I don't have the equipment to test the metal and a specific gravity test is not sufficient.
We did this yesterday, I have a fake book that has all fakes in it so I can look at from time to time I know they are all fakes but never tested them and this is what they tested as.
I guess this is why it does not stick to a magnet.
So as not to scare everyone, once you know what a genuine coin looks like using 5X magnification, none of these coins are deceptive at all. Additionally, at this time, these testers are very expensive.
@Insider2 . I did not know that. So much for my theory. It seems that if I owned a 100k coin which I don't I would like it in something a little more special than plastic, maybe in hand.
@JeffersonFrog said:
I think sometimes we are guilty of thinking about things "as we would". There was a good thread here about a year ago(?) that explained how folks in China can make money selling items for $.99. It stands to reason - if you are a Chinese counterfeiter - that selling $25 - $75 fake, lowly Jefferson's would only be that much more profitable. And it just might fly completely under the radar. Forget the FS fakes - too much attention, too high $$. Who would ever suspect a $35 BU 1942-D or a $25 BU 1939-S Jeff being counterfeited? One plausible WHY.
Can you link to this thread? Ive tried the search function but haven't been able to find it.
In 1995 if someone told me that counterfeit slabs were being produced in the future, you would have a puzzled look on your face. No way ,that would be too hard to do that. Besides the Government would crack down on such unethical activities. Right?
Comments
So as not to scare everyone, once you know what a genuine coin looks like using 5X magnification, none of these coins are deceptive at all. Additionally, at this time, these testers are very expensive.
@Insider2 . I did not know that. So much for my theory. It seems that if I owned a 100k coin which I don't I would like it in something a little more special than plastic, maybe in hand.
Can you link to this thread? Ive tried the search function but haven't been able to find it.
If I recall new they're usually around 18-20k
Cheapest one I found was for $12k
https://www.ebay.com/itm/DEMO-Vulcan-LIBS-Handheld-Analyzer-FAST-LASER-Alloy-ID-Scrap-PMI-Metal-Tester/233346664497?hash=item36548b8831:g:uLUAAOSwPhpcpoxo
An article written about it:
https://www.thesprucecrafts.com/chinese-coin-counterfeiting-ring-4071202
You can rent-to-buy. They are a luxury. Several years ago, I had a market rep give a demo in one of my seminars.
@Skrill90 asked:
Can you link to this thread? Ive tried the search function but haven't been able to find it.
Try this, little over halfway down on first page (u1chicago post):
https://forums.collectors.com/discussion/992406/do-you-want-to-buy-bit-coin-cheap/p1
If we were all the same, the world would be an incredibly boring place.
Tommy
In 1995 if someone told me that counterfeit slabs were being produced in the future, you would have a puzzled look on your face. No way ,that would be too hard to do that. Besides the Government would crack down on such unethical activities. Right?
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