Jersey, I'm not really sure if you're talking about in general, or specifically about coins, but if you're going to define something in your own words, I really would talk about it as a whole.
Anyways, a fake or a "modern counterfeit" is supposed to deceive collectors? If you are talking about in general, you are incorrect. If my girlfriend buys a purse from China, and it's a name brand item, and it ends up being a fake, that means it was meant to deceive collectors? More like fool people who are interested in these types of brands. I think it's intended to fool a large majority.