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Pillar of the Community
Dasaki's Avatar
United States
500 Posts
 Posted 08/27/2013  9:22 pm Show Profile   Bookmark this topic Add Dasaki to your friends list Get a Link to this Message Number of Subscribers
I'm iffy on pretty much everything in the coin case.

Dozens of PMD coins listed as rare errors, even worse than ebay.

Several coins listed as counterfeit with prices to match authentic versions.

A number of un-slabbed key dates priced well under market, 4x 1916-D Mercury dimes for around $150 each..

Yeah, not too keen on this selection.
Bedrock of the Community
United States
20753 Posts
 Posted 08/27/2013  9:30 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Unfortunately due to the coin collecting hobby being one of the few hobbies that lasts and lasts, not easy to find reputable places to buy coins. ebay is sort of a joke unless your lucky or just lucky. Many coin stores I've been to are so overpriced, I sometimes think they should be arrested. Buying on the internet is really sort of taking a chance but people do it all the time. Many people brag about great deals on ebay. Few admit the bad times. Not a pretty picture for a new coin collector. Yet it is a fantastic hobby if you know what your doing. So my advice is to really study, study, study about coins.
Pillar of the Community
amida17's Avatar
United States
4897 Posts
 Posted 08/27/2013  9:44 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

Quote:
A number of un-slabbed key dates priced well under market, 4x 1916-D Mercury dimes for around $150 each..


If real, why did you not buy all of them?
Pillar of the Community
Dasaki's Avatar
United States
500 Posts
 Posted 08/27/2013  9:52 pm  Show Profile   Bookmark this reply Add Dasaki to your friends list Get a Link to this Reply

Quote:
If real, why did you not buy all of them?


Because based on the rest of his stock, I'm not convinced they were real.

Is there anything specific I should look for in fakes? I was considering going back and looking at a half priced below melt.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 08/27/2013  10:13 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Is there anything specific I should look for in fakes? I was considering going back and looking at a half priced below melt.


No offense intended but I would say that if you ask to ask how to spot a fake for them its really not a situation you want to be playing around with. Things that are too good to be true generally are and some of those key date coins can be real good fakes. Even a lot of Mercury dime fans wouldnt touch an unslabbed 1916 d merc much less a severely under-priced one. If the common coins make you suspicious the key dates should make you extra suspicious. From the sound of it I dont think buying those would end well for you.
Pillar of the Community
CoinDan98's Avatar
United States
1053 Posts
 Posted 08/31/2013  01:01 am  Show Profile   Bookmark this reply Add CoinDan98 to your friends list Get a Link to this Reply

good point
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 08/31/2013  01:51 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I won't but big ticket items on the Bay unless I personally know the seller, or the business has a very widely recognized reputation of the highest order.

Lower priced items are often worth the risk, but still need to proceed with caution.

With this as a background, it becomes obvious that education on how to spot fakes is your best defense. If you don't maintain a 'black' collection, and have a specialist library on the subject of fake coins, the next best thing is to invest some time and read all the relevant threads you can find on the subject of fakes, here in the CCF.
Edited by sel_69l
08/31/2013 02:05 am
Valued Member
shootnstarz's Avatar
United States
477 Posts
 Posted 08/31/2013  09:20 am  Show Profile   Bookmark this reply Add shootnstarz to your friends list Get a Link to this Reply
So how would someone go about faking one of these dimes? Do they make a cast from it or try to alter the date? Seems a cast coin, even one in silver, would be fairly easy to spot since there's no way a casting would be nearly as sharp as a minted one.

But you guys, and gals, are the experts. I'm here to learn, and entertain!

Rick
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 08/31/2013  10:46 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Three methods of manufacture of fakes:
casting
die struck
altered genuine coins.
At their best, ALL can be very deceptive.

Hate to scare everybody, but by far and away the best way to identify a fake coin is to
EDUCATE yourself about them. The more any and all of us know about how to spot a fake coin, the better off our numismatic hobby will be for it.
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