Fake trade $'s on Ebay.

Libertad

I was browsing and found this fellow's auctions for the fake Trade dollars interesting. He's offering a couple of bust dollar fakes and a Morgan fake as well.

One of his top bidders has a negative feedback average...
Do fake coins attract fake bidders at auction?

Fake trade $ auction.

clw54

I think they're likely to attract bidders who will try to pass them off as real.

littlewicher

All the other auctions he bid on are currency.

FC57Coins

If these coins aren't marked with "replica" or "copy" aren't they illegal to hold?

Frank

09sVDB

I believe they are and they just serve to confuse the unwary.

Fairlaneman

This must be Fake weekend on Ebay. A Fake 23D Mercury Dime was put up For Sale also. It was the first one I have seen on Ebay since going to the site. The Dealer also acknowledged it was Fake.

Ken

Outhaul

I thought it was against eBay rules to list counterfeit coinage and currency not conspicuously stamped "COPY"?

Libertad

There was another thread about the large number of fake Trades at the Hong Kong show recently, LINK.

If these were made as forged copies, they sure seemed to circulate from the auction pics.

wingedliberty

Libertad is right, excellent article in Coin World on fake Trade dollars. at the Hong Kong show.


Brian.

ldhair

Not illegal to hold. If you say it's real and sell it, it's a problem.

Gilbert

Does the Trade Dollars status (i.e., "demonetized) have an impact on whether it is legal or not to have/sell counterfeits? Should it?


BTW, may I take credit for bringing the article to the fore,? even though it didn't even get a comment?

dorkkarl

i own a 2 of these, think i paid about $20. they are part of my counterfeit reference set, & in that sense are perfectly legal to own.

K S

Libertad

Sorry, didn't mean to slight anyone, Gilbert. I must've missed the post, but the gong went off in my head when I saw the auction from reading this thread on the boards.

I wonder where all the die-struck fakes will end up being marketed to the numismatic community?

Gilbert

Well that, I believe, is before I mentioned it. I just can't keep up anymore, without reviewing like 6 - 10 pages whenever I sign on. I guess that might be why there were no comments where I posted about the article. Has anyone got stuck with OR at encountered any of these, yet. If so, what is your opinion on the "caliber" of these fakes.

DorkKarl, do you know if they orginated out of Hong Kong, or have you owned them prior to this article coming to light?

Same CoinWorld: Could anyone have imagined that Sacagawea's would be counterfeited?

dorkkarl

the 2 i have like the one in that ebay auction are indeed from hong-kong - as are at least a dozen other counterfeits i own. they are extremely common. i don't have the coins in front of me, but i think there are a couple of 1799 dollars, a ludicrous 1804 (???) dollar w/ reeded edge, several trade dollars, including some non-existent date/mm combos, etc. they also make counterfeit "silver eagles" from the same area, including some wacked out dates, like 1906 & such. all of those fakes are extremely easy to recognize as being bogus if you have any familiarity at all w/ coins, the story i heard from a genetleman who spent plenty of time in the orient is that little kids approach tourists in the streets & try to sell them these coins for a couple of dollars or so.

K S

Conder101

<< <i>Does the Trade Dollars status (i.e., "demonetized) have an impact on whether it is legal or not to have/sell counterfeits? Should it? >>



Not likely because they have the same status as all of our other coins. the Trade dollars was re-monitized by the coinage act of 1965.