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JerrySpringer
Penny Hoarding Member
669 Posts |
 Posted - 04/11/2009 : 10:46:25
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What basic tests can you use to determine if you have a Chinese replica of a Morgan dollar? I see that the Chinese are selling copies for every year of the Morgan dollar. I did not think they would bother to make copies of $20 coins, but what did I know?
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aaron239
Penny Collector Member
USA
260 Posts |
Posted - 04/11/2009 : 10:58:26
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The first give away is the wieght. Needs to be pretty darn close to 26.7 grams.
Next give away is the details. Post a good picture and I can tell you unless its a really good fake.
Another giveaway is to look at the edge of the coin. Does it have a crack that runs all along the edge? |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 04/11/2009 : 11:35:55
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| I don't have the coins in hand. I contacted the seller of them this morning and they are fairly trustworthy on their reputation and they assured me me the coins were not fakes. I will take them to a dealer locally to get 100% certainty, but my fears were definitely diminished with seller's reply back to me. |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 04/11/2009 : 12:08:24
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The best indication of a fake is the price is too good to be true for the coin.
Buyer Beware! |
There's profit if you melt things!!
8{> |
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aaron239
Penny Collector Member
USA
260 Posts |
Posted - 04/11/2009 : 12:31:52
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| Sounds like your in the all clear then. Buy from trustworthy sources, get what you pay for. If you plan on buying in the future as well, invest in a digital gram scale. Post a picture here when you get them as well if you would like. I can tell just by looking at the details most of the time. |
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JerrySpringer
Penny Hoarding Member
669 Posts |
Posted - 04/11/2009 : 12:51:55
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quote:
The best indication of a fake is the price is too good to be true for the coin.
Buyer Beware!
The price on these Morgans were a little less than $15 each w/ shipping included. The grade on them looked at least VF-20 overall. I picked them up for hobbyist collecting and silver content purposes and that my wife won't hammer me anymore to pick up a Morgan dollar every time a coin show comes to town.LOL. I will see how they turn out when they arrive.
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 04/13/2009 : 00:00:36
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The best thing is to weigh it like mentioned and also use a magnet. Don't laugh at me but you can actually smell fake coins too! Silver doesn't really smell, the fake coins actually smell like a "machine" or something, I hope that makes sense. Just start sniffing your coins from now on and you'll understand what I'm saying lmao. They look like this(notice the position of the arm on the trade dollar lol):
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Edited by - Dalsuh on 04/13/2009 00:12:12 |
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 04/13/2009 : 00:02:08
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PACK THE FORUM EVERY MONDAY NIGHT
Eastern 9 PM
Central 8 PM ( Forum Time )
Mountain 7 PM
Pacific 6 PM ( HoardCopperByTheTon Time)
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Dalsuh
Penny Hoarding Member
USA
757 Posts |
Posted - 04/13/2009 : 00:06:09
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| Don't forget, the Chinese have been counterfeiting coins for about 1,500 years now. I've also heard they're now counterfeiting slabbed/graded coins. Such as PCGS and NGC. From now on, I'm sticking to bullion only. |
PACK THE FORUM EVERY MONDAY NIGHT
Eastern 9 PM
Central 8 PM ( Forum Time )
Mountain 7 PM
Pacific 6 PM ( HoardCopperByTheTon Time)
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Edited by - Dalsuh on 04/13/2009 00:08:02 |
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 04/13/2009 : 07:36:11
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quote:
Don't forget, the Chinese have been counterfeiting coins for about 1,500 years now. I've also heard they're now counterfeiting slabbed/graded coins. Such as PCGS and NGC. From now on, I'm sticking to bullion only.
Unfortunately completely true. Mostly they are making the PCGS slabs with coins in them. The weight thing is from the old days. Lately they have been making them from the correct materials since they are selling them for the coin value, not the metal. They can make a dollar coin for less than $20, the slab for practically nothing and sell them for hundreds or even thousands. |
Carl |
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Fake Morgan dollars from China
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