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Counterfeits: I was a tattle-tale at the coin show today.
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<p>[QUOTE="C-B-D, post: 1872705, member: 43130"]I consider myself an online dealer since it's my full time and only job. But a counterfeit once got by me. It was an 1832 corroded and harshly cleaned capped bust dime. Probably VF details under all the damage. I bought it for $15 & sold it for $16 at auction, so I lost the shipping and fees. Buyer emails me and says he took it to 2 dealers and they said it was a cast fake. I refunded him immdeiately with my shock an most sincere apologies, and then told him to throw it in the garbage. But he mailed it back to me so I could study it more carefully (nice guy). Sure enough, he was correct. Common date, low grade, damaged, corroded, cleaned, cheap & a counterfeit. I tracked down the guy I bought it from and mailed it to him so he could study it like I did. </p><p>I never weighed it, and it was so ugly I couldn't get clear pics. Plus it was so common and low grade that I never gave it more than a glance! But... it got by me. I bet that happens more than we know. In fact, I bet more than that one has gotten by me, though I certainly hope not. I learned a lot from that counterfeit. Namely: Every coin is a suspect, no matter how cheap or common or insignificant it may seem.[/QUOTE]</p><p><br /></p>
[QUOTE="C-B-D, post: 1872705, member: 43130"]I consider myself an online dealer since it's my full time and only job. But a counterfeit once got by me. It was an 1832 corroded and harshly cleaned capped bust dime. Probably VF details under all the damage. I bought it for $15 & sold it for $16 at auction, so I lost the shipping and fees. Buyer emails me and says he took it to 2 dealers and they said it was a cast fake. I refunded him immdeiately with my shock an most sincere apologies, and then told him to throw it in the garbage. But he mailed it back to me so I could study it more carefully (nice guy). Sure enough, he was correct. Common date, low grade, damaged, corroded, cleaned, cheap & a counterfeit. I tracked down the guy I bought it from and mailed it to him so he could study it like I did. I never weighed it, and it was so ugly I couldn't get clear pics. Plus it was so common and low grade that I never gave it more than a glance! But... it got by me. I bet that happens more than we know. In fact, I bet more than that one has gotten by me, though I certainly hope not. I learned a lot from that counterfeit. Namely: Every coin is a suspect, no matter how cheap or common or insignificant it may seem.[/QUOTE]
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Counterfeits: I was a tattle-tale at the coin show today.
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