I bought a motion-powered flashlight from a Chinese vendor at a flea market in Harpers Ferry last year. It was only about $2, and it had a fairly bright blue/white LED that came on when I turned the switch. I could see that there were two coin cell batteries inside, but there was also a coil through which a magnet would pass when the light was shaken, and a little PC board connected to the coil. It appeared that the light got brighter when I shook it. I used it for a while, and I misplaced it.
I returned to the flea market last Sunday, and they had what appeared to be the same flashlight, three for $5. So I bought three of them, along with other things. When I got home and looked more carefully, I saw that the PC board was not populated. I took the light apart, and found that (1) the leads from the coil were tied together to one point on the board, and (2) what I thought was a magnet was just a slug of steel. The lights actually work fairly well, and not too bad a price for a disposable LED flashlight and wrist exerciser (if I decided to shake it).
They had other flashlights for about $4 that seemed to have a larger battery pack, and possibly a PC board with components. I'm sure there are some of these lights that actually work, but I don't know if this vendor sells them. They are probably all fakes. They do have some dual LED hand powered lights for $4 that work by squeezing a lever which operates a small clockwork dynamo, and they function properly. They also have an internal battery and a switch in case your hand gets tired. Probably the gears will soon wear out and it will also become a disposable flashlight, but it is amazing what you can get for a few dollars.
I do wonder what it takes to make a good hand powered light using a sliding magnet and coil. It would probably take several hundred turns of wire to get 3 to 4 volts for a white LED. You would probably need diodes to get DC for the LED, and they would need to be Schottkey or Germanium for efficiency. It might be necessary to have a capacitor or inductor to smooth out the pulses from the coil. There is probably an optimal coil design to get the most usable output from the variable motion of the magnet.
Maybe I'll try a Google search, but I am curious if anyone knows any more about these devices. Also, maybe some ideas on how I can get even with these vendors of fakes!
Paul