1856 $1 Gold Contemporary Counterfeit?

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Author	Replies: 8 / Views: 3,408
eric ramsdell Valued Member United States 258 Posts	Posted 12/10/2015 6:57 pm 1856 $1 Gold possible contemporary counterfeit. Its defanatly a counterfeit its not gold. The coin has Env damage and real wear on it. It appears to be a old counterfeit what I'm trying to figure out is if they made contemporary counterfeits of this coin. I know some have a good premium on them. Edited by eric ramsdell 12/11/2015 5:24 pm Report this Post to the Staff

paralyse Bedrock of the Community United States 12057 Posts	Posted 12/10/2015 9:51 pm Since selling known counterfeits/forgeries is illegal, I'd recommend you omit that part of the post. :) I'm not sure how anyone would have been fooled by that coin, 5 years ago or 100 years ago. It wouldn't have passed for long; gold was much more closely examined than silver. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Report this Post to the Staff
eric ramsdell Valued Member United States 258 Posts	Posted 12/10/2015 10:02 pm people collect contemporary counterfeits there is a huge difference between a China counterfeit and a contemporary counterfeit What is a Contemporary Counterfeit? A coin, usually from a base metal, which was cast or struck from crudely engraved dies or dies made from a host coin from legitimate United States coinage and made to pass for face value at the time of its creation. Modern counterfeits with the COPY labeling or unlabeled Chinese copy artifacts are NOT considered to be Contemporary Counterfeits. Contemporary Counterfeits are an interesting area of numismatics. While it is illegal to own counterfeit US currency, because it's still legal tender, counterfeits of obsolete currency are sometimes worth more than the actual coin (if they were in circulation when the coin was in circulation and are rarer than the original) and are legal to own. Edited by eric ramsdell 12/10/2015 10:12 pm Report this Post to the Staff
eric ramsdell Valued Member United States 258 Posts	Posted 12/10/2015 10:06 pm A contemporary counterfeit is a counterfeit of a coin made during the time of that coin's circulation whose primary purpose, generally, was to pass as spendable money. A modern counterfeit is a counterfeit of a coin made in present day but is usually no longer in circulation, usually for the purpose of defrauding collectors. For example, a Morgan dollar counterfeit made in the late 1800s or early 1900s would be a contemporary counterfeit, as Morgans were being struck and circulated at that time as spendable money. A Morgan dollar counterfeit made today would be a modern counterfeit, as Morgans are no longer in general circulation and are primarily a collector's item. A Sacagawea dollar counterfeit made today would be both a modern counterfeit and a contemporary counterfeit, but with the steady march of time it shall eventually become a contemporary counterfeit, alone. Report this Post to the Staff
eric ramsdell Valued Member United States 258 Posts	Posted 12/10/2015 10:24 pm Even Micro O's on Morgans are considered contemporary counterfeits If that doesn't help here are several for sale on ebay http://www.ebay.com/sch/i.html?_odk...eit&_sacat=0 Edited by eric ramsdell 12/10/2015 10:28 pm Report this Post to the Staff
eric ramsdell Valued Member United States 258 Posts	Posted 12/11/2015 1:21 pm So? This is a coin meant for some one who is really really advanced can anyone help. I need to know if it is infact a contemporary coin. I need to know if there are certain die markers I need to look for I believe it would be in fletchers most likely but I dont have the book on gold coins Edited by eric ramsdell 12/11/2015 1:34 pm Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 12/11/2015 1:45 pm It could be a game counter Report this Post to the Staff
fenton Pillar of the Community United States 4989 Posts	Posted 12/11/2015 5:05 pm The lack of wear and poor quality leads me to believe it is probably a modern fake. Report this Post to the Staff
eric ramsdell Valued Member United States 258 Posts	Posted 12/11/2015 5:41 pm contemporary counterfeits were very poor quality also this coin has plenty of wear its only xf at best the lighting doesn't show it so I put up more pics so u can see. im not really looking for someone just to guess if it is or isn't thats not gonna help on this one I do appreciate the opinions but what I'm looking for is die markers to see if it is or isn't so I know 100% Probably in Flechers book again I dont have one on gold coins and I dont know were to look for this type of coin Report this Post to the Staff
	Replies: 8 / Views: 3,408

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