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<p>[QUOTE="GDJMSP, post: 285607, member: 112"]There is a law that applies to counterfeits - if a dealer sells you a coin as genuine and it is indeed counterfeit - he has to refund your money, no time limit on returns. But you will have to be able to prove that it is in fact the exact same coin he sold you.</p><p><br /></p><p>As for the best fakes, as mentioned, the gold Omega counterfeits would be at or near the top. Another group would be the 1896, 1900 and 1902 micro O Morgan dollars. Both of these groups of coins were made of genuine gold and silver. The Morgans even contained silver of a higher fineness than the genuine coins. And both groups of these counterfeit coins were so good that they fooled even the experts for decades. Some are still being discovered even today.</p><p><br /></p><p>Then of course you could also consider the fake gold coins of just about every nation that were produced from the '30's thru the '60's. They had entire factories set up in the middle east turning these coins out by the millions. The coins were all made of genuine gold of the correct fineness and weight. The coins were nearly indistinguishable from genuine coins. They were so good that even British goverment was fooled by them. They even handed out the coins to fliers as part of their survival gear during WWII. Those coins also turn up in large numbers even today.</p><p><br /></p><p>As for the worst - take your pick. They number in the millions - tens of millions. And some are so bad that even a novice can detect them.</p><p><br /></p><p>And yes, I have had coin dealers and private individuals try to sell me counterfeit coins. And I would venture that most of the time they didn't even know that the coins were counterfeit. </p><p><br /></p><p>I would hazard a guess that there are nearly as many counterfeits or altered coins held in private collections as there are genuine coins. And I guarantee you that 99% of the owners are either not aware of it or would deny it.</p><p><br /></p><p>One other comment, the value of a coin has little to do with it being counterfeited. Every single coin there that has ever been has been counterfeited - even the cheapest.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 285607, member: 112"]There is a law that applies to counterfeits - if a dealer sells you a coin as genuine and it is indeed counterfeit - he has to refund your money, no time limit on returns. But you will have to be able to prove that it is in fact the exact same coin he sold you. As for the best fakes, as mentioned, the gold Omega counterfeits would be at or near the top. Another group would be the 1896, 1900 and 1902 micro O Morgan dollars. Both of these groups of coins were made of genuine gold and silver. The Morgans even contained silver of a higher fineness than the genuine coins. And both groups of these counterfeit coins were so good that they fooled even the experts for decades. Some are still being discovered even today. Then of course you could also consider the fake gold coins of just about every nation that were produced from the '30's thru the '60's. They had entire factories set up in the middle east turning these coins out by the millions. The coins were all made of genuine gold of the correct fineness and weight. The coins were nearly indistinguishable from genuine coins. They were so good that even British goverment was fooled by them. They even handed out the coins to fliers as part of their survival gear during WWII. Those coins also turn up in large numbers even today. As for the worst - take your pick. They number in the millions - tens of millions. And some are so bad that even a novice can detect them. And yes, I have had coin dealers and private individuals try to sell me counterfeit coins. And I would venture that most of the time they didn't even know that the coins were counterfeit. I would hazard a guess that there are nearly as many counterfeits or altered coins held in private collections as there are genuine coins. And I guarantee you that 99% of the owners are either not aware of it or would deny it. One other comment, the value of a coin has little to do with it being counterfeited. Every single coin there that has ever been has been counterfeited - even the cheapest.[/QUOTE]
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