Another Bogus 1801 Half Dollar on eBay

eBay #3937319384 was brought to my attention by another person who correctly identified the coin as altered from 1806/5 O.103 to 1801. with 6 days to go, it is up to $561. Seller states "coin was approved by professional coin dealers as authentic."
I would hate to see a person get burned from this altered coin. Any recommendations?
Bill
I would hate to see a person get burned from this altered coin. Any recommendations?
Bill
Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
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Comments
Any recommendations?
Yes. Where's scumnuker??? Also, report it to eBay. This happens way too often on eBay, which really sucks for the honest sellers. Scumballs like the seller of the fake 1801 are littering an otherwise viable marketplace.
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Go to the bottom of the page and click on the "Report" link.
Bill
I received the following response from the seller from my question about the possibility of it being a 1806/5 0.103 to 1801.
<< <i>Dear Friend, If you think PCGS not reputable expert, I don't know what to say. I send my coin to PCGS not for grading, for confirming only and I have paper work. But I appreciate your concern and I already confirm with eBay authorities about proof I have. Thank you. >>
Well, now we know he's lying. That makes it 99.9% certain that he is fully aware that he is selling a counterfeit (altered date) coin.
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<< <i>Well, now we know he's lying. That makes it 99.9% certain that he is fully aware that he is selling a counterfeit (altered date) coin. >>
JRC,
I'd like to respond back to him. Give me something i can say about his response.
Thanks,
Doug
42/92
<< <i>Care to share what tipped you off as to it being counterfeit/altered? What diagnostics did you look for? >>
Wow...I was just going to ask that question
Care to share what tipped you off as to it being counterfeit/altered? What diagnostics did you look for?
I can't answer for Bill, but when I first saw the coin (via this thread), I noticed that the date area was heavily tooled. I brought it into Photoshop and enlarged the date area and then it is very obvious that the second "1" in 1801 is not like any "1" I have seen on a Pre-Turb Half. Rather, it is obviously hand fashioned with the intent to decieve. Look at the upper portion of the "1" compared with the first "1" in the date. Not even close. The die sinker would have used the same punch to make both 1's in the date, presumably.
Once you get past the tooling in the date, take a look at the distinctively large stars on the obverse. There are only 2 varieties of 1801 halves and neither has stars of that fashion. I didn't double check the 1806 O-103 attribution, but if Nysoto says it it........IT IS.
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I'd like to respond back to him. Give me something i can say about his response.
Call his bluff. Say that PCGS does not authenticate coins without encapsulating them in plastic. Doesn't happen, at least to the best of my knowledge. The only paperwork that he would have received from a PCGS submission is a body bag stating that it was "not genuine" or "altered", etc. They would not say, "coin is cleaned so it cannot be slabbed, but it is genuine". He is lying.
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I'll post any response i get from him.
<< <i>Say that PCGS does not authenticate coins without encapsulating them in plastic. Doesn't happen, at least to the best of my knowledge >>
Dennis, I sent something similar to him a while ago, in response to his " Dear Friend, If you experts as good as PCGS, I'll take there words.My coin have a conformation from PCGS and I have paper work. I am selling and buying a lot, will you think I'll state the coin is REAL if is NOT. But I appreciate your concern. Thank you."
I haven't received a reply yet.
conformation from PCGS and I have paper work.
Yeah. He needs a good dose of "paper work" from his local police department.
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Most everything on eBay is bogus in one way or another
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since 8/1/6
I sent a note to ebay. What bothers me is that even if the auction is cancelled, he will find another buyer somewhere. The coin should be destroyed, this is actually a more deceptive example of a fake 1801. Three years ago there was an 1807 O.105 altered to 1801 on eBay, this is the more common alteration that is easier to detect. I emailed the winning bidder ($750) who thanked me for catching it.
Bill
had fiddled around with the date, plus it looks whizzed and toned oddly around the date as well.
But there is a slim possibly it is some sort of pizellation around that area.
The coin is real, just an altered date.
Joe.
Looks pretty obvious that it's been "tooled"
Bill
(original email)
"I would like to bid on your 1801 dollar, but have a couple of questions first. Who are the professionals that authenticated your coin. And can you fax or email me a copy of the paper work."
(reply)
Dear Friend,
It's PCGS, you can go on PCGS site and check Cert. Verification and check #90117551. You win coin I'll send you papers alone with coin.
Thank you.
The number checks out to an 1801 dollar that was "cleaned". Just a couple of observations - 1)If I had been asked for a copy of the paper work by a potential bidder I would have sent it - if the coin was genuine; and 2) English is not his native language.
Edit: I beg your pardon - the number does not check out to an 1801 dollar it's an 1801 half dollar. Sorry bout that
I am immediately skeptical/on guard when someone I don't know addresses me as "Dear friend" or "my friend" - anyone else?
Date, mintmark: 1801
Denomination: 50C
Variety: N/A
Pedigree:
Country: USA
Grade: Cleaning
This brings up an interesting question:
If PCGS bags a coin for cleaning, does that mean they already verified its authenticity. Which comes first?
I remember when I was grading at NGC and occasionally saw a genuine coin with multiple reasons to no-grade it. It was often a dilemma as to which reason(s) to mark for the no-grade, as if we checked just one, it could mistakenly lead the submitter (or someone else) to believe everything else about the coin was ok.
<< <i>
Barry, I believe it is quite possible that PCGS quickly came to a no-grade (cleaned) decision and missed the alteration. >>
If that's the case then a seller could use the PCGS "body-bag" cert as an authentication tool.
Saying, "yes, it's been cleaned but PCGS certified it's authenticity", by not claiming it is "altered".
That sucks big time !!
The fact that the seller did not want to provide a copy of the paper work regarding the PCGS determination makes me suspicious.
I don't know of any either, but he said he would send it if I won the bid??
Edit: OOPS. I see Conder beat me to it.
Russ, NCNE
David Hall stated in the above thread:
We would have a tendency to say "counterfeit" before we said "cleaned." But if a coin is harsely cleaned, we might not look that close for authenticity. Our guarantee of grade and authenticity only applies to coins in our holders...not body bags.
Thus unless it is in a slab, it isn't authenticated.
<< <i>We would have a tendency to say "counterfeit" before we said "cleaned." But if a coin is harsely cleaned, we might not look that close for authenticity. Our guarantee of grade and authenticity only applies to coins in our holders...not body bags. >>
Sounds to me like that if the graders notice cleaning, and don't investigate any further, that a coin would be bodybagged (for cleaning) and nothing else ? The bodybag label would say "Cleaned" and that would not alert to any other problems such as an alteration.
This in effect would allow the ebay seller to advertise the coin as PCGS Certified "Cleaned" according to the label. He/She would have a valid PCGS Cert number to referrence and use as a selling tool. Nothing about any other possible problems because the grader(s) didn't observe the coin any further.
This scenareo is scary. It seems to give rip off sellers a way to use PCGS as a selling tool, without the coin actually in a PCGS slab !
Absolutely. I have seen counterfeits bagged for other reasons, such as cleaning. We are now at a point where the seller
A) really believes that the coin is genuine, but has been cleaned, or
I would guess that he doesn't know that it is fake. Why would he waste time and money sending it to PCGS if he knew it was counterfeit. PCGS should have stated "questionable authenticity" on the body bag.
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<< <i>He/She would have a valid PCGS Cert number to referrence and use as a selling tool. >>
The cert number is only "valid" if it is associated with a graded coin. Otherwise, it's just a database tracking tool.
Russ, NCNE
and we'll compare the numerals and stars!
Nice work Nysoto.
Liberty: Parent of Science & Industry
Good job guys!
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<< <i>I would guess that he doesn't know that it is fake. Why would he waste time and money sending it to PCGS if he knew it was counterfeit. PCGS should have stated "questionable authenticity" on the body bag. >>
Some to consider, the coin in question here is NOT a counterfeit, nad it is not a genuine 1801 either. It is a genuine draped bust half dollar with a altered date. The BB should read altered, not counterfeit. Questionable authenticity would be marginally acceptable.
Some to consider, the coin in question here is NOT a counterfeit, nad it is not a genuine 1801 either. It is a genuine draped bust half dollar with a altered date. The BB should read altered, not counterfeit. Questionable authenticity would be marginally acceptable.
They chose from a canned list of reasons for each body bag. There are not that many choices to chose from. I don't even think that they have a "counterfeit" canned reason. They, and others, use "questionable authenticity" for the blanket reason to cover counterfeit, altered date, replica, etc, etc, etc.
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At NGC you have better choices. including Not Genuine, Obverse damage, altered surfaces, and most importantly Other with a line where the reason can be filled in such as "Altered date".
NCS actually has the best choice though. In addition to Not Genuine, they have a check box for Mechanically Altered.