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Replies: 27 / Views: 2,447 |
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Pillar of the Community
United States
784 Posts |
Sorry, this is hasty. Have a potential deal to purchase for $100 each. Not my pics. I've only ever collected modern coins so I don't know how to tell if these are real or not or what to look for? Any info would be greatly appreciated! Russ 
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Pillar of the Community
 United States
784 Posts |
Ok, so after an initial search on the site here about these coins my first HUGE red flag is that it would seem the 1804 dollar has only 15 known examples and they are proofs? So most likely counterfeits?
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Pillar of the Community
United States
1261 Posts |
If a deal seems too good to be true then...
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Pillar of the Community
 United States
784 Posts |
I know and it's killing me though at the same time! I would feel MUCH more comfortable if someone would say something like, 'These dates don't exist in these kinds of conditions, there is NO WAY they are legit...' Someone please slap me with some sense? :)
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Bedrock of the Community
United States
10982 Posts |
Quote: I know and it's killing me though at the same time! I would feel MUCH more comfortable if someone would say something like, 'These dates don't exist in these kinds of conditions, there is NO WAY they are legit...' Someone please slap me with some sense? :) These dates don't exist in these kinds of conditions, there is NO WAY they are legit. 
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Pillar of the Community
 United States
784 Posts |
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Valued Member
United States
149 Posts |
I'm no expert but they look like pretty bad fakes to me. They even look rusty... and those coins definitely shouldn't have iron in them. Definitely stay away.
And there is about a 0% chance some guy happened to stumble upon three coins worth thousands of dollars and is getting rid of them at $100 a piece.
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Bedrock of the Community
United States
10982 Posts |
You are welcome rking007. None of those show wear and all of them are worth tens of thousands of dollars if genuine.
There are a few pieces in the world like those that are genuine, those 3 aren't them though.
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Pillar of the Community
United States
3253 Posts |
Just by the rims and denticles it can be said there are NO "pieces in the world like those that are genuine!"
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Bedrock of the Community
United States
17884 Posts |
Run as far away from the seller as possible, you don't want to get hit by karma fallout.
All three pieces are fakes. The 1804 and 1795 are laughable. That pretty well condemned the 1796 as well but just to check I took a quick look at the standard reference, there are only four obv dies that year and none of them have the star placement that this one does. Three strikes you're out. As novelties the three pieces might be worth 5 or 6 dollars.
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Pillar of the Community
United States
1812 Posts |
Quote: Sorry, this is hasty. Have a potential deal to purchase for $100 each. Not my pics. I've only ever collected modern coins so I don't know how to tell if these are real or not or what to look for? Any info would be greatly appreciated! These were made to scam the public that are not educated in Numismatics and only know they are high dollar coins that used to be advertised in magazines in the 1960's from Dealers offering Thousands of Dollars to anyone having one for sale. This was a sales ploy from the dealers to purchase other key coins that could still be found in circulation back then, like the 1942/1 Merc. or 1955 Double Die, and even 1909s & 1914d LWC's were possible finds. Their ads never mentioned all the fake dollars known and their advertising tactic may have been the start of proposing the Hobby Act Law that required all counterfeits to be stamped "COPY".. I really don't mean to be sarcastic, but if you consider yourself a coin collector and don't realize that these are counterfeits, you may need to educate yourself a bit or you're going to take a hit in your wallet. [I remember seeing those ads in the mid 60's everywhere from match book covers to the popular magazines, and others my age can confirm this]
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Pillar of the Community
United States
1812 Posts |
I forgot to post  to the community
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Pillar of the Community
 United States
784 Posts |
No sarcasm received here! Like I said, I've only been in modern coins as a collector and was just cruising Craigslist for coins and came across it. I jumped here before anything else because, even though I've only been on this forum and collecting for a few weeks, I knew there was some serious brain power here to help me out and I appreciate it! So far, this place is awesome!
I responded back to the guy and told him what I discovered through research, that those are amazingly rare coins and unfortunately his were fakes. I asked him where he got them and suggested he take them back to get a refund rather than pass them someone else. Surprisingly, he hasn't responded yet... hmmm.
Thanks for the welcome too and thanks for letting a newbie post a laughable question without getting laughed out of here!
Russ
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Pillar of the Community
United States
797 Posts |
It looks like a Great Deal!!! For the seller. You did a great thing coming to this site, so many knowledgeable people are willing to help out.
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Valued Member
United States
318 Posts |
Can't you get in big trouble with the Secret Service for even having fake US coins in your possession? No US coin or currency has ever been de-monetized, and they take counterfeiting pretty seriously.
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Pillar of the Community
United States
3283 Posts |
Offer him $3 for them and mail them to Steve Caruso
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Replies: 27 / Views: 2,447 |