1906 Standing Liberty Silver Dollar?

Okay, Roy, I concede, I looked a lot closer.
The only question is why?
To make $10 to $15 on a piece?
The only way that it makes sense is large volume sales, which none of us would do.

 

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Well, in some countries (even still today) that coin circulates as a USD, though I'm not sure if that's the motivation behind counterfeiting it. I think that's a more likely explanation considering where they are often found. Think about how much a USD is worth in some areas of the world.

 

Another way it makes sense is if $10-15 is a week's wages or more.

In undeveloped countries like Afghanastan, buying 100 fake coins for a few bucks each from the high volume counterfeiters, and selling them to gullible tourists for double or more, is a high margin business. The counterfeiters themselves are putting out enough volume to make their profits at very low prices.

Don't forget, since they are breaking no laws in China, they have no need to pay bribes and no fear of being arrested.

 

Average annual wage in Afghanistan is $300 per year or $5.76 a week. A $10 - $15 profit on the sale of a single coin looks pretty good. How would you like it if you had a bunch of easily saleable items, each of which would net three weeks income to you?

 

Roy,you are right about Commie China being the forgery capital of the world.I've seen so many fake British Trade Dollars it makes me sick.Don't forget that it was the Chinese who assisted the North Koreans in forging U.S currency a few years back,which is why the Fed was forced to change the designs of the U.S. banknotes.That's all the more reason why the B.E.P. should stop printing US$1 notes,because they're so easy to forge.

Aidan.