Now the Chinese crooks are toning the fake early dollars....

jdillane · January 10, 2008 7:54AM

USA Coin 1796 Silver Dollar $1# EF$$$$ Item number: 320206001039

Not certain how to link. While an obvious fake, due to the off-center bust, it is otherwise well made.

JJM · January 10, 2008 7:58AM

link

Bear · January 10, 2008 8:00AM

The motto of the China Mint:

"BETTER THINGS THROUGH CHEMISTRY"

ricko · January 10, 2008 8:02AM

And the suckers will line up to buy it.... so sorry... Cheers, RickO

vplite · January 10, 2008 8:02AM

They will only get better. Fake coins and fake slabs. Very disturbing. This is death to the high-end coin market.

Bochiman · January 10, 2008 8:02AM

I just offered Minx $10, including shipping, for one. I could put it in my album...cheap place holder

I'm curious to see the reply back, if any.

JJM · January 10, 2008 8:23AM

This is death to the high-end coin market.

I don't agree, the people in that segment of the market know better

kiyote · January 10, 2008 8:25AM

I wonder how many fakes PCGS sees a month!?

vplite · January 10, 2008 8:27AM

<< This is death to the high-end coin market.

I don't agree, the people in that segment of the market know better >>

OK, I should rephrase that. It is the end of the high-end coin market for me and I'm sure a few others. Of course I am a budget collector who has never paid over $800 for a single coin.

CaptHenway · January 10, 2008 9:34AM

This is from the same counterfeiter who made the 1795 and 1797 I mentioned the other day. The die characteristics are from a 1795 BB-51.
TD

RWB · January 10, 2008 9:38AM

Look for these fakes in counterfeit slabs to start showing up at antique shops and flea markets – right next to the spanner wrench sets, closeout jewelry and crock pots.

This is the real danger because they will then enter the hands of “Joe average” and his descendants – the headaches for collectors and small dealers will be endless.

ModernCrapNut · January 10, 2008 9:40AM

Makin' me love modern crap more and more.

123cents · January 10, 2008 9:51AM

The seller is from Beijing, China. That should be all a person needs to know.

rgl1345 · January 10, 2008 9:58AM

<< And the suckers will line up to buy it.... so sorry... Cheers, RickO >>

Sum Ting Wong!!

GoldenEyeNumismatics · January 10, 2008 10:03AM

That's a rather deceptive piece.

stevek · January 10, 2008 10:31AM

And good ol' ebay just allows these vermin sellers on there.

TwoSides2aCoin · January 10, 2008 10:55AM

So.... are you sure it's fake ? I'll pull a Saint Feldini on him and bid it up to a million. I'll risk a negative if my comrades in arms can absolutely assure me it's a fake.

We have to take this fight to the battlefront.

Elcontador · January 10, 2008 11:13AM

They're not as good as the docs who got a bunch of high end AT'd CBHs into real slabs, yet. You have to love the purple toning

CaptHenway · January 10, 2008 12:16PM

<< So.... are you sure it's fake ? I'll pull a Saint Feldini on him and bid it up to a million. I'll risk a negative if my comrades in arms can absolutely assure me it's a fake.

We have to take this fight to the battlefront. >>

I told you.....it has the die characteristics of a 1795 BB-51.
It ain't a genuine 1796.
TD

TwoSides2aCoin · January 10, 2008 12:58PM

okay TD, I heard ya

Unknown · January 10, 2008 1:01PM

This content has been removed.

TwoSides2aCoin · January 10, 2008 2:46PM

<< I wonder when the day comes that countries start using Chinese made missiles and discover that most of them are fake, hey that would be a good thing. >>

I've bid this coin up to a reasonably high amount. I've also written the seller suggesting he take the coin off the market before eBay does. I had a nice live chat with an eBay rep and this should be a fun game to play if I don't get NARU'd for taking a stance against counterfeiters. The ebay rep did thank me for doing what I did. She said it was good to have ebay members like me. I told her it was good to have her support since I won't be paying the guy even if I win. I also reported this as a counterfeit based on the knowledge TD shared. So let's see how this plays out.

robkool · January 10, 2008 2:54PM

WOW !!! This seller already has 5 bids... Get that coin in your collection, before it's GONE !!!

Zoins · January 10, 2008 4:57PM

AT

PerryHall · January 10, 2008 5:04PM

<< AT >>

It's also "AC" or Artificial Coin and that's the major issue. AT can sometimes be dipped off a coin but AC is forever.

jdillane · January 11, 2008 12:03AM

I see the seller has ended the auction early and canceled a $5000 bid with the explanation "does not want to sell". There were 4 bids not canceled and they were from the same person (shill?) as the amount is the same for each of the 4 bids.

I wonder if they are aware of this message board?

TwoSides2aCoin · January 11, 2008 12:07AM

<< I see the seller has ended the auction early and canceled a $5000 bid with the explanation "does not want to sell". There were 4 bids not canceled and they were from the same person (shill?) as the amount is the same for each of the 4 bids.

I wonder if they are aware of this message board? >>

The seller is aware of me

I bid five grand and wrote the seller that it would be wise to end the auction. I also wrote ebay and told them through "live chat" that this coin is a counterfeit. I hope others continue to do what I did. Risk a negative and retribution for doing what is right. I think the seller must have agreed with me since he pulled it before eBay did.

jdillane · January 11, 2008 12:12AM

Kudos, TS2C!

pharmer · January 11, 2008 12:31AM

<< 

<< I wonder when the day comes that countries start using Chinese made missiles and discover that most of them are fake, hey that would be a good thing. >>

I've bid this coin up to a reasonably high amount. I've also written the seller suggesting he take the coin off the market before eBay does. I had a nice live chat with an eBay rep and this should be a fun game to play if I don't get NARU'd for taking a stance against counterfeiters. The ebay rep did thank me for doing what I did. She said it was good to have ebay members like me. I told her it was good to have her support since I won't be paying the guy even if I win. I also reported this as a counterfeit based on the knowledge TD shared. So let's see how this plays out.

"The ebay rep did thank me for doing what I did."

eBay reps like a good laugh like everyone else.

I'm not sure it was smart to let them in on your little game.

kartwheel · January 11, 2008 12:32AM

TwoSides,
My grandparents thank you, my parents thank you, I thank you, my child thanks you and my grandchildren will thank you and so on and so on!!!!!!! A TOAST TO YOU MY FRIEND!

Kimberly

TwoSides2aCoin · January 11, 2008 12:39AM

Pharmer

Blame Feld... he taught me how to play this "game"

... and Kimberly, you, your family and all of my fellow coin world are welcome.
My mom always taught us to leave a place in better shape than it was when we showed up.

pharmer · January 11, 2008 2:32AM

<< Pharmer

Blame Feld... he taught me how to play this "game"

... and Kimberly, you, your family and all of my fellow coin world are welcome.
My mom always taught us to leave a place in better shape than it was when we showed up. >>

Oh, so he announces to the world what he's doing? That's a new one.

Frankcoins · March 5, 2008 5:44AM

<< They will only get better. Fake coins and fake slabs. Very disturbing. This is death to the high-end coin market. >>

And since eBay has competition in China, guess who is paying for the Chinese sellers to screw us....

BEIJING (AFX) - The Chinese unit of US online auction service eBay will scrap all sellers' transaction fees from today, amid market pressure from local competitors offering free services, including Yahoo-invested Alibaba.com, the Financial Times reported.

eBay recently raised fees in the US by 50 pct for goods worth up to 25 usd.

Ebay China had repeatedly waved aside challenges by Alibaba to withdraw its charges, saying in October that 'Free is not a business model'.

However, its Chinese auction website sharply reduced its charges last year and recently began waiving transaction fees for the use of local escrow or PayPal services, the report said.

From today eBay China will scrap transaction charges while requiring sellers to settle deals using those payments services.

'Each market is different...Chinese people are very price-sensitive, perhaps more than any other market,' Lillian Liu of eBay China was quoted as saying.

'It is very important for us to lower the cost for sellers and to encourage them to offer safe payment,' she added.

Dakkon76 · March 25, 2008 2:35PM

<< I just offered Minx $10, including shipping, for one. I could put it in my album...cheap place holder

I'm curious to see the reply back, if any. >>

Support of any kind only encourages such behavior, not a good idea if you ask me. You're basically telling him you know it's fake, but it's ok that he's doing it and you'll buy one from him cheap.

bigmansam88 · March 25, 2008 2:39PM

<< Support of any kind only encourages such behavior, not a good idea if you ask me. You're basically telling him you know it's fake, but it's ok that he's doing it and you'll buy one from him cheap. >>

As long as they can sell the coins they will keep producing them because they will continue to make money from people willing to buy them for $10.

The counterfeiters still make plenty of money selling each coin for $10, and are happy just to sell them at all.

Colquhoun · March 25, 2008 2:40PM

Why is there even an Ebay China, has anyone ever had a sucessfull and happy transaction with a Chinese seller on Ebay???
I should say I have known some very nice and ethical chinese, however in a couple billion your are going to get some bad apples.. the fact they are all on Ebay, just sucks

Now the Chinese crooks are toning the fake early dollars....

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