Although the British Crown, if genuine, would sell for a few hundred dollars, the Greek coin made by these dies would cost thousands. NGC graders look for these repeating depressions as well as overall … Just be sure to get one at least 10x the magnification. See All Our Coins Priced Under $50! I am so glad I read your scam alert before ordering any of these coins. 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. If the device remains steady, the coin is real silver. Due to its value, this coin is an attractive target for counterfeiters. Pair of 'I SURVIVED 2020' 24ct Gold Commemoratives in Capsules. No matter what your reason is to invest in silver, you can be sure to find it here with us at silver-to-go. As the world’s single most popular silver coin program, it was inevitable that counterfeiters would work to produce look-alike American Silver Eagle coins in an effort to take advantage of the immense demand for these coins. If your buying coins, buy graded ones, and then check their number with the grading company as well. The counterfeit silver dollars consisted of various date Morgan dollars which had been tumbled and stained to simulate age and circulation. Look at the date on the coin. What these claims have in common is that they usually disclaim responsibility for the authenticity or grade of the coin. The average weight of these counterfeits is around 17 grams which is a huge difference from the real thing and instantly recognizable once it … By. Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach. Examine the coin under magnification. 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. All four maundy coins were still produced in sterling silver during 1920. Cast Fake Coins. A lot of fake American Silver Eagle coins have larger rims and edges. 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. 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. Fake Coin Examples Last month I posted an article about a potential scam by a company named LIACOO selling American Silver Eagle coins from China. #FC53640: Mexico, 8 reales, (1710-15) (Fleet) The only way to tell is because we had two coins alike in our hands. Genuine silver coins are radiant and shiny. Gift/Coin New. Indeed, an authentic coin can have a large diameter or a heavy weight. A lot of fake American Silver Eagle coins have larger rims and edges. Counterfeit silver coins are usually dull and kind of soapy when compared to the genuine. It can help distinguish silver-plated from real silver items in which physical testing could miss. Fair production quality despite poorly reeded edge, with rust spots due to ferrous material. 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. Here we give you the top ways to spot counterfeit silver. The potential counterfeit coin is balanced on the tip of a finger then struck lightly with a known silver coin on the edge. Free postage. One small droplet of bleach will tell you immediately if you have a real or fake product. Had I not, I would've been months, waiting on the return, plus postage, to return this fake coin back to China. However, the 2016 American Silver Eagle 30th Anniversary coins will not have the reeded edge on the proof and uncirculated versions. Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. Weight Test. The reverse looks soft as if it was casting. The. Other tests are a little riskier for your coins, especially if you are uncertain as to the legitimacy of the coin in questions. It's also a good idea to test your own silver, just to makes sure that it's real or in the event that you want to sell your silver. 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 most common type of fake is simply an added mintmark. There are a few simple tactics that can help you determine the legitimacy of a silver coin or bar, American Silver Eagle or otherwise, without sophisticated tools are a great deal of time. Silver-Coins 1906 silver eagle: One glance is all it took to condemn this Chinese-made fake Silver Eagle! The die on the right is the reverse of a British silver crown dated 1899. There are fake silver coins, bars, flatware, etc. Fake £2 coin often miss the fine dots around the perimeter of the inner core. 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). Gold Fake Coins/ Silver Fake Coins/ Fake Pirate Coins/ Fake Coin Money Props/ Pirate Treasure FancyCelebration. Many Chinese counterfeit coins are magnetic, and it’s a dead giveaway if a silver-looking coin is attracted to a magnet. The bridge on the reverse was only used on 2005 coins. A favorite practice of counterfeit coin sellers is to claim that they are not an expert on coins, so you should judge the photo for yourself. Obverse: fantasy design - MEXICO instead of Rep. Mexicana. They might claim that the coins belonged to a recently-deceased aunt or that they bought them at an estate sale. Poor production quality and measurements way off. There’s little … With Fake American Silver Eagles on the Rise, How Can You Spot the Fakes? Rim & Edge: The United States Mint uses the latest technology to strike American Silver Eagle coins, and follows very specific dimensions for all facets of the coin’s design. Although the coins might appear to have been dug up from the ground, they are merely treated artifacts that were cast within the past couple of weeks. 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