However, an overzealous Denver Mint worker over-polished some dies, leading to 1922-D Lincoln cents which have had the mintmarks removed. Read more >, This is the first gold eagle on our list of most seen counterfeits at NGC. Electricity is then passed through the coin and a spark jumps from the coin to what will become the die, etching the coin’s design into the surface. Many of these coins will end up in fake PCGS, NGC, ANACS, or other grading service holders, but the majority of them are sold ungraded. NGC publishes a Counterfeit Detection column in its monthly eNewsletter. fake ngc I hope you, the visitor of this web page, found this website before you purchased a graded coin at ebay or any other online venue. However, the 1862 had a much larger mintage with more than 1.3 million pieces struck. However, counterfeiters have still targeted this date for their forgeries as many times people will only closely inspect key date coins. As was the case with a few of the gold coins higher on this list, these fakes were often made in order to deceive collectors. Thank you! Read more >, In 1909 the Denver Mint produced more half eagles than any other issue of the entire Indian Head Half Eagle series with more than 3.4 million pieces struck. eBay refuses to effectively police their website despite numerous alerts from dealers and collectors. Even the most skilled coin doctor will always leave behind “tool marks,” which are lines left by the tool used to sculpt the new date. While the 1922-D Lincoln is relatively common, the 1922 No D is much more scarce and valuable. Update your email preferences. Once complete, the dies are heavily polished to remove the pitting this counterfeiting method typically leaves. Due to its value, this coin is an attractive target for counterfeiters. This year saw the highest mintage for the entire series with some 4,076,051 pieces struck. Some may have been produced to fool collectors, but many were likely struck to side-step the ban on owning gold in the U.S. before 1974. Read more >, The Philadelphia Mint struck 351,000 Gold Eagles in 1915, which makes this a relatively common date in the series. Surrounding it are boxes of Chinese-made fake silver coins, all neatly sorted into compartments. Your message has been sent to NGC. Hundreds of thousands of fake coins are being sold in […] In my experience, NGC holders will come apart at the seam w/o damage. Re: Fake NGC & PCGS Slabs of Chinese coins from ebay seller "kek02109" « Reply #6 on: December 05, 2009, 03:28:39 PM » The NGC slab mentioned in the above post was removed, two days after the completion of the listing (final value $225.50). The Philadelphia 1916 is quite common and affordable in comparison and this gives a counterfeiter the opportunity to add a tiny “D” mintmark to make it appear to be the rare 1916-D. Read more >, The 1887 gold dollar had a mintage of a mere 7,500 pieces. Discussion in 'US Coins Forum' started by JCro57, Nov 23, 2020. Fake: 'F' on 'Maple Leaf' text in the label of the holder should line up with the image of the scale. This includes any and all marks, scratches or other issues on the surface of the genuine coin. It can therefore be lucrative for a counterfeiter to target these pieces. The counterfeiters produced these in order to fool collectors, and judging by the number of these received by NGC over the years, they have often succeeded. They were not established to authenticate -- with the exception of rare US gold and the occasional key date coins. However, enterprising counterfeiters have still made fakes—many with the correct weight and composition—to fool collectors and pocket the difference between the numismatic value of a genuine example and the intrinsic value of a fake coin struck in gold. However, by this point in the series, many were saved by speculators and did not circulate, so this date is not as rare as one might think. However, with less than a twentieth of an ounce of gold in each piece, the numismatic value of gold dollars far outweighs the bullion value. They are taking real cert numbers and putting fake coins in the slabs. You are lucky eBay has buyer protection for cases like this. Enter a coin's NGC certification number (circled in the image) and grade to confirm its description and grade in NGC's database and, if available, view the images of the coin taken by NGC. While the 1927 had a lower mintage than some of the earlier coins in the series, it is actually more common in higher grades. Some 4,463,000 $10 Indians were struck at the Philadelphia Mint in 1932, by far the highest mintage for the entire series. Join now Authentication experts from Numismatic Guaranty Corporation are now assisting the nonprofit Anti-Counterfeiting Educational Foundation in the ongoing fight against rare coin and bullion-related fakes in the marketplace. For coins that have a grade of 1 to 70, enter the certification number, select the numeric grade in the dropdown menu and click "Go." Only 350,000 examples were struck at the Carson City Mint, and many ended up in melting pots later. To ensure impartiality, NGC and its full-time graders do not buy and sell coins commercially, and strict procedures are in place to prevent consultants from influencing the grades assigned to their own submissions. These are still seen quite often today. While these fakes still deceive numerous collectors, they are well known to specialists. Dashes or hyphens on the counterfeit label are straight and square. As a result, every fake struck from these counterfeit dies will have the same depressions (marks are called “depressions” on counterfeits). Many of these counterfeits have been seen in the marketplace since the 1970s. With such huge profit potential for counterfeiters, 1893(-P) coins are often sacrificed in order to create an 1893-S. Nearly all of the fakes seen by NGC graders have had “S” mintmarks added to Philadelphia coins. Once again, the 1909 is by no means a rare date, but it is a slight conditional rarity in higher grades. Read more >, The inaugural issue for the Indian quarter eagle series had a mintage of over 560,000 pieces. Even with this large mintage, Mint State gold dollars still bring a very large premium over the intrinsic value, which explains why many fakes are actually of the correct weight. Most of these fakes are well-known to the numismatic community and have been extensively covered in counterfeit detection books. As has been the case with many of the other gold counterfeits on the list, this date is not particularly rare. The '9999' on the real coin should be close to the leaf. If I were in the meeting on producing these slabs, this product would be made in America immediately. However, counterfeiters have extensively copied this date as well, and fakes are pretty regularly seen at NGC. NGC graders look for these repeating depressions as well as overall weak details to identify fakes made from transfer dies. The process is repeated for the other side of the coin and the two sides are then joined together. Read more >, The 1889-CC Morgan dollar is the second silver dollar to make this list. The screen will also show the current value from NGC’s Price Guide, the Total Graded by NGC for the grade, and a link to research the coin in NGC… Not surprisingly, these tool marks are usually concentrated around the digit that has been altered. Once again this is a common issue that was counterfeited in order to fool collectors. However, it is the second-most commonly seen counterfeit double eagle at NGC. It is also a date which was extensively counterfeited in the 1970s. There are several … There are also some Perth mint and pamp Suisse fake gold bars in "tamper sealed" holders. Read more >, The twelfth coin on our list is very similar to coin 11. As was the case with earlier eagles and double eagles, these coins were likely struck to circumvent laws restricting the ownership of gold in the U.S. Read more >, The 1910 is the last Indian half eagle on our list. For coins that have a grade of 1 to 70, enter the certification number, select the … The Numismatic Guaranty Corporation (NGC) recently reported a new Morgan Silver Dollar fake, which is concerning for two reasons. “NGC is honored to be named the official grading and authentication service of the Anti-Counterfeiting Educational Foundation,” stated Mark Salzberg, NGC Chairman and Grading Finalizer. These, too, have been seen in the marketplace for decades and most likely originate in the 1970s or 1980s. Your message has been sent to NGC. The bleach test is recommended by some as a way to spot fake silver coins. These are interesting fakes that usually attempt to replicate smaller denominations, most often ones that are made of copper. An enterprising counterfeiter could melt one $20 gold piece to create 6 fake $3 gold pieces with some gold left over. Add Coin. However, the numismatic value still far outweighs the intrinsic value of the gold. Third party grading service-grading company-slabs, tpgs, graded coins… Read more >, The 1929 is the fifteenth and final $2.50 Indian. Already a member? Most fakes of this date were made specifically to fool collectors and are generally relatively high in quality. It is among the most common dates of the entire series. The correct ways to find is by checking its weight or use your coin grading books or visit several web-sites that have excellent photos of coins in high definition. Read more >, For the fourteenth coin on our list, we return to the most-counterfeited series: the Indian Head gold $2.50. These older fakes are still submitted to NGC quite regularly. If not, don't despair, because here you will find all the information you need to buy graded coins without getting ripped off. On the other hand, you can find goods coins at good prices, but on the other, eBay is notoriously lax on sellers of fakes. Hello! Due to this price difference between bullion and numismatic value, forgers have targeted numerous dates of Indian quarter eagles for counterfeiting. Due to this difference in value, counterfeiters have created many fakes in order to deceive collectors. Verify authenticity of your coins. This video goes through the many stages of NGC's grading process. The 2005-dated quarter-ounce South African Krugerrand labeled NGC Proof 70 counterfeit coin housed in a counterfeit Numismatic Guaranty Corporation (NGC) holder that has the same certification number on the label as a genuine 2005 PF 70 one-quarter ounce Krugerrand listed in the NGC. Trouble on eBay $30,000 of Counterfeit Chinese Panda Coins Sold in One Month. Join NGC for free to add coins, track your collection and participate in the NGC Registry. Due to that value difference, many fakes were produced in the 1970s. Read more >, The 1912 $5 gold Indian is the fifth-most commonly seen fake $5 Indian at NGC. Due to this value difference, an unscrupulous person can efface the D from a coin and make the coin appear much more valuable. Coins with numismatic value were legal to own, so if you wanted to own gold bullion at the time, you might have had to settle for a counterfeit U.S. gold coin. Nonetheless, this issue has still been heavily counterfeited. The 1889 Philadelphia issue is quite common, which makes it a prime target to add on the mintmark. … The NGC is now the official grading and authentication service of the Anti-Counterfeiting Educational Foundation, as the groups combine their efforts to reduce fake rare coins … Second, and of greater concern, it marks yet another fake Morgan Silver Dollar discovery in a two-year period. This piece weighed correctly, however it was only about 85% gold while legitimate examples are .917 fine or 91.7% gold. Read more >, The 1915 $5 gold Indian had a mintage of just under 600,000 pieces. Read more >, The 1909-S Indian head cent is one of only two Indian cents with mintmarks. “NGC is now the official authentication service for the foundation and its Anti-Counterfeiting Task Force. It is also a very commonly seen counterfeit. Those photos clearly show that it's a fake. Read more >, The 1913 $5 Indian has the second highest mintage of the entire series at just under 916,000 coins. “NGC is now the official … Have you seen any counterfeit coins lately? Spark erosion counterfeits are created by submerging a genuine coin in an electrolytic bath with the coin placed close to the die. ... (NGC). The ones that concern us the most are coins made to intentionally deceive a coin collector out of his money. Dashes on the authentic NGC holder have angled ends. Rick provides the coin grading team with critical oversight and training. Read more >, The 1924 Saint-Gaudens Double Eagle had a mintage of well over 4 million coins. The 2005-dated quarter-ounce South African Krugerrand labeled NGC Proof 70 counterfeit coin housed in a counterfeit Numismatic Guaranty Corporation (NGC) holder that has the same certification number on the label as a genuine 2005 PF 70 one-quarter ounce Krugerrand listed in the NGC. Co., 1963 The following Web sites provide information and/or photos of fake ancient coins: Calgary's Modern Fakes of Ancient Coins Numistacker 144,312 views. Read more >, The 1914 $5 gold Indian had a mintage of only 247,000 pieces, but is still a relatively common date for the series in mint state. Learn more >, See NGC Registry Instructions/FAQs, send us a message below or call 1-800-NGC-COIN. Yet it is still the third most commonly seen fake at NGC. Enter a coin's NGC certification number (circled in the image) and grade to confirm its description and grade in NGC's database and, if available, view the images of the coin taken by NGC. Since 1987, NGC has authenticated and graded more than 48 million coins, each backed by the industry-leading NGC Guarantee of authenticity and grade. ACEF also is currently assisting Treasury OIG with three cases involving elderly victims who unsuspectingly bought counterfeit coins housed in fake NGC and PCGS holders sold by a telemarketing firm. Counterfeit Detection To help collectors and dealers identify counterfeit coins, NGC has prepared lists of the most commonly counterfeited US, Chinese and world coins with diagnostic information and images from NGC’s extensive database, as well as commentary from the NGC coin … Read more >, The 1928 Saint-Gaudens had the highest mintage of the entire series at some 8.8 million coins. Many of these old fakes, which are usually of the correct weight and gold content, are still submitted to NGC for authentication and grading today. However, these coins still sell for many times their gold value in higher grades, which has made them a tempting target for counterfeiters. This makes it one of the more common dates in mint state. The micro text at the bottom of the label is missing on the fake. NGC coin grading failure share my pain and learn from my 6 fails - Duration: 15:58. However, fakes are still routinely submitted to NGC for authentication and grading. Unfortunately, this type of fake can also be the most deceptive. A genuine coin is used to create a die that is an exact mirror image of the coin. It's bad enough to have to worry about fake raw coins, fake coins in fake TPG slabs but to have to worry about having a fake coin in an authentic TPG slab is just plan wrong! Thank you very much for your informative article. For a counterfeiter, the addition of a simple, small design element (an “S” mintmark or “V.D.B.” initials) can make a very cheap coin appear to be worth hundreds, if not thousands, of dollars. Even though it is among the most common dates, genuine examples have long carried a premium over their melt value. Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). Read more >, The 1914 Indian Head $2.50 had the second-lowest mintage of the entire series. NGC’s team of more than 30 full-time professional graders includes President and Finalizer Rick Montgomery, considered to be one of the world’s most talented coin authenticators. Buy NGC-certified coins with confidence from members of the Professional Numismatists Guild (PNG). Once again, this is likely due to the fact that many of these were made in order to avoid the gold ban in the United States prior to 1974. I will give out another example that HA just sold a coin in Hong kong last week. My concept is that labels need to be high tech the way currency is these days. Also the seller's feedback had this negative feedback from a previous buyer: BEWARE trying to sell FAKE gold coins in FAKE PCGS holders. Read more >, The Philadelphia Mint struck some 915,000 $5 gold Indians in 1911. Counterfeit Detection: 1903-O Morgan Dollar. Fake 1875-S U.S. Trade Dollar Fake Coins,Counterfeit Coins,& Altered Coins Fake 1943-S Copper Lincoln Wheat Cent Counterfeit coins are created for a variety of reasons. Recently, a news about fake coin with fake NGC holder has been spread. Genuine 2011-W American Buffalo gold coin, graded Proof 70 Ultra Cameo, in genuine NGC holder. Read more >, The 1909 $5 Gold Indian is a common date for the series, with over 627,000 examples struck. With this large … Read more >, Counterfeits of the 1862 gold dollar are seen just as often as those of the 1887. Read more >, The 1916-D is the famous key date in the extremely popular Mercury Dime series. The Numismatic Crime Information Center is a nonprofit established to target numismatic crimes around the world. There will often be a seam on the edge, however, and electrotypes are usually not the correct weight. The high mintage means that this coin is often not inspected closely, making it easier for counterfeiters to pass their fakes. Read more >, The Philadelphia Mint did not strike any Lincoln Cents in 1922. Read more >, The 1911 $2.50 gold Indian is actually one of the most common dates of the entire series with a mintage of 704,000 pieces. Outright counterfeits are sometimes seen at NGC as well, but are usually not as deceptive as the added mintmark examples can be. As NGC does with many high-quality counterfeits, these coins were examined using our state-of-the-art X-Ray Fluorescent (XRF) metallic analyzer. However, higher-grade examples of this date are still worth much more than the value of the gold in the coin. Surrounding it are boxes of Chinese-made fake silver coins, all neatly sorted into compartments. This also happens to be the most commonly seen fake at NGC. The inside of that impression is then electroplated to create a shell with the design of one side of the coin. The counterfeits have the wrong gold color and luster when compared to other ZAR South African gold pieces. While this is by no means a rare date, it has still been targeted by counterfeiters looking to capitalize on the difference in value between the gold in the coin and the numismatic value placed upon it by the market. If deemed not genuine, the coin is not encapsulated. This is another common date, but one that still carries a numismatic premium. Read more >, While not quite as desirable as the 1909-S VDB, the 1914-D Lincoln Cent actually has a smaller surviving population. The 1915 $5 gold Indian had a mintage of just under 600,000 pieces. You would think an english company would have ethics. ACEF also is currently assisting Treasury OIG with three cases involving elderly victims who unsuspectingly bought counterfeit coins housed in fake NGC and PCGS holders sold by a telemarketing firm. This granularity is especially evident on the reverse of the coin below. The polishing process cannot remove the pitting from the recesses of the die, however, and, as a result, the raised elements of the counterfeits have a granular appearance. These fakes have become increasingly commonplace in the last few decades. A seller sold me a fake Tiberius gold coin for $2100, confirmed as not genuine by Numismatic Guaranty Corporation. 2017 Oct. the "best" coins in silver are fakes, e.g. NGC received two such pieces recently. The real image is taken from the NGC website from their coin verification service. Counterfeits of this date are also quite common in the marketplace, even though many of them were first seen in the 1970s. This deep web marketplace is full of fake gold and silver bullion coins in NGC slabs. A comprehensive understanding of the different methods used to make forgeries or alterations can help a numismatist identify these counterfeits. Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). Read more >, The 1927 Saint-Gaudens Double Eagle is the most commonly counterfeited double eagle, according to submissions to NGC. Now, I can detect fake coins and fake coin holders, but I don’t want it to be a $45,000 lesson though. At first glance, this coin appears to be an Almost Uncirculated (albeit cleaned) 1870-S half dollar worth hundreds of dollars. YMMV.. According to a press release from the Numismatic Guaranty Corporation, the firm that authenticated the coin, the San Francisco mint produced just 268 $5 gold coins… However, the fields, which should be smooth, are uneven and porous. Read more >, Join NGC for free to add coins, track your collection and participate in the NGC Registry. NGC uses X-ray fluorescence spectroscopy, an extensive research catalog and other tools to determine a coin’s authenticity. Counterfeit Detection: The soft details of this Chinese coin bring us to the hard truth that it is a fake. Due to the high value of this coin in mint state grades relative to the value of gold in a genuine piece, correct-weight fakes are quite commonly seen at NGC. Talk about it on the NGC Chat Boards >. For example, they could add an “S” mintmark to a 1909 VDB Lincoln cent to make it appear to be the rare and desirable 1909-S VDB, or they could remove the mintmark from an 1895-O Morgan dollar to make it look like the extremely rare 1895 issue. Only 10,500 mint state examples were struck by Philadelphia that year, but this is not a low mintage for the unpopular gold dollar series. Counterfeit, Mis-struck, and Unofficial U.S. The grading services were established particularly for the coin buying public to reduce the risk of purchasing over-graded or problem coins. Like counterfeits, coins with altered dates or mintmarks will not be certified by NGC. Electrotypes can often be extremely deceptive. The counterfeit label text font is narrower than NGC’s font. They are often made out of base metal and frequently have a seam around the edge where the two halves of the mold come together. The coins are gold and within the weight tolerance, but they feature many other diagnostics that are indicative of a counterfeit. LICINIUS I - NGC CERTIFIED - Authentic Roman Empire Bronze Coin with Color Story Card/Certificate of Authenticity 308-324 AD - KILLED BY CONSTANTINE THE GREAT 5.0 out of 5 stars 2 $29.50 $ 29 . However, it is still worth more than bullion value and consequently has been faked. By claiming them as genuine U.S. Mint coins, they could be imported into and sold within the United States. The fact that a gold dollar has less than 1/20th of an ounce of gold means that fakes are usually of the right metallic composition. Then, please do NOT post it. This issue had a relatively healthy mintage of 446,000 coins, and therefore is common in all grades. Plenty of those original issues have survived in high grade, but are still worth a large premium to bullion value. This is the first that I have read of fake Canadian Gold Maple Leaf coins. Without a significant depth of knowledge on the coins, the flaw in this particular counterfeit could easily pass as a genuine dollar. The Anti-Counterfeiting Educational Foundation (ACEF) is gaining a valuable partner in Numismatic Guaranty Corporation (NGC), as the firm becomes the ACEF’s official authentication service. ANA member dealers inspire confidence; every dealer agrees to abide by a strict code of ethics. We proudly carry only legitimate American Silver Eagle coins direct from the United States Mint, or from the grading houses at the NGC or Professional Coin Grading Service. Most fakes seen today are from that era. Due to this disparity, counterfeiters will often add an “S” mintmark to a genuine Philadelphia coin. Read more >, The 1914 Gold Quarter Eagle has the second lowest mintage in the Indian Head series after the elusive 1911-D issue. Because these fakes are cast rather than struck, they will usually not “ring” like a normal coin when lightly tapped or dropped. They will also generally exhibit a grainy texture. Although this date had the highest mintage of the entire series, counterfeiters could still make money by creating forgeries on planchets of the correct weight and gold content. This is evidenced by the hundreds of fakes of this issue that NGC has seen in the past three decades. They are usually the correct weight and gold content. Please refresh the page to confirm that you are signed in and then try again. Due to this disparity in prices, counterfeiters have produced these in order to deceive collectors. The NGC grading team has decades of experience and can easily spot a counterfeit like this one. The fakes most often seen are those that have been known to the numismatic community since the 1960s and ‘70s. Recently, a news about fake coin with fake NGC holder has been spread. Read more >, The 1904 Liberty Head Double Eagle had the highest mintage of the entire series. 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