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1856 Flying Eagle Cent > 2k > Fake?

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Valued Member
fasteddie's Avatar
United States
96 Posts
 Posted 04/13/2008  7:58 pm  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
yes yes yes this is NOT rocket science
Pillar of the Community
ratio411's Avatar
United States
1208 Posts
 Posted 04/13/2008  8:15 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
quote:
NGiles:Somebody needs to stop this seller.


Yes.
I am beginning to believe that we are looking at one of two
things in this seller...

*They are buying these coins from someone at the source.
They honestly believe they are finding awesome deals on rare coins.
So, now they are unknowingly a stateside distributor of the fakes.
Basically due in full to their greed and ignorance.

OR

*They know full well what they are doing.
Brought the stuff in themselves, or are a foreign national
that has a direct source.
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ratio411's Avatar
United States
1208 Posts
 Posted 04/13/2008  8:28 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
The buyer of the 89cc has returned my email.
Since he is a dealer, and would be civilly liable
for making sure his coins are authentic, I asked
how he authenticated them.
He sent me a very reassuring and professional worded
response.
I sent him this thread link.

The last message was a little upsetting.
I insinuated that he may be receiving phony rare coins,
and his response was that he didn't have time to look
at the thread. ?
I sent him a direct link.
He just spent a great deal of money with this seller.
To borrow a phrase, "it's not rocket science"...
but he didn't seem concerned.

Maybe I am misreading it. But he apparently doesn't have
time to check it out.

Edit:
Well, he corresponds FAST!
He just sent me this:

quote:
Mine is out for grading so we'll see - NGC takes way to long.
There was only one issue I saw on this coin that made me a bit suspicious...
It's on the reverse - see if your friends can figure it out...

Hate to see it fake, then I'd have to turn him over to my good friends in the Fed's :-0

Edited by ratio411
04/13/2008 8:33 pm
Valued Member
fasteddie's Avatar
United States
96 Posts
 Posted 04/13/2008  8:37 pm  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
quote:
but he didn't seem concerned


very very strange and peculiar
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 04/14/2008  10:01 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I want to say anytime you email someone like this it could be bad news for the person claiming that the other is selling fake goods, they could claim that you hurt their business and all other kind of claims in court so please be prepared to defend your opinion in court if you decide to go this route because they may slap a slander case on you and you will have to defend yourself in a court of law which could be more money and trouble than you want to get into. If someone comes here asking for a opinion and we give it to them that is one thing but to email buyers a seller has sold to and tell them that they are receiving fake goods is totally another. Even though I am not a lawyer I just think this could be a area most people want to try and avoid
Valued Member
fasteddie's Avatar
United States
96 Posts
 Posted 04/14/2008  10:55 am  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
quote:
Even though I am not a lawyer I just think this could be a area most people want to try and avoid


Bryan,

Respectfully I have to disagree with you. First of all if I were the one buying what the people in this forum believed to be 'suspect coins' I would appreciate an email letting me know that 'maybe you should have that coin authenticated'.

As far as emailing anyone and saying the coin IS FAKE, well that's wrong because we really don't know, we are just speculating here.

I do not believe (I am not a lawyer either)that opinions can get you in trouble. Stating a coin is a fake as a fact, that is malicious and is a crime, but I don't think anyone here has done that, only the suggestion that perhaps one might want to authenticate.

Some of these poor souls buying this stuff don't know! and as a good member of the coin community I almost feel it is my DUTY to inform, someone is being hurt here!

If I saw a person on the street being beaten for his money I would do what I could to help!

I see these situations as analogous

Further, as one said before they MUST BE STOPPED (if they are counterfeits) and the only way to be sure is if the buyers have them checked. Once we know for sure it is OUR DUTY as coin numismatist's to do something about it!

I respect your opinion as well but I cannot stand idly by.

Fast Eddie

Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 04/14/2008  11:46 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I wasn't saying anyone has, I was just wanting to let everyone know that may be thinking about emailing buyers of this individual to be careful on how they word things because it can get them in hot water, which is my duty as a moderator on this forum because I care about each and everyone here and don't want to see anyone getting into something like that when they were only trying to help
Valued Member
fasteddie's Avatar
United States
96 Posts
 Posted 04/14/2008  11:58 am  Show Profile   Bookmark this reply Add fasteddie to your friends list Get a Link to this Reply
OK great..yes no one should be accusatory, but helpful and if one were to email the buyer I would concur and urge members to be courteous and write with an attitude of concern rather than blame!

Thanks for the clarification Bryan!
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1sikevo's Avatar
United States
1130 Posts
 Posted 04/14/2008  12:02 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
I would only email the person if it beyond doubt that the coin is fake, which in the case of the 1856 FE, I stand 100% behind. They cannot sue you for libel or slander unless you have malicious intent and that what you are spreading is false.
So please be absolutely sure before emailing the buyer. A fuzzy picture by itself may not be good sales practice, but not a reason to call them counterfeits.
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KurtS's Avatar
United States
5318 Posts
 Posted 04/14/2008  1:04 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
quote:
I would only email the person if it beyond doubt that the coin is fake, which in the case of the 1856 FE, I stand 100% behind.


Me too. I have no problem calling that a fake, because that's a certainty.
If the seller comes after me, it's on him to prove that thing is real to have any case of slander.
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jeremymh's Avatar
United States
543 Posts
 Posted 04/14/2008  1:26 pm  Show Profile   Bookmark this reply Add jeremymh to your friends list Get a Link to this Reply
Nice the selers playing the blame game!
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jeremymh's Avatar
United States
543 Posts
 Posted 04/14/2008  1:27 pm  Show Profile   Bookmark this reply Add jeremymh to your friends list Get a Link to this Reply
Oh, he certainly does not seem to concerned!
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Conder101's Avatar
United States
17884 Posts
 Posted 04/14/2008  4:43 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
They cannot sue you for libel or slander unless you have malicious intent and that what you are spreading is false.

No they can sue you anyway even if you have no malicious intent and everything you say is true. They won't win or eventually the case would be thrown out, but you will still be out tens if not hundreds of thousands of dollars in legal fees defending yourself. Ask those who were sue by a certain florida dealer who shall remain nameless.
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KurtS's Avatar
United States
5318 Posts
 Posted 04/14/2008  4:53 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
quote:
Ask those who were sue by a certain florida dealer who shall remain nameless.


What--that ebay seller with his own slabs?! Nice.
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1sikevo's Avatar
United States
1130 Posts
 Posted 04/14/2008  5:25 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list Get a Link to this Reply
First and foremost, this is fraud and/or intent to fraud of a US coin, or a replica, and passing it as genuine, which is illegal. If true, the seller has no legal basis to stand on.
quote:

Manufacturing counterfeit United States currency or altering genuine currency to increase its value is a violation of Title 18, Section 471 of the United States Code.
Possession of counterfeit United States obligations with fraudulent intent is a violation of Title 18, Section 472 of the United States Code.
Anyone who alters a genuine coin to increase its numismatic value is in violation of Title 18, Section 331.

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