| Author |
 Replies: 20 / Views: 5,116 |
Page 2 of 2
|
|
|
|
Pillar of the Community
 United States
1949 Posts |
Quote:
Any possibility they could have reused die plates from previous years ? I've seen other years with the missing line in A too. This is a tricky piece. It looks like there is a die crack from the R-T in Straits? If I could find another 1877 with that variety, then nothing would jump out at me... You would think that such a major variety would have been recognized earlier on though... Almost looks like the 1872-H Canada 50 Cent with the inverted V instead of A... |
|
Pillar of the Community
United States
992 Posts |
The lettering is not consistent is serif or rotation, check it carefully. The missing crossbar in the 'A' of 'Straits', and the first 'S' of 'Settlements' is slightly different in spacing, and first and second 'E' in 'Settlements' is different. The two '7's are a bit funky.
The 'C' in 'Cents' is rotated or cocked.
The other dead giveaway could be the price you paid for it. Catalog is $4,800 in my not-up-to-date Krause.
|
|
Bedrock of the Community
Australia
21788 Posts |
For a potential value that a genuine coin of this ilk has, due diligence has to be done: (provenance)
Where did it come from?
|
|
Pillar of the Community
 Singapore
631 Posts |
I got it from a LCS, the grading just came back, it's as fake as a Nigerian astronaut in space. Lesson learnt, if it's too good to be true, it probably is, worse thing is I trusted my LCS implicitly. What a  . Edited by Numister
03/07/2016 03:47 am
|
|
Pillar of the Community
United States
992 Posts |
Let us know how you make out with the shop.
|
|
Bedrock of the Community
Australia
21788 Posts |
Plus and minus with fakes such as these.
Destroy it, and take it completely out of the circulation of collectors, so thet they cannot be defrauded.
Keep it, and display it widely such as happened here on the CCF for us all to see, and learn how to identify dangerous fakes.
|
|
Pillar of the Community
Singapore
631 Posts |
I highly suspect my high grade fake has come from the same source as this pic I found on ebay, both coins are UNC and have the same orangey tone. Seller is from SG, China. Singapore is not in China.  Edited by Numister
10/13/2016 11:58 am
|
|
Bedrock of the Community
Australia
21788 Posts |
Well worth keeping, if it IS indeed a fake.
Examine it closely for yourself to learn and know what to look for with such high quality fakes.
I have a specialist fake collection for just such a reason.
Don't get too 'dirty' with your local LCS, but show it to him anyway. It would have been very easy to be deceived with this coin; he should be very appreciative to learn from it himself.
If I was the coin dealer I would have bought it back, and kept it in my own reference collection of fake coins. I would have been happy to educate my customers with it, saying:
"Not for sale".
That is one way a LCS can build trust with his customers.
You must remember that thousands of coins pass through coin dealers every year, and that leaves not much time to examine every coin very closely. Even the best of professional coin dealers have to admit that they can be occasionally (although very rarely, fortunately) deceived by a high quality fake coin. The same could be said for those who slab coins; that is why they employ specialists for the various coin types.
Your local coin dealer is forced to be a generalist by the very nature of his business to enlarge his customer base, and therefore cannot be a specialist in all areas of numismatics.
|
|
Pillar of the Community
Singapore
631 Posts |
I spoke to fellow collectors and other LCSs about this incident, they told me that this LCS has had similar run-ins in the past.
Which makes me believe my LCS knew it was a high grade fake but sold it to me anyway.
|
|
New Member
Malaysia
4 Posts |
I have the original piece of this straits 1877, 5 cents. They use my coin as sample to create fake coin. NGC also sent me an email on this issue by last year.
|
|
New Member
Malaysia
4 Posts |
|
|
New Member
Malaysia
4 Posts |
Tat fake 1877 is based on this coin as sample to imitate.
|
|
Pillar of the Community
United States
513 Posts |
I've started picking up some Straits, Sarawak, Borneo, and other Malaysia-based stuff. Are these commonly faked, or do I not need to worry too much except for the higher end stuff? I see lots of low end, undesirable coins, and very few "medium" and high end, desirable coins.
What's the popularity of these series (serieses? seria? what's the plural of series?)
|
|
Pillar of the Community
Singapore
631 Posts |
beachstarss, how did the forgers get hold of your coin to make counterfeits ?
|
|
Pillar of the Community
Singapore
631 Posts |
Garoyn, they are faking everything nowadays. Run for the hills.
|
|
Page 2 of 2
|
Replies: 20 / Views: 5,116 |
Page 2 of 2
|
First Page
Posted 03/06/2016 10:40 pm
