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XXI
All of this reinforces the notion that counterfeit detection isn't an exact science and that collecting ancient coins isn't risk free.
Since the initial New York Hoard of fakes was dispersed in 1999, some specimens of these fakes have appeared on the market that appear to be heavily cleaned or crystallized. The original supplier, according to Kokotailo, may be artificially wearing them and giving them acid baths to try to prevent detection.
Needless to say, the inevitable presence of these or any other fakes shouldn't deter you from enjoying the hobby. Though counterfeits are a harsh reality, the number of genuine coins in the ancient coin market as a whole dwarfs the number of counterfeits. Knowledge is power. The challenge of fakes such as these, approached from the right perspective, is one of the fun aspects of ancient numismatics. It shouldn't make anybody run away.
The images of the following 48 forgeries, presented in no particular order of dies (some of the obverse and reverse dies repeat themselves), illustrate a sampling of the 60-plus dies used for the New York Hoard forgeries. There may also be some pieces illustrated below that were made after 1999 from different dies. At the very end of this page are two modern forgeries of Apollonia Pontika drachms, showing inferior workmanship, that are likely not from the same Bulgarian workshop. The images of the coins below are courtesy of Ken Martins, John McIntosh, Robert Kokotailo, Ed Snible, myself, and others. Thanks to Ed Snible for his help with the die matches.
Including each of these pieces below was the result of the opinions of at least three people with in-depth knowledge of these particular forgeries. This doesn't mean that it's certain that all of the pieces illustrated here are forgeries, just that there's a high probability that they are. Due diligence has been taken, but the caveat exists that no single person has had the opportunity to examine all of these pieces in person.
Specimen 1 | Specimen 2 |
Specimen 3 | Specimen 4 |
Specimen 5 | Specimen 6 (obverse die match of Specimen 11, reverse die match of Specimen 30) |
Specimen 7 | Specimen 8 |
Specimen 9 | Specimen 10 |
Specimen 11 (obverse die match of Specimen 6, reverse die match of Specimen 15 and Specimen 22) | Specimen 12 |
Specimen 13 | Specimen 14 |
Specimen 15 (obverse die match of Specimen 17 and Specimen 46, reverse die match of Specimen 11 and Specimen 22) | Specimen 16 |
Specimen 17 (obverse die match of Specimen 15 and Specimen 46) | Specimen 18 |
Specimen 19 | Specimen 20 |
Specimen 21 | Specimen 22 (reverse die match of Specimen 11 and Specimen 15) |
| |
Specimen 23 | Specimen 24 |
Specimen 25 | Specimen 26 |
Specimen 27 | Specimen 28 |
Specimen 29 | Specimen 30 (obverse die match of Specimen 33, reverse die match of Specimen 6) |
Specimen 31 | Specimen 32 |
Specimen 33 (obverse die match of Specimen 30) | Specimen 34 |
Specimen 35 | Specimen 36 |
Specimen 37 | Specimen 38 |
Specimen 39 | Specimen 40 (this piece appears to have been artificially crystallized with an acid bath and had two spade marks added to it) |
Specimen 41 (this piece was withdrawn by an eBay seller before the auction's close) | Specimen 42 (this piece was withdrawn by an eBay seller before the auction's close) |
Specimen 43 (this piece was withdrawn by an eBay seller before the auction's close) | Specimen 44 (this piece was withdrawn by a major auction house before the auction's close) |
Specimen 45 (this piece was withdrawn by a major auction house before the auction's close) | Specimen 46 (obverse die match of Specimen 15 and Specimen 17; this piece is in the slab of a major coin grading and authentication service) |
Specimen 47 (modern forgery, but not a New York Hoard fake) | Specimen 48 (modern forgery, not a New York Hoard fake) |
This article was originally on Reid Goldsborough's excellent but now lost website. Recovered from the internet archive.