In any economy with any product, once a particular item reaches maximum popularity and demand, there are bound to be knockoffs. Each database entry contains the physical specifications and detailed photographs of the fake item and, in most cases, a side-by-side comparison to the genuine counterpart. 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). See Our Silver Coins Priced Under $100! Several times I have purchased silver bars, only to find that it is just silver plate. Numismatic Guaranty Corporation - December 8, 2020. Fake coins will usually not have the same level of detail of a Mint struck coin. This resource is intended to help dealers and stackers learn about counterfeits, evaluate existing inventory and collections, and make educated decisions about future purchases. Font: Small variations in font design can give a counterfeit American Eagle away. 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. Spotting fake silver is a great skill to have, especially if you are a coin dealer. 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. Lastly, fake silver coins occasionally have a porous surface, and this can be found by using a magnifying glass. 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. All Morgan Silver Dollar coins were originally struck by the United States Mint with .900 silver content and .10 copper. 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. Counterfeit coin detection, particularly with ancient coins, is as much art as science. 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 … By super-fake, we mean a coin that is a deceptive counterfeit that could potentially fool professionals and advanced collectors. There is an in-depth breakdown of the specific feature flaws that often exist on fraudulent American Silver Eagles on, 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. 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! 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. 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. Due to its value, this coin is an attractive target for counterfeiters. I would really appreciate any thoughts or suggestions. For example, you could consider the magnetic test. Weight Test. Looks like poor imitation of inscription in relief for the edge. After sales of 44.1 million 2014 and 47.3 million in 2015, the United States Mint has already seen a record pace for demand in 2016. Just be sure to get one at least 10x the magnification. In 1920, most British silver coins, the halfcrown, florin, and shilling, were debased to .500 fine, that is 50% silver, and 50% copper. Many of the fake dollars were packaged in plastic sheets. It can help distinguish silver-plated from real silver items in which physical testing could miss. In the video linked below, a man has constructed a slide made out of magnets, which he uses to slide down fake and real silver items. The greatest benefit of American Silver Eagles from the United States Mint is the adherence to strict specifications. Examine the coin under magnification. Magnet Test The standard advice is to hold a magnet to the silver, and if the magnet sticks, it is not silver. But coin counterfeiting is an issue that any savvy collector needs to face. Fake Coin Examples 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 obverse has a portrait that someone has taken time over to create a new one. 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! These freshly made fake Chinese ancient coins are made by the same counterfeiting operation that makes the silver dollars, crowns, and other fake silver and copper coinage depicted in this gallery. The original coins go from … Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. 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. The pieces turned out to be base-metal fakes instead of genuine .999 fine silver coins. Another type of fake is a contemporary counterfeit. 2. 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.

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