Fake Walker Half Dollar

Very cool find, looks like a counterfeit to me. I wouldn't say it's worthless because there are people that collect them. Price wise, I have no idea what it's worth, but I would guess it's worth more than 50 cents.

i remeber the chinese conterfit the seated lib dollar before the 1900's in lead.

I would also say that it is a counterfeit

After a little research, the material made this coin must be lead based alloy. I would guess lead + zinc becuase of their prices.

see following link for more about counterfeits: http://rg.ancients.info/guide/counterfeits.html

Yes, weight is sure a deadly give-away. I bought an AMW-100 pocket balance for less than $20 to weigh coins whenever I had a suspicion. I witnessed at a coin show about a fake dollar coin which just weighed about 21 gram (if it's real, it should be around 26g).

From my limited experience(two coins I saw in person)lead based coins have a very dull color compared to silver coins. But I would always weigh the coin. Once I found a 1964 half which was so dirty and covered with stuff. But the weight was 12.5g. Ha-ha!

Here's my stab at your question.

1. Yes, it was a lot of money. Silver dollars were rare in circulation, so the Half Dollar was the highest denomination that circulated. I imagine it bought a lot back then.

2. If you're counterfeiting so that you can pass off the coins in circulation, you are going to use a very common date that will not arouse suspicion. Why would you counterfeit a whole bunch of 1938-D's? Even though they're worth a lot more from a numismatic standpoint, how are you going to get rid of a bunch of them? You can't walk into a coin shop and offer to sell 40 key-date 1938-D's to the coin dealer.

3. These counterfeits could have been made anywhere in the world. If you're in Europe doing this, the date isn't important to you at all.

Looks cast to me

Wow, that is lamost cooler than finding a real 1945 walker. I would keep that, just document it well for posterity lol.