By Jack D. Young, Early American Coppers (EAC), and the Dark Side Group ……
Charles [CoinWeek Editor —CW] recently asked me to compile a list of the top five counterfeits that I’ve seen since the Dark Side Group began to coalesce back in the fall of 2015. The following is my list, in ascending order and with links to the relevant CoinWeek articles for detailed attribution information and diagnostics:
- 1796 S-85 Large Cent
- 1872-S Seated Half Dollar
- 1798 S-158 Large Cent
- 1836 Gobrecht Dollar
- 1797 S-139 Large Cent
In my previous installment, I reviewed the bottom two counterfeits on my list. In this episode, I review the top three, starting with the…
1798 ”S-158” Large Cent
The 1798 ”S-158” Large Cent is one of my favorites, having handled several fake examples from different venues, and it is actually the variety that started me down this rabbit hole in late 2015. It was also the subject for my meeting and presentation to the United States Secret Service in Washington, D.C..
The first one reported was initially investigated as a new unknown variety of 1798 Large Cent, but several more were almost immediately found after its discovery, with all having matching attribution marks.
The following images include the “discovery coin” (found by someone else), the first one I discovered, and another counterfeit from the same group of known eBay bad sellers.
Interestingly, all three of the imaged examples were listed and sold by three different seller IDs, but all linked back to one listed “Company” and corresponding location in Texas.
The following image, courtesy of a friend and fellow EAC (Early American Coppers) member, was also used for one of my Facebook Group pages.
It shows marks and repaired areas common to all known examples, with a genuine coin on top.
Another certified example, this one initially considered a die state of S-158:
One of the interesting things to note is that we’ve documented nine of these, including the presumed genuine source example, all found in the late 2015 to early 2016 timeframe. We have not seen another, which makes me wonder how many more are out there in folks’ collections.
The main repeating attribution points are in the image below.
1836 Gobrecht Dollar
The 1836 Gobrecht Dollar coming in at number two is a prolific TPG-certified counterfeit found in a major auction venue along with the ‘Bay. I’ve written a couple of articles on these.
As in many of the deceptive certified counterfeits, the genuine source example for the dies was damaged and repaired to make the false dies. The hole in this example was small and mainly affected the “OF” on the reverse, requiring tooling in that spot after plugging the hole. The most obvious result of the tooling was the tail of the “F”.
Since reporting these, one turned up a few years ago in a dealer’s inventory, also TPG-certified. I understand it was returned to the third-party grading service that “authenticated” it.
The main repeating attribution points are as follows:
1797 S-139 Large Cent
So, here we are at NUMERO UNO, the 1797 “S-139” Large Cent, the one that a friend and big-time Early American Copper dealer said kept him up at night, and another was convinced only when I showed him the evidence.
Possibly only one certified, this example was authenticated by two of the top TPGs. The other certified example is likely the repaired genuine source coin. There were a couple of raw examples found and documented, as well.
The genuine example had a series of deep scratches that were mostly smoothed out on the coin before making these false dies, leaving an obvious streak on the doctored coin and remnants on the struck fakes, which serve as attribution points.
This one is so good that it was included as #18 for the variety in the Early Copper condition census for large cents (“CC”).
Supposed 1797 S-139 CC 18, net graded VF30
While researching this one, I asked a friend to do an image analysis. He “maps” a genuine coin in CAD/CAM and then maps the subject examples. His overlay includes two known bad examples; the “red” features are common only to the fakes.
These also match the “atts” that I had previously developed:
So there you have it, the top five deceptive counterfeits that keep me and plenty of others up at night!
Best, as Always,
—Jack
MORE Articles on Counterfeit Coins by Jack D. Young
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