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Replies: 30 / Views: 5,309 |
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Pillar of the Community
United States
4418 Posts |
@Carl .... I'd venture a guess that 9 out of 10 "coin collectors" and at least 1 in 10 "dealers" would fail to spot this fake. Such inability offers a huge market. Also, consider that this fake sold a hundred times the cost of its production.
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Pillar of the Community
United States
3663 Posts |
His 1914-S Buff and 1931-S Buff are counterfeits, too. They share the same reverse die. this reverse die is also used on known 1920-S and 1926-S counterfeits. (Notice the die scratch through the buffalo's private parts.) 153761179044163987979468JMHO, but this seller can't be that naive.
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Pillar of the Community
United States
4233 Posts |
The 1892 10c, besides looking utterly cheesy, has both obverse and reverse design types that did not exist prior to 1901. I informed the seller and they say they are taking it down. Says they got coins from a storage auction but they normally do stamps. They sounded remorseful. Edit - that one is gone already.
Edited by kbbpll 12/14/2019 12:28 pm
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Bedrock of the Community
United States
10635 Posts |
I don't trust any sellers who won't let you magnify the photos to examine them carefully. They usually have something to hide.
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Bedrock of the Community
Australia
21788 Posts |
I really prefer to examine every coin in hand, before making a decision to buy. For ebay, this makes a return policy a normal part of any and all on line transactions.
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Moderator
 United States
16679 Posts |
I buy on ebay ONLY IF there is a clear 30 day return policy in place and he has kick --- feedback!
swcoin.ecrater.com
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Pillar of the Community
United States
4418 Posts |
Quote: I don't trust any sellers who won't let you magnify the photos to examine them carefully. They usually have something to hide. While I surely see some validity in this observation, I couldn't help but chuckle. I've acquired some of my best counterstamps from such sellers. Consider the flip-side. I download the images and enlarge them. A seller's ineptness can lead lead to great buys. Earlier this year, my best ebay buy ever happened under just these circumstances. I purchased a "damaged" Bust Half for a two-figure sum. Four of these counterstamps have auction records of $3500-$8000. Apparently, a lot of buyers don't bother with poor pics, and that's worked to my benefit. I may eventually do a posting about this. Meanwhile, I'm agrinin' ....
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Moderator
 United States
54282 Posts |
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Pillar of the Community
United States
4418 Posts |
@nss-52 .... That's a good sign.
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Valued Member
United States
442 Posts |
"The writing on the sleeve is just my coin dealer's opinion of the coin" Riiiiight. Everything on those flips is highly elevated. Even if they were real coins. That statement alone would tell me to move on.
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New Member
United States
3 Posts |
I see threads saying "why is this hobby losing popularity?" or "Why aren't younger people collecting?" And as a beginner myself, this is a major part of the reason.
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Bedrock of the Community
United States
20753 Posts |
Quote: I see threads saying "why is this hobby losing popularity?" or "Why aren't younger people collecting?" And as a beginner myself, this is a major part of the reason. All so true. What is really horrible is how many people have fake coins in their collections and don't know it. Even some dealers have them and don't know. I can imagine that there are now possibly way more Mercury dimes than were ever really made.
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New Member
United States
3 Posts |
@just_carl, I don't have a lot of coins that I've spent money on yet but I question it all now. I'm going through it tomorrow in hopes of finding some peace of mind.
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Pillar of the Community
United States
5833 Posts |
Missed. Hope you get your money back one fine dime!
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Pillar of the Community
United States
4418 Posts |
Coin collecting is one of the oldest hobbies there is. Fake coins have been around for many centuries. While we've seen more fakes in recent years than ever before, there are large numbers of serious collectors who remain undeterred. By serious collectors, I mean those who buy books, subscribe to periodicals, participate in clubs and forums, etc., seeking knowledge along with the pieces of metal we call coins.
I still own a fake gold piece (genuine gold though) that I impulsively bought at auction, thirty years ago. I own a number of replica colonials, dating to the 1960's and a number of Chinese counterfeits, too. I've long used pieces in this collection to enlighten others at club meetings and other gatherings. IMHO, any would-be collector who lacks confidence and interest in learning about numismatics should find another hobby. BTW, I own around 200 coin books and have yet to purchase a fake book!
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Replies: 30 / Views: 5,309 |