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Counterfeit Canadian Coins!

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Pillar of the Community
Canada
1248 Posts
 Posted 04/20/2009  11:40 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
here is the next 48....... eat your heart out....
just kidding..
HHB

Image: Counterfeit-Canadian-Coins! 1948-2.jpg
100.52 KB
Pillar of the Community
Canada
1248 Posts
 Posted 04/20/2009  11:43 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
and here is the third....

are they all real, fake or?
there is also a fourth...
HHB

Image: Counterfeit-Canadian-Coins! 1948-3.jpg
90.48 KB
Pillar of the Community
Canada
1248 Posts
 Posted 04/20/2009  11:45 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
and here is the # 4

well lets see what will happen and how well you all know your 48s....
HHB

Image: Counterfeit-Canadian-Coins! 1948-4.jpg
83.36 KB
Valued Member
United States
324 Posts
 Posted 04/21/2009  03:10 am  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
Item 4 does not look right. Its the only one with an 8 that does not compare with the rest. The 4 also does not look right. But it seems well made. Do you know the source?
Valued Member
United States
324 Posts
 Posted 04/21/2009  03:20 am  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
From your earlier image of obverses, item D seems off. Its difficult to tell much with such a small image, but there are elements of the portrait that do not look right with respect to the other coins. It matches the specimen finish of your larger #4 image, so I would say it is the obverse of the counterfeit.
Pillar of the Community
glenzy1's Avatar
Canada
1554 Posts
 Posted 04/21/2009  08:27 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
This article is intended to educate the coin collector about the very rare scenario of encountering a counterfeit coin, this possibly is further reduced when buying from a safe place like E-bay, however, it is good to keep the following in mind as a matter of prudence and this will preclude any chance of it happening to you. The best prevention is knowing how to tell if a seller you intend to buy from is someone who you should be wary about. The following are valuable tips which I have gleaned from many years of buying and selling on E-bay.
The tell tale signs are that the sellers are always from a foreign land: China, Japan, India, U.K., Korea, Taiwan, etc. they tend to be new to E-bay, they have several negatives on their Feedback from buyers stating coins received are fakes, they tend to hide the buyers / bidders identity during auction, coins listed are the rarest found in the numismatic field and the coins have the appearance of being made of lead.
If the coin you have purchased is RAW (uncertified) and you suspect it may be counterfeit, the best and simplest way to determine it's authenticity is to weigh it. To determine what the weight is of a Canadian decimal coin, go to the latest 63rd Edition of A Charlton Standard Catalogue of Canadian Coins. At the beginning of each decimal Era the entire description of the coin's composition will be laid out in detail. This will include the designer / engraver's name, coin's composition, weight, diameter, edge, and die axis.
The best way to avoid being a victim of these scams is to always check the sellers feedback. Feedback is a sellers credibility and if it's hidden (private), you must be suspicious of his past dealings. Generally speaking the best way to determine future behaviour is by observing past behaviour. Another must to remember, "if it seems to good to be true it usually is". How many times have you heard this statement in the past? I'm sure all of us have countless times, then why not live by this golden rule. If you see a Canada, 1921, VF-20 nickel for sale at 5 cent start with no reserve, start asking questions?
By challenging, boycotting and reporting these bad sellers to E-bay authorities, I believe we can make a difference in keeping the integrity of our hobby intact.
Also keep in mind that 99.99% of E-bay coin dealers are decent people with good motifs, what I'm only referring to are an extremely small percentile of sellers that are not often on E-bay, however, they do turn up every now and then. E-bay security does an overall good job in weeding them out. If you know the "indicators" on what I've mentioned above, you can avoid being a victim.

Glenn Pinto



Valued Member
Brissyboy's Avatar
Australia
335 Posts
 Posted 04/21/2009  09:35 am  Show Profile   Bookmark this reply Add Brissyboy to your friends list Get a Link to this Reply
Of the 45s I also think A is the fake. Not too sure with the 48s.
Pillar of the Community
xshift's Avatar
United States
2669 Posts
 Posted 04/21/2009  10:35 am  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply

Quote:
The tell tale signs are that the sellers are always from a foreign land: China, Japan, India, U.K., Korea, Taiwan, etc.


Foreign to whom? Canada is 'foreign' to me from where I sit in the U.S. The U.S. is 'foreign' from Canada.

I'm not sure where the data came from that says counterfeit sellers are an 'extremely small percentile of sellers that are not often on E-bay, however, they do turn up every now and then', but I'd sure like to see those stats. Got a link?

Past feedback is only as good as the knowledge of the person leaving it. If the ebay user does not know the coin is counterfeit, they can't leave feedback to that effect. Yes, past negatives should raise a red flag, but even with 100% positives, you have to actually look at the coin and know what to look for. For all you know, the seller may not even know it's counterfeit.

The *only* key to avoiding a counterfeit is your own knowledge. It doesn't matter if the seller is from a hole in the ground at the South Pole - if the pictures are clear enough to tell what the coin looks like and you can apply your knowledge of what the coin is *supposed* to look like, you're much less likely to be taken unawares. Know what you're buying - gain the necessary knowledge first.

I've purchased from sellers in Russia, UK, China, Singapore, Canada, and I could go on. In the beginning, I got a couple coins that weren't quite right (from sellers in the U.S.!) - but that was because I was a happy spending coin buyer without the knowledge to back up my wallet. After my lesson (thankfully not too expensive), I starting doing my research. I brush up and research before purchasing all the time now, because I have so many different countries I like and am not an expert on any of them.

As many, many people have said before now: Buy the book before the coin. Add a dash of common sense and mix well. Rinse. Repeat.

Bedrock of the Community
DVCollector's Avatar
United States
10045 Posts
 Posted 04/21/2009  11:04 am  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
The *only* key to avoiding a counterfeit is your own knowledge. It doesn't matter if the seller is from a hole in the ground at the South Pole

And this is where we can help each other. I've bought coins from a guy in Bhutan of all places--totally honest and legit. But I think what Glenzy is driving at is a pattern emerges with fakes on ebay. As you say--looking at the coin is key. Feedback means something, but then again I've seen bogus sellers with 100% ratings, so it all comes back to the coin.
Pillar of the Community
Zonad's Avatar
Canada
1472 Posts
 Posted 04/21/2009  11:11 am  Show Profile   Bookmark this reply Add Zonad to your friends list Get a Link to this Reply
4th coin is fake, rest are real or real good fake.
Pillar of the Community
xshift's Avatar
United States
2669 Posts
 Posted 04/21/2009  11:19 am  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
Bhutan! Excellent!


Quote:
bogus sellers with 100% ratings


Yes, exactly. You can't take anything for granted - even if a seller has sold thousands of coins to joyful buyers around the globe, who is to say he won't offer his first counterfeit, even unknowingly? Of course, good sellers often have a good return policy that they stand behind, but think of the headache that could be avoided by first knowing what you're looking at, and what you're looking for.

It does, indeed, all come back to the coin
Pillar of the Community
Canada
1248 Posts
 Posted 04/21/2009  11:43 am  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
wel, well...
I will wait a while with telling you which is fake......IF any.... or all?
lets get some more opinons... so far so good....
I will tell you guys that much.... Forgeries are not only from china...
there are forgeries of HIGH end coins from Lebanon!!, yes coins worth 20,000 and more... expeerts have been fooled -old German and swiss, and even, YES US coins.
i will try and dig up the story and what happened to the guys....but.... most coins they made were never found.....perhaps until now.....
more later
HHB
Pillar of the Community
Canada
1248 Posts
 Posted 04/21/2009  11:58 am  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
ok I will lift the suspense. re 1945 fakes or not....
this one is the Fake.... in my humble opinin...
it was posted on ebay. as u see certified by our gods in Toronto.
i asked the seller if he was sure it was real... he loughed and said: it is certified...what else do you want. so we agreed to have a phone call. I explained the situation to him... he agreed that it lo9oked funny..said he would send it back to ICCS... 4 weeks later he re-posted it and called me... apparently ICCS said it was fine....
NOW, compare it with your own pieces...
What happened to the kings nose? and did he get a face lift?
apparently even Royals avail themself to such treatment....lololo

have a great day all

HHB

Image: Counterfeit-Canadian-Coins! fake45s-1.jpg
100.11 KB
Valued Member
United States
324 Posts
 Posted 04/21/2009  5:41 pm  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
"For all you know, the seller may not even know it's counterfeit."

Yep, I bought one of these. Its a cast 5c coin from the late 1800s and fairly well done. I doubt the seller had any clue it was counterfeit. I still have it since it is the first cast 5c counterfeit from that time period that I have headr of. It surprised me anyone would want to produce a cast counterfeit 5c coin even then. It has some wear and grime on it, so it experienced a measure of circulation.

"The *only* key to avoiding a counterfeit is your own knowledge."

Yep again and this applies to anything you buy. Watches, parts for your car, medicine, etc.

"As many, many people have said before now: Buy the book before the coin."

Its surprising how few people do buy the book, and fewer even read the book once they do.

Valued Member
United States
324 Posts
 Posted 04/21/2009  5:59 pm  Show Profile   Bookmark this reply Add mkb to your friends list Get a Link to this Reply
HHB, the resolution of the obverse image of the 1945 $1 coin isn't strong enough to tell whether or not its a counterfeit. The image should have at least enough detail to grade the coin reasonably accurately.
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