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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/08/2015  3:11 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Good question!

The piece I'm showing is pretty decent, except it does have that old obverse scratch.

I've seen a couple over the years on our local bidboard.

Somewhere in the last few years there was a great article in one of the coin mags with the full story.
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 07/13/2015  02:11 am  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
Makes you wonder if those that were dumped in the river are still there.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 07/13/2015  11:58 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply

Quote:
Makes you wonder if those that were dumped in the river are still there.


I am sure that some of them are. I think that some people go there with metal detectors to try and find some that are still down there. Does anyone know how many he made and what the police did with all those fake nickels when they caught him?
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Scropper's Avatar
United States
702 Posts
 Posted 07/13/2015  1:19 pm  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
Very cool! I've actually never owned one of these. I should fix that, as I have a propensity for contemporary counterfeits and enjoy coins of this period. Thanks for bringing it up and the reminder, Coinfrog!
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pyrbob's Avatar
United States
1943 Posts
 Posted 07/13/2015  4:53 pm  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
"Does anyone know how many he made and what the police did with all those fake nickels when they caught him?"

Supposedly, the sheets of material he bought to punch his planchets were so close to being the correct composition that all of it was given to the mint who melted them down to tweek and reuse for official coinage.
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Earle42's Avatar
United States
10038 Posts
 Posted 07/13/2015  7:21 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply


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Download and read: Grading the graders
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https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/14/2015  3:45 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I seem to recall reading that he dumped some 200,000 into the Schuykill alone, and that less than 15,000 of those were recovered. I can only think that they all must have been destroyed. Many others were dumped into a river in NJ. No doubt many of them are still there, long sunk in the mud.
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