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A rumor that spurious $.25 pieces are flooding New England that seems to have hand its origin in the Harvard Club of Boston, was given justification today, when officials of the Federal Reserve Bank of Boston admitted to a CRIMSON reporter that such quarters are now being circulated in this district.
Contrary to rumor, however, the quarters of the victory and eagle variety, can not be identified by the absence of any date. All genuine 25-cent pieces printed since 1915 were poorly engraved so that the dates tend to rub off easily. This defect is to be remedied, it was learned, by the issuance of a new model of the coin in the near future by the United States treasury.
The present spurious coins are of such perfect impressions that identification by the design is impossible for the layman. Due to lead content, however, their color tends to be darker than that of the true tokens and they can be cut more easily with a pen-knife. Anyone attempting to pass a counterfeit coin is liable to immediate arrest.
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