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Replies: 63 / Views: 10,419 |
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Pillar of the Community
 United States
745 Posts |
Im not sure if I should LOL  or feel sorry for the person  that spent over $70 w/S&H for this $3 Silver Plated  {?}
Edited by Penny4Me 06/02/2012 12:17 am
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Pillar of the Community
Canada
4227 Posts |
Titanic stuff sells like crazy on ebay. I remember around 2000 I had a reproduction postcard that a client wanted me to list for him with some other things and the card closed over $200. I was dumbstruck. I spoke with the winning bidder on the phone and he admitted that he and another competing collector had entered crazy high bids without realizing the item was clearly marked as a reproduction. Needless to say I withdrew the auction. I suspect the result won't be as promising for the winner of this auction though.
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Valued Member
Canada
63 Posts |
It's strange there's positive feedback left for this coin from an experienced coin buyer. 
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Valued Member
Canada
396 Posts |
Quote: It's strange there's positive feedback left for this coin from an experienced coin buyer. Probably for the sake of low mintage
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Pillar of the Community
United States
2408 Posts |
Another listing here: [eBayItem]150827095205[/eBayItem]
Listed under an interesting category: Exonumia
Fake or Fantasy Coin?
The question also is whether the auction is meant to fool the buyer or is it obvious enough to qualify as a fantasy coin (like many others we have seen in the past and aren't illegal). I see three major problems; the seller does not state that the coin is a fantasy coin. He quotes "Canadian Coin" in his description and does not provide a picture of the obverse. Overlooking these aspects lead me to believe that the seller is a scammer.
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Pillar of the Community
 United States
745 Posts |
Maybe these are low mintage Home-made?
I do not see others selling these great piece of work!
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Pillar of the Community
Canada
1581 Posts |
Quote:
The question also is whether the auction is meant to fool the buyer or is it obvious enough to qualify as a fantasy coin
A "fantasy" coin can't ever have existed. That clearly doesn't apply to this case. He calls it a "Canadian coin", and ebay prohibits reproductions of Canadian coins thanks to the RCMP efforts. I think it clearly violates ebay's policy, but so far they aren't doing anything about it. Perhaps if they get enough reports ebay will do something.
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Pillar of the Community
United States
1002 Posts |
His latest feedback gives him a negative for a fake coin. I would think the RCM would take issue with his listings. That should be worse than any public discussions about pre-release coins that get erased from here!!
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Pillar of the Community
Canada
1581 Posts |
Quote:the ebay photo of coin does NOT have '50 cents' near rim The artist's initials (YB for Yves Bérubé) are also missing. According to Completed Listings, he's sold: 3 also showing the FIJI obverse: $31.17 each (+ $18.73 shipping!) 9 showing only the reverse: $37.47 - $63.49 (+ $10.40 shipping) Since his other plated Titanic stuff has gone for as little as 1 cent, clearly people are being fooled by these. BTW, Fiji does have a Titanic coin. It is 5 toz .999 silver. 62 mm diameter. $50 denomination. And with a mother-of-pearl inner core insert.
Edited by dialog_gvf 06/02/2012 5:12 pm
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Pillar of the Community
United States
2408 Posts |
Quote: A "fantasy" coin can't ever have existed. That clearly doesn't apply to this case. I won't argue this because I don't think it is written anywhere what exactly makes it a fantasy coin. I just know they exist, and have purchased some before myself. The below example is one of them. Same Voyageur, CANADA on top. Not a dollar. Not a replica. Not a fake. 
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Pillar of the Community
Canada
1581 Posts |
True. To be even more pedantic, doesn't a coin have to have a denomination? It is a medal or medallion otherwise. A mule may be an exception, where an accidental die pairing cause the entity to not have a denomination. But, would it be strict legal tender? With the Titanic piece, the leaving off of 50 cents, and if all the obverses are FIJI, this might qualify as a "fantasy coin". It isn't really a coin, and hence can't be consider a counterfeit. But, the intent is clear. The auctions do not labelled it as a fantasy, it labels them as a "Canadian coin", so it is violating ebay's listing rules.
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Pillar of the Community
United States
2408 Posts |
[eBayItem]150827640618[/eBayItem]
Same seller, but here with a Fiji obverse. I wonder who made those "things".
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Pillar of the Community
Canada
1581 Posts |
Oddly enough, some of the TUVALU medallions are also listed as "Canadian coin", without "Canada" appearing.
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Pillar of the Community
Canada
1581 Posts |
Quote:
I wonder who made those "things".
Assuming they exist right now, and aren't just like RCM's own methodology of showing a Photoshop rendition well before the real thing exists. (1) See what is hot (2) Whip off a photoshop of your planned fake (3) Start selling (4) Get the Chinese sweat-shop to start production once you have some cash from sales
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Pillar of the Community
United States
2408 Posts |
Dialog I agree with you the seller is clearly withholding information from the buyer. The category might be what is saving him, I don't know. "Exonumia are numismatic items (such as tokens, medals, or scrip) other than coins and paper money. This includes "Good For" tokens, badges, counterstamped coins, elongated coins, Encased Coins, souvenir medallions, tags, wooden nickels and other similar items. It is related to numismatics (concerned with coins which have been legal tender), and many coin collectors are also exonumists" - wikipedia
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Replies: 63 / Views: 10,419 |