In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
silver dollar
MIKE WISKEY
Member Posts: 10,043 ✭✭✭✭
bought this (center) at a local gun show for $10
only problem is, it's a fake. It was listed as sutch.
Comments
Sadly like any thing popular, it's so commom and must be some what easy to fake or buy from places like China
I remember just a couple of years back reading an article about buying coins, be extremely careful
Strange looking nose that has.
Neat coins. I’ve got a couple real ones that I just came across yesterday while unpacking my office stuff. First was my Grandaddy’s. A neighbor gave it to him for luck right before he shipped off to WWII on the USS HONOLULU. He carried it in his pocket for the duration of the war, and it is very worn from him working it in his pocket a lot, no doubt during nervous times like Leyte Gulf. The second coin is my own “first salute” coin, which I gave to a Chief Petty Officer right after OCS. Just a couple of years ago, he mailed it back to me with a note that I should keep it for my memories box. Very nice of him to do so.
So, why knowingly buy a fake? Is there still a value to it ?
Ten dollars. Don
I have a few fakes…they are interesting to me to see how close the fakes are to the real ones…
Frank Zappa would say: is that a real poncho, or is that a sears poncho.
"So, why knowingly buy a fake? Is there still a value to it ?"……………GREAT CONVERSATION STARTER 😉
I see what you did there,,
Indeed
Yep........the nose...…KNOWS!!🤥😅
The US Mint has had me on their mailing list for many years......as I buy some Proof Sets every year. I'm no hard core numismatist.....but enjoy casually "looking".
My grandmother got me started in coin collecting at about age 10......when she gave me two uncirculated "wheat" pennies from the year of her birth. Both are 1909 VDB.......unfortunately no "s"🙁😎. She..…many years later.....gave me a few silver dollars.
I need to dig that stuff out sometime.......😉
Does it stick to magnets or bend with hand strength? Also she got one manly jaw. Like Maria Shriver.
"Does it stick to magnets"………….good question
I keep seeing TV ads to buy a "full pound" of genuine Morgan silver dollars. No price quoted in the ad. If I'm right, a full pound of them is 16 coins. I'm guessing that the melt weight of those would be about $300 - if they are indeed genuine.
I'm not interested in them or any other coins, just curious.
Is there a difference between a "fake" coin and a "counterfeit" coin?
On line the pricing seems to be over $ 1,000.00 per pound. As you note, melt value at 90% silver would be just over $ 300.00.
Brad Steele
As much as I used to collect coins, I'm down to one, a silver dollar given to me by my great grandfather shortly before he passed in 1983. It was minted the year he was born, clear back in 1880.
I have a wedding to go to later this month and just bought 2 x 2024 Silver Eagles to give to the bride and groom. I find most people get a kick out of them.
Its fake until you try to pass it off as real, then it becomes counterfit. My take anyway.
Or maybe not:
https://faroutmagazine.co.uk/fake-movie-money-secret-service/
The Secret Service was swiftly deployed to Rush Hour 2’s shooting location, and an investigation was launched, which ultimately saw $100 million of movie money seized by the authorities.
I think they make great gifts also. We have given them for baby gifts and other special occasions.
The profile gives it away
Unless it in in BU condition, it's value is melt value.
He stated it is a fake………….bought on purpose……..even showed a picture demonstrating that it is magnetic………..it has no melt value
Yeah Mohawk, I got that, but a lot of real ones have been mentioned here, so my point was old silver dollars have little collector value unless BU. Ask me how I know. Also, like stamp collecting, coin collecting is pretty much a thing of the past. Today kids collect photos of themselves.
Most (from what I've seen) when at "coin shops" .900 silver dollars are bought at melt even though the aren't smooth. Back in the '80 I would've seen them in stapled cardboard with windows and sold as numismatic. But these days folks have bullion coins graded. That to me is silly grading weight.
MIKE WISKEY - What are you going with that? I think if you face the bird forward you can make a nice bolo tie or insert it in a belt buckle you'll be styling.
as I don't own a tie, I'll do the belt
The current spot price of a 90% silver dollar is $21.62. Generally, buyers in my area offer 80% to 85% of that.