Collection of Greek Coins of Thrace

Modern Forgeries of the Coinage of the Kings of Thrace



In Bulgaria a forgery industrie has developed since the 1960s or earlier. Large quantities of antique coins have been produced and introduced into the market. These forgeries include specimens from the Greek and Roman times. They are either struck silver or gold copies using new dies or silver and bronze cast coins. The majority of these imitations in circulation consists of the latter because the casting is a relatively simple process:

  • A master form is produced by pressing a coin into plastic material which is then allowed to solidify.
  • A wax model is made by casting molten wax in the master form.
  • The wax model is embeded in heat proof ceramic material which is then allowed to dry out.
  • The wax is molten out and the final casting form is ready.
  • Molten bronze is cast into the final model.
  • The ceramic model is broken away and casting channels removed.
  • The coin is patinated.

The principle permits casting simltaneously several coins and was even used in antiquity to manufacture blanks. Today it is also used for casting high temperature turbine blading in extremely complicated forms and with very high precision.

Identification of cast forgeries is very difficult because the counterfeit is a copy of a genuine antique coin and shape, as well as, ikonography are no help. The following two methods are helpful:

  • Compare Coins: Specimens with identical shape and ikonography are forgeries. The method requires a large database of images to be able to make this comparison. The virtual collection of coins of the Thracian kings in these web pages is such a data base and has helped identify forgeries.
  • Analyse Material: Modern electronic analysis techniques permit fast analysis of large quantities of specimens. The equipment, however, is quite expensive and not easily accesible. This method has also been used in some cases.
The following coins have been identified by one of these methods as modern forgeries.


vc2703 Seuthes I Rex Thraciae AR
2. vc2703
Material Analysis
Rex Thraciae   Seuthes II
405-386 BC   Type 1

c1389 Metocus Rex Thraciae AR vc2527 Metocus Rex Thraciae AR vc2528 Metocus Rex Thraciae AR
1. SHH c1389 12. vc2527 13. vc2528
Identical Coins
Rex Thraciae   Metocus 405-390 BC   Type 3

c2699 Hebryzelmis Thracia AE vc2476 Hebryzelmis Rex Thraciae AE Copy
9. c2699 12. vc2476
Identical Coins
Rex Thraciae   Hebryzelmis 390-383 BC   Type 1

vc2697 Hebryzelmis Thracia AE
15. vc2697
Material Analysis
Rex Thraciae   Hebryzelmis 390-383 BC   Type 1

vc2705 Teres III Rex Thraciae AE
50. vc2705
Material Analysis
Rex Thraciae Teres III 351-341 BC   Type 1

c3933 Teres III Rex Thraciae AE vc2698 Teres III Rex Thraciae AE
1. SHH c3933 2. vc2698
Material Analysis
Rex Thraciae Teres III 351-341 BC   Type 11

c1814 Kanites Thrace AE c2460 Canites Rex Scythicus Thraciae AE
2. SHH c1814 13. SHH c2460
vc2509 Canites Rex Scythicus Thraciae AE vc2641 Canites Rex Scythicus Thraciae AE modern copy
15. vc2509 19. vc2641
vc2699 Canites Rex Scythicus Thraciae AE vc2711 Canites Rex Scythicus Thraciae AE
21. vc2699 24. vc2711
Identical Coins and Material Analysis
Rex Scythicus Thraciae   Canites 180-100 BC   Type 16

Experimental Precision Cast Copies of SHH 2460

c4702 Canites Rex Scythicus Thraciae AE
22. SHH c4702   as cast
c4059 Canites Rex Scythicus Thraciae AE c4060 Canites Rex Scythicus Thraciae AE
16. SHH c4059   patinated
17. SHH c4060   patinated
c4060 Canites Rex Scythicus Thraciae AE c4703 Canites Rex Scythicus Thraciae AE
18. SHH c4061   patinated 23. SHH c4703   patinated
Experimental Precision Cast Copies of SHH 2460
Rex Scythicus Thraciae   Canites 180-100 BC   Type 16

vc2641 Canites Rex Scythicus Thraciae AE modern copy
20. vc2694
Material Analysis
Rex Scythicus Thraciae
Canites 180-100 BC   Type 16


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