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Another Chinese Alteration To Avoid

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swamperbob's Avatar
United States
5362 Posts
 Posted 10/12/2009  4:38 pm Show Profile   Bookmark this topic Add swamperbob to your friends list Get a Link to this Message Number of Subscribers
Once again, the Chinese engravers have taken a a common bullion 8R (ca 1880) and turned it into a RARE date. But in this case - the design is totally wrong. The 1824 Durango 8Rs were actually Hookneck types and don't look anything like the late Republican issues. Here is the auction, which has two bids already.:

http://cgi.ebay.com/1824-MEXICO-8R-...RE_W0QQitemZ300356591805

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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 10/12/2009  6:06 pm  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
your advice vindicates the view one ought to know what one is buying before parting with one's money:
"buy the book before the coin"
Peter in Oz
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jfransch's Avatar
United States
1801 Posts
 Posted 10/13/2009  12:06 am  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
ebay has allowed itself to be ruined as a marketplace for serious coin collectors by not allowing the collector community to police itself and allowing the chinese fakes to flood the market. Before the hidden bidder concept, these bidders would have received multiple emails from the collector community warning them to be careful. Now they are like sheep being led to slaughter and ebay couldn't care less as long as they get their fees.
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Nic's Avatar
Philippines
1156 Posts
 Posted 10/13/2009  12:19 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply
yes, the buyer will only realize this after a couple of years in blissful ignorance.

The coin is well made for eye-appeal, the give-away is that the worn-out rim edges is not planar to the embossed central part, that is suspicious by itself
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swamperbob's Avatar
United States
5362 Posts
 Posted 10/13/2009  07:53 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
There is a common cast copy of an 1824 Durango 8R that is an accurate representation of what a typical Hookneck looks like. There is one on ebay right now which is correctly attributed.

Here is my copy of the entry to show HOW DIFFERENT the 1824 really looks.


Another-Chinese-Alteration-To-Avoid

Anyone bidding on the Chinese alteration has obviously never seen an original.
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swamperbob's Avatar
United States
5362 Posts
 Posted 10/13/2009  07:59 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Nic If you are refering to the flattened rim at the right side of the coin - I believe you are correct. That in my opinion looks like the rim was crushed when the coin was held in a vice while being re-engraved. It may have been an irregular planchet but it would be a convenient (if crude) way to hold the coin steady while working on it.
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Nic's Avatar
Philippines
1156 Posts
 Posted 10/14/2009  02:33 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply
yes, thanks swamperbob for the comment, yes, that would be it, because these fake coins abound, today I bring along two things to a coin exhibit, an 8x magnifying lens and a jewelers monocle 12x eyeglass. aside from spotting fakes, they also help to bring the coin price a little bit lower
Valued Member
United States
69 Posts
 Posted 10/15/2009  08:19 am  Show Profile   Bookmark this reply Add tenacious to your friends list Get a Link to this Reply

Quote:
Ebay has allowed itself to be ruined as a marketplace for serious coin collectors by not allowing the collector community to police itself and allowing the chinese fakes to flood the market. Before the hidden bidder concept, these bidders would have received multiple emails from the collector community warning them to be careful. Now they are like sheep being led to slaughter and ebay couldn't care less as long as they get their fees.


Well said jfransch. ebay is completely out of touch with what's going with coins on their site. Or more probably, and the conclusion that I've come to, is that they just don't care.


And thanks swamperbob for the always helpful information!
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