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1916-D Merc On Craigslist - What A Doozy

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one_fine_dime's Avatar
United States
591 Posts
 Posted 02/04/2016  11:51 pm Show Profile   Bookmark this topic Add one_fine_dime to your friends list Get a Link to this Message Number of Subscribers
From time to time I take a gander on my local craigslist just to see what might be out there. I happened upon this the other day. The listing is very minimal, simply: "1916-D Mercury dime. Key date. Email me offers"

The images provided in the listing are way too zoomed out to barely see a date, let alone a mintmark. So I reply to the ad with "I collect Mercury dimes. How much do you want for this dime? I really need this one for my collection. Also, better close-up photos would help. Thanks!"

He/she replies with "What is the going rate on this coin these days?", to which I say "All depends on the condition, which is referred to as "grade". Sending me very close up photos should help narrow down a reasonable price. Have you asked at a local coin shop?"

These are the images I received today:

1916-D-Merc-On-Craigslist---What-A-Doozy

1916-D-Merc-On-Craigslist---What-A-Doozy
Edited by one_fine_dime
02/04/2016 11:56 pm
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Bertensgrad's Avatar
United States
1192 Posts
 Posted 02/05/2016  12:03 am  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
Yup sounds super scary haha. "Oh I have no idea what this might be worth mister give me a offer." Then they take the offer or ask for a little more. They then meet you and give you a counterfeit or a knife tap and give you nothing but leave with your wallet.

They are playing on people's greed by sounding naive, classic con. It's funny too because for acting like they don't know coins they know how to take excellent pictures of coins.
New Member
United States
6 Posts
 Posted 02/05/2016  02:43 am  Show Profile   Bookmark this reply Add obiejj to your friends list Get a Link to this Reply
I think the picture may be more revealing than the scammer realizes. Looking closely at the rim in the foreground of the upper picture, it appears a 1916 p or s with a well worn rim, and a more recent common date dime with a d mint mark were carefully sliced in half and the 16 obverse was fastened, probably with glue, to the later d reverse. It could be a trick of the eye, but I know it is possible, and that's how it appears to me.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 02/05/2016  06:36 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Well, the D is the wrong shape and in the wrong place, so...
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Coinfusion's Avatar
United States
500 Posts
 Posted 02/05/2016  07:01 am  Show Profile   Bookmark this reply Add Coinfusion to your friends list Get a Link to this Reply
and welcome obiejj

Yes this coin is a counterfeit.
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kanga's Avatar
United States
5825 Posts
 Posted 02/05/2016  09:22 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
No authentication ergo no interest.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 02/05/2016  10:00 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
They are playing on people's greed by sounding naive, classic con


Just get rid of greed, and there will be no more market for counterfeit coins. And a lot of other problems (politics, war, crime, etc) would also be solved. It's fun to dream.
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one_fine_dime's Avatar
United States
591 Posts
 Posted 02/05/2016  10:36 am  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
Yep, obiejj, I noticed that too. Crazy what kind of effort it may have taken to produce this. The entire left side of the reverse along the rim from mintmark all the way to the end of "STATES" looks totally bizarre.

I wonder what the legality of knowingly trying to sell a counterfeit coin is. Meaning, if I call his attention to this fact, and he continues to attempt to sell on craigslist, is this legal?

Also, I wondered if I should offer him $5-$10 for it, just for the novelty of a counterfeit to fill that hole. Haha. Anyone else think that would be kinda neat? Who knows where he got it, etc.

Edited by one_fine_dime
02/05/2016 10:37 am
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The_Duke's Avatar
United States
1745 Posts
 Posted 02/05/2016  10:40 am  Show Profile   Bookmark this reply Add The_Duke to your friends list Get a Link to this Reply
Fake, fake, fake
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Go-Rebels's Avatar
681 Posts
 Posted 02/05/2016  11:17 am  Show Profile   Bookmark this reply Add Go-Rebels to your friends list Get a Link to this Reply

Quote:
Also, I wondered if I should offer him $5-$10 for it, just for the novelty of a counterfeit to fill that hole. Haha. Anyone else think that would be kinda neat?

I think what would be "neater" is that you offer him $1000 over the phone, telling him that it would be the cornerstone of your collection, and ask him if you can drive over in your squad car after work. Then maybe tell him that you're a retiring cop looking to restart a hobby...
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 02/05/2016  11:40 am  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
This is why I don't usually do business via craigslist....if I do meet up with someone I usually meet in a very public place or bring along my dad who has a conceal to carry pistol permit...no one usually messes with someone carrying a glock pistol.
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52Raymo's Avatar
United States
8516 Posts
 Posted 02/05/2016  1:47 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
I have a 16-D just like it.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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edweather's Avatar
United States
7375 Posts
 Posted 02/05/2016  3:24 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Oy Vey.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 02/05/2016  6:31 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Buying any uncertified 16-D is risky, no matter how well you know the real thing.

Don't forget that an even better con is to show a real rarity, not in a 2x2, agree on the price, then the con switches to the counterfeit that looks the same at "eye level".

Once the sucker has driven away with the fake, it's really tough to catch the thief.
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