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Years after new laws and ebay policies, Fake Morgans still flooding ebay
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<p>[QUOTE="RobertcStevens002, post: 2594167, member: 83960"]Been on ebay lately? It doesn't take much hunting to find fake Morgan dollars from China, by the hundreds. Here's my story:</p><p><br /></p><p>I am new to collecting coins and paper currency, so I thought I was playing it safe by sticking with "domestic US coins". When I saw these silver dollars going for a fraction of the normal price, I jumped at the chance. After about five purchases, I started worrying. After all, my parents told me "if it seems too good to be true, it probably is". So I did my research. China has been making this junk since 2006 and they're really good at it. When I got the coins, I weighed them, did the magnet and ice tests, and compared them to real Morgan dollars. Every test passed. Then I struck them together and they made a nice pretty ringing sound. But I wasn't convinced. I found some software that listened to the ringing sound and the coins all failed every single time. Ebay was quick to issue me a full refund on the coins and the seller was unreachable.</p><p><br /></p><p>But some questions remain: Why were all the fakes going for so cheap and not closer to the average price? Why isn't the new counterfeiting law or ebay policy update even remotely effective? Should I destroy the fakes since ebay does not require me to return them to the seller? </p><p><br /></p><p>Thanks in advance, y'all![/QUOTE]</p><p><br /></p>
[QUOTE="RobertcStevens002, post: 2594167, member: 83960"]Been on ebay lately? It doesn't take much hunting to find fake Morgan dollars from China, by the hundreds. Here's my story: I am new to collecting coins and paper currency, so I thought I was playing it safe by sticking with "domestic US coins". When I saw these silver dollars going for a fraction of the normal price, I jumped at the chance. After about five purchases, I started worrying. After all, my parents told me "if it seems too good to be true, it probably is". So I did my research. China has been making this junk since 2006 and they're really good at it. When I got the coins, I weighed them, did the magnet and ice tests, and compared them to real Morgan dollars. Every test passed. Then I struck them together and they made a nice pretty ringing sound. But I wasn't convinced. I found some software that listened to the ringing sound and the coins all failed every single time. Ebay was quick to issue me a full refund on the coins and the seller was unreachable. But some questions remain: Why were all the fakes going for so cheap and not closer to the average price? Why isn't the new counterfeiting law or ebay policy update even remotely effective? Should I destroy the fakes since ebay does not require me to return them to the seller? Thanks in advance, y'all![/QUOTE]
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Years after new laws and ebay policies, Fake Morgans still flooding ebay
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