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<p>[QUOTE="RedTiger, post: 738430, member: 19098"]Lots of fakes out there. Most are crude fakes made from pot metal and sold to tourists. Some are up a level and die struck from silver planchets but the dies are wrong, or mismatched and an observant person can spot them. At the high end, they get close to the real thing and would fool most collectors, and many dealers. Buying slabbed is not a defense, because they are also faking the plastic. It is a scary world out there. The early fake slabs have obvious defects. Those defects are relatively easy to correct, so I am thinking that the current production run of fake slabs will be near perfect in visual appearance.</p><p><br /></p><p>Best to buy from reputable long time dealers, who will stand behind their coins if they do turn out to be fakes. And even they may get fooled on occasion, but will make it good.</p><p><br /></p><p>There is a long and growing list of coins that I will not buy from anonymous online sellers, slabbed or raw, because the fake coins and fake slabs are getting so good. Most all the key date and better date Morgan dollars are on that list.</p><p><br /></p><p>Be careful out there. A little education will help against the crude fakes and the medium level fakes. Against the best quality fakes, only maybe the top 5% of collectors in terms of expertise will stand a decent chance.[/QUOTE]</p><p><br /></p>
[QUOTE="RedTiger, post: 738430, member: 19098"]Lots of fakes out there. Most are crude fakes made from pot metal and sold to tourists. Some are up a level and die struck from silver planchets but the dies are wrong, or mismatched and an observant person can spot them. At the high end, they get close to the real thing and would fool most collectors, and many dealers. Buying slabbed is not a defense, because they are also faking the plastic. It is a scary world out there. The early fake slabs have obvious defects. Those defects are relatively easy to correct, so I am thinking that the current production run of fake slabs will be near perfect in visual appearance. Best to buy from reputable long time dealers, who will stand behind their coins if they do turn out to be fakes. And even they may get fooled on occasion, but will make it good. There is a long and growing list of coins that I will not buy from anonymous online sellers, slabbed or raw, because the fake coins and fake slabs are getting so good. Most all the key date and better date Morgan dollars are on that list. Be careful out there. A little education will help against the crude fakes and the medium level fakes. Against the best quality fakes, only maybe the top 5% of collectors in terms of expertise will stand a decent chance.[/QUOTE]
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