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Showing posts with the label Fake Coins at Ebay

Beware of Fake Nabakelebara Coins on Online Shopping Portals

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The counterfeit ₹1000 commemorative coin featuring the Shri Jagannath Nabakelebara theme have begun appearing across various online shopping platforms, despite the fact that the official coin has not yet been commenced bookings from the India Government Mint, Mumbai.  This early flood of fakes is not only alarming but also highlights the growing vulnerability of unsuspecting collectors who rely on online marketplaces. Spotting these fake coins is relatively easy due to a glaring spelling error: the inscription on the counterfeit reads “Shri Jagganath Nabakelebra” instead of the correct “Shri Jagannath Nabakelebara.” Such inaccuracies are a common trait among forged commemorative pieces, making it essential for collectors to examine details closely before making any purchase. This is not the first time counterfeit commemorative coins have emerged even before official mint releases. Earlier reports highlighted similar instances where fraudulent coins circulated widely, misleading b...

Fake Chinese Coins Flooded in Indian Market

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Many individuals might assume that acquiring commemorative coins in Proof or UNC coin sets from e-commerce platforms like eBay or Shopclues will enhance their collections. However, it's crucial to exercise caution due to the prevalence of counterfeit coins originating from China. Recently, the Indian market has witnessed an influx of counterfeit coins. The quality of these imitations is exceptional, featuring a high-grade finish. The Proof and UNC sets of the Rs. 200 coin featuring Tatya Tope are yet to be released by the India Government Mint. The metal composition for the ' 200th Birth Anniversary of Tatya Tope ' and ' Mata Vaishno Devi Shrine Board ' coins is a Quaternary Alloy, comprising 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc. The ' 1000 Years of Brihadeeswarar Temple ' coin comprises 80% Silver and 20% Copper. However, these counterfeit coins are produced with base metal, lacking any numismatic value. It's a pleasure to share ima...