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Replies: 13 / Views: 1,432 |
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Valued Member
United States
303 Posts |
I have been given an opportunity to buy the half dollar. I want to know are there any fakes out there I should be aware of, besides the Chinese ones.
Pictures of any close up of the date and mintmark will help too :)
Thanks!
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Bedrock of the Community
United States
20753 Posts |
Almost any coin nowadays worth over $100 has been counterfeited. Yours would naturally depend on the grade. IF in really high grade you should do the following: 1. Make sure you know the seller real well. 2. Asl if you can pay with a check. 3. Have a written statement that the coin is returnable for the full amount. 4. Send to a TPGS for authenticating. 5. Pending on the price, take a chance.
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Bedrock of the Community
United States
10982 Posts |
The '21-D Walker is a very valuable coin in higher grades. If you could post some pics, we could tell you more. The Chinese have no corner on the counterfeit market. When greed is a motivator, people from everywhere will get involved.
A little common sense goes a long way in detecting counterfeits, but you know what they say about common sense, "it's very uncommon"!
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Rest in Peace
United States
3039 Posts |
It's a shame and black eye on numismatics when almost all nice coins considered for purchase need to be looked at with a skeptical eye. The counterfeiters are even putting slabbed fakes with "net" grades on them to give the illusion of honesty. AAGHH ! Glad I found most of my nice coins a zillion years ago in change from my paper route.
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Valued Member
 United States
303 Posts |
Well I didn't bring my camera that day with me. He offered me a very good deal on it. I do trust the seller. He has given me really good deals to me in the past. Yesterday he sold me a 1889 Seated dime in F-VF for $9, even below Greysheet! Also a cull 1866 3 cent nickel, 1865 and 1892 (both VG but with tape and stuff, acetone will help), 1959D AU dime, all four for $1.
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Valued Member
 United States
303 Posts |
Yeah these days, it is hard now to find a good coin that is real. I would think technology has increased this problem. There is a large marketplace, aka ebay, with a large customer base, and information sites that help people be aware of fakes or help make better ones. I forgot to add the coin should grade G or so if I remember correctly.
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Valued Member
United States
402 Posts |
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Valued Member
 United States
303 Posts |
Yeah thats a good site. I will check it out. Thanks for all the comments and suggestions. The coin dealer said he will hold it for me and I will be there next week to take some pictures.
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Moderator
 United States
23522 Posts |
My gut feeling based on what I've read here is that you're being offered a good deal by a good dealer who wants to keep your business.
I recommend that every CCF member register with Heritage - it's free, and their database of past auctions is the single greatest reference source available for high-quality images of just about any coin you could think of.
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Valued Member
 United States
303 Posts |
Here are the pictures...   So what do you all think it should grade? It looks better than AG, but not much G? How about what you all think it should go for in AG? It looked better when I remembered it... I guess not.
Edited by hc8604 01/24/2009 01:43 am
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Bedrock of the Community
United States
10982 Posts |
AG-3 is the highest grade I can give that coin. If someone really needed a hole filler, I could see paying $200 for it.
Don't pay over $200 for it unless your last name is Buffet.
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Valued Member
United States
74 Posts |
If you want it, get it. Unless you see yourself not enjoying it in the future, and wishing that you had a higher grade piece, go for it. I have a coin dealer who gave me a nice EF-40 1921 Peace dollar for $100. He likes my business and he gives me deals all the time.
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Valued Member
 United States
303 Posts |
I am somewhat trying to fill up a Walking Liberty half book. I can't really afford the coin in better condition, but this one should help. Plus, this is a good chance to get a key in the series at a good price. It is below $200.
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Bedrock of the Community
United States
20753 Posts |
Looks OK to me so if it was me, I'd go for that one. I used to think that counterfeiters only made coins in high grades so they could sell them for some great prices. HOWEVER, a dealer at a coin show showed me a few fakes that were all worn looking. He explained that some counterfeiters are smart enough to want to sell by quantity so they make low grade, not exceptionally expensive coins. Then they sell a real lot of them. AND, so few people ever send in a low valued coin for authenticating. A great example of that is the probably millions of reprocessed 1943 Lincoln Cents. Worn, sell for maybe a few cents but reprocessed sell for $0.25 and up. Some go for $1.
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Replies: 13 / Views: 1,432 |
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