Is my 1943 roosevelt dime counterfeit?
An appraiser said it is worthless because it has to be a counterfeit. This is unlikely because it belonged to my grandfather who lived in a tiny house on the edge of a ranch where he worked. I doubt he had the space or knowledge to produce counterfeit coins. If anyone could let me know where they get their own coins appraised, I would like to take mine there to get an accurate value on it before I list it on ebay.
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Let’s call it a fake, to be accurate. Faked coins fall into two groups, counterfeit, and genuine-but-altered.
A counterfeit is a new coin manufactured to look and pass off as an original. Another term is reproduction, but reproduction coins that are stamped with either ‘replica’ and ‘copy’ are legal and desired by collectors who want to fill a hole in their book and can never afford the original. Counterfeits are illegal and designed to cheat. Sometimes to try to trick collectors of rare coins, but usually, to cheat the financial system by passing fake money. More often than not, counterfeiting is done of existing circulating coin and currency.
Altered genuine coins are cheating, too, but are not counterfeits. You see this with collectible coins of high value. What you most likely have is a 1948 dime that is genuine. Either the ’8′ has become worn to look like a ’3′, and the coin is fully genuine (and worth only the $1.50 or so of silver in it), or an altered 1948. A coin like this is still worth the silver in it, but worth nothing as a collectible.
I have a an altered 1916-D Mercury dime that my father picked up somewhere. It filled the hole in his book, which I inherited, and I thought "Wow!" ….until I took it out and looked at it. Someone had split two dimes in half, and taken a 1916 P or S obverse and crudely adhered it to a D reverse of unknown date. The seam around the edge is impossible to not see, as is the extra thickness and weight. It probably has $2.00 worth of silver in it because of that extra weight, is worthless in collecting terms, but is priceless to me as a conversation piece, and because it was my Dad’s.
I could put it on eBay and list it as an altered coin being sold as a ‘conversation piece’ only, and I’d probably be OK with eBay, as absolutely nobody would be fooled by it and whoever bought it wouldn’t be buying it to turn around and try to scam somebody. But it would be a waste of time. I wouldn’t get anything for it.
You’ll be wasting your time putting yours on eBay.
Ask the some other appraisers; perhaps look into it at a museum.
The coin is a counterfeit of some sort. The Roosevelt dime was not created until 1946. By Federal law no living person can be portrayed on US money and Roosevelt was alive in 1943. I would suspicion that someone took a 1953 coin and changed the five to a four.
Any coin dealer can verify this for you. If you have a high powered magnifier, by this I mean 15X or 20X, you should be able to see where the changes were made.
What you have is a novelty item and I would not put it on Ebay as an authentic item, sorry.
As was stated the Roosevelt dime was not struck until 1946. Your Grandfather could have received the item in change or found it. It may be a medal of some kind. FDR was big with the March of Dimes charity and that is why he is on a dime. Without seeing the item we are all guessing here, as to what it is, we know what it is not. One can not make a counterfeit coin of one that did not exist in the first place. It has to be a medal of some type. 1943 was not a time to mint much except for a zinc plated steel cent that rusts. World war II had the attention of all Americans then. Best I can do without pics or scans.
It may not be a fake… Listen to Art Bell’s show on Mel Waters’ Bottomless Hole. He found a hole somewhere in Washington States and all these coins were laying around. Maybe it was a dump of the Fed or the coins may come from another place.