Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Error Coins
>
Please read about this altered error I found...
>
Reply to Thread
Message:
<p>[QUOTE="JCro57, post: 3755567, member: 92083"]Most major error and die variety discoveries, especially those which make headlines and sell for big bucks, tend to draw the attention of opportunistic scammers. Some of their skills are scary good with some going as far as making fake dies, making planchets with exact diameters, weights, and metallic contents, and even professional-looking reeding and rims.</p><p><br /></p><p>There are many fakes and altered favorites like the 3-Legged Buffalo nickel and the 1955 Lincoln cent doubled die, but also targeted are coins for which there are only literally a handful of known examples. Such is the case for the coin below.</p><p><br /></p><p>Here is a genuine 1943 Mercury dime which had a set of fake 1943 Lincoln cent dies strike it a second time to make a rare and highly desired double denomination. Other than the misshapen diameter and minor rim flattening that are key flaws, notice how incredibly good the Lincoln cent designs, lettering, and numerical shapes are for a 1943 Lincoln cent.</p><p><br /></p><p>As to why someone would create this altered coin, it is important to know the genuine example also shown here sold for $33,600 in 2018. Someone did a pretty decent job that would fool most collectors and experienced dealers who don't know much about the minting process.</p><p><br /></p><p>In my opinion, learning the basics of how coins are minted, how they used to be minted, and when major processes changed is key to help avoid getting scammed.</p><p><br /></p><p>I bought this as an educational piece from a friend. Unfortunately, someone paid about $50 to find out it is an altered coin.</p><p><br /></p><p>The altered example is on top; the genuine one is below. Scary how incredibly similar the markings are, ain't it?</p><p><br /></p><p>[ATTACH=full]1006682[/ATTACH] [ATTACH=full]1006683[/ATTACH] [ATTACH=full]1006684[/ATTACH] [ATTACH=full]1006685[/ATTACH] [ATTACH=full]1006686[/ATTACH]</p><p>Genuine photos courtesy of, and with the permission of, Stacks & Bowers[/QUOTE]</p><p><br /></p>
[QUOTE="JCro57, post: 3755567, member: 92083"]Most major error and die variety discoveries, especially those which make headlines and sell for big bucks, tend to draw the attention of opportunistic scammers. Some of their skills are scary good with some going as far as making fake dies, making planchets with exact diameters, weights, and metallic contents, and even professional-looking reeding and rims. There are many fakes and altered favorites like the 3-Legged Buffalo nickel and the 1955 Lincoln cent doubled die, but also targeted are coins for which there are only literally a handful of known examples. Such is the case for the coin below. Here is a genuine 1943 Mercury dime which had a set of fake 1943 Lincoln cent dies strike it a second time to make a rare and highly desired double denomination. Other than the misshapen diameter and minor rim flattening that are key flaws, notice how incredibly good the Lincoln cent designs, lettering, and numerical shapes are for a 1943 Lincoln cent. As to why someone would create this altered coin, it is important to know the genuine example also shown here sold for $33,600 in 2018. Someone did a pretty decent job that would fool most collectors and experienced dealers who don't know much about the minting process. In my opinion, learning the basics of how coins are minted, how they used to be minted, and when major processes changed is key to help avoid getting scammed. I bought this as an educational piece from a friend. Unfortunately, someone paid about $50 to find out it is an altered coin. The altered example is on top; the genuine one is below. Scary how incredibly similar the markings are, ain't it? [ATTACH=full]1006682[/ATTACH] [ATTACH=full]1006683[/ATTACH] [ATTACH=full]1006684[/ATTACH] [ATTACH=full]1006685[/ATTACH] [ATTACH=full]1006686[/ATTACH] Genuine photos courtesy of, and with the permission of, Stacks & Bowers[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Error Coins
>
Please read about this altered error I found...
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...