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Replies: 21 / Views: 5,581 |
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Pillar of the Community
Australia
4411 Posts |
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Pillar of the Community
Australia
7096 Posts |
UNBELIVABLE $465 for a fake/altered coin. Some people have rocks in their heads 
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Pillar of the Community
 Australia
4411 Posts |
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Pillar of the Community
Australia
1607 Posts |
More cents than sense IMO.
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Bedrock of the Community
Australia
21786 Posts |
Why on Earth would you want to pay more than 10 bucks for a fake of this quality?
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Valued Member
Australia
59 Posts |
about unusable,how do these buyers on ebay get sucked in?
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Pillar of the Community
Australia
869 Posts |
A lot of people are prepared to pay a lot of money for an altered date Penny because it's as close to a genuine as it will get, rather than the bland detail of a Chinese counter-part. I have quite a few with a much better looking date. I have a silvered one, a lead one & numerous altered dates. My initial thing was to get one for the collection. So some people are prepared to pay a huge amount for them.
If anyone wants to see the ones I've got, let me know & I'll take some snaps & post some images.
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Pillar of the Community
 Australia
4411 Posts |
Im keen to see them goatie  This one isn't a very good alteration IMO.
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Valued Member
Australia
59 Posts |
ok goatieman i'll have a look, I have 1 altered date i'll post a pick of that too
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Pillar of the Community
Australia
762 Posts |
Quote: A lot of people are prepared to pay a lot of money for an altered date Penny because it's as close to a genuine as it will get My own theory is that these coins go for a lot of money because the buyer is intending to on-sell it as a genuine coin....But this coin would have to be the most amateurish altered date I have ever seen. 
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Pillar of the Community
Australia
7096 Posts |
Quote: Why on Earth would you want to pay more than 10 bucks for a fake of this quality?
why would you pay anything for a fake regardless of the quality. A fake is a fake is a fake. I tend to agree with MOR's idea that it is purchased with the intent of selling as a genuine coin. All these altered dates should be destroyed and we should never bid on these "pretenders". No serious collector would have one of these within 5 miles of their collection. I have been duped by fakes before and they all suffer the same fate. .243 at 50 meters 
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Pillar of the Community
 Australia
4411 Posts |
I know sel keeps fakes to arm him with knowledge. I think this is a good idea presuming the fakes dont cost much. $450 for a reference coin is stupid. I agree with MOR's theory.
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Bedrock of the Community
Australia
21786 Posts |
Northampton, eh? That's roughly $2.70 per shot, circa 160 grains per projectile, 65 grains of benchmark 11 powder. M.V. ~ 2,300 fps.
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Pillar of the Community
Australia
7096 Posts |
Quote: Northampton, eh? That's roughly $2.70 per shot, circa 160 grains per projectile, 65 grains of benchmark 11 powder. M.V. ~ 2,300 fps.
Geraldton. about $3 per shot.. 60 grains fmj projectile,38.0 Grains AR2206H powder, M.V. 3,812 fps. Does the job  I have used 100 grain partition rounds but there is not much left of the coin, If you can find it with these 
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Pillar of the Community
Australia
515 Posts |
I bought an altered date penny that included a letter from the RAM authenticating it as a non-genuine 1930 penny (an authentic genuine non-genuine coin!). I think that having the letter is the coolest part of having it. I was reading old ACR mags and they talked about what constituted wrongdoings. You were allowed to own these altered coins as they were legitimate pennies, you were allowed to sell them as altered date coins, but if you tried to sell one as a 1930 penny then you were breaking the law.
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Pillar of the Community
Australia
7096 Posts |
Quote: an authentic genuine non-genuine coin They obviously could not remember how to spell Fake  
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Replies: 21 / Views: 5,581 |