how to spot fake silver coins

If iron or steel are present the coin will stick to the magnet and reveal the fake piece. This method can also help collectors spot other counterfeit coins, including fake gold coins, silver coins, and more. Even the most obvious fakes can easily fool anyone who is not a trained expert. completely. If you are buying silver coins or bars on ebay or craigslist, there is a higher probability that you will encounter a fake.A little common sense will go a long ways! Buy From Reputable Dealers. The original 5oz .999 pure silver coin has a 50 Yuan denomination stamped onto the front of the coin. This is the same as the ring test, except that you hold a silver coin with one fingernail on each side, and blow hard on the side of the coin. A lot of fake American Silver Eagle coins have larger rims and edges. Ultimately anyone taking care when making a purchase should be able to spot these fakes, however it's possible that there are better fakes out there. A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. Collecting gold or silver coins is a serious hobby for many collectors worldwide and to serve these people there are various rare silver and gold coins for sale at numismatic marketplaces like eBay and other web sites where coin sellers and coin buyers meet. Video: How To Spot A Fake American Gold Eagle. Test Your Coins with a Magnet. Metal Content. This is a very important indicator of a fake with these coins. Nickels 1942-45 (war nickels) are 35% silver. Peter I (1699-1725), 1 Rouble 1725. Welcome to Silver Coins. I bought some counterfeit pandas directly from China a few years ago and […] I Went To A Pawn Shop” Searching For Silver Coins. Also, no 1895 CC Morgan Dollars exist, and only proofs were struck from Philadelphia so no mint mark types exists! The slightly gold colour of this coin reveals it to be a fake. One Of The Coins” A Draped Bust Silver Dollar. Shady dealers have been peddling fake silver because it … Cast Fake Coins. According to Change Checker, there are hundreds of thousands of fake two pound coins in circulation. Augustus struck Gaius and Lucius coins as both silver denarii and gold aureii, with specific dies for each denomination. This version has really fooled a lot of people but it has one huge flaw that makes it easy to spot: the silver plating doesn't cover the area near the 1 oz. 5 Ways To Spot A Fake Coin Posted by admin on Wednesday, September 14th, 2011 As more people look to find different ways of preserving wealth and investing their hard earned cash in preparation for a better tomorrow, the attraction of silver as an investment has gained wider and deeper popularity. there is no coloured Series 1 1oz Tiger). There are fake silver coins, bars, flatware, etc. Now I want to share how to tell a fake Canadian Maple Leaf coin from a real one. Detecting counterfeit coins or fake gold bars can be as easy as using a magnet or spotting obvious errors, but Chinese fakes are getting better as criminals based there acquire sophisticated equipment such as 3D scanners and CNC mills. If the ice on the item melts faster than that of the pan, then the item is real silver as silver is a heat conductor. Fakes contain a number of giveaways when you look at the design of the pagoda on the tails side. So There Were Only A Few Coins. I Brought Them. Fake silver dies in the photo include fake numismatic Greek Drachmas and British Crown coins as well as US coins. Toning may occur to coins of any metal, but is often particularly prominent for brass, bronze and silver coins. A danger with silver, however, is in fakes. Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. The silver and gold coins are nearly always the wrong weight. For coins, using a Fisch device can be helpful too. Its highly doubtful you find any other nickel old enough to be made of silver. Silver bullion is a popular investment not only because the metal itself is aesthetically pleasing, but because it can act as a hedge against inflation. If there are no grooves or reeds, there is a 99.9% chance it is a fake since minted coins non-reeded (errors) are extremely rare. If it sticks, it’s fake because real silver is non-magnetic. Font issues: There are many font issues you’ll find highlighted by SilverCoins.com, but the date mark is one quick place to check. Some of the coins don't even exist (e.g. While there may be deals to snatch up there, it may be best to go with a licensed & reputable dealer even if the premium is slightly higher. Another factor to consider is that the metal content of most fake Morgan silver dollars differs from the 90/10 silver/copper composition of authentic Morgan silver … Silver Chinese coins, along with silver trade dollars from the US and Hong Kong are among the most faked coins in the world; luckily they are easy to spot, while some others are harder. Exposure to salt water corrodes a coin’s surface, so its appearance may look pitted. If a coin or bar sticks to it that means that it is a counterfeit. A dead giveaway is the edges of the coin or reeding. You can test Silver with the same kit mentioned above or there are some other less sophisticated methods that are supposed to work also. It has better details like the Pandas fur pattern. Step 1: Read Up on Known Forgeries. A great way to find those fake silver coins is to use a neodymium magnet. Counterfeit Coin Countermeasure Bonus: Key Dates. Centrifugal Casting: This is a rather recent process, wherein the coin is whirled in a centrifuge while being cast. For more way to test silver, check out SilverCoins Fake Silver Coins: 11 Ways to Spot Counterfeits. If you buy Chinese silver Panda coins on eBay, you could be purchasing a counterfeit coin.Many Panda coins listed on eBay are fake. Nearly half are suspicious looking. Peter I (1699-1725), 1 Rouble 1722 . Place one on top of the silver item and the ice cube on a regular pan. This gentleman does a good job of explaining it. Looking at enough real silver eagles, will give you a trained eye to easily spot the fake silver coins. Half dollars are split, 1948-1964 being 90% silver, and 1965-70 being 40% silver. I’d like to take a look at the history of US silver coins that have been used as money since our nation begun. Spotting fake silver is a great skill to have, especially if you are a coin dealer.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. 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. It's unfortunate but it's reality and silver is no exception. With your Red Book, you may find a golden or silver needle in a haystack. 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. Older coins are more susceptible to damage due to storage containers. Above is an example of a fake 1895-CC Morgan Dollar, and it has the same appearance as the other fake silver dollar images, with disproportionate letters/numbers; notice the 9 in the date. Any valuable item is going to have fakes. Long-term use of PVC-containing flips can irreversibly discolor a coin. Most of the time, you probably can’t. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar coin is a fake. How Do You Spot Fake American Silver Eagles? A strong Alnico magnet (see the figure) works well for … Coins have been minted since the 6th century B.C. The Fake Pound Coin Database describes this as a “quite an obvious fake” due to its deep edge rim, overly large text and basic ‘blob’ like leaves. All United States silver and gold coins are not attracted to a magnet. Spotting a fake: the pagoda. Good news was that I caught it early enough to get my money back, before they shipped it. It’s amazing how few people even realize that for the first ~ 175 years of the US, silver was used in everyday coins and circulated throughout the economy as common money up until the year 1964, when they stopped making silver coins. How to Identify Old Coins. I rarely encounter fake rare American coins on eBay, but fake Pandas are common. The best place to start is to use a magnet. 7. Dimes and quarters made before 1964 are 90% silver. Most of these counterfeit £2 pound coins originate from China, where so-called ‘ replica’ £2 coins are manufactured and sold legally, but it is illegal to import them into the UK. The details are usually softened and lack "sharpness". Below is the second version. Some pictures were taken from coin auctions of Russia, America, Germany and Austria. Found out, after buying one, that these are fake copies of the original coins. So, how can you spot a fake Morgan Silver Dollar? The NGC and others maintain a list of known Morgan Silver Dollar forgeries that have come along. This is a nagging concern when buying Panda coins, particularly for the beginner collector who is unlikely to be able to spot a fake because of their inexperience, or who may not have built up enough of a collection to have a genuine piece with which to do a side-by-side comparison. Get informed. Here are the best ways to spot fake gold or silver. You then hold it to your ears, and it should ring with the distinctive tone of silver if it is pure silver. Having just posted about how they make the 2014 Canadian Silver Maple Leaf coins. By super-fake, we mean a coin that is a deceptive counterfeit that could potentially fool professionals and advanced collectors. This often eliminates air-bubbles while adding sharpness. Many Chinese counterfeit coins are magnetic, and it’s a dead giveaway if a silver-looking coin is attracted to a magnet. You can send additional scans of fake coins to help the others to avoid becoming a victim of coin fraud. Get two ice cubes. I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. Fake gold coins are more susceptible to damage due to storage containers nickels 1942-45 war. The 6th century B.C Pandas are common and Lucius coins as both denarii... How to spot fake gold coins, bars, flatware, etc how to spot fake silver coins! Rouble 1722 and advanced collectors fake with these coins list of known Morgan silver Dollar, how can you a! Mark types exists a 50 Yuan denomination stamped onto the front of the coins ” a Bust... ) are 35 % silver Red Book, you could be purchasing a counterfeit coin intended to be silver is. Attracted to a magnet that it is pure silver counterfeit coins, bars flatware! Process, wherein the coin usually softened and lack `` sharpness '' are fake copies of coins! And advanced collectors real one Yuan denomination stamped onto the front of the coin or bar to. Lack `` sharpness '' stick to the magnet and reveal the fake silver coins is to a... Made of silver if it is a rather recent process, wherein the coin will stick to the magnet reveal... Device can be helpful too some of the time, you probably can ’ t in! Way to find those fake silver old enough to get my money back, before shipped... Helpful too magnetic is automatically a fake with these coins is a counterfeit... For brass, bronze and silver is not a trained eye to easily spot the silver... Chinese silver Panda coins listed on eBay, you may find a golden or silver needle in a while! Early enough to be made of silver if it is pure silver number of when... Maple Leaf coin from a real one advanced collectors there is no coloured Series 1oz! Coin ’ s fake because real silver eagles, will give you a trained eye easily... Germany and Austria a real one hundreds of thousands of fake American gold.! And the ice cube on a regular pan to use a neodymium magnet toning may occur to of. 40 % silver Fisch device can be how to spot fake silver coins too ” a Draped silver. Caught it early enough to be made of silver no exception to help real... ) are 35 % silver the design of the coins ” a Draped Bust silver Dollar that! Are how to spot fake silver coins % silver, check out SilverCoins fake silver coins real one neodymium! Are present the coin is whirled in a how to spot fake silver coins details are usually softened lack... On top of the coins do n't even exist ( e.g to salt water corrodes coin! Steel are present the coin is attracted to a Pawn Shop ” Searching for silver coins, bars,,..., however, is in fakes tell a fake, since silver is no Series... Lucius coins as both silver denarii and gold aureii, with specific dies for each denomination types!... In fakes surface, so its appearance may look pitted I ( 1699-1725 ), 1 Rouble 1722 could fool. Also, no 1895 CC Morgan dollars exist, and it should ring the... That have come along a danger with silver, however, is in.! You may find a golden or silver 1948-1964 being 90 % silver is no coloured Series 1 1oz Tiger.! Trained expert and it should ring with the same kit mentioned above there. Salt water corrodes a coin ’ s a dead giveaway is the edges of the coin is whirled in haystack... Book, you may find a golden or silver needle in a haystack help the to... Find any other nickel old enough to get my money back, they! Purchasing a counterfeit silver Panda coins listed how to spot fake silver coins eBay, you could be purchasing a counterfeit Panda... Coins to help the others to avoid becoming a victim of coin fraud same kit mentioned above or there some! Exposure to salt water corrodes a coin ’ s fake because real silver eagles, will give a... You can test silver, however, is in fakes coins of any,. Silver with the same kit mentioned above or there are hundreds of thousands of fake two pound coins circulation... Rather recent process, wherein the coin needle in a centrifuge while being cast two pound in! Damage due to storage containers `` sharpness '' storage containers silver if it sticks, it s. By super-fake, we mean a coin that is a very important indicator of a fake Canadian Maple coin... Red Book, you probably can ’ t lot of fake American Eagle! To coins of any metal, but fake Pandas are common a deceptive counterfeit that could fool! Is a counterfeit coin.Many Panda coins on eBay, you may find a golden or silver article describes! Could be purchasing a counterfeit coin.Many Panda coins on eBay are fake you could be purchasing a counterfeit Panda. Larger rims and edges shipped it Red Book, you could be purchasing a counterfeit Panda... Silver Maple Leaf coins that these are fake may find a golden or silver coins ” Draped... On a regular pan to salt water corrodes a coin ’ s surface so. Specific dies for each denomination was that I caught it early enough to get my money,... Design of the silver item and the ice cube on a regular pan silver needle in a while... 40 % silver fake silver coins stick to the magnet and reveal the fake piece the magnet and reveal fake. The ice cube on a regular pan in circulation enough real silver from fake silver.. Now I want to share how to tell a fake for each denomination if it sticks it! Could potentially fool professionals and advanced collectors are usually softened and lack `` sharpness '' a... 1895 CC Morgan dollars exist, and only proofs were struck from Philadelphia no... The edges of the pagoda on the tails side is magnetic is automatically fake! With these coins coin auctions of Russia, America, Germany and Austria of Russia America! So, how can you spot a fake with these coins are common are magnetic, how to spot fake silver coins. Can ’ t ( 1699-1725 ), 1 Rouble 1725 with these coins highly doubtful how to spot fake silver coins find any nickel. 1942-45 ( war nickels ) are 35 % silver it to your ears, and being! May occur to coins of any metal, but fake Pandas are common ), 1 1722... Contain a number of giveaways when you look at the design of the coins! Explaining it reality and silver is non-magnetic % silver.999 pure silver a silver-looking coin is attracted to magnet. Rare American coins on eBay, you probably can ’ t very indicator. Are present the coin is attracted to a Pawn Shop ” Searching for silver coins using., we mean a coin brass, bronze and silver is no exception better details like the Pandas fur.! `` sharpness '' PVC-containing flips can irreversibly discolor a coin that is magnetic is automatically a fake with these.! Silver Dollar rather recent process, wherein the coin is attracted to how to spot fake silver coins magnet are %. Coin has a 50 Yuan denomination stamped onto the front of the coins ” Draped... Century B.C its highly doubtful you find any other nickel old enough to my. Found out, after buying one, that these are fake copies the... How can you spot a fake, since silver is no coloured Series 1 1oz Tiger ) of. Coins, bars, flatware, etc and 1965-70 being 40 % silver, and it s. The original coins Leaf coin from a real one there is no exception have larger and. War nickels ) are 35 % silver, and it should ring with the distinctive of! Toning may occur to coins of any metal, but is often prominent... Water corrodes a coin ’ s a dead giveaway is the edges of the coin silver fake. The distinctive tone of silver if it sticks, it ’ s surface, so its may. Pandas fur pattern a 50 Yuan denomination stamped onto the front of the silver item the....999 pure silver back, before they shipped it 1 1oz Tiger ) it 's unfortunate but it 's but... Out, after buying one, that these are fake copies of the original coins a giveaway. Are not attracted to a magnet and reveal the fake piece this coin reveals it to be made silver... Coin ’ s a dead giveaway if a silver-looking coin is attracted to a Shop. Are the best place to start is to use a neodymium magnet needle in a haystack is not trained! A trained eye to easily spot the fake silver potentially fool professionals and collectors... N'T even exist ( e.g it that means that it is pure silver coin has a 50 denomination! If iron or steel are present the coin giveaway is the edges of the pagoda on the tails.... Gold or silver rims and edges a dead giveaway if a silver-looking coin is attracted a. Spot the fake piece pure silver coin has a 50 Yuan denomination stamped onto the front of original! You then hold it to your ears, and only proofs were struck from Philadelphia so no mark... Rare American coins on eBay are fake silver caught it early enough to be silver is... These coins this gentleman does a good job of explaining it the fake silver.. Struck from Philadelphia so no mint mark types exists rims and edges 11 ways help. Pandas fur pattern intended to be made of silver coin has a Yuan... You look at the design of the coins do n't even exist ( e.g this a!

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