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Replies: 22 / Views: 3,709 |
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Pillar of the Community
United States
1308 Posts |
I think I'm officially done buying Morgans from the public. Now that the Chinese have started making circulated & common date Morgans. I'll stick to halves, until they start faking those, I'm certain it's just a matter of time! http://houston.craigslist.org/clt/4969487323.html
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Moderator
 United States
23522 Posts |
They've been doing that for fifty years. What that seller is doing is a felony, by the way.
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Pillar of the Community
United States
814 Posts |
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Pillar of the Community
United States
1566 Posts |
They've been faking coins as long as coins have been around. It's up to the collector to discern what is real and what's fake. It's only the uneducated that get taken in. Yes, that means that a lot of newcomers get taken to the cleaners. I hate to say this... But too many people jump into collecting with both feet before they learn how deep the water is.
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Moderator
 United States
23522 Posts |
Quote: I hate to say this... But too many people jump into collecting with both feet before they learn how deep the water is. That's why CCF is here, to teach people to swim.
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Rest in Peace
United States
10625 Posts |
You need to start collecting Morgans by the VAM and you'll never purchase a fake. 
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Rest in Peace
United States
18456 Posts |
Careful of those half dollars too. Some bust halves known to be fakes.
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Valued Member
United States
498 Posts |
heres a good lesson for newcomers item 371288742746. This seller has been notified about the error listing but he's leaving it up because. an 1875 s quarter in f12 is retail $75.00. Now the NGC label says quarter and its a 20 cent piece which in f12 is retail $150.00. He hopes someone says oh heres a mistake the seller thinks its a quarter but its a third party grader error. its really a 20 cent piece let me grab it. meanwhile you are paying full retail for the 20 cent piece. perfectly legal but I for one never look at any of his coins because of this one listing.
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Pillar of the Community
United States
604 Posts |
Just because the Chinese produce counterfeit Morgans, that would in no way stop me from collecting them. Coin collecting can be seen like climbing a mountain. Wheather your experienced or not, you don't just throw on your boots and start climbing. You need to be prepared for the journey the best you can. The same with coin collecting; you need to have the basic essentials or you'll never make it: 1. Literature 2. Scale 3. Caliper 4. A knowledgeable forum of people like CCF 5. More literature! Later on, your "essentials" will expand into learning how to grade, for example. Never let counterfeits stop you from collecting what you want. You have a whole family of folks here more than willing to help you! 
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Pillar of the Community
 United States
5828 Posts |
Quote: That's why CCF is here, to teach people to swim. I've decided that that is the best quote ever said here, or anywhere for that matter.
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Pillar of the Community
United States
1748 Posts |
Collect bust halves by Overton die marriage, that will pretty much rule out getting a fake into your collection.
Buying PCGS or NGC slabbed coins also helps greatly.
Edited by DoubleEagle20 04/08/2015 6:49 pm
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Pillar of the Community
United States
7390 Posts |
I agree... ccf is the closest thing to having access to a hive mind aside from the Borg
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Moderator
 United States
15425 Posts |
Fully concur that the CCF experts and family contribution are the absolute best weapon to support anyone against the scourge of counterfeits.
Education is the Mission ... support is the tactical response we provide to each other.
David
Take a look at my other hobby ... http://www.jk-dk.art
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New Member
United Kingdom
2 Posts |
*** Edited by Staff - Please review the rules that you agreed to when you registered. ***
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Pillar of the Community
United States
604 Posts |
Thanks mods. 
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New Member
United States
20 Posts |
That's insanely harsh to say, that just because somebody isn't as well educated and don't have the amount of years put in, but still want to collect, that if they do end up buying a fake, they deserve it? Some of the moderators here don't really impress me by what they have to say. I started collecting when I was around 25 and would walk in to these coin shops where there were some 50 year guy who acted like an butt when I would ask a question trying to learn. This is a HOBBY, I don't get this stuck up attitude that some people have towards new people who come along. I'm about 8 years in and I still don't claim to know everything, and if a fake is good enough, I'm sure I'd fall for it. I'm shaking my head that other people agree with that and cheering you on. Wow. Maybe I'm reading what you meant wrong, I hope I am. I was on another web forum a few years ago relating to PM's and had to stop because of the personalities there. Help everyone, and hope they score a good deal.
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Replies: 22 / Views: 3,709 |