Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
LOOK WHAT JUST SOLD FOR $1,884.02
>
Reply to Thread
Message:
<p>[QUOTE="Bruce Jonathan Fick, post: 2098171, member: 73845"]Counterfeiting dollar coins has been going on a lot longer than we think.</p><p>My aunt worked as a civilian employee for the Air Force during the 1950s</p><p>and 1960s. She'd send me common date A.U. Morgans she'd pick up from</p><p>local banks in California for my birthday, Christmas etc. I took one to a</p><p>local coin dealer who had 2 just like it. He identified it as a counterfeit.</p><p>It was an American counterfeit of an 1885 Philadelphia Morgan. Can you immagine getting a counterfeit $1 coin from a bank ? The coin didn't </p><p>weigh the proper 27 grams, and looked very dark, as it didn't have much of a Silver content, much less 90 %. His reply to me was that since a</p><p>Silver dollar was a lot of money in 1960, it was worthwhile for American</p><p>counterfeiters to fabricate them. The Chinese have made great strides</p><p>in targeting rare Morgan dollars to counterfeit. They've wised up to</p><p>making them the correct weight ( the Mints used sensitive postal scales )</p><p>and using nearly the exact amount of Silver. Since they're as motivated</p><p>as monks of the middle ages were to hand copy Bibles before the printing</p><p>press was invented, it represents a big score for these forger Fraudsters</p><p>per coin if they succeed. Think of how much .9999 fine Canadian Mint</p><p>Maple Leaf Gold coins they can buy with U.S. dollars from their scams.[/QUOTE]</p><p><br /></p>
[QUOTE="Bruce Jonathan Fick, post: 2098171, member: 73845"]Counterfeiting dollar coins has been going on a lot longer than we think. My aunt worked as a civilian employee for the Air Force during the 1950s and 1960s. She'd send me common date A.U. Morgans she'd pick up from local banks in California for my birthday, Christmas etc. I took one to a local coin dealer who had 2 just like it. He identified it as a counterfeit. It was an American counterfeit of an 1885 Philadelphia Morgan. Can you immagine getting a counterfeit $1 coin from a bank ? The coin didn't weigh the proper 27 grams, and looked very dark, as it didn't have much of a Silver content, much less 90 %. His reply to me was that since a Silver dollar was a lot of money in 1960, it was worthwhile for American counterfeiters to fabricate them. The Chinese have made great strides in targeting rare Morgan dollars to counterfeit. They've wised up to making them the correct weight ( the Mints used sensitive postal scales ) and using nearly the exact amount of Silver. Since they're as motivated as monks of the middle ages were to hand copy Bibles before the printing press was invented, it represents a big score for these forger Fraudsters per coin if they succeed. Think of how much .9999 fine Canadian Mint Maple Leaf Gold coins they can buy with U.S. dollars from their scams.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
LOOK WHAT JUST SOLD FOR $1,884.02
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...