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 Replies: 20 / Views: 3,635 |
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New Member
United States
4 Posts |
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New Member
 United States
4 Posts |
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Pillar of the Community
United States
8904 Posts |
Unfortunately, from what I can see of your coins and what I know of US numismatics and the US Legal System, the coins you just bought are: 1. counterfeit 2. illegal to sell in their current configuration And, ebay will not let you sell them since they are # 1 & #2. |
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Moderator
 United States
6563 Posts |
Well first things first.....Welcome! And yes....they are all fake  |
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Valued Member
United States
463 Posts |
welcome and agree with others fake, at least you didnt loose a fortune like a few people have. gotta gamble sometimes
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Pillar of the Community
United States
709 Posts |
Do yourself a favor. Throw them in the garbage. They are counterfeit. They are illegal to own, more illegal to sell. While the probability is low of going to jail, the probability gets appreciably higher when the United States Secret Service gets involved. These will be spotted almost immediately on e-bay as fakes.
To be sold as fakes they need to be stamped as copies.
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New Member
United States
4 Posts |
Well that sure answered my questions. Thank you very much! I have a few real coins that I got in change over the years. Nothing special, mostly wheat pennies, Indian head pennies, Buffalo nickels and silver quarters. Would that be something worth posting? Once again thank you for expertise and fair warnings. Have a good evening. |
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Bedrock of the Community
Australia
21788 Posts |
As I understand it, no law has been broken if they were openly sold to you as fakes.
I would naturally assume that they are all fakes.
If they had been offered to me and they were sold to me as fakes, I would have happily bought them for two reasons:
Considering how many of them there is, you are getting good value, it would cost at least a good fraction of $20 to produce them, probably more, and
They would form the start of a good educational collection of fake coins; you would have a much better eye for spotting fakes yourself in the future. That has to be worth something.
Just don't try to on sell them as genuine coins. You could have an enquiring poilceman at your front doorstep.
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Bedrock of the Community
Canada
10743 Posts |
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mostly wheat pennies,Indian head pennies,buffalo nickels and silver quarters. Would that be something worth posting? Yes.. we would like to see what you have in these.  And... Welcome to the Forums.  |
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Locked
822 Posts |
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As I understand it, no law has been broken if they were openly sold to you as fakes. That's silly. Handbags, watches, paintings, coins... counterfeit is counterfeit... illegal is illegal. Owning up to the fact that it's counterfeit doesn't make it legal, you're still distributing counterfeit goods. |
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Pillar of the Community
United States
3098 Posts |
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Do yourself a favor. Throw them in the garbage. They are counterfeit. They are illegal to own, more illegal to sell. You don't have to! Keep them as a reference to detecting counterfeits. Notice how the strikes are very weak on most of them, and probably as well as a very weak rim. You have quite a few coins right there, so you can see quite a few varieties of counterfeits! And $20 isn't bad. Sometimes I spend up to $5 on a few well-made counterfeits for reference. But don't try to sell them. That's where you cross the line. |
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Pillar of the Community
Canada
3692 Posts |
I've seen lots of Chinese vendors sell these things in the same exact packaging. Even admitting they were fake!
Edited by Libertad
11/15/2010 07:57 am
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Valued Member
United States
462 Posts |
You cannot sell these. Despite any description you write, some people will not read the descrition and will assume they're real since "COPY" is not stamped into them.
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Pillar of the Community
United States
2669 Posts |
Hmm... yes, counterfeit is counterfeit, however, it is good to have some reference material in that area, and the OP did not distribute nor is intending to, hopefully, after being told of the dangers of doing so. I own quite a few counterfeits specifically for reference. Some were purposeful purchases - others were accidental. I would have paid $20 in a heartbeat, not only to get them off the 'street' but for study. I've never seen a Goloid dollar counterfeit and there are at least 2 in the bunch above! Close up pictures would be very educational. Welcome to the forums coinewb, and yes, we'd be delighted to see pictures of your other coins!  |
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Moderator
 Australia
16850 Posts |
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As I understand it, no law has been broken if they were openly sold to you as fakes. That's Australian law, sel. In Australia, Section 8 of the Crimes (Currency) Act 1981 allows for the making and selling of fake Australian coins with dates older than 1966, or fake foreign coins that are "no longer current"; it's perfectly legal, so long as both the buyer and seller know the coins are fake and there is no "intent to defraud". In America, things are different; the Hobby Protection Act prohibits the importation and sale of unmarked fake coins, whether the buyer or seller are aware of their fakeness or not. In practice, of course, Chinese fakes like the ones in the OP are flooding the US by the containerload. $2 each appears to be the standard going rate for them on American streets. In China, they sell them to gullible tourists for $1 each. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Moderator
United States
23731 Posts |
to the community. It is illegal to buy our own these in this country. There are way too many of these being sold here. Who knows where the money for this stuff goes. It might be used to fund terrorist, drugs, or other illegal activities. I would not spend one cent to buy any of this junk and I would find the nearest Policemen and turn the person in that is trying to sell them. ebay isn't doing anything to stop the sale of these fakes, it's time that we as collectors need to step in an do what we can to stop the flow of counterfeit coins from being sold in the US. |
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Replies: 20 / Views: 3,635 |
Posted 11/14/2010 11:31 pm
