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 Replies: 14 / Views: 2,320 |
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Pillar of the Community
United States
2189 Posts |
Is it legal to sell these kinds of coins?I came across one of these Error coins and decided to check out the rest of his coins up for auction.I was kind of surprised how many fake ones he has. My personal opinion of these coins is not very high. http://cgi.ebay.com/1816-Coronet-La...em439fc8d5cbEdited by jasper62
06/09/2010 9:06 pm
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Pillar of the Community
United States
4846 Posts |
i dont see anything wrong, he clearly states BU COPY
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Pillar of the Community
United States
5609 Posts |
I actually DO NOT believe this is legal, I always thought that since the "copy" coins were controlled, I thought they ALL needed to have the word "COPY" clearly stamped into the coins obverse or the reverse, from this coin, I guess I was wrong.
I do not think this is a good idea for others to not see this auction, and to see the coin else where and not know for sure it is not real, just my opinion....
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Pillar of the Community
United States
1418 Posts |
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Pillar of the Community
 United States
2189 Posts |
Adam E
If you were to purchase one of these coins,Lets say at a flea markets for 50 or 100 bucks thinking it was real and send it off and pay to have it graded and it was returned as a fake I'm sure you would be very upset
I have ask the seller if these were Stamped COPY but have not received a reply.
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Pillar of the Community
United States
4846 Posts |
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Pillar of the Community
 United States
5953 Posts |
I also was under the impression that all replicas of US coins had to have 'copy' stamped on them. U.S. Hobby Protection Act - 15USC-2101, which pertains to the manufacture of replica, reproduction, or copy coins. The U.S. Hobby Protection Act, provides the base for consumer protection related to replica coin manufacturing. Edited by nohope587
06/09/2010 10:10 pm
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Pillar of the Community
United States
5953 Posts |
304.3 Applicability.
Any person engaged in the manufacturing, or importation into the United States for introduction into or distribution in commerce, of imitation numismatic items shall be subject to the requirements of the Act and the regulations promulgated thereunder.
304.4 Application of other law or regulation.
The provisions of these regulations are in addition to, and not in substitution for or limitation of, the provisions of any other law or regulation of the United States (including the existing statutes and regulations prohibiting the reproduction of genuine currency) or of the law or regulation of any State.
304.6 Marking requirements for imitation numismatic items.
(a) An imitation numismatic item which is manufactured in the United States, or imported into the United States for introduction into or distribution in commerce, shall be plainly and permanently marked ``COPY''.
(b) The word ``COPY'' shall be marked upon the item legibly, conspicuously, and nondeceptively, and in accordance with the further requirements of these regulations.
(1) The word ``COPY'' shall appear in capital letters, in the English language.
(2) The word ``COPY'' shall be marked on either the obverse or the reverse surface of the item. It shall not be marked on the edge of the item.
(3) An imitation numismatic item of incusable material shall be incused with the word ``COPY'' in sans-serif letters having a vertical dimension of not less than two millimeters (2.0 mm) or not less than one-sixth of the diameter of the reproduction, and a minimum depth of three-tenths of one millimeter (0.3 mm) or to one-half (1/2) the thickness of the reproduction, whichever is the lesser. The minimum total horizontal dimension of the word ``COPY'' shall be six millimeters (6.0 mm) or not less than one-half of the diameter of the reproduction.
(4) An imitation numismatic item composed of nonincusable material shall be imprinted with the word ``COPY'' in sans-serif letters having a vertical dimension of not less than two millimeters (2.0 mm) or not less than one-sixth of the diameter of the reproduction. The minimum total horizontal dimension of the word ``COPY'' shall be six millimeters (6.0 mm) or not less than one-half of the diameter of the reproduction.
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Pillar of the Community
United States
2189 Posts |
Thanks nohope
Lot of good information you posted.Too sum it up it sounds like By Federal Law It's supposed to be Stamped COPY.
So whats the best way to file a complaint?
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Pillar of the Community
United States
5953 Posts |
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Valued Member
United States
211 Posts |
I gotta watch out. I use "Garage Sale" to make my ebay ads and I usually duplicate a template to make a new listing. The default leaves the word "Copy" in the title. I have been known to accidentally leave it in the final listing. Ouch! Don't tell the feds. |
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Pillar of the Community
United States
1934 Posts |
That large cent is a copy of what? One exactly like it? I dont think so.
it's not a "copy" it's an "example."
Technically, it's a misnomer.
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Pillar of the Community
United States
2797 Posts |
I will assume this is the same guy who listed a "Morgan" 50% offset double-strike last night (can't visit ebay from current location). The obverse was a Morgan and the reverse was a "Flowing Hair". This is not a replica of a U.S. produced coin, but a combination. Are the other offerings a mismatched obverse/reverse? |
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Pillar of the Community
United States
2120 Posts |
Honestly, I bet people are bidding is cause they are betting its made of silver and want it below melt.
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Pillar of the Community
United States
4212 Posts |
I don't get anything, it's been pulled. But it's been a nice conversation.
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Replies: 14 / Views: 2,320 |
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Posted 06/09/2010 9:33 pm
