7 Tips for Spotting Counterfeit Coins – Guarding Your Collection | Rare Bicentennial 2024
04 July 2024
1. It is important to educate yourself on the telltale signs of counterfeit coins in order to protect your valuable collection from being infiltrated.
2. Look for discrepancies in the weight, size, and design details of coins, as counterfeiters often struggle to replicate these elements accurately.
3. Be cautious of coins with an unusually low price, as these are often indicators of counterfeits that cannot replicate the valuable materials used in authentic coins.
4. Familiarize yourself with the trusted grading companies and learn how to authenticate a graded coin to ensure it is not a fake.
5. Keep an eye out for coins that have been artificially aged or altered to appear more valuable, as these are common tactics used by counterfeiters.
6. It is also important to be aware of counterfeit coins that have been recovered from shipwrecks or other historical sites, as these can be easily replicated and passed off as authentic.
7. Use a magnifying glass to examine coins closely and look for any inconsistencies or imperfections that may indicate a counterfeit.
8. Be wary of purchasing coins from unreliable sources, especially online. Do your research and only buy from reputable and trustworthy dealers.