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 Replies: 28 / Views: 11,278 |
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Pillar of the Community
United States
2589 Posts |
So as usual after dumping coins at the local bank I checked the magnets on the counting machine and to my utter amazement I pulled out this dime. Its dated 2000d magnetic and has no reeding, its struck in the same style as the counterfeit quarters of the 1980's. I've never seen or heard of a counterfeit dime such as this and was wondering if anyone else had any information on it. I know there have been a fair number of counterfeit dollar coins coming out of South America lately but I would never imagine a dime lol. -XoG  |
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Pillar of the Community
United States
721 Posts |
Wow! Who would think of checking their dimes for fakes? What's next? Wouldn't it be rather expensive to set up an operation like this and how many would you have to make in order to have any kind of profit after all the labor and material expense?
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Moderator
 United States
14463 Posts |
Looks like Roosevelt has bags under his eyes. Can't really tell from the pic, but what's that at back of his head above the hairline. Is that "copy" or some other wording?
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Pillar of the Community
 United States
2589 Posts |
In hand there doesn't appear to be anything written there
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Pillar of the Community
United States
4778 Posts |
The font on the reverse for everything except "One Dime" is WAY off also
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Pillar of the Community
United States
3540 Posts |
Would take quite a bit of time to even recoup the counterfiet expenses....at 10 cents per. Cool find....VERY cool find.
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Moderator
United States
14463 Posts |
Whoever made this, used the wrong font on "United States of America". The letter I on Liberty and Dime look fine, but the cross bars/serifs of the I's in united and america are more prominent than they should be.
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Valued Member
United States
56 Posts |
Totally unbelievable what people will do and it is really a shame.  Roosevelt sure looks bad - perhaps the Lincoln Shield cent will be next .... they shouldn't have too much difficulty getting the shield on the reverse exact!  |
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Moderator
United States
14463 Posts |
I am surprised by a counterfeit dime being cost effective for the crook, but the cent isn't cost effective even for the mint to produce.
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Pillar of the Community
United States
2589 Posts |
Yea, if henning found making nickels in the 1950's to be unprofitable then I doubt anyone could make much money making dimes today
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Bedrock of the Community
United States
62064 Posts |
That's what they get for using kids plastic money to copy to make dimes. LOL Probably trying to figure out how they can improve on the counterfitting?
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Pillar of the Community
United States
1388 Posts |
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Rest in Peace
United States
9104 Posts |
That's inflation for you. When I was a kid, they counterfooted nickels.
Why make dimes? Who would bother to check? Many years ago, there was a guy they called "old 66". He made very obvious dollar bill fakes, just enough to keep himself and his cat alive. Many merchants knew they were fake and took them anyway, as a way to give him charity without him having to ask.
The feds didn't think much of his hobby, so he ended up spending some time at the Graybar Hilton, which probably was three hots and a cot better than he had at home.
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Rest in Peace
United States
9104 Posts |
Quote:
Would take quite a bit of time to even recoup the counterfiet expenses....at 10 cents per. Cool find....VERY cool find. Not really. Many private mints make low-run medals very inexpensively. Given after hours access to such equipment (cost=free) in a third world country, a modern press can make 12 coins a second, or about a million coins in a 12 hour shift. $100,000 is ten years' wages. Obviously, these are not intended to fool collectors. Less obviously, they are prolly not intended to fool North Americans, but rather South Americans, who readily accept US money, but aren't as familiar with it as they could be. |
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Valued Member
United States
376 Posts |
 Totally different standard of living down there, a little goes a long way. Edited by big777bill
04/19/2011 04:10 am
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Pillar of the Community
United States
721 Posts |
Interesting biggfredd, I did not think that through. Makes a lot of sense. I wonder what the penalties are in their country.
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Replies: 28 / Views: 11,278 |
Posted 04/18/2011 9:56 pm
