NGC recently received a submission of 14 seemingly Gem Uncirculated Walking Liberty Half Dollars. The “1893” of the counterfeit example has digits that look almost hand cut with different sizes to the numbers. The following photographs are meant to show the differences between these attributes on a counterfeit example and a authentic example. This counterfeit 2013 American Eagle silver bullion coin is one of 10 a buyer purchased through a Facebook advertisement. Check out our most recent posts for changes in schedule and upcoming Walk-In Workshops. There are many types of silver coins … On the 1904-O, the denticles are much more defined, full-bodied and the rim is separated by a clear line as if it where just a few millimeters higher. I have a 1795 draped bust centered that weighs 22.7 grams is there any way it can be real? Only 1 left! Counterfeiters are using much less sophisticated machinery and therefore it shows. The die is 180 degrees rotated (a common problem because the Chinese think our coins are rotated the same as theirs) and it sticks to a magnet. Or my son bought two old coins for very little money from someone who didn’t care what he sold them for. What metal are the fakes mostly made out of? Superbly struck. Don’t think that somehow there is a reason it could still be real. While they have odd luster … Remember, it doesn’t matter if it is only $25, if it is fake, it is your hard earned money that you are wasting. As they were sold to my grandson for almost nothing, I thought “fake”! With the current counterfeits that this article is dealing with, the primary attributes that are immediately noticeable by the trained eye are: mushiness or softness of strike, irregular reedmarks and denticles, irregular lettering and raised bumps on lettering and in the fields. With regards to United States silver dollars, real coins weigh between 26.73 grams to 27.22 grams in total weight and are basically struck in .900 fine silver. The fact is that human perception is better than we think and I would bet most people know deep down inside that this coin is fake when they see it. Popular Silver Dollars. Bleach Test: Real silver tarnishes very quickly, whereas many of the metals commonly used to fake it do not. B) The Large Washington Head silver dollar: This counterfeit, more than any other, makes me laugh every time I see it. Seconhttp://meridiancoin.com/wp-admin/post.php?post=1315&action=editd Step: Was the coin even actually made by the U.S. Mint? While I am not going to get into hardcore counterfeiting techniques and the different methods in this article, I am going to show you a few basic characteristics of the coins that I see, and get called about, on a daily basis. There are so many things that are wrong with counterfeit that just look at the picture and take my word for it. If you are shopping a brick-and-mortar location or receive an American Silver Eagle coin without a reeded edge… It is NO good. These are the most common dates that I see in these “packs” of counterfeit dollar coins. Whether you're new to Precious Metals, or just new to APMEX, we're glad you are here. Hundreds of thousands of fake coins … No ferrous metal in them, sharp letters, clean appearance, . TY If there is an immediate reaction, with the piece tarnishing and blackening, then you may have real silver on your hands. Due to its value, this coin is an … I mean, come on, it does not even look like it could be real. Now it is time to get numismatic. $2.95 shipping. Silver dollars are the most popular silver coins produced by the US Mint for general circulation, and offer collectors a world of rare variety to hunt down. I guess I can call them ART….Ha! The difference is huge! Silver … Everything is wrong with this coin. There are only 15 genuine 1804 dollar coins known to exist. As much as I love the daily calls inquiring about how much the 1795,1796, 1804, 1848-CC, the ridiculously large Washington Head dollar (my favorite) and other wonderful rarities are worth, I have decided it is time to put this stuff out there so many of you can quickly discern whether your coins (that you most likely bought for $25 with a vision of selling for $250,000) are real or counterfeit. I can tell you that once you have felt it, it is a key characteristic to quickly rule a coin a counterfeit. The entire coin is mushy and off-color. When I look at the counterfeit edge reeding, I envision some poor guy sitting in a stinky basement use a chisel to hammer the reeding into the coin while his criminal leader yells “Faster,faster”. The first thing we will touch on is strike. Thank you for your advise and explanation of the differences. So, if your supposed silver dollar does not stick to a magnet, you have won big time……uhhh, no. Why? In this particular example, I have chosen the 1893-O Counterfeit Silver dollar that we see weekly versus and original 1904-o Morgan Silver Dollar. Beautiful 1880-S Morgan Silver Dollar … The rim is rounded as per your article. Thank you. No fake that I have,I bought them strictly to collect,ever stuck to a magnet. Your email address will not be published. I checked the … Found out, after buying one, that these are fake copies of the original coins. TLS, I have about 15 with different dates I’ll check them what’s the date when they are real and spendable? In the photos to the left and right, you can clearly see the difference between three key attributes of the counterfeits that this article pertains to versus a genuine coin. They are as follows: A) 1847-CC, 1848-CC and 1864-CC Seated Dollars: Here is the deal on these coins. In this video I examine a 1903 S Silver Dollar. Thank you very much. I enjoyed reading the breakdown. Is there any value in them, they are well made fakes! I cannot expect someone who has not been associated with coins for any amount of time to understand the natural heft of weight that a real silver, gold, platinum or palladium coin has. This Appears to Be a Full-Fledged Counterfeiting Operation, and is Suspected of Pumping Out THOUSANDS OF FAKE … Then after reading what you said about fake coins, I KNEW it could not be real. They passed the magnet test (and the sliding magnet test) and the diameter test. The ones that concern us the most are coins made to intentionally deceive a coin collector out of his money. The denticles are the little squares coming off the rim, not a dental tool used to scrape plaque off your teeth. Just (won) bought (4) 1896 Morgan Dollars off Topphatter 90 second bidding. I purchased two (2) 1799 draped bust silver dollars on ebay. $51.00. 17 bids. Lettering is off and grainy. Either these crooks are getting very very good at making fakes now. Just the overall sharpness is apparent. Magnetic Test. On good side…Only seven dollars bid (shipping included) “won” them. it has a very slight edge around the coin, reeded edge .. and many scratches on both sides of my coin , probally 20 or so scratches? Fake and countefeit images of US American Peace Silver Dollars for comparision, to authentic and identify a potentially fake Peace Dollar Coin. They look like they might even be proof Morgans, which would almost certainly be struck on a machine that uses hand-fed coin … 1878-1904 ~**ABOUT UNCIRCULATED AU**~ Silver Morgan Dollar Old Rare US Coin Lot! Take thm to the police due to the measure of details so.eone has done? However, when weighting, one weighed 26.72 grams and the other weighed 26.39 grams. However, to untrained eyes, most people don’t realize the difference between authentic and counterfeit silver dollars. my 1795 flowing hair leaves me confused the coin has a embossed look , weighs around 20.17 grams? the back of the coin has the smaller eagle. Free shipping. Weakness of strike is plainly seen here. The 1906 Ellis Island silver dollar is 100% fake because the real coin was not struck until 1986 by the U.S. Mint as a silver commemorative dollar. With that said, in today’s world we still always have to be very careful, especially dealers and traders. Not sure where to go from here. Fourth Step: Is the Coin Mushy, Irregular, Bumpy, etc…. These are things we will touch on later, but for now, just know that this coin is no good, just like the 1865 Washington Head travesty. Magnetic Slide Test. I venture to say that there’s thousands of fake and counterfeit silver dollars in existence, but most are obvious fakes. The Carson City Mint did not open its doors until 1870. Silver … Fast & Free Shipping† On Orders Over $99! But…..silver coins do not stick to magnets! Technology has made the numismatic existence portion quick, you no longer have to go to some coin shop and ask a guy who looks like Yoda for his reference books. The Chinese Counterfeiting Ring Exposed in the Photos Below is Not A One Man Operation. The NGC and PCGS also recommend purchasing … If you go to my “Counterfeit Coin Gallery” you can see images of all of these. Fake Silver Coins: 14 Ways to Spot Counterfeits 1. There is nothing left to be said. Now it is time to go through the process of determining why these are fake. $41.95. I don’t know if it’s real or counterfeit. If you place an ice cube on your new “authentic” silver coin and it does not immediately begin the melting process, odds are you have a fake on your hands. Silver was the primary metal used to create U.S. coins before 1965. The magnet doesn’t move it at all. What metal are the fakes mostly made out of? 1873 Pattern Trade Dollar, 1874-CC Trade Dollar, 1875-CC Trade Dollar, 1885-CC Trade Dollar, 1883-CC Morgan Dollar, 1893-O Morgan Dollar, 1896-O Morgan Dollar and 1898-O Morgan Dollar. However after going over and over with all the points and signs of not being real were, I have only this to say- The Sheldon Scale grades Carson City Morgan Dollars 1878-1921 Silver … But you may have to act fast as this top replica coins is set to become one of the most sought-after best-sellers in no time. 4. Please keep in mind that this advise only applies to coins that are parading to be a silver dollar, there are of course other coins that are rare that do not stick to a magnet. The photo here shows a 1864-CC that is fake whether it sticks to a magnet or not because the 1864-CC could not possible have been made due to the aforementioned facts. The good thing is that crude fakes are as easy as hell to spot once you have seen a few. The second attribute we can see in the comparison of these two images is the definition of the numbers in the date. So, place a drop of bleach on the piece and then wait. Please call or email us to request a day and time. This method can also help collectors spot other counterfeit coins, including fake gold coins, silver coins, and more. Most of them are fakes, because genuine coins are so valuable. Coin Replica Silver Rounds Since the first Silver U.S. coinage was issued, the designs have been extremely popular. If we look at the 1904-O, the genuine coin, we can clearly see the detail of the hair in the same place. Give up, drink a beer and don’t buy the same counterfeit coin twice. This is a 100% genuine coin. Denticles look too variable and the rim is suspect. At this point, we have three really good techniques for quickly sizing up a coin when one first views it. In some cases, just a photo of the counterfeit is offered with an explanation of what you are looking at. At this point, I have tried to cover the most basic aspects that will hopefully help the individual collector or treasure seeker to protect themselves against fake coins. If the coin that is supposed to be a silver dollar sticks to a magnet, guess what, game over. I would like to know what should I really do? Should I be worried? This is one of the "better" fakes as the weight is almost spot on and the coin is not magnetic. So…I guess the coins are fake. Check for the price at which the trade coins … Obviously, the actual U.S. Mint dies impart an enormous amount of pressure. Additionally, the chances of you really buying a bag of coins worth $250,000 at a gas station or flea market is basically zero…sorry. 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 dollars. So,here is the breakdown of dates for the most common counterfeits that are out there right now. Think how jealous you’re friends will be when you tell them you got your replica coins on AliExpress… C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. When we look at the 1904-O, the letters look like they were stamped hard and the uniformity among digits is very obvious. The shipping company uses a N.Y. address to ship the coins from Shanghai. The “CC” that is stamped at 6:00 on the reverse just above the rim is called a mintmark and it is meant to denote from which Mint location a coin was struck. Fake silver coins may or may not have a silver-plated finish on them. The surfaces are very granular. There is an enormous amount of counterfeit coins circulating around the Los Angeles area, and truthfully in the world. A coin cannot exist if it was never made and we need to understand some basic things, with regards to our study sample here, in order to determine if any of the coins are counterfeit for the sole reason that the issue was never produced by the U.S. Mint. Some of the designs have even been renewed on popular Silver products today! These coins normally come in a sheet or bags of 10-12 coins and contain the following dates: 1795 Flowing Hair and Draped Silver Dollar, 1796 Flowing Hair and Draped Bust Silver Dollar, 1797 Draped Bust Silver Dollar, 1799 Draped Bust Silver Dollar, 1847-CC, 1848-CC Seated Dollar, 1864-CC Seated Dollar. The original 5oz .999 pure silver coin has a 50 Yuan denomination stamped onto the front of the coin. What should I really do made out of, then you may have real silver on your fake silver dollars KNEW... Advise and explanation of the designs have even been renewed on popular silver products today Island silver is. 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