Is your 1916-D the real deal?

I received my hard copy of the Heritage Boston ANA catalogs today. There is a 1916-D 67FB on the cover. It is only at $70,000 today.

 

Log in or Sign up to hide this ad.

That is scary. What about 1932 S and 1932 D Washington Quarters. Are they commonly counterfeited? I just bought them for $80 and $85 raw...

 

I saw the one up now for $70,000, but the one they sold back in 2001 went for $128,800. It has an even, VERY slight yellow tone on the front and a little darker yellow on the back. They also sold one for $97,750 just last year. It has more of a dark spotted tone to it. Both of them are 67FBs also. If you click on "View All 1163 Matches" and sort by Price, you'll see the other 2 coins I'm talking about.

I think this coin will make it to $100,000, but I like the one with the yellow tone over this one. But it's close! Now if I could only sell my house, car, wife and my body to science, I still couldn't buy any of them! Even the PO1 they sold back in 2000 went for $120!

So if $128,800 is the record, do you think this coin will go higher?

Ben

 

Yes fairly often. Probably the most counterfeited items are the three dollar gold and type II gold dollars, then the 16-D dime, the SVDB, Trade dollars, 1877 indians, 14-D cents, 11-D quarter eagles, 09-S indians, 1893-S dollars, CC Morgans, common date US gold etc. But I would think the 32-D and S quarters are probably somewhere in the top twenty or thirty most counterfeited items.

 

By law any counterfits we reciever in our store must be melted or disposed of.it's a federal crime to resell them knowingly and since the local refiners here reselll the coins and don't melt them, dealers are stuck with them. So I keep mine in a bucket and buy them offf dealers when possible. It's like one of those low raised steel buckets you spit into. You know what I mean?? Plus if a theif takes it instead of other actual valuable inventory, then he's fudged lol

 

Maybe 50% back in the 90s. But according to anacs it's 75% counterfits from all submittals.

 

Yep. Any of the key coins are commonly counterfeited; I would suggest sending them in to NGC or PCGS for grading. For the prices you paid, I hope they're fairly low grade. If they're a higher grade at that low price I would immediately be suspicious.