| Author |
 Replies: 12 / Views: 2,954 |
|
|
Pillar of the Community
 United States
6514 Posts |
Having jumped in with both feet adding to my set are counterfeits a concern I should have. Even with CoAs? (Which I'm sure would be counterfeit as well). Just curious. Thanks in advance for your time.
|
|
|
|
Pillar of the Community
United States
7276 Posts |
Considering that most are selling a little over SPOT on the secondary market I doubt it, but if there is a buck to be made, nothing would surprise me.
|
|
Bedrock of the Community
United States
12817 Posts |
I would be surprised if they were commonly counterfeited as well. Easier/bigger fish to fry.
|
|
Pillar of the Community
Russian Federation
5172 Posts |
I suspect that cheap Chinese counterfeits exist for everything - but even then I doubt that modern commemorative dollars would be a popular target. They just aren't particularly popular.
As long as it doesn't look obviously bad, I'd guess that it's far more likely to be real. If it has a CoA it's almost guaranteed to be real.
Are you buying in person or online? If in person, bring a magnet; most of the cheap fakes would be magnetic.
|
|
Pillar of the Community
United States
2023 Posts |
Quote:
If it has a CoA it's almost guaranteed to be real. Maybe, but if the CoA isn't physically attached to the coin, there's no assurance that the CoA belongs to that particular coin. I'd also think that a CoA is easier to fake than a coin. All that said, I agree that these are not a likely target for counterfeiting. It would have to be nearly perfect for someone to buy it in the first place (they don't circulate so there's no real opportunity for wear which might hide an imperfect reproduction) and they generally don't sell for enough to make counterfeiting worthwhile. |
|
Pillar of the Community
 United States
6514 Posts |
|
|
Valued Member
United States
442 Posts |
I highly doubt it. Especially as the designs change every year. Far easier to counterfeit ASEs which haven't changed in 30+ years. Or much older, more valuable silver dollars.
|
|
Pillar of the Community
United States
8137 Posts |
I've seen pics of fake 1986 Statue of Liberty Commem Dollars floating around, but they are REALLY bad and they're dated 1906!  You shouldn't have much to worry about with these. Edited by CoinCollector2012
01/08/2020 12:11 am
|
|
Pillar of the Community
United States
1613 Posts |
Those dirty somethin' somethin's will fake anything to turn a dollar.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
|
|
Pillar of the Community
United States
3636 Posts |
There are known Chinese counterfeits of:  American Silver Eagles common date Buffalo nickelscommon date average circulated Morgan dollars that would be found in pawn shops 1940s Newfoundland five cent pieces that would sell for under $20 if genuine a common date business strike Canada Toonie The answer is "yes," if it is minted, they could very well counterfeit it. The number of contemporary coins on the counterfeiters' favorite sites is staggering. That said, the defense is knowing the real deal. Familiarity with the genuine coins makes spotting the counterfeits easier. |
|
Valued Member
United States
112 Posts |
When I worked at stacks, I remember seeing over the counter fake 1979 Susan B Anthony dollars. I also saw over the counter the counterfeit Presidential dollars. It doesn't make much sense to me economically why they would fake such coins but they do, so certainly you should find modern counterfeit coins. |
|
Pillar of the Community
United States
6514 Posts |
Thanks for all the input. Since I started this thread I've completed the first Dansco book and am a little more than a page into the second.
I know the modern commemoratives aren't popular but for some reason I really enjoy them.
|
|
Pillar of the Community
United States
8137 Posts |
Quote: I also saw over the counter the counterfeit Presidential dollars. It doesn't make much sense to me economically why they would fake such coins but they do, so certainly you should find modern counterfeit coins. US Dollar coins circulate in South America, so maybe they were made to be passed off as real money down there? |
| |
Replies: 12 / Views: 2,954 |
|
Posted 01/05/2020 1:39 pm
