BEWARE of FAKE CASASCIUS COINS

[krogothmanhattan]

Don't worry when the time comes for me to get rid of some of my coins you most certainly will be notified. I believe I will post a full list of what I own, once I get all of them graded.

hahah thanks!

and jungle slabs?  

Unfortunately I wish I had done it before they change the color from yellow to Green but I figured it's best to do it now especially with certain coins being faked.

ANACS graded a fake Ebay bought Sol Noctis coin as if it was genuine.

These guys and the people who grade out there are not crypto coin experts.

We can do a better job in identifying the real ones from the fakes.

So a graded coin does not mean it is a real coin or that it has not had the holo peeled and then re attached.

I posted a photo of the Sol Noctis coin here https://bitcointalk.org/index.php?topic=3315347.0

The fact they they slap a sticker on saying authenticated is hilarious!   

[chronicsky]

Don't worry when the time comes for me to get rid of some of my coins you most certainly will be notified. I believe I will post a full list of what I own, once I get all of them graded.

hahah thanks!

and jungle slabs?  

Unfortunately I wish I had done it before they change the color from yellow to Green but I figured it's best to do it now especially with certain coins being faked.

ANACS graded a fake Ebay bought Sol Noctis coin as if it was genuine.

These guys and the people who grade out there are not crypto coin experts.

We can do a better job in identifying the real ones from the fakes.

So a graded coin does not mean it is a real coin or that it has not had the holo peeled and then re attached.

I posted a photo of the Sol Noctis coin here https://bitcointalk.org/index.php?topic=3315347.0

That sticker they slap on saying authenticated is hilarious!

they need to hire few of us to do that work

[krogothmanhattan]

Don't worry when the time comes for me to get rid of some of my coins you most certainly will be notified. I believe I will post a full list of what I own, once I get all of them graded.

hahah thanks!

and jungle slabs?  

Unfortunately I wish I had done it before they change the color from yellow to Green but I figured it's best to do it now especially with certain coins being faked.

ANACS graded a fake Ebay bought Sol Noctis coin as if it was genuine.

These guys and the people who grade out there are not crypto coin experts.

We can do a better job in identifying the real ones from the fakes.

So a graded coin does not mean it is a real coin or that it has not had the holo peeled and then re attached.

I posted a photo of the Sol Noctis coin here https://bitcointalk.org/index.php?topic=3315347.0

That sticker they slap on saying authenticated is hilarious!

they need to hire few of us to do that work

Your 100% right on that sky!  We can do a better job than anyone outside the forum for sure!

Perhaps someone will open a service to grade just for us forum members...a forum member with high trust and years of trading cryptocoins..I can think of a few good people in here   that can start something really good for the collecting community

[chronicsky]

Don't worry when the time comes for me to get rid of some of my coins you most certainly will be notified. I believe I will post a full list of what I own, once I get all of them graded.

hahah thanks!

and jungle slabs?  

Unfortunately I wish I had done it before they change the color from yellow to Green but I figured it's best to do it now especially with certain coins being faked.

ANACS graded a fake Ebay bought Sol Noctis coin as if it was genuine.

These guys and the people who grade out there are not crypto coin experts.

We can do a better job in identifying the real ones from the fakes.

So a graded coin does not mean it is a real coin or that it has not had the holo peeled and then re attached.

I posted a photo of the Sol Noctis coin here https://bitcointalk.org/index.php?topic=3315347.0

That sticker they slap on saying authenticated is hilarious!

they need to hire few of us to do that work

Your 100% right on that sky!  We can do a better job than anyone outside the forum for sure!

Perhaps someone will open a service to grade just for us forum members...a forum member with high trust and years of trading cryptocoins..I can think of a few good people in here   that can start something really good for the collecting community

yup!

so many trusted guys in here with such experience.
would be fun to have a inhouse grading system but would be too costly to setup just for the physical crypto and this community is not as big for the industry yet.

[dazedfool]

I'll volunteer to authenticate coins. Genuines will be etched "FOOL" to clearly show dazedfool-verified legitimacy. Fake coins will be removed from circulation at no charge.  

Very reasonable 1XMR processing fee per coin. Shipping at cost, both ways.

[chronicsky]

I'll volunteer to authenticate coins. Genuines will be etched "FOOL" to clearly show dazedfool-verified legitimacy. Fake coins will be removed from circulation at no charge.  

Very reasonable 1XMR processing fee per coin. Shipping at cost, both ways.

hahahah i like the idea of removing the fakes!

ANACS have to be 'FOOL' to not take your help with xmr ones

[krogothmanhattan]

I'll volunteer to authenticate coins. Genuines will be etched "FOOL" to clearly show dazedfool-verified legitimacy. Fake coins will be removed from circulation at no charge.  

Very reasonable 1XMR processing fee per coin. Shipping at cost, both ways.

Now thats an idea....the fools shipping coins to a dazed fool to be fooled 

[krogothmanhattan]

A fake Casascius going thru ICG ..courtesy of MinerJones

[gentlemand]

A fake Casascius going thru ICG ..courtesy of MinerJones

Presumably he told that it was fake rather than them deciding? I doubt they know their arse from their elbow.

It still looks too blocky and shiny to be a convincing clone.

[greenplastic]

WTB one of these lemons, if available.  (Just for personal collection)

[BTCcollector19]

A fake Casascius going thru ICG ..courtesy of MinerJones

Thanks for posting this Krogo!!

[CanaryInTheMine]

In numismatics, people actually collect forgeries... there are folks who have fake morgan dollar collections, graded by pcgs as fakes... i’ve seen one of these sets at a coin conference and the price tag was insane...

I suspect, people will want to collect crypto fakes, but it would be a tiny number of collectors interested in them

[krogothmanhattan]

In numismatics, people actually collect forgeries... there are folks who have fake morgan dollar collections, graded by pcgs as fakes... i’ve seen one of these sets at a coin conference and the price tag was insane...

I suspect, people will want to collect crypto fakes, but it would be a tiny number of collectors interested in them

  It also applies in philately....forgeries...fakes and counterfeits are also collectables. Especially items that fooled the postal system in thinking they were genuine in other words postally used fakes. Sperati was the most famous and incredibly good at making realistic fakes.

[Lesbian Cow]

In numismatics, people actually collect forgeries... there are folks who have fake morgan dollar collections, graded by pcgs as fakes... i’ve seen one of these sets at a coin conference and the price tag was insane...

I suspect, people will want to collect crypto fakes, but it would be a tiny number of collectors interested in them

  It also applies in philately....forgeries...fakes and counterfeits are also collectables. Especially items that fooled the postal system in thinking they were genuine in other words postally used fakes. Sperati was the most famous and incredibly good at making realistic fakes.

Same in ancient coins. They are called barbarian silver.  I had a counterfeit/barbarian Celtic version of a Roman coin. The counterfeit was produced around 140 BC and when I sold it was worth over 1000 usd. 

[krogothmanhattan]

There are quite a few fake Casascius coins that can be found on Alibaba.  Below are some examples with links to the webpage where they can be found. There’s also a slew of other prominent coins being faked and sold there as well.


https://www.alibaba.com/product-detail/custom-design-bitcoin-coin_60091026935.html?spm=a2700.7724838.2017115.100.2a6b1f1ettAfJq


https://www.alibaba.com/product-detail/fashion-European-custom-bit-coin-promotional_60538793997.html?spm=a2700.7724838.2017115.97.2e4a1f1ebW6udS


https://www.alibaba.com/product-detail/hot-sale-custom-made-metal-bitcoin_60496117956.html?spm=a2700.7724838.2017115.315.18d41f1ec8e6Xy

Fake Nola Coins


https://www.alibaba.com/product-detail/high-quality-Gold-plated-bitcoin-round_60681329278.html?spm=a2700.7724838.2017115.446.350c1f1e9gn1Nn

https://www.alibaba.com/product-detail/good-quality-mirror-bitcoin_1457947281.html?spm=a2700.7724838.2017115.394.18d41f1ec8e6Xy

Fake CoinedBits


https://www.alibaba.com/product-detail/Custom-Souvenir-Metal-Commemorative-Bit-Bitcoin_60748422433.html?spm=a2700.7724838.2017005.12.12251f1ej4ctY6

Cryptonic

https://www.alibaba.com/product-detail/Jiabo-High-quality-with-custom-design_1285878365.html?spm=a2700.7724838.2017115.404.18d41f1ec8e6Xy

Courtesy of ChiBCTy

[Pagoda.to]

oh wow this is nuts, thanks for the heads up, I wanted to buy some soon didn't know they sold fake ones.

[coco23]

It was clear that better fakes will show up. The pics I have seen in this thread don't scare me (yet). As long as the coins can be relatively easy distinguished from real ones by eye all is good. A more difficult thing to fake would be the hologram anyway.
Any fake holograms spotted in the wild yet?

[krogothmanhattan]

It was clear that better fakes will show up. The pics I have seen in this thread don't scare me (yet). As long as the coins can be relatively easy distinguished from real ones by eye all is good. A more difficult thing to fake would be the hologram anyway.
Any fake holograms spotted in the wild yet?

These holograms were made years ago...



If the toning color of the faked casascius is made closer to the real one it will fool most people who are not into the daily dealing of our crypto passion.

So yes...most seasoned collectors in here will be able to distinguish between the two but newbies entering the market can easily be fooled.

One experience I had first hand is an ebay member posting the REAL redeemed Casascius 2011 coins on ebay and then he sent me the fake ones! Classic bait and switch!

Of course I got my money back once I called him out. But how many people did this unscrupulous seller dupe? Probably alot.

So if anyone has anything that is newly faked or forged it is imperative to post here or in my other thread https://bitcointalk.org/index.php?topic=3315347.0 for everyone to see in this forum and also for people outside of here to find when doing a google search.

[gentlemand]

It was clear that better fakes will show up. The pics I have seen in this thread don't scare me (yet). As long as the coins can be relatively easy distinguished from real ones by eye all is good. A more difficult thing to fake would be the hologram anyway.
Any fake holograms spotted in the wild yet?

The existing ones seem to largely be cheerful ripoffs, not dedicated fakes. I'm sure if someone put their mind to it we'd wind up with something truly convincing.

Mike Caldwell started off selling car wash tokens with stickers on them, albeit fancy ish stickers. He couldn't have known what was to come. I wonder what he would've done differently if he did.

[Ultra_io]

one quick question having a coin graded prevent 100% of fake right?

I've only one coin non graded and I'm a bit suspicious It can be a fake, because it's not and it's in relatively bad shape