possible counterfeit seated half

Discussion in 'What's it Worth' started by The_Cave_Troll, May 15, 2006.

  1. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    hey all, I picked this 1841-O seated half out of my dealer's junk bin over the weekend. I was just wondering if you all agree with him that it is counterfeit. Aside from being obviously double-stamped (doubling on face stars, pole, hat, and reverse lettering) it is also in medal alignment.

    I paid $2 for it so I'm not out much either way, especially since it rings like silver and the weight is correct.

    I am just wondering if anyone can identify if it is a well know contemporary counterfeit or just a piece of junk. Does it have any value?

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    So what do you think?
     
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  3. bandito974

    bandito974 Senior Member

    Yea 2.00 for any half dollar is a great buy Let alone a seated in good shape!
    Are you sure its a fake?
    I guess I'd think something was up too if I found it in a "Junk" pile, did the dealer say anything?
     
  4. CoinKid52

    CoinKid52 Senior Member

    I'm not one to properly tell you fake or not, but I'd have to say it is. And, out of curiosity, if it was "supposedely" fake, why did you get it? :confused:
     
  5. Bonedigger

    Bonedigger New Member

    It looks fake, but if why produce a counterfeit one made with silver and have it weigh correctly??? I think it's a good deal for a couple of bucks.

    B
     
  6. Bonedigger

    Bonedigger New Member

    Also, wasn't the "cache" under the sidewalk in New Orleans mostly 1840-O and 1841-O quarters and halves? It was a pretty famous story down south for some time in the 30's. I think a construction company unearthed a chest full of old coins and the crowd 'PROCURED' the contents, LOL.

    Ben
     
  7. Charlie32

    Charlie32 Coin Collector

    It has a very weak strike. I would say counterfeit. Some contemporary counterfeits are worth almost as much as authentic ones.

    Charlie
     
  8. CoinKid52

    CoinKid52 Senior Member

    Never mind, I've answered my own question! It has silver! :D
     
  9. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    The exact quote from the dealer was "I don't know if that is genuine, and I want to be certain that you understand that I am selling it as a fake." So the dealer was up front about his suspicions and I found it intriguing and cheap, so I picked it up. The ring is right and the weight is right so I think it is silver and if it is it's intrinsic value is more than double my cost. There were a number of times when silver coins only had a tiny fraction of their face value in silver and so it was very profitable to make fakes out of the proper metallic composition.
     
  10. Mikjo0

    Mikjo0 Numismatist

    It's also double struck on the obverse.
     
  11. Troodon

    Troodon Coin Collector

    If it is fake, it sounds like it's likely a contemporary one. Still, it's interesting, and for $2 I'd buy that, fake or not.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    I'd say the dealer was right.
     
  13. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    I agree, I've been talking with someone who bought a (properly labeled) fake seated quarter from me last year and he said it is an obvious cast copy and the doubling is from when the cast was made the original slipped inside the mold and created the doubling. He said that the reverse appears to have been the upright side when the coin was made because of some bubbling that he saw. He seemed to think that it is a contemporary copy and not a recent Asian fake. Interesting stuff for sure.
     
  14. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    Well I just sold the fake to the gentleman I mentioned above for $30, one of my most profitable one week turnarounds! It actually sold for more than a genuine coin in that condition would have sold for, lol.

    here is the text of some of our correspondence about this coin:


    I offered the coin to him for $30 and he accepted my offer. I guess thattoday's lesson is that everything has value to someone and it's all about connecting the stuff I have with the people who need that stuff! Pluss I learned a boatload of stuff about 19th century counterfeiting, it was quite a rewarding coin to have purchased and learned about!
     
  15. GDJMSP

    GDJMSP Numismatist Moderator

    Gee thanks CT - and thanks to your pal too :thumb: Now I finally have written explanations for what I just "see" :high5:
     
  16. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    That's kinda what I thought too, although I obviously don't have your experience in viewing coins.

    I got the impression that he has quite a collection of counterfeits both foreign and domestic as well as a wealth of knowledge on the subject. I found our correspondence very informative!
     
  17. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    That's a great story! It seems like everything old and scarce has value as long as it is authentic, even if it is an authentic counterfeit. I've noticed that in the area of Hard Times Tokens and Civil War Tokens that contemporary counterfeits also frequently have significant value.
     
  18. Jim M

    Jim M Ride it like ya stole it

    What an awesome informative post. Thank CT. A+ on this one!
     
  19. jmpearso

    jmpearso New Member

    That guy knows his stuff, very informative.
     
  20. Morgan Dollar13

    Morgan Dollar13 New Member

    Cool coin! I was thinking of buying a conterfeit walker for $8 at the local dealer. Looks dark and gray and laminated lol :p
     
  21. bruce 1947

    bruce 1947 Support Or Troops

    Hi CHRIS,
    Good story good job, maybe you can find that Henning counterfeit I have been looking for in that junk bin :rolling: I HOPE I HOPE I HOPE.
     
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