Fake Morgan Dollar purchased from a flea market!
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- Опубликовано: 26 мар 2020
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Got 2 of those at a flea market. The lady I got them from wasn't sure they were real and my wife was the one that picked them up. Only paid $7.50 each so I thought it was worth the risk. I kept the other one for future reference. Thanks for all you do! It was neat to see the inside of the coin and for you to prove with better methods it was actually fake. Keep up the good work!
I ended up with a fake, weighed right, size right, looked right, but ping test sounded dead, took it to a Jewlers to be gunned and it came up as zinc copper nickel 🧐 no silver to be found, managed to get money back and kept the Morgan as a good fake reference to remind myself to stay vigilant, happy stacking bro...
@Micheal Williamson Of course
Greg Short
I’d pay $7.50 for a fake. Even if I didn’t realize it til later. Inexpensive lesson.
👍
Have u heard of a 1964 Morgan?
I just got 8 Morgans for $40.00 I watched your show and all are fake. they are really good but no ping like a real one Thanks for the info. I got 1 -1887, 2-1888, 1-1884, 1-1878, 1- 1879, 1-1903, and 1-1921. they are $5 bucks each. Not a lot , but I learned something. Thanks again.
TOM Rockford, Il.
The magnet should have it's own episode! LOL
I think the magnet didn't work also!! I bought some years ago also they sell fakes on ebay also!! The color is off and the weights...feels and sound test is way off
That really is some magnet, now I want one !
Yeah 6:40 in the video, I laughed harder than I should have
Yes, The Magnet should have its own series, I was rolling I am glad I was not drinking coffee :)
The National Cash Register Company, Dayton Ohio always included a "Coin Slab" mounted on the base of the machine, just above the Cash Drawer, coins could be dropped on the slab by the cashier who would listen for a quality ring tone.
60Minutes did a segment on China counterfeiting. There are towns in China were the only business is counterfeiting. Everyone in the town spends their day counterfeiting. It almost make you wonder about the morality of those folks.
It’s more like the morality of the corrupt communist regime, by not only allowing it, but condoning it.
Why does this not surprise me!
Looks like I found a new way of killing a few hours, while on lock down. Very Informative. Thanks !
haven't we all! ha
I have learned new knowledge from you. Thank you so much for taking the time to do this show.
Thank You so much I am now a follower as of today and soon to be a member. I have 2 Morgans I was given by accident about 53 years ago. I was buying a ding dong and some other candy and one of the Morgans was part of my change. I saw it was strange and not a silver dollar I had seen before (I was not a collector at that time) the owner asked for it back and would give me the correct coins. I said no and left, I found out later that day it was a keeper and became a coin collector that day :) I do not remember how I received the second one, however, I am sure it was a similar story. I loved those chocolate pasties.
I'm glad you are running into these too. I bought a pile of fake peace dollars in Afghanistan in 2011. I noticed that they were leaking rust when my tent leaked during a rain storm. I put a magnet to them and they all stuck to the magnet. They were silver coated and good fakes. I kept 5 of the better looking ones to remind me of this lesson.
Sheesh..now I’m gonna go thru ALL my Morgan’s now that as this vid made me somewhat paranoid. I remember back in 2013 there was a shop in Arcadia FL that had acquired 100s of these and the poor woman had been fleeced by someone who had been going door to door offering a great supposed deal on coins. After that incident she stopped offering any coins/bullion which obviously hurts the hobby. Nice video and I’ve been to that flea market u talked about with wagon wheel if FL.
Alot of our young collectors & our beginning collectors need to see this video. This was a great video for everyone. I've collected for 27 yrs and I come across fakes from time to time. I highly recommend everyone to see this video and again, thank you for the share!
Thank you for your input!
Great education for those who are not experienced in spotting fakes. Thanks for sharing.
Being able to tell correctly right away which one was the fake gives me re-assurance in my own collection lol.
Hey Speg excellent educational video! Keep up the great work!
Thanks Speg! I asked the other day how you spot a fake; now i'm gonna ping my coins.
This is an excellent presentation on counterfeit coins , I’ve seen .thank you very much you got to the point right away and I learned a lot , 👍🏽👍🏽👍🏽👍🏽👍🏽
Thanks for the information. We definitely need this. Great video. Thanks Speg
I think sometimes they don't no there fake. I've been Collecting 54 yrs and I bought a fake at the flea market. I thought I was passed that with my experience but I missed it. Nice info speg.
It's very cool you sent him all that swag. Cool guy you are!!!
Speg, the "STATES" on the fake coin are also farther apart. It looks really good for a fake coin. Thanks you for this video, now I know what to look for.
The magnet like that would be most effective with a sliding test. See how slowly the coin slides down.
Just hearing the coins cling on the table is proof enough.
I hated at the beginning you could hear the first two coins as they were put on the table, but the fade muted the sound of the 3rd coin being placed on the table. The giveaway was the un natural tarnish pattern on the back. It screamed fake tarnish polish pattern.
I made a plexiglass magnet drop chute with a small ski ramp at the bottom. Real silver falls slowly and lands in a cup. Fakes fall fast and leaps past the cup. Adjustment of the cup location sorts pennies too. It is a vertical drop with a 1/4 circle ramp off the bottom.
Instinct told me #3 but I wasn't confident. I will be busy 'pinging' my collection for the next while, I didn't expect silver coins to be counterfeitted before this. Thanks, very informative.
Ya got the "Tim the tool man" thing going on with that magnet, wicked strong.
I’m gonna go with 3.....
*Few Minutes Later*
“And it’s 21.2!”
I’m not even a specialist in Morgans! I guess those HOURS of fake coin research has truly paid off!
Great vid. Very educational about tests!
Great information! Just getting back in the hobby. Love the videos.
There's another component to the magnet test in addition to seeing if it sticks to a magnet. While a silver coin will not stick to a magnet, it will react to it. If you move it along a strong magnet, it should encounter some resistance. It almost feels like it's swimming through the magnetic field. Nickel clad coins will not react similarly, nor will tin, or pewter, or tungsten, or many of the materials used in fake coins. Pure copper coins will though, so a silver plated copper coin will feel a lot like a solid silver coin.
Thank you for this training video. Just bought some morgans...gonna test them now.
enjoyed the episode. I have been working on my morgan collection and use the older Sigma as you have, along with other test for piece of mid
That magnet 🧲 was REALLY Impressive! It’s not possible to ping test when you’re buying a Morgan and it is in a cardboard flip. I make it a habit to stay away from flea markets and E-Bay.
I Stick with LCS’s and bullion dealers. Not fool-proof but much less risk of fakes. Great video! 💙
If the flea market really wants to sell you a coin, they should gladly remove them from a 4-staple cardboard sleeve.
OMG I really loved that "a l~i~t~t~l~e shy" tone @8:43, lol I replayed it for several times and it almost killed me. btw nice video
THANK YOU FOR THE INFO. I JUST STARTED AT 82, SELL AND BUYING ON EBAY, AND I HAVE ALREADY GOT MESS OVER WITH FAKE COINS AND I JUST ORDER A PRECIOUS METAL VERIFIER AND THANK YOU
I thought at first glance it was 2 as many others did because it looked too good to be true. It was a nice coin. The weight is the best "tell" because it would be hard to duplicate. The close up comparison is good as well, but you would need a good one of your own to compare it too and a magnifier. However, you would also need some way to identify your good one as the dealer might accuse you of switching it with the fake.
Very interesting and informative video. Nice to have some knowledge of how to differentiate real from fake. I know a good number of us can’t afford the high tech equipment used in the video, I know I can’t, but it’s a fantastic tool to have at your disposal. I have several fakes in my collection, since I could never own real ones, but I bought them as copies. In fact the word copy is stamped on the reverse. I was under the assumption that fakes had to have the word copy on them in order to be sold in the US. I will be testing coins in my collection to be sure, to some degree, that they are what they’re suppose to be. Great job on the video. Thanks.
i have 2 morgans inbound today , can't wait to try this out .
Another great informative video, hopefully everyone learned something I know I did. Thanks speg!
Thank you so very much!😊👍🏼 I did get the right coin! But for sure beware is right! Loved this video very helpful! Lots of Love Bobbi 😊👍🏼
Tone on 3 doesn't look right, but 2 has me wondering and looking closer because I know that year had morgan and peace dollars so may be lower supply date with more value.
I guess right on the fake Morgan, I’m scared to test my Morgan’s ugh lol
The beginning S in the word states is too far away from the T. I noticed that when you did the comparison.
The first time you put #3 down on the table my ears said *Rut-Roe*
The brushed toning on #3 when you first laid them out caused me to pick that one. I'm afraid I have a couple of them I need to get checked.
Even before you started the analytic tests I guessed that it would be #3 because #1 had a fair amount of wear and a faker would not go to the trouble of producing a worn coin. Similarly, since 1921 is the commonest year for Morgan dollars it is unlikely that a faker would produce a fake for that year because even a genuine coin will be of only slight numismatic value above the silver content value. I was pleased that the tests proved my subjective evaluation.
Missed that one. It sure different to me. Great info. I'm buying silver eagles and some gold now and learning a valuable lesson.....thanks
Awesome little video. Thanks!
Great video on how to recognize fake silver dollars. The "ping test" is interesting, because back in the day, specifically in Mexico the Silver coin was bounced on a wooden bar and you could distinctly hear a loud ping. One knew then it was a real silver dollar whether it was Mexican coinage or US.
Thank you so much for this wonderful video I've got a small coin collection that I started in ten mid 1960's all coins from pennies up to dollars and plan to give it to my Grandson. when I go to my just awards I have some Morgans my Dad and Grandfather gave me back in the early 1960's which they had for who knows how long, so I'm pretty sure these will not be fakes since they've been in te family for such a long time I really enjoy watching this and Thank you so much for the information. Blessings to you and yours be safe and well.
I try a different method. #1 is the magnet, put a cloth between the two. #2 Ice. Put coin on your wrist and set an ice cube on coin (you are checking the baby's formula temp). You should start to feel the ice at about 4-5 seconds. I have some beautiful Steels ! They make a great large washer when you need a washer that big!!
Lol my new found interest in coins has been distracted, I need that magnet!
That magnet is a beast!
I am a magician and have a pretty large collection of silver dollars, (Peace and Morgans). I always do the 'ping' or 'ring' test when shopping for coins. I started doing that while practicing and performing because I liked the way it sounded, but I quickly realized that it was a way to catch some fakes.
When you brought out that magnet, I instinctively moved my left arm away from the screen so my Rolex wasn't affected. Then I chuckled at myself. ...Just an automatic reaction. LOL
Thanks for the info!
Lol
Dude, you are doing a great job. Keep it up!
I started collecting recently and feel more like an "honest john'' tester than a accumulator of history..Thanks for the warning signs but collecting is still enjoyable !!
Really surprised you never mentioned the most visible and obvious flaw, the one that allowed me to guess at the very start. The Lady Liberty's chin in relation to the neck was completely, totally, different.
Thank you for the information bc I didn't realize coins can be fake.. Yr video was great.. I have a question,
How come some coins sell for thousands of dollars and others are way less who sets the price?
Great video. Thanks for the education.
I'm already a Subscriber and get all notifications. Coins & Stamps were an early childhood memory for me and 9 to 14 I went to as many shows as I could in the Baltimore metropolitan area. It was exciting that dealers like yourself would give a kid the time of day pre-Internet when it was your business. Like major league sports you have to keep building your base! I've seen videos of the Chinese using lines of stamping machines striking blank Morgan's and I think about so many people who are buying bullion coins as an investment and have only grading books to use as a resource. We were given a Spanish Reales and they live on the beach close to Miami, but it didn't look or feel right to me. My sister put it in a box just as a keepsake. The sticky dollar gave me the impression of being fake due to the high contact points and the brilliant silver shine. I know that the uneducated are taking the natural patina from coins thinking that shiny is better, but oxidation as you pointed out should be uniform, and if it's not it's a case to give one pause.
There's an other test that you could do with silver coins. If is Silver and you scratch on white paper it will be marked with a grey line, almost as a graphite pen. The non silver doesn't leave a marc.
I'm pretty sure that decreases value..
Ryan Davis well definitely don’t go drawing a picture.
Nice and easy test to do thanks and I don't think rubbing an edge on a piece of paper will lower the value of a Morgan dollar
But if a fake coin is silver plated, then this test won’t work.
Lmao That magnet cracked me up
Happy little accident.
@SpegTacular big fan of your channel, from the south but too far to shop at Coin Guy's place. Where should a beginner look to get some of these testing supplies & tools in times such as this? I'm new and using your content as a guide thank you for what you do
Most of these can be purchased from Amazon or EBay.
@@Spegtacular Can the magnets be purchased? If not, where?
Speg, Hi, collecting mostly Chinese coins and I learned something new from you today. As a amateur of coin collecting, I believe I bought many fake and I am getting smarter now, thank you. I am copying your skill today and do a review of my small collection, haha, no better way to spend the time like now
Thanks for the info love the show I enjoy reading all the comments we are a funny group
One thing I like to do is to hold an AU Morgan in my hand at regular intervals (of course, checking its weight first against the average 26.73 grams). You can train your brain to know the correct weight without having to use a scale. This also works for Peace dollars, which have exactly the same weight and dimensions. Looking very closely at your known-genuine Morgan is also good. You'll be able to spot fakes without even knowing exactly what is wrong; you'll just know they aren't legit.
I am not a coin collector, but somehow I guessed number 3. When you put them down on the table, it sounded different. It was too shinny for an old coin compared to the other 2. It seems like they tried to dirty it up to make it look older but failed. That Eagle beak is flawed and the wings are spread further out.
Thanks for showing me how to check for a fake morgan dollar.
Great video. For most stackers, scale, caliper, magnet and the ping test is all you need. I almost can't stand so many videos from "professionals" who advocate expensive testing equipment and skip the ping test.
3 is fake, I'm a coin dealer and collector , I've seen this exact looking morgan plenty of times, color and weight is a giveaway
yup the toning looks all wrong
Called 3 because the nose looked funny to me
dude that magnet has its own gravity 😂😂😂
#3, the tarnish looks like it's the result of one consistent treatment and some central polishing. Tarnish doesn't form so monochromatically and evenly.
Thank for this important information. My first instinct was the 3rd because of the tone but my final choice was number 2. 🤦♂️
You're doing nice work by showing stackers and collectors what to watch out for...Thanks for the upload. I believe the ping test to be best for my purposes...But; I was shocked at the closeness in frequency to the fake coin..The only other metal that rings out that close is brass as you stated and you showed... If I wasn't a musician and blessed with great hearing; it would be hard to tell the difference...Those straight line marks on the fake coin are a good tell tale too!
I'm 43yrs old and I'm not an expert at all..but when you dropped that 3rd coin I knew it was fake ..I became a subscriber to learn ..I don't have the money to buy the coins right now but its good to learn these things...become your own pro
The ping test is really just about the best non-destructive way to tell for those who don't have machine. I've seen fakes that have weighed correctly and had the right diameter (only being ever so slightly off in thickness). While they often fail the rare earth magnet slide test, they always fail the ping test. Of course, this only determines if it is silver and doesn't identify fakes made from silver... or alterations to legitimate Morgans to change them into a key date or mint mark.
There are apps for your smart phone that will determine fake or true coins based on it's ring or ping!
I immediately guessed right because of the fake toning look. I've seen lots of that, because a couple of years ago, just for fun, I was into ordering Chinese fakes. I've got a box full of them.
Should have also done magnetic slide test. Would be interesting to see how coins would slide.
I also use a slide magnet to determine if real. And it,s portable, about a foot long. Doesn't damage the coin.
I knew it was #3 when you picked it up - very characteristic fake patina, and the wrong sound when you put it down. I saw a number of these for sale in a shop in Chinatown in San Francisco several years ago. Having seen the skill the counterfeiters have, I'm not surprised to see them floating around.
In week I getting a two Challenges Coins soon is!!!
1 Carpe Noctem "Seize the Night" Solid Copper Challenge Coin!!!
2 SpartanBlade Honor / Challenge (Antiqued Blass) SC1 Coin!!!
For my Challenges Coins collections!!! :D
Great info. Thank you very much
3rd one has all the visual signs of a chemically applied as opposed to a natural patina, stands out like a sore thumb next to the others. 😂
Very insightful video. Thanks for sharing!
Thank you, I learned something new from you today.
"we're gonna compare states now" ooooo buddy that's not something you should do 😂
My local coin shop got all mad when I started cutting the coins to check them....
Oh, boy! Now I need to go ping my coins. I'm dreading what I might find.
Thanks you!! I found a really good fake amount my collection by looking at the letters. The bottoms of letters like `L`, `B`, `E` and even `T` have a very slight wave. Weight was perfect. Diameter was good, thickness was a tad high, but not crazy. But looking at my entire collection, the letters on this 1878 8tf have waves.
try the ping test.
@@Spegtacular the ping test sounded fine. I wonder if the coin is a VAM.
Great Video.... I got a fake once and I tried the drop test and the dang thing broke..
New viewer! I truly enjoyed this video. Thank you.
Thanks... great educational class
Good video, even now I know over confident individuals who think they are smart for getting a good deal for old walking half’s on eBay. I told them to watch out for fakes. He didn’t think there was enough incentive for them to counter fit them. Some don’t believe it till they see it.
Appreciated the lesson. Thanks.
Thanks for the education 👍
You can also do the slide test with a rare earth magnet test.
Well done. You missed 2 things: On the fake coin, look at the "denticles"; the gear teeth around the perimeter on the obverse. That coin is minted off-center. The rim is noticeably thinner above and behind her head than it is next to her chin. Second, as long as you have your super magnet, you should hold that magnet at a 45 degree angle to your tabletop and allow the coins to slide down the wide face of the magnet. The real silver ones should drop very sluggishly. The brass coin will just drop at the speed of gravity. Paramagnetism. Of course....the missing 5 grams of weight on the fake was an instant tell.
By the way....ANY dead CD or DVD drive contains two small neodymium magnets. They are about 1/4" x 1/4" x 1/8" thick. If you hack those magnets out of the drive, you can use them to test silver coins. Just hold the coin at a 45 (or slightly less) degree angle to a tabletop and allow the magnets to slide down the face of the coin. On a silver coin, you'll see that sluggish slide. I have tested various coins coins of known composition this way. A .999 round; a 90% silver dollar, a 1964 .835 Greek 30 drachma, a Mexican .720 coin, a Canada 50% "totem pole" dollar from 1977, and Swedish 5 Kroner 40% and a clad Kennedy 1965-1969 40%. The test stops working all that well once the Ag content drops to 40%...but that's because the magnets are small. With your super-bar magnet, I would expect there to be a noticeable effect even at 40%.
There's you next video idea, amigo.
I was wondering where it dropped off, thanks!
How about gold, platinum and palladium? Have you tried it with various karat weights of these?
On the mangents you have to do the slide test my fake Morgan did not want to slide it keep sticking
The two real ones have a higher pitch sound. The Fake one has a deeper pitch. Good video.
👍⚪👍I had no clue what one was fake thanks for the information.
I bought an 1889 Morgan silver dollar on Wish. I could choose from about 20 different dates for $3 a piece. It came from China and is super fake. It has a brown tint to it and weighs 23 grams but yet has barely any wear. Excellent information on your vlog.
Great information I have to check my Morgan's & peace dollars bought a few from ebay
Thank u just bought my first three ones a v g . Ones made 63 barcode matched p c g s app . And a 1890 p
I bought a double headed (heads on both sides) morgan dollar at a local flea market that's like 2 miles from my house. The guy that sold it to me, said that he makes them. So he could easily produce normal fakes too, his look legit too, at first glance with no testing.
I purchased a few morgans and one was the same weight looks and diameters as a real morgan.. The only way it was determined to be fake was to take it to my LCS and put it through a metal director. It was 95% copper 5% nickel.