,100 Counterfeit Euro Coins Seized in 2007

The number of counterfeit euro coins increased in 2007 by 29% over 2006. The European Commission reported 211,000 counterfeit coins were pulled from circulation...

NGC Confirms Counterfeit Replica Coin Holders

The Numismatic Guaranty Corporation (NGC) has confirmed the existence of counterfeit replica holders.Today, Jan. 7, the Numismatic Guaranty Corporation (NGC) has confirmed the existence of counterfeit replica holders.

NGC was founded in 1987 to objectively provide third party grades to coins. Coins sent to NGC are analyzed, graded, recorded and then encapsulated in tamper resistant, protective holders.

While there are several coin grading services in existence, NGC is considered to be one of the top two - PCGS being the other.

Counterfeiting certified coin holders is not new. Those who do it and are willing to risk jail time victimize the unsuspecting buyer into paying a large amount of money for a coin that may also be counterfeit, or not at the grade the fake holder indicates.

Read the rest of this numismatic news article »

Fake £1 Coins Gets London Counterfeiter 5 Years in Jail

Analyzing the effort to reward ratio of creating counterfeit coins and then successfully getting them into daily circulation would seem to forestall an...

Counterfeit Presidential Dollar Coins? No Verdict Yet.

The verdict isn't in on whether counterfeit coins were used earlier this month at a local McDonald's restaurant in Macomb, Illinois. The boy who...

Most Read