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| "Counterfeiting for Dummies?" https://numismatik-cafe.at/viewtopic.php?f=3&t=3460 |
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| Autor: | villa66 [ 15. Mär 2011, 06:53 ] | |||
| Betreff des Beitrags: | "Counterfeiting for Dummies?" | |||
One of the best-known cases of counterfeiting American coins starred a 5-cent piece like the coin below. Any ideas why the counterfeiter was caught?  v.
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| Autor: | Afrasi [ 15. Mär 2011, 12:16 ] |
| Betreff des Beitrags: | Re: "Counterfeiting for Dummies?" |
I have to confess: I am a dummy.  I can see nothing wrong ... |
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| Autor: | dionysus [ 15. Mär 2011, 12:25 ] |
| Betreff des Beitrags: | Re: "Counterfeiting for Dummies?" |
Hello, i believe, the coin shown above is not a counterfeit one. According to the Red Book counterfeits of 1944 Nickels without a mintmark are known to exist. This must be the answer. Regards, Maico |
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| Autor: | villa66 [ 16. Mär 2011, 05:38 ] | |||
| Betreff des Beitrags: | Re: "Counterfeiting for Dummies?" | |||
Afrasi hat geschrieben: ...I can see nothing wrong ... You’re absolutely right, Afrasi. The pictured 1944P is genuine. But.... A New Jersey man named Francis Henning manufactured hundreds of thousands of “nickels” in the mid-1950s, about 100,000 of which are thought to have actually gotten into circulation. “Henning nickels,” as they are widely known, bear the dates 1939, 1944, 1946, 1947, 1953, and perhaps one other, unknown date. Mr. Henning was a mechanical engineer in his 60’s, but as a counterfeiter he left something to be desired. He had already been arrested and convicted of counterfeiting 5-dollar bills when he decided to try 5-cent coins. His “nickels” weren’t too bad from a technical perspective, but attention to detail is crucial in the counterfeiting profession, and luck helps too. As it turned out, Mr. Henning was both careless and unlucky...he tried to counterfeit the Philadelphia-mint 1944. When the Jefferson 5-cent piece (“nickel”) was introduced in 1938 it was struck in the same copper-nickel alloy employed for the denomination since 1866. During the war-year 1942—in a dynamic familiar to collectors around the world—the wartime demand for nickel caused the alloy of the 5-cent piece to be changed to a copper-silver-manganese alloy. The 1944P which began this thread is one of those 1942-1945 “war-nickels” (also “silver nickels”). The intention was always to return to the original copper-nickel composition after the war, and below is a 1946 nickel of that first peacetime class....
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| Autor: | villa66 [ 16. Mär 2011, 05:41 ] | |||
| Betreff des Beitrags: | Re: "Counterfeiting for Dummies?" | |||
In addition to its different color, the above 1946 nickel also displays the return to the traditional Philadelphia mintmark of 1793 through 1978: none. The postwar nickels that were re-introduced in ’46 also saw a return of the Jefferson’s usual mintmark size and placement, visible to the right of Monticello on the reverse of the 1951s nickel below....
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| Autor: | villa66 [ 16. Mär 2011, 05:45 ] |
| Betreff des Beitrags: | Re: "Counterfeiting for Dummies?" |
The war-nickels of 1942-1945 were quite special creatures in the American 5-cent series. They were silver rather than copper-nickel in color when new, and after a few years in circulation the difference in color tended to become even more pronounced. More obviously, however, to aid the postwar withdrawal and retirement of these silver coins, the war-nickels of 1942-1945 had uniquely large mintmarks, very prominently placed. Even Philadelphia, which as the “mother” mint had never before placed a mintmark on a U.S. coin, marked its war-nickels with a large P. Mr. Henning somehow missed all of this. Mr. Henning’s counterfeit 1944 nickels were of the usual copper-nickel rather the wartime silver, and his bogus 1944 nickels were of the usual “no mintmark” Philadelphia variety, rather than the “big P” of the 1942-1945 wartime type. In other words, Mr. Henning’s “1944 nickels” were easy to tag as counterfeits, even by people with only a basic knowledge of contemporary American coinage. Mr. Henning was unlucky in at least two more respects. Coin collecting was a fast-growing hobby at the time, and thousands of Americans—adults and children alike—were checking their change daily. And then, finally, within the growing hobby of coin collecting, the Jefferson nickel series was most definitely one of the rising stars, and one of the modern American coins beginning to get the most speculative attention. Poor Mr. Henning got three years in jail and had to pay a $5,000 fine. The amount of the fine may only be a coincidence, but then maybe not. Five thousand bucks? Exactly 100,000 nickels! v.
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