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<p>[QUOTE=&quot;beef1020, post: 1652278, member: 24544&quot;]For the specific coin you mentioned, I would not buy it.</p><p><br /></p><p>With that said, fake coins are not worthless.&nbsp; There are multiple counterfeit early coppers which are highly collectable and bring strong 5 figure prices when offered for sale, 1848 small date, 1793 smith type, etc.&nbsp; They are contemporary forgeries and have been collected in their own right for over a hundred years.&nbsp; </p><p><br /></p><p>Then there are electrotype and cast copies of of early large cents and half cents which, if well done, do bring premiums.&nbsp; I have seen multiple electrotype fakes of half cent proofs bring around $100 each.&nbsp; I have seen wreath cent cast copies bring close to $300.&nbsp; These were coins sold by knowledgeable dealers to knowledgeable buyers, no one was being ripped off.&nbsp; Basically, there is a market for well done copies of high value coins, I presume bought by collectors to fill a hole for a coin they do not have the means to fill.&nbsp; Think 1796 no pole half cent, high grade 1793 chain/wreath/liberty cap cents, etc.</p><p><br /></p><p>To the OP, like I said to start the answer to the specific question you asked is do not buy that coin.&nbsp; To the bigger question of is there a market for collecting known fakes/forgeries?&nbsp; Yes there is.[/QUOTE]</p><p><br /></p>

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