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Beware Of Fakes!

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Valued Member
United States
429 Posts
 Posted 08/14/2009  12:04 am  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
There is no way to stop it, no matter how we change the currency there will always be someone to copy it. Paper money has been copied sense day one and there are actual presses in other countries to make US currency. Coins to slot machines have also been duplicated and getting the right look and feel is more of a personal challenge to some than the actual profit. Then there is always conspiracy reports about the mint and/or government(s) being involved with it.

No matter how you look at it there will always be fakes and the technology we all process can do a good job at it. Remember when they made the first changes to the current currency that some kid using just his printer and scanner was making passable fakes.

What scares me is how good they are getting and the fact they can fool most people. I was talking to a dealer a few months ago about the same thing and they were shocked on the quality being produced. He told me he had a client come in with one and wanted an estimate of what it was worth. He looked at it for a long time and could not figure out what was wrong with it but knew something was not right. After some time the client could not hold in his laughter anymore and started to laugh and finally told him it was a fake and what stood out on it. The item was so small that without a microscope or knowledge of what it was it could easily be passed on to someone else.
Valued Member
hippiebrian's Avatar
United States
436 Posts
 Posted 08/14/2009  04:33 am  Show Profile   Bookmark this reply Add hippiebrian to your friends list Get a Link to this Reply
I, with my newbie knowledge, will definatelly stay away from fee-pay, and don't think I'll purchase a coin worth over, say, 200 bucks without a trustworthy slab (one of the top 4). Seems like the only way to go these days.
Valued Member
gibby3's Avatar
United States
69 Posts
 Posted 08/14/2009  12:20 pm  Show Profile   Bookmark this reply Add gibby3 to your friends list Get a Link to this Reply
Does any one know the best way to detect these fakes, I have not seen one personally but I am guessing they are underweight.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 08/14/2009  12:24 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Weight and density are good because most fakes are not correct on those.
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