OK, I look at examples like this as opportunities to learn... From one of a group of bad internet sellers and bad holders is this 1886-O Morgan. We found the genuine one sold in a GC auction and the bad one on the Bay. What I was told in another forum by Daniel Carr is the reverse of the "coin" in the bad holder is the WRONG REVERSE for the date! The "type 4" reverse was used 1st well after 1886... The chart is one Daniel provided in the other forum as well as the image of the reverse types. Best, Jack.
At least with the above example, there are differences in the font's and the QR code on the back of the counterfeit is invalid. One of the examples I saw on the other forum shows almost no differences between the holders. There are some scary bad fakes coming in from China.
That's a bit scary - it's a $3000 coin. I don't think I would have picked the coin itself as a fake, and the barcode scans correctly. I'm guessing it's really silver too. Lucky for us they were too cheap to get a real one for the reverse, and used a post-1900 O instead. There must be a bunch of these out there for it to be profitable. Hunt them down and arrest them.
Is it just me or did all that seller's coin listings disappear? Nothing left but magic Tibetan beads and fake jade.