Any ideas on what to do (legally) with 60 really good looking fake Morgans?

starkizzle

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So if any of you have followed my recent thread you know i got taken to the cleaners for some very good fake Morgans dollars, including some key dates. I was already givin the idea by another member who asked to purchase a couple for educational purposes, and see this as a option to recoup my loses.

Does anyone else have any ideas? I dont want just pass the buck to someone else, and if they go to something like a display at LCS or something as a reference, then it keeps these off the streets. id like to return them for my money back, probably wont happen. i could destroy them, and eat over 1K ( i have 2 babies, thats not a option)

These coins do weigh correctly but are a tiny bit wider on the rim then a normal morgan, and non magnetic.. all i tested was weight and to see if it was magnetic.. i didnt really notice they size of them rim until i stacked it on my other morgan.. and the ping is alittle off.

So if anyone knows of someone whos looking to build a counterfeit Morgan dollar collections, let me know lol, but if you have any ideas it would really
help (I dont want to sell my AG!!)


Thanks everyone,

Starkizzle







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Argentium

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Is there no way you can involve authorities to assist you in getting your money back? If indeed these were misrepresented to you
as genuine Morgan Silver dollars , that is criminal behavior - Good Luck !

(StarKizzle , what are these fakes made of ? )
 

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starkizzle

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the police route i dont really see resulting in my money back.. this is assuming they find this guy... and im not sure what they are made of.. i drilled thru one, it was shiny but i think may have had brass in it
 

ArkieBassMan

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I'm not 100% sure you can legally possess these things. I know that replica coins have to have the word "copy" on them somewhere. Being that they are "made to deceive"/counterfeit, they may be illegal to even possess.
 

vetarun

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If you start selling them off and they find the guy the only way you will get your money back is if you can give him back the 60 morgans.
 

vetarun

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It happened on another forum dealing with bars. Cops dropped charges if he returned the money for bars.
 

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starkizzle

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That may be the case with bullion... morgans are us currency.. i don't think they will want him to have them either... I'm not doing anything til i talk to the police, but i have thought of marking them
 

BigWaveDave

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Make stuff with them:dontknow: Belts, buckles, biker type gear, do something that would practically ruin them, but still look cool... good luck
 

GoldAudio

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make hobo dollars from them... BTW its the Secret Service (USSS) who goes after counterfeiters
 

nube250

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Use them as paper weights.

That's what I use my fake 100oz Engelhard bar for.. luckly it was refunded by PayPal but I still received the bar from a chienese shipper. Careful out there, Caveat Emptor!
 

twiasp

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Sell it for silver value if they are made of silver, or hold onto them to sell eventually. Possibly make necklaces or belt buckles out of them. /shrug
 

TheMastermind

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I'd probably post a CL "wanted" ad for silver coins. See if the guy who sold you these fakes makes contact with you.
 

Iamrussell

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Selling them for $25 is wrong imo

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just keep stacking, just keep stacking, stacking stacking stacking
 

Peyton Manning

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one word: loincloth
 

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starkizzle

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Iamrussell..... really??? Hope on my thread and just throw that out there? Thanks for your opinion... u know what you can do with it
 

HenryWaltonJonesJr

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If you sell them at all even as copies or even give them away and someone deceives another with them the trail will lead back to you. I'd turn them in to the secret service as evidence of a very serious crime. You never know, they might find the guy and you may recoup some of your loss.
 

TheCoinKid

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Just to be safe, you might want to research the legalities of selling a fake U.S. coin not marked as a "replica" or "copy".
 

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