Are old counterfiet coins worth anything?

[whistler84]

I may possibly have a lead to a site where an illegal coin operation took place in the mid to late 1800s. My question before i even attept the journey, is would this even me worth my time? Or land me in ALOT of trouble if i come up with some.

 

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[Nitric]

Some counterfeits are worth money, I don't think there is any problem with owning them, it's if you ever sold them, and tried to pass them off as real where you may get into trouble.

Especially that old. Someone explained it to me years ago, of why it's legal to own them and collect them. I really can't remember. Maybe because we don't use coins that old anymore?

 

[huntsman53]

As Nitric stated, you have to state or declare that the coins are counterfeits when you sell them. Some counterfeit coins are fairly valuable and some are extremely valuable and even some restrikes are very valuable as well. Most of both of these were counterfeited or restrikes that were done mainly in the 1700's and 1800's but there are some earlier ones as well and most often, these are valuable due to the person who produced them.


Frank

 

[jerseyben]

Yes. Some people, such as myself, specifically collect contemporary counterfeit coins.

 

[Mackaydon]

Ancient coins 'imitated' by the Bulgarian Slavey Petrov and his 'friends' are beautiful and attract demand notwithstanding their authenticity.
Don.......

 

[Iron Patch]

Struck yes, cast, not so much.

 

[baddbluff]

The 1944 counterfeit Henning nickels are pretty sweet and fairly valuable.
I wonder if there are any counterfeit Henning nickels out there, and if they are illegal to own?

 

[Nitric]

The 1944 counterfeit Henning nickels are pretty sweet and fairly valuable.
I wonder if there are any counterfeit Henning nickels out there, and if they are illegal to own?

Sure, they are out there! I hope they aren't illegal to own! If they are? I'll tell on myself a little!



If I lived closer to where his(Henning) operation's were or where the theories of where they were dumped, I'd be searching for them with a detector. That's a cool part of history! One above I'm positive is a Henning, The other, I'm "almost" sure it is, but it's a different type than a lot that are pictured, it doesn't have the dimple in the R.