Estimate: 50.000 EURBaltic States.
Livonian Order. Gotthard Kettler, 1559-1561.
2 1/2 Ducats n. d., mint probably Riga.
Extremely rare.
Almost extremely fine.
2
Estimate: 15.000 EUREngland.
Elizabeth I, 1558-1603.
Sovereign n. d., (1584-1586), London.
Very rare.
Slightly bent, almost extremely fine.
117
Estimate: 4.000 EUREgypt.
Mustafa III, 1757-1774.
2 Zeri Mahbub 1757/1758 (= 1171 AH), Misr (Kairo)
Ziynet pattern.
Very rare.
Holed, almost extremely fine.
368
Estimate: 6.000 EURColumbia.
Carlos III, 1759-1788.
8 Escudos 1764, NR-JV,
Santa Fe de Nuevo Reino (Bogota).
NGC AU58.
Rare. Extremely fine.
409
Estimate: 50.000 EURGerman States. City of Hamburg.
Bankportugalöser in the weight of 10 Ducats 1689,
by J. Reteke, on the major European banking cities of
Amsterdam, Hamburg, Nuremberg, and Venice.
NGC MS63 PL. Very rare.
Extremely fine-uncirculated.
643
Estimate: 7.500 EURAustralia. George V, 1910-1936.
Penny 1919.
Copper-nickel pattern of the “Kookaburra Penny”
by C. D. Richardson for Stokes & Sons. Extremely rare.
PCGS SP 61.
Tiny edge faults, extremely fine.
1224
Estimate: 10.000 EURKompanie van Verre, 1594-1602.
Vereenigde Amsterdamsche Compagnie.
1/2 Daalder in the weight of 4 Reales 1601, Dordrecht.
Extremely rare. Fine patina,
very fine-extremely fine.
2501
Estimate: 30.000 EURKingdom of the Netherlands.
5 Gulden type 1846.
Highest rarity (RRRR).
PMG Choice Very Fine 35.
3054
Estimate: 30.000 EURKingdom of the Netherlands.
1000 Gulden type 1860.
Highest rarity (RRRR).
PMG Extremely Fine 40.
Pinholes. Pressed.
3312
Estimate: 15.000 EURArchbishopric of Salzburg.
Leonhard von Keutschach, 1495-1519.
3 Ducats 1513. Extremely rare.
Attractive piece with nice golden toning, min. bent,
extremely fine.
4001
Archive: People and Markets

Fakes, Counterfeits, Imitations – CoinsWeekly NYINC Special Issue

by Ursula Kampmann

It’s every coin collector’s worst nightmare. We’re all familiar with the dread of falling victim to a counterfeit. And yes, there’s always a risk of purchasing one.

After the invention of the coin, it probably took only a few months for the first counterfeit to be created. Learn more about this fascinating topic in our CoinsWeekly Special Issue!

After the invention of the coin, it probably took only a few months for the first counterfeit to be created. Learn more about this fascinating topic in our CoinsWeekly Special Issue!

There are a few wonderful quotes about this. My former boss Dr. Hans Voegtli, for example, always used to say that every good old collection contained a “Becker”. And Pierre Strauss told me about an infallible way to check whether a coin dealer was being honest with you. “Ask them whether they’ve ever bought a counterfeit,” he said. “If they are honest, they’ll say yes. If they say no, that’s a lie. Or they’re so stupid that they still haven’t figured out that it’s a counterfeit.”

However, when concerned collectors post pictures on forums or ask others what they think of a particular piece at coin shows, we’re usually not dealing with highly sophisticated counterfeits. In most of these cases, we can tell that something’s off even without using a magnifying glass. And as soon as the devastating judgement is pronounced, you can usually hear them say: “Well, that’s what I thought, too. Something felt wrong about it.”

If you find yourself in such a situation, have some fun and ask further questions. Like where they bought the piece. You will hear stories about an irresistible online offer. Or perhaps they brought the coin home from a vacation as a souvenir, and the dealer at the antiquities store swore by all that’s holy that the piece was authentic. You will also come across coins from flea markets and pieces purchased from generic auction houses. Briefly said, in 90% of such cases, the buyer was tempted to purchase the coin due to an unreasonably low price.

And this brings us to the most effective method of protecting yourself against counterfeits. Don’t believe in Santa Claus! Buy your coins from specialized dealers who vouch for the authenticity of their pieces as members of dealers’ associations.

After all, most supposedly cheap coins still turn out to be far too expensive because they are fake!

Nothing more to miss!

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