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<p>[QUOTE="Conder101, post: 547283, member: 66"]Sure it would. Yes, silver was a little higher but it was still around 50 to 60 cents an oz so a silver dollar had 38 to 46 cents worth of silver in it. Plenty of margin for profit. Even if you only made a 30 cent profit per coin, 30 cents had significant purchasing power even during that period. And the press can very quickly crank out a LOT of those 30 cent profits. Even with a relatively slow press you could strike 1000 of them in less than an hour, and your profit would equal an average working mans salary for six to twelve months.</p><p><br /></p><p>And the reason I say they were turn of the century is because back shortly befor PCGS finally decided they were fake , I believe it was Ken Potter who turned up a newspaper article from around 1902 to 1904 that warned of quantities good quality counterfeit dollars made of good silver turning up and it mentions a couple of different dates. But it said that one of the key identifying features was that they had a O mintmark made from "<b>a lower case O</b>". That really sounds like the Micro O fakes.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 547283, member: 66"]Sure it would. Yes, silver was a little higher but it was still around 50 to 60 cents an oz so a silver dollar had 38 to 46 cents worth of silver in it. Plenty of margin for profit. Even if you only made a 30 cent profit per coin, 30 cents had significant purchasing power even during that period. And the press can very quickly crank out a LOT of those 30 cent profits. Even with a relatively slow press you could strike 1000 of them in less than an hour, and your profit would equal an average working mans salary for six to twelve months. And the reason I say they were turn of the century is because back shortly befor PCGS finally decided they were fake , I believe it was Ken Potter who turned up a newspaper article from around 1902 to 1904 that warned of quantities good quality counterfeit dollars made of good silver turning up and it mentions a couple of different dates. But it said that one of the key identifying features was that they had a O mintmark made from "[b]a lower case O[/b]". That really sounds like the Micro O fakes.[/QUOTE]
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