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 Replies: 34 / Views: 9,627 |
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Pillar of the Community
United States
589 Posts |
Hi Everyone, I stopped by my bank and did a coin dump in the machine. And as practice when I am done I lift the feeder carriage and swipe my hand quickly across the magnet underneath. Usually I find foreign coins only but today I received 2 JFk half Dollars and 3 Jefferson nickels.? I know that US coins are Non-Magnetic so this peeked my interest. When I drop them on a table I hear a thud and not the usual metallic sound. Any thoughts on this? Why go through the trouble to make fake coinage? When I get home tonight I will upload pics. ST *** Moved by Staff to a more appropriate forum. *** |
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Bedrock of the Community
United States
94367 Posts |
H-m-m. Sounds curious.  |
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Rest in Peace
United States
1943 Posts |
My first guess is they were plated with something magnetic.
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Pillar of the Community
United States
937 Posts |
the website that shall not be mentioned has dealers selling 'knock off' 1958 Cents. If that is profitable to them I can only expect Jefferson nickels would be profitable too. |
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Pillar of the Community
United States
4932 Posts |
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Rest in Peace
United States
7075 Posts |
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Pillar of the Community
United States
5195 Posts |
Magicians coins.
Check the obverse / reverse orientation.
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Pillar of the Community
United States
624 Posts |
Good Call Jeckel, My college roommate was a magician and he had a magnetic ring to pick up custom coins, as well as trick folding quarters made out of real US coins. Possible. |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Why go through the trouble to make fake coinage? Possibly because if done in quantity and done properly it can be profitable. There was an article in Coin World oh about a year ago where it was revealed that for several years now the Chinese have been making fake Kennedy halves, deliberately damaging them and then sending them to the mint/Treasury for redemption as mutilated US coinage. According to the article they have actually redeemed more fake half dollars than the US mint has MADE since 1971. |
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Pillar of the Community
 United States
589 Posts |
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Pillar of the Community
United States
589 Posts |
Ok the pics are above. Still trying to get used to uploading pics. Only the 1980 jfk half has the obverse and reverse with the same orientation.
Question is what to do with them.
Edited by SilverTracker
09/06/2015 12:02 am
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Pillar of the Community
United States
5195 Posts |
The nickels are definitely fakes.
I am still goign with magicians coins for the halves.
Is the obverse / reverse orientation 180 degrees?
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Pillar of the Community
United States
589 Posts |
The 1980 half is exactly the same when you turn the coin over, no 180 rotation at all. One of the nickels has a 90 degree rotation but the others are normal rotations.
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Rest in Peace
United States
18456 Posts |
 This whole thing with fakes and scams is really starting to get me disgusted . I really feel sorry for our future collectors. I'm not talking about in a year or 3 years from now ,but 15, 20 years down the road, what in the HECK is it going to be like for them.  |
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Pillar of the Community
United States
1601 Posts |
Honestly, the more unique fakes/counterfeits that are produced the better for the future coin counters. They will have an active sub-specialty sub-forum, rivaling Errors and Varieties. Jbuck III will have a counterfeit Ike dollar avatar that's as close to Eisenhower's bust as those angry Jeffersons in the photos are to the real thing. I'm not too worried, I just wish I'd be around to see how it all pans out [a little PM allusion, there  ]. |
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Pillar of the Community
United States
757 Posts |
I want one of those nickels.
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Replies: 34 / Views: 9,627 |
Posted 09/04/2015 4:49 pm
