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<p>[QUOTE=&quot;JPD3, post: 8291358, member: 116216&quot;]Counterfeit coins have been made since ancient times. As a young collector in 1966 a Chinese guy gave me a handful of old looking Chinese coins with the square holes in them. He told me right off they were fake, but people carried them as good luck tokens.</p><p>From Coin Update, 10/26/17:</p><p>&quot;Mr. L—’s coin presses were at one time in operation at a U.S. mint, and in the early 1900s were sent to the mint in Shanghai, China. In the mid-1950s the presses and ancillary equipment, being obsolete for China’s modern coining needs, were sold off as scrap and ended up in the counterfeiters’ shops of Fujian. In short, Mr. L—’s <i>counterfeit coins are struck on original U.S. Mint coin presses and at the identical strike pressures as the original coins</i>.&quot;[/QUOTE]</p><p><br /></p>

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