| Author |
 Replies: 19 / Views: 2,263 |
Page 2 of 2
|
|
|
|
Pillar of the Community
 Poland
3201 Posts |
Sorry, they didn't provide any bigger pictures.. so one has to judge from this one..
Anyway, are Ikes frequently counterfeited?
|
|
Moderator
 United States
189231 Posts |
I cannot imagine anyone counterfeiting an Ike. Not to say it is impossible, just improbable. A contemporary counterfeit seems impractical since by the time the Ike's were minted, the US dollar had lost a lot of purchase power compared to the days that Morgan and Peace dollars were current. A numismatic counterfeit would not be very profitable. The 1971-S is hardly a key date, and the 1971-D is one of the most common dates (behind the 1972, 1972-D, 1976, and 1976-D). However, stranger things have happened! Although I love the Eisenhower dollar, I am hardly an expert on counterfeits. If you could get just this Ike (without the other obvious fakes) for cheap, it might be worth it to buy for educational purposes!  |
|
Pillar of the Community
Poland
3201 Posts |
Well I think it's overpriced.. It was offered for 21 zl while there are proof sets (some of them with Ikes which is why I want one) priced at 25 zl plus shipping.. That's quite a lot for a dubious coin..
|
|
Bedrock of the Community
United States
14454 Posts |
I don't know why anyone would copy one of these coins but I have to say it definately doesn't look right to me
|
|
Rest in Peace
United States
1943 Posts |
The coin looks like it has been thru alot. I also don't know why someone would counterfeit Ikes. I still get them at the local banks now and then. It seems lately they are showing up more. Coin dealers generally won't pay a premium for them so people dump them at the bank.
|
|
Valued Member
United States
372 Posts |
|
|
Pillar of the Community
Poland
3201 Posts |
Oh my that's just unexplainable. Thanks for the information. So in fact one has to beware of the .. fake Ikes  |
|
Moderator
United States
23522 Posts |
Not a chance it's real. In the context of the other items, it's obviously fake. The reverse strike is far too weak even for an Ike and the color is unlike anything one would expect of the coin.
|
|
Moderator
United States
189231 Posts |
Quote:
That's quite a lot for a dubious coin.. I agree. Probably even too much for a real one in that condition! Quote:
Here is one I found quick. He is selling for 99 cents but shipping is $9! What a doofus! Woah! That one is obviously a fake! Quote:
Not a chance it's real. In the context of the other items, it's obviously fake. The reverse strike is far too weak even for an Ike and the color is unlike anything one would expect of the coin. Good point. And after looking at mmerc20's link, this one DK20K found is looking more "off" to me. Edited by jbuck
07/11/2008 5:11 pm
|
|
Bedrock of the Community
United States
12437 Posts |
Quote:
Well I think it's overpriced.. It was offered for 21 zl You are right to think it is overpriced as that is about 10 USD. Even genuine, it would have been a bad deal for you. $10 would even be a bit much for one of the 40% silver Ikes but at least it would be closer in value for one of those instead of the regular copper nickel clad. Even genuine, it would have been a bad deal for you. |
|
New Member
Germany
8 Posts |
Howdy, DL20K, the Ike is definitely a fake! I'm sure, that the weight is around 19 grams, too. The Chinese counterfeits, what ever they see. No matter, if they make profit or not. I have seen Silver Eagles with dates from 1899 to 1908, Peace-Dollars from 1929, Morgan's with 1927 or 1947 on it, Modern Commemoratives from 1906 (Ellis Island) and fantasy coins, too. Here is a seller on the german ebay, who has a lot of such fakes: http://search.ebay.de/_W0QQfrtsZ50Q...sZwasrus1900It's a shame  Edited by MorganDollar
07/11/2008 6:46 pm
|
|
Pillar of the Community
Poland
3201 Posts |
A silver Ike (UNC) is at a stable price of 30,- ($15) here. In comparison, a bad Morgan (VF, for example dated 1921) usually costs 50,- ($25). A good one (XF marketed as AU) 70,- to 80,-. Oh and they are ungraded of course. How are those prices related to those in the US? Aren't these coins overpriced here?  MorganDollar, thanks for the link. I'll take a closer look at them, as I recognize some of them. The "famous" 5 mark 1903J is there too! This one I've seen just too many times offered as an original.. Edited by DL20K
07/11/2008 6:45 pm
|
|
Valued Member
United States
372 Posts |
It's amazing the crap coins they are producing in China, but a shocking amount of very realistic stuff too! I saw a Peace dollar dated 1830 or something. It was so stupid! Mike |
|
Valued Member
United States
177 Posts |
$15 is about double what silver unc Ikes go for in the US. The Morgan prices you quoted are also very much on the high side. So yeah, seems they're overpriced in your area.
As for the counterfeit Ikes, I can't imagine why somebody would bother! The time and effort could be much more lucratively spent on lots of other things.
|
|
Valued Member
United States
311 Posts |
Quote:As pathetic as it sounds, some of the Chinese fake sellers are in fact making (or perhaps experimenting) with Ike dollars. I don't know why since they wouldn't make any money on them. It costs them almost nothing... labor is dirt cheap, and the pot-metal they cast these things out of is even cheaper. They probably don't even have a quarter invested in each one they produce. That's far more profit than most legal products earn. On this one, the reverse is definitely the give-away (along with the dull gray color). Two big things. Compared to a real Ike, the feathers of the upper wing have very high relief, but have lousy definition and detail. They also seem a bit too wide. Second, the lettering in the UNITED STATES OF AMERICA legend isn't nearly as regular and precise as it should be. Consider that somebody took a negative cast of a real coin coin in order to make a mold for this. The fine lettering, with its hard edges, did not transfer well to the mold media, so someone had to re-etch the lettering by hand to make it show up, and you'll see that this is exactly what happened here- the lines on the letters vary in thickness, and the edges are not sharp. A lot of fakes are like this- in particular, lettering that is engraved into a banner (like the LIBERTY on headbands, or lettering on a scroll) seems to give them a lot of trouble, since it needs to be raised up out of the void in the negative. |
|
Page 2 of 2
|
Replies: 19 / Views: 2,263 |
Page 2 of 2
|
First Page
Posted 07/11/2008 2:35 pm
