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 Replies: 58 / Views: 8,017 |
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Pillar of the Community
Canada
1700 Posts |
I'm just curious: why do people make replica coins? For example: 1933 double eagle on sale on ebay. Why? Who would ever buy them? The 1933 double eagle replica is only a piece of junk gold coin. |
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Valued Member
United States
230 Posts |
I have no answer for you Petersun. I have asked myself that many times. All of my ebay "Favorite Searches" include -copy and -replica. They are a waste of my time when they pop up in any of my searches. |
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Pillar of the Community
Australia
585 Posts |
They make them because they want to make a money and sure enough there is a plenty of idiots who buy it. What really makes me angry, sooner or later some of the replicas are offered for sale as genuine coin.  |
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Pillar of the Community
United States
3540 Posts |
The better they refine the technique of making "copies" the better they will become at making counterfeit. In effect, people are PAYING them to conduct research and development.
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Pillar of the Community
United States
4897 Posts |
Here in the Northeast there are alot of historical sites that sell replicas as educational items. In fact a large manufacturer of replicas is only 20 min from me. from their website."We have been servicing the needs of national parks, museums, theme parks and tourist destinations with quality, authentic-looking replicas since 1965. Contact us to receive a copy of our full catalog." http://www.dorydevelopment.com/ Ithink as numismatists we sometimes forget that not everybody cares as we do for coins. Some people just want a representation of history. Edited by amida17
12/17/2011 11:59 pm
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Pillar of the Community
Australia
7096 Posts |
I hope they have replica or copy minted into them
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Pillar of the Community
United States
4897 Posts |
@Trout_ they would be out of business and the execs. would be in jail if they did not.
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Pillar of the Community
United States
7840 Posts |
I used to think that they were made so collectors could have a representation of something they could not afford. 09-S VDB, 16-D Merc, 16 SLQ, 94-S Barber dime, etc... |
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Valued Member
United States
59 Posts |
I believe there is a need for replicas in some instances, but they need to be marked copies. For hole fillers or history. But the ones that do not mark this, is frauds and should be stopped. I have a few counterfeits but they say copy in a place that is easy to see.
Big Ed
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Valued Member
United States
118 Posts |
Great topic! I always wondered the same thing about replicas> And now I know.  |
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Valued Member
United States
187 Posts |
yeah,i also have wondered about this.It always struck me as a form of counterfeiting.I understand that they must be stamped "copy",but sometimes that isn't so easy to see.
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Pillar of the Community
 Canada
1700 Posts |
When I was first into coins, I almost bought a replica on ebay, not labeled! |
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Pillar of the Community
Canada
3692 Posts |
Only oih82w8 has mentioned what SHOULD be obvious. It's nice to have a copy of what the object would look like in weight and dimension. Museums use replicas for demonstrative purposes. It doesn't mean they're trying to con anybody. In some instances they are not meant to defraud people; it's simply a hstorical service. For example, wouldn't it be nice to have a championship heavyweight belt of a famous boxer? I'll bet more than one person does, but there can only be one authentic copy in existence. The rest is for personal enjoyment.
Edited by Libertad
12/18/2011 4:53 pm
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Valued Member
United States
321 Posts |
I'm with you. I don't collect or buy replicas. I think the biggest problem is that it confuses non collectors who don't know any better. People at work know I'm interested in coins. Over the years I've had two or three of people show me that 1933 replica coin. They look more than disappointed when I let them know it's not authentic. Buyer beware!
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Pillar of the Community
United States
1757 Posts |
Contemporary counterfeits of the realm for the advanced collectors is one thing ... replicas can be an issue in most cases. But they serve a purpose for the very casual collector.
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Bedrock of the Community
United States
20753 Posts |
It is rather apparent that the majority of members here don't like and/or don't appreciate copies, replicas, duplicates, etc.
HOWEVER, there are a lot of people that do just the opposite. And there are numerous reasons for them too.
1. To fill a slot or hole in an Album or Folder where the real one is either impractical or impossible. Example is I have a Folder that requires a 1913 Liberty Head Nickel. Just can't find one in change lately.
2. For some it is fun to show off a coin that has only one or very few ever made or issued. Showing off a 1894S to friends that know coins could be fun if you tell them it's real.
3. Making them is very profitable for those that make them well enough and don't put copy, fake, duplicate on them. The ones from China are all over the place and someone makes money on those.
4. As noveties, large coaster sized ones, they make for coversation pieces. But only if those that you show them to know about coins.
Unfortuately there are many people with those fakes, copies or whatever you call them, in their collections and don't even know. Not only collectors but some dealers too.
Coins today are like almost anything valuable. Famous paintings, rare cars, Beanie Babies, Sports cards, etc. all have been copied to make money or for fun.
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Replies: 58 / Views: 8,017 |
Posted 12/17/2011 10:27 pm
