Bad to the Bone 1856 FE and Holder

Discussion in 'US Coins Forum' started by Jack D. Young, Oct 17, 2019.

  1. Jack D. Young

    Jack D. Young Well-Known Member

    This one has been making the rounds.

    Owner states his father purchased it years ago from a major auction house and now he (the seller) has become unemployed and is looking for a quick sale- told me it sold for over 70K in the past and was interested in my offer.

    I obviously didn’t make an offer and he listed it on eBay this morning. Already ended it after I explained what made it such a poorly executed fake AND holder.

    Images include his jewel, the genuine example and the PCGS on-line cert info.

    Pretty easy to see the issues!

    obv.jpg
    rev-pcgs.jpg

    heritage.jpg

    cert on-line.jpg
    comp.jpg
    Best,

    Jack
     
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  3. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Have you told him that selling this “coin” is a felony with severe consequences?
     
  4. -jeffB

    -jeffB Greshams LEO Supporter

    That label... it's like they're not even trying. :(
     
    Jack D. Young likes this.
  5. C-B-D

    C-B-D Well-Known Member

    Thanks for all you do, Jack.
    - John Call
     
  6. Jack D. Young

    Jack D. Young Well-Known Member

    Seller's response to my note: "Okay, I'll remove until further legitimacy can be performed, but I'm confident in its provenance"…

    Clipboard01.jpg
     
    Stevearino likes this.
  7. johnmilton

    johnmilton Well-Known Member

    I don't think that a REAL 1856 Flyer in MS-65 has sold to anyone for $70k. I've never own one, so I could be wrong, but that price seems way too high.

    I guess the Chinese don't have the right typewriter to make the labels.
     
  8. Jack D. Young

    Jack D. Young Well-Known Member

     
    C-B-D likes this.
  9. ksparrow

    ksparrow Coin Hoarder Supporter

    That's a pathetic fake pcgs holder/label.
     
  10. Mainebill

    Mainebill Bethany Danielle

    All I can hear is George Thorogood
     
    Johndoe2000$ and Jack D. Young like this.
  11. Mainebill

    Mainebill Bethany Danielle

    And it’s a horrible fake holder too
     
    Jack D. Young likes this.
  12. Mainebill

    Mainebill Bethany Danielle

    Looking at auctions they’ve sold for 52k and $94k for the most recent. A 64 went at $38k this year
     
  13. dividebytube

    dividebytube Active Member

    Hard to see the coin through the washed out plastic of the fake holder but that doesn't even look close to what I would want for a M65.
     
  14. johnmilton

    johnmilton Well-Known Member


    Unfortunately there are people who know nothing more than what is written on the slab. They don’t have the expertise to question what is in the holder. They only look at the label.

    Some of them even have the brass to tell expert collectors and dealers that they have no business questioning the opinions of “professional graders.” Those people are “meat on the table” for unscrupulous sellers.
     
  15. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Not being incredibly familiar with 1856 FEs, the coin itself seems to be a pretty good fake. Can someone point out some significant markers that the coin is fake?

    That PCGS slab is not even close, however.
     
    Sunflower_Coins likes this.
  16. dividebytube

    dividebytube Active Member

    I'm wondering if the coin is real and the slab is fake. But there's no real good pics for me to decide either way. Not that I'm an expert on the FEs.
     
  17. johnmilton

    johnmilton Well-Known Member

    I have tried to key in on the on date. Here are the photos.

    Real coin, from PCGS "Coin Facts"

    1856 Flyer date.png

    Coin in fake slab.

    1856 fake flyer certtifed O Date.jpg

    1856 Diagnostic

    1856 Flyer diagnostic.jpg

    If you draw in line down from the point of the "hat" of the "5", it runs parallel to the ball of the "5." I don't think that's true for the thing in the fake slab.

    I don't want to tip off the counterfeits to every error they make. They are getting to be too good alread.
     
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