Can Counterfeit coins be demonetized? [Risolto]

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Questo messaggio ha lo scopo di: richiedere la modifica di una moneta presente nel catalogo

Stato Fatto
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I had a recent CR on the following page.

N#371062

 

Various changes but what I questioned to the submitter was “Can a counterfeit be demonetized?”

The response I got “It was meant to circulate in lieu of regular currency. It certainly is not in use now, therefore demonetized.”

 

After thinking about it it does not make sense to me, another part of the CR was to add a ruling authority of “George III (1760-1783)

If it is counterfeited, then George III is not the ruling authority and if it was counterfeited by a country that isn't a country for use in the territory then it isn't monetized and can not be demonetized regardless of its uses. Right?

 

Ruling Authority and Demonetized should both be removed? 

Referee for Exonumia from United States

Why do we even allow a counterfeit in the catalogue? Doesn't really make sense to me.

They say "Pecunia non olet", but I know better...

👍smvdbrink

Why do we even allow a counterfeit in the catalogue? Doesn't really make sense to me.

👍

Globetrotter
Coin varieties in French:
https://monnaiesetvarietes.numista.com

Contemporary counterfeits have always been allowed and have their own coin type. There are currently 277 Contemporary counterfeits in the catalog.

 

Modern forgeries are not in the scope of Numista and Numista does not reference modern counterfeits.

In my humble opinion, any counterfeit is demonetized at the moment of demonetization of the coin it imitated.

Catalogue administrator

It was never monetized in the first place though.

Idolenz

It was never monetized in the first place though.

That was my point as well.

Referee for Exonumia from United States

Idolenz

It was never monetized in the first place though.

Of course not, it's in the word “counterfeit” 😄

Globetrotter
Coin varieties in French:
https://monnaiesetvarietes.numista.com

We need to consider how the database behind the catalogue works. At present, it appears to assume that all pieces begin as money, either circulating or non-circulating. Clearly, this isn't always the case, as illustrated here. By using the "type" field to classify counterfeits, that clear distinction is lost. A more logical way would be to have a field indicating if a piece was money to begin with, a second to indicate if it was placed into circulation, a third for if it has been withdrawn from circulation and a fourth for if it has ceased to be money. Additional fields, such as copy (contemporary counterfeit or modern imitation) and dates, can be added to refine the description. The website can then interpret the various settings into a title.

Former Numista referee for banknotes from Ireland, Northern Ireland, Scotland, Wales and Saint Helena.

IMHO a counterfeit cannot be considered demonetized as it was never money.

However due to the current limitation, listing it as not demonetized would confuse, and unknown is inaccurate.  Best to list such items as demonetized for now…

 

But the limitation does needs to be addressed.

I wouldn't want to overly complicate things, a simple ‘Never monetized’ would work for me.

Which would work for counterfeits as well as trials and patterns that were also never money.

-Dan

How about “Not applicable” as status for Demonetized?

They say "Pecunia non olet", but I know better...

It is planned to “hide” some fields based on type of the item in the near future. Procedurally, there is no solution now and I will close it.

Catalogue administrator
Stato cambiato a Fatto (Jarcek, 28 Nov 2024, 19:23)

Jarcek

It is planned to “hide” some fields based on type of the item in the near future. Procedurally, there is no solution now and I will close it.

An alternative (that might work better within the database underpinning the website) is to add a field “Money”. That will then trigger all the fields pertaining to circulation, etc. if yes and an alternative set (contemporary forgery, modern fake, etc.) if no.

Former Numista referee for banknotes from Ireland, Northern Ireland, Scotland, Wales and Saint Helena.

A counterfeit coin, even a contemporary circulating counterfeit (CCC), cannot be demonetized because demonetization only applies to currency that was once legally issued and recognized as tender. When a government demonetizes a coin or note, it is formally withdrawing its legal status as money. Counterfeits, by definition, were never authorized by the issuing authority, so they never held legal tender status to begin with.

Instead, CCCs are treated as contraband in circulation: they can be confiscated, condemned, or destroyed when discovered. Their significance lies not in monetary law but in numismatic study. Collectors value them as artifacts that reveal economic pressures, minting technology, and social history. In this sense, CCCs gain collectible and educational value through rarity, provenance, and metallurgical interest, but they remain outside the legal framework of demonetization.

John P Lorenzo

18 months down the line…can we hide the demonetisation field for counterfeit coins it is not an appropriate coin for a coin that was not legally monetised!

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