What to do with a fake Trade Dollar?

I bought several Morgan Dollars and one 1875-CC Trade Dollar in a deal a few months back. I mostly collect Morgans, but the Trade Dollar looks great and even weighs correctly. It has no die casting marks or tooling, so it seemed authentic to me. I ended up selling on Ebay and the buyer emailed back 45 days later said it was counterfiet (by ICG grading) and wanted his money back. Got the coin back and sent his money. I just tried to sell it on Ebay again with the ICG flip showing it is "questionable authenticity" and they still kicked it off. I am not trying to sell a fake coin as a authentic coin, I am just trying to get rid of it. My question is what to do with it. 1. scratch "COPY" on the back and sell as a reproduction. 2. Keep it as an conversation piece. 3. Throw it in the garbage can, so others don't try to sell as real. 4. Make some type of jewelry out of it.
Any comments?
Any comments?
0
Comments
-Paul
<< <i>I bought several Morgan Dollars and one 1875-CC Trade Dollar in a deal a few months back. I mostly collect Morgans, but the Trade Dollar looks great and even weighs correctly. It has no die casting marks or tooling, so it seemed authentic to me. I ended up selling on Ebay and the buyer emailed back 45 days later said it was counterfiet (by ICG grading) and wanted his money back. Got the coin back and sent his money. I just tried to sell it on Ebay again with the ICG flip showing it is "questionable authenticity" and they still kicked it off. I am not trying to sell a fake coin as a authentic coin, I am just trying to get rid of it. My question is what to do with it. 1. scratch "COPY" on the back and sell as a reproduction. 2. Keep it as an conversation piece. 3. Throw it in the garbage can, so others don't try to sell as real. 4. Make some type of jewelry out of it.
Any comments? >>
I'm casually (not actively) working on a set of contemporary fakes..... Without checking, I know I need all the cc's...... If you're asking price is reasonable, I'd be interested...... PM me if you like...... Your's is off......
Use it as a reminder and as others have said, study it and learn what to look for as far as counterfeits go.
I'm sure that a lot of collectos have received counterfeits (they may not want to admit it though). It will make a good conversation piece!!
Bruce
(my mistake, I thought it had actually been graded by ICG)
Still worth keeping IMO even as a reminder of how careful you have to be when buying coins.
San Diego, CA
<< <i>I would get another opinion to see if it is authentic >>
I second that opinion.
I bought a darkside proof coin a while back, which I sold on eBay. Several weeks later, the buyer emailed and asked to return it because one of the eBay approved TPGs wouldn't certify it as a proof. Received the coin back, and made a refund. Next big show I attended, I took the coin with me and showed it around, soliciting opinions. Three out of three dealers with expertise in the area agreed that the coin was indeed a proof, and one of those dealers paid me nearly three times what I originally sold it on eBay for (and over twice the current catalog value).
Get a second opinion.
Seriously (well, if you don't want to send it to me...that is still choice #1), then go the 2nd opinion route.....maybe at a show if you go to any of the major shows.
Maybe ask TradeDollarNut or MarkFeld if they would be nice enough, if you sent it to them, if they could tell you why it is fake (maybe a good picture would do....).
Post a pic here, let people see if they know.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
--Jerry
Please remember that I usually don't fool with raw Trade Dollars. Even the person that bought this must have thought it was real to send off to ICG. Looked like a good XF 45 to AU 50.
the wrong font or style. The two D's in trade dollar are poorly made and slightly different. Those are just
three "ifs" that show on the reverse. The obverse has too small denticles and not properly spaced or separated.
What really upsets me more is the weight. you say that it weighed just over 27 grams? That's scarry.
Damn chinks,
bob
Hoard the keys.
<< <i>I bought several Morgan Dollars and one 1875-CC Trade Dollar in a deal a few months back. I mostly collect Morgans, but the Trade Dollar looks great and even weighs correctly. It has no die casting marks or tooling, so it seemed authentic to me. I ended up selling on Ebay and the buyer emailed back 45 days later said it was counterfiet (by ICG grading) and wanted his money back. Got the coin back and sent his money. I just tried to sell it on Ebay again with the ICG flip showing it is "questionable authenticity" and they still kicked it off. I am not trying to sell a fake coin as a authentic coin, I am just trying to get rid of it. My question is what to do with it. 1. scratch "COPY" on the back and sell as a reproduction. 2. Keep it as an conversation piece. 3. Throw it in the garbage can, so others don't try to sell as real. 4. Make some type of jewelry out of it.
Any comments? >>
I ended up giving my three fake ones to my neices for christmas, they loved them, even knowing they were counterfeit
You wouldn't believe how long it took to get him to sit still for this.
The Numismatic Enquirer
Did you give it a sound test, to make sure it was silver?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
keoj
I don't think its the real deal either, sorry. Dosn't have the right look,
especially on the denticles, they seem misplaced. But what do I know;
heed the other's advice and get a second opinion. Good luck.
BKingCoins, are you in Naples, Florida ?
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>5. Take it to a local park that is frequented by metal detectorists and bury it. >>
Dick
<< <i>send/give it to StopMotion so he can put it on his reference site.
The Numismatic Enquirer >>
Hey CappedBustDimes,
Thanks for thinking of me!
Harrison
Stop Motion
SPMC - J-12338
McDCCC - Charter Member
Announcing: The Numismatic Enquirer - Website
you should be the first.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
I give out comic books and candy every year. And to very little kids I give out toys. (I gather toys every year to give t hospitals for Christmas, so I just give some at haloween)
Ankur
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Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>I don't think its the real deal either, sorry. Dosn't have the right look,
especially on the denticles, they seem misplaced. But what do I know;
heed the other's advice and get a second opinion. Good luck.
BKingCoins, are you in Naples, Florida ? >>
Sorry, I'm from Kentucky.