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1782 MO Ff - Sold For $102 - Bargain?

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swamperbob's Avatar
United States
5362 Posts
 Posted 11/26/2012  7:43 pm Show Profile   Bookmark this topic Add swamperbob to your friends list Get a Link to this Message Number of Subscribers
Sometimes a coin sells on ebay that infuriates me.

Here is one such coin. It sold after 23 bids by FIVE bidders for over $100.

My question is WHY would anyone spend $100 for this hunk of junk? Here is the auction.

http://www.ebay.com/itm/Mexico-8-Re...251186476348

I copied the picture so that it could be seen after the auction comes down.


1782-MO-Ff---Sold-For-$102---Bargain?

Even with what is a lousy picture - the fact that this is a forgery is SO obvious that it is not funny. I wonder why anyone bid at all.

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jfransch's Avatar
United States
1801 Posts
 Posted 11/26/2012  10:55 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
ebay was so much more fun back when we could contact bidders during the process and warn them. I used to enjoy the hate emails from the sellers trying to pawn off obvious fakes as the real coin.
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MathieuMa's Avatar
France
1591 Posts
 Posted 11/28/2012  07:35 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
Yes, I miss that time ... now it's a nightmare, and you cannot do anything.
I talked with some of Juan Melgar's buyers, they couldn't even return the coin (it's always a nice fight with paypal's support when you need to do that, you have to have nice arguments and references, and be prepared to fight) ...
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Namachieli's Avatar
United States
2120 Posts
 Posted 11/28/2012  4:25 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
those fields. yuck
New Member
TooMz's Avatar
United States
28 Posts
 Posted 11/29/2012  01:28 am  Show Profile   Bookmark this reply Add TooMz to your friends list Get a Link to this Reply
Gross. Feel bad for the buyer who thinks he's getting the real coin
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DVCollector's Avatar
United States
10045 Posts
 Posted 11/29/2012  02:36 am  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Ebay was so much more fun back when we could contact bidders during the process and warn them.
I got a lot of enjoyment knowing that I saved somebody $$$.
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colonialjohn's Avatar
United States
1757 Posts
 Posted 11/29/2012  09:52 am  Show Profile   Bookmark this reply Add colonialjohn to your friends list Get a Link to this Reply
Bob - Thats why this upcoming ANS CC8R book you are working on is so important - it will not only educate people of Spanish American Reale counterfeits but INDIRECTLY it will teach people how counterfeits are made and how to spot fakes of any world coin they are collecting in any time period. BTW the Craddock book is in route and you should have it next Monday/Tuesday 12/3-4.

John Lorenzo
United States
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hammerrob's Avatar
United States
98 Posts
 Posted 11/30/2012  9:52 pm  Show Profile   Bookmark this reply Add hammerrob to your friends list Get a Link to this Reply
I'm looking forward to that book, too ... because to me it's not obvious why that coin is a fake! On the other hand, that's also why I wouldn't buy this coin or any others like it for $100.
Valued Member
Germany
194 Posts
 Posted 12/05/2012  6:33 pm  Show Profile   Bookmark this reply Add dosmundos to your friends list Get a Link to this Reply
I am quite convinced that the people bidding on such coin-like products wouldn't want to spend the same amount on a book about forgeries even if they knew of its existence!

How many people collecting Pillar Dollars own a copy of Gilboy's work? How many people collecting Cap & Rays own "Resplandores"?

Over the years, I have had contact over the internet several times with buyers of fake counterstamps on ebay. More than one of them told me that they had been collecting counterstamps for years and had spent decades in numismatics, yet they didn't own a single reference of the specific counterstamp they had just bought for a lot of money (apart from the ubiquitous standard reference with capital letters).

I guess we are all born suckers when we start collecting coins, but some choose to learn and others apparently don't...
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swamperbob's Avatar
United States
5362 Posts
 Posted 12/05/2012  8:18 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
I agree completely that the AVERAGE collector seems to be more interested in a bargain coin than in learning something of value. Too many people are simply involved to make a buck. It is just that type that gets taken by buying these kinds of fakes. They can't seem to believe that they can save (make) far more by knowing what they are doing.

I hope that the book will begin a learning process with at least some collectors.

But I fear the real suckers will always be there.

If they were not we would have a lot of unemployed forgers.

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swamperbob's Avatar
United States
5362 Posts
 Posted 12/05/2012  8:22 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
hammerrob - In the book I have a section on that one error. It is very simple and obvious one once you think about it.

But no one has got it yet. It is NOT the fields.

Any other guesses? I have actually written this error up a few times now.
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jfransch's Avatar
United States
1801 Posts
 Posted 12/05/2012  11:29 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
The denticles end before the planchet does
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swamperbob's Avatar
United States
5362 Posts
 Posted 12/06/2012  1:58 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Absolutely correct!
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jfransch's Avatar
United States
1801 Posts
 Posted 12/06/2012  11:48 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
I have had a great teacher.
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