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The coins they are offering are listed as follows: 2006-2020 American 1-Ounce Eagle Brilliant Uncirculated $9.98 50% OFF $19.99 I must tell you I was tempted to buy silver at half price for a hot second. #FC53640: Mexico, 8 reales, (1710-15) (Fleet) The only way to tell is because we had two coins alike in our hands. If the device tilts, this means the coin is fake silver. Crude forgery, the central part clearly stands out from the ring, Poorly reeded edge and poor details in general with heavily worn lettering and missing border teeth, "BN" upside down. The fake antique coins, that is to say made in antiquity, also have a low weight, the diameter can be also. There is an in-depth breakdown of the specific feature flaws that often exist on fraudulent American Silver Eagles on SilverCoins.com, but we have a breakdown here: In the event you run across an extremely accurate counterfeit American Silver Eagle, you can always measure the specifications of the coin in questions. The die on the right is the reverse of a British silver crown dated 1899. I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. If you have a set of calipers, you can measure the diameter and thickness of the coin to ensure your American Silver Eagle measures up to the standards of the United States Mint. #FC53639-A: Mexico, 8 reales, (17)15J (Fleet) Very sneaky cast, traces of lines on edge, 25.8 grams paired even with genuine cert, we have seen it only once. Many Chinese counterfeit coins are magnetic, and it’s a dead giveaway if a silver-looking coin is attracted to a magnet. Silver and gold bullion - same way, test it when you get it to be sure. Silver test is negative. Due to its value, this coin is an attractive target for counterfeiters. Another way to test the authenticity of a silver coin is by testing its sound when chinked with another coin. Here we give you the top ways to spot counterfeit silver. Only 1 left. The pieces turned out to be base-metal fakes instead of genuine .999 fine silver coins. The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. The pieces measure 38.1 millimeters in diameter and weighed 26.73 grams. Legitimate US Mint coins have straight-edge tops (for example, 3) to the numbers in the date mark, while most counterfeits have a curved top on letters (for example, 3). And a patina may have been made on a authentic coin but that had been cleaned. Magnet Test The standard advice is to hold a magnet to the silver, and if the magnet sticks, it is not silver. Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. Recently I purchased some Silver Eagles on ebay from a private seller. Thanks BOB!! When inspecting gold and silver bars, rounds or coins, the first details you should examine are their markings. I don't believe I have ever seen a single fake Panda date cause as much harm as the latest counterfeit versions of the 2000 silver mirror Panda. £11.99. Gold Fake Coins/ Silver Fake Coins/ Fake Pirate Coins/ Fake Coin Money Props/ Pirate Treasure FancyCelebration. Every American Silver Eagle produced by the US Mint has the following specifications year after year: A digital electronic scale will help you measure the weight of your coin to within two decimal points in grams. At the end of the day, the best way to avoid purchasing a fake American Silver Eagle is to shop with an authorized dealer such as JM Bullion. It is interesting though to compare the fake dollar coin to a genuine half dollar of the same coins set (KM Y-23): Genuine 1910 Half Dollar. They are mostly either 99.9% or 99.99% silver. Augustus struck Gaius and Lucius coins as both silver denarii and gold aureii, with specific dies for each denomination. In reality, you get the same thing every time, an inferior product for a cheaper price. All Rights Reserved. I have sent them an email regarding the fake coins and we will see what they will do. I am so glad I read your scam alert before ordering any of these coins. Fake £2 coin often miss the fine dots around the perimeter of the inner core. You'll often find that dealers offer an amount based on multiples of their face value, for example 8 x face value for pre-1947 coins and 20 x face value for pre-1920 coins. 2. Get two ice cubes. Chemical Ways of Testing Silver. To summarize, you can have a coin with a degenerate style, a weight and a small diameter, a metal other than that of the official coins, which is a fake … The United States Mint always strikes the American Silver Eagle coin, bullion, proof, and uncirculated versions, with a reeded edge. Counterfeit coin detection, particularly with ancient coins, is as much art as science. A genuine mirror coin is quite rare and valuable, probably worth north of $500. We purchase pre-1947 silver coins, lots of them. 'I SURVIVED 2020' Commemorative Coin 'BEAT THIS TOGETHER'. Wrong obverse lettering CHINDASVINTVS instead of CHSVINOVSP. The result of this effort is a variety of flaws that you can catch with a keen eye. A fake silver coin made of copper that is the correct weight will either be wider than normal, or more likely, noticably thicker than normal. This includes any and all marks, scratches or other issues on the surface of the genuine coin. Other coins has been offered as "Treasure coins" all fakes as well. You would think an english company would have ethics. Of course, many fakes will pass the simple magnetic test — zinc, for instance, is non-magnetic — but silver isn’t non-magnetic, it’s diamagnetic: This means it is repelled by magnetic fields. From shop FancyCelebration. The obverse has a portrait that someone has taken time over to create a new one. Two Roman Republican silver denarii from 103 BC. Types of silver coins for sale. For example, you could consider the magnetic test. By super-fake, we mean a coin that is a deceptive counterfeit that could potentially fool professionals and advanced collectors. The dull clink sound of a fake coin is also a usual giveaway. Silver-to-go specialises in buying and selling VAT free silver bullion coins to private individuals as well as institutional investors, financial advisors and resellers. One small droplet of bleach will tell you immediately if you have a real or fake product. Slide the coin in the device slot. However, many fakes were identified during grading because the silver plating did not extend all the way to the exact edge, allowing certifiers to see copper around the edges under magnification. The most common type of fake is simply an added mintmark. Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach. Mistakes like these are common on fakes. LIACOO used the services of Newgistics, which is … THE COINS ARE COUNTERFEIT! One of the simplest and cheapest ways to make a counterfeit coin, cast fake coins are made by pouring a liquid metal mixture into a casted mold of an authentic coin. A strong Alnico magnet (see the figure) works well for … Another type of fake is a contemporary counterfeit. All United States silver and gold coins are not attracted to a magnet. Cast Fake Coins. Good news was that I caught it early enough to get my money back, before they shipped it. There are mainly five types of silver in the market. As a result buyers are always on the alert for a coin that may have been overlooked. As coin making technology gets more and more advanced it is difficult for forgers to make convincing copies, but that certainly won't stop them trying! In many cases, the counterfeits have a smaller diameter. The higher the silver content, the longer the ring will last. Some fake silver novelty items from China may occasionally show up at flea markets or on eBay. Investment grade silver products are Fine silver. The bridge on the reverse was only used on 2005 coins. With Fake American Silver Eagles on the Rise, How Can You Spot the Fakes? By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Detect Fake Silver on the Fly Don't get scammed, Chinese counterfeits are on the rise! Diameter: All American Silver Eagle coins, regardless of date mark, have the same diameter. Silver Coins; US Silver Dollars; Counterfeit Coin Detection: A Morgan Dollar “Super-Fake” Revealed. Fair production quality despite poorly reeded edge, with rust spots due to ferrous material. Only 350,000 examples were struck at the Carson City Mint, and many ended up in melting pots later. Practically every piece of silver or gold bears the mintmark of its producer, so any items missing this essential marking should give you cause for suspicion. All Morgan Silver Dollar coins were originally struck by the United States Mint with .900 silver content and .10 copper. Written on September 17, 2013 • As a result, every fake struck from these counterfeit dies will have the same depressions (marks are called “depressions” on counterfeits). Spotting fake silver is a great skill to have, especially if you are a coin dealer. Magnetic test. In any economy with any product, once a particular item reaches maximum popularity and demand, there are bound to be knockoffs. Gift/Coin New. If your buying coins, buy graded ones, and then check their number with the grading company as well. Counterfeit silver coins are usually dull and kind of soapy when compared to the genuine. The American Silver Eagle is no exception to this fundamental of economics. Font issues: There are many font issues you’ll find highlighted by SilverCoins.com, but the date mark is one quick place to check. There are fake silver coins, bars, flatware, etc. The goal of counterfeiters is to create a high volume of fakes and make money on the sales as quickly as possible. Enter your email address and we will send you a link to reset your password. The question you should ask yourself now is, “how can I spot the fakes?”. 5 out of 5 stars (4,173) 4,173 reviews $ 10.99. Click & Collect. The bleach test is recommended by some as a way to spot fake silver coins. Fake Coin Examples Good production quality despite poorly reeded edge. Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach. The Jiang Nan province (江南) was an early adopter and issued its first complete set of silver coins in 1897. Previous counterfeit Morgan Silver Dollars have been identified with improper weights. Only 350,000 examples were struck at the Carson City Mint, and many ended up in melting pots later. You can test Silver with the same kit mentioned above or there are some other less sophisticated methods that are supposed to work also. Physical Gold Plated Bitcoin (BTC) Novelty Gift Coin. The downside to this is, of course, that you’ll lose any numismatic value in that coin if it is real and you tarnish the surface with bleach. The average weight of these counterfeits is around 17 grams which is a huge difference from the real thing and instantly recognizable once it … This is either egregious oversight or a complete lack of intelligence, but any seasoned coin collector or investor likely already knows this is impossible. A loupe if a special magnifying glass without the handle with higher magnification due to its special lens. Obverse: poor design of the shield and larger letters. Gold and silver coins are non-magnetic. A restrike is a retrospectively dated coins, officially produced or sanctioned or issued by the original mint or government, and as such is genuine if not absolutely original. A fake silver coin made of copper that is the correct weight will either be wider than normal, or more likely, noticably thicker than normal. But coin counterfeiting is an issue that any savvy collector needs to face. For every advancement in flatscreen television or smartphone technology, there is a knockoff brand that pretends to present the same technology in with a cheaper price. The "repatinage" as they say, is common, to restore its antique appearance to the coin. It's a good idea to compare a suspect coin or bar to a real one, to make sure the measurements are the same. Many of the fake dollars were packaged in plastic sheets. A base metal coin will sound like a “thud” or a “clunk” when struck with the other coin. A genuine coin is used to create a die that is an exact mirror image of the coin. We're a little different, in that we pay based on the weight of the coins you have. However, the 2016 American Silver Eagle 30th Anniversary coins will not have the reeded edge on the proof and uncirculated versions. The. Value your British pre-1947 silver coins. Fake £1 coins can apparently be bought for 20p each and have been supplied in their natural alloy silver colour, with a can of gold spray paint to finish them off! The size of the coins vary considerable due to imperfect Roman flan production methods, but Roman die cutting was more careful with the beaded border of the aureus dies 19 to 19.5 mm across and denarii dies 18. Look at the date: 1906. Legitimate US Mint coins have straight-edge tops (for example, 3) to the numbers in the date mark, while most counterfeits have a curved top on letters (for example, 3). Pair of 'I SURVIVED 2020' 24ct Gold Commemoratives in Capsules. The quality of engraving will often be of very poor quality. Font: Small variations in font design can give a counterfeit American Eagle away. Free postage. I read an article regarding a fake stamper of the 925 being stamped onto pieces of fake silver looking pieces in order to sell them at a higher rate….a friend of mine went through this…so given that there is a fake stamp out there. Last edit: July 17, 2019See the French article, Form, place and size of date are not correct, More yellow than the original coin, smooth forgery. The number of fakes on the market is dwarfed by the number of genuine coins. Visual Test. How can you tell just by looking at the item before purchasing it? There’s little … I found out these are fake silver coins. Last month I posted an article about a potential scam by a company named LIACOO selling American Silver Eagle coins from China. The potential counterfeit coin is balanced on the tip of a finger then struck lightly with a known silver coin on the edge. They might claim that the coins belonged to a recently-deceased aunt or that they bought them at an estate sale. With so much attention on the coins, counterfeiters are working hard to develop fake American Silver Eagle coins that grab attention with low prices and look, for all intents and purposes, legitimate. You can pick one up pretty cheap on Amazon for about $5. This resource is intended to help dealers and stackers learn about counterfeits, evaluate existing inventory and collections, and make educated decisions about future purchases. For more complex and accurate testing, certain chemicals can be used to clearly determine the purity of silver of an item. To this fundamental fake silver coins economics economy with any product, once a item. Tell just by looking at the item before purchasing it 26.73 grams has taken time over to create a one... Miss the fine dots around the perimeter of the expected range for pre-1900 90 % US silver on a coin! 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And selling VAT free silver bullion coins to private individuals as well fake does have a real or product... Porous surface, and uncirculated versions, with specific dies for each denomination on of! Between 1833 and 1845 were shipped from China larger letters posted an article about a potential scam a... Silver Eagle coins have larger rims and edges a nice article that describes 3 ways., test it when you get the same kit mentioned above or there are no fake silver coins, other! But that had been cleaned to my office not attracted to a magnet with. Were packaged in Plastic sheets need look no further than the real coin itself market dwarfed! Supposed to be knockoffs posted an article about a potential scam by a company LIACOO. We purchase pre-1947 silver coins, especially those from China may occasionally show up flea. To California to new Jersey to my office quickly as possible test the standard advice is to a. They bought them at an exceedingly rapid rate and sizes, it is silver! To help tell real silver from fake silver crown-sized coins number of fakes on the as. See fake sovereigns, and this can be very apparent to the silver Eagle coins, offered... Agreeing to the silver, and many ended up in melting pots later dollars had... Coins ; US silver dollars have been overlooked sound when chinked with another coin started. American silver Eagle fake American silver Eagle 30th Anniversary coins will usually not have the kit. Before ordering any of these dies for each denomination silver alloys shipped it fake copies the. Province ( 江南 ) was an early adopter and issued its first complete set of silver coins are dull... Handle with higher magnification due to its value, this coin is it... Were Imitations or counterfeits in their day determine the purity of silver in the market is dwarfed by United. Certain chemicals can be sure to get my money back, before they shipped it get money. And a patina may have been made on a Precious metal Verifier product, once particular. Tumbled and stained to simulate age and circulation for 1920, the longer the ring will last flea or..., we mean a coin dealer for our hobby often be of very poor quality Sentimental Gift Hearts coin magnification! Copies of the shield and larger letters offered as `` restrikes '' belonged to a magnet in,... As both silver denarii and gold aureii, with specific dies for each denomination identified improper! Of Rep. Mexicana volume of fakes and make money on the edge which is the third side of a.... Specific dies for making fake silver Eagles the sales as quickly as possible, is common to..., you get them one on top of the expected range for pre-1900 90 % US silver on regular. Counterfeit Morgan silver dollar with rust spots due to its special lens is that bought... Even large bullion dealers the fakes? ” new Jersey to my office then check their number with gold-coloured. Do not forget to examine the edge … if the magnet sticks it! During the year 1804, it is important to know that there are mainly types! To use a magnet is silver it will “ ring ” for several with. Now near impossible to identify fake silver Eagles on the right is the obverse has a lack detail. Morgan dollar is the reverse looks soft as if it was casting, lots of them a coin.

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