[Colonial Numismatics] Willow/NE Shilling is Phony

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From sfmartin@corp.sytexinc.com Thu Oct 24 12:19:10 2002
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Subject: Re: [Colonial Numismatics] Willow/NE Shilling is Phony
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From: Syd Martin <sfmartin@corp.sytexinc.com>
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Jeff: the real issue is not that someone buys them for what they are
and enjoys them as such, but rather that somehow (estate or otherwise)
they subsequently enter the market as "real." With Betts
forgeries/fantasies, at least there was/is a list of (if not all) what
was produced and the subtle differences. If we could produce a CD or
photo-file of all these "recent" forgeries, the problem could be avoided
somewhat in the future. But this doesn't seem tobe being done. Syd

Rosaamltd@aol.com wrote:

> Hi Syd. One of the problems here is that it is NOT illegal to sell
> copies that aren't marked with the "COPY" stamp. First off, the
> seller is purporting these to be of the 19th century or early 20th
> centruy, long before the Hobby Protection Act was passed -- and there
> is no provision that earlier copies need to be marked as such. Now,
> regardless of whether we believe that his pieces are being very
> recently made, there is simply no real way to PROVE that they are
> newly produced. Secondly, the Hobby Protection Act ONLY applies to US
> coins...it does NOT cover colonial issues. Ironically, one of the
> cases that actually went to court over it involved a 1787 Fugio copper
> which did not have the "COPY" stamp -- the decision reached was that
> only official US coinage was subject to the terms of the Act -- even
> though the Fugio's could have been argued as one of the first official
> coinages by the new nation!
>
> The only thing that seems reasonable to me is that if you think they
> are neat items (to me they seem a modern equivalent of the Betts
> forgeries, for instance), then buy them for what they are worth to you
> -- in my case $15 to $30 a pop doesn't seem unreasonable for the
> amount of work that must have been involved. If you don't like them
> at all, then don't buy them -- I'm sure there were many contemporaries
> of Betts that shunned his production as well.
>
> Jeff Rock
> Yahoo! Groups Sponsor

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> To unsubscribe from this group, send an email to:
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Jeff: the real issue is not that someone buys them for what they
are and enjoys them as such, but rather that somehow (estate or otherwise)
they subsequently enter the market as "real." With Betts forgeries/fantasies,
at least there was/is a list of (if not all) what was produced and the
subtle differences. If we could produce a CD or photo-file of all
these "recent" forgeries, the problem could be avoided somewhat in the
future. But this doesn't seem tobe being done. Syd
Rosaamltd@aol.com wrote:
<blockquote TYPE=CITE> Hi Syd.
One of the problems here is that it is NOT illegal to sell copies that
aren't marked with the "COPY" stamp. First off, the seller is purporting
these to be of the 19th century or early 20th centruy, long before the
Hobby Protection Act was passed -- and there is no provision that earlier
copies need to be marked as such. Now, regardless of whether we believe
that his pieces are being very recently made, there is simply no real way
to PROVE that they are newly produced. Secondly, the Hobby Protection
Act ONLY applies to US coins...it does NOT cover colonial issues.
Ironically, one of the cases that actually went to court over it involved
a 1787 Fugio copper which did not have the "COPY" stamp -- the decision
reached was that only official US coinage was subject to the terms of the
Act -- even though the Fugio's could have been argued as one of the first
official coinages by the new nation!
The only thing that seems reasonable
to me is that if you think they are neat items (to me they seem a modern
equivalent of the Betts forgeries, for instance), then buy them for what
they are worth to you -- in my case $15 to $30 a pop doesn't seem unreasonable
for the amount of work that must have been involved. If you don't
like them at all, then don't buy them -- I'm sure there were many contemporaries
of Betts that shunned his production as well.
Jeff Rock
 
 <tt>To unsubscribe from this group, send an email to:</tt>
 <tt>colonial-coins-unsubscribe@egroups.com</tt>
 
 
<tt>Your use of Yahoo! Groups is subject to the <a href="http://docs.yahoo.com/info/terms/">Yahoo!
Terms of Service</a>.</tt></blockquote>
</html>

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Source URL

https://groups.yahoo.com/neo/groups/colonial-coins/info

Date published

2002-10-24

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[Colonial Numismatics] Willow/NE Shilling is Phony Public Deposited

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