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 Replies: 9 / Views: 1,678 |
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Pillar of the Community
United States
2797 Posts |
Last week I noticed an obvious counterfeit Seated dollar being offered on ebay without the required disclaimer. I emailed the seller and ebay about the problem. The seller listed an 1848 CC dollar. I advised that Carson City did not begin minting dollars until 1870. The seller thanked me for bringing this to their attention and revised the listing to include that the coin was not genuine. This was done at least three days before the auction closed and the high bid at the time was around $25. Want to see how it ended? http://cgi.ebay.com/ws/eBayISAPI.dl...WA:IT&ih=006 |
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Pillar of the Community
United States
7123 Posts |
Ok brand new buyer ? but really there is no way of knowing their interests ,, some folks collect fakes and its possible that this person or those others bidding knew something about that particular coin /fake that we don't .
Metalman
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Pillar of the Community
United States
1840 Posts |
It must have been the slab that boosted the price!
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Pillar of the Community
United States
1000 Posts |
Not being familiar with the history of that coin myself,
I would guess the buyer and bidders:
1. Hoped that it was real just not from CC.
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2. The Seller said "It probably is not genuine but it is Silver" So maybe they were bidding for the "Silver"
$80+ is alot for #2 so I am just grasping....
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Pillar of the Community
 United States
2797 Posts |
This coin is a counterfeit. The 'CC' mintmark can be seen on the reverse ... and from the pictures it appears to be a "cast copy". I would bet dollars to donuts that the silver content is '0'. These usually sell anywhere between $7~$12. I picked up a much nicer 1872 for about $7. My point in sharing this is despite my best efforts, some fool shelled out over $80 for a $10 novelty. That is their right and I won't take that away from them. But sometimes you just have to laugh.  |
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Pillar of the Community
United States
7123 Posts |
quote:
I would bet dollars to donuts
Oh man that bet brings back memories ! I have not heard it for a lot of years when we made daily bets on total yardages when I was installing floorcoverings in my late teens and early twenties ! But of course your right about the fake coin ,,but I always hope that the buyer had good reason for paying what they did for something like this ,, its really depressing to think that they did it out of ignorance . Metalman |
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Pillar of the Community
United States
2797 Posts |
Metalman ... the reason you don't hear the "dollars to donuts" expression anymore is that the price of a donut is darn near a dollar these days! That phrase was popularized in the movie "State Fair" ... do you remember the song?  |
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Pillar of the Community
United States
2443 Posts |
He should realize that if it's fake then it's not going to be pure silver. He should of ended the auction and not change the description. I'm surprised that ebay didn't take it down. Oh ya, Dave your "a coin man". That just sounded weird. |
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Pillar of the Community
Australia
877 Posts |
As most of the bids were after the seller posted the extra information you just have to assume the bidders knew something we don't -or are incredibly stupid. Take your choice of opinion.
Jeff
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Bedrock of the Community
United States
14454 Posts |
I had to read it twice because at first I thought he was calling him a con man
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Replies: 9 / Views: 1,678 |
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Posted 11/13/2007 2:21 pm
