My advice to counterfeiters

MWallace

Check this out. Link.

My advice to counterfeiters is to forget passing your wares off at face value, just sell them on eBay. Plus you'd probably be in less trouble if caught since you're not trying to deceive anyone by passing them as genuine coins.

Mike
SmallDollars.com

GAT

As this coin is counterfeit, it's subject to seizure. Really surprised that sleezeBay would allow such a sale. I live in Oceanside but I am sure not the seller.

cointagious

I believe the seller in Pat Braddick.

MadMarty

I have nothing against Pat, but being he is a cop, shouldn't he be obligated to turn the coin into the secret service? Of do they not care about $1 coins and only care about bills?

cointagious

The hobby protection act was passed in 1973 and this is, without a doubt, an improper auction for eBay.

telecoin

This is not Pat. His ID is the same but with an S (plural). The funny thing is I was unable to spell it out as it contains what CU considers a banned word. My first attempt to post was blocked.

MadMarty

You are correct, Pat's ID has an s at the end. You can tell it's his by all the PCI slabs!!! That in itself should be a crime!

Hey Pat, take a ride over to Oceanside and bust that guy!!!

Rittenhouse

This is rather interesting. ebay should have stepped in, but may not have been aware of it.

The seller could be violating 2 US laws.

1. From Title 16 US Code, Volume 1,PART 304--RULES AND REGULATIONS UNDER THE HOBBY PROTECTION ACT

"Imitation numismatic item means an item which purports to be, but in fact is not, an original numismatic item or which is a reproduction, copy, or counterfeit of an original numismatic item."


2. From Title 18 US CODE Chapter 17 (this covers currently circulating coin)

"Whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled, or lightened -

Shall be fined under this title or imprisoned not more than five years, or both."


I said "could" be violating 2 laws 'cause I ain't sure that this is a counterfeit. Looks like a coin that got a brief acid dip or bleach job. So, question is: Is a person who represents and sells a real coin as a counterfeit violating the law?

It's certainly against the law to possess or sell a counterfeit of current coinage and to sell or possess an unmarked numismatic copy (counterfeit), BUT.... Is it against the law to sell a real coin as a counterfeit?

Any real securities/constitutional law lawyers out there?