California coin dealer discovers fake Krugerrand in fake holder

Jon Gold, Market Commentary, Precious Metals

Fullerton, Calif., dealer Dwight Manley recently discovered a fake South African gold Krugerrand coin in a fake NGC holder.
Numismatic Guaranty Corp. has confirmed that the holder and coin are both counterfeit.
Manley issued an advisory about the find on Nov. 10, calling the piece ‘frighteningly deceptive.’
The counterfeit quarter-ounce Krugerrand in a counterfeit NGC holder was purchased in Fullerton where Manley owns and operates Fullerton Coins & Stamps.
‘A frighteningly deceptive counterfeit has been encountered, and the world needs to be told about it,’ Manley said in the statement.

This post was published at Coin World