Hey guys, So I was looking at some Peace Dollars on eBay and ran across a 1965 D Daniel Carr Peace dollar for $128. Why is it so expensive when it is just a replica? Also, is it possible that he could be jailed for counter-fitting because some of his coins look similar to the real ones?
Carr strikes these over original Peace dollars. And with all the mystique over the mint producing and subsequently melting a 1965 Peace dollar Carr happened to strike a vein with collectors dreaming of what never was. Whether you agree with his methods or not, his work is exemplary and his fantasy 1965 dated dollar is quite popular and hard to find. That is a reasonable price for that piece.
There's been a lot of chatter in past threads about DCarr's coins and whether it's counterfeiting, etc etc. In the end no matter our opinions of support or not, he still makes all of his coins (have you looked at his website for all of his offerings?) and he isn't in jail. So just that should tell us if it's considered a counterfeit or not. I own one of his coins which has 2 designs that I really like. Couldn't resist, though as mentioned you pay for it. http://www.dc-coin.com/1grabenercoinpressmedallionsaleprice-1-2-2.aspx
All those house-builders and home handymen need to start worrying??? Will this be the death knell for kitchen and bathroom counters in the home?
Not even for counterfeiting... Dan has cleverly carved out a very nice little legal loophole for himself. Who knows? Maybe he has a friend in the Denver U.S. Attorney's Office as a "coal mine canary". This much I know for sure, having talked with him; Dan is BRILLIANT. I have things whose popularity I'll never understand either - like toned Morgans.
Quick lesson in 'counterfeit': coun·ter·feit /ˈkoun(t)ərˌfit/ adjective 1. made in exact imitation of something valuable or important with the intention to deceive or defraud. "two men were remanded on bail on a charge of passing counterfeit $10 bills" synonyms: fake, faked, copied, forged, feigned, simulated, sham, spurious, bogus, imitation, substitute, dummy, ersatz; More noun 1. a fraudulent imitation of something else; a forgery. "he knew the tapes to be counterfeits" synonyms: fake, forgery, copy, reproduction, replica, imitation, likeness, lookalike, mock-up, dummy, substitute, fraud, sham; More verb 1. imitate fraudulently. "my signature is extremely hard to counterfeit" synonyms: fake, forge, copy, reproduce, replicate, imitate, simulate, feign, falsify, sham; informalpirate "my signature is extremely hard to counterfeit" Re: Daniel Carr and his coins- he/they do not fit any of these definitions... 1)Not exact imitation and no intention to deceive or defraud. The dates used take care of that, as well as the fact that none of them are designed to go into circulation. 2) There is no fraudulent imitation. 3) He provides fantasy coins. He is selling his art-work, as it were, in a legal market. Now his coins may fit some of the synonyms used for 'counterfeit', but synonyms don't necessarily carry the exact same definitions as the word they are synonyms for, so they may be useful or they may be a watered-down version of the most accurate word. The biggest issue with trying to pin counterfeiting as a legitimate charge for him would be the intent to deceive or defraud. There is zilch. And as a criminal endeavor, intent or actual deception is pertinent.
I'll only add ONE relevant thing - ARGUABLY he could STILL be in legal jeopardy if he were using "virgin" blanks, but he is not. He is overstriking actual legal tender coins, and that matters. Why does that matter? Because if striking things on top of actual coins without fraudulent intent were illegal, you wouldn't be able to build enough federal prisons.
He also puts in legal disclaimers on his sales site. These disclaimers are important, and are much like any other person doing business putting up disclaimers.
Yeah, you can look at it that way. Of course, hobo nickels are "damaged", too, but good ones from well-known artists still command a hefty premium.
So can you still spend a Carr piece of you wanted to, theoretically. Since it is technically a damaged US tender one dollar coin, it would be no different that spending a damaged quarter you found, which is why it would not fall under counterfeit perhaps - since it is still real money, just “damaged.”
Interesting question. I mean, he says on every coin listing "do not use as legal tender", and you'd be a fool to spend something for one one-hundredth or less of its actual value, but I'm not sure what law would be violated if you did.
I think the elongated coin and his are 'equals' when it comes to saying why he is not counterfeiting coins. He impresses a new image on a regular coin basically.