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Replies: 20 / Views: 5,538 |
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Rest in Peace
United States
18456 Posts |
You know a lot of newbies are buying ASE's. If they receive these counterfeits as the real McCoy's ,they just might lose interests in the hobby. 
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Valued Member
United States
196 Posts |
As a newbie, I was interested in what to look for. As was said, the "zombie look" (the eye is different). Also, the lines by the stars on the obverse are all wrong. And the Y is shaped differently than on a legit coin. And the feather detail on the reverse is missing. I also saw that the serif on the 1 in the counterfeit is much larger than on a legitimate coin. The cap on Liberty is not as well defined on the counterfeit. And the spacing for the 5 in the date is wrong.
I was thinking about purchasing some just to sock away. I'm glad I saw this post.
Edited by JohnDeVito 03/18/2016 12:16 pm
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Pillar of the Community
 United States
1499 Posts |
Quote: How would you not catch this right away? Anyone who has owned a proof American eagle should be able to tell the difference, I could tell right away and I don't have allot of experience with them. A total newbie would have no way of catching this. The piece is packaged in the genuine mint boxes with the Cerficate of Authenticity. Here is what you would see and show or a coin shop. Here is the government package and a slip of paper that says it's real. 
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Rest in Peace
United States
17900 Posts |
Every date of the fakes - every single one - all have a flat left foot. You don't need to look anywhere else. They all have that problem.
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Valued Member
United States
456 Posts |
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Rest in Peace
United States
18456 Posts |
moxking , I don't think a newbie buying that genuine mint package of ASE with COA would be looking at her left foot . Just sayin ! but thanks for pointing that out for the rest of us . 
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Pillar of the Community
United States
1913 Posts |
Even if it was real, I wouldn't have bought it due to the spots.
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Pillar of the Community
 United States
1499 Posts |
How about If they offered it to you for half the issue price? Would you have bought it then, thinking you could flip it?
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Pillar of the Community
United States
1913 Posts |
No. Even if it was real, the spot would have killed the numismatic value. I don't think it would be worth half the issue price.
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Pillar of the Community
 United States
1499 Posts |
Quote: Every date of the fakes - every single one - all have a flat left foot. You don't need to look anywhere else. They all have that problem. Sorry to differ with you, but if this Chinese "woman of the town" has deformed left foot, it's news to me. She has other problems, like a big lump of metal to the right of "B" in "LIBERTY," but on the other end it looks like she's been to "The Good Feet Store."  
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Moderator
 United States
15564 Posts |
Thanks for the photos billjones.  David
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Pillar of the Community
United States
2168 Posts |
I heard about these as well as some Buffalo 1 oz coins. What a shame it has come to this.
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Pillar of the Community
United States
3843 Posts |
If someone were selling a large group of ASEs to a coin dealer (in boxes or out) I see how they could slip a few fakes in and not be noticed until later. Unfortunate that fakes are so widely available for nefarious persons that know where to look. A couple of worthless pieces can take all of the potential profit out of the transaction for the dealer or collector.
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Valued Member
United States
469 Posts |
I just buy silver halves and quarters. I'm sure that they will be next but maybe a little harder to pass off with out a box from the mint
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Pillar of the Community
United States
2168 Posts |
Yes, they are pretty safe but who knows what someone may try. They also don't have the value right now to make. But you never know.
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