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I Went Out Of My Way To Buy A Counterfeit Coin Today.

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BigSilver's Avatar
United States
2843 Posts
 Posted 12/26/2016  8:18 pm Show Profile   Bookmark this topic Add BigSilver to your friends list Get a Link to this Message Number of Subscribers
As the title states, I bought a counterfeit coin today. Not just any counterfeit, a really nice one. It's a 1925 California Diamond Jubilee half dollar. It has a nice reeded wdge, fantastic luster and nice detail.
I knew it was fake when I bought it. So why did I buy it? I was looking to contribute to the educational aspect of detecting well made fakes. I also wanted to ensure safe disposal of the coin so someone else should nit get cheated.
Does anyone here on the forum have a use for such an item. Please understand that I will not send this to anyone that does not get the full recommendation by the other members here.
Hiw much did I shell out you ask- $5. That's the extent of my contribution to society.
Here are thw pics.


I-Went-Out-Of-My-Way-To-Buy-A-Counterfeit-Coin-Today.

I-Went-Out-Of-My-Way-To-Buy-A-Counterfeit-Coin-Today.

You may be wondering how I can be so sure that it is fake. The weight is of by approximately a gram and under magnification(and probably to a trained naked eye) there are bubbles, or grainy texture.
If you are interested let me know. I cant figure how to allow email, but I will message anyone who wants me to.
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BStrauss3's Avatar
United States
4589 Posts
 Posted 12/26/2016  8:37 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
The key question is whether it's a contemporary counterfeit (which might be educational and collectable) or a modern piece of garbage?
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 12/26/2016  8:40 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I have an Oregon, a Boone, and a Pan Pac half, all counterfeit, and none are as nice as yours.
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Debrajc's Avatar
United States
4211 Posts
 Posted 12/26/2016  9:31 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Check out the black cabinet

Awesome site for counterfeits. You might want to donate it there if there is not one already.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 12/26/2016  9:53 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
I never knew about The Black Cabinet. I wandered around there for awhile and they don't have an example of this commemorative coin so I am sure it would be a welcome addition.

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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 12/27/2016  07:16 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Probably in the minority here but when we are recommending sites to buy fake coins then we are the reason they are in existence and doing harm to the Coin World.

I would never consider purchasing any known counterfeit coin

Just my opinion....
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12258 Posts
 Posted 12/27/2016  08:07 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
Probably in the minority here but when we are recommending sites to buy fake coins then we are the reason they are in existence and doing harm to the Coin World.

Just to clarify...

The "Black Cabinet" web site is not a place to buy/sell counterfeit coins. From the site:

"The Black Cabinet is a database and reference library of counterfeit American coinage currently in circulation. Its purpose is to educate coin collectors and the general public about counterfeits and their impact upon the hobby."

The site provides a great service in helping to educate collectors and help them identify counterfeits so as not to make potentially costly mistakes in purchasing coins for their collection.

It is well worth spending some time browsing the site. The Black Cabinet


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 12/27/2016  08:43 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Thanks for that clarification...but I would still never intentionally buy a fake coin and legitimize the process.
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IndianGoldEagle's Avatar
United States
36643 Posts
 Posted 12/27/2016  08:46 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I agree Fox, I too refuse to buy any counterfeits even for educational purposes.
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llewellin's Avatar
United States
1005 Posts
 Posted 12/27/2016  08:52 am  Show Profile   Bookmark this reply Add llewellin to your friends list Get a Link to this Reply
Is Steve Caruso still maintaining the Black Cabinet? I see the website hasn't been updated for a year and a half and he hasn't been here for almost as long?

I'm with Foxwoods on not buying a fake coin intentionally. If all of us were to go out and buy fakes to make our own black cabinets then that would expand the market and increase incentive for better quality fakes.
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llewellin's Avatar
United States
1005 Posts
 Posted 12/27/2016  08:53 am  Show Profile   Bookmark this reply Add llewellin to your friends list Get a Link to this Reply
IGE, 9999 posts! pretty cool
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nickelsearcher's Avatar
United States
15395 Posts
 Posted 12/29/2016  4:11 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I .. alas ... have one just like this ... and it cost me a lot more $ during my learning years.

There is a tremendous increase in counterfeit classic silver commemorative out there ... any quick check of ebay will find several examples in the first few hundred listings.

The only defense we have is education ... and hope that the next generation of collectors will not be fooled.

David
Take a look at my other hobby ... http://www.jk-dk.art
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Dustin6's Avatar
United States
3516 Posts
 Posted 12/29/2016  10:32 pm  Show Profile   Bookmark this reply Add Dustin6 to your friends list Get a Link to this Reply
Thanks for preotection unknowing newbies!
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Debrajc's Avatar
United States
4211 Posts
 Posted 12/31/2016  8:30 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
To be clear....I would never purchase a counterfeit coin either.....
or recommend a site that sells them.

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cuzzx's Avatar
United States
411 Posts
 Posted 12/31/2016  8:31 pm  Show Profile   Bookmark this reply Add cuzzx to your friends list Get a Link to this Reply
so the way I read this is that there are a lot of fake coins on ebay.
why does no one help us and ebay?
I'm looking at 2016 ASE and now you tell me about one fifth are fake.
we need photos of side by side , real and fake to help us all learn.
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nss-52's Avatar
United States
54280 Posts
 Posted 12/31/2016  9:11 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
I-Went-Out-Of-My-Way-To-Buy-A-Counterfeit-Coin-Today.

I-Went-Out-Of-My-Way-To-Buy-A-Counterfeit-Coin-Today.
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