Who else has intentionally purchased a counterfiet?
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Raybob15239
Posts: 1,359 ✭✭✭
I finally won an unattributed 1902-o Morgan VAM 3 Contemporary Counterfeit in an eBay auction. Usually, when I find them, someone else who knows what it is will bid against me. Don't know if I was just lucky this time or not. Pics were not very good and I took a gamble on it, but got it for a nice price. Coin looks to be a VF20, and I picked it up for $35. Not a bad price. I had been looking for a Contemporary Counterfeit for years and began to accept that I would never cherry pick one; if I wanted one, I'd have to buy it attributed and for a higher price.
I have purchased a couple of the Chinese counterfeits over the years to see how good they are. It is scary how much better they have gotten. They will fool novice collectors and maybe even a few seasoned ones as well. That type of purchase is not what I am talking about here.
Just curious how many people actually look for the contemporary counterfeit Morgans and other series. What is the draw for you?
Comments
I only buy them if they come in collections. I don't go looking for trouble.
There are multiple threads here with scores of posters buying “fantasy” date counterfeits made by a particular popular “manufacturer.”
I’ve bought a few, knowingly, for trivial sums, from reputable folks to use for educational purposes in my club. I wouldn’t purposefully buy them from anyone looking to make a profit from the sale.
If they are a 'fantasy' date, how are they a counterfeit?
Can't counterfeit something that never existed.
Hennings. and lesser fakes.
Also a known WWI Canadian $100 bill forgery.
Still looking to someday nuy a WWII German Operation Bernhard forgery British note.
I've bought (and found) Hennings, and have knowingly bought contemporary counterfeit Barber coins and a few Walking Liberty halves that were lead.
I have to agree with Will1960 on this. Fantasy coins can't by definition be counterfeit, and for example, the 1964 - D Morgan and Peace dollars by the Government are really not collectable!.....lol
Tell that to the FTC and court opinions holding that a counterfeit need not be an exact copy to be considered a counterfeit. There are also no shortage of threads discussing in detail, sometimes nauseating level of detail, why the pieces are counterfeits notwithstanding the date change or over strike issue.
Feel free to bump those threads to continue that discussion. My comment was on point: A good portion of forum members have purchased counterfeit coins whether wittingly or not.
I have a Dansco about a third filled with contemporary counterfeits. Some, admittedly, are Daniel Carr's creations. Neat looking album of fakes, actually!
peacockcoins
I haven’t purchased any yet, but I would love to pick up WWII era counterfeit currency from Operation Bernhard given its historical significance.
I do not collect numismatic forgeries, but I do collect monetary counterfeits that were made to circulate and fool shopkeepers and not collectors.
The Micro-O counterfeits are often testing out at 92-96% silver as whoever made them didn't have the means to refine the silver to .900 fine and didn't care - which would lead credence to the theory that they were made in the 1930's when silver got down to about 30 cents an ounce.
The various Henning nickels are a whole area of study and interest also, I have several of those with the looped R reverse and some without.
i've purchased oodles.
I bought a bogus ASE just to see if my Sigma PMV was lying to me. It was not. I got a refund and was told to keep the "coin."
It will happen suddenly
Although I must concede the artistic talent and technical ability required for those overstrikes, I am not a fan and would not buy one. I have questioned in this forum the legality of the issues, but they appear to have been accepted by the market.
I agree with this as well. I just wonder why they never counterfeited the Peace Dollars? I am not aware of any know. Contemporary counterfeit Peace Dollars....
I bought a couple "Liberty Seated Dollars" in Chang Mai, Thailand to give to various members of my local coin club. I think I paid $5 in total for them. The designs were actually pretty good, but there was one little oopsie... the reverse was a Morgan dollar reverse.
U.S. Type Set
I have a counterfeit Seated quarter and dollar along with several counterfeit Buffalo nickels. All appear to be contemporary counterfeits.
There are very few (arguably no) true rare issues. Were there premiums for the 34-S and 28-P and other keys/semi-keys back then? The Great Depression didn’t help matters any.
Just in the past year or so I have purchased on eBay three Shield Nickels, three Silver Three Cent pieces, and an Indian Cent, all contemporary counterfeits, none listed as such. I would love to start picking some contemporary counterfeit bust coins, but I do not know enough about them to properly identify, perhaps after Winston Zack publishes his next "Bad Metal" update I can expand my horizons.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
yolo
https://www.pcgs.com/setregistry/collectors-showcase/date-sets/hashtags-prefect-coin-grading-service-1879/album/7621
I have a few walkers as well. At one time I was contemplating doing a date run as I’ve seen many of the early dates as contemporary counterfeits.
Not knowingly. I did buy a 1974 Aluminum cent for less than $4 but my intention is to buy the real thing.
I have a couple of seated contemporary counterfeits. Interesting pieces of history for sure, and they usually go for pretty cheap when unattributed.
Aercus Numismatics - Certified coins for sale
sure, I collect contemporary counterfeit Bust $1/2's
BHNC #203
I purchased a 1902 CC Morgan at an antique shop... After showing them they were never made and it was counterfeit. Paid a reduced price, to get it off the market. Then I registered it on the counterfeit site, it had the PUP's. Cheers, RickO
I have bought some at coin shows and coin auctions, knowing exactly what they were. I will not buy them from online actions (ebay) .
I have bought several, back when my favorite grading company was still grading the 1896, 1900 and 1902 Micro-O Morgan dollars. But it stopped doing so in mid-2005 and since then I have only been able to acquire 2 more.
I bought this bogus "1837 half dollar" at a small Massachusetts coin show many years ago. It was pictured in Don Taxay's book about counterfeit in and mistruck coins that he published back in the 1960s.
This is a contemporary counterfeit. The crooks missed the memo that an 1837 half dollar does not have a lettered edge.
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For those who believe this ... why not prove your theory? Create a Series 2016 $100 Federal Reserve Note ... you know, just like a "real one" but as a Series 2016 instead. Since those never existed, you should be just fine. Then, share your entrepreneurial adventures with the Secret Service.
No worries! Since those notes never existed, your perfect Series 2016 $100 FRN replica won't get you in any trouble ... right? Besides, I am sure the Secret Service is understanding and has a wonderful sense of humor.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
Story About Fake Dollars .. A guy who had over 50 fake silver dollars sold them as fake to a shop keeper. Both parties knew they were fake.. If I recall he sold them for $2.00-3.00 each. So the shop keeper who is not s coin guy goes on vacation. While on vacation he sells the coins to a not collector for a few thousand dollars. The non collector happy with the deal notices some of the dates are very rare and after a time he shows them to a coin dealer. The dealer told the poor guy they are fake this starts the ball rolling. The FBI and/or the Treasury Department come to the guys store 1800 miles and asked about the dollars he sold out of state. Shop keepers tells the FBI he bought them from this guy who I knew and shows up at his house. He explains he sold them as fake and the shop keeper sold them as real. Needless to say everyone was on edge waiting for something to happen and as of this point in time nothing has moved forward and it seems that the FBI was ok with the explanation and the guy did get his money back and the coins were confiscated. I was glad to hear that the FBI took this serious and followed up. This happens so when you sell the coins that are fake remember they could be resold as real ..That next knock on the door could be the FBI..
My Dansco 7070 album is primarily filled with reproductions/counterfeits/copies. I use it for "show and tell" and keep my PCGS holdered 7070 collection stored away for special occasions.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,...
Several...many of which cost much more than a real one would have in the same condition.
Several years ago when I was researching the 1949 Mexico 1898 peso restrikes I bought two Chinese copies of the coin from sellers in Hong Kong.
One had "COPY" on it and the other didn't.
Mexico peso 1898 restrike copy with "COPY"
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television