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cmdrstp
Valued Member

United States
88 Posts |
Posted 11/02/2009 6:02 pm
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Ok. I have bought a few coins (Presidential Dollars) from eBay. Don't cringe! I was foolish in my youth! Not to say there are not any honest eBay sellers, I just have learned to distrust from stories of counterfeits. So, to double check, I have acquired a neodymium magnet (except war era steel pennies, no U.S. coin should be attracted in the least), digital scale that measure to 0.01 grams (still shopping for), and, calipers. I also compare to pictures of legitimate coins.
What are your techniques for identifying a counterfeit?
I particularly like looking for silver coins and ASE.
Thank you.
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wheatguy
Valued Member

United States
226 Posts |
Posted 11/02/2009 6:08 pm
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Well, I use a digital scale and I carefully study any possible purchases, but I don't think common date U.S coins are heavily counterfeited. Not saying you shouldn't be careful though, I'm very paranoid about my coins.
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Edited by wheatguy - 11/02/2009 6:08 pm |
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cmdrstp
Valued Member

United States
88 Posts |
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Kabiye_Lady
Valued Member

USA
496 Posts |
Posted 11/04/2009 03:25 am
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Well, it sounds like you don't want to buy from e-bay. So where will you be buying from?
If your coin dealer sells it to you or you buy it at a coin show, it probably meets the caliper and weight test - after all, coin dealers aren't fools.
So how DO you check?
There are Walking Liberty Half dollars out there (and coins from many other series) that have fooled coin collectors for decades. It doesn't have to be uncirculated or worth a lot of money. Counterfeiting has been going on as long as money has been minted and the better counterfeits will pass your "scientific" analysis.
Perhaps one of the most counterfeited coins is the Sacagawea dollar - the coin everyone loves to hate. Go figure.
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nod2003
Pillar Of The Community

United States
1296 Posts |
Posted 11/04/2009 10:09 am
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I am quite surprised to read that the Sac dollar is heavily counterfeited. Where did that information come from?
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just carl
Pillar Of The Community
USA
3843 Posts |
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chris12018
Pillar Of The Community

United States
717 Posts |
Posted 11/05/2009 6:15 pm
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If I have any doubt, whether it be weight, size, or even appearance. I won't consider buying it. If I purchased from e-bay and had doubts after rec. it, I would take it to a dealer and get another opinion. I purchased a gold Indian Head 1/4 Eagle from e-bay. When I recd. it, I saw the weight was off about 2/10ths of a gram.(wear?) I went to my dealer and he confirmed that is was not authentic. I contacted the seller. The seller refunded purchase price, shipping both ways. I don't worry to much about buying through e-bay. But, To each his own.
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laserpete
New Member

Canada
28 Posts |
Posted 11/10/2009 3:38 pm
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Not to talk about counterfeit per say but I don't understand sellers who don't show both sides of a coin. Does it cost more as a seller to post two picutres ?
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nolawyer
Valued Member

United States
67 Posts |
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biokemist6
Pillar Of The Community

USA
4797 Posts |
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