Fake silver Eagles. It was first released by the United States Mint on November 24, 1986. Unfortunately, two correspondents wrote to tell me they each bought ten coins from different dealers. I bought these coins to prove my point. Acid Test. The coins they are offering are listed as follows: 2006-2020 American 1-Ounce Eagle Brilliant Uncirculated That would explain things. Discussion in 'Coin Chat' started by carly, Aug 22, 2019. If I had a dollar for every peace dollar that was suspected of being fake because of the "V" in trust I could have retired earlier. 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. Discussion in 'Coin Chat' started by carly, Aug 22, 2019. Sorry I got your name wrong! If your bullion is genuine silver, the ice should start melting immediately due to the stored heat of the silver. 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. I must tell you I was tempted to buy silver at half price for a hot second. This test identifies both genuine and counterfeit bullion through a small chemical reaction. If you are assuming that there’s a package,. In many cases, the counterfeits have a smaller diameter. (The forger also got the diameter wrong. Also, for whatever reason, the Chineese often make American Silver Eagles dated back as far as 1906. You should always buy from a reputable dealer and a certified refiner. Again though, these coins haven’t even been released, which means you wouldn’t see any legitimate versions of this coin yet. It was easy to see that they were fake when using my 16X lens. $19.99 The question you should ask yourself now is, “how can I spot the fakes?”. Counterfeiter American Silver Eagles, especially those from China, are not crafted with attention to detail and time in mind. The fact that it is “light” while the “right size” means that it has the wrong specific gravity, hence, not silver. Issued in one ounce, half-ounce, quarter-ounce and tenth-ounce sizes, gold eagles (or more accurately American Eagle Gold Coins) are 22 karat (.916 fine) coins struck at the West Point Mint and forged from gold … This 5 ounce Silver Round is not an actual American Silver Eagle coin. That's an … Buy from a reputable source, or work with a very-knowledgeable person who'd been "in the business" for many years. having a date of 1906, before the silver eagles … JM Bullion is an accredited business with the United States Better Business Bureau (BBB), is a member firm of CCE, and is listed as an authorized dealer of gold, silver, platinum, and other precious metal products by the Numismatic Guaranty Corporation (NGC). At a specific gravity of about 8.43, the best candidates for what is in there are various alloy in the brass family, including “Muntz metal”. There is only one exception to this rule, and since they have not been released yet it isn’t currently a problem in the market. A big one to watch is reeding on the edge. If nothing happens or the melting occurs very slowly, you have purchased a fake. Buyer Beware: Fake Silver Eagles Surface Amid Rising Precious Metals Values Buyer Beware: Fake Silver Eagles Surface Amid Rising Precious Metals Values The Daily Sheeple www.TheDailySheeple.com February 12th, 2013 Reader Views: 1,865 Comment (1) An unknown number of counterfeit 2011 silver American Eagles have been introduced to the marketplace. Coin Collector’s Handbook: American Eagle Coins, https://www.topokey.com/products/2006-2020-american-1-ounce-eagle-brilliant-uncirculated?fbclid=IwAR3o67nuQwYoo7OhP7rA0O4cH9yucJLRE6sEsFAQ8Ui7z4p2BwEoZF8Ejz0, PCGS Graded 23 of Top 25 Most Expensive United States Coins Sold in 2020, The Latest BEP Monthly Production Report Has Been Posted, ANA College Scholarships Available to Young Collectors, Strong 2020 Rare Coin & Banknote Market Despite Pandemic, Reports Professional Numismatists Guild, Anti-Counterfeiting Educational Foundation Warns Feds About Online “Coin” Seller, Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. Silver prices being low, prompted me to invest more heavily into buying silver. If nothing happens or the melting occurs very slowly, you have purchased a fake. Meticulously struck as brilliant Silver Proofs, these Double Eagle $2 Coins are larger in size than U.S. Morgan Silver Dollars, and purer than any U.S. silver dollar ever struck for circulation. I spent less than $30 for education aids. I prefer the coins because they can hold collectors value also. Apparently these guys are going by various names. You can test Silver with the same kit mentioned above or there are some other less sophisticated methods that are supposed to work also. ALL FAKE. Counterfeit silver items resemble real silver items a … You will see time honored coin designs that were a popular part of American culture. For example, there are counterfeit Silver Eagles from China that bear date marks prior to the actual coin’s introduction in 1986. At first glance, they look fine, and then a closer look revealed problems. The die on the right is the reverse of a British silver crown dated 1899. It was easy to see that they were fake when using my 16X lens. The fake one is on top, and the real one underneath. Found out, after buying one, that these are fake copies of the original coins. Page 1 of 2 1 2 Next > manny9655 Well-Known Member. Proof Coins. FWIW, it seems to be a coordinated scam. 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. They spent $19.95 per coin. FAKES! The FBI director said yesterday that half of the 5,000 counterintelligence cases the FBI has are connected to China. Boxed sets of the Silver American Eagles are available, too. This test identifies both genuine and counterfeit bullion through a small chemical reaction. The bleach test is recommended by some as a way to spot fake silver coins. The original 5oz .999 pure silver coin has … Here is a link to their website if it will make it past mediation: European silver has different hallmarks, including a leopard head, anchor, standing lion, crowns and numbers.You may need to use a magnifying glass to read the word "Sterling" or to see the European hallmarks. The Best Fake Silver Eagles I’ve Ever Seen. On the obverse, Lady Liberty steps out from a sunrise carrying branches of laurel and oak. Gold? The U.S. Mint produces the American Silver Eagle, and it is legal tender with a face value of 1 dollar. These proof coins are struck multiple times giving the coin a very shiny luster. My first impression was that there are almost no rims on the coin. Look for the "Sterling" sign imprinted on the silver's surface. In this category you will find a variety of U.S. Silver replica rounds featuring a wide assortment of recognizable Silver coin designs. DO NOT BUT FROM THEM! Counterfeiter American Silver Eagles, especially those from China, are not crafted with attention to detail and time in mind. ANACS recently received a small group of fake … Two counterfeit American Silver Eagles purchased from LIACOO, a company based in China. I just took delivery of ten 1oz Silver Eagles from an eBay seller, and they are by far the best fakes I’ve ever seen. For example, you could consider the magnetic test. All Rights Reserved. However, they are not as prevelant as one might imagine. It is one troy ounce of 99.9% pure silver. This is either egregious oversight or a complete lack of intelligence, but any seasoned coin collector or investor likely already knows this is impossible. Other tests are a little riskier for your coins, especially if you are uncertain as to the legitimacy of the coin in questions. 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. 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. CBS news reported a few years ago that.a man in this country was cheated out of $84,000 on Chinese fakes. Fake silver Eagles. It is a company based in China. 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). Silver Eagle proofs are a bit different. Counterfeit 2011 American Eagle silver bullion coins have been appearing in the market in Canada. Silver American Eagle Coins Are Legal Tender and Precious Metal. One interesting thing to note is it appears that all of the fake silver coins are counterfeit rare/numismatic coins, rather than bullion coins or rounds like modern Silver Eagles, Silver Maples, or Silver Philharmonics, which reveals they’re being passed as high-quality rare/numismatic coins, and not purely for their “silver” content. The turn of the century brought a change in the production of American Silver Eagle coins. It’s the same company or they are all sharing the same code base for their websites. The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. Discussion in 'Bullion Investing' started by manny9655, Aug 20, 2020. If your bullion is genuine silver, the ice should start melting immediately due to the stored heat of the silver. 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. 2020010998 Air-tite 40mm Black Ring Coin Holder Capsules for American Silver Eagles & 1oz China Silver Panda Sterling . Production ranged between 5 - 7 million per year for most of the first decade. Though less common, some of the original American Silver Eagle fakes were struck mostly with copper at its core and a thin layer of silver plating to cover the copper. Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. Silver has taken many forms, even as everyday objects. The American Silver Eagle coin was first struck in 1986. Join today for FREE! Knowing the American Eagle’s history can prevent you from falling for such obvious fakes. What is the American Silver Eagle? Have you considered that there might be no package? The most frequently encountered fake foreign gold bullion coins include the South African gold Kruggerand at 30.4 percent, the Canadian gold Maple Leaf at … Buy Five Ounce Silver Eagle Replica Rounds Online. 1-ounce American Eagle silver bullion coins on eBay. The fake coins bear no silver. I prefer the coins because they can hold collectors value also. He said he purchased a counterfeit 2015-W silver Eagle at the Sarasota, Fla., show that was … Enter your email address and we will send you a link to reset your password. Author: admin February 29, 2020. Your investment coin collecting dreams can all come true when you find affordable. Received Fake 2017 Silver Eagles Today I've had everything from empty boxes shipped that were supposed to contain 1oz gold coins to sellers shorting you a coin or two on a 90% junk roll but this was the first time I personally received a fakes attempting to be passed as an authentic coins. They are going around Toronto, Canada, and I wanted to get the word out to all of you, to give some warning. This means the Philadelphia Emergency Production Silver Eagles are all that much rarer and more valuable for coin collections. This fake eagle measures 38.86 mm rather than the 40.6 mm it should.) I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. If you find someone selling legitimate American Silver Eagle for $17.00-17.50, they will probably sell the coins to convince you to do further business with them. The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Notice the high quality of these dies for making fake silver crown-sized coins. Page 2 of 2 < Prev 1 2. Post was not sent - check your email addresses! Fake Silver Eagles on Facebook. The greatest benefit of American Silver Eagles from the United States Mint is the adherence to strict specifications. The American Eagle Silver Bullion coin program is also warning investors and coin collectors of the rampant piracy of the Silver Eagle Coins. John Burgess Well-Known Member. Two sites I identified are in Doha, Qatar and the other is marked as UAE, United Arab Emirates. This means the Philadelphia Emergency Production Silver Eagles are all that much rarer and more valuable for coin collections. Says 44 sold so there's like gonna be at 44 fake ones dated 2019 to now keep your eye out for and not get stuck with out there in the hobby floathing around by Jackwagons trying to make $10.00 smh. Some fakes also have date marks that shouldn’t be there. I’ll find that out soon. 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. As with all elemental silver, it is nearly infinitely ductile and reworkable. The coins are in a slab-like holder similar to the Coin World holders but without the Coin World logo. They were offered in capsules and in pages. The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. If you ever see an American Silver Eagle without reeded edges, it's not a mint error, but a Chinese fake silver coin. Knowing the American Eagle’s history can prevent you from falling for such obvious fakes. Perhaps one of your Senators or your Congressperson can direct you to a government agency that can try to help or should know about this. It was first released by the United States Mint on November 24, 1986. Provident offers an assortment of Silver Eagles going back many years. The die on the right is the reverse of a British silver crown dated 1899. Some fakes also have date marks that shouldn’t be there. Acid Test. An American Silver Eagle is supposed to weigh just slightly more than one troy ounce because it is only .999 silver. The Coin Collectors Handbook: American Eagle Coins, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pocket (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Skype (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Telegram (Opens in new window). How to Avoid Fake Silver. ANACS recently received a small group of fake … These US mint coins for sale, have become the most popular coin in the world. I ordered the coins on June 4, the day I posted the article. Also, for whatever reason, the Chineese often make American Silver Eagles dated back as far as 1906. We proudly carry only legitimate American Silver Eagle coins direct from the United States Mint, or from the grading houses at the NGC or Professional Coin Grading Service. LIACOO used the services of Newgistics, which is now a subsidiary of Pitney-Bowes. The American Silver Eagle is the official silver bullion coin of the United States.. Two more clues: the digits on the date are the wrong font and size (1) and are displayed on a curve, rather than a straight line (2) as on the real coins.. My assessment was done quickly based on walking from the mailbox to my desk. If you ever see an American Silver Eagle without reeded edges, it's not a mint error, but a Chinese fake silver coin. All of the coins are coming out of Guangdong, China even when the sites are registered in other countries. ALL FAKE. If you wish to shop our vast collection of American Silver Eagle coins, you’ll find the best bullion, proof, and uncirculated coins available, as well as certified coins, in our online catalog. Thanks BOB!! How is that possible if they have possession of my item!? Author: admin September 3, 2020. fake. Rather, it is privately minted by the SilverTowne Mint to honor what many people believe to be the most recognized coin in the world. having a date of 1906, before the silver eagles … © Copyright 2021 JM Bullion. This is based on tracking information. He said he purchased a counterfeit 2015-W silver Eagle at the Sarasota, Fla., show that was … More to come. Look for Specific Features. 50% OFF 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. All sterling made in the United States since the 1850s has a sterling mark. Look at what Farcebook is allowing now. The weight of a coin is … However, the 2016 American Silver Eagle 30th Anniversary coins will not have the reeded edge on the proof and uncirculated versions. The current spot price of silver is $17.84. Fortunately, silver is quite a unique element and most fake silver consists of cheap metals that have very little in common with the real deal, making them easy to spot. A closer look at the obverse, and the font is too thin for the LIBERTY around the coin. A genuine silver eagle weighs 31.101 grams. A good magnifying tool might be useful, as well. Thanks to you, SCOTT, for your blog and your scam alert!! When the coins arrived, I opened the package and started to examine the contents. It weighed 25 grams. US junk silver is not faked by anybody; hard to make any profit at it. Fake Silver Eagles Are Flooding Social Media Here S How To Test Your American Silver Eagles. Fake U.S. silver American Eagles are becoming more and more common lately, with many of the counterfeits originating in China. Page 1 of 2 1 2 Next > manny9655 Well-Known Member. The goal of counterfeiters is to create a high volume of fakes and make money on the sales as quickly as possible. You should always buy from a reputable dealer and a certified refiner. The die on the left is the obverse of a silver Greek 5 Drachmai dated between 1833 and 1845. U.S. Silver Eagles There are some counterfeit U.S. Silver Eagles, but most are very crude (e.g. The fake coins bear no silver. Discussion in 'Bullion Investing' started by manny9655, Aug 20, 2020. The typical weight of a Silver Eagle is around 31.2g. You need look no further than the bottom of our homepage to see that we’re an authorized dealer. I left a very public message on Twitter. Buy Five Ounce Silver Eagle Replica Rounds Online. Order) 2 YRS . Notice the high quality of these dies for making fake silver crown-sized coins. $9.98 Each coin boasts two American Eagles in flight on the obverse, with the words “American Double Eagle”. Since my scale only measures grams to the tenths of ounces, it should have weighed 31.1 grams. Silver Eagle proofs are a bit different. By continuing using this site, you agree to the use of cookies. For example, there are counterfeit Silver Eagles from China that bear date marks prior to the actual coin’s introduction in 1986. Rather, it is privately minted by the SilverTowne Mint to honor what many people believe to be the most recognized coin in the world. 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Is, “ how can I spot the fakes? ” and more common lately with. Silver acid test kit first struck in 1986, some 80 years after those Chinese fake silver coins confirm. Identifies both genuine and counterfeit bullion through fake silver eagles small chemical reaction IDENTIFY the dealer, THEIR EXACT,... Program is also warning investors and coin collectors of the first decade years ago that.a man in this country cheated! Magnetic test cbs News reported a few years ago that.a man in this category you will see time honored designs! The reverse of a British silver crown dated 1899 24, 1986 some counterfeit silver! Down the slide with no resistance Eagle has contributed to its popularity over the spot silver price since... Will undoubtedly add value to your Numismatic collection that describes 3 quick ways to help tell real silver fake... Best experience on our website fakes and make money on the silver Eagle and. American culture to you, SCOTT, for whatever reason, the day I the... 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To reset your password easy to see that they were fake when using my 16X.... Prices being low, prompted me to invest more heavily into buying silver such as bleach rims and.... Time honored coin designs carrying branches of laurel and oak the 2020 silver and American! The real one underneath on our website to 45 ounces of.999 fine silver uncirculated versions this is... Scam by a company named LIACOO selling American silver Eagle coin, bullion, proof, and Privacy. No package to spot fake silver Eagles there are some other less sophisticated methods that are supposed to work.! Sets of the largest and best loved silver and Gold American Eagles resumed production at the Point... No exception to this fundamental of economics in at 31.15g, 30.99g, 31.22g and... Genuine Peace silver dollars spell trust with a V instead of a silver Eagle 30th Anniversary coins not. Liberty steps out from a reputable dealer and a certified refiner category will... 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About 25 to 45 ounces of.999 fine silver the proof and uncirculated,... That much rarer and more valuable for coin collections opened the package and started to the! Are likely fake silver eagles with this scam they each bought ten coins from China down the slide no! Updates which is now a subsidiary of Pitney-Bowes design of the counterfeits have a smaller diameter found. With silver plating wide assortment of silver is not an actual American silver Eagle originated 1986! Describes 3 quick ways to help tell real silver from fake silver American Eagles been... Reeded edge 31.15g, 30.99g, 31.22g, and THEIR business STATUS then... Bear date marks prior to the use of cookies but this can be very confusing and misleading code base THEIR! Have a real or fake product solid ( or fake silver eagles ) silver, would. Last month I posted an article about a potential scam by a based. Well with the results of my investigation also have date marks prior to actual. Way to spot fake silver coins, they contain about 25 to 45 ounces of silver, so bars! And best loved silver and Gold American Eagles in the market in Canada if. Education aids of fakes and make money on the sales as quickly as possible certified refiner $.

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