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What Is The Most Faked Coin In The World?

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tklimson's Avatar
United States
20 Posts
 Posted 05/11/2010  11:25 pm Show Profile   Bookmark this topic Add tklimson to your friends list Get a Link to this Message Number of Subscribers
I recently purchased some fat man dollars. Unfortunately, I didn't have a magnet or scale with me. I got home and my magnet stuck to the coins like glue. I only bought 5 at $2.00 just because I was curious. I'm hearing these are the most faked coins in circulation. Anyone else know about other coins that are faked a lot?
Valued Member
adco1149's Avatar
United States
147 Posts
 Posted 05/11/2010  11:29 pm  Show Profile   Bookmark this reply Add adco1149 to your friends list Get a Link to this Reply

Quote:
fat man dollars

Never heard that term before.
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tklimson's Avatar
United States
20 Posts
 Posted 05/11/2010  11:40 pm  Show Profile   Bookmark this reply Add tklimson to your friends list Get a Link to this Reply
Oh sorry They are Chinese Yuan Shi-kai dollars 1914-1921. Shi-kai was the president for 83 days. Variuos sites have it listed as one of the most counterfeited coins. I got 5 of them.
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bocephus's Avatar
United States
35 Posts
 Posted 05/12/2010  12:09 am  Show Profile   Bookmark this reply Add bocephus to your friends list Get a Link to this Reply
I have a 1906 1oz silver eagle!
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tklimson's Avatar
United States
20 Posts
 Posted 05/12/2010  12:17 am  Show Profile   Bookmark this reply Add tklimson to your friends list Get a Link to this Reply
1906 silver eagle wow, never saw one. Waiting for a 1961 Kennedy half dollar to show up somewhere.
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Saruma's Avatar
United States
968 Posts
 Posted 05/12/2010  12:18 am  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
From what I read about the Chinese coin you are talking about it seems to be debatable about just what constitutes a counterfeit. You could easily argue it was made by different mints at different times with different compositions, but that they were legitimate strikes that were fully intended to be used as money by authorized sources.

You could also easily argue that most of the strikes were counterfeit. It is a messy case.
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fcrazo's Avatar
United States
651 Posts
 Posted 05/12/2010  12:37 am  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
Why the media has not picked up on this I don't know. They are obviously hurting the hobby. Also who knows what exact metals are used, they could be toxic as well.
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Sap's Avatar
Australia
16826 Posts
 Posted 05/12/2010  04:18 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
There are coins that have been faked for centuries. The Syracuse tetradrachms and dekadrachms are large, beautiful ancient coins from Greek Sicily, struck 2500 years ago; fakes of them have been produced ever since coin collecting became popular during the Renaissance; they range from the extremely cheap and crude to the downright dangerously accurate. Coin #2 in both this thread and this thread both fall towards the "cheap 'n' nasty" end of the spectrum.

The shekel or didrachm of the First Jewish revolt is an extremely popular "biblical coin", and copies and derivative fantasies known as false shekels have been made since the time of the Crusades.

On the subject of "official" counterfeits or copies produced for actual circulation, the ancient Celtic copies of the Greek gold staters of Philip II of Macedon would have to be the most widespread. For some 300 years, these coins were just about the only coinage to be found in non-Roman northern Europe.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Nic's Avatar
Philippines
1156 Posts
 Posted 05/12/2010  05:39 am  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply
I have an 1851 US Indian Head one dollar, really looks nice but its a fake
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tumbleweedtrumpet's Avatar
United States
1418 Posts
 Posted 05/12/2010  07:55 am  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
1909 s vdb
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steve199's Avatar
United States
1882 Posts
 Posted 05/12/2010  08:14 am  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
This thread reminded me of the Dos Equis commercials. They have radio versions that are entertaining, too.
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macmercury's Avatar
United States
5826 Posts
 Posted 05/12/2010  12:58 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Do you have pictures of these fake Chinese Dollar. I had seen some down in Chinatown in NY but since than its been confiscated. I don't know by who's authority.
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tklimson's Avatar
United States
20 Posts
 Posted 05/12/2010  1:44 pm  Show Profile   Bookmark this reply Add tklimson to your friends list Get a Link to this Reply
I'll take some pics.
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Libertad's Avatar
Canada
3692 Posts
 Posted 05/12/2010  3:36 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
That comment about the toxicity is interesting. And it should be interesting to the FDA and the FBI if poisonous materials are being circulated with the words IN GOD WE TRUST on them. Worth investigating in my books.

If I had to guess on most faked in the world, does that include slugs for quarters? I found a slug the other day in a parking metre. Good thing it got rejected.
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xshift's Avatar
United States
2669 Posts
 Posted 05/12/2010  7:14 pm  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
Some interesting points in this article: http://www.numismaster.com/ta/numis...ticleId=7067

One being:

Quote:
After five years the coin became so popular in China that even in the outlying provinces warlords were induced to produce in primitive plants imitation pieces with much lower silver contents. I had an elemental analysis done on the coins that weighed 19, 20 and 21 grains. They contained 25 percent silver about 45 percent nickel and a few other elements.


If a warlord produced his own coins in this manner, would that make it a counterfeit?
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L1011's Avatar
United States
300 Posts
 Posted 05/12/2010  7:34 pm  Show Profile   Bookmark this reply Add L1011 to your friends list Get a Link to this Reply
Could be Pandas? Nah...Morgans? Just about anything out of china has the possibility
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