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From the Dark Corner: An “Authenticated” 1818 Counterfeit Capped Bust Quarter

Capped Bust Quarter Dollar Fake.

By Jack D. Young, Early American Coppers (EAC) ……
 

Reporting exclusively for CoinWeek, the discovery of a “new” counterfeit – an 1818 B-10 “Homer Face” quarter dollar!

It is from the same group of counterfeiters that the Dark Side Group and I have been following since late 2015 and a cert series of 20+ different TPG (third-party grading service) submitted examples; as a member of Early American Coppers (EAC), I focused on the early copper first.

Ironically, I wrote a CoinWeek article on a “Family” of recent counterfeits based on the 1818 B-10 quarter. The counterfeits were made using a genuine 1818 example with various dates and were what I considered midlevel deceptive counterfeits–only the 1818 dated examples were deceptive but experienced collectors could identify them readily as fakes and none had been reported certified in genuine TPG holders.

Until now!

Figure-1. Jack Young 1818 Quarter Dollar - Counterfeit Detection.
Figure-1. Midlevel fake on left

The focus of this research is one I considered from a group of really deceptive fakes and examples HAVE been identified in TPG holders as genuine; they were coined from dies made from a genuine source coin, and, like the others we have documented, they should carry all of the marks and hits of the source. As with many of the counterfeits we’ve examined, the source example appears to have been damaged and repaired/tooled prior to the fake dies being made.

As I ALWAYS state, my first step in working to authenticate a suspect example is to ATTRIBUTE it. Had that been done by the TPGs, they may have noticed something was wrong other than a possible “cleaning”!

My first review example again came from my files and a known group of “suspect” specimens from the bad submitters:

Figure-2. Jack Young 1818 Quarter Dollar - Counterfeit Detection.
TPG Submitted Example; cert now reads “Not Genuine” (Courtesy NGC)

And comparison to the closest variety match of 1818 HD, the B-10 on the right:

Figure-3. Jack Young 1818 Quarter Dollar - Counterfeit Detection.
Genuine 1818 B-10 on the right courtesy PCGS CoinFacts

One key of the B-10 is the die scratch at the second star, but it is missing from the suspect example:

Figure-4. Jack Young 1818 Quarter Dollar - Counterfeit Detection.

In fact, it looks like the stars and dentils were worked on, as well as the face:

Figure-5. Jack Young 1818 Quarter Dollar - Counterfeit Detection.
Genuine example on the right.

I suspect the source example was damaged and in need of repairs but have not found images of it as of yet.

As the research hit its stride, I found other examples in various archives that I always search through – including this TPG-certified example sold by a major auction house back in 2016:

Figure-6. Jack Young 1818 Quarter Dollar - Counterfeit Detection.
Certified Auction Example

A comparison with the first example shows many common marks:

Figure-7. Jack Young 1818 Quarter Dollar - Counterfeit Detection.

Figure-8. Jack Young 1818 Quarter Dollar - Counterfeit Detection.

A scratch from the rim through the 2 is the most prominent matching mark on the reverse. These two match so closely they may well be the same example; I am looking at the time frame between them to try to help determine that.

Continued searching found three other examples for comparison: another TPG-certified (cert now states “Contact Customer Service”) and two raw ones listed by known bad internet sellers at the time.

The next certified example obverse comparison image on the right (low resolution image):

Figure-9. Jack Young 1818 Quarter Dollar - Counterfeit Detection.

And the two raw examples:

Figure-10. Jack Young 1818 Quarter Dollar - Counterfeit Detection.

There are enough matching marks–including “Homer”–to know there are several counterfeits here.

But, as always, more research is required going forward!

Best,

–Jack


MORE Articles on Counterfeit Coins by Jack D. Young

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Jack D. Young
Jack D. Young
An engineer by training, Jack D. Young is a researcher and author on the subject of the recent wave of deceptive struck counterfeits. He is the founder of the "Dark Side" Counterfeits and Fakes Facebook watch group, a participating member of Early American Coppers (EAC) since 2002, the Liberty Seated Collectors Club (LSCC), C4, the NLG, the ANA, and the ANS. Jack has consulted on the subject of counterfeits and their effect on the Hobby with staffers of the United States Senate Finance Committee, a senior member of the U.S. Secret Service (both with the ACTF as an Expert Network volunteer), and agents of both CBP and the Department of the Treasury. His work has appeared in various club journals, including The Numismatist, and he was acknowledged for his research by Q. David Bowers in the latter's The Copper Coins of Vermont (2018). The ACTF awarded Jack Young the Alan Kreuzer Award in 2019 and the PNG presented him with the Sol Kaplan Award in 2022. He started collecting as a youth, filling a Lincoln penny board with his grandmother, and continues to collect low-grade early large cents by date and some varieties.

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