The threat in other countries
In the 1960's world class counterfeit rare coins were
being made in Lebanon. They used the correct alloy,
made professional dies and struck the coins on the
proper machines. Only by knowing the slightest
differences between the dies used by the governments
could rare coin authentication experts with years and
years of experience tell the difference with strong
magnifiers or microscopes.
Today some excellent and not so excellent counterfeit
coins are coming out of China or some other places in
South Asia.
If you can counterfeit rare gold coins in an expert
fashion that it could fool many experts, could it be
that hard to do the same thing with clay chips or
metal machine tokens? Of course if you can just
counterfeit U.S. paper money then it could be passed
anywhere.
Victoria
ยทยทยท
--- Mark <mark_my_words_again@yahoo.com> wrote:
I missed the end- was a great show (if a tad cheesy
acting in
the "re-creation" bits). So thnx brumar for the
ending.The tip-off was when they studied a tape of the high
roller area at
one place, saw him play 3 $10 coins, the machine
malfunctioned, and
he WALKED AWAY, rather than do what 99% of patrons
do and complain
to an attendant to get your $30 back. So they got a
visual of his
face. A detective working for gaming took it upon
himself to hunt
this guy down like a dog, he happened to see him in
person while
walking thru the area at one point... (this is the
part I missed...)I liked how the counterfeiter had to match the
special marks near or
on the coin edge, plus try to match the alloy which
he couldn't do
exactly, as the alloys matched British coinage of
some sort, so they
were protected in the industry.the quick, free reply.
~MARK
--- carlos wrote:
>
> Interesting. Did it say how they traced the
increase in their
> inventory back to him?
>
> carlos> > He was a professional jeweler and spent over
$100,000 on
> > equipment. His $10, $25, and $100 tokens were
so good most
> > remain in circulation to this day. The casinos
became aware of
> > the problem when they coin inventories began to
increas. He
made
> > tokens for virtually every casino in LV, Reno,
and Atlantic City
> > (plus Foxwoods).
> >
> > But he was eventually caught, and spent 24
months in a federal
> > prison. Later he bacame a paid consultant for
the US Mint.
test'; ">