Since an authentic 64-D Peace dollar is illegal to own, a prospective buyer would be doing so under clandestine conditions at best. I would not feel bad in the slightest if someone were to pay millions to obtain one only to find out they were duped. Believe me if I were to pay big money on a coin, I would be doing my homework.
1964 d peace dollar? Is this coin consider as NOVELTY ITEM or what? For a price of $ 160.00 ea.uncirculated replicas I think you can buy an 1879 o of MS uncirculated Morgan Dollars which is you can proud to own it or a 1922 PEACE DOLLAR Toned Uncirculated. Morganreverse 1879 o
Several things here. "Real collectors"???? I'm sorry, I wasn't aware there was some set of rules and regulatons that determined wether or not someone is a "real collector" or not. Thats a completely bogus phrase and way of thinking. Restrikes and the like are perfectly fine in and of themselves. If you dont want to buy them then don't. Just keep the snobbishness to yourself and don't insult thos eof us that do like them. As for them being sold as real. Anyone who goes into any kind of collecting and just buys something without making sure of its authenticity buys at their own risk. Their stupidity is just that; THEIR STUPIDITY. I would think that thos eof you that have such a problem with this practice would applaud PCGS and the other grading companies for grading these. Once graded as an overstrike coin it then can't be sold as something else now can it? If you stopped looking down your noses you might understand that. Fakes plague collecting no matter what. I have been collecting fossils for a long time. Trust me when I tell you, there are more fakes in that hobby than anything aside from maybe Americana. If I bought a dinosaur skull as real and it was a cast (and the casts out there can fool a lot of people) then its my fault for not properly authenticating it. Replicas and the like serve a purpose. I will likely never find a triceratops skull, but if I got the opportunity to purchase a replica at a reasonable price, I certainly would. Same thing applies if someone does an overstrike of an 1856 FE. I sure as hell will never own a real one, but I would buy an overstrike. Gues that makes me a fake collector eh?
Well said! I find the numismatic field is full of "snobs" and "purists", preaching their own principles upon us "less educated" collectors.
These are 'fantasy overstrikes'. I'm CERTAIN D. Carr did more homework on this subject, in regard to putting 'copy' on this piece, than most high schoolers do in 4 years of school. If he thought for 1 second it would HAVE to have 'copy' stamped on it, he would have done one of two things: 1) not produce them at all, or 2) put copy on it. If the 'law' hasn't done a thing about these in almost 6 months, then I'd venture to say that there is nothing wrong with not having 'copy' on them. Ebay even opened a new category....'fantasy issue coins'. Ebay is no longer booting these from the 'replicas and reproductions' category, where the Chinese copies are (that will arrive w/out 'copy' on them, though they show 'copy' in the image....usually photoshopped on the image), along with the ones not even made of silver. There are ALOT of these copy-cat repros showing up now, but the D. Carr examples are bringing big money, while the others are bringing 'nickel/dime' prices. Alot of flippers made GOOD money (myself included) on these reselling them. Why? Because REAL coin collectors WANTED them (and still do). Say what you will about these, but these are here to stay....whether the secondary prices these fetched are sustained or not, matters not to those that sold them already. I could have bought 2 full sets for what I sold my one set for...more than doubled my money, and still have one coin left (the same one I have left, theres the same one on ebay, with a $150 bid on it, 6 plus days left....thats a 100% profit from original sale price). And for all you who insist they need to have 'copy' on them, here's why they DON'T need it..here's why D. Carr DIDN'T have to put 'copy' on them, so you'll need to forget about them and move on. So, here's why you all are wrong about 'copy' HAVING to be on them: 1) These are not copies of Peace silver dollars - they are privately over-struck on GENUINE government-issue Peace silver dollars that were originally minted from 1922-1935. 2) According to the US Treasury, no 1964 Peace silver dollars survived - so this can't be a copy of one since they don't exist. 3) Defacing of US coins is legal so long as the defacement isn't for fraudulent purposes. Those that own them, and we are talking about REAL coin collectors, love them, and alot will hold them long-term, if not forever. And lastly...ONLY ANACS is slabbing these, as they have a contract with Moonlight Mint to slab all Moonlight Mint products. At first, even they wouldn't slab them, but then recanted and decided to slab them, identifying them for what they really are. So, this discussion, reasons why they should have 'copy' on them, whether they are a legit collectible (ever hear of exonumia??), has been beaten to death. If there were any legal reason to recall them, destroy them, arrest Mr. Carr, etc.....it would have been done by now (6 months later). So, you detractors, hate to say it, but you are going to have to learn to live with it, 'cause they will always be around. Not trying to be offensive, just truthful.....
Nope. Makes you a "real" collector Smokey. I applaud your spunk and welcome to the forum dear fellow....
Numismania, ty for the correction there. I was just going on what was said by the others earlier. PCGS or ANACS or ICG or NGC makes no difference on the point. But facts should be correct. green, I'm just getting warmed up dude. LOL Is that a P-38? I'm thinking no, but I cant for the life of me remember what it is.
First thing I learned was 'collect what you enjoy'. So, collect what you enjoy, Smokey! If you are spending YOUR money on what YOU want, NOONE can tell you it's not worth collecting, NOONE can tell you what you should collect....collect what you WANT and ENJOY the fruits of your searches!!!
Numismania, believe me, I will sir. I was being highly sarcastic when I said that. In my years of collecting (coins, fossils, comics etc) I learned exactly that. Value is in the eyes of the person that wants the item. Regardless of snobbery.