New Inherited.

In reply to the 1923 Peace posted above, here are several examples from the no-no site. Look at the shape of the 3. Completely different.

@debrajc, the Panda cert is legit. http://www.pcgs.com/cert/28347730.

Everybody hates counterfeits, and sometimes I think people on this forum get out the torches and pitchforks way too easily. Why on earth would a counterfeiter "test the waters" on a coin forum filled with experts, and use the same username as their ebay seller id? Nobody is that stupid. If those Peace dollar lots are all fake, somebody please explain how and why they all have different wear, luster, toning, bag marks, fingerprints, sneeze dots, rim damage, crud, etc. Maybe the OP got a bunch of coins and just posted the ones here that they weren't sure about?

I went to the guy's ebay and he has pretty good feedback scores... when I see someone with feedback like his I would usually trust the product he is selling is real.

Now I am wondering if I might have any fakes lurking in my collection that I don't know about...it shakes my confidence a bit.

We all want to learn, and look clever by pointing out the markers of it being fake, but it is a good point that we do ourselves no favours letting the counterfeiters know what they are doing wrong so that they can fix them.

I don't have a great deal of USA coins, and was thinking of expanding that way in the future, but USA coinage is probably the most heavily faked and this is off-putting to new collectors. As time goes on, and with the advent of 3D printing etc I imagine this is going to hurt all of us pretty badly.

He now is selling an 1893 Morgan that has different tarnish marks than the one he" inherited", but same wear. BIN price $275.

It looks a bit off, but not too bad. Not that I've ever cut into a silver coin before, either.

Yea, I don't know what is up with the color inside the damage on the 78 CC. Definitely looks strange.

Man, looking through all of his coins, half of me thinks they are real (or at least most of them). The tarnish looks really believable on some which I, yet to this point, have not found on a modern chinese counterfeit. But the other half of me thinks something is up.

If these do turn out to be a new generation of counterfeits, I am a little worried about this hobby moving forward.

Nothing to poison a hobby better than to flood the market with Chinese fakes. I am worried about buying online. The old time dealers won't be fooled who handle their coins but online buyer might be fooled and possibly cheated. If that happens to beginners a few times they might pick up their ball and go home. I think ebay should step up and try to police there system better. I know that is probably an impossible job. I do remember when ebay was pretty much based entirely on trust before Paypal.

When they fake the coins, the slabs and the grades I don't know if any are safe buying from ebay or other online outfits that have no reputation to guard. Only solution is to stop going to Chinese take-out joints because this is where conspiracy has gone world wide.