(a) A person commits criminal simulation if, with purpose to defraud or injure, the person:
(1) Makes, alters, or represents any object in such fashion that it appears to have an antiquity, rarity, source or authorship, ingredient, or composition that it does not in fact have; or
(2) Possesses or transfers an object simulated as described in subdivision (a)(1) of this section with knowledge of its true character.
(b) Criminal simulation is a:
(1) Class D felony if the value of the object simulated exceeds one hundred dollars ($100); or
(2) Class A misdemeanor if otherwise committed.