KT here. Two weeks ago when His Majesty went to dump his halves, the security guard at the bank showed me a picture on his cell phone. A very early Capped Bust dollar coin that he found in the dump machine! Looked in pretty decent shape, so I suggested he take it to the local coin and stamp shop for a trusted evaluation. Last Friday, when KT was dumping the Royal Leftovers, the guard approached His Majesty. Having had it evaluated, it was a Chinese fake! Apparently the weight was way off. But he still sold it to the other CRHer who dumps at this bank for $20, slightly over the silver value. KT wonders who that dumper will try and pass it on to?!
This is the first time KT knows of that he has for certain seen a Chinese fake collector dollar coin. The guard was happy for the contact that KT gave him, and he got more of the true value out of it.
Funny thing is that the machine will take pennies to half dollars, but not silver dollars. KT did get a call one time from a teller, who had just cashed in 71 Ike dollar coins, wanting to know if His Majesty wanted any of them. KT made a Royal Beeline to the bank and bought them all. Most were simple clad, but there were a few silver proofs in that batch....three me thinks, including a bicentennial silver proof!
This is the first time KT knows of that he has for certain seen a Chinese fake collector dollar coin. The guard was happy for the contact that KT gave him, and he got more of the true value out of it.
Funny thing is that the machine will take pennies to half dollars, but not silver dollars. KT did get a call one time from a teller, who had just cashed in 71 Ike dollar coins, wanting to know if His Majesty wanted any of them. KT made a Royal Beeline to the bank and bought them all. Most were simple clad, but there were a few silver proofs in that batch....three me thinks, including a bicentennial silver proof!