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June 30, 2025You know, I’ve collected coins for years, and lately, the flood of fake mint errors online just makes my blood boil. It’s sickening how scammers target unsuspecting buyers with ridiculous listings. I had to vent and share some hard-won advice to help you steer clear of this nonsense.
The Fake Error Epidemic is Real
It’s gotten bad. Seriously bad. Bogus listings are popping up everywhere – Facebook Marketplace, eBay, Craigslist – sellers pushing common coins as rare errors. Just last week, I spotted one proudly advertising an “IN COD WE TRUST” coin. “Cod”! Come on. It’s laughable, sure, but it shows how low these folks will go for a quick buck. This isn’t ignorance; it’s deliberate fraud, and it’s chipping away at the trust in our hobby. Feels like P.T. Barnum’s ghost is having a field day in numismatics, and this epidemic? It’s only getting worse.
Spotting the Real Deal (and Dodging the Fakes)
Real mint errors? They’re genuinely rare, and they have specific tells that fakes usually botch. Here’s how I separate the wheat from the chaff:
- Demand Proof: Legit errors, like that nickel struck on a cent planchet I own (worth around $300), are documented by trusted services like PCGS or NGC. No slab? No proof? Big red flag – probably fake.
- Trust Your Gut (& Common Sense): Real errors, like off-center strikes or planchet flaws, follow patterns. Fakes often look bizarre or impossible – like that “cod” coin, or weird marks that just don’t match any known error. If it looks off, it probably is.
- Learn the Ropes: I lean heavily on resources from trusted experts. There are fantastic YouTube channels out there breaking down error identification – I’ve lost count of how many scams they’ve helped me avoid.
Remember, true errors are scarce. If a listing seems too common or the price is sky-high for no clear reason? Run.
What This Mess is Doing to Our Hobby
This fake error wave is warping the market. I see garbage listed for $500 or pure fantasy “moon money” prices, while genuine rarities hold their true value. It’s incredibly frustrating. It breeds skepticism and could seriously damage collecting long-term. New collectors get burned and quit. Even us old hands feel like throwing in the towel sometimes. But don’t lose hope – knowing your stuff is your best defense. Sharing what we know is how we fight back against this trash.
My Practical Tips to Stay Safe
My rule of thumb? Treat every online listing like a potential scam until it proves otherwise. Here’s my survival kit:
- Buy from the Good Guys: Stick with established dealers or reputable auction houses, not random online ads from strangers.
- Proof or Pass: Always, always ask for certification from PCGS, NGC, or ANACS. If the seller hesitates or refuses? Walk away. Fast.
- Knowledge is Your Shield: Get involved in coin forums, read the books, watch those expert videos. Knowing the common fakes has saved my wallet more times than I can remember.
- Report the Crap: When I spot a blatant fake, I report it to the platform. It feels like shouting into the wind sometimes, but if we all do it, we can make a dent.
Look, this whole fake error circus is exhausting. It really grinds my gears. But I’m not quitting, and you shouldn’t either. By staying sharp and sharing what we learn, we can protect this hobby we love. Keep your eyes open and collect smart, folks!