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What's Up With This Coin?

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Author Previous TopicReplies: 42 / Views: 3,394Next Topic Page 3 of 3
New Member
United States
35 Posts
 Posted 12/31/2008  4:00 pm  Show Profile   Bookmark this reply Add Isaiah to your friends list
This is the 18th probable altered 1909 S VDB that I've seen on ebay in the last 3 months.
Pillar of the Community
Spain
1361 Posts
 Posted 12/31/2008  4:07 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
His starting price is 0.99 cents. So many collectors are willing to buy fake coins for fillers at a price depending on their budget. In this case if this is authentic coin with altered MM then you give a bit higher buying budget.
Maybe my budget is $20 so I would definetly bid for it, but then another guy comes with a budget higher than me, and the bid goes on and on, until the guy who has a bigger budget wins.
Pillar of the Community
Spain
1361 Posts
 Posted 12/31/2008  4:14 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list

Quote:
Where do you get the S mintmark to add to the P mint coin? Attaching it to the new coin would be easy, finding something that wouldn't stick out like a sore thumb would be difficult.


I know of a jeweler who makes this and is very good at it. He changes an authentic 1903s 1 peso US Philippines to 1906s a very rare date. He sells it as altered date.
Pillar of the Community
United States
615 Posts
 Posted 12/31/2008  4:53 pm  Show Profile   Bookmark this reply Add HippieOutcast to your friends list
Well, while it might be a fake, I think the starting price shouldn't be the "tell all" sign for a fake coin.

After all, many people when they do have something of value, will start it at $0.99 to cut back on paying ebay such high fees. If it really is worth something significant, then the chances that it will eventually sell for its worth are much higher.

Just my Two Cents as a fellow ebay seller.
New Member
United States
35 Posts
 Posted 12/31/2008  5:59 pm  Show Profile   Bookmark this reply Add Isaiah to your friends list
I constantly see altered 1914 D cents as well.
Locked
822 Posts
 Posted 12/31/2008  6:19 pm  Show Profile   Bookmark this reply Add scubu to your friends list

Quote:
I know of a jeweler who makes this and is very good at it. He changes an authentic 1903s 1 peso US Philippines to 1906s a very rare date. He sells it as altered date.


I'd turn him in. Just because he's upfront about the date doesn't mean the guy that buys it will be. It's illegal and detrimental to the hobby as a whole. Also, if he's doing this, what else is he doing that he's not telling?

Do us all a favor and pick up the phone.
Pillar of the Community
Spain
1361 Posts
 Posted 12/31/2008  7:21 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
From where he is, he does not break any law, just like the chinese who makes fake coins. There is always somebody who will do this as there is a demand for it. The minute the buying stops, that will be the minute the selling will stop. The law of supply and demand.
Locked
822 Posts
 Posted 01/01/2009  3:35 pm  Show Profile   Bookmark this reply Add scubu to your friends list

Quote:
There is always somebody who will do this as there is a demand for it. The minute the buying stops, that will be the minute the selling will stop. The law of supply and demand.


I'm sorry but that's an incredibly lousy attitude. I'm sure glad the cops in my neighborhood don't share your views. If it's wrong it's wrong... PERIOD. Trying to lay the blame on the people that buy them is completely ludicrous.
Pillar of the Community
Spain
1361 Posts
 Posted 01/01/2009  6:17 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list

Quote:
I'm sorry but that's an incredibly lousy attitude. I'm sure glad the cops in my neighborhood don't share your views. If it's wrong it's wrong... PERIOD. Trying to lay the blame on the people that buy them is completely ludicrous.


In the states it's wrong, elsewhere it is not. If no laws are broken no crime is commited PERIOD. FYI, In other countries the buyers are also guilty of the crime, be it falsification, drugs or copyright piracy.

Whether you like it or not that is life my friend and this problem has been there for ages and it will continue for ages to come.

Edited by manila galleon trade
01/01/2009 6:18 pm
Pillar of the Community
Spain
1361 Posts
 Posted 01/01/2009  6:27 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list

Quote:
I'd turn him in. Just because he's upfront about the date doesn't mean the guy that buys it will be. It's illegal and detrimental to the hobby as a whole. Also, if he's doing this, what else is he doing that he's not telling?


By the way, you can start by turning in everyone who sells in ebay fake and altered coins, if you think they are doing something illegal.
Locked
822 Posts
 Posted 01/01/2009  6:29 pm  Show Profile   Bookmark this reply Add scubu to your friends list
You won't be so flippant about it when you or someone close to you gets stung with one of these pieces of crap.

Criminal or not, you know it's not ethical, the guy doing it knows it's not ethical, and everyone here knows it's not ethical. To condone it, is not ethical. End of story.
Pillar of the Community
United States
615 Posts
 Posted 01/01/2009  6:35 pm  Show Profile   Bookmark this reply Add HippieOutcast to your friends list
Still, I believe the argument was about it being illegal and not ethical.
Pillar of the Community
Spain
1361 Posts
 Posted 01/01/2009  6:36 pm  Show Profile   Bookmark this reply Add manila galleon trade to your friends list

Quote:
Do us all a favor and pick up the phone.


Maybe you can do something about it my friend.

The only thing I can tell you, If no laws are broken, no crime is committed. That is the end of story.
Bedrock of the Community
United States
17884 Posts
 Posted 01/02/2009  12:29 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
If it's wrong it's wrong... PERIOD.

This assumes that right and wrong are absolutes and that isn't true. What is right and wrong vary depending on where you are and the attitudes and beliefs of the local society. There are very few things which are seen as being right or wrong EVERYWHERE.
Pillar of the Community
United States
5318 Posts
 Posted 01/02/2009  1:09 pm  Show Profile   Bookmark this reply Add KurtS to your friends list
Well, I'll just add this...anybody who sells a coin here under similar pretenses will come under immediate scrutiny.
But sure--I could give this guy some "benefit of doubt"--from a distance. But that's quite different if he came here and someone I know dropped $265 for that POS.
I only apply the same standards here I apply to myself.
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