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Replies: 57 / Views: 10,732 |
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Pillar of the Community
Canada
2632 Posts |
Can't believe some of the questions here. I agree an in hand inspection of these coins is the best way to see whats going on here. Kafka's- the ring has been re-plated (or something to that effect) and the core popped back in. Northsidety's- either the core was rotated between pics or there is something very wrong with it..fake core. 
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Pillar of the Community
Canada
2784 Posts |
roger they sell counterfeit. Canadian postage stamps on ebay they identify them as such. what would be the differents. I would like to know if I have a counterfeit toonie and want to sell it on ebay. what's the different between a coin and postage stamp
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Moderator
 Canada
10460 Posts |
Quote: what's the different between a coin and postage stamp Seriously? Postage stamps are not currency... one is protected by the Currency Act, and our decimal coinage has never been debased (so it is still, and always, valid).. This is not a contemporary counterfeit we are talking about... But, ignorance is bliss... I am sure your line of defence will work in any court of law, so go ahead and try... if ebay does not yank it down in a day or two I know a few fellows at the RCMP Currency Counterfeit division that might be very interested in your auction...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
2632 Posts |
Quote: what's the different between a coin and postage stamp The business world is not made up of postage stamps. Do you pay your bills, buy groceries and gas ect. with postage stamps? Counterfeit money affects everybody - Counterfeit stamps affect other stamp collectors and are not likely to fool the post office.
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Pillar of the Community
Canada
2301 Posts |
I am honestly shaking my head in disbelief!
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Pillar of the Community
Canada
2845 Posts |
I'm definitely on the far side of the hill so I'm only offering an opinion but in defence the youth of today in this digital and cyber age, I think it's possible that they're less likely to associate coins and banknotes with money and the word "currency" holds little significance.
I'm reminded of an old joke....it used to be that parents would remind their children that money doesn't grow on trees but now it's that it doesn't come out of a wall. Even that requires an updated version because now it's hidden somewhere within a plastic card that just quits working when it runs out!
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Valued Member
Canada
204 Posts |
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Pillar of the Community
Canada
2632 Posts |
I think both coins in this thread should be sent to either SPP or Nickelsguy. IMO
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Pillar of the Community
Canada
937 Posts |
I agree. The Queen's hair is different, the shape of the front of her neckline is different; I would think sending it to either of those two experts would be the best bet and solve the mystery once and for all.
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Pillar of the Community
Canada
532 Posts |
North side I think it's a fake as well. Discrepancies in design. I'd like to add that if they sold current counterfeit coins legally, wouldn't that promote the trade? I'd rather see it stopped or at least a database built so we're all aware as collectors.
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Valued Member
Canada
204 Posts |
Fixguy, I noticed quiet a few counterfeit coins in the 2016 Charlton! and some have even more value then the original. Obviously those coins are much older and from other countries but there is still a market for some counterfeits. So who knows, maybe this toonie could be included one day as collector piece?
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Pillar of the Community
Canada
532 Posts |
I have no doubt there's a market for them but If it were me I'd turn it in. I have no counterfeit currency in my collection. I have errors and varieties. I just have a hard time purchasing something that isn't legit. Imagine if you bought a bullion coin with a face value and found out it was fake. I suppose rarity would play a factor but in today's age something made of plated steel can be mass produced. Not like days of old.
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Pillar of the Community
Canada
2784 Posts |
I am a collector. I don't collect counterfeit. I was at a auction. some time ago I was surprised to see what some collectors. was willing to pay for 2 counterfeit coins. right now in Canada where the big problems is at these estate auctions. there is coins being sold as the real coins later to be discovered as counterfeit. these estate auction house are starting to realize. that they are going to be looking at getting coins tested to verify as authentic. there is links in google explaining this and the issues. they see the only way it can be fixed is to have all coins checked. if you search you can also find that there are auctions that sell these counterfeit coins. they sell at a premium. here is a statement from and investigator that has done a study with the American numismatic association Unlike many of the other fakes on this page, this one is thought to have originated within the U.S., although the possibility exists that it originated in Lebanon, which like China and Bulgaria are centers of coin forgery. Michael Fahey says he has seen more than 100 specimens of this type submitted to ANACS for grading. this is the investigators words One specimen of this type recently sold on ebay, as a counterfeit, for more than $400. The seller had first put it up for auction as an authentic coin, then cancelled the auction and put it up as a "replica." I've also seen this counterfeit type offered for sale as a counterfeit at a major national coin show for $1,000. Most recently I saw it offered for sale as an authentic coin at a major national coin show for $4,300, graded EF-45 but not in the slab of a legitimate grading service. right know I believe I have a toonie it is very thin the colour of the metal is all wrong. but other wise all most perfect. I will try to find out if this is a counterfeit. if it is I will turn it over to the RCMP. I have no interest in have one of these coins in my collection. but these coins are selling. one of the members said it here earlier on this thread. I believe this could do more harm than good. I use to collect postage stamps. when they started to auction counterfeits for more than the original. I could not believe that said that enough for me. what I believe this is going to do to coin collecting is make it very hard to know what is real and what is not my thoughts.
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Moderator
 Canada
10460 Posts |
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
2784 Posts |
if you have a toonie or loonie. you might think its fake. there is and easy test. we use to use the same test for bad insulators. its called a ping test. all you have to do is drop the real toonie or loonie. listen to the sound it makes. then drop a counterfeit. the counterfeit wont ring it will make a thud. but a really one will ring. if you see some one dropping a toonie or a loonie in a vending machine. say the machine does not except the coin 9 times out of ten it is counterfeit. these vending machine sense the metal ping. if the coin don't ping the machine does not except it. so if you are at a car wash or any vending machine. you can find out for sure. plus the drop test works to. there is also a video on you tube describing this
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Replies: 57 / Views: 10,732 |
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