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 Replies: 24 / Views: 2,146 |
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Pillar of the Community
 United States
2724 Posts |
quote:
I'm not embarassed to admit I am more ignorant that knowledgeable. And I can't spell either.
You and me both  |
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Pillar of the Community
United States
1247 Posts |
I'll bet that 78S won't have the correct count.[:p]
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Rest in Peace
United States
2884 Posts |
This post really got me digging through my books on counterfeiting. I am very leary of Trade dollars to begin with and truly would have been fooled by those you posted. Thanks for yet another great learning experience! Mike, Peace |
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Pillar of the Community
United States
1247 Posts |
Ooopsy-daisy. Meant to say, I bet the 78S won't have the correct *reed* count. Does anyone see any reeding on it, I don't.  |
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Pillar of the Community
United States
2724 Posts |
While Trade dollars were picked for this thread, there are countless counterfeits in all the series. I currently have counterfeit Ikes, Walkers, Jeffersons, Washington quarters, Colonials, Morgans, Peace dollars, Barber dimes, Quarters, Halves, Mercury dimes, Seated quarters, Halves, Dollars, Lincoln Cents, Indian cents, Sac Dollars, and more. Most would not fool a collector, but would fool anyone just getting started. A few years ago, the secret service questioned ebay about fakes. ebay made public statements that the percentage was very small, something like 1%. So how many coins are sold on ebay each and every day? |
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Forum Mom
 United States
5877 Posts |
A few years ago, their number might have been correct. That was before the Asian fakes were also being sold by US sellers. Now, US sellers have purchased these fakes and are unloading them here. The numbers are significantly higher now. Couple that with the fact that some honest sellers were lost over the fee increases and ebay's unwillingness to police their site which has caused it to continue to grow worse, and I predict those numbers to be significantly higher now. |
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New Member
United States
15 Posts |
What is amazing about the first four examples is that, in my humble opinion, these are modern fakes as opposed to 19th century or even early 20th century fakes. It would not surprise me if the seller has a relationship with whomever produced them. Look closely, they appear to have all been cast by the same individual.
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Pillar of the Community
United States
2724 Posts |
I believe that you are right. These fakes get churned out by the thousands and recirculated through various online auctions on a regular basis. It does not take a lot of numismatic experience to spot these fakes, but how many new collectors fall to this scam because ebay does nothing to stop them? |
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Forum Mom
United States
5877 Posts |
TOO MANY!!! |
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Replies: 24 / Views: 2,146 |
First Page
Posted 05/17/2005 6:17 pm
