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Bunch of counterfeit coins showing up in Port Angeles WA

mkman123mkman123 Posts: 6,849 ✭✭✭✭
http://www.peninsuladailynews.com/article/20110210/news/302109985/counterfeit-collector-coins-from-china-show-up-in-port-angeles

Fake morgans and IHCs!!! These fakes are detrimental to the hobby! Another reason why I just buy 90% halves, quarters, and dimes......I don't want to take a risk and pick up counterfeit morgans and other coins the chinese are faking by the thousands! Its going to get to the point were there are more fakes than real!!
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Comments

  • CaptHenwayCaptHenway Posts: 32,780 ✭✭✭✭✭
    There's already a thread.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    ooops.! Thanks Captn
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  • ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    how long do you believe you have before china starts making 90% dimes quarters and halves ? what is even more detrimental to the hobby is people not being able to tell the fakes from the real ones.
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    ebaybuyer, you know, I believe if silver continues to hold at this price (30ish) and go higher, the Chinese will start faking the halves, quarters, and dimes. As I type, they might even be faking them now!

    If someone could find a way to detect fakes easier that would be great, kind of like a cheat sheet. I don't know anything about morgans so I would be easily duped by the chinese fakes. For halves, quarters, and dimes, I hope that I can spot a fake from amongst a group of real ones but who knows. As the Chinese make better and better counterfeits we all may have to start carrying scales or whatever gadget that can help us in figuring out fake from real.
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  • johnny9434johnny9434 Posts: 29,282 ✭✭✭✭✭
    I saw a picture of that earlier somewhere. they even looked fake. i think there was an 1889 cc in there as well. shrugs
  • llafoellafoe Posts: 7,220 ✭✭


    << <i>ebaybuyer, you know, I believe if silver continues to hold at this price (30ish) and go higher, the Chinese will start faking the halves, quarters, and dimes. As I type, they might even be faking them now!

    If someone could find a way to detect fakes easier that would be great, kind of like a cheat sheet. I don't know anything about morgans so I would be easily duped by the chinese fakes. For halves, quarters, and dimes, I hope that I can spot a fake from amongst a group of real ones but who knows. As the Chinese make better and better counterfeits we all may have to start carrying scales or whatever gadget that can help us in figuring out fake from real. >>



    "The real ones have a high-pitched ring when they're dropped. The counterfeits land with a thud." Silver coins definitely have a distinctive sound.
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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    llafoe, what do you do about fake ones in fake slabs? That can be trickier I believe. I think a while back there were some dealers who even bought fake coins in fake slabs

    I know that silver has a distinct ring but imagine buying like 500 mercury dimes.......... dropping each and everyone of them would be annoying if it got to the point that the chinese are faking dimes.
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