Fake 1930 Australian Penny, Report it!

Discussion in 'World Coins' started by rooman9, Aug 10, 2015.

  1. rooman9

    rooman9 Lovin Shiny Things

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  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Can you give your reason why it would be a fake? I don't know and would like to learn.
    I see a mintage of 3000 for 1930
     
    Last edited: Aug 10, 2015
  4. Bedford

    Bedford Lackey For Coin Junkies

  5. rooman9

    rooman9 Lovin Shiny Things

    The date is pretty bad. Also the text on the fake looks a little fatter than a real one (pictured below). I almost feel like it has a cartoony look to it. Also the dots around the date are much larger than they should be. Counterfeiters usually make the king look good which is always surprising to me. I think that would be much more difficult than the letters.
    The 1930 had a very low mintage due to the depression. No coins were actually supposed to be minted that year but I guess the employee's made some anyways. They are very valuable in any grade.
    1930penny2.jpg $_57-1.JPG $_57.JPG
     
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  6. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Thanks for the information. I see the differences. And only 6 proofs were minted in 1930.. Imagine what that could be worth! :wideyed:
     
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  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Whoever thought making fake pennies wouldn't be profitable?
     
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  8. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    It took 18 bids and was sold for $122.50 :facepalm: Oh snap... coin was located in Latvia
    sold.JPG
     
  9. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    :watching: I had to google Latvia to see where on Earth is was located! :dead:
    Latvia.JPG
     
  10. rooman9

    rooman9 Lovin Shiny Things

    Dang it! Ebay has been really bad about taking off fake coins lately. yea this probably came from Russia or something.
     
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    Unbelievable! Makes me wonder if crime really does pay. Or, what can I create that fools will buy? :rolleyes:
     
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  12. rooman9

    rooman9 Lovin Shiny Things

    Well create a $14,000 dollar coin and sell it for $100. I wonder how the buyer can think that he got that good of a deal?
     
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'm sure at least 1 person would think so. On eBay I could get at least 18 bids.
     
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  14. Numismat

    Numismat World coin enthusiast

    As with another fake rare Aussie coin we discussed recently (1923 halfpenny I believe) they used a genuine coin to transfer the correct design details. But, as they could not get their hands on a genuine example of the same year, the date had to be changed and that is the most obvious clue.
     
  15. wprime

    wprime Member

  16. Sascha Rouillon

    Sascha Rouillon New Member

    There is a seller on ebay selling DOZENS of "1930 Penny" with the same photo, over and over, just claiming "1930 PENNY not graded or appraised." https://www.ebay.com.au/itm/1930-Au...e=STRK:MEBIDX:IT&_trksid=p2055119.m1438.l2649
    OK the buyers should be doing a bit of due diligence and seeing the feedback history...so many rare 1930 coins! I would report it because ebay should not allow fakes of anything without it being stated - and this seller could not claim innocence! - however the "report this item" link requires 'reasons' and I can't see a choice for "ripping off the naive"! Suggestions?
     
  17. gxseries

    gxseries Coin Collector

    Sadly it just seems that there are incentives for ebay to 'allow' counterfeits to be sold so that they can take 10% of their share.

    The only way to stop them is to force them in expensive lawsuits like what the French companies did almost a decade ago. Or just flood the market with lots of counterfeits. The Chinese coin section looks 'impressive'.

    Until then, it's a buyer's aware market.
     
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