Yep. Chinese counterfeiters just LOVE faking American coins, Morgans being way up on the list.
Anyway, the fake Morgan dollars are almost always real silver, it's usually just the mint marks that are fake. They're getting harder to tell apart too, since at least one Chinese counterfeiter (allegedly) has access to some old US Morgan dies. **To be fair, I cannot confirm this, as I heard it through the PM dealer grapevine** Just another reason why I stay away from numismatic coins :/
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