what is the "copy" stamped into a coin for ?

[Navy Dude]

what is the "copy" stamped into a coin for ?

I just got a hand full of coins that have "COPY" stamped into them. Are these fakes or

 

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[GEOFF]

Re: what is the "copy" stamped into a coin for ?

yes they are.

 

[d2arcing]

Re: what is the "copy" stamped into a coin for ?

it is like getting a check that says void

 

[Bigheed]

Re: what is the "copy" stamped into a coin for ?

its a copy made to look like the original size, appearance, etc. but not intended to be fraudulent, hence the copy on it.

I started freaking out one night I got a seated dime and then I saw the "copy" LOL....so sad! red book had it at like 500....i was thinking well maybe I'd get 3 for it :-(

 

[Silver Bear]

Re: what is the "copy" stamped into a coin for ?

They are 100% real copies. Test drive them with a magnet.

Best Regards & HH...SB

 

[fistfulladirt]

Re: what is the "copy" stamped into a coin for ?

Be thankfull that is a counterfeit actually stamped COPY. Many of them aren't. That's one reason I tend to shy away from buying old silver dollars. I can just imagine sitting on a collection of counterfeits that I unknowingly "got a good deal on".

 

[BuffaloBoy]

Re: what is the "copy" stamped into a coin for ?

should've at least hassled him down to $5, a fairer price.

 

[TheRockDoc]

Re: what is the "copy" stamped into a coin for ?

Like someone already kind of mentioned, they will sometimes be made of the same metal content as the originals, but just stamped "copy" to clearify that they were made way after the year that the coin has minted on it. I am guessing they are not 90% silver, but definately be aware of that being a possibility.

Also, as someone else mentioned, just be glad they actually said "copy" on them...... Most good fakes made today do not have any such markings.

And if it makes you feel any better, I would have bought those for $10 bucks, if nothing else, just based on the fact that there is a tiny percent chance they could be coin silver (90%). Even if they are not, you could sell those online, being upfront about what they are, and get more than your 10 investment back. IMO.

 

[Mackaydon]

Re: what is the "copy" stamped into a coin for ?

'Coins' marked COPY are called 'imitation numismatic items', not counterfeits, which implies the seller is attempting to get a price near the original coin's price for a coin that is not original. The word COPY is one of the requirements of the Hobby Protection Act (http://www.collectors.org/Library/Hobby_Protection_Act.asp) to safeguard (to some extent) the sale of real coins from 'imitation numismatic items'.
Don.....

 

[Jeffro]

Re: what is the "copy" stamped into a coin for ?

It's a government conspiracy, man....... meant to hold the people down, man....


Seriously, they are reproductions of original coinage. Pretty much worthless.

 

[CoinHELP!]

Re: what is the "copy" stamped into a coin for ?

It would help to know what coin type and denomination.

 

[Mzjavert]

Re: what is the "copy" stamped into a coin for ?

I found (Coinstar reject bin) a plastic "nickel" with "copy" in raised letters on both sides. Seemed a bit redundant to me. But I guess the powers to be really think someone is so thick as to believe a plastic nickel might be real, spendable money.

 

[bowhunter543]

Re: what is the "copy" stamped into a coin for ?

I found (Coinstar reject bin) a plastic "nickel" with "copy" in raised letters on both sides. Seemed a bit redundant to me. But I guess the powers to be really think someone is so thick as to believe a plastic nickel might be real, spendable money.

Well, someone did try to put through the coin counter.

 

[Mzjavert]

Re: what is the "copy" stamped into a coin for ?

I found (Coinstar reject bin) a plastic "nickel" with "copy" in raised letters on both sides. Seemed a bit redundant to me. But I guess the powers to be really think someone is so thick as to believe a plastic nickel might be real, spendable money.

Well, someone did try to put through the coin counter.

Touche. Though I attributed that one to the family's five year old.

This weekend I did find an undersized "COPY" 1943 penny in the Coinstar. It is roughly the size of an Canadian dime. The back was pretty nice but the obverse was almost cartoonish. As there were also two foreign coins in the reject bin, I honestly don't believe that copy was put in the penny jar by the family five year old.