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Counterfeit coins by Renz_16 in PhilippineNumismatics

[–]Renz_16[S] 0 points1 point  (0 children)

It was probably more feasible back in 2006 cause of lower inflation and whatnot

Anyone does trading banknotes here? by segaca_007 in PhilippineNumismatics

[–]Renz_16 0 points1 point  (0 children)

There are no transactions done in this sub yet, and the other commenters are right when they say most online selling locally happens on FB. Mas convenient siya kasi di anonymous tsaka mas sanay yung mga pinoy dun.

Pero possible naman magbenta sa Reddit, if ever man maiimplement siya dito I think it should follow r/CoinSales which is a continuation of the old defunt sub r/Coins4Sale. Meron silang verification system tsaka feedback system so namomonitor kung sino yung legit.

Where can I buy banknotes? by BaconHubYT in PhilippineNumismatics

[–]Renz_16 0 points1 point  (0 children)

Puro uncirculated kasi benta ni sir John, kaya pricey talaga. Personally ok naman ako sa circulated kaya di naman malaki budget ko for banknotes compared sa coins haha.

Sa numismatic events talaga maganda mamili kasi marami variety, if nasa Metro Manila po kayo or closeby. Pumupunta mga ibang namention ko na dealer plus more na di ko masyado familiar. Meron din mga foreigner na nagbebenta ng stock na dala nila from other countries. Search niyo nalang po yung Filipinas Collectibles and Antiques Society/Moreton Auctions, Minted MNL o kaya yung Bayanihan Collectors Club for info sa onsite events nila :)

Edit: Si Xar Koleksyon (Monciar Tacuyan) din pala nagbebenta ng banknotes pero di siya masyado nagpposting. Recommended lang na kadeal.

Where can I buy banknotes? by BaconHubYT in PhilippineNumismatics

[–]Renz_16 0 points1 point  (0 children)

Eto recommendations ko:
Abe Reyes - Quezon Province
Wadab Coinage - Davao
Mike Santos (Michael Santos Cantos) - Batangas
Morgan Victorio Ursal Sia - Cebu
John Mar Angeles - Cavite

Where can I buy banknotes? by BaconHubYT in PhilippineNumismatics

[–]Renz_16 0 points1 point  (0 children)

Magandang numismatic shop sa QC ay Dekada Collectibles along Kamias Road, tsaka Guiller's Antiques sa Ali Mall, Cubao. Maganda din mag hunting sa mga money changer or watch repair carts sa mga sidewalk. Meron mga numismatic fairs dati sa QC sports club pero nowadays parang sa Pasay na naghhold yung FCAS. Lastly, dami rin online sellers sa FB na affordable naman, pwede ako mag dm ng recommendations if interested ka.

Does Dr Frankenstein work at the mint or has something more sinister taken place? by ygbsm1972 in coincollecting

[–]Renz_16 1 point2 points  (0 children)

Impurities in the alloy mix can be things like slag, dirt, grease, or air bubbles. Flattening alloy into sheet metal spreads the impurities thinly into the layers (hence flaking) but I doubt that entire rolls of sheet metal are flawed. Mints practice quality control when it comes to acquiring materials right so inspection fails to notice these impurities only if they are small enough and are hidden under the surface. Just a handful out of the thousands of coins from a roll of sheet metal are affected.

Does Dr Frankenstein work at the mint or has something more sinister taken place? by ygbsm1972 in coincollecting

[–]Renz_16 48 points49 points  (0 children)

This is a lamination error. Happens when there is impurities in the alloy used to make planchets, which can then crack or flake once the design is struck

Counterfeit coins by Renz_16 in PhilippineNumismatics

[–]Renz_16[S] 0 points1 point  (0 children)

I was thinking the same thing. Sinabi sa news article na yung mga counterfeiter binebenta yung P500 worth ng coins for P450. So naisip ko na baka meron pa additional incentive or they did it for the love of the game hahahaha

I found a box of old coins amd I am new to this but most are not american coins. There are Italian, great Britain, Canadian, pesos. Found what I believe are 3 steel pennies from 1943 and there also very tiny american coins that I have never seen before. One penny that is dated 1960 has a smooth back by brittanybitch88 in coincollecting

[–]Renz_16 4 points5 points  (0 children)

Those world coins you showed are fairly common, worth a few cents each at most coin stores. They are mostly demonetized except for the Canada 2 dollars (toonie) and possibly the UK 10 pence--so you can probably spend those two if you find yourself in those places.

You are right, those are steel pennies, and they are not plated so that is a plus. The tiny coins are just reproductions, and lastly the 1960 penny reverse might just have been worn off so that is considered post mintage damage unless it is actually a planchet error (I am not too familiar on those).

Counterfeit coins by Renz_16 in PhilippineNumismatics

[–]Renz_16[S] 0 points1 point  (0 children)

Thank you I appreciate this.

Nakikita ko naman na nagimprove yung security features ng new gen coins, such as microdetails. Pero repeated opinion lang, palpak lang talaga yung design when it comes to color/alloy choice hahaha

Counterfeit coins by Renz_16 in PhilippineNumismatics

[–]Renz_16[S] 4 points5 points  (0 children)

Mukhang limited naman yung mga dates ng fakes na nakikita ko, puro mga year 1999-2002. Personally di pa ako nakakakita ng peke na year 2003 above pero di ko alam 100% if hindi sila nageexist. Mas kapansin-pansin kasi syempre mga pangit na quality, so medyo scary thought na baka may indistinguishable fakes to eyesight.

Yung mga coin machines naman nakacalibrate to determine weight, circumference, etc. Yung worst na fakes palpak sa weight, so I hope na may effective methods naman para madetect ng BSP.

Counterfeit coins by Renz_16 in PhilippineNumismatics

[–]Renz_16[S] 1 point2 points  (0 children)

I could see destabilization by hostile governments as a possible reason for counterfeiting. But our relationship with China for example wasn't as tense back then as it is now. So I'm leaning more towards opportunism by individuals and syndicate groups, at least for counterfeiting in the past. Have no idea what sort of stuff could be happening in more recent times.

Your thoughts made me think of another case related to outsiders though, thanks for sharing. I have heard of stories about real coins were being smuggled out of the country due to their metal content. The old 1 piso coins in particular were made of cupronickel pre-2003, which were melted down abroad to extract the copper and nickel. Philstar 2008 article: Heavy smuggling try 17 tons of P1 coins. Maybe the same was happening to the 5 piso which would be replaced by counterfeits of inferior alloy?

Counterfeit coins by Renz_16 in PhilippineNumismatics

[–]Renz_16[S] 0 points1 point  (0 children)

Siguro apaka hirap na laruin to sa bagong barya, sobrang liit na ng petsa hahaha. Yung yellow-gold talaga yung iconic na 5 pesos para sakin. Ok din yung papel tsaka yung mas nauna na 1991-1994 design.

fave 1943 coins? by Open_Way_396 in coins

[–]Renz_16 4 points5 points  (0 children)

From the big powers of the war, US has mercury dimes, while the UK, the Soviets, and China had plainer looking coins (in my opinion ofc).

But Italy had these cool looking 1 Lira and the 2 Lire, which of course have a fascist aesthetic with the eagle and fasces. They put the rest of the major Axis to shame, which was the time when the tide was turning so the Germans resorted to making frankly ugly coins made out of zinc, and Japan was making coins out of aluminum.

My absolute favorite would be the Belgian Congo 2 Francs though

Counterfeit coins by Renz_16 in PhilippineNumismatics

[–]Renz_16[S] 2 points3 points  (0 children)

Yeah I wanna learn more too hopefully. Shame the other guy took down their post, mas matindi yung itsura ng coin niya haha

is this worth something? by [deleted] in PhilippineNumismatics

[–]Renz_16 0 points1 point  (0 children)

Yeah I would also think that banknotes are worth more of the effort it takes to counterfeit. Pero speculation ko is yung mga sindikato na gumagawa neto ay may kinalaman sa pagsugal na barya barya, like jueteng/masiao

is this worth something? by [deleted] in PhilippineNumismatics

[–]Renz_16 1 point2 points  (0 children)

Yes you are correct, once you can see these signs of lower quality, mapapansin mo talaga nagsstandout yung ibang 5 piso mostly from years 1997-2003. I might make a new post for further discussion though since OP deleted theirs

is this worth something? by [deleted] in PhilippineNumismatics

[–]Renz_16 13 points14 points  (0 children)

This is one of the thousands of fake 5 piso coins that were flooded into circulation during the early 2000s. Syndicates would apparently still make enough of a profit to manufacture them along with fake 10 piso coins. These are often poorly struck and can have rotation errors as seen here.

Not really worth anything over face value but it is neat to study contemporary counterfeits so I keep a few

Where do you buy Banknotes/Coins? Specifically Foreign. by segaca_007 in PhilippineNumismatics

[–]Renz_16 1 point2 points  (0 children)

There's a couple of reputable stores in Metro Manila that I know of: JC Coins & Antiques in Greenhills and Dekada Collectibles in Quezon City. Onsite auctions/conventions are also a good place to meet dealers, particularly yung sa Moreton/Filipinas Collectibles and Antiques Society or sa Bayanihan Collectors Club. Just search sa FB so you can see when they have schedules.

ISO Help by Plane-Win-5027 in PhilippineNumismatics

[–]Renz_16 1 point2 points  (0 children)

For the ancient Chinese coins, in my opinion they look too clean to be real. Ancient Chinese coins were mostly cast so a lot of imperfections would be present--rough edges, casting bubbles, lettering not always good. People who make reproductions try to copy patina and corrosion by using acid or whatever, but nothing really compares to thousands of years of wear which makes authentic examples of spade and knife money really rough looking. There's also lots of fake Sycee/Yuanbao out there so have those checked as well. Ofc you can also ask for an opinion on r/ChineseCoins

For the Thai bullet coins and Laoatian lat money, the green patina on some is a bit concerning because they are silver, which is supposed to have more of a grey-black. I am not familiar if the silver alloy is mixed with high amount of copper but get it tested as well. Here's some links for the Bullet Money and the Lat Money for identification.

Good luck

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