Fake coins... a legitimate place in our hobby?

Discussion in 'US Coins Forum' started by BostonCoins, Feb 10, 2014.

  1. BostonCoins

    BostonCoins Well-Known Member

    To Coleguy.... Your words:

    "Just because some people are either too dumb to tell the difference between cheap fakes and the real thing, or just dont have the basic will to care either way, doesn't make it right."

    I find this statement very crude and ignorant on it's face. Not everyone is a coin expert. Not everyone can spend endless hours pouring over book after book, picture after picture to become an 'expert' as you say. To say someone is 'too dumb' to know any better is very rude and uncalled for.

    Don't ever forget, most people start collecting coins for the love of it. Most start off with the easy stuff.... Lincolns... Roosies.. what have you. Later on, when the finances allow, most people grow their collection.

    MANY MANY MANY people buy coins early in their collecting lives without any knowledge what so ever. Yes.. people get duped... Yes... people purchase coins they later regret.... However... that doesn't make them 'too dumb'. They have not learned about the craft enough... That I agree on.... but to outright call someone DUMB is horrible.

    I am a robotics teacher. I've had just over 15,000 students come through my classrooms over the past 20 years. I think I know a thing or two about a person's ability to learn.

    Just my two cents. Sorry for venting.
     
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  3. CamaroDMD

    CamaroDMD [Insert Clever Title]

    This is very true...also I don't know that AT is really defined in the market either, at least to a certain degree. I'm talking about the difficulty of detecting AT verses NT...I'm talking about what constitutes the process of AT. Now, everyone knows chemically altering the surface of a coin and placing it in an oven as AT. But, is intentionally placing a coin in an environment for a long time AT? Is placing a coin in a paper envelope on the window sill for 6 months (with obvious intention to tone it) AT? Or even less suspicious, is using coin folds/books known to tone coins in the hopes of toning a coin AT?

    You or I may have specific ideas on what the source of acceptable toning is...but there is certainly no widely accepted standard. I think if we had an accepted standard...we might be able to devise better ways to distinguish NT from AT. But then again, maybe that would just make it more complicated.
     
  4. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think too many people in this world mistake lack of intelligence for lack of education (or on the flip side...too many people mistake education for intelligence). I'm not just walking about coins, I see it in all walks of life.
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    I asked all of those questions many years ago, and many times. Nobody ever answers because they don't like the answers, or they answer - that's different.

    But it isn't different, not different at all. The only real difference between AT and NT is intent, or lack thereof. Because since both are caused by the exact same things, that's the only difference there can be.
     
  6. statequarterguy

    statequarterguy Love Pucks

    Some of my favorite coins are the Gallery Mint Museum reproductions, which are all marked copy, either on the obverse or reverse. These coins fill gaps in my collection when the cost is not affordable or so high, I choose not to spend my hard earned dollars on the real thing. An added benefit is these coins can be displayed without much concern that they will be stolen.

    Counterfeits meant to deceive have no place in any market.
     
  7. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I personally agree with you. To me, if the intent was to color the coin...then it is AT, no matter how it was done. I love those threads where people ask "how do I tone a coin naturally?" when the only answer is you don't.
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    What about the market for counterfeits ?

    edit -I ask that question because just about all counterfeits were made to deceive when they were originally made. Most were made to be passed as money, few were made to fool collectors. But in both cases they were made to deceive.

    That said, there is a group of people who like to collect counterfeits. And many of them are sold as counterfeits. And that is the market of which I speak.
     
  9. coleguy

    coleguy Coin Collector

    I wasn't specifically talking about coins. Like Camaro said above, it was pertaining to the original statement about people buying fake watches and purses and being perfectly happy about it. That, in itself was the ignorance I was referring to, in the context I plainly stated so. Nowhere in that statement did I once mention coins.
     
  10. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I think the modern made counterfeits...coming out of China today do far more harm to the hobby than good. I know some people collect these, and I'm fine with that...but they are a big problem IMHO. Now, I know that many contemporary counterfeits are collected and I'm find with that. My concern is...at the rate things are going, we might reach a point where Chinese fakes are more common than the real thing.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    We reached that point with many coins long, long, before the Chinese fakes ever became an issue.
     
  12. geekpryde

    geekpryde Husband and Father Moderator

    I think collecting known counterfeits is perfectly acceptable form of this hobby, just like collecting slabs, or colleting coin auction catalogs. It's an interesting and possibly affordable way to be in this hobby.
     
  13. statequarterguy

    statequarterguy Love Pucks

    I don't know, is that a black market - is it legal to sell a counterfeit if it's sold as such?
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    There are those who will argue that it is not legal, but it happens right out in the open every single day. And the USSS has stated they have no problem with it.
     
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