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Replies: 47 / Views: 6,678 |
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Pillar of the Community
 Canada
2301 Posts |
Please remember that the laws are very different in the USA than in Canada. Mr. Cutler I am thrilled that you have "learned your lesson." As for the 25 cents that WERE available in Trenton. There were 4. Now there are none. I have the name of the original seller and am working to make his day unpleasant. Here is the opening page of a power point presentation I gave at Coin Expo. Ring a BELL?
Counterfeit Coins Each and everyone of us as numismatists is affected by the very presence of counterfeit material. Directly: The loss of money when unknowingly purchasing counterfeit material. The embarrassment/anger at being duped by lack of knowledge and or an unscrupulous seller. The loss of confidence in the market place or ones own ability to recognize counterfeit material. Indirectly: Having to pay higher prices for material as dealers recoup losses to counterfeits. Loss in value/sales due to people leaving the hobby due to fear of the counterfeits. Please realize that any new collector duped by a counterfeit may just leave the hobby and this affects all of us in one way or another.
Education is the Key! Be proactive when you see a counterfeit!
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Rest in Peace
10197 Posts |
AgCoinAu, I do see your point, but like I said these are easily identifiable. Per se: an 1804 Flowing hair, come on, highly unlikely to be sold as real, same with 1864 Seated lib...the 64 is different style & reverse is 180 out, the 1877S Trade is 2mm smaller than real coin, and ALL the weights are wrong, most likely pewter or other mix. Besides, I have marked all mounted coins as fakes and indicated in my will as such also.  My question are they legal for me to have or not? 
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Valued Member
Canada
77 Posts |
Thankyou Mike for confirming that the counterfeit quarters that this person had are off the market. I was concerned that he still had them based on an e-mail that he sent to me on Jan 16, 2017 where he said " By the way I am not fully convinced they are fake. They were deamed fake by one man. I will seek a second opinion. I am happy that he took my advice and sought your opinion because I was suspicious of them when I first saw the photos of them that he sent to me.
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Pillar of the Community
United States
4233 Posts |
@Crazyb0, the way I read the US Hobby Protection Act, it's not illegal to possess them, as long as you do not attempt to sell them. I would scratch "COPY" into them myself, since they're just placeholders for you, to prevent anyone downstream from thinking they're real. I could be wrong of course - here is the law. https://www.law.cornell.edu/uscode/...5/chapter-48. It was beefed up a few years ago I think to include the "provisions of assistance or support", which in my mind ebay violates on a daily basis.
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Rest in Peace
10197 Posts |
Thank you Kbbpll,  the link did answer my question. In the "Notes" section under "Effective dates, it appears any item prior to Nov. 29, 1973 (enacted date of law) is "grandfathered"...not subjected to mandatory "COPY" markings. If enough research was done, I could probably find out who made these and when. Composition seems to be pewter from the drop test, so assume these are older than 1973. Although unnecessary, I will be heating up the Dremel & add to what ID info already written on mounting and listed in will. A little scratching won't affect the value of a fake coin, still worth nothing!  As for those coins made to fool...hopefully there's a new sheriff in town that will prosecute to the fullest extent of the law, both here and other nations as well!
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Pillar of the Community
United States
4233 Posts |
Thanks Crazyb0, I forgot about the "grandfather" provision. I have a US 1861 dime that sat in my collection for over 40 years, obtained from my grandfather, that I never knew was a contemporary counterfeit until about 6 months ago. I don't know if my grandfather ever knew it was counterfeit. You can see how fakes can collect dust for a long time without owners knowing. In my case, the fake is actually worth more than if it was real. :) We won't see that with this Chinese junk though.
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Valued Member
Canada
127 Posts |
I am just throwing this out here, as I completely get Mike's position on the detriment to the hobby with no speaking out. Trenton is a very small area, having lived there for several years I was hosed with counterfeits on seperate occasions by two different individuals. Upon doing my research, I later found out these two individuals know each other well. Further suspect is one of the counterfeit coins that is trying to be sold right now. Perhaps I can be of some assistance here. Feel free to contact me privately.
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Pillar of the Community
 Canada
2301 Posts |
thrustie you are blocking emails through this site. Please email me at fakecoins@live.com Mike Marshall
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Moderator
 Canada
10460 Posts |
Thanks for being proactive Mike. As a note to others, posting of emails addresses are generally not allowed in our threads and posts - but I would argue that this one NEEDS to be here.
"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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Valued Member
Canada
77 Posts |
I agree. I could not find contact info for Mike last week when I was first approached with the 1875H and 1889 quarters. I an so happy that the owner managed to find him through another person. I will put Mike's e-mail in my file for future reference if the need should arise.
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Valued Member
Canada
77 Posts |
One half of the 1858 penny is on its way to Ottawa for testing.
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Valued Member
Canada
127 Posts |
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Moderator
 Canada
10460 Posts |
I XRF tested this 1858 coin (half) that was sent to me. This would have been the rarest one of them all, had it been legit. Not only was it coinage axis, but it was also brass...
It was the exact same composition as the 1859 counterfeit brass coins from China, which is basically cartridge brass (more than 30% Zinc).
"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
5324 Posts |
I wonder if the collectors who owns those brass cents are starting to worry
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Moderator
 Canada
10460 Posts |
I also put this one under the microscope at work, to capture the texture of the surface. This would probably be a generation 1 cast production of the counterfeit dies. 
"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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Replies: 47 / Views: 6,678 |