Presumed Fortune Found and Lost

Editor’s Note: For nearly 70 years, the feature-rich pages of Coins magazine, Numismatic News’ venerable sister publication, have tracked the history, fun and the growth of this great hobby, while also attracting new collectors to pursue what was once deemed the “hobby of kings.” Dusting off these time-aged issues, from the early 1960s and beyond, each installment of “Past Times with Coins,” written by its former longtime editor, explores what nuggets of interest they contain.

A lot of the early issues o Coins magazine stressed the importance of knowledge – whether it be as a collecto or an investor. Knowledge was also crucial when it came to the detection of an increasing number o more deceptive fakes making their way onto the numismatic marketplace.

The June, in the “News Briefs and comments” column warned: