You must not believe me. http://shop.ebay.com/i.html?_nkw=19...oins_US_Individual&_odkw=1909-S+VDB&_osacat=0 Look up 1931-S replica as well. I dare you to buy one of those replicas for $2. See if it arrives with a copy or replica stamp on it. Believe it or not, there are a lot of people who buy these replicas of all sorts just to fill holes in albums. I'm not saying for sure that you didn't get a real one. I'm just saying for $40, there's a much better chance that you got an album with replicas mixed in than real ones. How do they look? Are they crisp or well circulated?
No, .. Heck that buy was several years ago.. It was my best local find.. I sold the 31s Since I had one and made a Mint on it..
The biggest red flag to me is that he won't allow you to take the time to look through the bag while only letting you glimpse at what's there. Totally bogus. The second biggest red flag are the early 1800 sliver (big counterfeit risk). Why would a yard sale person have slabbed coins and claim he doesn't know what he has? No way, Jose. Do not walk.....RUN AWAY.
Tell him you want to have a friend look at them to see if they are real. Take them to the coin shop and see what they say. Sell to coin shop and keep all but $5500 or if fakes take them to the police.
ROTFLMAO! If this forum had a section for Quote of the Day, I'd nominate this in a hearbeat! On a different note... Come to think of it, the fact that he DOESN'T want to sell them individually really makes me think twice, but then again I'd be the first sucker to buy them if I had that kind of money. I'm still wet behind the numismatic ears (of wheat).
Offer him $5500 for the garage and tell him to keep the coins, at least you can see what the whole garage looks like.
I see the red flags flying around this one too, but there could be extenuating circumstances. For instance the man turned down 4k from a dealer, he needs 5500 for some reason important to him, and that magic number is what he is shooting for, he might have a medical issue that impairs his judgement, so everything is just jumbled into the bag. Yeah they are stretches.
Tell you another thing that might be in his favor...if he's trying to pass off counterfeits, hell, he lives right next to his garage, presumably. :rolling:
So let me get this straight, they sell it as 'replica' or 'copy' on it in the description, to my knowledge any coin that is stamped as 'replica' or 'copy' is legal, but when you get the coin it doesn't have 'copy' or 'replica' stamped on it? Who makes these coins then? Do chinese counterfeiters make them? Or some type of museum makes them? It would be interesting to buy one for study purposes...
I have 2 Trade Dollars.. See my earlier post on COUNTERFEIT TRADE DOLLARS.. They ( I Think ) were made in China early 20th cent. But I CAN"T get rid of them.. due to NOT being Stamped at all.. I would never try to pass them as real but as Learning tools.. But whoever I sell them to may pass them .. So I am Stuck with them..
How many folks going to garage sales carry $ 5000 around & how many garage sellers will dump out a bag of old silver coins in front of total strangers coinfused :goof:
Don't be coinfused Pappy... eBay isn't the only place these people operate. I have a hunch there's no "silver" in that bag...
Susan Headley interviewed Chinese eBay seller "jinghuashei" in the Feb. 2 issue of Coin World, an article entitled "Chinese fakes deceive some FUN dealers". These Chineses sellers are using laser technology to perfect their dies and are using planchets that will fool most. The "copy" stamp must be added as a secondary operation, and will not be there unless specifically requested by the buyer. Chinese power sellers carry alot more weight with eBay than you think, and appear to have some type of immunity (diplomatic or othewise)... there are thousands of unstamped counterfeit coins sold weekly on eBay.
Damn, jinghuashei was selling it too...yeah, I need to subscribe to coin world, why doesn't it have that in numismatic news? Coin world is weekly right? That's incredible...I have to say though the lincoln cents did look very high quality..this explains why. The coin definitely had some luster..which means it must be struck as frost from striking coins (the luster on an uncirculated coin) looks like a diamond pattern under magnification..can't be replicated with cleaning either. As I write this, I think it would be interesting to buy one for study...as long as I don't sell it is it ok to buy one for study purposes?
I was at a flea market today and bought a Harris Folder for sacs. I paid 50 cents and the folder had three sacs in it!!!
Hey... that's your decision. My opinion is one counterfeit coin in hand is worth a thousand pictures. So it's OK as far as I'm concerned, but there are some on CT who would oppose this type of purchase. My argument is that anyone can buy a set of metal stamps and mark the coin themselves (if you feel guilty about having an umarked replica). As far as the OP goes, I believe the concensus is: don't lose any sleep over this "missed sale".
Thanks all.. The main reason he didn't show me all is due to me NOT having the $$.. But I think I will stay away.. Too good to be true...