3 ms·
That's fascinating. In a way a gold smuggled coin like that seems more rare than the genuine article? That would have an effect of its own on the value? Or mayb
by herewulf 3y ago
That's fascinating. In a way a gold smuggled coin like that seems more rare than the genuine article? That would have an effect of its own on the value? Or maybe the problem is such coins are impossible to identify with certainty because they weren't made by an "official" mint?
- nlh 3y agoThere are definitely people who collect fakes/smuggled coins, but because they have the stench of counterfeit on them, their appeal is limited. However - there is one super notable example. In the mid-1900s a guy who became known as the "Omega Man" made counterfeits of the famous 1907 High Relif $20 Gold Coin that were SO good that for many years many of them were certified and bought and sold as genuine. Like many craftsmen of his ilk, the Omega Man couldn't resist leaving a calling card on his (gold) fakes, and it was eventually discovered. Those are outright collectible today for more than their gold value. Some details: https://www.ngccoin.com/news/article/10583/omega-counterfeit/ https://www.ngccoin.com/news/article/10583/omega-counterfeit...