| Author |
Replies: 17 / Views: 7,943 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
4212 Posts |
A gas station around here got an entire roll.
|
|
Moderator
 United States
15475 Posts |
Fisrt of seen of these ... thanks for sharing.  David
Take a look at my other hobby ... http://www.jk-dk.art
|
|
New Member
United States
5 Posts |
From the internet. Against the law? 
|
|
Bedrock of the Community
United States
36839 Posts |
That will easily fool most of the population. Not a great counterfeit but good enough to fool a cashier at a Mini-Mart.
|
|
Pillar of the Community
979 Posts |
fioti so a gas station got an entire roll of fake quarters? where they MW or CW?
|
|
Pillar of the Community
United States
1812 Posts |
If I received one in change, I would take the 25ยข loss and use it as a conversation piece, besides, it must cost more than a quarter to make one.
|
|
Valued Member
United States
164 Posts |
a 100$ coin, O.K., but a 25 Cents piece?
|
|
Valued Member
United States
366 Posts |
Hard to believe anyone would go to all the effort to counterfeit a 1982 quarter.
|
|
Pillar of the Community
United States
3640 Posts |
Is it just magnetic or is it actually a magnet. Like the one in the ad pic. ( Magicians coin etc.) Try it out on some gold/silver plated jewlery. Worth it if it can detect. Some of these smaller earth magnets sell for $15.00 ea. Could be useful if you buy/sell gold/silver etc.
|
|
Bedrock of the Community
United States
17884 Posts |
An obvious fake, I've seen that one before. Quote: besides, it must cost more than a quarter to make one. To make ONE yes, but if you make say 100K of them? Say the blank costs you a nickel and the dies $200. If you make one it cost you $200.05, make 10 they cost $20.05 each, make 100 they're $2.05 each. make 1,000 they cost 25 cents each. Make ten thousand they cost 7 cents each, and 100K would cost 5.2 cents each. 10K, that is only two and a half bags, probably not too difficult to get rid of, and represents a profit of $1,800. 100K means a profit of $18,000 but it is going to take quite a while to slowly move out 25 bags of quarters.
|
|
Pillar of the Community
United States
3592 Posts |
Quote: Hard to believe anyone would go to all the effort to counterfeit a 1982 quarter Look up Henning Nickel once.
|
|
Valued Member
357 Posts |
Why would anyone want to make a fake quarter? 
|
|
Pillar of the Community
United States
1389 Posts |
Nobody ever said people that don't like CCF criminals/counterfiters were smart  
|
|
Bedrock of the Community
United States
17884 Posts |
Quote: Why would anyone want to make a fake quarter? See my last post. Once you have the equipment you can strike off 10K quarters ($1,800 profit) in about 3 hours. That's $600 an hour. Fairly decent wages. Do two 3 hour runs a month and that's a $43,200 annual income (with no taxes taken out.) The key is to not get greedy. Keep production runs short and just use the extra to supplement your income and to provide it and you are a lot less likely to get caught.
|
|
Pillar of the Community
United States
3640 Posts |
I still think that it is just a legitimate novelty item.
|
|
Page 2 of 2
|
Replies: 17 / Views: 7,943 |
Page 2 of 2
|