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<p>[QUOTE="JKC, post: 2235026, member: 75773"]I mean "counterfeit".</p><p><br /></p><p>So, I have inherited a pretty large coin collection. Circulated stuff, not spectacular coins, but a large number of coins of moderate value, enough value apparently, to encourage forgeries.</p><p><br /></p><p>I discovered this after a couple of the large cents in a group of coins I sent to a TPG came back counterfeit. I imagine there are a few more in the collection. They are all raw coins. If the original collector was fooled twice, he was probably fooled some more.</p><p><br /></p><p>For a lot of these coins, I have purchase records. For others, I have no records at all.</p><p><br /></p><p>I have two questions to submit to your thoughts:</p><p><br /></p><p>1) For coins that come back counterfeit and which I can trace to a dealer (receipts), do you think I have a legit claim if they were purchased by my cousin 10, 15, or 20 years ago?</p><p><br /></p><p>2) For coins that I cannot trace. What should I do with them? It seems wasteful to just chuck them in the recycling but I don't want my counterfeit to be purchased by a crook who then sells it to some unwitting collector as genuine. Some possibilities occur to me:</p><p><br /></p><p>A) Place on ebay and sell, labeled as likely counterfeit. (Danger: Buyer is a crook.)</p><p><br /></p><p>B) Deface the coin ("CF" or something) and sell on ebay. Probably won't get much money, but somebody might want them and the likelihood of somebody getting screwed goes way down.</p><p><br /></p><p>C) Throw in recycling.</p><p><br /></p><p>D) Other: __________________</p><p><br /></p><p><br /></p><p>I hate the "coin mausoleums", but this experience tells me the TPGs are a necessary evil.</p><p><br /></p><p>Thanks for you thoughts![/QUOTE]</p><p><br /></p>
[QUOTE="JKC, post: 2235026, member: 75773"]I mean "counterfeit". So, I have inherited a pretty large coin collection. Circulated stuff, not spectacular coins, but a large number of coins of moderate value, enough value apparently, to encourage forgeries. I discovered this after a couple of the large cents in a group of coins I sent to a TPG came back counterfeit. I imagine there are a few more in the collection. They are all raw coins. If the original collector was fooled twice, he was probably fooled some more. For a lot of these coins, I have purchase records. For others, I have no records at all. I have two questions to submit to your thoughts: 1) For coins that come back counterfeit and which I can trace to a dealer (receipts), do you think I have a legit claim if they were purchased by my cousin 10, 15, or 20 years ago? 2) For coins that I cannot trace. What should I do with them? It seems wasteful to just chuck them in the recycling but I don't want my counterfeit to be purchased by a crook who then sells it to some unwitting collector as genuine. Some possibilities occur to me: A) Place on ebay and sell, labeled as likely counterfeit. (Danger: Buyer is a crook.) B) Deface the coin ("CF" or something) and sell on ebay. Probably won't get much money, but somebody might want them and the likelihood of somebody getting screwed goes way down. C) Throw in recycling. D) Other: __________________ I hate the "coin mausoleums", but this experience tells me the TPGs are a necessary evil. Thanks for you thoughts![/QUOTE]
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