|
New counterfeit operations have sprung up across the world, particularly in China, where relaxed laws protect these operations from liability. The
counterfeiters use clever production methods and cutting-edge die-making technology, creating forgeries that are difficult for most collectors to
detect. A wide variety of counterfeit objects are being produced, including U.S. and world coins, paper money, errors, and even slabs. With the
assistance of unprincipled dealers and investors, this new material is flooding the market at an astonishing rate, compromising the investments of
collectors and the integrity of honest dealers.
Below are some links that look at counterfeiting in greater detail, including an eye-opening article in Coin World exploring how new counterfeit
material is produced and finds its way into the United States market. In addition, the ANA will be developing a comprehensive online resource guide, a
counterfeit detection course held at Summer Seminar and conventions, and an exhibit exploring modern counterfeiting.
An educated numismatic community is the best defense against this widespread problem; we encourage everyone who loves the hobby to take the time to
increase their awareness.
Articles from The Numismatist
Read Brian Silliman's column every month in the members only magazine, The Numismatist - now available online
|