Know Anything About Counterfeit Coins?.........

Discussion in 'US Coins Forum' started by Islander80-83, Jan 15, 2020.

  1. Islander80-83

    Islander80-83 Well-Known Member

    ................I don't. I picked this up at a LCS junk bin for a $1.00

    It doesn't sound or feel like a dime or silver. It has a dull pewter sound. Why counterfeit these? Was it financially equitable back in 1897? Maybe?

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  3. Clawcoins

    Clawcoins Damaging Coins Daily

    .... I don't know if that one particular one is counterfeit.

    But if you search those chinese websites .. right now you can get a 1897 PCGS MS64BN (yes, in a fake PCGS slab), plus many other years ... all fake. I'd guess it must be profitable for them at some level (low labor, raw material, etc costs).
     
    Last edited: Jan 15, 2020
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  4. Treashunt

    Treashunt The Other Frank

    yes, a contemporary counterfeit

    and a nice one
     
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  5. -jeffB

    -jeffB Greshams LEO Supporter

    Was it worthwhile to counterfeit a dime out of base metal in the late 1800s? Probably. Average wages for skilled workers at that time were a few dollars a day. Ten cents was enough for a good meal.
     
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  6. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I too believe that is a cool contemporary counterfeit. I believe @JCro57 was searching for contemporary counterfeit examples to illustrate a publication he was doing not long ago.
     
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  7. Islander80-83

    Islander80-83 Well-Known Member

  8. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Not really a specific date range: usually, I use the term "contemporary counterfeit" for fakes made during the production of the coin, or while that coin was circulating. These were intended to pass as legitimate coins in commerce, not to fool collectors.
     
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  9. Islander80-83

    Islander80-83 Well-Known Member

    Brilliant! Thank you for that detailed explanation!
     
  10. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    As stated above, this is a contemporary counterfeit. These were commonly cast (I’ve seen a mould for an 1854 (?) dime before), as your specimen is.

    Cool find! I pick up such coins when I come across them
     
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  11. Mainebill

    Mainebill Bethany Danielle

    Cast contemporary counterfeit. I like these. Some are very good some rather crude. My favorite is struck counterfeits made from homemade dies. Some are pretty crude some really convincing
     
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  12. Islander80-83

    Islander80-83 Well-Known Member

    Gents- If submitted how would it come back, counterfeit or bagged?..... or do I have to designate attribution?
     
  13. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    ICG would be the only one to slab it for what it is
     
  14. Mainebill

    Mainebill Bethany Danielle

    Wouldn’t be worth sending in either. Enjoy it raw
     
  15. Tonkawa Bill

    Tonkawa Bill Member

    I bought a quarter back when msn had a coin auction, was advertised as a counterfeite.. VERY heavy and metal is soft. suspect is lead. looks nice
     
    Islander80-83 likes this.
  16. Islander80-83

    Islander80-83 Well-Known Member

    Yes, might be lead.
     
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