Counterfeit Coins Importer Sentenced to 10½ Years in Prison
Anti-Counterfeiting Educational Foundation alerted and assisted investigators in the case
(Camden, NJ) January 29, 2020 – A federal court judge in Camden, New Jersey has sentenced admitted counterfeit coins importer, Johnathan A. Kirschner, 35, of Moorestown, New Jersey, to 10½ years in prison. After being alerted by members of the Anti-Counterfeiting Educational Foundation (www.ACEFonline.org) about the sale of counterfeit coins to unsuspecting buyers, investigators discovered and confiscated at Kirschner’s home fake gold and silver coins and bogus ingots that would have been worth more than $46 million if they were genuine, according to ACEF.
Foundation experts also provided ongoing expert assistance to the U.S. Attorney’s office and the U.S. Department of Homeland Security during the investigation.
In addition to admitting he imported, possessed and sold counterfeit coins, Kirschner admitted he falsely impersonated an agent of the U.S. Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF).
His sentencing was delayed nearly a year as U.S. District Court Judge Robert B. Kugler received and considered comments from victims, including a dozen sovereign Mints, private mints, and grading services, according to Doug Davis, ACEF Director of Anti-Counterfeiting.
“The lengthy sentence is a major victory. I felt the judge was very thorough in reviewing the evidence and realized the possible high level of fraud that could occur,” stated Richard Weaver, a member of the ACEF Board of Directors and President of the Professional Numismatists Guild (www.PNGdealers.org) who testified as an expert witness during the sentencing hearing on January 28, 2020.
Weaver, President of Delaware Valley Rare Coins in Broomall, Pennsylvania, played a crucial role in the apprehension of Kirschner, also known under the alias of Jonathan Kratcher.
Two of Kirschner’s victims visited Weaver in early 2017 seeking an evaluation of 49 Morgan dollars they purchased from Kirschner. Weaver examined the coins and informed the couple that all of them were counterfeits.
They two victims told Weaver they trusted Kirschner because he claimed he was an ATF agent selling coins as a side business. He displayed an ATF badge on his Facebook site and wore it when he met with them.
They also told Weaver that they had a tentative appointment with Kirschner to purchase more items in a couple of days. Weaver promptly contacted ACEF’s Anti-Counterfeiting Task Force which in turn alerted federal law enforcement agents who immediately identified the ATF badge shown on Kirschner’s Facebook site as counterfeit.
Working with the couple, ATF and Homeland Security Investigations set up a sting operation with an undercover agent posing as the sister of the couple. Kirchner was arrested in the act of selling counterfeit coins to the undercover agent.
After the arrest, law enforcement officials executed a search warrant of Kirchner’s house and Customs and Border Protection intercepted additional packages shipped to him from China.
Weaver served as law enforcement’s numismatic expert in the Kirchner case, devoting many hours to identifying all the counterfeit coins, bars, and grading service holder components. In addition, he provided a current market value for each item if it had been genuine so that law enforcement can determine the potential harm to victims and to the marketplace.
“The important work of the foundation and the task force are supported entirely by donations,” explained the foundation’s Executive Director Robert Brueggeman whose background is in law enforcement and security. “The ACEF is a 501(c)(3) corporation and all donations to ACEF are tax-deductible.”
For additional information or to make a donation, contact the Anti-Counterfeiting Educational Foundation by phone at 817-723-7231, by email info@ACEFonline.org or visit the web site at www.ACEFonline.org.
The Professional Numismatists Guild (PNG) is a nonprofit organization composed of many of the country’s top rare, paper money and precious metals bullion experts. PNG members must adhere to a strict code of ethics in the buying and selling numismatic merchandise.
Strike Gold in Atlanta: Y’All Are Invited!
The great state of Georgia is no stranger to organized numismatics. You might remember a few years ago when the Whitman Coin and Collectibles Expo—usually hosted in Baltimore three times a year—was held in Atlanta. The American Numismatic Association, too, has held shows in The Big Peach in recent years. And local and state groups like the Metropolitan Coin Club of Atlanta, the Rockdale Coin Club, and the Georgia Numismatic Association sponsor regular meetings, shows, and events.
Now we have another chance to enjoy some Southern charm, and (for the Yankees) a break from the cold winter, when the ANA brings its National Money Show® to Atlanta, February 27–29, 2020.
I think back to 2007 when a unique gold coin—valued then at $2.5 million—was exhibited at the Whitman Expo in Atlanta. It was an 1854 Kellogg & Co. $20 gold piece once personally owned by Augustus Humbert, United States Assayer of Gold. Also on display were the “Top Ten” pieces of paper money (as ranked in 100 Greatest American Currency Notes, by Q. David Bowers and David Sundman). That remarkable exhibit included the world’s first million-dollar-valued note, the famous Grand Watermelon. Four new Whitman books debuted at the 2007 show: the third edition of Dave Bowers’s Guide Book of Morgan Silver Dollars (today available in its sixth edition and counting!); the second edition of Dr. Cornelius Vermeule’s classic Numismatic Art in America; the wonderful 100 Greatest American Medals and Tokens, by Bowers and Katherine Jaeger (who signed copies and gave a presentation at the show); and George Tremmel’s Guide Book of Counterfeit Confederate Currency, an engaging history of the events and people involved in the production and passing of counterfeit notes during the Civil War—and the dramatic countermeasures the Confederate Treasury Department took to protect its paper money. Tremmel also gave a program, “How Much Do You Know About Counterfeit CSA Paper Money?”
Will the upcoming February 2020 ANA National Money Show bring the same level of hobby fun?
Yes indeed. Everyone is looking forward to first-class numismatic auctions, displays of ultra-rarities and famous coins, and educational programs to attract collectors from around the country.
The Appeal of Atlanta
Atlanta, Georgia, is the ninth-largest metropolitan area in the nation, with a population of six million people, and a rich numismatic history. There are tokens, medals, obsolete paper money, and scrip that hail from the “Big Peach.” An hour north of Atlanta, the Dahlonega region saw the first major gold rush in the United States (in the 1820s and 1830s, years before California); it was a hotbed of private gold coinage, and later the site of a U.S. branch mint.
More recently, the Greater Atlanta metro region has been home to numismatic luminaries like die-variety expert Bill Fivaz, professional coin dealers Bob Harwell (well known for dealing in Dahlonega gold coins) and John Hamrick (who founded World-Wide Coin Investments), Southern gold specialist Al Adams, ICTA chief operating officer David Crenshaw, and “Coin Dealers Helping Coin Dealers” creator Rob Oberth. ANA governor Dr. Radford Stearns, an expert on Georgia colonial money, lived in nearby Lilburn. For more than 15 years Atlanta was the national headquarters city of Whitman Publishing, and much of the company’s publishing staff is still located there.
Atlanta is a gracious hostess. Hobbyists from the Southeast drive in comfortably from major cities including Birmingham, Nashville, Charlotte, Jacksonville, Lexington/Fayette, Greensboro, Louisville, Memphis, Orlando, Tallahassee, Columbia, and Raleigh/Durham. With the nation’s largest airport and a convenient public-transit system, it’s easy to get into and around town. The National Money Show venue, the Cobb Galleria Centre, has free parking and admission, comfortable meeting rooms, and good food.
Outside of the hobby, Atlanta is well known for its diverse restaurants, arts and culture, sports, high-end and eclectic shopping, great hotels, and of course that famous Southern hospitality. The show’s hotel, the Renaissance Atlanta Waverly, is right next to the convention center, and the Cumberland Mall is across the street, accessible by a pedestrian sky-bridge. Cumberland offers popular restaurants including Maggiano’s Little Italy, P.F. Chang’s China Bistro, Cheesecake Factory, Stoney River Legendary Steaks, Ted’s Montana Grill, Buffalo Wild Wings, Jason’s Deli, Bezoria, and more. The Cobb Energy Performing Arts Center is nearby.
Head a few miles south and you have Centennial Olympic Park, CNN Center, the World of Coca-Cola, the Children’s Museum of Atlanta, the new National Center for Civil and Human Rights, the Georgia Aquarium, Zoo Atlanta, Piedmont Park, the Atlanta Botanical Garden, the Martin Luther King, Jr., National Historic Site, and other world-class historical and educational sites and recreational venues.
Whitman Programs and Presentations at the ANA National Money Show
Whitman Publishing numismatic books, folders, albums, display cases, holders, and other hobby products will be for sale at the ANA show. Stanton Books and Stone Mountain Supply will be set up next to the ANA Museum Showcase.
Bill Bierly, author of the recently released In God We Trust: The American Civil War, Money, Banking, and Religion, will be on hand to autograph books and talk about his research. Other Whitman authors including Jeff Garrett, Bill Fivaz, and Dennis Tucker will sign books and talk with collectors.
Thursday morning, February 27, Bill Fivaz and Dennis Tucker will give presentations on cherrypicking rare die varieties and collecting modern U.S. Mint silver and gold medals. These programs are part of the ANA’s suite of one-hour “Money Talks,” free and open to the public, giving people a chance to learn from their fellow numismatists, collectors, and ANA staff and members.
Thursday afternoon at 4:00 the ANA will host its Philanthropy Award Presentation and Reception (social and networking at 4:00, presentation at 5:00), celebrating Charles and Joel Anderson of Anderson Companies, owner of Whitman Publishing.
Immediately following, at 6:00, Bill Fivaz will be interviewed for the ANA Legacy Series, an ongoing program that “acquaints collectors with legends, heroes, and icons of numismatics, celebrating their lives and contributions to the hobby.”
See You in Atlanta!
Come for the coins and paper money, enjoy the nice weather and everything Atlanta has to offer, pick up some exciting new Whitman books, learn from the exhibits and presentations, hunt down additions for your collection, and meet some of your favorite numismatic authors in person. It’s all at the 2020 ANA National Money Show in Atlanta. See you there!
Final Release in Preamble to the Declaration of Independence Platinum Proof Coin Series on Sale Jan. 30
WASHINGTON – The United States Mint (Mint) will release the third and final coin in its Preamble to the Declaration of Independence Platinum Proof Coin Series (product code 20EJ) on January 30 at noon EST. The theme of the coin is Pursuit of Happiness.
The obverse (heads) design of the 2020 coin depicts Lady Liberty harvesting the fruits of her labor with a young girl at play nearby. The overflowing cornucopia she carries is a symbol of the physical, intellectual, and spiritual bounty only liberty makes possible—the good things that nourish the body, enliven the mind, and satisfy the soul. The home, orchard, and silo represent American hopes, values, and aspirations and bring to a close the narrative told throughout the backgrounds of the series—from furrowed earth, to prairies and mountains, and finally to an agrarian field. The stubble field alludes to the ingenuity and exertion required to claim liberty’s promise.
Obverse inscriptions are “E PLURIBUS UNUM,” “IN GOD WE TRUST,” “Happiness,” “2020,” and “LIBERTY.” The inscription “Happiness” is a facsimile of the handwritten word from the Declaration of Independence and includes the long “s,” a letterform that was typical of its time but is no longer in common use.
Mint Artistic Infusion Program (AIP) designer Justin Kunz created all obverse designs in the series. Mint Sculptor-Engraver Michael Gaudioso sculpted the 2020 obverse design.
The common reverse (tails) design for coins in this series depicts an eagle in flight with an olive branch in its talons. Inscriptions are “UNITED STATES OF AMERICA,” “$100,” “1 OZ.,” and “.9995 PLATINUM.” AIP designer Patricia Lucas-Morris created the common reverse design, which former Mint Sculptor-Engraver Don Everhart sculpted.
Platinum coins in this series bear the West Point mint mark. Each coin is encapsulated and packaged in a black velvet, satin-lined presentation case that is enclosed in an outer box and sleeve. A Certificate of Authenticity is included.
The Mint priced this coin according to the range in which it appears on its Pricing of Numismatic Gold, Commemorative Gold, and Platinum Products table. Current pricing information is available online at catalog.usmint.gov/coins/platinum-coins/.
Mintage for the 2020 coin is capped at 13,000 units. Orders will be limited to one coin per household for the first 24 hours of sales, after which the Mint will lift the limit.
The Mint accepts orders at catalog.usmint.gov and at 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468). Information on shipping options is available at catalog.usmint.gov/customer-service/shipping.html.
The Declaration of Independence Platinum Proof Coins can also be purchased at the Mint’s sales centers in Washington, D.C.; Philadelphia; and Denver. Availability may be limited and subject to change. Previously released coins in this series are still available while supplies last.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, the United States Mint will not accept and will not honor orders placed prior to the official on-sale date of Jan. 30, 2020, at noon EST.
U.S. Mint to Participate in Carson City Mint 150th Anniversary Celebration
WHAT:
Representatives from the United States Mint, the Nevada State Museum, and the State of Nevada will participate in a celebration to mark the 150th anniversary of the production of the first coin at the Carson City Mint in 1870.
The event will include the ceremonial striking of a special sesquicentennial silver medallion on the historic Coin Press 1, which was used to produce coins bearing the “CC” mintmark. A buffet lunch reception and cake cutting will round out the program.
WHO:
- David Ryder, Director, United States Mint
- Steve Sisolak, Governor
- Kate Marshall, Lt. Governor
- Mark Amodei, U.S. Congressman
- Zach Conine, State Treasurer
- Robert Crowell, Mayor, Carson City
WHEN:
Tuesday, February 4, 2020, 10:00 a.m. to 2 p.m. (PST)
WHERE:
Nevada State Museum (Carson City)
600 N. Carson Street
Carson City, NV 89701
The BEP Monthly Production Reports for December 2019 and January 2020 Have Been Posted
The BEP Monthly Production Reports for December 2019 and January 2020 Have Been Posted.
Please click here to access the report.