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Replies: 21 / Views: 4,674 |
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Moderator
 United States
16679 Posts |
As long as you know you are purchasing a copy or non-authentic coin and the seller knows that as well, then more power to you. The problem comes in when you either have an unscrupulous seller or an ignorant buyer who does not know the difference. For this reason, I am grateful ebay has this policy in place. If not clearly marked "copy", I think they should never be allowed.
swcoin.ecrater.com
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Bedrock of the Community
United States
19964 Posts |
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
19964 Posts |
The correct term is "fake", i.e. something made to deceive a collector or dealer. Counterfeits are made to be used in everyday commerce. ebay changed their rules some months ago to not allow the sale of fakes anymore. That doesn't mean they have been eliminated from ebay but there are a lot less lately from what I've seen. There were many Chinese sellers openly selling fakes. All you had to do is message them that you didn't want COPY on your coin and they'd send you a clean fake. I shudder to think of it, but I suspect there are millions of these in the world. The best fakes are pretty much "one offs". Liked an added mintmark. A dealer I have known for years had an awesome S-VDB fake always in his display case. It said "NOT FOR SALE" on the 2x2. Jokingly, I asked "how much?" every time I looked in the case.....this went on for years. He even started greeting me with "hi howmuch". LOLOLOL  One year, finally, he said he was sick of hearing me ask how much and that he had his fun with it, so he asked if I wanted to buy it. I made a very generous offer (I really did want it and it's a woody) and he took it. Here it is, in my collection now, labeled 'NOT FOR SALE' still. It's a good fake but the MM position is wrong & it's not exactly correct, the periods between the D and B are weak and the other die markers are not present:   
Edited by BadThad 07/27/2013 12:16 am
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Valued Member
 Puerto Rico
92 Posts |
I think that if both the seller AND the buyer KNOW that the coin is not real then there is no harm. I don't think spending an altered AUTHENTIC coin such as the one showed here by BadThad is illegal, but I would see a problem if a coin was FABRICATED and then spent as a real coin.
BadThad: Btw, that is an awesome coin! Mind me asking how much you paid? Thanks!
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Pillar of the Community
United States
2734 Posts |
That mint mark is "so right, it's wrong"!
("right" as in directional orientation)
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Pillar of the Community
United States
1053 Posts |
Quote:As long as you know you are purchasing a copy or non-authentic coin and the seller knows that as well, then more power to you. The problem comes in when you either have an unscrupulous seller or an ignorant buyer who does not know the difference. For this reason, I am grateful ebay has this policy in place. If not clearly marked "copy", I think they should never be allowed.  BadThad: I have to ask: how much? 
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Valued Member
United States
293 Posts |
A genuine 1909-S-VDB Lincoln Cent was produced off of one of four dies. The last die which is #4 is the same one used to produce the semi-key 1909-S Lincoln Cent. If you buy a non-certified 1909-S-VDB you have to check your literature to make sure it matches one of those four die characteristics.
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Pillar of the Community
United States
3345 Posts |
BadThad- that coin would've fooled me anyday.
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Bedrock of the Community
United States
20753 Posts |
Quote:Hi, I was wondering why fake/counterfeit 1909-S VDB's or other similar coins (such as 1922 plain, 1955 DDO, ect.) don't appear on ebay. And what makes you think they aren't there? If good enough fakes are there, very possibly wouldn't be noticed. AND they would sell, get put in an Album or a 2x2, put aside and possibly never noticed. Most people would be amazed at how many fakes are in their collections and don't know. Fakes are all over the plaace at coin shows, coin web sites, coin stores, etc. I've known dealers that were purchased fakes and didn't know they were. One dealer bought a 16D Merc, sent it to a TPGS, it came back as fake. He didn't think so, so sent to a different TPGS and it came back graded and slabbed. That too made me wonder just how many real coins get dismissed as fakes. So that alone makes me wonder how many fakes have actually gone through even TPGS's and no one knew. It is possibly only the poor quality fakes that get noticed and really good ones just get put into collections. Something to think about when you look at your better coins in your collection.
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Pillar of the Community
United States
1796 Posts |
Aye ebay doesn't do counterfeits anymore, and where it has helped curtain counterfeiting operations, it has really hampered counterfeit collectors like myself. Even though it's completely legal (at least in the USA, Canada, and UK) to buy and sell fakes *as* fakes (it's the intent to defraud that makes it illegal) it's a bad tradeoff for curtailing them. The fewer counterfeits in circulation the better, and it makes my particular facet of the hobby more fun with the thrill of the chase. :-) Anyways, a cruddy 1909-S VDB is going to run you about $5 (and by cruddy I mean laughable), where a *good* one will go anywhere from $15-$50 depending on how well made it is and by what method, and who you're buying from (some people try and push for higher prices to recoup their own loss). I cannot direct you to anyone I know who is selling one (I simply don't know) and the ones in my collection are not for sale (they are staying *out* of circulation, permanently). :-)
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Bedrock of the Community
United States
17884 Posts |
Quote: I think that if both the seller AND the buyer KNOW that the coin is not real then there is no harm. The problem was that people were knowingly buying fakes from the chinese sellers (both buyer and seller know it's fake so it is fine right?) and then the buyers were then turning around and re-selling the fakes as real and ripping off the unknowledgeable for big buck (not fine). So at one time ebay did allow the fakes to be openly sold, but they had to be clearly marked. So the chinese fakes were clearly marked as REPLICA in their ebay ad, and then unmarked fakes were shipped. ( even if they had been marked REPLICA they would still be illegal to import under the Hobby Protection Act. The law requires them to say COPY not REPLICA.) So eventually ebay just threw in the towell and forbid all fakes marked or unmarked.
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Valued Member
United States
317 Posts |
Thanks for all that took the time to chime in on this one. I'm getting an education here.
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Pillar of the Community
United States
593 Posts |
Edited by larsdog 07/29/2013 1:00 pm
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Valued Member
United States
258 Posts |
larsdog. It's not selling like a fake.
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Pillar of the Community
United States
593 Posts |
I know, but look at that mint mark and tell me what you think.
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