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Just got the elusive 1916 Barber Half....
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<p>[QUOTE="dcarr, post: 2171474, member: 4781"]Here is a definition you can think of:</p><p>Over-striking on an existing coin compared to striking on a new blank. One was legal tender before the over-strike, the other was not.</p><p><br /></p><p><br /></p><p>During the over-striking, the original coin does not magically disappear and then reappear like a Star Trek replicator in action. There are new aspects to the over-struck coin, but all the original metal and some of the original design outlines are still there.</p><p><br /></p><p><br /></p><p>The way I do it, it certainly is a lot more work to over-strike on existing coins than it is to strike on new virgin blanks. When using old coins, they have to be cleaned and each one must be carefully aligned with the over-striking dies as close as possible.</p><p><br /></p><p><br /></p><p>The silver rounds are 999 fine. If melted US coins are used, the copper has to be removed to refine it from 90% to 99.9%. But the point is, I do NOT melt the host coins. That is a significant difference from your mass melting scenario.</p><p><br /></p><p><br /></p><p>Here is what I see wrong with this:</p><p>You are, in a sense, ridiculing some of your fellow collectors on this forum by claiming that they are paying "ridiculous" prices. What if someone came along and told you that you pay "ridiculous" prices for your coins because they don't like what you collect ?</p><p><br /></p><p><br /></p><p>Altering an existing government-issue coin is legally distinguishable from minting a whole new coin that looks like legal tender but isn't.</p><p><br /></p><p><br /></p><p><br /></p><p>Your analysis overlooks this:</p><p>Just because those rounds have "COPY" on them doesn't necessarily mean it is required by law. There has not been any court ruling on the requirement of "COPY" on a silver round that has similarities and differences from a US coin.</p><p>In other words:</p><p>The threshold is not well defined for how close a silver round can be to an original numismatic item and still not need "COPY" on it.</p><p><br /></p><p>And I repeat:</p><p>Altering an existing government-issue coin is legally distinguishable from minting a whole new coin that looks like legal tender but isn't.</p><p><br /></p><p>There is no legal precedent for your claim that I am somehow getting away with something.</p><p><br /></p><p><br /></p><p><br /></p><p>Which one of those was a genuine US Mint coin prior to being [over]struck ?</p><p><br /></p><p>PS:</p><p>Personally, I think putting "COPY" on a silver round that obviously isn't a US Mint product is stupid. It is a silver round. But a "COPY" of a silver round ? Does that mean it is made out of COPY (imitation) silver ?</p><p><br /></p><p>Hypothetical scenarios have been invented and presented many times in these arguments. Here is mine, in regards to these "COPY" silver rounds:</p><p><br /></p><p>Grandpa buys a bunch of these "COPY" silver rounds because it is the cheapest was to acquire silver bullion. Years later his heirs are liquidating the estate. They come across these "COPY" rounds. But since they are marked "COPY", the heirs mistakenly think they are worthless and discard them. Or the heirs take them to a "we buy gold" shop and the ignorant/unscrupulous shop person tells them the rounds are imitation silver and only worth 50 cents each.</p><p><br /></p><p>Somebody might get cheated <i>because</i> these rounds have "COPY" on them.[/QUOTE]</p><p><br /></p>
[QUOTE="dcarr, post: 2171474, member: 4781"]Here is a definition you can think of: Over-striking on an existing coin compared to striking on a new blank. One was legal tender before the over-strike, the other was not. During the over-striking, the original coin does not magically disappear and then reappear like a Star Trek replicator in action. There are new aspects to the over-struck coin, but all the original metal and some of the original design outlines are still there. The way I do it, it certainly is a lot more work to over-strike on existing coins than it is to strike on new virgin blanks. When using old coins, they have to be cleaned and each one must be carefully aligned with the over-striking dies as close as possible. The silver rounds are 999 fine. If melted US coins are used, the copper has to be removed to refine it from 90% to 99.9%. But the point is, I do NOT melt the host coins. That is a significant difference from your mass melting scenario. Here is what I see wrong with this: You are, in a sense, ridiculing some of your fellow collectors on this forum by claiming that they are paying "ridiculous" prices. What if someone came along and told you that you pay "ridiculous" prices for your coins because they don't like what you collect ? Altering an existing government-issue coin is legally distinguishable from minting a whole new coin that looks like legal tender but isn't. Your analysis overlooks this: Just because those rounds have "COPY" on them doesn't necessarily mean it is required by law. There has not been any court ruling on the requirement of "COPY" on a silver round that has similarities and differences from a US coin. In other words: The threshold is not well defined for how close a silver round can be to an original numismatic item and still not need "COPY" on it. And I repeat: Altering an existing government-issue coin is legally distinguishable from minting a whole new coin that looks like legal tender but isn't. There is no legal precedent for your claim that I am somehow getting away with something. Which one of those was a genuine US Mint coin prior to being [over]struck ? PS: Personally, I think putting "COPY" on a silver round that obviously isn't a US Mint product is stupid. It is a silver round. But a "COPY" of a silver round ? Does that mean it is made out of COPY (imitation) silver ? Hypothetical scenarios have been invented and presented many times in these arguments. Here is mine, in regards to these "COPY" silver rounds: Grandpa buys a bunch of these "COPY" silver rounds because it is the cheapest was to acquire silver bullion. Years later his heirs are liquidating the estate. They come across these "COPY" rounds. But since they are marked "COPY", the heirs mistakenly think they are worthless and discard them. Or the heirs take them to a "we buy gold" shop and the ignorant/unscrupulous shop person tells them the rounds are imitation silver and only worth 50 cents each. Somebody might get cheated [I]because[/I] these rounds have "COPY" on them.[/QUOTE]
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Just got the elusive 1916 Barber Half....
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