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1800 Draped Bust Dollar

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CopperHunter's Avatar
Canada
59 Posts
 Posted 07/25/2023  05:04 am  Show Profile   Bookmark this reply Add CopperHunter to your friends list Get a Link to this Reply

There are countless people online trying to sell fakes by quoting "a dealer or expert told me it was worth this much" or "it had been passed down through my family for generations". Everytime I read such quotes, it will be an immediate red flag. Hopefully you can get your refund.
Valued Member
United States
100 Posts
 Posted 07/25/2023  08:57 am  Show Profile   Bookmark this reply Add MajorPatW to your friends list Get a Link to this Reply
Every now and then life tends to hand us a big ole dose of humility. Granted it's not usually shared with a bunch of strangers via an internet forum, but nothing surprises me anymore. It's so hard to know who to trust anymore in this world, and add negativity on top of that and and it's kind of explosive. I do deeply apologize if I offended anyone in this thread. I let my emotions get the best of me.

A refund is not an option, so it's just one of life lessons learned and not the end of the world. And it certainly isn't going to scare me away from the hobby. I'm blessed to have a desk job that provides me some free time throughout the day to learn and play. And I've always received good advice here at this forum. Thanks guys and God Bless.
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CherryPicker1's Avatar
United States
646 Posts
 Posted 07/25/2023  7:29 pm  Show Profile   Bookmark this reply Add CherryPicker1 to your friends list Get a Link to this Reply
Real sorry to see you got ripped off like that. In the future, Id definitely recommend posting pictures of expensive, commonly faked coins like that on here for us to take a look at (or even have it inspected by a trusted dealer with you present) before you make a purchase. Even plenty of experienced members share images of coins here before buying them as it never hurts to get some extra pairs of eyes on them. Hope you have more luck with future coin endeavors!
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HondoB's Avatar
United States
25395 Posts
 Posted 07/25/2023  8:44 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
MajorPat, do you know which local dealer / LCS he showed it to? If so, ask them if they told him it was a fake.
Inordinately fascinated by bits of metal with strange markings and figures
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/25/2023  8:54 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Hard to believe anyone with a decent knowledge of US coins could be fooled by this.
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ExoGuy's Avatar
United States
4417 Posts
 Posted 07/26/2023  10:39 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
Hard to believe anyone with a decent knowledge of US coins could be fooled by this.


Granted that the OP's item is a fake that many of us have seen, I beg to differ with this statement. I've a great many serious, dealer and collector friends who've been fooled by a purchase at some time or another. Back in the late seventies. I bought two raw gold pieces from a longtime dealer who assured me that they were genuine. I completed the purchase, given his promise that I could return them within two weeks; this, giving me time to consult a more knowledgeable dealer friend about them. They proved to be real gold but fakes made in the Middle East, I was told. The coins were returned, and I was refunded.

I once heard a lamenting dealer utter these words at a coin show: "If I don't buy a bad coin every once in a while, I'm not doing enough business." The coin he was referring to amounted to a $2,800 loss! ..... Great attitude, I'd say, eh what?

@ MajorPatW .... Your loss saddens us all. Never lose sight of the fact that the great majority of folks on the CCF want to both learn from and be helpful to other collectors. I appreciate that you're weathering the storm and staying with us.
Edited by ExoGuy
07/26/2023 10:41 pm
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Ploopy's Avatar
United States
1788 Posts
 Posted 07/26/2023  11:30 pm  Show Profile   Bookmark this reply Add Ploopy to your friends list Get a Link to this Reply
Going to be honest, you should just try to get your money back from your neighbor. There is nothing wrong with asking for a refund due to the coin being a very bad Chinese counterfeit. Since they are your neighbor, a refund is certainly an option. Get that money back, you don't need to lose it to learn a lesson!
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kbbpll's Avatar
United States
4233 Posts
 Posted 07/27/2023  07:02 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply

Quote:
A refund is not an option
I guess it's good for you to know that your neighbor is a scammer. Tough lesson but it's happened to a lot of us.
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bobby131313's Avatar
United States
24170 Posts
 Posted 07/27/2023  07:43 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
Going to be honest, you should just try to get your money back from your neighbor. There is nothing wrong with asking for a refund due to the coin being a very bad Chinese counterfeit. Since they are your neighbor, a refund is certainly an option. Get that money back, you don't need to lose it to learn a lesson!


Especially since the odds are, he knew it. If he took it to a dealer, he was almost surely told.
Valued Member
United States
100 Posts
 Posted 07/27/2023  11:10 am  Show Profile   Bookmark this reply Add MajorPatW to your friends list Get a Link to this Reply
I think my neighbor knew as well. He's not a close neighbor, and I don't know him well, I just got over zealous. Honestly, in the big scheme of things, this is minor compared to some of the stupid decisions I've made in my life. We won't go there. LOL. With age comes experience and the best definition of experience I've ever heard is "it's enables you too recognize the mistake when you make it a second time" Life goes on.
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kbbpll's Avatar
United States
4233 Posts
 Posted 07/27/2023  11:30 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
One further option then is to threaten to take him to small claims court. You haven't said how much he ripped you off for, but it has to be well into hundreds. Scammers keep scamming unless someone provides them with consequences. I'd also be wary having a neighbor like that who knows that you collect coins.

In the end, please do the community a favor and cut that thing in half and throw it in the garbage.
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ExoGuy's Avatar
United States
4417 Posts
 Posted 07/28/2023  12:59 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply

Quote:
In the end, please do the community a favor and cut that thing in half and throw it in the garbage.


Personally, I'd not recommend doing this. Over many years now, I "built" a black cabinet of fake and altered coins, tokens, etc. I've long used them at club meetings, shows and elsewhere to educate other collectors. I've also penned numerous articles about them, publi.shed in a number of club newsletters. Collectors and dealers much need to study and learn to recognize these bad items .... Just my take.
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Dearborn's Avatar
United States
96857 Posts
 Posted 07/28/2023  11:53 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Well I'm not going to pile on here, I'm just going to say that I'm sorry that this has happened and disturbed that a neighbor could do such a thing.
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Pacificoin's Avatar
Canada
5396 Posts
 Posted 07/29/2023  02:09 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
I will add , an obvious fake as noted .
You don't have to put up with a neighbour's Bull .
Go back knock on the door demand your money
Back . In my opinion he knowingly uttered a fake
Legal Tender US coin ( a USA silver Dollar )
This violates several laws in itself.
Next visit should be from your local Sherriff accompanied
by the Secret Service ,
Valued Member
United States
100 Posts
 Posted 07/29/2023  12:11 pm  Show Profile   Bookmark this reply Add MajorPatW to your friends list Get a Link to this Reply
I appreciate all the support folks. To be honest I used the term "neighbor" losely I guess as the guy just lives near me. The irony in this is NOW that very coin is showing up for sale from TEMU on all my facebook pages and YouTube short ads. Two weeks too late. UGH. But a lot of those fake Morgan's are on there for sale for a 2.99 as well. Also Mercari as a lot of the fake stuff, so I'm learning, and it's because of this forum. I feel bad for how some of my response in the first part of this post, but I'm still relatively new here, and just didn't want to believe I had let myself be that stupid. But what's done is done. Time to move on. My guess is, that neighbor is homeless from the looks of his car and his belongings, and so I'm telling myself it was a charitable donation. I suspect I will hear from him again because he believes now that I'm a sucker. I met him at the Dollar General, not at his home.
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