Counterfeit/Fake 1916-D Merc Sold For $4,600 On Ebay

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Author	Replies: 30 / Views: 4,666	Page: of 2
BH1964 Bedrock of the Community United States 10982 Posts	Posted 04/07/2011 11:25 pm This Merc sold to a CU Forums member: http://cgi.ebay.com/ws/eBayISAPI.dl...cOeUK5U%253D He sent it to PCGS and they said it was a "split" coin in a fake slab. They're getting pretty good and good enough to fool many collectors. ANA #R3154474 Report this Post to the Staff

DoubleYou New Member United States 16 Posts	Posted 04/07/2011 11:57 pm Ouch. That one is scary. Report this Post to the Staff
Bizybackson Pillar of the Community United States 1817 Posts	Posted 04/08/2011 12:04 am It's getting to the point that authenticated expensive coins need to be sent for authentication authentication in order to guarantee a sale. That is just sad, when will it all end? Report this Post to the Staff
vermontensium Moderator United States 16679 Posts	Posted 04/08/2011 12:21 am 7 Day return. Has he sent it back! Also, the toning on the obverse is suspect, along with the minor subtleties in wear with the reverse. swcoin.ecrater.com Edited by vermontensium 04/08/2011 12:23 am Report this Post to the Staff
mshev Valued Member United States 312 Posts	Posted 04/08/2011 01:03 am Unless I'm just imagining this since I know it's a fake - the font on the slab looks off. It is definitely scary though! Report this Post to the Staff
DVCollector Bedrock of the Community United States 10045 Posts	Posted 04/08/2011 01:23 am Does anyone recall a while back, someone from the Sacramento area got busted for putting split "key" Morgans in fake slabs? I wonder, because this seller is from Sacto too. Edited by DVCollector 04/08/2011 01:26 am Report this Post to the Staff
colosfj Valued Member United States 90 Posts	Posted 04/08/2011 01:41 am Why is his profile still on ebay Oh because their cut of $4600 Bogus deal is to good to cancel the account of a dead beat thief! Oh I forgot the $40 Shipping Cost was a great clue of the true nature of the seller Edited by colosfj 04/08/2011 01:45 am Report this Post to the Staff
rjkingston Pillar of the Community United States 642 Posts	Posted 04/08/2011 02:25 am That is scary, any details on how it turned out? What will happen to the seller? Did they get their money back, etc. Report this Post to the Staff
vermontensium Moderator United States 16679 Posts	Posted 04/08/2011 02:37 am According to the PCGS Certification Database, the requested certification number is defined as the following: COIN INFORMATION Cert Verification #: 18041741 PCGS Coin #: 4906 Date, mintmark: 1916-D Denomination: 10C Variety: Minor Variety: Mint Error: Pedigree: Country: The United States of America Grade: XF40 Mintage: 264,000 PCGS Price GuideSM Value: $5,750 Holder Type: Standard Population: 81 PCGS Cert. Verification comes up legit swcoin.ecrater.com Edited by vermontensium 04/08/2011 02:41 am Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 04/08/2011 03:01 am Wow, that's scary. It sure would have fooled me. Hopefully the buyer paid with PayPal. If so, there is plenty of time to file a Not as Described claim through PayPal if the seller won't accept a return. Edited by cwb1877 04/08/2011 03:27 am Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 04/08/2011 04:36 am Quote: It's getting to the point that authenticated expensive coins need to be sent for authentication authentication in order to guarantee a sale. That is just sad, when will it all end? Slobbing has come full circle. Supposedly, slobbing allows for a sight-unseen market, because any xf40 16d dime is the same, just like any share of stock is the same (and I can't believe that anyoneever fell for that BS). Now, even seeing the coin, you have to verify the holder. Quick quiz, which is going to get you more prison time, counterfeiting US money or making a fake plastic holder? Quote: Oh I forgot the $40 Shipping Cost was a great clue of the true nature of the seller Not really. If the seller doesn't know that registered mail is cheaper, a small priority box w/$4600 insurance and SC would be around $55. Report this Post to the Staff
vermontensium Moderator United States 16679 Posts	Posted 04/08/2011 04:51 am Express mail would be even cheaper with insurance. swcoin.ecrater.com Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 04/08/2011 05:23 am Only if registered. Report this Post to the Staff
OneBowl Pillar of the Community United States 759 Posts	Posted 04/08/2011 09:07 am King Julius was selling shoes, clothes, 99 cent DVDs then one $1.70 Merc, then comes up with a 16-D Merc? That would have been enough to scare me away. Report this Post to the Staff
macmercury Pillar of the Community United States 5838 Posts	Posted 04/08/2011 09:46 am Looking at different slabs for a while and this 16 d Merc reverse monogram looked odd enough for me to raise a flag. Report this Post to the Staff
mshev Valued Member United States 312 Posts	Posted 04/08/2011 10:29 am OneBowl - I definitely agree. And he hardly has any feedback either relative to the sellers who deal with merchandise of that value. Vermont - I looked at that too. Unfortunately it's easy enough to just swipe the # off another 1916-D. That's why some sellers like blurring out the cert # on the postings. Report this Post to the Staff
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