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Replies: 14 / Views: 2,398 |
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Pillar of the Community
861 Posts |
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Pillar of the Community
United States
593 Posts |
I just checked his past sales the 1893s he has sold are identical right down to the labeling of the 2x2s he seems to be an assembly line of fraud also saw a 1903 s from the same counterfeit factory, what amazes me is the number of fools paying high amounts for this garbage
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Pillar of the Community
United States
506 Posts |
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Pillar of the Community
United States
7627 Posts |
ebay doesn't care as long as 1): They get their selling fees; and 2): the Buyer doesn't complain about the purchase. Pretty much a Wild West Show again!
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Pillar of the Community
United States
604 Posts |
Please forgive my lack of knowledge but how do you know it is a fake. Looking at it all I can see is in some spots the wear doesn't seem to be consistent. If it wasnt posted here as a fake I wouldn't know any better.
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Pillar of the Community
United States
7627 Posts |
That's what the Chinese counterfeiters and the ebay fake coin promoters want you to think. They are slowly but surely ruining the ebay coin market. The unfortunate part is when the buyer takes his ebay counterfeit "treasures" to his local coin shop, and discovers that he has been burned, the Seller is long gone. There is no recourse. I've seen people get mad at the LCS for being the bearer of bad news.
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Moderator
 United States
23522 Posts |
Neo13x, for someone like me who's seen a Morgan or two, I can see the fakery in the date even on my smartphone (from which I'm posting.
But that illustrates the fundamental truth of numismatics: this hobby is founded on, and driven by, the knowledge of the individual collector. People just entering the hobby have no idea that the bar for knowledge is so high, nor that so many scammers lie waiting. Unless they're lucky enough - or proactive enough - to find a place like CCF, they are likely to learn a hard lesson.
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Pillar of the Community
United States
604 Posts |
Quote: But that illustrates the fundamental truth of numismatics: this hobby is founded on, and driven by, the knowledge of the individual collector. People just entering the hobby have no idea that the bar for knowledge is so high, nor that so many scammers lie waiting. Unless they're lucky enough - or proactive enough - to find a place like CCF, they are likely to learn a hard lesson.
I understand that when it comes to coin collecting there is a lot of knowledge that goes with it. I also understand that you need to know what you're looking at when making a purchase of a coin for any type and grade because so many people are willing to take advantage of individuals any way they can. In my efforts to try and learn and expand my knowledge I have found that CCF has been very helpful. But when someone makes a post saying that a coin is fake or how they can't believe that people are gullible enough to purchase a coin with the given pictures showing how fake it is doesn't help me learn or understand what they are talking about. If the only way to learn is to buy many coins and see them coin in hand to know what is authentic or not, then I have no choice but to learn the lesson the hard way. At this point I don't know if I am correct in seeing the wear patterns to not be consistent or if it's just the numbers in the date that tells a more knowledgeable person that this coin is fake. I only ask for an explanation for why someone thinks what they think so I can learn and gather the necessary information to make me a better collector.
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Pillar of the Community
United States
7627 Posts |
We know it's fake because we have been educated by experience. The lettering isn't correct. The spacing between digits isn't correct. The color raises huge questions. When you look at hundreds of coins on a daily basis for a living then fakes begin to jump out at you.
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Pillar of the Community
United States
2543 Posts |
@Neo13x
When I was starting out, I would take pictures of known fakes, juxtapose them with pictures of known genuines and just study the pictures and look for "counterfeit markers".
Find a picture of a 1893 Morgan, look at the left side of the base of the 1. In genuine dollar the left side of the base of the 1 starts over the middle of the third denticle from the point of the neck and ends over the fifth. In the fake the base of the 1 starts in the gap between second and third denticle.
Little markers like this are ways to tell. Compare photos, read educate yourself and identifying obvious fakes will come.
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Pillar of the Community
United States
506 Posts |
Neo13x, Something else you can do is got to Amazon and purchase a few "copy" or "replica" coins. These can act just like what denco7 said but you can see it in hand.
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Pillar of the Community
 861 Posts |
I sometimes forget that not everyone here is an expert on spotting fakes. For many years I worked with the ccw and Judith in removing these counterfeits. It had reached a point where there were virtually no counterfeits on ebay. Now, it seems they are rampant on ebay. Raw coins, such as this: http://www.ebay.com/itm/32158302298...RK:MEBIDX:ITare clear and obvious fakes to the experts, but, a novice can easily be fooled (a real 1795 dollar doesn't have a raised rim nor a reeded edge). At this point, I would advise that NO novice collectors buy any raw expensive coins on ebay without getting an experts opinion first. I am confident that ebay will soon reverse their decision to stop protecting buyers as their earnings are getting worse. Right now, ebay is NOT a safe place to conduct business. JMO
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Pillar of the Community
United States
604 Posts |
Quote: We know it's fake because we have been educated by experience. Experience is something I don't have a lot of. If you read my "Hello" post you will learn that up until recently my coin collecting has been mostly through what I have found in my pocket change. Until I get more experience I'm going to be asking many questions. I appreciate the help I get from all the people on CCF and I would also appreciate to not be looked down on because I am not as well educated in the Coin World as others. So moving forward, thanks to all of you for helping me understand what to look for in fake coins and better ways to educate myself.
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Moderator
 United States
16679 Posts |
Yeah, study the date of a genuine coin and then go back to this one..it will be pretty obvious. Once you learn the traits of genuine coins, you'll learn to spot them quite easily. You tend to get very discriminating..particularly with a series you are really interested in.
swcoin.ecrater.com
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Pillar of the Community
United States
506 Posts |
g048406, that 1795    Quote: Item specifics Seller Notes: "used" Region of Origin:South America Year of Issue:1944 Country/Region of Manufacture:United States Country:Ecuador
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Replies: 14 / Views: 2,398 |
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