Almost complete set of Seated Liberty

Discussion in 'Coin Chat' started by steverr1, Jan 12, 2012.

  1. pumpkinpie

    pumpkinpie what is this I don*t even

    of metal content, (from the chemist in me) i might take a guess that they are a heavier transition metal like cadmium. Cadmium comes to mind because it is almost identical in weight to silver. I guess the counterfeiters finally realized that nickel IS magnetic, and magnets are a commonly used counterfeit spotter.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. medoraman

    medoraman Supporter! Supporter

    Easier, (and cheaper), way is to simply have a mixture of lighter metals with lead composition. Lead is very useful, it can balance a lot of lighter metals, and is very cheap. I have seen pot metal in these coins that was a perfect sg to silver.
     
  4. steverr1

    steverr1 Member

    Pumkinpie you probably are correct. Thing is, and everyday I am amazed, that no one seems to be putting/writing legislation that would completely ban reproductions-copies or what ever to stop this. The figures I see concerning the amount of money involved each day entering the U.S. that is counterfeit is ..well...unbeliveable. Who knows how many other countries are doing the same. I will admit that after all these years I could be taken by any number of their methods. While I study as much as I can I still worry and question almost evey coin I see. I recently heard of an investment group getting taken for a million dollars in a gold purchase. If their experts couldn't tell the gold was fake I have NO chance! Its just a matter of time I suppose. Actually my biggest fear is passing on through a sale some item I was too dumb to catch. Say a fake slab or something. Even in bullion, say a fake maple leaf, you have to now know what veins belong where and so forth. Its almost too much for a small dealer to keep up with.
    So, maybe, just maybe someday soon a politician will have enough clout to get something passed. Even if a law promising death came about today the counterfeit population is so large it would take several life times to sort it through. Can't imagine years from now what delayed laws would add.
    On a good note the hobby is still worth all the schooling, its just that we need some stronger legal help.
     
  5. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    i dont likem , they look fishy to me..
    look like chinese crap, dont buy raw coins
     
  6. kookoox10

    kookoox10 ANA #3168546

    If the government can go on and on about keeping the 1933 double eagle out of collectors hands and spending tax payer money to send those that possess one into the court system. Then they can surely write a law on counterfeiting and other such tomfoolery to our currency. You would think that would be more important.
     
  7. Hobo

    Hobo Squirrel Hater

    Guys, there is a law already in place. It is called the Hobby Protection Act of 1973.

    The problem is the counterfeiters in China are not bound by OUR laws. It is perfectly legal to make counterfeit coins in China - as long as they are not dated 1949 or later. (Yes, I know there are exceptions to that.) The HPA cannot prevent someone in China from making counterfeit US coins but anyone in the US who sells those counterfeit coins (if the coins are not properly marked 'COPY') is subject to the law.
     
  8. GDJMSP

    GDJMSP Numismatist Moderator

    OK, so what made you two think that ? You can't see the coins so that sure wasn't it. I knew the coins were Chinese fakes because Steve asked me about posting them before he ever did, but I didn't say anything to give a clue either.

    So what made you think they were fakes ?
     
  9. Hobo

    Hobo Squirrel Hater

    The sets Dr. Duboy had were in the same kind of folders.
     
  10. jello

    jello Not Expert★NormL®

  11. medoraman

    medoraman Supporter! Supporter

    Same here. I posted that the holders was a dead giveaway, and if they were in a good Dansco I would have had to look at them closer Doug. :) I simply have never seen coins in those holders except in China and SE Asia.
     
  12. rodeoclown

    rodeoclown Dodging Bulls

    I just noticed the folder really and responded to Doug's response and the other question the OP made without even looking at the larger pictures to say if they were fake or not because I didn't care to go that far. :)

    I wasn't surprised by the folder actually, I've seen some people do some stupid things with real coins, like stack valuable coins in baby food jars to store.
     
  13. pumpkinpie

    pumpkinpie what is this I don*t even

  14. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

  15. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    noooooooooooooooooooooooo you shoulc call the usmint tell them where you got it from they can catch the scammers
     
  16. jloring

    jloring Senior Citizen

    lol.
     
  17. jloring

    jloring Senior Citizen

    Hey Taxi... just remember this:

    please don't buy it as the original coins.
    I sell them only to add your collections.
     
  18. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Of course! Also, all "Dollars Coins has a "copy" stamped on the surface."
     
  19. JCB1983

    JCB1983 Learning

    Man crazy post. I must have looked at thos photos for 45 minutes.
     
  20. jloring

    jloring Senior Citizen

    Yep... and somehow that "COPY" stamp disappears between China and the U.S.; I seriously doubt if there has ever been a single Chinese replica that has been stamped "COPY".
     
  21. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Oh, that's an easy one. You see, most people are not happy with "COPY" stamp location, so Chinese sellers send the coin as a part of DIY, so you could stamp it yourself.
     
Draft saved Draft deleted

Share This Page