Fraudulent Uses
Counterfeiters have used nickel silver to produce coins and medallions purporting to be silver rounds, generally in an attempt to trick unsuspecting buyers into paying prices based on the spot price of silver. The metal has also been used to produce counterfeit Morgan dollars.
Nickel silver fraud has included the production of replica bullion bars, marked "Nickel Silver" or "German Silver", in weights of one troy ounce. They are sold without notification that they contain no elemental silver.
Read more about this topic: Nickel Silver
Famous quotes containing the word fraudulent:
“It is told that some divorcees, elated by their freedom, pause on leaving the courthouse to kiss a front pillar, or even walk to the Truckee to hurl their wedding rings into the river; but boys who recover the rings declare they are of the dime-store variety, and accuse the throwers of fraudulent practices.”
—Administration in the State of Neva, U.S. public relief program. Nevada: A Guide to the Silver State (The WPA Guide to Nevada)
“It is pretty obvious that the debasement of the human mind caused by a constant flow of fraudulent advertising is no trivial thing. There is more than one way to conquer a country.”
—Raymond Chandler (1888–1959)