How much would you pay for a fake?

Merc

Here is a seller who states right off the coin is counterfeit. I saw this auction and thought, that is a nice counterfeit 1916-D. It sould go for a few dollars. Now it is at $66! It is a circulated 1916 Merc worth a buck or 2. Why are people bidding up a fake?

fake 1916-D

291fifth

Perhaps some of the bidders have less than honorable intentions.

Trooper

Here's a fake 1916 D Merc that went for $450 Fake 16 D

Even the buyer left a negative describing the coin as fake..

Tom

baccaruda

depends on the history behind the fake. I'd like to have a racketeer nickel and I'd even pay a fair amount for a hollowed out gold coin. I know they're not fake but I think hobo nickels are very interesting too.

I guess what I appreciate is fine craftsmanship and a hobo nickel or hollowed gold requires much more skill than a big machine pressing a design onto a coin.

jdimmick

I see this all the time on the better made counterfiets. I think some of the people who are bidding on these to the higher than typical levels are doing it for "wrong reasons" . Looking to screw the un-informed.

One tid bit of information for the new collectors!!!!

One area that I hear were un-informed people get taken, is when buying sets of circulated coins like Merc dimes, washington quarters, lincolns etc. Some people purposely buy sets, remove the 16-d merc, 32-d washington, and replace it with the counterfiet coins. Then try to offer them in fast paced transactions at a show, local club meets, etc, where there is not much time to really review the coins closely. So if your a inexperienced dealer and especially a beginning collector, use extreme caution on buying complete sets. Make sure you take the time to review the "BIG" coins closely in the set before making the purcahse, and ask for opinions from others if possible.

jim

dorkkarl

50 bucks would be my max.

K S

DeepCoin

I would NEVER buy a fake coin. It encourages fraud. I would rather have an AG-3 16-D Merc than a 66FB fake.

Bikingnut

10 cents.

BillJones

In almost all cases, I won't pay a brass farthing for fake. I have two exceptions in my collection. One is a Gallery Mint copy of a 1796 half dollar. I got it as a filler. The second is one of those 19th century copies of a Bust Half dollar. The piece is dated 1837, when the Reeded Edge halfs were the norm, but this one has a lettered edge and other features that resemble the standard bust half dollar.

mgoodm3

Buy it for $100, resell it as a genuine 16d and make a tidy profit. That's probably what drives the market.

nwcs

face value

Merc

OK, I see what is going on now. It is a good looking fake so people want it to resell to others are real. I guess I don't normally think, how can I cheat others to make money. Sounds like a sure trip to hell.

I can't believe that giant fake 1916 in the second link went for $450. Then I see the buyer left a nasty feedback. There is no way he is getting his money back.

Fairlaneman

Some people want a fake coin just because and I am one of those people. The fake I want though is not a regular issue coin and everyone and their brother knows when one comes up for auction it is fake. The coin...a 1923D Merc Dime.

Just to have a fake of a regular issue coin, no thank you.

Ken

Dennis88

Absolutely nothing. For that money I should buy a nice low grade wheatie from the 50's.

Dennis

Conder101

Merc,

If it doesn't go much higher I'll buy that one. I need that certificate!

dorkkarl

<< <i>OK, I see what is going on now. It is a good looking fake so people want it to resell to others are real. >>

yeah, some people might. ok, maybe a lot of people might.

me, i just want it to add to my counterfeit reference collection.

K S

Merc

It is getting worse!! The counterfeit is up to $103.50. Hey bidders, it is a fake. The D mintmark is in the wrong place for a 1916-D. It won't fool a real Mercury dime collector.

Conder101

Like I said Merc, I want it for the certificate. And like Dorkkarl I collect counterfeits as well so it is worth it to me.