I walked into this junk shop the other day...
sumnom
Posts: 5,963 ✭✭✭
and asked if they had any cash coins. Indeed they did. The guy offered me a whole string of them for the equivalent of 45 bucks. I pawed through them and saw a bunch of Chinese stuff ranging from the Wang Mang interregnum to the early Qing. I considered it for a moment until it occurred to me that every coin on the string had the exact same patina.
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I always thought faking a coin worth less than at least a couple of hundred bucks is a stupid thing to do.
First DAMMIT BOY! 25/9/05 (Finally!)
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I guess there must be some sort of profit in it else they wouldn't be making them by the millions.
<< <i>I always thought faking a coin worth less than at least a couple of hundred bucks is a stupid thing to do. >>
Most if not all of the fakes are coming from China and remember in China a days labor can still be had for a couple dollars. In the day you laborer can turn out probably several hundred fakes. Even if they are one dollar fakes your labor cost is only 1%. Then consider this, which is more likely to be successfully passed without close scrutiny a $10 coin or a $200 coin? Also as the "value" of the fake increases so does both the scrutiny increases and the collector pool of potential buyers decreases.