Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
noob q is this counterfeit
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 411723, member: 112"]No, I am not referring to a rare coin at all, I am referring to the most common of all coins. The most obvious reason to counterfeit any coin is to use it in commerce - so you can spend it. And the reason is for the profit to be made by doing so.</p><p><br /></p><p>From the dawn of time, the very first coins ever made, they have always been worth less in metal content than the face value. And yes that especially includes gold and silver coins, let alone modern clad coinage. Only in the last few years has the price of copper and nickel exceeded that of the face value of the coins. </p><p><br /></p><p>If you can make a quarter for 6 cents and spend it for 25 cents, that is my idea of profit. It only goes up with the larger denominations. In days past there was even money to be made by making counterfeit cents. All so you could spend them.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 411723, member: 112"]No, I am not referring to a rare coin at all, I am referring to the most common of all coins. The most obvious reason to counterfeit any coin is to use it in commerce - so you can spend it. And the reason is for the profit to be made by doing so. From the dawn of time, the very first coins ever made, they have always been worth less in metal content than the face value. And yes that especially includes gold and silver coins, let alone modern clad coinage. Only in the last few years has the price of copper and nickel exceeded that of the face value of the coins. If you can make a quarter for 6 cents and spend it for 25 cents, that is my idea of profit. It only goes up with the larger denominations. In days past there was even money to be made by making counterfeit cents. All so you could spend them.[/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
>
CoinTalk
>
What's it Worth
>
noob q is this counterfeit
>
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...