counterfeit coins

Counterfeit Coins –  1904 Double Eagle

By Max Spiegel –  Numismatic Guaranty Corporation ……

This counterfeit coin 1904 Double Eagle specimen exhibits relatively sharp design details, and its composition is virtually identical to that of a legitimate specimen.

United States gold coins have been extensively counterfeited for decades and counterfeit coins are known for virtually all dates, even the most common ones. Many of these spurious gold counterfeit coins were not originally intended to fool collectors; rather, they were created to satisfy the intense demand for gold coins from Middle Eastern merchants in the 1960s and ’70s.fake_1904_20_rev

These counterfeit coins typically had a high gold content and many were imported to the United States where they were eventually purchased by unsuspecting collectors.

Nonetheless, there are several problems that help identify it as a counterfeit. The fields, particularly in the periphery, appear altered and dull. There are also a number of raised lines and tiny lumps near the denticles and through the letters in the legends.

For example, a raised line bisects the Y in TWENTY on the reverse and a small lump is seen immediately to the left of the D in DOLLARS. More minuscule lumps can be found in Liberty’s coronet between the letters of LIBERTY.


These counterfeit US gold coins have been commonplace for several decades, although their numbers began to dwindle in the late 1980s with establishment of third-party grading services.

For collectors unfamiliar with these older fakes, they can sometimes be quite deceptive. There are many diagnostics, however, especially the raised lines and lumps, that are common to a lot of these illegitimate pieces and familiarity with these issues will make detection significantly easier.

Interested in reading more articles on Counterfeit Detection? Click here.

NGC-Certified United States $20 Gold Liberty Coins Currently Available on eBay

 Pic  Title  Details
1894 Gold Liberty $20 Double Eagle PCGS MS61 Current Price: $20.5
# of Bids: 4
Ending: 6 days 12 hrs 9 mins
1904 $20 PCGS MS 64 Gold Liberty Double Eagle, OGH PQ Coin Near GEM Uncirculated Current Price: $1259.0
# of Bids: 7
Ending: 6 days 11 hrs 43 mins
1898 S $20 PCGS MS 62 Gold Liberty Double Eagle,PQ Coin Better Date Uncirculated Current Price: $1083.0
# of Bids: 14
Ending: 6 days 11 hrs 47 mins
# of Bids: 19
Ending: 6 days 12 hrs 53 mins
1904-S PCGS MS62 $20 Gold Liberty Head Double Eagle Current Price: $1395.0
# of Bids: 0
Ending: 28 days 7 hrs 31 mins
1907 $20 Gold Liberty Head Double Eagle PCGS Unc Detail/Altered - FREE Shipping Current Price: $1330.0
# of Bids: 0
Ending: 28 days 4 hrs 56 mins
 View all items... (Powered by: WPeBayAds)  


This site uses Akismet to reduce spam. Learn how your comment data is processed.