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 Replies: 38 / Views: 5,163 |
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Valued Member
Canada
127 Posts |
"You've obviously been doing your homework.Keep it up,knowledge will prevent disappointment" - thanks DBM and good advice.
I am learning but I just wish there was more written for the novice. I began coin collecting this January. I have worked in the investment field for nearly 30 years and so I realize that it may take years before I can confidently grade coins. My experience has been a real trial and error thing. I think about half of my purchases have been wrong primarily due to wishful thinking. Fortunately making a mistake on a coin is not as expensive as making a mistake on a stock investment. I don't think I will go broke buying coins, but stocks, now that is a different story.
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Pillar of the Community
Canada
2301 Posts |
lambecolin, if you believe that the people are wrong in saying it is a fake even with the images shown and other threads posted......then yes, you are a sucker.
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Pillar of the Community
  Canada
9866 Posts |
Sad to see the coin is still listed on ebay.com must have been reported a number of times by now,usually when nickelsguy gets involved the counterfeit is removed quite promptly. "Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
9866 Posts |
There is another feature of this counterfeit that does not belong on an 1870,and is only found in conjunction with OBV2.
Anybody?
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
2301 Posts |
DBM check your email.
Parkay send me a pm pls.
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Pillar of the Community
Canada
2301 Posts |
ebay allowed the auction to run its course. Please check the feedback the seller has already received from the buyer. ebay then removed the auction but left the feedback. seb3.418 is the seller.
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Pillar of the Community
Canada
1472 Posts |
Nice Mikeymar, I would have paid up if it was cheaper and had seller send direct to RCMP investigators. I forgot about my counterfeitcoinbuyer acct. You are the MAN!! ebay sent me a notification in French. |
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Pillar of the Community
Canada
9866 Posts |
I hope this seller receives more than just a negative feedback for his actions.It was not a case of unknowingly selling a counterfeit.
Meanwhile back to the quiz.
There is another feature of this counterfeit that does not belong on an 1870,and is only found in conjunction with OBV2.
Anybody?
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
1472 Posts |
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Valued Member
Canada
81 Posts |
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Pillar of the Community
Canada
1581 Posts |
Quote:
There is another feature of this counterfeit that does not belong on an 1870,and is only found in conjunction with OBV2.
Bust pointing to C top serif? Obv. 1 is rounded above the top serif. And one obvious problem I hadn't noticed is that the stems of the two lowest leaves of the reverse are MIA.  |
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Pillar of the Community
Canada
9866 Posts |
Not the denticles.
Not the ribbon.
These features could occur on the mythical 1870 OBV2.
Perhaps my question wasn't specific enough.
The answer I am looking for is a feature that can occur on many OBV2s but cannot possibly occur on an 1870.
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
9866 Posts |
You got it dialog_gvf,
I guess you posted while I was on the phone.I should look before I click submit.
The "missing stems" punch didn't happen 'til 1872.
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
04/16/2013 01:03 am
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Valued Member
Canada
293 Posts |
After reading threads like this, it makes me wonder if I'm getting into something too big. Just picking out counterfits could be a whole hobby in itself! I'm really new to all this, but if I end up making a collection that could very well be mostly fakes, I'm debating whether to get out while I'm ahead.
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Pillar of the Community
Canada
2366 Posts |
@GaryN Most counterfeits are concentrated in the very rare/valuable varieties such as the one this thread starts with. 1921 5c and 1966 $1 small beads etc. It is generally not worthwhile counterfeiting coins that only sell for $20 - although even with these you still need to be cautious about sellers who overgrade and misattribute :-). If you're not confident in the coin just don't buy it. If you want added peace of mind for a more expensive coin then spend a few more dollars and get a TPG'd one or buy from an established, reputable dealer (there are a few threads already that list recommendations). Counterfeiting is something to be aware of and cautious about but it affects a very very small percentage of the market. And you can always post pictures here and get a second opinion before you buy! |
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Posted 04/14/2013 08:19 am
