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Tips for Coin Buyers: The Best Way to Identify Counterfeit Coins by Thomas McNabney





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Tips for Coin Buyers: The Best Way to Identify Counterfeit Coins by
Article Posted: 12/14/2012
Article Views: 111
Articles Written: 173
Word Count: 488
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Tips for Coin Buyers: The Best Way to Identify Counterfeit Coins


 
Hobbies,Advice,Investment
Whether you’ve been collecting coins for a decade or a day, you will eventually come to the understanding that collecting coins involves getting acquainted with history, spending money, and investing in certain tools and materials. Coin buyers from around the world can attest to this truth. In order to be able to accurately identify counterfeit coins, it is essential to learn about the history of coins and understand the intricacies involved in their manufacture and design. Determining whether a coin is legitimate can be challenging, but there are definitely some guidelines that you can use to help out with the process:

1. Compare the coin in question to an authentic coin of the same kind. If do not have one in your possession, you can reach out to other coin buyers for a helping hand. As a last resort, you can use a good photo that clearly shows the characteristics and qualities of an authentic version of the coin you are examining. Focus specifically on the dates, mint marks and other important features.

2. Study the edges of the coin. If the value of the coin you are examining is over five cents, it should have reeded edges or dentils surrounding its diameter. If the coin is a counterfeit, the dentils may be broken, irregular or non-existent. If you notice any of these anomalies, the coin is probably counterfeit.

3. Find out the exact dates of production of the coin you are examining. Surprisingly enough, some counterfeit coin producers mint coins that have erroneous dates printed on them. One way to help you determine whether a coin is authentic or not is by cross-referencing the date on the coin you are examining with the coin’s years of production. If the date of the coin you are examining does not match any of the years of production, then you are likely looking at a counterfeit coin.

4. Compare the weight of the authentic coin and the coin that you are examining. The process of minting coins is very precise and changes in the production process are far and few between. Experienced coin buyers know this. One way to help you determine whether a coin is counterfeit is by weighing the coins. If you find that the difference in weight between an authentic coin and the one you’re examining is significant, it’s possible that you have a counterfeit coin. Specifications for most coins can be found online if you don’t have an authentic coin available of the same type and denomination.

In identifying counterfeit coins, one of the most helpful methods is to compare the coin in question to an authentic coin of the same kind. Study the edges of the coin and verify the coin’s dates of production. Lastly, weigh the coins against each other. Consult with coin buyers if you are in need of help or advice.

Find out more tips about buying coins Coin Buyers.

Related Articles - Coin Buying Tips, Tips For Coin Buyers, Buying Coins Tips, Coin Buyers, Silver Coins Atlanta, Gold Coins Atlanta, Atlanta Coin Dealers,

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