sigistenz Posted January 12, 2011 Report Share Posted January 12, 2011 NY Sale lot#1165 was withdrawn - recognized as FAKE. From the picture the coin looks absolutely innocent. But our friend IgorS explained to me: "Sigi, this is the type of fake that can only be identified by knowing of the existance of these particular fakes. On one of the Russian forums they showed two other coins that looked exactly the same as this one, including the remaining details of the undercoin." Hit the link. I don't know what to say. Do you? http://www.sixbid.com/nav.php?lot=1165&p=viewlot&sid=341 - Link to comment Share on other sites More sharing options...
BKB Posted January 12, 2011 Report Share Posted January 12, 2011 What is there to say? I am not planing on buying any overstrikes that do not have provenance going back at least 5 years. Next step is the edging process. When that is copied as well, I will stop buying any coins without provenance. The process is fairly new. They use polymers to create an impression of a coin. Then they press an original coin with those polymer "dies" One set is good for a mintage of about 5 to 10. A wonderful technology put to shady use. Same as nuclear power. Link to comment Share on other sites More sharing options...
lennysky Posted January 12, 2011 Report Share Posted January 12, 2011 THose copies are superb! I am glad I got mine some years ago, but even that in my mind is questionable now. Link to comment Share on other sites More sharing options...
squirrel Posted January 12, 2011 Report Share Posted January 12, 2011 Yes, this the peril of putting modern technology to ill use. However, by disclosing the fakes as we are doing here, elswhere on the web, and publishing them, as in the RNS journals, we can do our part to preserve our hobby. Link to comment Share on other sites More sharing options...
lennysky Posted January 12, 2011 Report Share Posted January 12, 2011 One step ahead. Unfortunately before we learn enough to differentiate between the fakes and real coins, a few unfortunate collectors get taken. Then later on, say 5-10 years, they try to off-load them as real and more people get hurt. The "filter" must be implemented at the auction level. Link to comment Share on other sites More sharing options...
nicholasz219 Posted January 12, 2011 Report Share Posted January 12, 2011 You know, I think this brings up an important issue. I think that possibly creating a clearinghouse of photos (especially high resolution photos) possibly in conjunction with the Wikipedia project would help the average collector avoid the purchase of fakes. This high quality fake probably would have made its way into my collection as well. Link to comment Share on other sites More sharing options...
gxseries Posted January 12, 2011 Report Share Posted January 12, 2011 The only way out of this ugly counterfeit issue is to be aware and educate yourself from such counterfeits as well as knowing whom you are buying from. It's unfortunate but the more information we put out in the internet to warn these counterfeiters, it makes their job easier to know what products are failing and correct them. The result is higher quality counterfeits with less mistakes and it makes it even harder for average collector to detect such. It's business for them as well and sadly they got the upper hand. Unlike banknote security where new technology is leaving counterfeiters behind, one can't change what was struck years ago. Link to comment Share on other sites More sharing options...
lennysky Posted January 13, 2011 Report Share Posted January 13, 2011 There is technology available which can determine the exact composition of then coin. However, if the counterfiters use an original host coin to overstrike with false dies, the technology is dead in the water. Link to comment Share on other sites More sharing options...
BKB Posted January 13, 2011 Report Share Posted January 13, 2011 a lot of collectors here are barred from most of the cutting edge information due to lack of an ability to read Russian language. The Russian forums is the place to get a lot of new information. That is where the info on this fake was published, as well as, the info. about this type of fakes altogether. There is a great influx of direct Paul's overstrikes on the Russian market. I would look into those. If they are not fake yet, as soon as the edging technology is perfected, they are next. I am staying away from all overstrikes altogether. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.