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What If? Reverse Counterfeiting Strategy

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howell1018's Avatar
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756 Posts
 Posted Yesterday   3:21 pm 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
United States
192314 Posts
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12400 Posts
 Posted Yesterday   9:18 pm  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
Yesterday 9:20 pm
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howell1018's Avatar
United States
756 Posts
 Posted Yesterday   9:40 pm  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, worth many times the half ounce of gold.
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Greasy Fingers's Avatar
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7179 Posts
 Posted Yesterday   10:36 pm  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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commems's Avatar
United States
12400 Posts
 Posted Today  1H 6M ago  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
I fully understand the premise, but it has so many specifications issues that it seems as if it would be incredibly risky/foolish for someone to attempt to pass a silver-plated 2026 coin off as an original from 1916.



Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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