Smith & Wesson Forum

Advertise With Us Search
Go Back   Smith & Wesson Forum > General Topics > The Lounge

The Lounge A Catch-All Area for NON-GUN topics.
PUT GUN TOPICS in the GUN FORUMS.
Keep it Family Friendly. See The Rules for Banned Topics!


Reply
 
Thread Tools Display Modes
  #1  
Old 01-15-2025, 02:15 AM
charlie sherrill charlie sherrill is offline
SWCA Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Nov 2003
Location: Brooklyn,Ms. 39425
Posts: 5,167
Likes: 2,770
Liked 10,458 Times in 2,339 Posts
Default Fake Coins.

It ain't like it used to be. I'm 77. My Dad's friend was a branch bank manager back in the late 50's, early 60's. He would let my brother and I go into the vault and go through hundreds of rolls of coins and pick out the valuable ones as long as we replaced them with ones that were not worth so much. We found a lot of stuff. Indian head pennies. Scarce Lincoln cents, nickels, dimes, quarters, half dollars, and even silver dollars. All that stuff was still in circulation then and we picked out what we wanted at face value. All we had to do was replace what we took, which we did. Fast forward, those days are long over. I still have a lot of what I found 60+ years ago. Two years ago I went to a military show in Oklahoma at some Indian Reservation Casino. Nothing to do with the Tulsa Show. I ran into a guy there that had 75 Morgan dollars for $10.00 each. At the time silver was about $20.00 an ounce. I bought all of them for $750.00. After I bought them I took them to a coin guy that I knew from Louisiana and asked him what he thought. They passed the magnet test. He weighed them and all of them and they failed the test. The guy I bought them from was still there. I got one of the Indian Police Officers to go with me to his table and told him I wanted my money back. He said he didn't know they were fake and refunded me the money. The officer said it was beyond his expertise and no charges were filed. I got my money back but the seller put them back up for sale after the officer left. A few days ago a friend called me and said he had access to a very rare 1944 S steel penny. I told Jr. to check it out and he found a guy in China who was making those and the 1943 copper penny. A little more checking and we found fakes of any coin you can imagine. All pass the magnet test. All look authentic. The only difference is the weight and somebody will probably soon figure out how to get around that. I wonder if they can fake a registered magnum yet.
Reply With Quote
  #2  
Old 01-15-2025, 02:28 AM
pawngal pawngal is offline
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Feb 2013
Location: Okoboji, IA
Posts: 6,322
Likes: 21,878
Liked 20,517 Times in 4,908 Posts
Default

Lots of fake "silver" dollar coins. Every time I scroll through Facebook they are there. I've had some come in my pawnshop too, I make sure to weigh them. Like any other fakes, replicas, etc, if the price is too good, run away.
__________________
_______________
Super Snooper
Reply With Quote
The Following 3 Users Like Post:
  #3  
Old 01-15-2025, 03:07 AM
AugieTN's Avatar
AugieTN AugieTN is offline
US Veteran
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Oct 2024
Location: Illinois & Tennessee
Posts: 191
Likes: 1,431
Liked 405 Times in 136 Posts
Default

Charlie can you break that down into paragraphs or bullet points? It is so hard to read the way it is
__________________
Retired IBEW, Local 134
Reply With Quote
The Following 2 Users Like Post:
  #4  
Old 01-15-2025, 04:03 AM
Onomea's Avatar
Onomea Onomea is offline
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: May 2005
Location: Oregon & Japan
Posts: 15,381
Likes: 51,336
Liked 37,440 Times in 10,088 Posts
Default

Quote:
Originally Posted by charlie sherrill View Post

It ain't like it used to be. I'm 77.

My Dad's friend was a branch bank manager back in the late 50's, early 60's. He would let my brother and I go into the vault and go through hundreds of rolls of coins and pick out the valuable ones as long as we replaced them with ones that were not worth so much.

We found a lot of stuff. Indian head pennies. Scarce Lincoln cents, nickels, dimes, quarters, half dollars, and even silver dollars. All that stuff was still in circulation then and we picked out what we wanted at face value. All we had to do was replace what we took, which we did. Fast forward, those days are long over. I still have a lot of what I found 60+ years ago.

Two years ago I went to a military show in Oklahoma at some Indian Reservation Casino. Nothing to do with the Tulsa Show. I ran into a guy there that had 75 Morgan dollars for $10.00 each. At the time silver was about $20.00 an ounce. I bought all of them for $750.00. After I bought them I took them to a coin guy that I knew from Louisiana and asked him what he thought. They passed the magnet test. He weighed them and all of them and they failed the test.

The guy I bought them from was still there. I got one of the Indian Police Officers to go with me to his table and told him I wanted my money back. He said he didn't know they were fake and refunded me the money. The officer said it was beyond his expertise and no charges were filed. I got my money back but the seller put them back up for sale after the officer left.

A few days ago a friend called me and said he had access to a very rare 1944 S steel penny. I told Jr. to check it out and he found a guy in China who was making those and the 1943 copper penny. A little more checking and we found fakes of any coin you can imagine. All pass the magnet test. All look authentic. The only difference is the weight and somebody will probably soon figure out how to get around that.

I wonder if they can fake a registered magnum yet.
Paragraphs, at your service.

Last edited by Onomea; 01-15-2025 at 08:49 AM.
Reply With Quote
  #5  
Old 01-15-2025, 04:41 AM
BLACKHAWKNJ BLACKHAWKNJ is offline
Member
 
Join Date: Oct 2006
Posts: 6,094
Likes: 1,624
Liked 6,424 Times in 2,572 Posts
Default

Between injection molding, 3-D printing, Khyber Pass gunmakers, what can't be faked ? In Utah there is one Mark Hofmann, forger extraordinaire, forged a mintmark on a coin, it was accepted as genuine.
Make sure you do your homework. I have see pictures of a Chinese made Broomhandle Mauser copy marked "Wauser",others with garbled inscriptions, incorrect proof marks, saw pictures of Khyber Pass-made Lee Enfield SMLEs marked "VR"-Victoria Regina though that model was adopted several years after her passing.
Reply With Quote
The Following User Likes This Post:
  #6  
Old 01-15-2025, 05:17 AM
Tom S.'s Avatar
Tom S. Tom S. is offline
Moderator
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Nov 2015
Location: SE Michigan
Posts: 19,927
Likes: 8,848
Liked 20,081 Times in 6,453 Posts
Default

China has been making fake US coins for years. I remember reading about them in Coin World almost 20 years ago.
__________________
So many S&W's, so few funds!!
Reply With Quote
The Following User Likes This Post:
  #7  
Old 01-15-2025, 06:08 AM
Narragansett's Avatar
Narragansett Narragansett is offline
SWCA Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Aug 2013
Location: RI/ Savannah, GA
Posts: 7,768
Likes: 36,482
Liked 52,840 Times in 5,476 Posts
Default

I went through my mother's safe after she went in the nursing home looking for a 2.50 gold piece that had been in the family for a lot of decades. I did not find it, but that is no surprise. My brother no doubt sold it to buy alcohol. He did that with many things.

What I did find was 2- 5 dollar gold pieces in a little box. I took them to my LGS ( Cranston Gun and Coin ). The father is a collector, and he checked them for dimensions and weight and assured me that they are real. They are extra fin condition. Good to hear.

He was telling me about fake coins from China. I had never heard of that, but I am sure it exists. Well, I lucked out. I also have about 15 pounds of silver dollars. A few are graded to very collectible, but the rest are just for melt value. Probably should check the price of silver. They may sell for the value of a nice firearm.
__________________
Pete
I ain't no fortunate son
Reply With Quote
The Following 3 Users Like Post:
  #8  
Old 01-15-2025, 07:37 AM
tomhenry tomhenry is offline
Member
 
Join Date: Sep 2004
Posts: 580
Likes: 109
Liked 593 Times in 159 Posts
Default

Quote:
Originally Posted by charlie sherrill View Post
he found a guy in China
The usual suspects. I'm not surprised. There was a flood of counterfeit Gibson guitars in pawn shops till shop owners got wise. Again, from China.

If an item is valuable, trust that somebody is going to try to rip you off.
Reply With Quote
The Following 2 Users Like Post:
  #9  
Old 01-15-2025, 09:32 AM
Alpo's Avatar
Alpo Alpo is offline
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Sep 2006
Location: N/W Florida
Posts: 5,820
Likes: 2,523
Liked 6,509 Times in 2,521 Posts
Default

This is something that has puzzled me. You can buy fake pre-1900 US coinage on Amazon. But aren't they still legal tender? If I was so foolish as to do it, I could take my 1880 Morgan silver dollar down to the store and buy a coke. Because it's still a legal United States $1 coin. Right?



So if they are making fake legal tender coins, isn't that counterfeiting? Shouldn't the secret service be involved?



I realize that Amazon is not making them, but they are still selling them. Doesn't that qualify as "passing counterfeit money"?
__________________
I always take precautions
Reply With Quote
The Following 3 Users Like Post:
  #10  
Old 01-15-2025, 09:40 AM
Tom S.'s Avatar
Tom S. Tom S. is offline
Moderator
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Nov 2015
Location: SE Michigan
Posts: 19,927
Likes: 8,848
Liked 20,081 Times in 6,453 Posts
Default

Quote:
Originally Posted by Alpo View Post
This is something that has puzzled me. You can buy fake pre-1900 US coinage on Amazon. But aren't they still legal tender? If I was so foolish as to do it, I could take my 1880 Morgan silver dollar down to the store and buy a coke. Because it's still a legal United States $1 coin. Right?



So if they are making fake legal tender coins, isn't that counterfeiting? Shouldn't the secret service be involved?



I realize that Amazon is not making them, but they are still selling them. Doesn't that qualify as "passing counterfeit money"?
If you turn it over and it says "copy" on it, then they are within the legality of the law. So long as it plainly states somewhere that it is not genuine, you can get by with it. Ofcourse if you buy one and stick it in the appropriate Whitman album, you won't be able to see the side that says copy.
__________________
So many S&W's, so few funds!!
Reply With Quote
The Following User Likes This Post:
  #11  
Old 01-15-2025, 10:08 AM
yaktamer yaktamer is offline
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Sep 2009
Location: ARIZONA
Posts: 3,756
Likes: 3,746
Liked 6,982 Times in 2,144 Posts
Default

Quote:
Originally Posted by Onomea View Post
Paragraphs, at your service.
The "ENTER" key is your friend.
Reply With Quote
The Following 2 Users Like Post:
  #12  
Old 01-15-2025, 10:13 AM
yaktamer yaktamer is offline
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Sep 2009
Location: ARIZONA
Posts: 3,756
Likes: 3,746
Liked 6,982 Times in 2,144 Posts
Default

The fakery industry really ramped up when silicone was introduced in Hollywood. Not necessarily a bad thing.
Reply With Quote
The Following 5 Users Like Post:
  #13  
Old 01-15-2025, 10:21 AM
Ivan the Butcher Ivan the Butcher is online now
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Jan 2008
Location: Harlem, Ohio
Posts: 15,463
Likes: 26,393
Liked 28,811 Times in 9,953 Posts
Default

When My brother graduated High School (1969) he bought a $10 Gold Piece at a gun show. Two years later he needed cash and went to sell it. It was "kinda" fake. Not a real US coin, but real 22K Gold! It was from jewelry. Turned out it was worth more than he paid for it, just about the same as a real one.

That was a cast copy and none of the marking were crisp, like a struck coin.

Ivan
Reply With Quote
The Following User Likes This Post:
  #14  
Old 01-15-2025, 10:38 AM
THE PILGRIM's Avatar
THE PILGRIM THE PILGRIM is online now
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Mar 2007
Location: ALBUQUERQUE, NM
Posts: 14,752
Likes: 8,596
Liked 27,205 Times in 9,153 Posts
Default

My local Coin Dealer has a box of fakes, including the fake Gold Chain I have posted.
Morgan dollars seem to be a Fav, also American Silver Eagles and other things, like Mexican Libertads.
I think his fake box has more Morgans than anything else.
I have compared the Fakes to Real ones and they look exactly alike!
The Fakes almost look ‘too good’ to be the age shown on them.
But this is complicated by lots of old Morgans were never actually in circulation. In collections or locked up in vaults.
__________________
NRA LIFE MEMBER
Reply With Quote
  #15  
Old 01-15-2025, 10:52 AM
Shark Bait Shark Bait is offline
US Veteran
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Mar 2015
Location: NM
Posts: 3,400
Likes: 9,692
Liked 11,220 Times in 2,203 Posts
Default

I have several Morgan dollars. What is the best way to check if they are real? Do I have to take them to a coin expert or is there a test I can do myself?
Reply With Quote
  #16  
Old 01-15-2025, 11:11 AM
Mike, SC Hunter Mike, SC Hunter is offline
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Jan 2001
Location: In The Woods Of S.C.
Posts: 10,010
Likes: 17,032
Liked 15,972 Times in 5,775 Posts
Default

Quote:
Originally Posted by yaktamer View Post
The fakery industry really ramped up when silicone was introduced in Hollywood. Not necessarily a bad thing.
HHHHMMMmmm!!!!
__________________
S&W Accumulator
Reply With Quote
  #17  
Old 01-15-2025, 11:32 AM
Tom S.'s Avatar
Tom S. Tom S. is offline
Moderator
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Nov 2015
Location: SE Michigan
Posts: 19,927
Likes: 8,848
Liked 20,081 Times in 6,453 Posts
Default

Quote:
Originally Posted by Shark Bait View Post
I have several Morgan dollars. What is the best way to check if they are real? Do I have to take them to a coin expert or is there a test I can do myself?
Unless you bought them within the past decade or two, they are probably legit. One way is to weigh them. You can use a powder scale if you or a friend reload. They should weigh 26.73 grams or about 412.507 grains.
__________________
So many S&W's, so few funds!!
Reply With Quote
The Following User Likes This Post:
  #18  
Old 01-15-2025, 11:45 AM
Protocall_Design Protocall_Design is offline
Vendor
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Jan 2010
Location: Kansas City area
Posts: 6,867
Likes: 68,963
Liked 15,867 Times in 4,875 Posts
Default

Are the fake ones heavier or lighter?
__________________
protocalldesign.com
Reply With Quote
  #19  
Old 01-15-2025, 05:55 PM
yaktamer yaktamer is offline
Member
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Sep 2009
Location: ARIZONA
Posts: 3,756
Likes: 3,746
Liked 6,982 Times in 2,144 Posts
Default

Quote:
Originally Posted by Protocall_Design View Post
Are the fake ones heavier or lighter?
If you are referring to my above post about silicone, I believe further, robust testing is needed. I'm willing to do my part.
Reply With Quote
The Following 3 Users Like Post:
  #20  
Old 01-15-2025, 05:58 PM
Alk8944's Avatar
Alk8944 Alk8944 is offline
US Veteran
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Jan 2007
Location: Sandy Utah
Posts: 9,866
Likes: 2,010
Liked 11,865 Times in 4,470 Posts
Default

Quote:
Originally Posted by BLACKHAWKNJ View Post
In Utah there is one Mark Hofmann, forger extraordinaire, forged a mintmark on a coin, it was accepted as genuine.
You neglected to include that Mark Hofmann has been in the Utah State Prison since January, 1987 convicted of two murders and one attempted murder! He was a forger, mostly duping the LDS Church with forged/faked historic documents related to church history! Now he is just another scumbag locked up for the rest of his life for his crimes!
__________________
Gunsmithing since 1961
Reply With Quote
The Following User Likes This Post:
  #21  
Old 01-15-2025, 06:13 PM
ImprovedModel56Fan ImprovedModel56Fan is online now
US Veteran
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Dec 2002
Location: MA
Posts: 7,625
Likes: 8,369
Liked 6,030 Times in 2,758 Posts
Default

Quote:
Originally Posted by yaktamer View Post
If you are referring to my above post about silicone, I believe further, robust testing is needed. I'm willing to do my part.
I would be, too, but my faith in oysters has been destroyed. Not long ago, I bought a dozen, and only six of them worked.
__________________
Formerly Model520Fan
Reply With Quote
The Following 3 Users Like Post:
  #22  
Old 01-15-2025, 06:46 PM
Tom S.'s Avatar
Tom S. Tom S. is offline
Moderator
Fake Coins. Fake Coins. Fake Coins. Fake Coins. Fake Coins.  
Join Date: Nov 2015
Location: SE Michigan
Posts: 19,927
Likes: 8,848
Liked 20,081 Times in 6,453 Posts
Default

Quote:
Originally Posted by Protocall_Design View Post
Are the fake ones heavier or lighter?
Usually lighter, but depending on material used, could go either way. I would be suspicious of anything more than a gram difference.

There are other things to look for, but it can be dependent on the date of the coin. A really good price (as someone already found out) should be an immediate warning flag. Prices are varied though, depending on the rarity of the coin.
__________________
So many S&W's, so few funds!!
Reply With Quote
The Following User Likes This Post:
Reply


Posting Rules
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
K frame Cokes. Fake or No Fake Retired W4 S&W Hand Ejectors: 1896 to 1961 11 12-06-2022 11:18 AM
Coins steveno The Lounge 16 09-01-2018 02:40 PM
What coins? Kiwi cop The Lounge 45 06-29-2018 01:46 PM
ALL SOLD: Slver coins; US & Canada gold coins; old French gold coins PRICES AT SPOT Teddydog Accessories/Misc - For Sale or Trade 1 06-28-2016 09:19 PM
Most beautiful U.S. coins.... Ron M. The Lounge 35 05-02-2016 12:31 PM

Powered by vBadvanced CMPS v3.2.3
smith-wessonforum.com tested by Norton Internet Security smith-wessonforum.com tested by McAfee Internet Security

All times are GMT -4. The time now is 12:57 AM.


© 2000-2025 smith-wessonforum.com All rights reserved worldwide.
Smith-WessonForum.com is not affiliated with Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC)