Three-pronged approach will help avoid fake coins
Counterfeit fake coins and notes are part of the landscape of collecting. We often use the term synonymously, but that may not always be the case. In some cases fake coins are made to fool the public, in other cases a fake rarity is created to fool a collector and in some cases legitimate coins are defaced or altered to appear to be more valuable. In all of those cases someone is basically attempting to cheat an unsuspecting buyer. None of this is new. There were counterfeiters back in the days of antiquity, punching out fake denarii and solidii. Back in the renaissance, when the first collectors were filling the first coin cabinets, I suspect that some early tradesmen saw a chance to turn a quick buck. It’s just that for most of our history, these types of crooks have preferred to remain out of scrutiny. Continue reading →