Message:

<p>[QUOTE=&quot;Analyst, post: 2006041, member: 29854&quot;]<i>ByronReed: &lt;&lt;Don&#039;t worry too much about the counterfeiters. Modern die-struck counterfeits are very rarely encountered and easily identified&gt;&gt;</i></p><p><br /></p><p><i>Analyst (above): This is not true. Deceptive forgeries are being manufactured in Asia at the moment. These often show up at small coin shops, local coin shows, antiques shows and flea markets. Buy PCGS or NGC graded coins.</i></p><p><br /></p><p><i>ByronReed: &lt;&lt;Poor form to pull up a quote from twelve years ago and criticize it based on today&#039;s realities. &gt;&gt;</i></p><p><br /></p><p>Admittedly, the fact that the statement was posted twelve years ago was an oversight. I should have noticed the date and mentioned it in my reply. I apologize for not doing so. Nonetheless, ever since the collecting of bust halves gained tremendous popularity in the 1970s, there have been many deceptive forgeries sold to collectors in the U.S.</p><p><br /></p><p>In the late 1980s, investors were spending thousands of dollars for bust half type coins that graded just MS-64 and seeming fortunes for higher grade pieces. Before the Internet became a very popular means to communicate about coins, there were many more unethical dealers who sold overgraded coins and forgeries, often to investors. Many deceptive forgeries of high quality Capped Bust Halves were around in the late 1980s. Even after taking the production of forgeries in Asia into consideration, there were more people in the U.S. fooled by deceptive forgeries of seemingly high quality bust halves in the 1980s than there are now. Coin markets in the U.S. were much more dangerous then. Now, people can easily lookup information about coins on the Internet, and most do so.</p><p><br /></p><p>In the U.S., the % of collectors who used the Internet for research in 2002 is much lower than the corresponding % now. There was a good chance that people then would be fooled by deceptive forgeries of bust halves. In 2002, collectors should have purchased bust halves that were PCGS or NGC certified, unless the cost of certification was a substantial % of the value of the respective coin.</p><p><br /></p><p><a href="http://www.coinweek.com/featured-news/coin-rarities-bust-half-dollars/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinweek.com/featured-news/coin-rarities-bust-half-dollars/" rel="nofollow">http://www.coinweek.com/featured-news/coin-rarities-bust-half-dollars/</a></p><p><br /></p><p><a href="http://www.coinweek.com/news/featured-news/coin-rarities-related-topics-bust-half-dollars-on-platinum-night/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinweek.com/news/featured-news/coin-rarities-related-topics-bust-half-dollars-on-platinum-night/" rel="nofollow">http://www.coinweek.com/news/featured-news/coin-rarities-related-topics-bust-half-dollars-on-platinum-night/</a></p><p><br /></p><p><a href="http://The Rarity of 1843-O Liberty Seated Dimes" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://The Rarity of 1843-O Liberty Seated Dimes" rel="nofollow">http://www.coinweek.com/featured-news/classic-u-s-coins-rarity-1843-o-liberty-seated-dimes/</a>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in