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Chinese Replica 1930 Penny On Ebay

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 23 / Views: 6,867Next Topic Page 2 of 2
Pillar of the Community
Australia
852 Posts
 Posted 07/18/2013  06:25 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list
I can understand jamesmith's frustrations with Catch 22. Teaching newbs how to spot fakes also teaches the forgers how to fix their mistakes, the more the forgers learn means the more that potential buyers will need to learn to spot the fakes.
What happens when all the techniques that those of us are experts at are known to the forgers? Then there will be no reliable way to spot fakes and the only certain genuine coins are those with impeccable pedigrees (and slabbed by first tier graders).
Currently on ebay is a gVF 1930 penny, seller states 5th or 6th finest known (and it is a beauty), not the best images though (low res) but seller states Hi res available to genuine buyers, guess the seller doesn't want to educate the Chinese.
There was even an English reverse penny last week on ebay (looked genuine).
Must be some sellers that are trying to contact buyers but avoiding the high auction fees. A sign of the economy (or failed rare coin companies and their would be superannuation "investments")
Valued Member
Australia
134 Posts
 Posted 07/18/2013  07:46 am  Show Profile   Bookmark this reply Add gweidion to your friends list
This listing (190868628693) has been removed, or this item is not available

Well looks like something happened at least
New Member
Australia
17 Posts
 Posted 07/18/2013  07:57 am  Show Profile   Bookmark this reply Add jamessmith to your friends list
Hi, I also reported that last week penny to eBay(newly discovered London die) because it was also a fake but it timed out before some one was stupid enough to bid. There were obvious problems with the penny, but the most worrying fact was one of the easy give aways in the date had been sorted. I think that and this listing is why I joined this forum- to try to get people aware, or assist in verifying.
As a rule of thumb newly discovered with 1930s coins ring alarm bells with me- not closed mind but alarm bells
Pillar of the Community
Australia
750 Posts
 Posted 07/18/2013  07:59 am  Show Profile   Bookmark this reply Add The Unicorn to your friends list
Nealeffendi, do you have a link to the English reverse penny last week on ebay?
New Member
Australia
17 Posts
 Posted 07/18/2013  08:09 am  Show Profile   Bookmark this reply Add jamessmith to your friends list
New Member
Australia
17 Posts
 Posted 07/18/2013  08:20 am  Show Profile   Bookmark this reply Add jamessmith to your friends list
Hi,Again, It looks like the shape of the 9 in fake 1930 chinese pennies is no longer an easy marker, gotta hit the slops with a coupla mates and scan and snarl at some newish fakes. Without beer googles the 9 looks respectable.
Pillar of the Community
Australia
852 Posts
 Posted 07/18/2013  08:52 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list
Hi Unicorn
jamessmith has posted it ( ebay item no 251298601640).
I am no expert on that year (the only year I probably will never afford) so if James says it is a fake then I will defer to him. Like James the first thing I looked at was the date (it looks good), but the colour of the coin seems a bit off. So have the Chinese gotten better than their obvious fakes and if so why risk it on an English obverse when the Indian wouldn't raise as much suspicion?
Pillar of the Community
Australia
852 Posts
 Posted 07/18/2013  08:55 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list
Should add I meant English obverse and not reverse in my post 2.5 hours ago (oops)
New Member
Australia
17 Posts
 Posted 07/18/2013  7:54 pm  Show Profile   Bookmark this reply Add jamessmith to your friends list
Hi again I know of two I think still current Mint letters saying a London Obverse/London Reverse is correct. (have the dates written somewhere) Hearsay is a third was issued and later withdrawn, but hearsay is urban myth/ glorified gossip.
One Fact is that no 1930 penny was ever authenticated without the London Reverse.
This particular coin had a obviously bad "0" among other points.
At the moment the "0" in the 1930 is probably the second step in any over view, First step that bad 9. That defines it fake immediately, (but I still try to get a scan for future study if I have the coin in hand.) Regards the 0 it in fact has to be More O shape than 0 and with a bit of practice easier to pick than the better done 9s coming out.
All the other steps checks get progressively more time consuming, but now are made visually easier with scanners and magnification.
Attention to detail is the key.
Weight can be another clue. A dimensionally correct coin should weigh in in a very close tolerance to spec. If the dimensions are right and the weight is badly out it means a different composition of metals.
One Adelaide expert- and I defer to him, as I do to the many other "real coin experts"-- I am just a very dedicated observer of detain in my narrow field of passion-- picked a bad coin by the tone of its ring when if was dropped. That was enough to tell him there needed to be more precise checks done to see why.
Every one can become good at picking most fakes, and I am first to suggest going to a Professional of good repute when big $s are at stake if you feel uncomfortable with your own judgment.
Pillar of the Community
Australia
750 Posts
 Posted 07/18/2013  8:54 pm  Show Profile   Bookmark this reply Add The Unicorn to your friends list
Thanks Nealeffendi, I thought I'd missed a whole grouping there for a minute! Yes, that one the 0 is definately more like a 1920 0 than a 1930 0.
Pillar of the Community
Australia
4411 Posts
 Posted 07/18/2013  10:43 pm  Show Profile   Bookmark this reply Add enworb to your friends list
Yesterday I was lucky enough to see one of the 3 certified English obverse 1930 pennies. Resides with some other STUNNING coins.
Pillar of the Community
Australia
852 Posts
 Posted 07/19/2013  01:04 am  Show Profile   Bookmark this reply Add nealeffendi to your friends list
Hi Unicorn
When I went back to have a better look at that English Obverse penny image and compared it to an image of a real 1930 penny I realised that the 0 was not right.
It does look more like the 0 on a 1920 penny, but I can guarantee that it isn't a 1920 penny with the 2 replaced by a 3. For one thing all 1920 English Obverse pennies are FBL and this coin has mildly CBL.
Pillar of the Community
Australia
750 Posts
 Posted 07/19/2013  01:46 am  Show Profile   Bookmark this reply Add The Unicorn to your friends list
definately not a 1920 replaced with a 3. I appreciate your additional info on CBL etc!

My thoughts are that this is just another Chinese Die to beware of.
New Member
Australia
17 Posts
 Posted 07/19/2013  5:54 pm  Show Profile   Bookmark this reply Add jamessmith to your friends list
Hi, my thoughts is Chinese as well, and there is one more give away I am prepare to divulge on that one to those who are prepared to email me rather than put it up publicly, preferably with a reference from their Grand mother saying they are not blabbermouths.

I all ways was taught the obverse was the "heads side" and the reverse had the date in Aussie pennies.

"enworb" congratulations, I have had many achievements re 1930 pennies but only a distant glance at one of those. Are you positive about 3 issued?
As I have mentioned earlier facts on these mint letters are hard to find, and I am also interested in tracking down how many mint letters were actually issued altogether.
I don't have the connections or clout to motivate any one I have contacted at the Mint to find out this, and what date the last was issued- this interests me from a security view.


Pillar of the Community
Australia
2180 Posts
 Posted 07/19/2013  8:46 pm  Show Profile   Bookmark this reply Add Mr T to your friends list

Quote:
Yesterday I was lucky enough to see one of the 3 certified English obverse 1930 pennies.


Out of curiosity, what was the grade?
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