Fake

Tulip Five Euro in color!A while ago I was surprised by the Dutch Royal Mint (KNM). They had issued a set of colored tulip five euro coins in a very limited number. Only 750 sets and the set was sold out within hours.

What had recently happened… there exists a fake colored tulip euro set!

We are informed/warned about the imitation of the website of the Dutch mint! Here is the translated text:

Imitation Five Euro Tulip coin in color
26 april 2012

The Royal Dutch Mint received reports about an imitation release of the Silver Tulip Color set.

The reports are about an unofficial release of the Tulip Five euro, probably in circulation quality, in the colors Red, White, Blue and Orange. The set resembles the official set release d by the Royal Dutch Mint.

This release does not originate from the Royal Dutch Mint. The official Silver Tulip Color set is sold out at the Royal Dutch Mint.

The official Silver Tulip Color set can be recognized by the following features:
• The coins are packaged in the official luxury wooden cassette
• The use of the logo of the Royal Dutch Mint in the color gold on the packaging
• Certificate of Authenticity with coin specifications, background information about the coin and the contact details of the Royal Dutch Mint

The weird thing here, which really leaves me speechless, is that the imitation set can only be recognized by the packaging. It seems to be a perfect imitation. Also, it seems that the imitation is not a counterfeit coin because their used an official (non colored) coin and applied only a little coloring.

The price of a colored coin sold by the Royal Dutch Mint was 50 euros. The version without color was sold for 10 euros. If the coloring of a coin is relatively straightforward it seems to be profitable to color the coins yourself.

The question that remains is what is the status of these colored coins. Can anyone apply color to his or her coins? Is the imitation that is being sold somehow illegal and are steps being taken to stop the sale of this fake set? If the coins are real, and it is legal to add coloring then what is this warning for?

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