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<p>[QUOTE="CuMadMan, post: 2066851, member: 35522"]Long Story Short: I bought 68 Coins from a market seller, (at a very low price $0.38 per coin) and so far most are fakes!</p><p><br /></p><p>On my recent trip to China I stumbled across a guy who was selling coins at a local market. Now his coins were in a nice holder, and he was the only person selling high end coins that may have been worth anything. Some other people in this market were also selling coins, but worthless things like, 1990 Lincoln Cent, or a 2005 Nickel...</p><p><br /></p><p>But when I opened this folder of coins, I immediately saw a Peace Dollar. Now I am not any expert on coin collecting, maybe I am just a novice, but I asked him how much for the coin. He wanted CNY 5 ($0.81) for the coin. Knowing the coin values, and seeing a Draped Bust coin, I told my girlfriend (who's chinese) to ask him how much for the entire book of 68 coins. He wanted CNY 160 ($25.78) for everything. I immediately took the offer.</p><p><br /></p><p>Upon reaching home I noticed some of these coins were blatant fakes (US Coins so Far)! Silver coins were sticking to magnets, some of the reverse sides were misaligned or positioned the wrong direction, and one coin (Trade Dollar) had a date of 1817.</p><p><br /></p><p>I did however find 4 coins, that I submitted to PCGS to see if they are definitely fake as I couldn't tell from tests and pictures online.</p><p><br /></p><p>The coins I submitted to PCGS were:</p><ol> <li>1799 Draped Bust Dollar</li> <li>1846 Seated Liberty Dollar</li> <li>1922 Peace Dollar</li> <li>1896 Morgan Dollar</li> </ol><p>Considering I bought these coins roughly for $0.38, it's not really a loss but more of a learning experience!</p><p><br /></p><p>Here are the pictures of the coins inside the original book.</p><p><br /></p><p>NOTE: I did discard some of the blatant US Coin fakes in the book before returning to USA. Didn't want to run into any issues with big brother....</p><p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/qTYn19" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/qTYn19" rel="nofollow"><img src="https://farm8.staticflickr.com/7522/16340700652_8ca0224900.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/qRKRLY" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/qRKRLY" rel="nofollow"><img src="https://farm9.staticflickr.com/8578/16315627996_c90f13234e.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/pX3JPy" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/pX3JPy" rel="nofollow"><img src="https://farm9.staticflickr.com/8653/15719147214_8a90985f42.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/qRKRtJ" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/qRKRtJ" rel="nofollow"><img src="https://farm8.staticflickr.com/7470/16315626996_93beabe935.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/qBuw1J" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/qBuw1J" rel="nofollow"><img src="https://farm8.staticflickr.com/7526/16154203890_065f2dfb0b.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/qBC78p" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/qBC78p" rel="nofollow"><img src="https://farm8.staticflickr.com/7544/16155684437_9b20a4624d.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/qU3N9v" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/qU3N9v" rel="nofollow"><img src="https://farm8.staticflickr.com/7526/16341565685_ff00ae7e90.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center"><a href="https://flic.kr/p/qU3MR6" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://flic.kr/p/qU3MR6" rel="nofollow"><img src="https://farm8.staticflickr.com/7563/16341564675_af37bc6dd7.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></p> <p style="text-align: center"><br /></p> <p style="text-align: center">I will keep this thread updated on the other coins, as well as the 4 coins I submitted to PCGS!</p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="CuMadMan, post: 2066851, member: 35522"]Long Story Short: I bought 68 Coins from a market seller, (at a very low price $0.38 per coin) and so far most are fakes! On my recent trip to China I stumbled across a guy who was selling coins at a local market. Now his coins were in a nice holder, and he was the only person selling high end coins that may have been worth anything. Some other people in this market were also selling coins, but worthless things like, 1990 Lincoln Cent, or a 2005 Nickel... But when I opened this folder of coins, I immediately saw a Peace Dollar. Now I am not any expert on coin collecting, maybe I am just a novice, but I asked him how much for the coin. He wanted CNY 5 ($0.81) for the coin. Knowing the coin values, and seeing a Draped Bust coin, I told my girlfriend (who's chinese) to ask him how much for the entire book of 68 coins. He wanted CNY 160 ($25.78) for everything. I immediately took the offer. Upon reaching home I noticed some of these coins were blatant fakes (US Coins so Far)! Silver coins were sticking to magnets, some of the reverse sides were misaligned or positioned the wrong direction, and one coin (Trade Dollar) had a date of 1817. I did however find 4 coins, that I submitted to PCGS to see if they are definitely fake as I couldn't tell from tests and pictures online. The coins I submitted to PCGS were: [LIST=1] [*]1799 Draped Bust Dollar [*]1846 Seated Liberty Dollar [*]1922 Peace Dollar [*]1896 Morgan Dollar [/LIST] Considering I bought these coins roughly for $0.38, it's not really a loss but more of a learning experience! Here are the pictures of the coins inside the original book. NOTE: I did discard some of the blatant US Coin fakes in the book before returning to USA. Didn't want to run into any issues with big brother.... [CENTER] [URL='https://flic.kr/p/qTYn19'][IMG]https://farm8.staticflickr.com/7522/16340700652_8ca0224900.jpg[/IMG][/URL] [URL='https://flic.kr/p/qRKRLY'][IMG]https://farm9.staticflickr.com/8578/16315627996_c90f13234e.jpg[/IMG][/URL] [URL='https://flic.kr/p/pX3JPy'][IMG]https://farm9.staticflickr.com/8653/15719147214_8a90985f42.jpg[/IMG][/URL] [URL='https://flic.kr/p/qRKRtJ'][IMG]https://farm8.staticflickr.com/7470/16315626996_93beabe935.jpg[/IMG][/URL] [URL='https://flic.kr/p/qBuw1J'][IMG]https://farm8.staticflickr.com/7526/16154203890_065f2dfb0b.jpg[/IMG][/URL] [url=https://flic.kr/p/qBC78p][img]https://farm8.staticflickr.com/7544/16155684437_9b20a4624d.jpg[/img][/url] [url=https://flic.kr/p/qU3N9v][img]https://farm8.staticflickr.com/7526/16341565685_ff00ae7e90.jpg[/img][/url] [url=https://flic.kr/p/qU3MR6][img]https://farm8.staticflickr.com/7563/16341564675_af37bc6dd7.jpg[/img][/url] I will keep this thread updated on the other coins, as well as the 4 coins I submitted to PCGS![/CENTER][/QUOTE]
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