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 Replies: 33 / Views: 5,743 |
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New Member
 United States
14 Posts |
I would think that any law enforcement individual or judge would look at something like this, and see it as a piece of history, rather than something a person would use to try and duplicate modern day currency. I'm sure there are probably those out there who would try and feel their oats by channeling their inner Barney Fife, and flag the auction to ebay with their best rendition of a "citizen's arrest"... but, I would hope that they would have the sense not to. LOL Maybe once I have enough posts, I'll auction it on here... or maybe I'll give it a go on ebay, and see what happens. I'll let you guys know what I decide... but spring is when the tax refunds come rolling in... so that would probably be a better time to sell. Right now, Christmas is upon us, so funds for this sort of thing are going to be limited for many of us. Thanks! Edited by n2omike
11/30/2015 2:28 pm
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Pillar of the Community
United States
3843 Posts |
A really cool piece of history! I wonder if Heritage would take this item on consignment or if they would be concerned about the legalities. You might want to talk to a few dealers with knowledge in contemporary counterfeits about the market for this item and whether it can be sold. Brad Karoleff comes to the top of my mind. Maybe the members here can recommend some others.
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Pillar of the Community
Sweden
729 Posts |
You should make a mold in playdough or clay or similar, just for us to take a look at. Surely wouldn't be considered making a counterfeit coin if it's made out of green playdough, right?
Edited by epikur
11/30/2015 4:17 pm
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Valued Member
Belgium
464 Posts |
laws or not i'd prolly would keep it too
i realy like it! never seen anything like it till today :)
Edited by dohcollector
11/30/2015 4:25 pm
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Rest in Peace
United States
7075 Posts |
It belongs in a museum (in my opinion). Then all the experts can study it and write about it. Try the ANA museum in Colorado. There are plenty of ANA members and I'm sure some of the would make contributions for its purchase. Or maybe one member will purchase it and leave it at the museum on permanent loan. It certainly wouldn't hurt to contact them. |
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Pillar of the Community
United States
757 Posts |
While it probably does deserve to be in a museum, I want it. The heck with keeping it locked away in a museum.  As to when the right time to sell it would be. Anyone truly interested in it would probably have the cash on hand at any time. I don't think ebay would pull it as I've seen counterfeit plates sold. If you do put in on ebay post the link cause I'm definitely interested. |
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Moderator
 United States
16679 Posts |
I would consign this to Heritage in a heartbeat. I would suspect that since the Seated dime is not a current issue circulation coin, that this would be legal to own/sell. Buddy has a great point as well. Loan it to the ANA museum. That would be cool too. But, if this would help pay my house off... swcoin.ecrater.com
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Bedrock of the Community
United States
12057 Posts |
I can see this easily into the lower to mid 4 figures with the right audience at a reputable auction.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Bedrock of the Community
United States
17884 Posts |
Quote:
I would think that any law enforcement individual or judge would look at something like this, and see it as a piece of history, rather than something a person would use to try and duplicate modern day currency.
They have been known to be confiscated from museums when they have been on display. So even as a piece of history they aren't safe. Quote:I would suspect that since the Seated dime is not a current issue circulation coin, that this would be legal to own/sell. Nowhere in the law I quoted does it limit it to just current issue coins. Items like this are kind of "underground" items. Cool, in demand, and valuable but not legal to own or deal in like stolen art, coins, etc. There are buyers and sellers but it gets done quietly lest it come to the attention of the authorities. It was the open public auctioning of a 1933 double eagle in 1944 that started all the trouble with those. They had been bought and sold privately before that time and even advertised for sale, but it was the promotion of the coin in the auction that brought it to the authorities attention. Might be interesting to try and find out what it would take to obtain legal authority to own it. On the other hand it might bring down unwanted scrutiny from the government on what else you have. Edited by Conder101
12/01/2015 11:10 am
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Rest in Peace
United States
7075 Posts |
Yikes! This is starting to sound like it's going to be a problem. Anyway ... I thought it was cool so I showed this thread to my husband and he said without knowing all the history behind it that it wasn't worth anything because he could make a replica of that in less than a day - aged and everything. It has been my experience that when he says he can make something there's at least a half-day spent shopping for some new tool.  However, as he explained how he would do it, it did seem very likely that it was possible to makes such an item. Since we have no reason to believe that this particular device is not at least vintage I would suggest getting some advice from Heritage or the ANA. You could spend a fortune trying to find a lawyer who really knows how to handle this. |
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New Member
United States
9 Posts |
As a collector of Contemporary Counterfeit 3- Cent pieces 1851-1862 I still would be interested in this ! This is just a great find, Whom ever gets this will be very pleased.  |
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New Member
United States
14 Posts |
Heritage got back with me, and said this... The best advice we have is to consider donating it to the ANA Museum. This is a device made to produce counterfeit coins , as such we cannot handle it. Soooo... it looks like another avenue will be used to move it. I don't enough posts to send (or receive) forum emails... I clicked the box to be able to receive regular emails from members, but don't know if that is available either. I've got a nice macro lens coming in for my camera, and can have some NICE up close pictures for review... probably within the next week, in case anyone is interested. Thanks |
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New Member
United States
5 Posts |
In my opinion, I don't think you should sell it, even if this is really old.. but are you sure this is for counterfeiting? I don't know much about this kind of stuff, but is there a possibility that this is how they made dimes back in 1854.. I bet it is Counterfeited.. But IMO, I'm saying you shouldn't sell it because someone can start using it to make fake coins to start distributing as real..
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Pillar of the Community
United States
757 Posts |
Get that post count up n2omike In the past I've bought a sealed box, and was surprised with what that box contained  There are some grey areas involved with counterfeit items. You should know who you are dealing with and know they have the integrity to not try and flip them for a profit. My black cabinet collection is completely separated from my main collection and they are all labeled multiple times as being fraudulent. If anything ever happens to me my wife knows that box goes to the local coin club for educational purposes or to be destroyed. I don't want some vulture dealer coming in to underpay her for my items and release that pandoras box into the market. deacon - Did they counterfeit all the 3 cent piece dates? I have 2 1861 silver cast copies like you posted. I've never seen any other date. |
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Pillar of the Community
United States
6370 Posts |
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Replies: 33 / Views: 5,743 |
First Page
Posted 11/30/2015 2:39 pm
