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Wednesday, February 22, 2012

Beware of Indian Fake Coins

Posted by Anantha Narayanan at 12:48 AM Labels: Articles , Fake Coins
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If you are a coin collector, a newbie like me you might certainly be fooled by people who sell Fake Coins. Fake coins are those coins made by persons with wrong intention of fooling people interested in buying coins. Mainly they are targeted for Foreign customers, but now-a-days that separation has ceased to exist.

I came to know about fake coins through the first coin I bought. Unfortunately it was a fake which I realized some time later. It was an EAST INDIA COMPANY coin HALF ANNA with one side having picture of Radha-Krishna. The year was marked as 1616. Click here for more information on the coin. There are coins marked with years 1818, 1616, 1717 with images of Lord Hanuman, Lord Shiva, Lord Balaji, Lord Panchmukhi Hanuman, Goddess Durga, Goddess Lakshmi etc which are also circulating among websites and dealers. Beware of such fake coins.

I bought this particular coin from Mysore when I went for sight-seeing. In Bangalore also there has been reports of fake coins being sold in the Brigade Road premises. But its not a verified information.

I was searching for some coins in eBay and came across this coin of Indira Gandhi wearing a Rudraksha Chain.  By seeing the coin itself it is crystal clear that its 100% fake.


Public must also be vigilant against such fake coins. The first page in ebay.in for Indian Coins listed two of such fake coins. For more such coins visit this website.

If you are buying coins, always search Google before buying it. That it is the first and foremost advice that I can give now. Do not hurriedly buy any coin. You may never know where or how you may be cheated.
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