Counterfeit coins

danhughes

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Wanna be a counterfeiter? Here's how!

From making your own coins from scratch, or altering dates on real coins, or combining two real coins into a third coin, counterfeit coins have been around since the first coins were minted in 600 BC.

The latest instance of fakery centers around the 1883-S Morgan dollar. The photo shows how coins can have their faces shaved off, and then two halves are pressed together to make a "new" coin which is much more valuable than the two coins you started with.

Listen to the whole story at http://thetreasurecorner.com.
 
Del, if those coins are 2,350 years old as the article states, that would put their origin at 336 BC. Not as old as 600 BC!

Unless I did the math wrong, which would not surprise anyone who knows me!

I didn't know about colonial counterfeiting. If they were making fake coins to use as money, I wouldn't think the profit margin would be very high?
 

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