I got a 1998 the other day, I always just spend them when I get them - they are of absolubtely no use to anyone and I am not being a quid out of pocket for them !
Verweis : Mark240590There's a big spate of fake £20 notes in the north east at the moment they all coming from Darlington apparently !
They have been around for months m8, got offered £200 worth for £100 but I have no interest in being caught, the police freeze your bank accounts, search your house and allsorts. Fake pound coins been out there for years - if I get any in my change I spend them straight away.
I keep seeing people post that no one would fake a $20 silver coin, but here is an example, if they fake £ coins they would be more than happy to fake some $15 coins
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!
Verweis : redsmithstudiosI keep seeing people post that no one would fake a $20 silver coin, but here is an example, if they fake £ coins they would be more than happy to fake some $15 coins
I think the big difference is that most people would never look twice at a pound coin, where as most people who buys silver coins would look more than twice at it.
I can kinda see how it would make sense to fake junk silver, since that is mostly bought for investment and rarely looked at carefully.
I think he's getting t eminent saying that about Canadian silver and to be fair I go mainly with eminent on it. They are collector's pieces now not circulating coins, BUT there definitely will be some.. Just look at that 1948 South Africa crown I had...
I'll pretty much guarantee that every collector who has more than a starter collection has at least one fake coin and several cleaned ones.
A pound coin wouldn't seem like anything of great value to us but it might be a week's living expenses for someone in a poor country. Look at this guy, George Hussein Obama, who lives in a 6x8 tin shack in Nairobi and gets by on less than $10 a month.
Verweis : pnightingaleI'll pretty much guarantee that every collector who has more than a starter collection has at least one fake coin and several cleaned ones.
A pound coin wouldn't seem like anything of great value to us but it might be a week's living expenses for someone in a poor country. Look at this guy, George Hussein Obama, who lives in a 6x8 tin shack in Nairobi and gets by on less than $10 a month.
Verweis : Mark240590I think he's getting t eminent saying that about Canadian silver and to be fair I go mainly with eminent on it. They are collector's pieces now not circulating coins, BUT there definitely will be some.. Just look at that 1948 South Africa crown I had...
Not at all, I don't even remember the Canada silver post. There are many people who have said that about many coins, and there are all kinds of fakes under $25, it's not like it's a secret or something.
Taking a break from swapping for a while, but still interested in pre 1799 Spanish coins, I will make time for that!
I ain't sayin it is, there isn't as much call for it though you're probably gunna be alright buying one, there will always be some but it's not like fairly low value circulating coins, a quick quid to be made.
It could very well have been me saying that. I don't believe it makes sense to fake a low priced silver coin. If I wanted to fake a coin I'd pick one that is either of the following
rare and very valuable - (one very well made piece will make you a lot of money)
fairly common yet moderately valuable - fairly many pieces can be sold on eBay before they're discovered as fake.
bullion / junk silver - especially the latter as people buy these in bulk without looking at them much.
circulating coinage of higher denominations - people just don't bother to look at these so fairly poor fakes can be successful.
Anything that doesn't fit into these categories, I don't see the logic in faking.
