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 Replies: 20 / Views: 8,624 |
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Bedrock of the Community
United States
94367 Posts |
Harry - Great thread, thanks, learned a lot.
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Pillar of the Community
 United States
3058 Posts |
The half dollar looks very convincing.
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Rest in Peace
United States
7075 Posts |
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Pillar of the Community
United States
634 Posts |
 If I got that half from a bank I wouldn't look twice. |
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Valued Member
United States
446 Posts |
The mintmark on that quarter is a giveaway.
What's surprising me here that someone's going through all the trouble to fake coins that are of little value.
Have we got a Henning wannabe out there somewhere?
(ETA: the half would have fooled me too!)
Edited by DCM Coins
01/14/2017 8:14 pm
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Rest in Peace
United States
233 Posts |
Quote:
... What's surprising me here that someone's going through all the trouble to fake coins that are of little value ... I had the same thought  How like a coin collector to look at the face value of the coin, and not the business model. Consider the life of a forged twenty dollar bill. You sell it to somebody who then needs to spend it, keeping the change and, maybe, salvaging something from whatever they bought with the bill. The yield is the change from the twenty, which limits how much someone is willing to pay for the twenty in the first place. Consider the life of a forged quarter-dollar coin. The market is people who make change; either out of a cash register or, better yet, out of a vending machine. Their yield from a ten dollar roll of quarters is a full ten dollars. One could also consider the security measures & monitoring in place for twenty-dollar bills, as opposed to those in place for quart-dollar coins. Lastly, and perhaps most importantly, one of these markets is far more competitive than the other, further squeezing the yield. Forgery is always a lot of trouble. Cheers, /s/ ikeyPikey |
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Valued Member
United States
446 Posts |
One story I read about Henning and his nickels has that he deposited them by the roll in banks, explaining that he owned a vending machine business. With a $2 roll having much more purchasing power in 1953 it might appear to be yielding some profit for the time and effort, but that's assuming that he could make them for less than face value.
If that quarter and those like it were made 30 years ago, then perhaps the operation got something out of it, but how much? Enough to buy a six pack every other week?
Anyway, I took another look at that eagle on the quarter. He doesn't look all that healthy.
I'll also be carefully looking at any more clad coins that I get that appear to have rust and/or other type(s) of degradation.
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Rest in Peace
United States
233 Posts |
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... With a $2 roll having much more purchasing power in 1953 ... Right about the time that my father would take my older brother and a roll of nickels to an art museum, and the kid got a nickel every time he correctly named the artist. Quite the incentive, in its day. Cheers, /s/ ikeyPikey |
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Rest in Peace
United States
18456 Posts |
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If I got that half from a bank I wouldn't look twice. Yeah , me too .  |
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Pillar of the Community
United States
998 Posts |
Assuming it was made in the early to mid 1980's as it's date might indicate, there may have been some method to his madness. At the time many coin acceptors for things like tollroads, coin counters and other automatic coin devices merely used size to determine value. Some coins might have been rejected by magnet-equipped machines but not all used them.
I had a friend who worked in the coin room of a large tollroad authority during this time who said they used to collect buckets full of slugs, foreign coins and even just plain cut round metal bits that were accepted by the roadside baskets. It looks like this guy took it one step further and at least made a (slight) effort to make it presentable. Most people wouldn't give that a second look unless it was rejected by a machine or handled by a collector.
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Pillar of the Community
979 Posts |
Hey Dave I love that nickel. In God We Irust. There is no way that the supposedly T in trust looks like a T it looks like an I.
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Pillar of the Community
United States
757 Posts |
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Hey Dave I love that nickel. In God We Irust. There is no way that the supposedly T in trust looks like a T it looks like an I. It's definitely an I. That's why it falls into my bad fake section. The half is really nice, until you get it in hand. The weight is off. With the vast majority of people never handling a half it would fool most cashiers. |
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Pillar of the Community
United States
5210 Posts |
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The half is really nice, until you get it in hand. The weight is off. The half is a Magicians coin. You can see the seem cut into the reverse between the rim and the fields. |
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Pillar of the Community
United States
1963 Posts |
Just for fun, what is the weight of the half?
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Rest in Peace
United States
7075 Posts |
Good eye. I missed that. I would, however, suggest that it is a spy coin.
There may be some microfilm still hidden inside -- although I seriously doubt it.
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Replies: 20 / Views: 8,624 |
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Posted 01/14/2017 6:56 pm
