| Author |
Replies: 17 / Views: 4,902 |
|
New Member
United States
31 Posts |
Recently received 2 "fantasy coins" in a collection I just purchased. A 1798 Trade dollar and a 1902 silver eagle. Is there a market for these? What's the average price, and are they even legal to sell? 
|
|
|
|
Pillar of the Community
United States
1788 Posts |
Both are fakes. Not fantasy pieces
|
|
Pillar of the Community
Canada
4911 Posts |
although probably intended to be Counterfeits, the dates cannot be found on real examples so I would say fantasy is the correct technical category for them...although I think stamping them "COPY" is still a good idea..wait for better help.
Feel free to call me Will.
|
|
Pillar of the Community
United States
1192 Posts |
I would have to see the back but I don't know how it would not be considered just fantasy. If it was closer to the correct years maybe counterfeit but you talking about over 80 years. As long as the seller are selling it with no intent to deceive and as just a fantasy coin I think it would be ok. Now if the reverse says .90 or.999 fine silver and isn't I would say it leans towards counterfeiting. If you struck a Lincoln Cent with the date 1863 would that he considered a counterfeit? Or would it be obvious it was a fantasy coin.
|
|
Rest in Peace
United States
17900 Posts |
Let's be honest here, folks. This doesn't even DESERVE the title counterfeit. Of fakes. They are just plain junk.
|
|
Moderator
 United States
54280 Posts |
They are worth about 10¢ each.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)
|
|
Pillar of the Community
United States
1192 Posts |
I would agree it would be a pass at a dealers $1 junk box. Maybe .25 idk. The eagle looks so mushy
|
|
Pillar of the Community
United States
4963 Posts |
Quote: are they even legal to sell? Yes. Since they are not imitating real coins, they are not technically fake.
|
|
New Member
 United States
31 Posts |
Awesome, thanks for the info. I put them as a 24hour auction ending tonight. I made it very clear in the description that they are not real coins. I just want to get rid of them.
|
|
Pillar of the Community
United States
4963 Posts |
|
|
Pillar of the Community
United States
1192 Posts |
That can be bad :/ I take a magnet to them pronto
|
|
Pillar of the Community
United States
4963 Posts |
Yes. If they're not silver, don't imply that they might be. That's probably the only reason it's already over $9.
|
|
Pillar of the Community
United States
1192 Posts |
What you will do is message the winner and tell them you made a terrible mistake and you don't think they are actually silver and ask them if they would want to cancel the deal. They will most likely agree and refund their money if they already paid. After that sell them as tokens of base metal. Don't include the world silver in the title or description. Anything else and you could be slammed with a bad review and defective product case and come out of the deal giving them away and gaining a bad reputation. If you test it for silver and make sure it's not plated it one thing. However as other noted I'm 99% it's not even plated.
Edited by Bertensgrad 02/05/2016 7:57 pm
|
|
Pillar of the Community
United States
1192 Posts |
If anyone want to play a perverse game, want to guess how much they will get up to? I'm assuming there will be enough idiots to get it up to $25 and the shipping, Its like a super sad train wreck happening in slow motion.
When you tell them that it's prob not silver maybe send them a link to this thread in it. So that they know you didn't have bad intentions.
Edited by Bertensgrad 02/05/2016 8:21 pm
|
|
Pillar of the Community
United States
4963 Posts |
|
|
Pillar of the Community
United States
1192 Posts |
Sold for $11 hope he does the right thing and atleast talks to the guy
|
| |
Replies: 17 / Views: 4,902 |