At a pawn shop of all places

Lol

 

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Ok, ok, i learned my lesson. Im a total greenhorn. This is me wanting my money back

 

Guys, just having some fun. y'all dont have to try to hurt my delicate greenhorn know nothing about coins feelings.

 

You gonna try to return it? What's your next move?

 

Fat chance of getting my money back.
Its out of the brokers hands now.

 

Maybe look at it as a $50 crash course in counterfeit identification?

 

My first thought: "I don't know much of anything about early copper, but..."

My second thought: "...I remember seeing a 1799 dollar show up in my local pawn shop a few weeks ago. Right next to an 1865 Washington quarter, silver dollar sized."

My third thought: "...but I also remember one of my first visits to that same shop, where they'd laid out a bunch of Morgans for $22.88 each, and one of them was an 1895-O, and it was completely legit."

I'd try taking that half-cent back. Pawnbrokers aren't always the most upstanding dealers, but in my experience they do not want to get a reputation for passing off counterfeit goods as legitimate. (My shop presented that 1799 dollar, the "quarter", and about six similar items as fakes, and sold the batch for $10 total.)

 

Someone correct me if I'm wrong, but if the dealer is a PNG member, you've got a chance of getting your money back.

Chris

 

I think you are entitled to your money back. From a legal sense. Selling counterfeit coins is against the law.

 

Pretty much 0 percent chance a pawnshop is part of that

 

I agree no chance PNG member, but still inform them why you know its a fake and try to get them to allow a return based upon selling counterfeit US coin, which the secret service is supposed to oversee.

 

I bet he was in a hurry so you didn’t have time to look close. I guarantee the 1799 lc was fake as that’s a very tough key date

 

Actually, this would be considered the sale of an improperly marked replica. The SS doesn't get involved in transactions not involving currently circulating (or is it currently produced?) monies. As a collector, I disagree with they're 'turning an eye' to these fakes, but I think they feel it falls into the same category as fake Gucci handbags. There is also the problem of intent and knowledge of it being a fake, which is nearly impossible to prove in a situation like this.

So while I understand you're point, going about it in this way could turn out to be nothing more then an embarrassing moment for the OP.

And because I'm sure you're interested, I know this after a very long discussion with my local (Tampa, FL) SS office regarding a fake Trade dollar. So if the fake isn't currently being produced by the BEP or the US Mint, the SS doesn't really care.

Sad, huh?

 

Go back and at least attempt to get a refund.

 

Sorry to hear you got taken. Hope you get your money back. Having said that, this...

should've been your first clue. No legit sales person, pawnshop or otherwise, would respond to a customer in this manner. I would've set the coin down and left just because of this. That is unless I was 100% sure it was real. Then I would've bought it at his price and then told him how much money he just lost and walked out.

 

See looks to happy

 

Bring a news crew. Picket outside with a sign saying he is selling counterfeit coins.

 

Unfortunately, this is definitely fake and a well-known fake in the early copper world. The obvious tell is that the reverse is wrong for the date. There are a lot of fake Draped Busts with this reverse, which belongs with one of the Spiked Chin varieties, 1804 C-6. Lots of people have gotten taken in by these, unfortunately.

 

Considering what they were selling the coin for would be strong evidence that they knowingly knew it was counterfeit. They wouldn't sell a many hundreds of dollars coin for fifty bucks.

 

Selling price of a product does not determine authenticity, or lack thereof, nor does it prove or disprove seller's knowledge and understanding of a specific field. All it proves is that a businessman bought at item that he could sell for a profit at $50.