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<p>[QUOTE="dcarr, post: 1415294, member: 4781"]If someone is determined to commit a numismatic scam, they will find a coin to do it with. Even if I had never made any of these over-stikes, there are still plenty of candidate coins (altered, whizzed, repaired, etc).</p><p><br /></p><p>If a seller KNOWINGLY mis-represents a coin when selling it, the fault is always going to lie with the seller making the false claims, not the maker of the coin.</p><p><br /></p><p>In the case of the "1964-D" over-strike Peace dollars, for example, who is going to pay a high price for one ? A novice who knows nothing of the story of the original 1964-D dollars is extremely unlikely to hand over a lot of money for something they know nothing about. Sure, they may risk parting with $100 or so, but they won't be spending thousands. And who is to say that the fair market value of such an over-strike isn't over $100 anyway ? So who would pay a lot for one ? Only a person with knowledge of the story of the original 1964-D dollars. And in buying such a coin, the buyer would have to assume one of two things - either the coin is a modern re-creation of some sort, or it is an original (illegal to own and subject to immediate confiscation by the government). Either way, the buyer would KNOWINGLY be taking a risk.[/QUOTE]</p><p><br /></p>
[QUOTE="dcarr, post: 1415294, member: 4781"]If someone is determined to commit a numismatic scam, they will find a coin to do it with. Even if I had never made any of these over-stikes, there are still plenty of candidate coins (altered, whizzed, repaired, etc). If a seller KNOWINGLY mis-represents a coin when selling it, the fault is always going to lie with the seller making the false claims, not the maker of the coin. In the case of the "1964-D" over-strike Peace dollars, for example, who is going to pay a high price for one ? A novice who knows nothing of the story of the original 1964-D dollars is extremely unlikely to hand over a lot of money for something they know nothing about. Sure, they may risk parting with $100 or so, but they won't be spending thousands. And who is to say that the fair market value of such an over-strike isn't over $100 anyway ? So who would pay a lot for one ? Only a person with knowledge of the story of the original 1964-D dollars. And in buying such a coin, the buyer would have to assume one of two things - either the coin is a modern re-creation of some sort, or it is an original (illegal to own and subject to immediate confiscation by the government). Either way, the buyer would KNOWINGLY be taking a risk.[/QUOTE]
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