replica coins

Discussion in 'US Coins Forum' started by phubanks, Apr 6, 2010.

  1. phubanks

    phubanks Junior Member

    i totally agree ... it's just a matter of time before these fakes get REALLY good .. it's going to get more and more difficult to distinguish them from genuine coins
     
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  3. lackluster

    lackluster Junior Member

    I don't know that I have ever seen a fake in person, however I would guess that there are some that are of poor quality and some that are not. It WILL hurt the hobby because eventually many people will not trust what they are buying. Plated bullion, fake pcgs slabs, etc. have all already been found and some of them were very high quality.

    You can only assume the number of fakes will grow and the quality will get better. It already makes me wonder when I buy something. Amazingly, most of these coins sell for a dime on e-bay, how many have already been made and are floating around.

    to the Lost Dutchman: were there any of the coins that you bought that you think a reasonably seasoned collector would fall for?

    Lack
     
  4. fretboard

    fretboard Defender of Old Coinage!

    I suggest that if you've never seen a fake you do so soon, even if it costs you a little bit of money. The truth is a $50 sample of a couple good fakes will teach you alot and may save you alot of money in the long run.
     
  5. Coinman1974

    Coinman1974 Research, Research, Research

    Hello everyone,

    Concerning replica coins we as collectors, dealers, etc have to make sure we know what we are buying. I know I am stating the obvious but one way to combat this, as I am sure most of us are doing is by talking about it like we are, informing others serious members of your collective community about who is selling fakes, and to teach the new members of our community of this.

    As a fairly new collector myself, yes it is a concern. I do believe what so many here have said, buy the book before the coin. And read It! Also check with others in our hobby as the the honor of an unknown seller, or a certain coin. The only way to protect ourselves against these fake coins is simply knowledge. Knowledge is key for all of us, and will keep our wonderful hobby thriving.

    Regards,
    Stan
     
  6. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    If this coin had some artificial wear added it might get a little ugly as it is just about dead on weight wise. It doesn't match up to any known die pairs thankfully. The rest might have fooled a novice. These fake coins are like fake Rolex's. You have some that are cheap knock off's but then you have some others that are really high quality and there are very minute things that give them up as fake.

    http://www.cointalk.com/t75218/
     
  7. Canerrcoins

    Canerrcoins Canadian Eh**

    I wrote the "challenge" in coin world to attempt to get the collectors in the USA to stop whining on chat boards and to do something. Guess what.....I have watched the whining escalate, and even giggled as people brought up Toyota, world economics etc. TOO FUNNY. But I have not heard where even one example of This or any example has been brought forth in a public press venue. For the record. I have it from an outstanding source that jing.... paypal account has Paypal in a very tender situation with the RCMP. Someone one has to get the press involved in the USA. IMO Regards Mike Marshall:loud: and for what it is worth.....people here are suggesting you buy some to learn.....yup that will help.......D'ooooooooh
     
  8. jello

    jello Not Expert★NormL®

    My 2 cents

    I have never seen them as a coin worth keeping or selling. to me there just junk.
    that is my opinion
     
  9. lackluster

    lackluster Junior Member

  10. jello

    jello Not Expert★NormL®

  11. weryon

    weryon World traveler - In Thailand

    I also have purchased numerous fake coins in the past and will buy more in the future. I usually buy fakes of coins I own so I can familiarize myself with the fraudulent pieces. Just like the Dutchman I have bought quite a few replicas , in lots in single pieces and just like the Dutchman I do not have one fake that states that it is a replica or a copy. As time goes buy these fakes will get better . the only thing I don't understand is why aren't they better now ? you would think they could strike better pieces..
     
  12. Conder101

    Conder101 Numismatist

    Here is a nice one that was brought up on the EAC Region 8 mail list
    [​IMG]
    [​IMG]
    This is a pretty decent looking 1830 large cent. Nothing really jumps out as a problem. It has the "medium" letters reverse (note the wide spacing between the letter in STATES) and that only comes on 1830 N-6. Uh-oh, there's a problem. The obverse has the high 0 that only comes on N7, 8, 9, and 11. You take a closer look at the reverse and you realize that it is NOT the same die that was used on 30 N-6 (On N-6 the top leaf extends past the right side of the last S in STATES). I haven't traced it completely but I think it is the reverse of 1832 N-1.

    But if you don't know the varieties you probably would not catch this one. (At least from the pictures. In hand it might not look so good.) So far the seller has sold this one twice. The first time for $300 to someone who thought it was an N-6 and who didn't realize it until after he had it in hand. (From his feedback apparently the seller also did a coin switch as well because he said the coin that arrived was a large letter reverse.) This time he got $100 for it.
     
  13. Tom B

    Tom B TomB Everywhere Else

    Why don't we just call them what most of them actually are; counterfeits.
     
  14. Mad.Outcast

    Mad.Outcast New Member

    I am considerably concerned.take one with no "copy" put it in your pocket for a year,and we might have real issues.Plus im tired of having to wean through them on the bay.it gets old seeing the word Copy,Replica
     
  15. sunflower

    sunflower New Member

    I would have been clueless if I found this in a coin shop. But, on EBAY, well, I am not a sharp enough shopper, so I have stayed away.
     
  16. your cat

    your cat A kitty cat

    yeah i have a replica morgan key date dollar.... it got me reall excited before i weighed it. =p
     
  17. Vess1

    Vess1 CT SP VIP Supporter


    Ditto. They came to me with no replica stamp as well, with no communication. 3 different Chinese ebay sellers ended up sending me the exact same replicas from the same place.

    They could be picked out if you were paying attention and knew what real ones look like. If not, they were convincing enough. With a little wear, they might be quite convincing.

    I anticipate that eventually, nobody will want to purchase loose coins anymore. At least not any key dates. If we aren't to that point already.
     
  18. Vess1

    Vess1 CT SP VIP Supporter

    Fine product of the Hong Kong mint

    Here you go. This is 1 of 10 (all the same) I got from the Hong Kong mint. What do you guys think? This is a key date. Real ones in this condition would be worth 4 to $500. Notice the raised piece of metal on the cheek. They all had it. (But the next date, probably wouldn't.) The color was off as well. They look a little glossy. The fur on the neck of the buffalo is pretty weak. Along with other flaws. None-the-less, there is a percentage of people who would be fooled by one of these.

    [​IMG]

    [​IMG]
     
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