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 Replies: 19 / Views: 2,913 |
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Rest in Peace
United States
5375 Posts |
I'd like to see pics, just to make sure.
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New Member
 United States
2 Posts |
Edited by chrisDX
02/27/2011 03:08 am
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Rest in Peace
United States
9104 Posts |
Unlax. The likelihood that anyone would use good silver to make a fake common dollar is between slim and none.
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Bedrock of the Community
United States
17884 Posts |
Quote:
Unlax. The likelihood that anyone would use good silver to make a fake common dollar is between slim and none. That would be true today, but it wasn't true back in the 1890's to 1940's when the silver value in a silver dollar was much less than the face value. Good silver made it much less likely the fakes would be detected and the counterfeiters made their money on the difference between the metal value of the coin and the face value. In the 1930's the silver in a silver dollar was only worth about 20 cents so why not use it? |
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Pillar of the Community
United States
3184 Posts |
The chinese are making better and better fakes of our coins.........soon everyone of us will be weighing our coins just to make sure that none are fake! Remember if its too good to be true, it probably is, also don't buy anything on ebay from a person in China :D |
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Pillar of the Community
United States
3184 Posts |
Oh by the way, I believe there is a little device made that you place a morgan and peace on and if it levels the device, its suppose to be real and if it doesn't level, its fake. Forgot the name.........but its fairly new and some dealers are using it on gold coins.
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Pillar of the Community
United States
3076 Posts |
does the device have a name? photo's?
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New Member
United States
2 Posts |
Have we figiured out the name of this device yet?! I really wanna know!
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Pillar of the Community
United States
3184 Posts |
main reason I won't even touch morgans or peace. Too many fakes being made by the chinese that weigh close to the real thing and look very close.
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Pillar of the Community
United States
737 Posts |
I think this is the device you guys are talking about. This one is for gold but they have one for silver dollars as well. The video shows how it works. http://www.fisch.co.za/home.htm |
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Valued Member
United States
361 Posts |
It's getting so you can't even trust the slabs anymore. I predict this will be the downfall of our hobby. I know that sounds extreme but when the average collector is afraid to buy a Morgan-as stated above-it is the beginning of the end.
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Bedrock of the Community
Australia
21788 Posts |
Has any research been done to prepare a graph or table that compares weight Vs. condition?
Perhaps this type of information could be a useful tool in the identification of fakes.
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Pillar of the Community
United States
3592 Posts |
sel_691 we had talked about that on another thread but decided it was almost impossible because of tolerance allowances and the fact that no two coins wear exactly the same. Weight can help in determining autheticity, but it can't be the relied upon as the only factor.
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Valued Member
United States
426 Posts |
Quote:
It's getting so you can't even trust the slabs anymore. I predict this will be the downfall of our hobby. I know that sounds extreme but when the average collector is afraid to buy a Morgan-as stated above-it is the beginning of the end numismaniacYeah, I feel the same way. What worries me is when the quality of these fakes is getting better and better. |
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Pillar of the Community
United States
1554 Posts |
I would suspect that most fakes are sold on ebay...My suggestion is to learn Morgan and Peace details very well. Also get to know a couple of reputable sellers at your local coin show or a reputable coin shop. This way you will be able to have a leverage if you suspect a fake. I have never bought off ebay and probably never will, too much of a risk for me personally. I don't think Chinese fakes will be the downfall of this hobby. Although uneducated buyers are getting burned I'm sure, and maybe a few educated buyers also but that is why I say to get to know a few sellers personally, less of a chance.... |
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Posted 02/26/2011 10:17 pm
