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The old way was to use a jeweler's saw and cut two genuine quarters in half sideways, like cutting a bagel. Then swap the two face sides and solder them together. The seam on the edge of one of these coins is very easy to see.

Today double-sided coins are made automatically by modern machining techniques that are accurate to fractions of a mm. One coin is hollowed out on the back side and the other is planed down to make it thinner. The thinner coin is also ground down a bit on the edge so it's a hair smaller in diameter. Then the thinner coin is popped into the hollow of the other coin and the two snap together like the lid on a plastic sandwich box. Because the seam is at the rim of one face rather than on the edge, it's very hard to detect. A lot of people will find a machined coin and assume it's real because there's no obvious seam, but if you use a high-powered magnifier it will be visible.

These novelty items are often called "magician's coins" because they're used in magic tricks. They're also sometimes called "sucker coins", too, because in the old days some people would place a heads-or-tails bet and offer to flip the coin for the bettor. The crook would bet heads, and the other person would be forced to choose tails. Guess who "won"?

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Q: How do you make a double headed quarter?
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