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 Replies: 15 / Views: 4,374 |
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Bedrock of the Community
United States
10982 Posts |
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Valued Member
United States
52 Posts |
I surely wouldn't buy one, but I wonder how they can even get away with this. It should have "COPY" somewhere.
$110 can buy me 5 ounces of Real Silver
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Pillar of the Community
United States
1418 Posts |
I say it doesn't need copy, because the Peace dollar series ended in the 30's, so it's not a date in the series. |
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Bedrock of the Community
United States
17884 Posts |
He better add COPY. From my reading I would say he is in violation of US Code Tile 18 Sections 485, 487, and 489. It is also in violation of the Hobby Protection Act (Title 15 Chapter 48 Section 2101 (b) ) which requires it to have copy on it because it fits the definition of an "imitation numismatic item"
Section 2101 (b)
(b) Coins and other numismatic items
The manufacture in the United States, or the importation into the United States, for introduction into or distribution in commerce of any imitation numismatic item which is not plainly and permanently marked "copy", is unlawful and is an unfair or deceptive act or practice in commerce under the Federal Trade Commission Act [15 U.S.C. 41 et seq.].
Title 15 Chapter 48 Section 2106 definitions
(4) The term "imitation numismatic item" means an item which purports to be, but in fact is not, an original numismatic item or which is a reproduction, copy, or counterfeit of an original numismatic item.
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Locked
822 Posts |
Well, in a matter of 10 seconds I just lost every single ounce of respect I've ever had for Daniel Carr. IMO, this is completely irresponsible and all of his attempts at justifying it won't change my mind. He's on my blacklist.
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Bedrock of the Community
 United States
10982 Posts |
I agree with Conder101. The piece should say "Copy". There were 1964-D Peace dollars struck. None have been reported in private hands, and the Mint claims all were melted, but rumors persist that 1 or 2 escaped melting and the "owner" can't legally "own" them so they've never been reported. |
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Bedrock of the Community
United States
12437 Posts |
I see this coin as a fantasy piece, not a reproduction or copy or whatever. According to the Mint, all examples were destroyed and one was not even saved for the National Numismatic Collection! How can it be considered a copy if the real thing does not even exist?
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Locked
822 Posts |
Quote:
I see this coin as a fantasy piece, not a reproduction or copy or whatever. A fantasy piece is something that never existed. Over 300K of these are known to have existed. Quote:
According to the Mint, all examples were destroyed and one was not even saved for the National Numismatic Collection! How can it be considered a copy if the real thing does not even exist? Two completely unrelated things. Copies have zero to do with current existence. The Hoover dam could collapse tomorrow, doesn't mean we can't build a copy of it because the original doesn't exist any more does it? What if this coin was made before the originals were destroyed? Does it cease being a copy when the last original is destroyed? It's a copy. No bones about it. Edited by scubu
09/20/2010 3:14 pm
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Pillar of the Community
3660 Posts |
From The PCGS archives:  |
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Locked
822 Posts |
So what does that change?
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Pillar of the Community
United States
2335 Posts |
I wouldn't buy one & I do think it needs copy on it. On a side note, I happened to be channel surfing yesterday & came across the HSN coin show. The item they were selling was a 2009 ASE that had been overstruck by Daniel Carr to look like a proof. They had added the initials DC to the reverse to distinguish it from a mint product. They also made a huge deal out of him striking it on a surplus Denver mint press. I wasn't impressed with that product either. |
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Pillar of the Community
United States
1534 Posts |
There's a monster thread on the CU forums about this and it seems a lot of people are against it and a lot don't see anything wrong with it. It does seem that these are popular though, and apparently a lot of people bought it.
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Pillar of the Community
United States
2661 Posts |
I would buy one if it was like $2 or $3, but not $110 for it. I can get them at the flea market down the for $25 if I wanted one that bad.
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Pillar of the Community
United States
1055 Posts |
you can forget it at $110, I have never been a fan of fantisy coins, but do think it needs to have copy or reproduction on it as there were real coins minted with the same date (even though they were destroyed) an entire series was minted using the exact same design.
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Pillar of the Community
United States
1534 Posts |
There are some precautions that Daniel Carr included on the coin to make sure that these aren't passed off to a newbie as real, IIRC under the D MM there is "RP" if you look closely and one of Liberty's hair spikes was changed...however those admittedly are minimal changes and a new collector or someone who doesn't collect could easily be fooled.
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Pillar of the Community
 United States
2448 Posts |
Fantasy just ain't what it used to be. My Ovaltine decoder ring was free, and it was an original.
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Replies: 15 / Views: 4,374 |
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Posted 09/20/2010 07:56 am
