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 Replies: 23 / Views: 13,263 |
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Forum Dad
 United States
24171 Posts |
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Pillar of the Community
Canada
1931 Posts |
wow!! I have to be honest here, those pictures make me a little sick to my stomach, horrible that people can only make their fortunes so dishonestly.
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New Member
 United Kingdom
5 Posts |
hi bobby
looks very convincing, how do the make them look 150 years old and can they still make a profit when they must be selling them for a few cents based on what I paid.
david chivers
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New Member
Canada
17 Posts |
I,m glad I saw this post. Really makes you wonder. I have a counterfit 1851 20 Dollar California gold piece. It,s obviously not gold. A dealer told me it was counterfit and that there was alot of counterfitting in those days. He wanted to buy the coin as he said there was an unidentifiable metal in it. On the crown it says BALDWIN where most coins say liberty. Its one of my favorite coins, so I did not sell it.
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Moderator
United States
23522 Posts |
Quote:
looks very convincing, how do the make them look 150 years old and can they still make a profit when they must be selling them for a few cents based on what I paid. "Weathering" a coin is relatively easily done. Remember, given the intrinsic value of a Trade dollar, it only needs to be identifiable to be worth a substantial profit. Many of these find their way to ebay, where unknowing buyers pay good money. Undoubtedly, a large number of counterfeits have a proud place in the collections of less-educated collectors. They cost almost nothing to make; chances are, whatever costs their manufacture incurs have been paid for by prior sales anyways. One decent ebay sale pays for 10,000 more like yours. |
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New Member
United Kingdom
5 Posts |
thanks for the information on weathering, however I still don't understand why someone would go to such great lengths but put the wrong date on the coin.
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Pillar of the Community
United States
2443 Posts |
Quote:
It is interesting that a Biokemist is almost certain without a test. Reminds me of a french professor who thought it was impossible for Northern Ireland to beat England at Soccer. He did perform a test, that you actually provided. The look test. And it failed. I looked at it and without even having to look in my book I can tell it's fake. As to it's age, it's anyone's guess. This things have been counterfeited since they were first made and they're still being counterfeited. A laboratory might be able to test it to find out what type of material it is and how old that material is(doesn't necessary mean that's when the coin was made). All of this would be very costly of course. |
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Pillar of the Community
United States
2443 Posts |
The reason they put the wrong date is because they don't know themselves or don't care to do the research and they know that there still will be buyers for it. They even have our quarters which were minted from 1932-1998 and they're as big as dollars and have dates like 1900.
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New Member
United Kingdom
5 Posts |
Thankyou for your interest. However he did opinionate without having seen the photographs initially.
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Pillar of the Community
United States
2443 Posts |
If so, my bad then. Didn't now that. But chances are that if it was bought overseas then 99% it's fake.
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Moderator
United States
23522 Posts |
Quote:
The reason they put the wrong date is because they don't know themselves or don't care to do the research and they know that there still will be buyers for it. This. If we seem to be overreacting to your posting, please understand that unknowing coin collectors are being duped by these "coins" every single day. It's not that they don't know enough about coins (although they don't), it's that they don't understand the rampant fraud in certain areas of numismatics, especially ebay. As a result, we regularly have the uncomfortable duty of telling someone that they've just thrown away a substantial sum of money on a worthless coin from a counterfeiter. We regularly nuke trolls of that type, attempting to establish themselves on Coin Community. The membership never sees most of them, but every once in a while one manages to actually post here. Given the situation, many knowledgeable numismatists are rather vociferously anti-counterfeit, an attitude which I understand without sharing. |
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Bedrock of the Community
United States
12437 Posts |
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However he did opinionate without having seen the photographs initially. I was not stating opinion, I was stating fact. Mintage of Trade dollars started in 1873, two years after the date of your coin. Carson City(CC) only minted Trade dollars from 1873 to 1878. As you can see, regardless of whether your coin was from 1871 or 1881, it simply cannot exist because neither were ever produced by the US Mint- that is how I know it is a fake without a picture. If the coin you pictured had a legitimate date and mint mark, I still would have known it was fake because of design discrepancies. |
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Pillar of the Community
United States
2797 Posts |
David,
Welcome to the forum. As many have already stated, the coin is not genuine. I have one exactly like yours that I picked up in a shop in Bahrain ... just over the causeway from Dahran. It was made by casting with pot metal ... no silver at all and most of these come right out of the mold looking like yours. Interesting conversation pieces, but it won't fund your retirement.
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Moderator
United States
16679 Posts |
The date will tell you it's a fake. Those Chinese counterfeits will convince many a novice collector. That is really sad. I hate to see that.  swcoin.ecrater.com
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Valued Member
United States
77 Posts |
WOW. Those pictures make you wonder.
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Replies: 23 / Views: 13,263 |
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Posted 07/09/2008 6:21 pm
