Skog, 68, advertised in Numismatic News sending lists of available coins to interested collectors. Reports say that Skog, who used the alias Ron Peterson, sold $57,000 worth of counterfeit coins. On his arrest, his list contained 275 counterfeit coins which would have sold for over $200,000.
A source said that Numismatic News cooperated with investigators when a reader alerted them about the problem.
I am reporting this in very stark terms so that if anyone is searching the Internet for information about coin collecting, I want you to know that this situation is not typical of the hobby.
Like any industry, there are a lot of outstanding people and a few that ruin the reputation for others. Skog is not typical of the vast majority of the dealers I have met. Although there are dealers I disagree with on many different issues when it comes to numismatics, the state of the hobby, or their approach, I do not think they are bad people.
Not all mail order dealers are bad people either. For some, it is a hobby. They use the proceeds from buying and selling through ads placed in the numismatic media to enhance their collections. The same is true of some of the people who sell on eBay. Sure, there may be issues with some eBay sellers that give the rest a bad name, but there are more honorable people than those trying to scam you.
Finally, Numismatic News is an outstanding publication and an excellent source for stories about the hobby. While its future is uncertain, while it is still publishing, I have no problems recommending it as a reliable source. A scammer like this could have done this using any other publication. There is nothing about Numismatic News to place them at fault.
Unfortunately, stuff happens. When it does, it was nice to hear that the community banded together to stop someone from hurting other members.
And now the news…
HISTORIANS are baffled after a mysterious African coin that could date as far back as the 8th century was found in Australia. The copper coin could mean Captain Cook – famous as the first Eur… → Read more at thesun.co.uk
Scientists are perplexed at the origins and provenance of two very ancient and unusual Roman coins that turned up like a bad penny in the 20th century. A Quincussis – the correct scientific name of this strange find — has thus far only been mentioned in texts dedicated to the coinage of ancient times and at most only a drawing was reported, but no one has ever seen one, until one was presented to Dr Roberto Volterri of the Rome University for analyses and then its twin surfaced. → Read more at ancient-origins.net
A Burnsville coin dealer who admitted selling counterfeit coins was sentenced Tuesday to 30 months in prison. Barry Ron Skog, 68, pleaded guilty to the counterfeit coin scheme Feb. 21. → Read more at twincities.com
Greek customs officers caught a Turkish citizen attempting to smuggle 1,055 ancient coins across the border from Turkey on Tuesday, the Greek Reporter news site reported. The coins were hidden in seven water bottles concealed at the bottom of a bag containing food, it said. → Read more at ahvalnews.com
A federal judge in St. Paul sentenced a former Burnsville coin dealer Tuesday to 2½ years in prison for fraud in the sale of bogus collectible coins. Barry Ron Skog, 68, owned the Burnsville Coin Co., which advertised the sale of collectible “numismatic” coins. → Read more at startribune.com