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 Replies: 69 / Views: 7,724 |
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Pillar of the Community
Canada
607 Posts |
maybe the person who was selling it saw this thread..  |
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Moderator
  Canada
10463 Posts |
I think Louis was selling the coin on behalf of a client - trust me, if it was to sell, they would not follow through with ebay's system and lose a good chunk of cash... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
607 Posts |
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Pillar of the Community
Canada
1581 Posts |
The main issue I have is that the excitement shown begets more manufactured rarities. People are telegraphing to mint employees to be creative and sneak out stuff because there is a big market for these "errors".
The nature of these doesn't allow for many to be produced. The rarity is due to the illegality, not because one snuck out accidentally and most were destroyed (which is the only way a genuine mule could be rare).
The mint should consider publishing an official errors report. With this the actual mistakes that might show up would be known, and the rest would then be seen what they are: A fraud.
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Pillar of the Community
Canada
632 Posts |
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Pillar of the Community
 Canada
9871 Posts |
The buyer of this coin more than likely knows it's not a legitimate error.A large portion of coin collectors are collectors of rarity,not coins.They don't care what the origin of the coin is,and are willing to pay a hefty price for a unique item.The TPG and the seller are both aware of the back-door origin of the coin,but there is a demand and money to be made. "Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
2428 Posts |
I couldn't agree more DBM!
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Bedrock of the Community
Australia
21788 Posts |
@ DBM: Reminds me of the '13 Liberty Head nickel!
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Pillar of the Community
Canada
1581 Posts |
Quote:
The buyer of this coin more than likely knows it's not a legitimate error.
The buyer of a Chinese fake off a Chinese site knows it is not a legitimate coin. So, no problem. Glad we cleared that up. How is one a egregious crime, and the other a legitimate collectible? ARGH! |
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Pillar of the Community
Canada
632 Posts |
Simple (?): even in a collectible format, we are talking about money, and money is power.
If you keep your interests at the hobby level, you spend less and enjoy more. Between a nice coin and a bottle of 2006 Tenutta dell'Ornellaia, I go for the bottle, no regrets and MUCH more pleasure.
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Moderator
Canada
10463 Posts |
I concur completely. A month ago, I made the decision between an expensive coin or a motorcycle.... and simply no coin has ever come close to reproducing the silly grin on my face that has come from riding the last month...
Collect what you like - and accept the conclusion that we cannot have everything...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
1354 Posts |
Dialog
My opinion is completely different.
The Chinese fakes are fake through and through.... This coin is real in every which way, planchet material, machines used, where it's minted.. it's a legitimate coin. A purposeful production alteration that probably has funded very well those who keep selling it. There is a difference between a legitimate coin vs. legitimate error..
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Pillar of the Community
Canada
2632 Posts |
I tend to agree with Coin chick. It was knowingly sneaked out the back door as a fake error and listed as a real error. Simply a glorified Magicians coin. Basically stolen from the mint and I still think it should be destroyed. |
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Pillar of the Community
Canada
632 Posts |
Not destroyed - it should be given to the currency museum, so collectors would be able to examine it and learn.
But it will never happen
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Pillar of the Community
Canada
2632 Posts |
Good idea T_Y. At least the people who have read this thread know about it.
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Replies: 69 / Views: 7,724 |
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Posted 09/20/2013 1:05 pm
