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Counterfeit Commemoratives

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Beefer518's Avatar
United States
887 Posts
 Posted 08/24/2017  7:19 pm Show Profile   Bookmark this topic Add Beefer518 to your friends list Get a Link to this Message Number of Subscribers
I've now decided I'm going to do the 50 coin type set of CSS/CSC's. I've noticed a number of threads where the commem in question is a fake/counterfeit. Is there somewhere that goes into what to look for, for either authenticity (like the die markers on an 1893-S Morgan), or for indications of a fake? It seems these are copied just about as frequently as Trade dollars, but there is a ton of info on identifying a fake TD.

Currently, I try and do overlays of the prospective coin with known genuines, but that can be excruciatingly tedious and time consuming.

If someone could point me in the right direction, it would be appreciated.
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nickelsearcher's Avatar
United States
15437 Posts
 Posted 08/24/2017  8:18 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Your best bet friend is knowledge.

Knowledge of 'real' versus 'fake' ... and as you say there are a ton of counterfeit classic commemorative out there.

You can acquire knowledge in many ways ... books, on-line, coin clubs, etc.

We are here to support your acquisition of knowledge ... and a fellow CCF member with some expertise on the series will do what I can if you post a question.

Suggest as a stop-gap measure you post pictures here of any coins you have questions about ... we can and will help until you gain your own footing on this subject.

David
Take a look at my other hobby ... http://www.jk-dk.art
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 08/24/2017  9:05 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I've actually purchased about a dozen "black book" CSC over the years (on purpose). They are all so easily distinguished that a simple comparison of the real thing will quickly point out how sloppy they are.

It's nuts, in my opinion, not to decide on PCGS or NGC or a combination of the two for your set. Not only do you avoid 99.999% of the potential problem of buying a counterfeit, but they are instant cash, regardless of where the market might be.

Additionally, depending on your finances, it often makes much more sense to step up a grade or two.

As an example, if you compare the Spanish Trail in 65 versus 66 it's insane not to get the 66 for the small price difference.

Be especially cautious of examining each coin in great detail against others in the "same" grade. Unlike many coins that look very similar in a specific grade, there are much wider price differences between the same CSC in the same grade.

Tab toning is presently loved by many. Beautiful toning is also high value. Bright white (no, that doesn't mean cleaned) also hits high. But even more important is where the marks are as far as location is concerned.

Right now I'm high bidder with Heritage with 15 days left on a CSC I need and it's already well over the average price for that issue. I'm willing to pay much more than average price because it is a drool baby.

Caution. You might only want to buy one coin a month!
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jbuck's Avatar
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188660 Posts
 Posted 08/25/2017  2:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
It's nuts, in my opinion, not to decide on PCGS or NGC or a combination of the two for your set.
I agree. Yes, I used to be down on slabs, but have recently changed my tune. Just remember that the slab is just one tool and is not meant to be a replacement for knowledge and a good eye.
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Beefer518's Avatar
United States
887 Posts
 Posted 08/25/2017  8:06 pm  Show Profile   Bookmark this reply Add Beefer518 to your friends list Get a Link to this Reply
Would you also limit it to only slabbed if you're buying from your local dealer? Ie., you can hold it before you buy.

I did just pick up a Rhode Island (MS65) and a Cleveland (MS64) that were both PCGS slabbed, but I'm also thinking about doing a CAPS album for CSS/CSC's. I'm one that doesn't like the idea of cracking slabs. Maybe work on the slabbed set first, then go to raw as I feel confident? But my budget won't allow for 2 Hawaii's, Spanish Trail, Grant Star, and the A-2x2. Hmm.... I've got quite a quandary for myself!
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