Is it just me or does that piece not look like the waffled coins that have been pictured in the articles? Looks like someone folded it a few times with some crimpers, it's not obliterated nor does it display the waffle patterns that the real ones show.
Edited to add: Maybe the waffling is on the other side? I don't know.
I went back and found the previous auctions that Fred sold. This coin does not look anything like the coins that sold earlier so obviously this person is trying to scam an unsuspecting buyer.
PF70 for fully unrecognizable pieces with full luster? I guess they could grade it on how bent it is... I wonder how ANACS would handle it if you submited one to them... Net grade for Tooling? Bent? Damage?
It is not a mint waffled coin! It is either a fake someone made or maybe the counting houses are doing their own waffling now. Either way it is not worth bidding on!!
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
OH MY GAWD!!!!!!!!!!!! Fake trash!!!! What in the L will sleazeBay coin dealers think of next?? The high bidder beaton is really getting beat on this time. He better stick to those slabbed toned Morgs he usually buys. Selling fake trash on eBay. Imagine that.
Change that we can believe in is that change which is 90% silver.
I emailed Beatone and sent the following email to the seller;
I hope you aren't trying to rip someone off! This coin WAS NOT waffled by the mint. Their waffling is nothing like this one. If you want to see what the real waffling looks like go to www.mintnews.com Your coin looks nothing like that. It was done by someone trying to take advantage of the uneducated collectors!!
Fast forward to the year 2025... "Dad, why did you save all these damaged coins?" "I dunno....seemed like a good idea at the time."
Fast forward to the year 2060.... The heirs go through his posessions.... "What the heck are these bent & beat up coins?" "I dunno....toss 'em in the dumpster with the other junk."
"A happy person is not a person in a certain set of circumstances, but rather a person with a certain set of attitudes"--Hugh Downs
Fake! - I reported the seller to eBay's Seller central. That's a counterfeit waffled coin and they're trying to rip someone off, and give the rest of us legit collectors a bad name.
After a number of emails with the seller of this coin I ended up giving her a big apology! It is real!!!!! It is the reverse picture. The triangular shape is on the other side.
I also found out that there is a 55 gallon drum of them sitting in Chicago!! I wouldn't advise bidding to high on them as the market will be flooded shortly!!!!!
Come on, one look at the Coin World pic and I knew what the other side would look like! I was hoping you guys would,nt figure out that it was real until I owned it! I was going to see how many bets I could get that PCGS would slab it!
You can fool man but you can't fool God! He knows why you do what you do!
Since the seller has a ton of them I wouldn't bid too high!! Her Dad is in scrap metal business and I gather that they get them in 55 gallon drums full !
Her dads going to retire early! Damn, what a racket! I was going to flip this one for a couple bucks, he has drums of em! Lets see if the seller is smart enough now to place a picture of the Obverse!
You can fool man but you can't fool God! He knows why you do what you do!
<< <i>Come on, one look at the Coin World pic and I knew what the other side would look like! I was hoping you guys would,nt figure out that it was real until I owned it! I was going to see how many bets I could get that PCGS would slab it! >>
PCGS would never slab something that can easily be reproduced outside the mint with the right equipment. There's no way to guarantee authenticity and CU would put itself at too much financial risk. Give it up -- it's just scrap metal.
I'll take that bet! They're probably on the phone right now, talking with the Mint! Ever hear of the WTC Coins? Would'nt be too hard to prove where this one came from. They better quit slabing coins then, there's some good fakes out there!
You can fool man but you can't fool God! He knows why you do what you do!
Anybody ever heard of Fred Weinberg? Well, he's one of the largest error dealers in the US and he is a member of this board and also writes the attributations for the slab insert for PCGS's Error Service. If PCGS does choose to slab them I'm not worried about fake waffled errors getting into PCGS holders cause they won't get past Fred.
Change that we can believe in is that change which is 90% silver.
No skin off my nose either way, but I still think it's a fake after seeing the photos of both sides.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>Anybody ever heard of Fred Weinberg? Well, he's one of the largest error dealers in the US and he is a member of this board and also writes the attributations for the slab insert for PCGS's Error Service. If PCGS does choose to slab them I'm not worried about fake waffled errors getting into PCGS holders cause they won't get past Fred. >>
The issue of "real" and "fake" doesn't apply here. There's a big difference between striking a coin from counterfeit dies and making a "waffle" from a real coin using the same equipment used by the Mint. If you can't tell the difference between the Mint product and the commercially produced product, authentication -- and the creation of a collector market -- is impossible. Unlike with coin dies, which are carefully controlled, the Mint claims no desire to control the means by which they cancel coins. It's perfectly legal to buy the equipment and make the "waffle" coins yourself in the same manner.
I have no doubt that the first generation of sellers of these coins will make lots of money from buyers who have to have these new "errors." But I also have no doubt that those buyers are going to be really sorry when the market collapses.
<< <i>Kranky... Fred Weinberg has also give his opinion that they are genuine. >>
I'm wrong on this one, then. All the photos I had seen of these so far had 95%+ of the design obliterated. This particular coin doesn't look nearly as mutilated; it's just bent up. The "waffling" pattern doesn't seem to match the other photos I had seen either.
If this is a desirable item, I agree with the other posters who feel these will shortly be available by the boatload.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i> It's perfectly legal to buy the equipment and make the "waffle" coins yourself in the same manner.
>>
Wrong! While its ok to modify money, its not ok to try an raise its value by making people think its something its not! >>
Do the words "National Collector's Mint" mean anything to you? The Mint is on the record as saying the canceled coins are scrap metal. You can make them yourself and sell them as long as you don't claim they were made at the Mint. Of course secondary buyers won't be able to tell the difference, and I doubt the Mint is planning to issue certificates of authenticity.
Comments
Edited to add: Maybe the waffling is on the other side? I don't know.
Capped Bust Half Series
Capped Bust Half Dime Series
Edited for spelling
42/92
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Fake trash!!!! What in the L will sleazeBay coin dealers think of next??
The high bidder beaton is really getting beat on this time. He better stick to those slabbed toned Morgs he usually buys.
Selling fake trash on eBay. Imagine that.
I suppose I should email him!
San Diego, CA
San Diego, CA
I hope you aren't trying to rip someone off! This coin WAS NOT waffled
by the mint. Their waffling is nothing like this one. If you want to see
what the real waffling looks like go to www.mintnews.com
Your coin looks nothing like that. It was done by someone trying to
take advantage of the uneducated collectors!!
San Diego, CA
Fast forward to the year 2025...
"Dad, why did you save all these damaged coins?"
"I dunno....seemed like a good idea at the time."
Fast forward to the year 2060....
The heirs go through his posessions....
"What the heck are these bent & beat up coins?"
"I dunno....toss 'em in the dumpster with the other junk."
“I want you to remember that no * ever won a war by dying for his country. He won it by making the other poor dumb * die for his country”
Go BIG or GO HOME. ©Bill
I also found out that there is a 55 gallon drum of them sitting in Chicago!! I wouldn't advise bidding to high on them as the market will be flooded shortly!!!!!
<< <i>It is real!!!!! It is the reverse picture. The triangular shape is on the other side. >>
Did they provide that image? If so, can you post it here?
Russ, NCNE
WAFFLE
Well you have to admit that this:
Doesn't look quite like the one Fred Weinberg sold last week:
this is reminiscent of the commercial i saw many years ago on late night television-----the ad was selling "Genuine Faux Pearls" to the unwise.
al h.
J&J Coins
website
Wild Ebay Toners for sale
The big O
<< <i>Come on, one look at the Coin World pic and I knew what the other side would look like! I was hoping you guys would,nt figure out that it was real until I owned it! I was going to see how many bets I could get that PCGS would slab it!
PCGS would never slab something that can easily be reproduced outside the mint with the right equipment. There's no way to guarantee authenticity and CU would put itself at too much financial risk. Give it up -- it's just scrap metal.
Well, he's one of the largest error dealers in the US and he is a member of this board and also writes the attributations for the slab insert for PCGS's Error Service.
If PCGS does choose to slab them I'm not worried about fake waffled errors getting into PCGS holders cause they won't get past Fred.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
I don't know, but the seller has an eBay feedback rating of 15 with 14 of them coming in the past 12 months (member since Jan 00).
This isn't something that I'd be interested in any ways...
My Coin Website
My Professional Website
<< <i>Anybody ever heard of Fred Weinberg?
Well, he's one of the largest error dealers in the US and he is a member of this board and also writes the attributations for the slab insert for PCGS's Error Service.
If PCGS does choose to slab them I'm not worried about fake waffled errors getting into PCGS holders cause they won't get past Fred. >>
The issue of "real" and "fake" doesn't apply here. There's a big difference between striking a coin from counterfeit dies and making a "waffle" from a real coin using the same equipment used by the Mint. If you can't tell the difference between the Mint product and the commercially produced product, authentication -- and the creation of a collector market -- is impossible. Unlike with coin dies, which are carefully controlled, the Mint claims no desire to control the means by which they cancel coins. It's perfectly legal to buy the equipment and make the "waffle" coins yourself in the same manner.
I have no doubt that the first generation of sellers of these coins will make lots of money from buyers who have to have these new "errors." But I also have no doubt that those buyers are going to be really sorry when the market collapses.
<< <i> It's perfectly legal to buy the equipment and make the "waffle" coins yourself in the same manner.
>>
Wrong! While its ok to modify money, its not ok to try an raise its value by making people think its something its not!
<< <i>Kranky... Fred Weinberg has also give his opinion that they are genuine. >>
I'm wrong on this one, then. All the photos I had seen of these so far had 95%+ of the design obliterated. This particular coin doesn't look nearly as mutilated; it's just bent up. The "waffling" pattern doesn't seem to match the other photos I had seen either.
If this is a desirable item, I agree with the other posters who feel these will shortly be available by the boatload.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>
<< <i> It's perfectly legal to buy the equipment and make the "waffle" coins yourself in the same manner.
>>
Wrong! While its ok to modify money, its not ok to try an raise its value by making people think its something its not! >>
Do the words "National Collector's Mint" mean anything to you? The Mint is on the record as saying the canceled coins are scrap metal. You can make them yourself and sell them as long as you don't claim they were made at the Mint. Of course secondary buyers won't be able to tell the difference, and I doubt the Mint is planning to issue certificates of authenticity.
<< <i>
<< <i>
<< <i> It's perfectly legal to buy the equipment and make the "waffle" coins yourself in the same manner.
>>
Wrong! While its ok to modify money, its not ok to try an raise its value by making people think its something its not! >>
You can make them yourself and sell them as long as you don't claim they were made at the Mint. >>
Is'nt that what I just said? The value wont be raised unless they were made at the Mint, might not even be able to get 25 cents for it!