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 Replies: 39 / Views: 8,188 |
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Pillar of the Community
United States
1080 Posts |
So I've wanted a Henning Nickel for a while (counterfeit nickel produced by Francis LeRoy Henning of Erial, New Jersey in 1954). I saw one on ebay about a year ago, I bid about $80, but it went about $120. I've seen people ask to buy them here, but they don't seem to get many people offer to sell one. Seems that those who have them hold onto them. They are tough to find because not many people know to look for them. Indeed, it all supports Francis Henning's original strategy -- no one looks at nickels.    So I've searched a few boxes on nickels, I've asked around, but no luck. Every once in a while, I search ebay or poke around the internet. Then last week, a quick search turned up a seller on "bonanza" who had a Henning Nickel for $20.99. I was a little nervous since I'd never heard of this site, but I placed my order and anxiously waited. Then it arrived... the fake... er, the real fake... the authentic fake? Here it is:    |
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Valued Member
United States
176 Posts |
Nice purchase. Let's hope the demand doesn't get so great that we have to start worrying about counterfeit counterfeit nickels.
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Pillar of the Community
United States
1064 Posts |
So, it's OK to own and sell a counterfeit, as long as you don't mis-represent it? I ask as I have a gold coin that I know is counterfeit, and I've been thinking of taking it to Cash for Gold, or maybe the local coin dealer, to sell. Wasn't sure if it would get seized, or something.
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Pillar of the Community
 United States
1080 Posts |
that is my understanding, jackb. There's no intent to use it for commerce, and the quantities are low. The Henning that sold on ebay had its listing pulled a couple of times before the seller worked out the right wording. So your coin is real gold, but it not a real mint coin? cool |
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Valued Member
United States
312 Posts |
Some discussion on whether or not they are legal: http://www.cointalk.com/t83965/This one is pretty interesting given that in this case the counterfeit is worth multiples of the real coin... No one will be trying to pass it off as a real coin! |
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Rest in Peace
United States
3039 Posts |
Looks like an authentic counterfeit nickel  |
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Pillar of the Community
United States
1388 Posts |
Nice find!  I've never wanted a counterfeit till I heard about these years ago, and I haven't been fortunate enough to find one yet  ... That's a good price on it too, really good ... Congrats  |
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Rest in Peace
United States
1943 Posts |
Your nickel is in decent condition. It is hard to find them with a full rim and your coin almost has a full rim. Is that a die crack I see across the reverse?
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Pillar of the Community
United States
1080 Posts |
Quote:
Is that a die crack I see across the reverse? Yes, and when I saw it I assumed it was common to these coins, but I don't see it in photos of other coins that I've found online. |
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Pillar of the Community
United States
4778 Posts |
Congrats on your Henning nickel specksynder! Very nice coin!  This is the only counterfeit coin I want lol Edited by VisigothKing
04/23/2011 10:31 pm
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Moderator
 United States
15395 Posts |
Excellent! I've been through 242,000 bank rolled nickels and am still looking for one.
David
Take a look at my other hobby ... http://www.jk-dk.art |
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Valued Member
United States
277 Posts |
Nickelsearcher, please don't say stuff like that to me. I am still looking for one too and haven't even come near that number =(
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Pillar of the Community
United States
594 Posts |
HHHmmmm food for thought, todays Chinese Morgans could be tomorrows Henning nickels!  |
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Bedrock of the Community
United States
14454 Posts |
Quote:
HHHmmmm food for thought, todays Chinese Morgans could be tomorrows Henning nickels The only thing that makes these worth anything is the mystique about them and that they circulated for so long without detection and he may have never gotten caught if he had put a MM on the coin when the US Mint did or just stay away from those years all together in his production. The Chinese Morgans were never meant to do anything but deceive collectors, never meant to circulate. So they will never be worth anything but a headache for future collectors |
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Bedrock of the Community
United States
17884 Posts |
Nice, and I've never seen that die crack on a Henning before.
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Bedrock of the Community
Canada
10743 Posts |
Yeah, that's a nice counterfeit.. Is that always the case with the Hennings that there is a hole in the 'R'? except for the missing letter of course. |
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Replies: 39 / Views: 8,188 |
Posted 04/23/2011 7:42 pm
