marking known fakes with the word "copy"

Discussion in 'Coin Chat' started by Moe "Wolfy" Wilder, Mar 22, 2021.

  1. Moe "Wolfy" Wilder

    Moe "Wolfy" Wilder Moe Wilder

    If a dealer were to find themselves to be inadvertantly in possession of a "few" fake, forged or all-too convincing modern counterfeit coins, and he or she wished to prevent these well-made copies from re-entering the market as the real thing and also be able to legally resell them, how would said dealer go about engraving or counterstamping the word "copy" into them? Is there a readily available solution, such as a pre-made punch, or would one need to spend the time and effort to individually engrave each letter by hand?

    What's the best solution?
     
    capthank likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. JeffC

    JeffC Go explore something and think a happy thought!

    Maybe those "COPY" punch tools made for keys could work just as well? COPY.png
     
    NSP, Cliff Reuter, Tamaracian and 7 others like this.
  4. William F

    William F Well-Known Member

    Pretty sure that is what they use for marking copy coins
     
    JeffC likes this.
  5. serafino

    serafino Well-Known Member

    I returned a fake silver coin to a seller on eBay and they promptly turned around and sold it again. The coin looked good in seller's photos but was 3 grams too light .
     
    JeffC likes this.
  6. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I like @JeffC solution. I think a simple Dremel tool would get the job done as well.
     
    JeffC likes this.
  7. John Burgess

    John Burgess Well-Known Member

    Kind of ruins the coin if it's a collectible copy or fake of a coin, I mean who in their right mind is gonna engrave or dremel a Henning Nickel?
    Private sale between idividuals, and be clear on what it is, or simply eat the loss.

    I guess you could stamp it "COPY" to sell it and be in compliance with the law from your shop, but I'm pretty sure a counterfeit coin collector isn't going to be interested in one that's been marked, as they would be with one with originality.
     
  8. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I would agree..... I have something of a contemporary 1916-D counterfeit dime. It is actually very well done (added D). I use it to plug the hole in my dime book because my genuine piece is slabbed and I loathe empty holes in coin books. Now, I have a deal set up with my coin dealer buddy and my wife knows to carry all my beloved coins to him when I leave the party. I have a post-it note in the book stating that the 16-D is counterfeit. I know he is an honorable fellow and will not allow the piece to circulate in the coin community.... But you are correct. When I view the book, I don't want to see something engraved on the coin.
     
  9. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    While I thoroughly agree that a fake needs to be clarified as a fake, I would leave it to the experts. It would be very easy to mark a coin as a fake, and be a big problem if the practice becomes second nature. Especially if the one marking the coin does not understand die marriages. This practice could get out of hand very quick.
     
  10. John Burgess

    John Burgess Well-Known Member

    LOL, just thinking what if "The Quarter Master" decides to counter stamp coins with a "Copy" punch.....what if a bunch of folks did that to genuine coins...

    What a mess!
     
  11. Conder101

    Conder101 Numismatist

    The COPY requirement only applies to copies made after 1973, so old contemporary counterfeits can legally be sold unmarked, as long as there no fraud intended in the sale. So if it is being sold as a counterfeit there is no fraudulent intent.
     
  12. Moe "Wolfy" Wilder

    Moe "Wolfy" Wilder Moe Wilder

    To clarify, I purchased a couple hundred fake Chinese/Hong Kong late 18th- early 20th century 20 cent pieces. They look very convincing (no seams or casting bubbles) but are magnetic. I intended to keep one of each of the several varieties and maybe turn the rest into jewelry or sell them as copies, but they aren't marked. If placed in jewelry, they may be removed at any time and be easily confused with the genuine article, so all 200+ (aside from the handful I keep) would need to be marked. This would be a huge job to dremel each letter individually, but the key stamper looks promising. Thanks! o you a link to a seller? If not, I can search around.
     
    capthank likes this.
  13. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    What is the point of marking these? Take a hammer to each one if you don't want them on the market anymore.. Melt them.
    Putting the word copy on them isn't going to stop the thousands/millions that are easily found on allibaba alone.
    Do better research next time so these counterfeiters/peddlers don't make a profit. There are many ways of quelling the problem. Without creating a future problem.
     
  14. Moe "Wolfy" Wilder

    Moe "Wolfy" Wilder Moe Wilder

  15. Moe "Wolfy" Wilder

    Moe "Wolfy" Wilder Moe Wilder

    They didn't cost me much at all, so I rather suspected they were probably fake before I got them near the magnet. I just hadn't considered how difficult it would be to mark them properly. I can't do anything about what they do on allibaba, but I won't let the ones have go out unmarked. Short of physically destroying them by taking the hammer to them directly, that's the best I can do.
     
  16. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    I just think that your intentions are futile. We all have bought fakes, at one time or another. You got taken by not doing enough research, study is the key. You bought fakes and now you want to unload them on the public. Why? There is no use for these, or to buy a punch. Just keep them or destroy them.
     
  17. Badger Mint

    Badger Mint Active Member

    The hobby protection act was written into law in 1973 (16 CFR 304), it doesn't mean that 1973 is a cut off date for marking copies.
     
  18. capthank

    capthank Well-Known Member

    I have a gold Liberty Head on a gold chain as jewelry with "copy" on the reverse from Malaysia.
     
  19. Conder101

    Conder101 Numismatist

    And if you brought them into this contry you committed a crime.

    From the act

    SEC. 8. This Act shall apply only to imitation political items and imitation numismatic items manufactured after the date of enactment of this Act.

    Approved November 29, 1973.

    So anything made after 1973 has to be marked, anything made before 1973 does NOT have to be marked.
     
  20. capthank

    capthank Well-Known Member

    Not a crime but real 22k gold. Also I did not buy this. It was given to me because I collect coins. It is jewelry with good value.
     
  21. Conder101

    Conder101 Numismatist

    capthank, your gold Liberty head is perfectly legal as it is marked, Moe Wilders bringing in several hundred fake Hong Kong 20 cent pieces was illegal. (If he actually brought them, or had them shipped into the US.)
     
Draft saved Draft deleted

Share This Page