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V21 2018 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 21, Number 7, February 18, 2018, Article 21

BEWARE THE COIN SWAP TRICK

Michael Bugeja published a February 12, 2018 Coin Update article on how online sellers attempt to deceive buyers by swapping out better coin from sets, rolls and holders. We've discussed coin packaging before and I wanted to mention these. -Editor

Swapped-out Tidy House dollar The Tidy House Swap
Here’s an egregious example of the swapped out Tidy House silver dollar, replacing the Morgan with an Extra Fine cleaned and retoned Peace dollar. In the 1960s, Tidy House used Morgan dollars, after buying several $1,000 bags for its promotion from the U.S. Mint. They did not use Peace dollars. The bait here is that Peace dollars rarely tone, and so the seller plays on hobbyists’ desire to get a toned coin for their collections.

To read the earlier E-Sylum articles, see:
QUERY: TIDY HOUSE PRODUCTS AND PROMOTIONAL COINS INFORMATION SOUGHT (http://www.coinbooks.org/esylum_v13n37a14.html)
TIDY HOUSE SILVER DOLLARS (http://www.coinbooks.org/esylum_v19n41a32.html)

The Swapped-Out Littleton Set

Swapped-out Littleton set

The Littleton Coin Company has sold these sets for many years, stored in a velvet case that usually results in rich toning. In the photo above, the bottom set is original; the top set, swapped out. Resist any such set that lacks toning, is my advice if you’re looking for original coins.

The article includes links to Bugeja's Coin World articles on the topics, which also include the Infamous Double Mint Set Swap and the Carson City Morgan Dollar Swap. -Editor

To read the complete article, see:
The great coin swap: Get wise about online buys (http://news.coinupdate.com/the-great-coin-swap-get-wise-about-online-buys/)

Heritage E-Sylum ad 2018-02-18


Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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