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Arrived today 1964-D Peace Dollar by Daniel Carr
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<p>[QUOTE="Numismania, post: 1121521, member: 28971"]These are 'fantasy overstrikes'. I'm CERTAIN D. Carr did more homework on this subject, in regard to putting 'copy' on this piece, than most high schoolers do in 4 years of school. If he thought for 1 second it would HAVE to have 'copy' stamped on it, he would have done one of two things: 1) not produce them at all, or 2) put copy on it. If the 'law' hasn't done a thing about these in almost 6 months, then I'd venture to say that there is nothing wrong with not having 'copy' on them. Ebay even opened a new category....'fantasy issue coins'. Ebay is no longer booting these from the 'replicas and reproductions' category, where the Chinese copies are (that will arrive w/out 'copy' on them, though they show 'copy' in the image....usually photoshopped on the image), along with the ones not even made of silver. There are ALOT of these copy-cat repros showing up now, but the D. Carr examples are bringing big money, while the others are bringing 'nickel/dime' prices. Alot of flippers made GOOD money (myself included) on these reselling them. Why? Because REAL coin collectors WANTED them (and still do). Say what you will about these, but these are here to stay....whether the secondary prices these fetched are sustained or not, matters not to those that sold them already. I could have bought 2 full sets for what I sold my one set for...more than doubled my money, and still have one coin left (the same one I have left, theres the same one on ebay, with a $150 bid on it, 6 plus days left....thats a 100% profit from original sale price). And for all you who insist they need to have 'copy' on them, here's why they DON'T need it..here's why D. Carr DIDN'T have to put 'copy' on them, so you'll need to forget about them and move on. So, here's why you all are wrong about 'copy' HAVING to be on them:</p><p> </p><p><font size="5">1) These are not copies of Peace silver dollars - they are privately over-struck on GENUINE government-issue Peace silver dollars that were originally minted from 1922-1935.</font></p><p><font size="5">2) According to the US Treasury, no 1964 Peace silver dollars survived - so this can't be a copy of one since they don't exist.</font></p><p><font size="5">3) Defacing of US coins is legal so long as the defacement isn't for fraudulent purposes.</font></p><p> </p><p>Those that own them, and we are talking about REAL coin collectors, love them, and alot will hold them long-term, if not forever. And lastly...ONLY ANACS is slabbing these, as they have a contract with Moonlight Mint to slab all Moonlight Mint products. At first, even they wouldn't slab them, but then recanted and decided to slab them, identifying them for what they really are. So, this discussion, reasons why they should have 'copy' on them, whether they are a legit collectible (ever hear of exonumia??), has been beaten to death. If there were any legal reason to recall them, destroy them, arrest Mr. Carr, etc.....it would have been done by now (6 months later). So, you detractors, hate to say it, but you are going to have to learn to live with it, 'cause they will always be around. Not trying to be offensive, just truthful.....[/QUOTE]</p><p><br /></p>
[QUOTE="Numismania, post: 1121521, member: 28971"]These are 'fantasy overstrikes'. I'm CERTAIN D. Carr did more homework on this subject, in regard to putting 'copy' on this piece, than most high schoolers do in 4 years of school. If he thought for 1 second it would HAVE to have 'copy' stamped on it, he would have done one of two things: 1) not produce them at all, or 2) put copy on it. If the 'law' hasn't done a thing about these in almost 6 months, then I'd venture to say that there is nothing wrong with not having 'copy' on them. Ebay even opened a new category....'fantasy issue coins'. Ebay is no longer booting these from the 'replicas and reproductions' category, where the Chinese copies are (that will arrive w/out 'copy' on them, though they show 'copy' in the image....usually photoshopped on the image), along with the ones not even made of silver. There are ALOT of these copy-cat repros showing up now, but the D. Carr examples are bringing big money, while the others are bringing 'nickel/dime' prices. Alot of flippers made GOOD money (myself included) on these reselling them. Why? Because REAL coin collectors WANTED them (and still do). Say what you will about these, but these are here to stay....whether the secondary prices these fetched are sustained or not, matters not to those that sold them already. I could have bought 2 full sets for what I sold my one set for...more than doubled my money, and still have one coin left (the same one I have left, theres the same one on ebay, with a $150 bid on it, 6 plus days left....thats a 100% profit from original sale price). And for all you who insist they need to have 'copy' on them, here's why they DON'T need it..here's why D. Carr DIDN'T have to put 'copy' on them, so you'll need to forget about them and move on. So, here's why you all are wrong about 'copy' HAVING to be on them: [SIZE=5]1) These are not copies of Peace silver dollars - they are privately over-struck on GENUINE government-issue Peace silver dollars that were originally minted from 1922-1935.[/SIZE] [SIZE=5]2) According to the US Treasury, no 1964 Peace silver dollars survived - so this can't be a copy of one since they don't exist.[/SIZE] [SIZE=5]3) Defacing of US coins is legal so long as the defacement isn't for fraudulent purposes.[/SIZE] Those that own them, and we are talking about REAL coin collectors, love them, and alot will hold them long-term, if not forever. And lastly...ONLY ANACS is slabbing these, as they have a contract with Moonlight Mint to slab all Moonlight Mint products. At first, even they wouldn't slab them, but then recanted and decided to slab them, identifying them for what they really are. So, this discussion, reasons why they should have 'copy' on them, whether they are a legit collectible (ever hear of exonumia??), has been beaten to death. If there were any legal reason to recall them, destroy them, arrest Mr. Carr, etc.....it would have been done by now (6 months later). So, you detractors, hate to say it, but you are going to have to learn to live with it, 'cause they will always be around. Not trying to be offensive, just truthful.....[/QUOTE]
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Arrived today 1964-D Peace Dollar by Daniel Carr
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