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What is this guy up to?

Craigslist ad:

https://dallas.craigslist.org/ftw/clt/d/fort-worth-us-liberty-2018-silver-coin/6986481876.html

Looks fake. Isn't it illegal for a "commemorative" coin (if you can call it that to skate legal tender laws) to have a U.S. Dollar denomination marked upon it, without the word "COPY" stamped somewhere on there? Seems sketchy.

And he's got more ads like this of other coins. Like this one:

https://dallas.craigslist.org/dal/clt/d/fort-worth-antique-silver-coin1-dollar/6985234636.html

An Indian Head "Silver Dollar"! LOL! I guess it technically isn't counterfeiting if the coin design itself was never made by the U.S. government. But it still has a "One Dollar" denomination, which should be illegal. Not sure what to make of this.

Jeez. What are we supposed to do with people like this? They probably leave a bad taste in the mouth of people who buy that fake Silver Eagle and then that cheated buyer will never want to buy another coin again. Probably costs us all money indirectly. Certainly doesn't help this hobby. Thankfully, PCGS was one of the companies that lobbied for the Hobby Protection Act to help stiffen penalties for fakes (is my understanding).

What would you do?

Comments

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Report it:

    ACEF Anti-Counterfeiting Task Force
    https://acefonline.org/

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Craigslist, ebay etc., are all full of scams....That is just one/two of many....They are reported here daily. Cheers, RickO

  • AlexinPAAlexinPA Posts: 1,458 ✭✭✭✭✭

    There's more of them than us! :s

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I have only use Craiglist once.

    Brought multi-thousands of dollars of cash to a deserted back parking lot to make a non-coin deal.

    One of the best deals that I have ever done :)

  • @ErrorsOnCoins said:
    I have only use Craiglist once.

    Brought multi-thousands of dollars of cash to a deserted back parking lot to make a non-coin deal.

    One of the best deals that I have ever done :)

    What did you buy?

  • MilesWaitsMilesWaits Posts: 5,412 ✭✭✭✭✭

    You lost me at “craigslist ad.”
    Next up, “I got taken at Grinder..”

    Now riding the swell in PM's and surf.
  • @MilesWaits said:
    You lost me at “craigslist ad.”
    Next up, “I got taken at Grinder..”

    Craigslist is just a marketplace. There are honest people, then there are idiots, and there are crooks who take advantage of the idiots.

    You're clearly a skeptic who doesn't trust easily. Your cautious demeanor will keep you safe. But those who don't venture to take a risk can never reap the reward of a gamble.

    Though clearly this particular seller isn't offering a chance at riches. Just an opportunity to lose $25 on ignorance. I'm referring to other sellers and opportunities when I say that good luck is out there, you just have to be willing to look for it.

    Same goes for eBay. There are excellent deals. Then average, then retail, and then at the height of absurdity people asking so much for their junk it's beyond parody. Same rules apply: the diamond in the rough isn't easily found, but the only person who will find it is the man who spent the time to search in the first place.

  • MasonGMasonG Posts: 6,262 ✭✭✭✭✭

    @RedstoneCoins said:
    Same rules apply: the diamond in the rough isn't easily found, but the only person who will find it is the man who spent the time to search in the first place.

    Have you figured out whether the gold eagle you bought on eBay is real or not yet?

  • @MasonG said:

    @RedstoneCoins said:
    Same rules apply: the diamond in the rough isn't easily found, but the only person who will find it is the man who spent the time to search in the first place.

    Have you figured out whether the gold eagle you bought on eBay is real or not yet?

    Well, it weighs 34.08 grams, passes the Sigma Metalytics test, has the correct thickness and diameter (will double check those again shortly), and most importantly, the obverse and reverse details seem authentic.

    Others have informed me that 34.08 grams (100.44% of Gold Eagle standard weight, 33.93 grams) is within the 0.5% tolerance.

    I believe it is real. But I'm cautious and always intent on checking my coins in every possible way. Fakes abound, you know.

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