Note: This is cross-posted on three numismatic forums. 501 lots of modern Chinese "flea market" fakes (so-called because you find them at just about every flea market for a couple bucks). Auction house doesn't physically exist. Location claims New York City, but shows as Hong Kong local time. Hmmm... I've seen these all over ebay, but this is a first sighting for me of a troll auction house like this. Not surprising though. Guessing there will be the usual slew of shill bids as well. https://www.auctionzip.com/auction-catalog/Collection-of-silver-coins_IJXYDPYCMC/?displayNum=200
Gotta love the detail under 'view additional info'. Just picking the 1795 dollar, we are educated that this a 'silver coin', with no mention of denomination or suggested grade. It's tempting to ridicule, but probably more important to focus on detection. The Morgan's don't look bad from a distance, so will likely fool some anxious buyers.
Omg (not) Fake news about a fake auction house with a fake address selling fake coins in fake slabs. Maybe we should buy a bunch and pay for them with fake credit cards and fake checks. And use fake names too. When is it going to stop. I love how all the coins have almost identical color. And they’re just listed as silver coin. If they actually were silver at least they’d have bullion value.
Just as an aside, there was a story not long ago about a guy collecting expired credit cards. Somehow that seems to belong in the same category. Chinese fakes flooding the market and kids giving up to collect plastic. Not good signs.
People collect everything. I guess credit cards are a form of exonumia. Considering that there would be a huge variety and most not surviving due to being destroyed upon expiration date, I can completely understand why there would be interest in collecting them.
I do not disagree. It would make quite a display and even show historical design trends, so what's not to like? Only thing is, sooner or later the collector might run out of side interest. Lacking the endless connections that coins have, from natural resources to social histories via circulation, to name only two, credit cards are flat by comparison (npi). I guess the cards could be categorized by APR or level of debt that they caused. But they'll never have the salivation potential of a Chain Cent. I would think one museum ought to do.
As hobbyists we all tend to get tunnel vision for our craft. People have always collected just about anything collectible. Credit cards are somewhat more modern, but people collecting them is unlikely to change the lay of the land. It's just another side or main hobby out of thousands
Right on there. I heard that there might soon a physical BitCoin, though who knows why. But in 1000 years it might be the world's Chain Cent.
Physical bitcoins were issued from 2011 to 2013 I believe. They are highly collectible and even after being redeemed sell for steep prices. First generation ones go for thousands, even with zero bitcoin value on them. Check this bad boy out https://en.bitcoin.it/wiki/Casascius_1000_BTC_gold_coin "With the rise in value of Bitcoin in late 2017, as of January 2018, 1000 BTC is worth ~$15,000,000.00 USD, making the 1000 BTC Casascius coin likely the most valuable coin in the world."
Fascinating, and thank you for catching me up on digital history, but I still don't care. Will never be as valuable to me as a silver dollar that Washington might have had in his pocket.
