A Good Use for Chinese Fakes?

I wasn't aware that counterfeits were collectables. I assumed they are of no value or desire.

 

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If a magnet doesn’t grab, you can be pretty confident the core is likely pot metal.

 

Magnet does not stick. I watched a video on pot metal and what I took from it is pot metal consist of different metals combined together. Is that right? It is heavier?

 

Pretty much. Junk metal would be appropriate

 

Oh by the stars, it depends on what the counterfeit is but they are collectible. I have a counterfeit Confederate Note from the Civil War. I bought it because it was a counterfeit. The value on the note starts at $200 and only goes up from there. It’s the same with coins.
I wouldn’t be concerned about what the metal content is.

 

Send it to rte to have drilled

 

My local coin shop can scan it and tell what the composition is...