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Is This A Fake 1925 Penny?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 22 / Views: 6,427Next Topic Page 2 of 2
New Member
Australia
36 Posts
 Posted 11/17/2013  08:41 am  Show Profile   Bookmark this reply Add Lincoln2403 to your friends list
darn. It sold for $520.
Bedrock of the Community
United States
10045 Posts
 Posted 11/19/2013  01:36 am  Show Profile   Bookmark this reply Add DVCollector to your friends list
That thing is really awful and obviously modern--and someone spent AU $520.00?
Pillar of the Community
Australia
541 Posts
Pillar of the Community
Australia
1607 Posts
 Posted 11/19/2013  06:02 am  Show Profile   Bookmark this reply Add appleangel07 to your friends list
The thing that I really can't understand is that none of those FAKES are even close to being good FAKES,just a little bit of research would confirm this to any prospective buyer.
I suppose we can always hope that 1 very savy person bought them all & will follow up with fraud charges,not likely but we can hope.
Pillar of the Community
Australia
507 Posts
 Posted 11/19/2013  08:06 am  Show Profile   Bookmark this reply Add FNQ to your friends list
Wow over $13k in that haul - pity I don't have any Chinese rellies!
Edited by FNQ
11/19/2013 08:10 am
Valued Member
Australia
117 Posts
 Posted 11/20/2013  02:04 am  Show Profile   Bookmark this reply Add jimjamtwo to your friends list
As a relative newcomer to coin collecting, I'm extremely disturbed by this thread. Is it an established fact that 'the Chinese' are faking all the high-valued Australian coins? Or is this just supposition?

The reason I'm asking is that I would have thought it very difficult to make even a passable imitation of a quality coin. (If this thread is based on fact, then presumably they can fake anything.)

But isn't this a lot of work to produce just one example of a coin? After all, if they were to put several examples on the market it would look very suspicious indeed.

I guess I had always assumed that the kind of equipment you would need to produce a coin like this would be the property solely of governments.

Can anyone direct me to a thread or a website where coin fraud is discussed in detail?


Pillar of the Community
Australia
877 Posts
 Posted 11/20/2013  03:57 am  Show Profile   Bookmark this reply Add Jeff to your friends list
I'm not sure where this is discussed elsewhere but, do a search on ebay. The Chinese are openly selling the fakes there as replica coins.
I bought some 1930 and 1937(!) pennies a few years ago to have a look at them. They cost me $7.50 each, including postage from Hong Kong. The listing showed them stamped as copies but the ones received were not stamped.

And it is not just Australian coins...US, Canada, New Zealand etc. Any really high value coins they counterfeit. Thankfully they usually don't get them quite right but (and this is scary) they are getting better. Mostly they can be picked by weighing them, especially "silver" coins which are well under genuine weight. Often they have mismatched reverse and obverse.

Plenty of mentions of these in this forum so use the "Search" option and you are sure to find much discussion about them.
Pillar of the Community
Australia
3831 Posts
 Posted 11/20/2013  04:27 am  Show Profile   Bookmark this reply Add gxseries to your friends list
I guess what works in counterfeiters' favor is their lack of ethics as well as no consequences (i.e. jail time) plus buyers thinking they are getting a bargain just makes it a very irrestistible market.

I think what needs to happen is to tackle what they are doing, we need to counter them with similar tactics. I.e. bluntly exposing them, keeping other forums and websites up to date with super counterfeits, tipping ebay of such counterfeits, encouraging buyers who got ripped off to return them and so forth.

What makes it more difficult is, the more detail you provide on what is wrong with the counterfeit, the easier it makes the life of a counterfeiter to fix his mistakes and produce a higher quality counterfeit.
My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
Pillar of the Community
Australia
507 Posts
 Posted 11/20/2013  11:49 am  Show Profile   Bookmark this reply Add FNQ to your friends list
Here are 3 articles that cover market commentary, news examples and general insights into the trade:
http://www.sterlingcurrency.com.au/...se-dud-coins
http://au.news.yahoo.com/a/15182799...ld-in-china/
http://coins.about.com/b/2008/04/02...ing-ring.htm
Bedrock of the Community
United States
10045 Posts
 Posted 11/20/2013  3:53 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
The forgers are getting serious...they are making dies that closely (but not precisely) match the originals.
I'm not an expert on Aussie pre-decimals, but I immediately suspect any key/semi-key coin that has 'just struck' surfaces where the details look "off". And I see more and more all the time--I wonder if the hobby will become awash in fakes someday?

Here's a picture from the link above, showing fake dies of Canadian, British, US, and some older European coins. The forgers have taken this to a whole new level with die-struck fakes. From what I've seen, the dates are often the last detail added, where they often make obvious mechanical and stylistic errors.

Is-This-A-Fake-1925-Penny?
Edited by DVCollector
11/20/2013 3:55 pm
Valued Member
Australia
117 Posts
 Posted 11/20/2013  7:02 pm  Show Profile   Bookmark this reply Add jimjamtwo to your friends list
Thanks, everyone, for the informative responses!

This article, in particular, told me nearly everything I wanted to know:

http://www.sterlingcurrency.com.au/...se-dud-coins
Edited by jimjamtwo
11/20/2013 7:17 pm
Valued Member
Australia
117 Posts
 Posted 11/22/2013  5:34 pm  Show Profile   Bookmark this reply Add jimjamtwo to your friends list
I wonder if it would be possible for those who own copies of a Chinese fake to post a hi-res scan? I'd be most interested, and I think it would be educational, to see what kind of surfaces are produced by the process described in the abovementioned article.
New Member
Australia
7 Posts
 Posted 11/29/2013  12:08 am  Show Profile   Bookmark this reply Add hodgie55 to your friends list
I see this seller has red feedback for one coin and 5 others because the buyers bag got wet if only he realised the wet bag is not the problem but the fake coins but ebay has set feedback up now so you don't know what the buyers names are so you can't contact them which is a shame.
Pillar of the Community
Australia
1006 Posts
 Posted 11/29/2013  12:35 am  Show Profile   Bookmark this reply Add oh my florin to your friends list
to CCF
And it is a shame they have set it up like that but frankly those coins looks so fake it really isn't funny and I don't know why ebay puts up with it. Seriously if you took one of those coins to an auction house they would laugh you out of the building but ebay is like yep looks legit
Pillar of the Community
Australia
541 Posts
 Posted 11/29/2013  01:35 am  Show Profile   Bookmark this reply Add wwwww to your friends list
From the feedback, 9***9 actually paid for it. :(
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