Counterfeit Coin Detection – The Top 10 Most Common Counterfeit US Coins

Counterfeit coins have plagued collectors and investors for centuries. As counterfeiting techniques grow more sophisticated, so does the need for vigilance among those buying and selling rare coins. To protect your collection, it’s essential to know which U.S. coins are most commonly counterfeited and how to detect them. Below are the top 10 most counterfeited U.S. coins and tips for spotting fakes.

1. 1909-S VDB Lincoln Cent

This iconic key date from the Lincoln Cent series is highly sought after, making it a prime target for counterfeiters. Fake coins often feature added “S” mintmarks or the “VDB” initials on altered common-date cents. Look closely at the mintmark and compare it to genuine examples to ensure proper placement and style.

2. 1916-D Mercury Dime

The 1916-D Mercury Dime, with its low mintage, is another frequent victim of counterfeiting. Counterfeit versions typically involve adding a fake “D” mintmark to a 1916 coin struck in Philadelphia. Authentic mintmarks should be sharply defined and properly positioned.

3. 1932-D and 1932-S Washington Quarters

Both of these key dates from the Washington Quarter series are heavily counterfeited. Fakes often involve altering coins from 1932-P by adding false mintmarks. Careful examination of the mintmark style and coin weight is crucial.

4. 1893-S Morgan Dollar

As one of the rarest Morgan Dollars, the 1893-S is frequently faked. Counterfeiters sometimes add an “S” mintmark to 1893 Philadelphia strikes or create complete replicas. Genuine coins should have the correct weight (26.73 grams) and the distinct die characteristics unique to this date and mint.

5. 1877 Indian Head Cent

The low-mintage 1877 Indian Head Cent is another common target. Counterfeit versions include altered coins from other years with date modifications. Inspect the “7s” in the date carefully for accurate shapes and spacing.

6. 1914-D Lincoln Cent

The 1914-D is a popular key date in the Lincoln Cent series. Fake versions often have a crudely added “D” mintmark. Use a magnifying glass to confirm the mintmark’s position and style against known genuine examples.

7. Trade Dollars (1873-1885)

Trade Dollars are heavily counterfeited, often using base metals plated with silver. Pay close attention to the coin’s weight (27.22 grams) and edge reeding. Fake Trade Dollars often lack the sharp details found on authentic coins.

8. 1928 Peace Dollar

This low-mintage key date in the Peace Dollar series is frequently counterfeited. Common fakes include altered 1923-S Peace Dollars with changed dates. Verify the weight and check for authentic die characteristics.

9. 1799 Draped Bust Dollar

The rarity and desirability of the 1799 Draped Bust Dollar have made it a favorite for counterfeiters. Be wary of modern replicas and altered dates. Use diagnostic tools to examine the coin’s details and weight.

10. $3 Gold Pieces (1854-1889)

These gold coins are widely counterfeited due to their rarity and value. Many fake $3 Gold Pieces are cast replicas or altered common gold coins. Authentic coins should have sharp details and proper gold content.

How to Protect Yourself

• Authenticate Before You Buy: Buy from reputable dealers or auction houses, and consider coins certified by professional grading services like PCGS or NGC.
• Use a Scale: Genuine coins will have precise weights; any deviation is a red flag.
• Inspect Details: Look for inconsistencies in lettering, mintmarks, and die characteristics.
• Seek Expertise: When in doubt, consult an expert numismatist or authentication service.

Counterfeit detection is an essential skill for any collector. With knowledge, tools, and caution, you can protect your collection from fakes and enjoy the pursuit of genuine U.S. coinage treasures.

Granny’s Garden School

FAQs