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Example of a Fake Peace Dollar Sold on eBay
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<p>[QUOTE="-jeffB, post: 8204091, member: 27832"]And what's the lesson here?</p><p><br /></p><p>"Always buy your common-date Peace dollars slabbed!"</p><p><br /></p><p>No, <i>that's</i> not it...</p><p><br /></p><p>I think there are <i>several</i> lessons:</p><p><br /></p><p>1) Know how to authenticate coins yourself. The OP clearly picked up on the issues with this coin as soon as he got it; well done.</p><p><br /></p><p>2) If you're buying PM coins in particular, get an adequate scale, and learn to use it. I prefer to weigh things in grams, but that's just me. OP's scale is clearly up to the task. (Don't forget to check the coin's <i>thickness</i>, too; I've gotten fakes with the correct weight, but about 10% too thick. That's what you get with silver plating over a copper core.)</p><p><br /></p><p>3) Don't blindly trust an unfamiliar seller. They may be trying to deceive you, or they may be simply clueless. I've encountered plenty of both on eBay.</p><p><br /></p><p>4) Understand the eBay Buyer Protection policy, and use it promptly when appropriate.</p><p><br /></p><p>Keep watching. Every once in a while, true bargains <i>do</i> still appear on eBay. You've just got to be the first one to spot them (if they're BIN), or the only one to spot them (if they're auctions)...[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 8204091, member: 27832"]And what's the lesson here? "Always buy your common-date Peace dollars slabbed!" No, [I]that's[/I] not it... I think there are [I]several[/I] lessons: 1) Know how to authenticate coins yourself. The OP clearly picked up on the issues with this coin as soon as he got it; well done. 2) If you're buying PM coins in particular, get an adequate scale, and learn to use it. I prefer to weigh things in grams, but that's just me. OP's scale is clearly up to the task. (Don't forget to check the coin's [I]thickness[/I], too; I've gotten fakes with the correct weight, but about 10% too thick. That's what you get with silver plating over a copper core.) 3) Don't blindly trust an unfamiliar seller. They may be trying to deceive you, or they may be simply clueless. I've encountered plenty of both on eBay. 4) Understand the eBay Buyer Protection policy, and use it promptly when appropriate. Keep watching. Every once in a while, true bargains [I]do[/I] still appear on eBay. You've just got to be the first one to spot them (if they're BIN), or the only one to spot them (if they're auctions)...[/QUOTE]
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Example of a Fake Peace Dollar Sold on eBay
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