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 Replies: 13 / Views: 1,973 |
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Pillar of the Community
United States
751 Posts |
Is there a section on the forum that discusses Copy Coins. I have seen several of them, and though they are easy to tell from real coins, they are getting better and if a person is not familiar with a genre of coins they could easily be deceived. I've uploaded an example. I know to many of us here it my be quite obvious, but to the less informed it could be a costly lesson. We should at least make it clear that these copy coins are out there. The could easily slip one into a lot of coins. Dan   |
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Bedrock of the Community
United States
94367 Posts |
Any chance of sharper pics? Very instructive, thanks for the heads up.  to the CCF! |
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Pillar of the Community
United States
9395 Posts |
For key dates like this 1909-S, I'd always go for slabbed coins, where photos are shown on the NGC or PCGS website. In fact, for any expensive coin (above $50 or $75), I'd stay away from raw coins, unless I'm getting them from a trusted source like the US mint, GSA, or bullion from APMEX, etc. |
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Moderator
 United States
188660 Posts |
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In fact, for any expensive coin (above $50 or $75), I used to say my threshold was $200, but I broke through that after a certain nickel was bought at the last coin show (from a trusted dealer).  |
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Rest in Peace
United States
18456 Posts |
There's a difference between copy coins and counterfeit coins . Copies are supposed to say they are copies to prove they are not real . counterfeits are made to deceive the public .  |
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Pillar of the Community
 United States
751 Posts |
T-Bob, kind of my point. These are NOT marked copies. I've seen several and own a few coins marked copy. These are definitely Counterfeit.
Dan
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Bedrock of the Community
Canada
24885 Posts |
Quote: There's a difference between copy coins and counterfeit coins . Copies are supposed to say they are copies to prove they are not real . counterfeits are made to deceive the public . As an example:   |
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Bedrock of the Community
United States
17884 Posts |
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I've uploaded an example. I know to many of us here it my be quite obvious, but to the less informed it could be a costly lesson. There are Chinese fakes out there that are a lot better than that one. There are fakes that have been getting past the TPG's and getting into legitimate TPG slabs. For example specimens of this one have gotten into both PCGS and NGC slabs.  |
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Rest in Peace
United States
18456 Posts |
As I am not a fan of TPG's I have a question : Do they weigh , measure and test for metal content besides grading ? If Chinese fakes are getting through PCGS and NGC perhaps more scrutiny is in order for those guys . From what I understand ,they only spend 3 seconds looking at obverse and another 3 seconds on reverse to grade and authenticate a coin . This is not good business for the hobby both collectors and dealers as well . I would suggest a biggie like the ANA to step in and DEMAND more tougher analysis for TPG obtaining to any coin valued at $500 or more . JMHO ,  |
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Pillar of the Community
United States
751 Posts |
Dorado; Here is my 1889 CC Morgan dollar compared to yours.     The difference being, MY 1889 CC Morgan dollar is fake. A copy coin, and not marked "Copy". Dan |
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Bedrock of the Community
United States
17884 Posts |
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Do they weigh , measure and test for metal content besides grading ? Not usually. Typically only if it is a coin they aren't sure of from the quick visual one over look. |
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Bedrock of the Community
13014 Posts |
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From what I understand ,they only spend 3 seconds looking at obverse and another 3 seconds on reverse to grade and authenticate a coin . That's just one of the internet rumors that someone started a long time ago and so many people repeat it that people started believing it. They take the time they need too. Some coins are quick and easy and others take more time. Obviously they can't spend an hour on a 50 dollar coin, but there's no countdown or shot clock that says times up move on |
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Bedrock of the Community
United States
94367 Posts |
I agree, but I also know they can be ruthlessly efficient for most coins most of the time.  |
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Pillar of the Community
United States
751 Posts |
Just curious, why no comments on the Morgan dollar comparison I posted ? Dan |
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Replies: 13 / Views: 1,973 |
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Posted 11/13/2018 3:11 pm
