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Results for “counterfeit studies”
Brazil Imperial Treasury ten mil réis contemporary counterfeit, Pick A231x, PMG 64 EPQ Choice Uncirculated, period forgery from the Dom Pedro II era

Brazil ca. 1852–1870 - Imperial Treasury of Brazil 10 Mil Réis Contemporary Counterfeit (Pick A231x)

Contemporary counterfeits occupy a distinct and historically important category within paper money studies. Unlike modern reproductions, they were produced to deceive during circulation and therefore interacted directly with the economy, merchants, and the public. In the Brazilian Empire under Dom Pedro II, paper currency circulated widely across a vast territory with uneven enforcement and limited centralized oversight, conditions that created both opportunity and incentive for skilled counterfeit production. Read more →

BrazilContemporary Counterfeit185210 Mil RéisPMG 64 EPQ Choice Uncirculated Contemporary CounterfeitImperial Treasury of BrazilEmpire of Brazil10 Mil RéisPeriod ForgeryExceptional Paper QualityEPQTop PopNineteenth Century CurrencyBrazilian EmpireDom Pedro II EraMonetary Security HistoryCounterfeit StudiesBrazil18521870Pick A231xPMGPMG 64 EPQR7 RareCondition R8 Extremely RareMuseum Grade
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Spain 1875 Banco de España 50 pesetas contemporary counterfeit, Pick 7x, with large circular hole punches and FALSO stamp, one of only two graded examples, graded PMG 25 Very Fine

Spain 1875 - Banco de España 50 Pesetas Contemporary Counterfeit (Pick 7x)

Contemporary counterfeits occupy a distinct and historically important category within paper money studies. Unlike modern reproductions, they were manufactured to deceive merchants and the public at the time of issue and therefore interacted directly with the circulating money supply. In late nineteenth-century Spain, the expanding use of high-denomination paper currency created both opportunity and incentive for skilled counterfeit production, particularly for denominations such as fifty pesetas that carried significant purchasing power. Read more →

SpainContemporary Counterfeit187550 PesetasPMG 25 Very Fine Contemporary CounterfeitBanco de España50 PesetasPeriod ForgeryCirculating CounterfeitFALSO StampHole Punch CancelledNineteenth Century CurrencySpanish Monetary HistoryPaper Money SecurityCounterfeit StudiesSpain1875Pick 7xPMG 25R8 Extremely RareMuseum Grade
Held
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Spain 1876 Banco de España one hundred pesetas contemporary counterfeit, Pick 11x, with large circular hole punches and FALSO stamp, Top Pop graded PMG 40 Extremely Fine

Spain 1876 - Banco de España 100 Pesetas Contemporary Counterfeit (Pick 11x)

Contemporary counterfeits form a distinct and historically significant category within paper money studies. Unlike modern imitations, these notes were manufactured to deceive merchants and the public at the time of issue and therefore interacted directly with the circulating money supply. In post-restoration Spain, the continued reliance on high-denomination paper currency created both opportunity and incentive for sophisticated counterfeit production. Read more →

SpainContemporary Counterfeit1876100 PesetasPMG 40 Extremely Fine Contemporary CounterfeitBanco de España100 PesetasPeriod ForgeryCirculating CounterfeitFALSO StampHole Punch CancelledNineteenth Century CurrencySpanish Monetary HistoryPaper Money SecurityCounterfeit StudiesSpain1876Pick 11xPMGPMG 40Top PopR8 Extremely RareMuseum Grade
Held
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Poland 1940 10 Złotych contemporary counterfeit Pick 94x PMG 55 AU with purple WERTLOS stamp and Zigzag Lines watermark

Poland 1940 - 10 Zlotych Contemporary Counterfeit with WERTLOS Stamp (Pick 94x)

Striking example of a 1940 Poland 10 Złotych contemporary counterfeit, catalogued as Pick 94x and certified PMG 55 About Uncirculated. Produced clandestinely during the German occupation, this note replicates the official Bank Emisyjny design but lacks serial numbers and issue letters - clear hallmarks of underground production.

Contemporary Counterfeit Counterfeit Wartime Counterfeit
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