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<p>[QUOTE=&quot;19Lyds, post: 1413412, member: 15929&quot;]Daniel Carr&#039;s Overstruck 1970 and 1975 Eisenhowers are no more counterfeit than a gold plated 1883 No Cents Nickel and therein lies the problem that folks are struggling with.</p><p><br /></p><p>Folks who collect Eisenhower Dollars know full well that the 1970 and 1975 coins do not exist and can fully justify the &quot;what if&quot; qualities of these fantasy pieces.</p><p><br /></p><p>However, there are folks out there that don&#039;t have a clue. </p><p><br /></p><p>The whole idea behind issuing coins by the Federal Government was an attempt to create a common form of exchange using something that folks already considered valuable. Copper, Silver, Gold. These metals had intrinsic value based upon weight and the Federal Government standardized those weights in the form of coins based upon the decimal dollar. Metals were alloyed so that the receiver was in fact receiving near precious metal value in the coins either received as change or paid out for a purchase. Thise coins, having the Federal Governments assay on them in the form of one dollar, fifty cents, twenty dollars, or whatever, in theory could be melted and still retain near the value of the piece.</p><p><br /></p><p>Along comes Daniel Carr with an innovative idea on how to create Fantasy Coins without devaluing the piece beyond its original Federal Issue value. </p><p><br /></p><p>The 1964-D Franklin Half Dollars are still 90% Silver Half Dollar parent coins and as such, have a value equal to whats stamped on the reverse. A Half Dollar.</p><p>The 1964-D Peace Dollar is still a 90% Silver Parent Coin and as such, is still worth whats stamped on the Reverse. One Dollar.</p><p>The Eisenower Dollars are still their parent coin metals and as such, regardless of what they &quot;look&quot; like, are still worth One Dollar.</p><p><br /></p><p>All the above have simply been altered, via restriking, to look like something that did not exist. It&#039;s up to the &quot;collector&quot; to know the difference. The general public doesn&#039;t really care other than when they take em to the bank, they want to receive their &quot;face&quot; value.</p><p><br /></p><p>Daniel has created a market using the skills he possesses and the tools that he own. The coins are readily distinguishable to the trained eye as NOT being original government strikings. To the untrained eye, they could literally be anything AS LONG AS THEY ARE REDEEMABLE AT FACE VALUE.</p><p><br /></p><p>When I spend an IKE Dollar at McDonalds, the cashier has no clue as to what the piece might be much less its intrinsic metal value. S/He only wants something recognized as and redeemable AS a Dollar coin. What date or mintmark it might be is unimportant.</p><p><br /></p><p>What I&#039;m trying to say hear is that the line Daniel is walking is very, very thin but also very legal accoording to the letter of the law. Whether folks want to purchase what he produces is up to them.</p><p><br /></p><p>But, keep in mind, if I spend $1,000 on a 1921 Peace Dollar and then spend $80 on a Daniel Carr restrike Fantasy Piece, to the everyday business man, they are only worth two bucks and the thief who steals them will probably spend them for two bucks.</p><p><br /></p><p>1921 Peace Dollars are available as counterfeits from our Chinese buddies but a majority of those coins do not have any silver and were not created from Peace Dollars originally issued by the US Government. Those that do have silver, are of questionable content and as such are illegal counterfeits.</p><p><br /></p><p>I personally have quite a few Daniel Carr Restrikes. I buy them solely out of their collectibility as &quot;restrikes&quot;. I did buy several of the 1964-D Peace Dollars for resale but other than that, nothing else which he has produced has anywhere near the resellability and as such, will simply remain in my collection.</p><p><br /></p><p>Maybe someday, these will be desireable but I know full well that that situation will not occur during my lifetime or my childrens lifetimes. But at least I can look at the coins and appreciate them for what they really are. Fantasy Pieces with no more value than what he placed on them for their sale price and what I believe them to be.</p><p><br /></p><p>Nothing more and nothing less.</p><p><br /></p><p>Are they Fantasy Pieces? Yes.</p><p>Are they Counterfeits? Some may view them as such but technically they are not. You CANNOT counterfeit something which does not exist.</p><p><br /></p><p>Do they have value? Seriously, how many folks think that IKE&#039;s have any value at all? What I value my coins at is onluy important to someone who KNOWS what an IKEs value might be. If we agree, then there&#039;s value. If we don&#039;t, then it does not matter to me.[/QUOTE]</p><p><br /></p>

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