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Replies: 30 / Views: 4,058 |
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New Member
Italy
25 Posts |
Hi, i found out 3 coins in my collection, that are 99,9% fake ones, but before throwing them in the trash I just wanted to know if they could have even a minimum value as reproductions... I scanned them all together, back and front, and I'm going to upload here. Ah, I forgot: all of them are attracted by magnet from 100 meters... :) i'll wait for your opinion, bye!  
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Bedrock of the Community
United States
12437 Posts |
The 1861 is a replica of the Confederate States of America Half Dollar, only four examples were minted during the Civil War and the most recent auction sold for almost $900,000. It does appear to be an older replica instead of a modern Chinese fake so it would appeal to some collectors. Unfortunately, I cannot provide any information on the other two.
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New Member
 Italy
25 Posts |
Thanks Biokemist6, yes, I too think that is a good reproduction... I have read much about this coin, and it seems to be a very good replica. Just I have no idea how much I could ask for it... What do You think..? I thought not more than 4 dollars... sorry if I may look venal, but I'm going to sell my collection that's around 150 coins, and I only miss a few evaluations... I also wait curiously for opinions about the other coins, that I don't know so well as this one...
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Pillar of the Community
Austria
566 Posts |
The one in the upper left corner imitates a gold ducat of Emperor Francis Stephen. As far as I know it was not made to deceive, it was issued gold plated as a present with a Reader`s Digest subscription in the 1990s. I have seen it often on ebay and in bargain bins, obviously nobody wants to keep it.
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New Member
 Italy
25 Posts |
Oh great, so now I know what is that (value=zero)! Thanks Coinworldtv!
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New Member
 Italy
25 Posts |
just hoping to know something about the third coin..
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Pillar of the Community
Canada
2519 Posts |
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Pillar of the Community
Thailand
1509 Posts |
Third one: Francis II of the Two Sicilies? Just to get you started.
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New Member
 Italy
25 Posts |
Well, so in order of "identification" the 3 coins should be:
1- 1861 Confederate States of America Half Dollar (silver) 2- gold ducat of Emperor Francis Stephen 3- Italian-States-Naples-Sicily-Silver-120-Grana-1859-NGC-MS62
But since the all 3 are attracted by magnet, they are obviously replicas. Now the question is: since I'm going to sell them together with a collection of other 150 coins, how much could be the value of these 3 copies..?
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Pillar of the Community
United States
1757 Posts |
HMMM ... I guess its good not all people will purchase the GNL Book. That Confederate piece just send me your PayPal E-Mail and I will send you $75 now ...
OK. I will make it $100 ...
John Lorenzo Numismatist United States
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New Member
 Italy
25 Posts |
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New Member
 Italy
25 Posts |
Wait, I am new here so maybe I don'T understand... We were talking about replicas, so that was ironic, wasn'T it..?
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Pillar of the Community
United States
5362 Posts |
Hello Elbarto - There are a few folks on this forum that collect older counterfeits. I have been collecting counterfeits since 1960. As John alluded to - we produced a book devoted to just one type of counterfeit coin last year. I plan a second one in the near future.
There are different kinds of fakes. Some are valuable.
A counterfeit is a coin made to circulate as money alongside genuine coins. These are usually the most valuable type especially when the coins were made a couple hundred years ago.
A numismatic forgery is a fake made to fool collectors. These are usually the least valuable type especially the varieties made in the past 50 years. There is some market for older numismatic forgeries but it lags behind the counterfeit market.
There are other types as well that fall in between like replicas and copies made as souvenirs.
The value of any fake will be tied to the number of collectors interested in the type.
I agree that the least valuable of the three is the ducat - it is a very common item originally made as jewelry or play money. They are NOT deceptive at all. I would say 10 - 25 cents is an average value.
The Italian coin is a typical Numismatic forgery meant to be sold to unsuspecting collectors. It is the type made in the past 50 years. The type typically sell for anywhere between $5 and $15 but this coin is not great looking so $5 is much more likely.
As John points out the Confederate replica may be quite valuable. I have not yet unpacked my reference material for the restrike and replica copies of this coin so I have no notes to work from. However based on what it looks like (tinned or silver plated copper - which should NOT be magnetic) it may date to 1880 to 1900 or so. In that case John's offer of $100 may actually be low. However, if the coin is from the 1950s made in a somewhat different way it would be a $30 item.
How is the confederate piece edged? Smooth, seamed, reeded or rough ground? What does it weigh? Were you serious that it was magnetic?
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New Member
 Italy
25 Posts |
Hi Swamperbob! I was really glad to read your great, detailed, so kind reply; I'm truly thankful. About the first 2 coins: perfect, so now I know that they are around 5 dollars value. Talking about the Confederate replica instead, I'm absolutely serious and sure, saying that the coin is magnetic! 100% magnetic and strongly attracted. Its weight is medium/light... I can not say exactly how much, since I don't have a precision instrument to determinate it, but I can reply to the other last question saying it is super smooth edged. So its look is very good, as You can see... but I suppose that there is no silver in it... So You would confirm that it could be sold for around 30 dollars..? Thanks in advance for your attention.
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Pillar of the Community
United States
5362 Posts |
I have located other photos of the 1861 coin in a variety of grades none of which shows the color change that is clearly present on your example. Early examples would be tinned or silvered copper which is not magnetic. There are very few early counterfeits that are normally magnetic - so unless something else surfaces the $30 estimate is an upper limit of the value at least for me.
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New Member
 Italy
25 Posts |
That's perfectly clear, thanks again! Swamperbob I'm sorry, but I'm here to ask your kind help for one last (but not little) purpose: in a few words, I have a beloved family coins' collection, that is 114 pieces (a few of them in multiple quantity, so the total number would be around 130-140). Some of these coins are really nice, rare and beautiful. I thought that it would be possible to sell it phisically to one person, in the city where I live (who said to be very interested), but he offered a ridiculous low price, and the deal was not possible. Now the question is: may I sell it on this site, and if yes, can I do like multiple scans of 5-10 coins (front and back)...What is the maximum number of coins that I could scan together, in order to have a good quality of the image? (i also have skype and webcam, so an interested customer could check "live" whatever he/she wants to see, and I can arrange a shipping with any big express courier, in agreement with the buyer, plus a payment by Paypal, that is the safest way to send money on line) I'm just new to all this kind of things, I don't even have an ebay account, and I would not know how to scan this big number of coins. I just succeeded in having a honest evaluation for all of them.
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Replies: 30 / Views: 4,058 |