What are people thinking???

Is this really happening, its even marked as a fake. I could see maybe a few bucks to fill the slot, but 56 bucks 1909 S VDB LINCOLN WHEAT CENT PENNY PCGS NOT GENUINE - eBay (item 270364397075 end time Mar-26-09 20:18:13 PDT)

 

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Risk takers, are they?

 

It is possible the winning bidder plans on selling it to someone else as "genuine."

 

Unfortunately, these are people that have extra money to waste

 

Which is why I never buy a high/key coin without it being certified

 

Hmmm never thought about that, btw it sold for $67, $70 with shipping. Madness I say, Madness.

 

Crazy, I dunno what some people are thinking. I just hope noone tries to sell it as genuine.

 

I'll bet that's what there gonna do. There's just no other logical reason.
Hoover dam sons of beaches

 

Some people, myself included, collect counterfeits -- especially well-made ones.

Of course, this one went for a good chunk of money, and is in violation of the Hobby Protection Act.

 

...and heres is one for only a dime!!! It will come without the "replica" stamp:http://cgi.ebay.com/Replica-1909-S-...|66:4|65:12|39:1|240:1318|301:0|293:1|294:200

 

Ha ha ha ha ha ha!! Also, ha ha ha ha ha ha.

Allen

 

You can almost bet the buyer will try and resell it as genuine. Remember the good old days at ebay when you could see who the buyer was to track things like this? We can only hope the buyer is honest, but you just know someday the coin will be resold by somebody.

 

1. There are people that know how to open and reseal a slab. Take out a real one, place that one in their and PRESTO, you sell it as real. Then take the real one and send in for slabbing.
2. Sell in a 2x2 as real to someone at a coin show or on ebay.
3. A dealer told me he had purchased a 1916D Mercury Dime raw. Sent it in to PCGS and it too came back as fake. He then sent it to another TPGS and it came back graded and slabbed. Someone that bought this one may try that too.
4. Put in your album, tell people it's real, nice show off piece.
5. When you get it you sit down and say What the heck was I thinking?

 

looks like someone is starting their coin ponzi scheme

 

If it was a good fake it might be worth that but that isn't a good one. It just doesn't have the "look" of a 1909. It looks more like they used a cent from the 1940's or 50's to create their die from. I'm not an expert on all the different hub changes that were made over the years but an early wheat cent just has a different look than a late one.

 

here is one that sold for a lot more recently: http://cgi.ebay.com/1909-S-VDB-LINC...3286.c0.m14&_trkparms=66:2|65:1|39:1|240:1318
This particular forgery must be from a transfer die,I think Rick Snow has one just like it. See the little bump at the upper left of the O in ONE? I believe the other tell is that the rims look too high, although that is hard to assess without the coin 'in hand.'

 

I think you nailed it.

 

LOL Good one!

 

watch for it to make a reappearance on ebay, unless someone is specifically buying it for research purposes on good forgeries. Then I can see spending that kind of cash.

 

Seems kinda silly