Is a copy coin worth anything?

Discussion in 'Error Coins' started by Coinblaster, Jul 6, 2020.

  1. Coinblaster

    Coinblaster Active Member

    Is a copy coin worth anything?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    No numismatic value unless a noted counterfeit artist, IMO Jim
     
    Robert Ransom likes this.
  4. Coinblaster

    Coinblaster Active Member

    Is a copy coin considered a counterfeit?
     
    Robert Ransom likes this.
  5. medoraman

    medoraman Supporter! Supporter

    Depends on intent. Did they make the coin to pass as a real coin in commerce, or to fool a collector? Then it is a counterfeit. Is it something like a 1964 silver dollar done by Daniel Carr? Then it is a fantasy piece.

    Many copies of ancients have been made for various reasons. Contemporary counterfeits made in antiquity are very collectible. Paduan copies were made in the Renaissance for collector, disclosing they were replicas. Museums used to make electrotypes for collectors of their famous pieces, not to fool but to share knowledge. Readers Digest and others made fakes in the 1960s as promotional pieces, not to fool anyone. Then you have modern fakes, only made to deceive collectors. All of these could be called copies or counterfeits, but in reality only the modern forgeries I would label counterfeits, the others not made to deceive, though they can deceive grandkids inheriting grandpa's "collection". Of course, contemporary counterfeits WERE made to deceive, but that was millenia ago and today they have a passionate collector base.

    TL/DR Make something today to fool the public or collectors and its a counterfeit. Do the same but not mean to deceive, its a "tribute" or fantasy piece.
     
    John Conduitt and Robert Ransom like this.
  6. QuintupleSovereign

    QuintupleSovereign Well-Known Member

    If a counterfeit was made from a genuine silver or gold planchet, it could theoretically be worth bullion value.
     
    Robert Ransom likes this.
  7. Coinblaster

    Coinblaster Active Member

    I have an 1883 Morgan dollar but it as copy on the back what should I do with that any answers?
     
  8. medoraman

    medoraman Supporter! Supporter

    Well, at least they followed the law. If they marked it COPY then its not a counterfeit, its a replica. No intent to deceive anyone. nothing wrong with replicas, they give some the ability to own something they otherwise could not afford.

    As to what you should do with it, label it a replica and do what you like. Keep it, give it to a kid, etc. If its marked per Hobby Protection Act, you are perfectly fine owning it.
     
  9. Coinblaster

    Coinblaster Active Member

    Ok thank you you were a big help
     
  10. Coinblaster

    Coinblaster Active Member

    Oh I forgot to ask u can u send it to a grader or not?
     
  11. yakpoo

    yakpoo Member

    How much did you pay for it?
     
  12. Coinblaster

    Coinblaster Active Member

    $40
     
  13. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    You paid way too much for it. ~ Chris
     
    Kentucky likes this.
  14. Coinblaster

    Coinblaster Active Member

    The thing of it is I got it at a coin auction
     
  15. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Was it one of those traveling "clown shows" that advertise in the local paper and set up in town for the weekend?
     
  16. Coinblaster

    Coinblaster Active Member

    So what your saying is its not worth sending in to get graded
     
    Kentucky likes this.
  17. Kentucky

    Kentucky Supporter! Supporter

    Honestly, it's probably not worth keeping. It wouldn't grade.
     
  18. Kentucky

    Kentucky Supporter! Supporter

    I would LOVE to have a Hemming nickel, and I have a few fourees which are ancient counterfeits.
     
  19. Coinblaster

    Coinblaster Active Member

    Ok thanks Kentucky
     
  20. Kentucky

    Kentucky Supporter! Supporter

    Sorry :(
     
  21. paddyman98

    paddyman98 Let me burst your bubble! Supporter

    No.. Your answer can be found at the TPG's website.
    Look for the type of coins they grade and what they don't. I know NGC has all that information.
     
Draft saved Draft deleted

Share This Page