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<p>[QUOTE=&quot;Bob Evancho, post: 7407528, member: 84595&quot;]I don&#039;t believe any legitimate, knowledgeable coin dealer will ACCIDENTLY sell a fake.&nbsp; There are enough books written about the die characteristics of US and many foreign coins and enough reference on the internet for a coin dealer to assure a customer the coin they are selling is authentic.</p><p>&nbsp;I have been a coin collector for 66 years and have consulted for governmental authorities on counterfeit and altered US coins.&nbsp; I&#039;ve never bought a fake coin but I have bought counterfeit and altered coins to take them off the market or to use them as show and tell and at prices commensurate with the fact the coin is not authentic.&nbsp; Usually $5 to $10.&nbsp; When I do sell a key extra coin from time to time, I give the buyer an education on the die characteristics of the genuine coin and how they can identify a genuine raw coin. </p><p>&nbsp;If you do buy a key coin raw from a dealer, ask them to prove the authenticity based on die characteristics of a genuine coin, metal content (most dealers I find will not invest in an XRF device), weight, diameter, reeded edge count, minting process, etc..&nbsp; And get everything in writing and take a picture and write down any characteristics that will identify the coin in case you have to return it. </p><p>&nbsp;I know dealers in my area who have sold counterfeit and altered coins (usually due to lack of knowledge) and when the buyer brought the coin back, they refunded the buyers money.&nbsp; Good dealers stand behind their merchandise and there are many good dealers on Coin Talk.&nbsp; </p><p>Everyone (Dealers and Collectors) should study Federal Trade Commission; 16 CFR Part 304; Rules and Regulations Under the Hobby Protection Act #00011.[/QUOTE]</p><p><br /></p>

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