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1948 SD On Kijiji

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Valued Member
Canada
403 Posts
 Posted 05/05/2015  1:46 pm  Show Profile   Bookmark this reply Add skip79 to your friends list
I reported it yesterday.
Valued Member
Canada
403 Posts
 Posted 05/05/2015  2:10 pm  Show Profile   Bookmark this reply Add skip79 to your friends list
And Pacific is absolutely right: if buying an expensive, unattributed, and raw coin off kijiji for cheap doesn't raise red flags in your mind (let alone the photographic evidence), then you get exactly what you deserve. I find most people who turn a blind eye to the otherwise very real signs of counterfeits in hopes of scoring it big, are typically the same "get rich quick" hopefuls who also fall victim to other scams, pyramid schemes, and the like. So do yourselves, and all of us a favour by educating yourselves on how to spot and report counterfeits. We all have to do our part to intercept fake numismatic garbage from saturating the market, for the good and future sustainability of the hobby. Ignorance and stupidity is not a tolerable option for any of us. Thanks to T1Steel for sharing this with the forum, and might I suggest to the Forum Admins/Moderators that we create a new forum group dedicated exclusively to Canadian counterfeits, as a way of centralizing, reporting, sharing a knowledge base of discovered counterfeits.
Pillar of the Community
Canada
1192 Posts
 Posted 05/05/2015  2:57 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list
100% fake. Seller surely knows it isn't authentic, or else they'd be asking far, far more than $333/best offer.

As others have said, there is no Santa Claus in numismatics. I would (and have) bought raw 1948 dollars, but you have to have some basic knowledge of counterfeits before doing so. And/or buying from a reputable dealer.
Pillar of the Community
Canada
618 Posts
 Posted 05/06/2015  02:57 am  Show Profile   Bookmark this reply Add lambecolin to your friends list
I reported him yesterday.
Pillar of the Community
Canada
1505 Posts
 Posted 05/06/2015  03:16 am  Show Profile   Bookmark this reply Add purelywasted to your friends list
It is unfortunate that the RCMP are not more interested in this, this would be an easy case and catch
Pillar of the Community
Canada
2632 Posts
 Posted 05/06/2015  10:06 am  Show Profile   Bookmark this reply Add Alexer to your friends list
Most of you who read these posts about counterfeit/fake coins are well aware of the many discussions about a separate forum to post fakes. Yes it would be nice, but who is going to pay the legal bills for the slander? For those who think its so easy to catch these guys, think again. Conviction based on intent to defraud is what is needed along with a stiff penalty but not so easily to achieved.
Perhaps a sub-forum titled 'Replica coins' would be more appropriate, negating CCF or any of its users from Liable.
The problem also stems from private mints legally selling Replica coins such as the one's sold on sites like a_libaba.com or a_liexpress.com
These 2 sites are just a small example of whats out there, not including the 'illegal mints'. Stopping the flow of replicas would be a good place to start, but very hard to stop something thats not illegal.
In the mean time arm yourself with knowledge if you plan to purchase. just another opinion

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 Posted 05/06/2015  10:38 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
What is needed is a HOBBY PROTECTION ACT that has teeth. Sure the CBSA has the power to stop the importation of counterfeit goods, sadly they do not have the necessary expertise. The biggest problem with counterfeit coins, aside from the EASE of importation and the lack of stiff harsh penalties in Canada is the lacking education of most newer collectors , and the real belief that there are deals that are too good to be true.
My advice as a crotchety ,crabby old battle hardened numismatist is this................if you the collector do not take the time and pay the money to get educated in this hobby, you are going to get hammered in more ways than one . The financial hit that a collector can take is huge.
Buy some books and READ them. Deal with a true professional coin dealer who has the following ........
experience ,integrity, knowledge, and stands behind what they sell. If you are spending over a hundred dollars on a single coin, buy it certified by a major TPG or get it certified. Do not buy coins from the above named sites and really ..............stay away from places like Kijiji and Craigs list for more reasons than one.
Today there is more knowledge out there than there ever was when I first started in coins. Too bad the young numismatists today seemingly do not take the time and effort to utilise it all.
Valued Member
Canada
234 Posts
 Posted 05/06/2015  11:59 am  Show Profile   Bookmark this reply Add SolarPenny to your friends list
I wouldn't go as far as to say stay away from Kijiji and local classifieds. As a younger collector I have found really great deals through those outlets. At the same time I know when to stay away/ pass on a deal unless I have enough knowledge about what it is that's being advertised. By no means do I consider myself expert but the wealth of knowledge available online through CCF and other websites has really helped me learn a lot without ever having to actually buy/read a physical book. I do own a 2012 Charlton catalogue that I sometimes use to distinguish between varieties but a quick search online (with sites like coinsandcanada.com) having similar pictures usually helps just as much.


Quote:
and the real belief that there are deals that are too good to be true


There are deals out there that are good that are true. In the last year I have managed to get the 2013 1/4 oz $20 snake coin for face value. I also picked up a group of ICCS graded coins for $50, brought one of the coins I knew was valuable to a local coin shop and he offered me $110 for the single coin. I also got a 1973 LB quarter for $60, it is circulated and has scratches, but I don't think I would have found that quarter in any condition in a coin shop or certified for close to that price.

Knowledge is everyone's best friend in this hobby. If that 48' dollar were real then $333 would have been a very good deal. The seller would have got more for it than bringing it into the bank if he truly didn't know anything about coins. I have heard through a friend of a story where a girl had gotten $1000 face in silver dollars from her grandfathers collection and she went and cashed them in at a bank to use towards her university education. If she would have sold them on kijiji I am sure she could have gotten many times what the bank gave her, and there's always the possibility that she had a 48' in that group.

Deals are out there to be made, but do your research beforehand.
Pillar of the Community
Canada
1980 Posts
 Posted 05/06/2015  7:02 pm  Show Profile   Bookmark this reply Add gidjit to your friends list
i offered the seller $250 for this coin and he came back to tell me he found out it was a fake and is no longer for sale! maybe he didnt know it was fake?
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 Posted 05/06/2015  7:43 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Ya right .
Valued Member
Canada
495 Posts
 Posted 05/07/2015  10:06 am  Show Profile   Bookmark this reply Add macdon to your friends list
Found in an old antique car-- maybe an old sofa from grandma's farm would have been better bait.
Valued Member
Canada
234 Posts
 Posted 05/14/2015  2:51 pm  Show Profile   Bookmark this reply Add SolarPenny to your friends list
Here is another listing on Kijiji that has a 1948, http://www.kijiji.ca/v-art-collecti...ionFlag=true

The color seems off so there is a red flag already. Just have to always be cautious when buying off Kijiji and do research beforehand.

I sent an email asking for close up pictures of both sides but never got a reply.
Edited by SolarPenny
05/14/2015 2:53 pm
Bedrock of the Community
Canada
21627 Posts
 Posted 05/14/2015  3:36 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list
You be the judge. Note missing initials at rear of canoe of
both coins.

Kijiji Dollar

1948-SD-On-Kijiji

Known counterfeit

1948-SD-On-Kijiji
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Canada
5400 Posts
 Posted 05/14/2015  3:57 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Only a hammer head shark would think this stuff is real. come on people if it seems too good to be true".....................
maybe a little history is needed here. the 1948 dollars were all struck (business strikes) in a small time frame in December of 1948. The coins were known to be scarce and commanded a premium from 1949 on. The coin is a STORY coin that even non collectors are aware of. With the exception of some pocket pieces, most are encountered in full EF or Better condition. Those of you who frequent Kijiji and or Craigslist and hope for a score richly deserve the usually predictable outcome.
Valued Member
Canada
234 Posts
 Posted 05/14/2015  4:35 pm  Show Profile   Bookmark this reply Add SolarPenny to your friends list

Quote:
Note missing initials at rear of canoe of
both coins


Good eye JimmyD, I hadn't noticed that, I was just waiting for close up pictures since the coloring already seemed off to me. The Kijiji one is kind of blurry but it looks like the 4 and 8 may have been done better, although it is hard to say. With the counterfeit one you posted the 4 and 8 look way off compared to close up pictures of authentic ones.
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