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What If? Reverse Counterfeiting Strategy

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Author Replies: 4 / Views: 102Next Topic  
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howell1018's Avatar
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 Posted Today  8H 24M ago Show Profile   Bookmark this topic Add howell1018 to your friends list Get a Link to this Message Number of Subscribers
I don't know if this is possible, but what if one was to purchase a 1916 Best of the Mint Walking Liberty half dollar, and silverplate it. Now you've got a $50,000+ numismatic coin! I know it's not going to fool a TPG service, and even a novice collector should immediately notice the weight difference, but as PT Barnum famously said, "There's a sucker......"
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jbuck's Avatar
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commems's Avatar
United States
12398 Posts
 Posted Today  2H 27M ago  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Silverplate a gold coin? IMO, such a counterfeiter would quickly find themselves with a coin valued only for its intrinsic value (i.e., no numismatic premium).

Just FYI...

Quote:
...but as PT Barnum famously said, "There's a sucker..."

Today, the Barnum "sucker" myth is seriously questioned. See Commems Collection Classic: Government Officials - Part III for a brief Note on the topic.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
Today 2H 25M ago
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howell1018's Avatar
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756 Posts
 Posted Today  2H 5M ago  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
The idea is that they would have a coin that could pass for an MS genuine 1916 Walker, eorthbmany times the half ounce of gold.
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Greasy Fingers's Avatar
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7178 Posts
 Posted Today  1H 9M ago  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
Would silverplate have that mint luster? No, than you would have a MS-Details (polished) coin
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