Wednesday, November 04, 2009

Counterfeit 1970 Lincoln cent in gold

A Brooklyn woman received an 18 karet gold counterfeit cent in change at a C-Town grocery store according to New York Times blogger Jennifer 8. Lee.

The fake copper-plated gold penny was put into circulation in Los Angeles in 2007 as a publicity stunt by artist Jack Daws to publicize his limited edition of 10 counterfeit US cents in gold. A Seattle art gallery is selling the other Daws coins for $1000 each.

The melt value of the fake is $100.

The US Secret Service says “Anyone who manufactures a counterfeit U.S. coin in any denomination above five cents is subject to the same penalties as all other counterfeiters.” which seems to rule out a counterfeiting beef for Mr. Daws.

The blogger's middle initial, 8, is not a typo.

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