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FSH - Counterfeit $5 gold COPY COPY COPY!

AlteredToneAlteredTone Posts: 304
in Buy, Sell, & Trade - U.S. Coins
See images below...

Confirmed by local coin shop to be high quality counterfeit $5 Indians. Confirmed 22K gold. Total weight is 50.1 grams. They offered bullion prices of course.

People have told me that there are collectors of counterfeit coins. Make me an offer on these, AND LET ME KNOW WHERE YOU WANT ME TO SCRATCH THE WORD "COPY" ONTO THEM. I won't sell them here w/out marking them to keep them from being passed off as genuine.

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Comments

  • guitarwesguitarwes Posts: 9,270 ✭✭✭

    good counterfeits.......wudda fooled me from those pics.

    Scratching "COPY" onto them sounds so harsh. Maybe you can get a very small punch set and stamp it onto them to make it neat and noticable. Just my opinion.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    Glad you at least found out they are real gold, good for you! image
    imageQuid pro quo. Yes or no?
  • CoinsAreNeatCoinsAreNeat Posts: 628
    If you will scratch "copy" on them they will look horrible and no one will want them.
  • BXBOY143BXBOY143 Posts: 1,110 ✭✭
    i would use a dremmel tool and just put on the rev "FAKE" so you can atleast display it image
    https://m.ebay.com.my/myebay?mfs=tabs&actionName=SELL_OVERVIEW
  • RedneckHBRedneckHB Posts: 19,353 ✭✭✭✭✭
    Lots of people collect counterfeits and use them for study. Defacing them will reduce any collectible value.
  • RYKRYK Posts: 35,798 ✭✭✭✭✭


    << <i>Lots of people collect counterfeits and use them for study. Defacing them will reduce any collectible value. >>



    image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • Weather11amWeather11am Posts: 2,049 ✭✭✭


    << <i>Lots of people collect counterfeits and use them for study. Defacing them will reduce any collectible value. >>



    And lots of people will sell an unmarked fake as genuine. I think something does need to be done so they are designated as fakes.
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭
    An option is to donate them to the ANA so they can be used to educate collectors. Also, that takes them off the market. However, the downside is that the tax write-off ("cash equivalent") is much less than an outright sale. If a donation to the ANA is the decision, I would recommend contacting Robin Sisler, the Collections Manager first to work out the logistics (it's a nice courtesy). He can be reached on this Board as lostsisler or at sisler@money.org.

    Defacing them, while understood for the reasons of protecting future collectors, will reduce their desirability to those of us who collect counterfeits and use them for educational purposes.

    Lane
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • AlteredToneAlteredTone Posts: 304
    The guy at my local coin shop offered me $1150 for the set of six, to melt. Agreed to let me mark them. Anyone care to top that, or shall I sell them for melt.

    Not in a financial position to donate...
  • savoyspecialsavoyspecial Posts: 7,296 ✭✭✭✭
    would you mark 'copy' on the edge?

    greg

    www.brunkauctions.com

  • BXBOY143BXBOY143 Posts: 1,110 ✭✭


    << <i>would you mark 'copy' on the edge?

    greg >>



    THAT CAN BE EASILY DONE WITH A DREMMEL image
    https://m.ebay.com.my/myebay?mfs=tabs&actionName=SELL_OVERVIEW
  • AlteredToneAlteredTone Posts: 304


    << <i>

    << <i>would you mark 'copy' on the edge?

    greg >>



    THAT CAN BE EASILY DONE WITH A DREMMEL image >>



    Probably required Dremmel skills beyond mine... I am at a loss as to what to do with these damn things!
  • p8ntp8nt Posts: 2,947 ✭✭✭


    << <i>Probably required Dremmel skills beyond mine... I am at a loss as to what to do with these damn things! >>



    Sell them to board members. I think we're a group of trustworthy individuals.
  • cullenbryantcullenbryant Posts: 1,794
    I'd at least get an opinion beyond the local coin shop, not to belittle the persons abilities,
    but the more heads the better in a matter such as this. Particularly if this same shop made the melt offer.
  • BXBOY143BXBOY143 Posts: 1,110 ✭✭


    << <i>I'd at least get an opinion beyond the local coin shop, not to belittle the persons abilities,
    but the more heads the better in a matter such as this. Particularly if this same shop made the melt offer. >>




    image
    https://m.ebay.com.my/myebay?mfs=tabs&actionName=SELL_OVERVIEW
  • sommerjsommerj Posts: 472
    How can you tell there fake?
  • BullishBullish Posts: 374
    They sure do look real? I do agree, take them to somebodyelse to look at. I'd buy $5 gold for melt all day long!!
    SEE the BULL!! BUY the BULL!! BE the BULL!! Do your homework first. And, you will learn alot!!
  • AlteredToneAlteredTone Posts: 304


    << <i>How can you tell there fake? >>



    ANACS told me
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    Before selling them without COPY prominately marked, check the law. My recollection was that is illegal to sell them without the marking.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • ARCOARCO Posts: 4,420 ✭✭✭✭✭
    I would go get a second opinion before scratching anything on to the coin. They are made of gold, and of the same weight as a U.S. $5.00 and you are supposed to ruin the coin by scratching it up?

    There is no financial incentive to forge a common date $5.00 gold with the exact same amount of gold that a real one has.
  • BXBOY143BXBOY143 Posts: 1,110 ✭✭


    << <i>

    << <i>How can you tell there fake? >>



    ANACS told me >>



    dont you mean someone who works for ANACS?

    whats to say they were not accurate and what distinguished them to be considered "FAKE" a second opinion is worth not making a pricy mistake IMHO!


    -Paul
    https://m.ebay.com.my/myebay?mfs=tabs&actionName=SELL_OVERVIEW
  • pontiacinfpontiacinf Posts: 8,915 ✭✭


    << <i>The guy at my local coin shop offered me $1150 for the set of six, to melt. Agreed to let me mark them. Anyone care to top that, or shall I sell them for melt.

    Not in a financial position to donate... >>



    take the money and rest easy knowing you wrecked a few contemp. counterfietsimage
    image

    Go BIG or GO HOME. ©Bill
  • LonerAngerLonerAnger Posts: 152
    Put them in fake slabs.

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