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<p>[QUOTE="Treashunt, post: 285308, member: 6763"]sarah:</p><p> I'm not a real dealer, but I have sold some coins.</p><p>In order of your questions:</p><p> First: no specific laws that I am aware of, except for the fact that some states charge sales tax on sales.</p><p> 2: Yes, for certain rarities there is a provenance attached to the coins. Some TPG'ers (Third Party Graders, who 'slab' (encase & grade a coin) will notate the coin's history.</p><p> 3: Not as a dealer, but as a collector, I have seen fakes in dealers' showcases. I do happen to own the world's worse 1901 S Barber quarter fake. It is so bad that it can be seen with the naked eye. Someone took a regular date and changed the last digit to a one. I love it! If it were genuine it would be worth about $6000.</p><p> One dealer had a fake 1896 S and 1913 S Barber quarters in his showcase. A collector bought them and sent them to a TPG'er and had them returned as 'added mintmarks'. The grading service saved him many thousands of dollars, they were both high grades.</p><p> Best fake: I guess the above 1896 S and 1913 S quarters. Along with a 1923 S Standing Liberty quarter that I currently own. Date was changed from a 1928 S. Really neat.</p><p>Worst: the 1901 S that I described above.</p><p><br /></p><p>Good luck.[/QUOTE]</p><p><br /></p>
[QUOTE="Treashunt, post: 285308, member: 6763"]sarah: I'm not a real dealer, but I have sold some coins. In order of your questions: First: no specific laws that I am aware of, except for the fact that some states charge sales tax on sales. 2: Yes, for certain rarities there is a provenance attached to the coins. Some TPG'ers (Third Party Graders, who 'slab' (encase & grade a coin) will notate the coin's history. 3: Not as a dealer, but as a collector, I have seen fakes in dealers' showcases. I do happen to own the world's worse 1901 S Barber quarter fake. It is so bad that it can be seen with the naked eye. Someone took a regular date and changed the last digit to a one. I love it! If it were genuine it would be worth about $6000. One dealer had a fake 1896 S and 1913 S Barber quarters in his showcase. A collector bought them and sent them to a TPG'er and had them returned as 'added mintmarks'. The grading service saved him many thousands of dollars, they were both high grades. Best fake: I guess the above 1896 S and 1913 S quarters. Along with a 1923 S Standing Liberty quarter that I currently own. Date was changed from a 1928 S. Really neat. Worst: the 1901 S that I described above. Good luck.[/QUOTE]
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