Legal counterfeit?

Your original one? No it doesn't

 

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Not to the informed.

As for the uninformed, isn't it their responsibility to educate themselves before going to ebay and bidding on coins?

 

Thanks. I had people tell me that, but could never prove it.

 

No , I was replying to Harrync's link to tributes. Some people commented that if the coin had a denomination that then it could be considered C.F.

 

And it gets worse...
https://www.usmint.gov/news/consumer-alerts/consumer/foreign-coins

Each year a small number of foreign governments issue coins with designs that feature subjects from United States culture and history, such as U.S. Presidents and the September 11, 2001 terrorist attacks. Few, if any, of these coins, appear to be marketed within the country that issued them. It is important to note that even if they are denominated as “dollars,” they are not designed or manufactured by the United States Mint, and they are not legal tender in the U.S. They are promoted by private businesses in the U.S. for sale through newspaper, television and web advertisements

 

I agree but I believe it should be more controversial.

 

Replying also to maxfli: I believe that in some states, if a seller confesses ignorance of the value of an item, and the buyer claims to an expert, and claims to be paying a fair price, when in fact the amount paid is unreasonably low, the buyer is committing fraud. Not sure if this would apply to an eBay seller, though.

 

The worst part about this is the .24 pure gold. You say you would pay $25, but they are marketed at over $100 and in selling areas that imply that they contain 1/10 ounce of gold. A lot of people get suckered into buying these thinking that they are getting 1/10 ounce of gold. The reason they use .24 is because of the similarity to 24 carat.

 

As another point of view if you decide to leave your coin collection to an heir be sure they are trained and well communicated to on how to sell it. Numismatics is a very tough road in the BEGINNING in not buying CRAP as in this piece or NOT to get ripped off when moving forward. Even for a pure investor its better BUYING $20 Gold pieces than bullion 1oz Gold IMO if they knew the right dealer(s) and current prices if slabbed such as the NGC & PCGS guides. I trained my youngest daughter who likes coins by taking her to the NYITL Show every year and giving here money and a list of dealers to visit. She also has instructions on how to sell my collection. What about my oldest daughter? Don't ask ... LOL.

John Lorenzo
Numismatist
United States

 

Excellent pictures

 

More counterfeiting, by your own uncle...
One of the most highly publicized U.S. coin rarities is the 1804 silver dollar, of which fifteen specimens are known to exist today. Researchers have determined the 1804 dollars were actually struck in 1834-35 for proof set purposes. Jefferson's silver dollar ban of 1806 was still in effect, and so to avoid the appearance of violating the prohibition, the date of 1804 was chosen. Re-strikes of the "1804 dollar" were issued in 1859 to satisfy a few well-connected collectors.
Counterfeiting. ??? In violation of a prohibition?
Or no, because it was not meant for circulation???
Very vague indeed.

 

They are? I copied from Google LOL

 

How does Daniel Carr get away with making a substantial living off of restriking his own exact US Mint designs on US Mint coinage with a Denver Mint press, and is not charged with counterfeiting? Bernard Von Nothaus minted his own designs which was affirmed legal by the Treasury Department and was convicted of counterfeiting and terrorism. The gold and silver of private citizens was confiscated, one man died in prison, and the government threw out scare tactics to ebay and anybody else defying them by selling these coins publicly. Now that they've established their position of "Big Dog" people sell them as they please.

 

Currency Image Use -- Reproducing Color Illustrations of U.S. Currency



Federal law permits color illustrations of U.S. currency only under the following conditions:

• the illustration is of a size less than three-fourths or more than one and one-half, in linear dimension, of each part of the item illustrated;
• the illustration is one-sided; and
• all negatives, plates, positives, digitized storage medium, graphic files, magnetic medium, optical storage devices and any other thing used in the making of the illustration that contain an image of the illustration or any part thereof are destroyed and/or deleted or erased after their final use.
  18 U.S.C. § 504(1), 31 CFR § 411.1.

 

Size matters LOL

 

Sigh, I knew sooner or later this would turn into a Carr thread.

Von Nothaus struck bare metal into dollar-denominated coins, with the intention for them to circulate as money, competing with US dollars. That's exactly the sort of activity that even the most ancient anti-counterfeiting statutes sought to eliminate.

Carr restrikes coins with the same denomination, having no effect on the money supply. Now, fraudulently altering a coin to appear to be one with a higher numismatic value is, well, fraud. Restriking a valid coin into a not-previously-existent variety, and marketing it transparently? That's a tougher call. It's hard to distinguish from, say, carving a hobo nickel or a love token.

So far, nobody has been able to convince any law-enforcement authority that Carr's work justifies prosecution. As I understand it, at least one person has tried.

 

Can’t let this thread go by without a visit with my Conrad Braun pieces. He intended them to be used in commerce
Not dollar denominated
Gold Standard Corporation
Kansas City MO