Counterfeit. What should I do with it?
MarkKelley
Posts: 1,978 ✭✭✭✭✭


4.8 grams, lightweight base metal fake. Got my money back but I don't want to toss it. Is it useful for educational purposes?
1
Comments
Yes
🎶 shout shout, let it all out 🎶
The ANA solicits counterfeit coin donations for use in their counterfeit coin detection course and educational seminars at major coin shows.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
thanks for sharing nice images here.
nice to have a regular flow of these posted to keep our eyes trained.
That would be a nice example to start a counterfeit coin collection with!
"When they can't find anything wrong with you, they create it!"
Too bad this isn't a contemporary counterfeit. I think this fits more in the realm of forgery.
Agree. That’s a scarce and valuable coin at that grade, so I believe it was intended to deceive collectors. It also looks to be of better quality than contemporary counterfeits I’ve seen from the same time period.
Would PCGS slab it and note it as a counterfeit? Worth a call to find out.
I have been trying to educate collectors on counterfeit coins with myself included. Can you post what were the details that you saw that determined it is a fake.
Thanks for your time.
Wayne
Kennedys are my quest...
I bought this from eBay. The first thing I noticed when I got it in hand was that the edge was too square. I then proceeded to weigh it and there was no need to go further.
I too would donate it for the good of the order. Thanks for sharing. Peace Roy
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I would preserve it or get it to someone who will, for two reasons.
First, it is educational to be able to see fakes and learn from them.
Second, there always the chance that someone could misdiagnose a coin.
Overall look -- fake.
Denticles wonky, IGWT "soft', not crisp.
Best tell though is the date.
Look at the numerals.
They aren't even close to those on an authentic 1914 quarter.
The reverse is slightly more convincing than the obverse.....but not by much.
I'd keep it and use it as a discussion piece to use in comparing a legit versus a counterfeit when showing the collection to family, friends and other collectors.
Too bad it is fake, it has an attractive look.
Thanks for the info.
Hopefully it helps more than just me.
Wayne
Kennedys are my quest...
I read that ANACS has a slab just for counterfeits
edit to add
I found this on IGC slabbing counterfeit coins "for educational purposes only"
icgcoin.com/about/the-holder/the-educational-slab-for-altered-and-counterfeit-coins/
Here is a whole thread on slabbing counterfeit coins
https://forums.collectors.com/discussion/983587/will-pcgs-put-a-counterfeit-coin-in-a-holder
You should probably add a mark to it stating it’s a copy if you want to keep it for educational purposes.
Definitely either keep it for your education file, or donate it to the ANA for their training. Cheers, RickO
I am opposed to this.
It should be holdered as a counterfeit but not marked, in my opinion.
I am reminded of an Ike dollar with a huge clip that some nitwit counterstamped "not a real error". The problem is that he was wrong and it was a real error.
I am also reminded that for some years the 5th 1913 Liberty V nickel was assumed to be fake by the family that owned it. Luckily no one decided to mark it as such.
ICG will slab it with a yellow label.
Remember:
If you SNAD it to eBay you should be able to get a refund.
Give it a try.
BHNC #203
I'm pretty sure the PCGS tag for a counterfeit has DO NOT HOLDER in big letters to make sure it doesn't accidentally get put into a holder, regardless of what may be written on the tag that indicates it as such.
I guess so, that dose make sense