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Just got the elusive 1916 Barber Half....
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<p>[QUOTE="dcarr, post: 2168905, member: 4781"]Yes, people come up with all sorts of worthless items believing they are worth a lot.</p><p>But it is one thing to believe that a coin you found or inherited is worth a lot of money, or to pay $20 for a novelty item at a flea market. It is entirely a different situation to actually be willing to PAY thousands of dollars or more for a coin. Novices are frequently encouraged to "buy the book before the coin", and rightly so. They are also advised to stick with certified coins. The reason is that there are thousands of pitfalls that a novice could fall into, such as polished VF coins sold as "BU", misattributed coins, outright counterfeits of existing key-date coins, etc. These are a FAR bigger problem than any fantasy-date over-strikes. But all it takes for a novice to avoid these pitfalls is to ask a few questions on forums such as this, to be directed down the right path.</p><p><br /></p><p>And just because someone pays a few hundred dollars for one of my fantasy-date over-strike coins doesn't necessarily mean that they are getting a bad deal. When I originally sold the "1964-D" over-strike Peace Dollars, the issue price was about $120 on average. Recent eBay sales have ranged from about $250 to $525 each.</p><p><br /></p><p>I've been a coin enthusiast and collector since about 1970. It is a hobby that I enjoy. Making cool tokens/medals is fun, pure and simple.</p><p><br /></p><p>If I really didn't care about what happens in numismatics, here is what I could do:</p><p>Secretly make actual counterfeits of existing key-date coins, tokens, medals, etc.</p><p>Sell them as genuine.</p><p>Never let anyone know.</p><p><br /></p><p>Of course, that would be illegal and I have never done that and I have no interest in ever doing anything like that.</p><p><br /></p><p>So I take <i>genuine</i> coins, deface them (changing the date to a date that was never issued for that type), AND widely publish and disseminate information about them. Such information appears on my web sites (which include diagnostic information and mintages). Information is widely available on the internet in forums such as this one. A couple of my earlier fantasy-date over-strike coins are listed in the 6th edition of the Krause Unusual World Coins catalog (more of them may be listed in the next edition). ANACS will certify any of them as "Dan Carr O/S Tokens". The Society of Silver Dollar Collectors asked me to write an article for their newsletter about my "1964-D" over-strike Peace Dollar project. That article was published and it later received the "George A. Mallis Literary Award". One of my "1964-D" over-strike Peace Dollars was featured on the popular TV show "Pawn Stars" (season 8, episode 109 titled "Flying High"). It was clearly and immediately identified on the show as a "Daniel Carr" fantasy-date over-strike coin. I was not the one on the show, but I did help to arrange that appearance and made sure the information about the coin was presented correctly and in full.</p><p><br /></p><p>If I was really a "greedy counterfeiter" only interested in profits at the expense of numismatics, I could have made a lot more money by making actual counterfeits and hiding everything rather than making legal novelty items and putting it all out in the open.[/QUOTE]</p><p><br /></p>
[QUOTE="dcarr, post: 2168905, member: 4781"]Yes, people come up with all sorts of worthless items believing they are worth a lot. But it is one thing to believe that a coin you found or inherited is worth a lot of money, or to pay $20 for a novelty item at a flea market. It is entirely a different situation to actually be willing to PAY thousands of dollars or more for a coin. Novices are frequently encouraged to "buy the book before the coin", and rightly so. They are also advised to stick with certified coins. The reason is that there are thousands of pitfalls that a novice could fall into, such as polished VF coins sold as "BU", misattributed coins, outright counterfeits of existing key-date coins, etc. These are a FAR bigger problem than any fantasy-date over-strikes. But all it takes for a novice to avoid these pitfalls is to ask a few questions on forums such as this, to be directed down the right path. And just because someone pays a few hundred dollars for one of my fantasy-date over-strike coins doesn't necessarily mean that they are getting a bad deal. When I originally sold the "1964-D" over-strike Peace Dollars, the issue price was about $120 on average. Recent eBay sales have ranged from about $250 to $525 each. I've been a coin enthusiast and collector since about 1970. It is a hobby that I enjoy. Making cool tokens/medals is fun, pure and simple. If I really didn't care about what happens in numismatics, here is what I could do: Secretly make actual counterfeits of existing key-date coins, tokens, medals, etc. Sell them as genuine. Never let anyone know. Of course, that would be illegal and I have never done that and I have no interest in ever doing anything like that. So I take [I]genuine[/I] coins, deface them (changing the date to a date that was never issued for that type), AND widely publish and disseminate information about them. Such information appears on my web sites (which include diagnostic information and mintages). Information is widely available on the internet in forums such as this one. A couple of my earlier fantasy-date over-strike coins are listed in the 6th edition of the Krause Unusual World Coins catalog (more of them may be listed in the next edition). ANACS will certify any of them as "Dan Carr O/S Tokens". The Society of Silver Dollar Collectors asked me to write an article for their newsletter about my "1964-D" over-strike Peace Dollar project. That article was published and it later received the "George A. Mallis Literary Award". One of my "1964-D" over-strike Peace Dollars was featured on the popular TV show "Pawn Stars" (season 8, episode 109 titled "Flying High"). It was clearly and immediately identified on the show as a "Daniel Carr" fantasy-date over-strike coin. I was not the one on the show, but I did help to arrange that appearance and made sure the information about the coin was presented correctly and in full. If I was really a "greedy counterfeiter" only interested in profits at the expense of numismatics, I could have made a lot more money by making actual counterfeits and hiding everything rather than making legal novelty items and putting it all out in the open.[/QUOTE]
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Just got the elusive 1916 Barber Half....
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