Reverse Counterfeiting: The Case of the Gold Penny
Most counterfeiting takes something that is nearly worthless and turns it into something perceived to have value. Mr. Daws did just the opposite. He took value — approximately $100 worth of gold — and turned it into something perceived as nearly worthless, one cent. “It’s there, but if people don’t realize it, it’s the same as not being there,” he said. Of the 11 copper-plated gold pennies he made as part of his series, only this one was sent into the wider world...
Late this summer, when Ms. Reed was paying for groceries at the C-Town supermarket in Greenpoint, she noticed the penny because the gold color had started to peek through.
Link: NY Times
I'm going to start checking any pennies I get more closely!
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