Fake Indian Head Cents IHCs flooding eBay

Discussion in 'Coin Chat' started by RBBDoughty, Jan 27, 2015.

  1. RBBDoughty

    RBBDoughty Author, President Oklahoma Numismatic Association

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  3. rooman9

    rooman9 Lovin Shiny Things

    Man those are uuuuuuugly! I wouldn't buy them even if they were real :) Seriously people. Just take a look at the dates, fat and sloppy.
     
  4. Hommer

    Hommer Curator of Semi Precious Coinage

    They are obviously fake. All have the same scratch on the chin neck and die crack over the I in America.
     
    Last edited: Jan 27, 2015
  5. geekpryde

    geekpryde Husband and Father Moderator

    Look at all the bids!
     
  6. Markus1959

    Markus1959 Well-Known Member

    Holey Moley - So many "suckers" for so many FAKE coins from China!! Gotta feel sorry for the uninformed but can't tell them cause they always seem to know more than an experienced collector!!
     
    JPeace$ and tommyc03 like this.
  7. -jeffB

    -jeffB Greshams LEO Supporter

    Reported each of them. Every once in a while eBay still knocks down auctions for fakes. With these ending so soon, though, the odds are heavily in the seller's favor.
     
  8. Mainebill

    Mainebill Bethany Danielle

    There all gone when I clicked on it. There is a lot of bogus ihc out there all a sudden
     
  9. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    FYI buying raw coins off of ebay is like having sex without a condom with a prostitute that has Vd or aids , Yea you are bound to catch something bad




    first off let me apologize to the admins or anyone that gets offended by this post, but it's the truth no matter which way you put it and I'm trying to keep it pg-13
     
    JPeace$ likes this.
  10. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    investing in coins is it calculated process, I would suggest you do not buy raw points off of ebay. Unless you can physically test the items yourself.
     
  11. Treashunt

    Treashunt The Other Frank

    what a load of trash.

    and he has 100% positive fb?
     
  12. Hommer

    Hommer Curator of Semi Precious Coinage

    I look at the things that wre bought or sold in the feedback section and who the buyers were. Most always the iteams have been removed and the buyers are the same ones that you see selling fakes elsewhere. Same clan.
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    That's just because they finished. They still show up in the seller's completed/sold auctions, along with an array of other obvious fakes. He's got a good thing going; he's made close to two grand off these since November.

    Dismantling that Coin Community Watch Group is working out great for eBay! Think of all the revenue they'd have left on the table if they'd shut down this guy in November.
     
    mlov43 likes this.
  14. rooman9

    rooman9 Lovin Shiny Things

    And yet they still are laying people off and loosing money..... Just shows a poor business model I guess.
     
  15. RBBDoughty

    RBBDoughty Author, President Oklahoma Numismatic Association

    It appears that these fakes are being sold to legitimate dealers who list them on eBay, too. I'm starting to wonder if eBay will lose its credibility or if people will continue to spend thousands of dollars on fake IHCs each day.

    Selling counterfeit rare coins on the internet seems to me to be a serious issue. As in a federal offense. The media industry is focused on shutting down peer-to-peer file transfer networks to protect their copyrights, yet the US government seems to do nothing about the networks that perpetrate their copyrights to classic US currency.

    In fact, it seems eBay has now become a safe-haven for a black market of counterfeit coins. You should have seen what someone spent on an 1878 Shallow-N a while back.

    http://www.ebay.com/itm/1868-Indian...601?pt=LH_DefaultDomain_0&hash=item19fb064181
     
  16. joecoincollect

    joecoincollect Well-Known Member

    I didn't notice the the fat date in the 1909 one. It looks cleaned though
     
  17. lucky43113

    lucky43113 Active Member

    Be careful ebay had an article on yahoo saying reporting to many sellers can get you banned for harassment..just a heads up
     
  18. RBBDoughty

    RBBDoughty Author, President Oklahoma Numismatic Association

  19. lucky43113

    lucky43113 Active Member

    report on cnbc last night china is looking into ways of stopping the counterfeits on Alibaba lol what a joke
     
  20. rooman9

    rooman9 Lovin Shiny Things

  21. Conder101

    Conder101 Numismatist

    If by "classic US currency" you mean coins, the government does not copyright the designs for coins.
     
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