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Why would anyone counterfeit this?

I just found this Silver Eagle listed on eBay and was wondering why anyone would make a counterfeit Silver Eagle. 1900 Silver Eagle

Comments

  • MrEurekaMrEureka Posts: 24,332 ✭✭✭✭✭
    I'll bet you that it's REALLY SMALL!!!

    Edited to say that I was wrong. I asked the seller and it's the right size.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • CoulportCoulport Posts: 1,087 ✭✭✭
    Would you believe that someone in the upper midwest actually counterfeited Jefferson nickels?
    The most money I made are on coins I haven't sold.

    Got quoins?
  • I knew a guy who faked a whole lot of quarters, spent a little over 4 grand before someone told him hey had a fake one. Truth is, at 7-11, if it looks like nickel, quarter, silver dollar, it's spent like it. Easy money saved.
  • morganbarbermorganbarber Posts: 1,821 ✭✭✭
    I don't want to split hairs, but I'm sure that that is an altered date, and not a true conterfeit. The perpetator was probably just doing it for kicks, and since there could be no 1900 SAE, no harm done.
    I collect circulated U.S. silver
  • PeetiePeetie Posts: 627 ✭✭
    Perhaps someone changed the date to get $35.00 out of a counterfiet on ebay as opposed to 10 bucks for the original. I am not accusing anyone, just my first thought.
  • Conder101Conder101 Posts: 10,536
    I think you will find that it is NOT just an altered date. I suspect it is not silver either. there has been someone from Singapore selling these fakes on eBay with dates of 1900 and 1906 that I have seen so far. He has also been selling obvious fake trade dollars.
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    these are common as popcorn. i actually own a few, you can get 'em < $2.

    K S
  • I've seen several of these in person.

    It's not an altered date, but rather it's a cast counterfeit (and not a very good one either). The piece isn't silver and doesn't even look at it. I mean, think about it, NTC wouldn't slab it. image

    It ranks up there with the cast 1929 Peace Dollar that I've seen.

    Charlie image
    There's nothing in the rule book that says an elephant can't pitch.

    image
  • Condor101, you're correct. I've seen 1906 coins at overseas fleamarkets. Haven't seen the 1900. Most are made in China and simply sold to unsuspecting buyers.
    It's the "hunt" that makes this such a great hobby...
  • I don't know why they made it, but it is obviously a fake. image
    Glenn

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