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Replies: 36 / Views: 3,385 |
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Bedrock of the Community
United States
17884 Posts |
If you pass or sell the coin as genuine knowing it to be fake, then yes you could be held accountable for restitution and criminal penalties. If you pass or sell it as genuine in good faith not knowing it to be fake you would merely owe restitution, no criminal penalties.
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Pillar of the Community
 United States
1804 Posts |
Stampvirgin Quote:If you get a coin at a bank and sell it and the buyer finds out it is counterfeit and can prove it.. like ebay pictures etc.. You can be held criminally responsible if the Secret Service goes after to you. It doesn't matter where you got the coin, the chain of custody stops with you. Don't mess with the SS.  Now for the rest of the story. Several months ago, I purchased a bag ($1,000) of Ikes. It was full of weird Ikes. Why way out of the normal, for what I was used to seeing. Soooooooooo ... being the good American citizen I am, I called the SS. I got a newbie. He told me he really did not know too much about Eisenhowers ... but he agreed to look at my coins anyway TOMORROW. We agreed on the date, and hung up. Then I called him back and ask would he bring his scales? His reaction was a little crisp. <======= The wag never came ... I am still waiting for his to ring my door bell. There was a lot more going on with this bag that the funny stuff. Save that for another post.
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Pillar of the Community
 United States
1804 Posts |
Conder Quote: If you pass or sell the coin as genuine knowing it to be fake, then yes you could be held accountable for restitution and criminal penalties. If you pass or sell it as genuine in good faith not knowing it to be fake you would merely owe restitution, no criminal penalties. So true So true. Thanks for the reply 
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Pillar of the Community
United States
2651 Posts |
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Pillar of the Community
 United States
1804 Posts |
Jayman........... What do you want pictures of?  Please be specific please. 
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Pillar of the Community
United States
4409 Posts |
How about pictures of some of the Ike dollars you think are fake? You go on and on about how you think they are fake yet have provided no photos for evaluation. Have you weighed them against genuine coins? Frankly I think it is highly unlikely that a bank would have 1,000 fake dollar coins in one bag waiting to unload them on a person. -MV
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Pillar of the Community
United States
1300 Posts |
Aside from Hennings those high value gold coin couterfeits from decades ago and paper money..and china morgans and eagles has anyone seen a fake? I've seen the "copy" washington DC quarters but aside from "bills" who would copy other coins? The mint makes this virtually impossible at least I think so..and the level of people the world wide web and other sources available I would say it would be a well known fact withing a week of someone finding one and having it on a excellent forum like this... I guess I am curious what you are getting at? Show us a what you think is counterfeit
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Moderator
 Australia
16844 Posts |
Quote: ...has anyone seen a fake? I've seen the "copy" washington DC quarters but aside from "bills" who would copy other coins? You'd be surprised to learn that there are plenty of fake Ikes out there. There's a pic of a fake of a rare variety aimed at collectors here in the Ike thread. The Chinese also make more generic fakes as part of their broad suite of fake American dollars and dollar-like objects; you can see one here in this old thread. Fake Ikes work precisely because of the attitude often expressed, "nobody would bother faking an Ike". But it only costs them a few cents to make a fake Ike, so if they sell it for a few dollars they've got their profit. Indeed, they probably help add legitimacy to their other fake coins: "well, I can't tell if the rest of the coins in this album are fake, but that Ike must be real, so maybe the rest of the coins just might be real, too". But someone with contacts with the fakemasters in China could probably order an entire shipping container of fake Ikes, if they wanted to. So while I obviously can't verify Domain555's particular claims, I see it as an all too probable scenario: someone brings in a bag or box of fake Ikes, freshly imported from China, and deposits them; the bank teller, unfamiliar with what Ikes are supposed to look like, accepts them at face; they go in the vault and are given out again in good faith to the next oddball coin collector that asks for them.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
United States
498 Posts |
You are absolutely responsible. Same as selling fake artwork or even knock off coach handbags. It's called fraud and if the buyer signs a formal fraud complaint against you. You had better get a good lawyer. As we all know those pictures can be matched under high power much easier than a forged painting. Being us currency if the issue gets pushed they can absolutely get the Feds to step in especially if your talking a few thousand dollars. Be careful he may be switching the coin and trying to pull one over on you.. I don't know if ebay will get involved but you need to have it sent to ebay or a third party to authenticate that it's the coin in your pictures. It happens all the time on ebay the crook buys a good copy at a coin show for $10.00. Buys a very similar looking coin easy to do with more modern coins and then tells the seller it's fake. When the seller gets the coin back it becomes a he said she said over who sent what coin to who. How's the other guys feedback.
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Pillar of the Community
United States
2651 Posts |
I thought you had "fake" ikes...we would like to see pictures of them.
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Pillar of the Community
 United States
1804 Posts |
MV Quote:How about pictures of some of the Ike dollars you think are fake? This was a few (2-3) months ago, and I opened a fresh bag, and found coins that were different than what I was used to seeing. Being fully aware of the consequence of selling-passing counterfeits. As you can read in one of my past posts, I called the SS. I called within 24 hours of the purchase. The time to ACT was the key to protection myself.The newbie SS, was a wag and never came to his agreed APPOINTMENT time. When I call him back (in 10-15 minuets),I ask him kindly to bring his scales. His come back was in a (we don't care) crisp tone of voice. He was a no show. Oh well..... The gist of this thread was a question about ... =====> getting a counterfeit coin at a bank. Then what?<==== I do not now have ... nor have I ever had ... any counterfeit coins, to the best knowledge. It has been said on this CCF forum ... there is counterfeits out there, in common circulation. I personally agree with that, whoever said it. I do have, and have sold coins, I call errors. I will attempt to sell more to any willing buyer. They sell for more than face. That is OK by me. ebay rules will not let anyone sell counterfeits. Period. I do sell toned coins also. They sell fore more than face, and that is OK by me. ah.... The idea of risking prison time over a $20 ... $100 error coin... well....... If I have offended anyone here I want to offer a sincere apology. If I have broken any CCF rules, I hope I will be forgiven, and instructed to better post on CCF My only defense is I am a newbie.
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Forum Dad
 United States
24170 Posts |
Quote: You are absolutely responsible. Same as selling fake artwork or even knock off coach handbags. It's called fraud and if the buyer signs a formal fraud complaint against you. You had better get a good lawyer. To be fraud, intent must be proven. Simply selling a fake does not constitute fraud.
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Pillar of the Community
United States
2651 Posts |
Do you have pictures of the coins that don't look quite right?
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Pillar of the Community
 United States
1804 Posts |
Jayman...... Quote: Do you have pictures of the coins that don't look quite right? Quote: I have pictures of what "I questioned were weird" --- at the time of discovery. That is why I called the SS boys. As you know, the SS was a no show. After the last 10-15 weeks of study --- they are just error coins. The problem in that bag was there were way too many Toned coins, way too many high grade BU coins, as well as the weird ones. And ZERO silver. I always get a little AG honey in a bag. Quote: ah yes pictures.......
As of yet, I am not able to up load (just any) picture out of my computer picture files.
It takes about 45 minuets to go through all the hoops to get a NEW picture up loaded
I will up load all the pictures I can now ... that I do have in smaller size. The picture that SsuppoerDdave is still working on, is picture # 4 (four)<====
As yet ... I have not seen any comments from SsupperDdave on this coin.     
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Valued Member
United States
319 Posts |
Still posting your PMD coins.... oi.. Quote: It takes about 45 minuets to go through all the hoops to get a NEW picture up loaded What? Takes me 90 seconds, including taking the picture.
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Replies: 36 / Views: 3,385 |