Who else has intentionally purchased a counterfiet?
I finally won an unattributed 1902-o Morgan VAM 3 Contemporary Counterfeit in an eBay auction. Usually, when I find them, someone else who knows what it is will bid against me. Don't know if I was just lucky this time or not. Pics were not very good and I took a gamble on it, but got it for a nice price. Coin looks to be a VF20, and I picked it up for $35. Not a bad price. I had been looking for a Contemporary Counterfeit for years and began to accept that I would never cherry pick one; if I wanted one, I'd have to buy it attributed and for a higher price.
I have purchased a couple of the Chinese counterfeits over the years to see how good they are. It is scary how much better they have gotten. They will fool novice collectors and maybe even a few seasoned ones as well. That type of purchase is not what I am talking about here.
Just curious how many people actually look for the contemporary counterfeit Morgans and other series. What is the draw for you?