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A Welcome change-American Eagle design changes
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<p>[QUOTE="GDJMSP, post: 3788224, member: 112"]Yeah, a lot of folks think that but it's not true. Making them is a whole lot easier and so is passing them. So it can actually be more profitable.</p><p><br /></p><p>Think about it for a minute. Two ways to make them, use a coin press or casting molds - both can turn out a lot of coins in a very short time and at a very low cost. And if counterfeit coins, bullion or regular coins are passed - nobody even gives them a second look, nobody ever checks them. And there is no way to check them unless one knows the die diagnostics. So volume and ease of passage makes up for low denomination.</p><p><br /></p><p>And if counterfeit coins are being made for collectors, the value of a single coin far surpasses the largest denomination bill there is - while cost is still very low on a relative basis.</p><p><br /></p><p>With counterfeit bills, checking them is easy and fast with one of the special marking pens. But typically only high denomination bills are ever checked. Which is why the $1 bill is the one most often counterfeited - because nobody ever gives them a 2nd look. But they still have to be made of the right "paper" because people do notice how they feel - and getting the right "paper" makes it more difficult and costly.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3788224, member: 112"]Yeah, a lot of folks think that but it's not true. Making them is a whole lot easier and so is passing them. So it can actually be more profitable. Think about it for a minute. Two ways to make them, use a coin press or casting molds - both can turn out a lot of coins in a very short time and at a very low cost. And if counterfeit coins, bullion or regular coins are passed - nobody even gives them a second look, nobody ever checks them. And there is no way to check them unless one knows the die diagnostics. So volume and ease of passage makes up for low denomination. And if counterfeit coins are being made for collectors, the value of a single coin far surpasses the largest denomination bill there is - while cost is still very low on a relative basis. With counterfeit bills, checking them is easy and fast with one of the special marking pens. But typically only high denomination bills are ever checked. Which is why the $1 bill is the one most often counterfeited - because nobody ever gives them a 2nd look. But they still have to be made of the right "paper" because people do notice how they feel - and getting the right "paper" makes it more difficult and costly.[/QUOTE]
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