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Replica Coins, Why?

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jbuck's Avatar
United States
189120 Posts
 Posted 12/19/2011  5:48 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
This mean nothing: They make them because people continue to buy them. It is that simple.
It means a lot if you understand simple economics.
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Petersun's Avatar
Canada
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 Posted 12/19/2011  7:49 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
I understand what you mean. What I wanted to know was why people wanted to buy them.
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PlumCrazy814's Avatar
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885 Posts
 Posted 12/19/2011  10:06 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply
Sometimes they are just fun. These are so small it's obvious they are replicas. They could have made them a little bigger.

Replica-Coins,-Why?

Replica-Coins,-Why?

Replica-Coins,-Why?

Replica-Coins,-Why?

Replica-Coins,-Why?
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jbuck's Avatar
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 Posted 12/20/2011  10:49 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I understand what you mean. What I wanted to know was why people wanted to buy them.
Now I understand. I should interpret your full question a bit differently. The first part of your question was "I'm just curious: why do people make replica coins?" (For this part, my original answer still stands). You also asked, in the same sentence, "Why? Who would ever buy them?" I overlooked your intent.

People are buying them, so they will continue to be made. But you want to know why people buy them. I am not sure which came first, the replica maker or the replica buyer; I do not think it matters. People obviously desire them, for whatever reason. My best guess is that they fulfill a fantasy. My next best guess is that some people use them to deceive others.
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oih82w8's Avatar
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 Posted 12/20/2011  11:24 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Whoa! PlumCrazy814 That LWC is HUGE!

A family of four could dine off of that!
Edited by oih82w8
12/20/2011 11:25 am
Valued Member
United States
257 Posts
 Posted 12/20/2011  11:49 am  Show Profile   Bookmark this reply Add wpd7 to your friends list Get a Link to this Reply
I love those minis- they make it seem the real coin just pooped out baby versions of themselves!
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Petersun's Avatar
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 Posted 12/20/2011  10:28 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Does the Franklin Mint make replicas?
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Libertad's Avatar
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3692 Posts
 Posted 12/20/2011  11:40 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
If those coins there are miniatures of the actual coin, then they are not replicas, they are copies. Replicas are perfect copies (and I would dare say that they are not the same as "copies"). Replicas can be misused just like automobiles.
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jbuck's Avatar
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 Posted 12/21/2011  10:12 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
If those coins there are miniatures of the actual coin, then they are not replicas, they are copies
I would not call the minuatures copies. Maybe a parody? For me, copy and replica are synonymous.
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Conder101's Avatar
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 Posted 12/21/2011  10:47 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Does the Franklin Mint make replicas?

They did have a series of mini replica coins many many years ago but nothing recently.
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14ers's Avatar
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 Posted 12/21/2011  2:58 pm  Show Profile   Bookmark this reply Add 14ers to your friends list Get a Link to this Reply
This ebay listing made me think of this conversation.
http://www.ebay.com/itm/26092044672....m1423.l2649
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Petersun's Avatar
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 Posted 12/21/2011  3:50 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Just type in the words "1933 American Double Eagle" and an abundance of results should come up.
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 Posted 12/22/2011  2:02 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Fakes, counterfeits, forgeries, copies, etc. have been around in coins, currency, furniture, cars, planes, windshield wiper blades and almost anything possible.
My faked items are knives made in Pakistan. All look nice but rust as fast as you buy them. So many items are made in China, Pakistan, etc. and so few people realize that.
So many companies advertie their products are made in the USA, YET, probably 75% to 90% of the parts are made in either China or Mexico or ? I really like Duricel, Dinocell, Denocel and on and on until I have no idea how to spell the real ones. So many people want something they can't really afford so a copy, fake, etc makes it all OK.
The only problem I see with all the fake, copies, counterfeits, etc is how many people have them in their collections and don't know. Not until they try having them authenticated.
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PlumCrazy814's Avatar
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885 Posts
 Posted 12/23/2011  7:50 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply
The miniatures I posted did come from the Franklin Mint. Why my Father got them is beyond me. I thought they were neat when I was younger. They did come with information cards for each coin so it is sort of an educational set. A bit more fun than looking at photos, but now I can barely see them even with a magnifier. Some of them did not age well even though they were kept in their case in a dry environment. If I ever get good with Macro Photography, I might get bold and post some more. I think it would be fun to see the discussions about how accurately the original designs were reproduced.
Edited by PlumCrazy814
12/23/2011 7:51 pm
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Petersun's Avatar
Canada
1700 Posts
 Posted 12/27/2011  1:59 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply

Quote:
Sometimes they are just fun. These are so small it's obvious they are replicas. They could have made them a little bigger.


Here's a possibility of why the replicas you have are smaller than you expected.
If the person that made you replica coin made it at the same size of the real coin, then you could sell them at the high price of the original coin, and it would be harder to tell if it's real or not.
There's a reason for making replicas smaller instead of bigger, which is that you could us replica to fill a hole in the collection book.
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