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Replies: 22 / Views: 3,883 |
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Valued Member
United States
341 Posts |
Picked this up this weekend at the local coin show. Dealer didn't know it was bogus until I pointed out the letters & numbers, skinnier and out of line. Got it for under $20  
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Bedrock of the Community
United States
10045 Posts |
It looks like it saw actual circulation--at least more than recent fakes worn down to look that way. 
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Pillar of the Community
Korea, Republic Of
1881 Posts |
Quote: It looks like it saw actual circulation--at least more than recent fakes worn down to look that way. That's exactly why this was worth the $20. It's a contemporary counterfeit made to fool the public not numismatists. It circulated as a half dollar during its life.
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Pillar of the Community
United States
1584 Posts |
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Pillar of the Community
Canada
5417 Posts |
A very nice example of a Contemporary Counterfeit. David Kahn has about 4-6 of these at $50-$100 each. I'd take that at $20 anyday.
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Valued Member
United States
453 Posts |
What were they made from?
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Bedrock of the Community
United States
17884 Posts |
Usually German Silver, an alloy of copper nickel and zinc.
And $20 was a really good deal for that coin. Don't know which variety it is, not sure where my reference book is, but it has to be worth more than $20.
Edited by Conder101 08/05/2014 11:17 am
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Pillar of the Community
United States
4415 Posts |
IMHO, this one's worth at least twice what you paid. I bought a copy of Davignon's book on these last year. If Condor can't find his book, I'll check mine .... Hmmm, where did I last lay it?
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Bedrock of the Community
United States
17884 Posts |
If you bought yours in the last year yours is probably the second edition, mines first edition so you would have more uptodate info.
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Pillar of the Community
United States
4415 Posts |
Located my copy, 2nd edition. Davignon lists 42 varieties of the contemporary counterfeits therein; these for the year 1833. While 37 are die-struck, as the subject piece appears, 5 varieties are cast copies.
This is a relatively new area for me. If I'm reading the die markers correctly, the subject piece bears "OBV. 11 and REV. K." Davignon reports: "No. 463 in Riddell's 1845 monograph. Very Scarce (translates to 3-5 known at present)." Assuming that this piece is unknown to Davignon, the variety could then move it down to the "scarce" category of 6-10 known. As time passes, more of the many varieties will undoubtedly be recorded. Yet, as a general rule, even the most common varieties of these will rarely be held in the average coin collector's hands, I'd venture to say.
Perhaps, another more well-studied collector of these will chime in and either confirm or correct my attribution ...
Edited by ExoGuy 08/05/2014 7:49 pm
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Valued Member
 United States
341 Posts |
Yes, its a D 11/K variety.
I also found a dealer at the show with a "gun" that tells the composition of any metal item. I had him "shoot" the coin and to my surprise, it had slightly over 32% silver, 43% copper, almost 6% zinc almost 2% gold and the rest various metals. Next time I see the dealer at the local show, I am going to bring my collection of almost 70 pieces of contemporary bust halves and have him "shoot" them and record the composition of them all. It should be interesting and enlightening to find out about what the early counterfeiters actually used to produce the pieces.....
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Pillar of the Community
United States
4415 Posts |
That's quite a collection you have going there, Harveypb! Thanks for confirming my thoughts on attribution.
I've long collected unusual numismatic items, and these contemporary counterfeits much suit my interest. As the OP learned, dealers will often cut these loose for modest prices. Like many other forms of exonumia, these will surely increase in value as collector knowledge, thence interest, widens. Also, I'm of the opinion that U.S. type collectors would do well to include one of these in their collection. These contemporary counterfeits speak to the Hard Times era and numismatic history.
Davignon made mention in his book, I believe, that silver dropped below face value in the late 1830's, making it affordable for counterfeiters to mix some in their wares. Their product would then have the "ring" and look more real, color-wise. Davignon's book has some very interesting history and yarns therein. As such, it's more than a catalog, it's a good read!
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Valued Member
 United States
341 Posts |
I had a look at Dave Kahn's website for bogus halves. Unfortunately he doesn't have any pieces that I need. He does get strong $$$ for his pieces. I know Dave, he's a fellow member of the BHNC as I also am.
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Pillar of the Community
United States
4409 Posts |
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Pillar of the Community
United States
2540 Posts |
Meadow
Thanks for the link. Yes, he gets strong prices for his stuff.
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Valued Member
 United States
341 Posts |
I seem to get better prices when I find them myself at the local coin shows. There's at least 3 shows a month down here in South Florida within about 60 miles. There's a 4th show (that would make a show almost every weekend) but its 180 miles (one way) away......
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Replies: 22 / Views: 3,883 |