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 Replies: 13 / Views: 9,968 |
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Bedrock of the Community
United States
14454 Posts |
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Pillar of the Community
United States
986 Posts |
The rarity of the only known, only minted 1906 dollar!
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Valued Member
United States
224 Posts |
It's rather easy to make a 0 out of an 8.
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Rest in Peace
United States
2684 Posts |
I don't believe Chinese forgers have any shame. This auction was duly reported.
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Bedrock of the Community
 United States
14454 Posts |
seems they should know what they are counterfiting though, these coins never were in circulation so there is no reason to have one in this condition that they tried real hard to make. I understand when they try to make morgans and other coins look like they have been well circulated because they were used in circu;ation but a 1986 Ellis Island dollar was never meant for circulation and I doubt one would ever change hands in circulation more than 3 times if one was put into circulation because as soon as it was handed to the third person (at most) they would see it wasn't a common circulating coin and put it up for if nothing else just because it was different. Atleast they got the Origin of the coin correct in their description  Edited by Bryan1315
10/27/2006 9:25 pm
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Pillar of the Community
United States
1203 Posts |
quote:
Originally posted by Bryan1315
what in the world would make them want to copy (forge) a 1986 Ellis Island commerative dollar and try to pass it off as a 1906 dollar
It may be that the forger wasn't any better at picking and choosing the coin to be copied, than they were at making the forgery. It's like they say, the bigger lie you tell the better chance someone will believe it. |
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Pillar of the Community
Belgium
2078 Posts |
These guys are starting to try in Europe Maybe they figure a European would not know and I think 90% probably would not know  |
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Pillar of the Community
United States
5362 Posts |
Since ebay has a worldwide audience, these forgers get many novice collectors who don't really know what they are bidding on. This is the same con-game that they pull in flea markets and street shops in Hong Kong where they sell "silver dollars" to tourists for less than the silver content. The sale works because the mark thinks they are getting something for nothing. It is a con based on the greed of the buyer. There are literally thousands of these Fantasies out there. They are interesting to collect (so the seller is not lying about that) but they are of very minimal value. His starting price is fine, but the delivery costs are high. I typically pay $1 to $3 for interesting varieties. I own a few hundred varieties. This coin is technically not illegal to make or sell since it is a fantasy issue. It was never made! I know that ebay will often cancel these, but they really shouldn't. Their policy of "let the buyer beware" covers the legal issues involved in the sale. US law (Hobby Protection Act does not apply to Fantasy issues in most cases.) The problem only occurs if the coin is portrayed fraudulently. The one problem I see is that the seller calls it silver in the add and then refers to it as "Tibetan Silver" in his answer to a question. As everyone in the trade knows Tibetan Silver (also Bali Silver, Chinese Silver etc.) is another name for "White Metal" of various alloys. Some sellers insist that their silver contains 10 or 20% silver, but I have never found one that actually does. Most are alloys of Copper, Nickel and Zinc - a variety of German Silver which has NO intrinsic value. Silver as a descriptive term is really meaningless and for those who parce their words carefully it actually covers the law. If they called the coin 0.900 fine silver or even Sterling Silver that would be totally different. The US government MIGHT look at this situation differently since I know they have taken action against certain people producing large fantasy paper notes. |
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Member
United States
1154 Posts |
WOW
Q: Why do you make such an obviously fake coin? If you're going to go through the trouble to fake a coin, try to choose pieces that aren't so easily detectable. You'll have a much better hit ratio on your scams. Hint: the coin you're selling was only made one year, in 1986. Nothing like it was made in 1906; indeed, no silver dollars at all were made in the USA in 1906.
28-Oct-06
A: Hi!thanks for your inforation!I have a litte knowledge about USA history,this item is an non-circulation tiber silver coin souvenir,it is worth collecting.
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Valued Member
United States
397 Posts |
I can hardly tell the difference, Can you ?   MM  |
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Rest in Peace
United States
2684 Posts |
The seller has changed the title to "UNITED STATES NON-CIRCULATION SILVER COIN SOUVENIR" away from the original rare 1906 coin. It's an improvement, but the "silver" is questionable.
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Pillar of the Community
United States
2269 Posts |
It looks more like it was made of lead than silver when compared to a real dollar.
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Pillar of the Community
United States
577 Posts |
At least nobody has bid on it yet...
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Valued Member
United States
287 Posts |
quote:
At least nobody has bid on it yet...
Even though we know is is a forgery, someone probably will bid. |
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Replies: 13 / Views: 9,968 |
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Posted 10/27/2006 8:10 pm
