Posted on 06/29/2011 11:24:45 PM PDT by OneLoyalAmerican
Since there is no such thing as a 1906 Morgan silver dollar, minting having been stopped in 1904 and resumed for only one year, 1921, I wonder if these are actual, or fake counterfeits?
Total silver value was $1,080.36.
Greetings Attention Surplus Disorder:
In our case, we only purchase melt quality silver coins, so I plead ignorance. Coinflation.com melt value calculator indicates a field for 1878-1921 Morgan Dollars.
Cheers,
OLA
Steel? That’s odd. Who would do it in steel, and who would have the talent and equipment to duplicate a coin in steel?
Greetings ltc8k6:
Roger that. If someone went through all this effort, why not make some silver counterfeits of very rare coin mint dates?
One other thought. Perhaps these are a truly rare item. From a test run through actual dies that were supposedly destroyed.
Cheers,
OLA
Chinese are making fake US silver coins.
It’s Chumlee’s fault, I’m sure...
Something’s a little off here.
Greetings Kirkwood:
Thanks for the link. UP until this point, I didn’t think it was profitable for the Chi-Coms to counterfeit silver coins.
Cheers,
OLA
Something’s a little off here.
Roger that. And paid above melt value too. Unless it was Chumlee; not gon'na happen.
Cheers,
OLA
When did public servant (taxpayer supported) Police Depts. become the Pawn Shop Cops?
They should arrest the owner/buyer for 3rd Degree Felony stupidity. If you advertise that you buy gold and such then go to the hardware store and buy a magnet, maybe $2.00. Next step is to buy a gram/dwt scale, $100.00.
Even if the seller knew they were counterfeit, no charges can be filed against him.
When did public servant (taxpayer supported) Police Depts. become the Pawn Shop Cops?
Most likely since July 5, 1865 when Title 18 of the United States Code, Section 3056 was effective.
Cheers,
OLA
I’m aware of that, thank you.
There are millions of ‘copy’ or ‘replica’ coins on the market. Many come in display frames for exhibit. Some are marked “copy”, some are not.
If the seller represented the coin display as genuine with certified (fake) appraisal or like documents, then he could likely be charged for a number of crimes. If he just walked into the store and said “how much do you want to give me for this?”, he will be in the clear.
The Pawn Shop owner/buyer probably saw the ‘key dates’ and was immediately so overcome with greed that he didn’t check them out further. His fault. He then whined to the police when one of his magnetic business cards flew across the room and stuck to the display.
He also probably called them when he found out that the ‘original’ Mona Lisa he bought last year from a homeless guy was actually a copy!
Maybe it’s like the Superman episode where Professor Pepperwinkle turns metal into gold- but it turns out the entire process costs more than the gold itself.
-——or fake counterfeits?-——
The question is were they really counterfeit? If they were not copies of actual coins were they counterfeit? Were they not just objects, say objects of art?
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