Counterfeit/Fake Trade Dollar - Page 2

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Author	Replies: 20 / Views: 10,185	Page: of 2

Mistabia New Member Germany 2 Posts	Posted 02/18/2008 01:39 am what fantasy coins would be that? Report this Post to the Staff
Amazon99 Pillar of the Community United States 2443 Posts	Posted 02/19/2008 02:12 am I wonder if anyone has ever bought a Trade dollar as a replica only to find out it was real. That would be pretty sweet. Report this Post to the Staff
johnny54321 Rest in Peace United States 4849 Posts	Posted 03/19/2008 12:48 am Gene Carr. I have an 1855 $3 Indian Princess coin that I originally bought in a pendant. I believe it was cleaned at one point, but it looks so good as far as details go, I question its authenticity. I dont have a fine tuned scale to measure the weight. Are there any give aways for the fake $3 coins? Do you have pics? thanks, John Report this Post to the Staff
Robberbaron Valued Member United States 66 Posts	Posted 03/19/2008 3:06 pm When I started collecting I got a fake Trade dollar. it was a Mexican silver coin that was re-stamped. I had no business buying a coin I knew nothing about. I knew the dealer and he mainly dealt in bulk silver so he had little knowledge more then it was definitely silver. I told him I will buy it from him and he is an ANA member ect and a all around good guy so I was pretty confident. I looked at it when I got home and figured it was fake. I took it back to him and said I was sure it was fake. I made him and offer that if he sent it to get graded and it was fake he would refund my money and if it was real I would buy it at the agreed price. He sent it out and sure enough pcgs sent it back with a full explanation. no hard feelings and we still do business its so good to be able to work with stand up dealers. But one again I learned my lesson. Report this Post to the Staff
Jaobler Pillar of the Community United States 6389 Posts	Posted 03/19/2008 3:40 pm There is an interesting thread on the World Coins forum that started with my 1805 Bolivia Pillar Dollar. Forum poster Swamperbob (expert on Mexican counterfeit silver coins) described how falling silver prices in the late 1800s made it possible to produce replica coins with full silver content that cost less than face value to manufacture. Merchants used these coins in the China trade and made substantial profits. The Chinese only cared that the coins had the right amount of silver so they were happy. Swamperbob says my coin is one of those period counterfeits and is actually slightly more valuable than a genuine coin! What a world! Report this Post to the Staff
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