| Author |
 Replies: 37 / Views: 3,455 |
Page 3 of 3
|
|
|
|
Pillar of the Community
United States
3276 Posts |
Well congrats on the nice find seateddime! Obviously you caught something that none of us would have seen. Good job!
|
|
Pillar of the Community
1028 Posts |
I didn't realize there was a difference between the seated reverse and barber reverse (I don't collect either series). I just agreed it was rare because all Seated dimes are generally rare in terms of finding a specific date. Then, I didn't realize this coin was a fake. Then, I didn't realize that the fakes are worth more money than the real coin---and this part still makes absolutely no sense to me, can someone explain that? All in all, this is the most confusing thread I've ever posted in :) |
|
Valued Member
 United States
161 Posts |
heres another one.  an 1844 dime is a scarcer date, obviously wouldnt fool anyone that is even remotely familiar with what an 1844 dime should look like, although it was in a dealers stock as a genuine coin! this one is many times as scarce as any "real" 1844 dime. again, these werent made to deceive collectors, they were made to spend. Edited by seateddime48174
10/27/2011 1:31 pm
|
|
Rest in Peace
United States
10625 Posts |
I've heard of large cents being produced for use in circulation from dies that were put out to pasture. I did not know they produced non government issue Seated dimes back in the day for use in circulation. Interesting... |
|
Bedrock of the Community
United States
10635 Posts |
Did you weigh it? Why would a counterfeit use silver?
I agree with captainfwiffo... how do you know it's not a modern counterfeit?
|
|
Valued Member
United States
161 Posts |
it wouldnt make any sense for the chinese to counterfeit 1888 dimes. additionally, the modern chinese counterfeits dont look anything like this one. finally, I know enough about the counterfeits to know which ones are modern and which ones are contemporary.
|
|
Valued Member
United States
161 Posts |
actually dave, just about every US coin has been counterfeited for use as money. even 20c pieces.
|
|
Rest in Peace
United States
10625 Posts |
This does not surprise me having read how much of a shortage of small denomination coins there was during certain periods of history. Very interesting information and examples. Also, nice pick on that 1888!  |
|
Bedrock of the Community
United States
12437 Posts |
Quote:
Then, I didn't realize that the fakes are worth more money than the real coin---and this part still makes absolutely no sense to me, can someone explain that?
There should be a clear distinction made between a numismatic fake and a contemporary counterfeit, this coin would fall into the latter category. A contemporary counterfeit is meant to circulate simultaneously with genuine coins of the same type. As a result, these counterfeits are also subject to circulation attrition just like genuine coins and that tends to make them quite rare in most cases since there are almost always many more genuine examples in existence than contemporary counterfeits. The most prevalent example of contemporary counterfeits would probably be the Micro O Morgans. For many years, they were all thought to be genuine mint products and were slabbed by TPGs. Several dates of the Micro Os were finally debunked just a few years ago. At the time they were created, the silver value of a dollar was only 50-60 cents so there was a large profit margin even for full silver content counterfeits. Another example is the famed Henning nickels of the 1940s which can sell for upwards of $100 nowadays. Quote:
how do you know it's not a modern counterfeit?
100+ years of circulation and environmental exposure is much more difficult to replicate than you might think. The vast majority of reasonably convincing modern fakes are high grade circulated to uncirculated, not rough and ugly low grade examples- especially when dealing with a coin that should otherwise be common as dirt  Edited by biokemist6
10/27/2011 4:55 pm
|
|
Bedrock of the Community
United States
10635 Posts |
So, looking back on the title of this thread, it's not about the scratch at all or filling the hole in the Dansco, it is seeing if anyone could spot the counterfit without prompting? Well, good job, you fooled us all!
|
|
Valued Member
United States
161 Posts |
LOL at merc ... this thread was not an attempt to fool anyone, more of an attempt to teach
|
|
Valued Member
United States
161 Posts |
excellent presentation biokemist6, I might also add that in the 1800's the secret service was VERY aware of counterfeit coins and actively pursuing them as well as those creating them. which was also a contributing factor to the scarcity today.
|
|
Pillar of the Community
United States
3276 Posts |
Cool, I've learned a lot from this thread. didn't know there were different kinds of counterfeits. So I guess henning nickels would also be labeled as contemporary counterfeits. And they are worth several times more than the regular mint made nickels. Interesting.
|
|
Bedrock of the Community
United States
20753 Posts |
Quote:
it wouldnt make any sense for the chinese to counterfeit 1888 dimes. additionally, the modern chinese counterfeits dont look anything like this one. finally, I know enough about the counterfeits to know which ones are modern and which ones are contemporary. Wouldn't makes sense to many of us but they also make counterfeited soap, toothpaste, batteries, flashlights, tires, cameras and even toothpicks. So why not almost any coin? I wonder if they could and/or are now making our Cents for less than we could. |
|
Pillar of the Community
United States
3234 Posts |
[Deleted to do posting on wrong thread.]
Edited by Prethen
10/28/2011 8:22 pm
|
|
Page 3 of 3
|
Replies: 37 / Views: 3,455 |
Page 3 of 3
|
First Page
Previous Page
Posted 10/27/2011 1:26 pm
