Tested SILVER Counterfeit Coins? Fake Bullion!
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- Опубликовано: 3 окт 2024
- Tested SILVER Counterfeit Coins? What Do You Do?
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Tested SILVER Counterfeit Coins? What Do You Do?
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Can you please give us an update when ANACS makes a determination on the SLQ? I’m curious.
That 1885, whoever polished that coin did an amazing job. I wish I could see it in person, I believe you when you say you can see polish lines, but, those mirror fields, and the sharp details, the person who did that has mad skills.
That standing Liberty on the right appears smaller in OD and looks too detailed for a 1917 coin although there are some MS condition examples out there! Great video! 👍
Man, this is discouraging. I'm still new to coins and I know I wouldn't be able to tell those coins are counterfeit.
That's why you only buy from reputable dealers. Not just some random on ebay etc that doesn't specialize in coins. Some people might have been ripped off themselves and never knew also.
hi. just started collecting/investing in coins about 3-4 weeks ago after about 50 years off since i was a little kid. trying to diversify, do something new etc. just wanted to say your videos are really helpful, you are really good at what you do.
These counterfeits are getting scary!😳 Good info, thank you.
Thanks for sharing this, Daniel. I have seen a lot of those types of counterfeit coins (real silver) in Chinese coins, those have exact the same composition as the authentic ones which makes those traditional testing equipment or ping useless. I think the only way to spot them is just like you did: exam the details, since the counterfeit ones likely are caste (some higher valuable ones now are actually stamped!) , therefore the planchet itself or the letters will show sign of casting or less pressures (hard to describe by words here: they looks like "not so solid".) in comparison with the authentic ones.
Thank you for the knowledge Daniel.
I know it cost lot of money send them all in see what comes back..love your videos u help me a lot...
I am honestly surprised that the counterfeiting problem is not more prevalent. If you have a coin (key date) with big numismatic premium over bullion price, it's almost a no-brainer to counterfeit those. You only need to use the right kind of silver and a perfectly made die. This happened with German imperial gold coins. Two guys named Schmidt and Hausmann made perfect copies out of the correct type of gold (900/1000). To this day, most experts cannot tell a genuine imperial coin from a Schmidt-Hausmann copy. They cashed in handsomely from pocketing the numismatic premiums. This brought down the premiums for the entire market, although there are still key dates with hefty premiums. Okay, those guys were very talented but you have to consider that they pulled that off in the 1970s. Today there is CAD software, insanely precise sensors and milling machines. Making perfect counterfeits of high premium US silver coins appears to be a liw hanging fruit.
Thx for the video Daniel
oh my goodness, good thing your around?.
This is in ref to the 1935 standing liberty at the beginning.
Along with the grainy appearance I can see a huge difference in the thickness of the letters in LIBERTY compared to the authentic one. The one in question m's letters appear way thinner to me. Then again I've only been collecting for about 6 months and I started by watching your videos and have been looking for varieties mainly by coin roll hunting from bank rolls they get from the fed reserve. But back to the topic did you pick up on that as well. Note that I paused the video at the point where you had the 2 coins side by side time is 4 min 20sec
Well you did mention rite after that 20 second mark about the date but the other letters and all look thinner as well
Scary! imo
Very interesting video! I'm thinking the quarter may just be a well-crafted fake cast from 90% silver.
A heavily-plated fake might fool an XRF scanner, since they only penetrate to a very limited depth. The Sigma however, wouldn't be fooled by plating alone - as it measures volume resistivity throughout the measured zone of the coin using eddy current induction. You could fool a Sigma by using a metal alloyed or layered to have similar volume resistivity to the target coin being imitated (Try a clad quarter on some of the silver settings).
Thanks. I've also seen several (and owned 1) silver counterfeits. If the numismatic value is signifigant (and especially when silvers price is a bit lower in it's up and down cycles) why wouldn't a counterfeiter use it to mint their product? Makes sense to me. That standing lib. quarter is quite something (?). It would be interesting to know ANACS opinion. Maybe acid treated to enhance details, similar to what's done to buff nickles? Which might account for it's grainy appearance too. Curious coin in any case..
Thanks for the reply,but really not sure what you are meaning, please reread my remarks as I didn't make any offer !? Just commenting on the topic.@@CoinHELPu
@@nicolasrossi5978 sorry I replied to the wrong person.
Daniel always check the third side...edges....that is also a tell if it is fake.
I did. I do this for a living, just sharing my thoughts and experiences here.
Fake is fake and real is real and you just have to live up to the point of it it pays to have wisdom
What are the chances of talking you into sending that SLQ off to PCGS or ANACS, just for the sake of finding out what they say? It'd make a good video. 🤷♂
As to the two quarters, after 1924 the date was recessed to aid in keeping it form wearing off. From 1917 to 1924 the date was raised. It would be better to compare the 1917 to a pre 1924 coin rather than one made later (the 1930).
I agree, but, the date on this coin is either heavily worn or something is wrong. The dates still don't look like this nor are they much different in appearance.
Thanks for this educational video, and for taking these out of circulation!
Hello Daniel
Send the SLQ to ANACS!
I saw the other day where this other alloy (I’m not sure of what it is) is testing as silver even though it’s not which has been fooling some people.
That 1917 quarter should not have the stars below the eagle
There type 1 and type 2, so that’s normal.
The SLQ just has too square and wide of a rim. The coin looks more like a medal than like a coin.
Have you shown us how to do a specific gravity test yet? That would tell you if it's 90% or .999 silver. Easy peasy to do.
The coins are 90% silver, no reason to do a specific gravity test. I do these videos to teach and encourage collectors to know their coins details.
@@CoinHELPu I understand but most of us don't own an XRF or sophisticated device for checking silver content if we expect a fake. A simple SGT can be done at home for cheap. And it isn't ever fooled by plating.
you don’t get it. I don’t own an XRF. I know a fake cause I know my coins, my channel teaches people to know the coins details. SGT doesn’t authenticate coins, my test didn’t authenticate these coins, they’re silver. I made that clear, but there’s something about them that is off. An SGT doesn’t help with that.
I can’t afford an XRF, but it doesn’t authenticate coins either.
I believe the Peace Dollar truly is silver. There have been many replica rounds made out of silver to look like real coins. The Collectible Coin Protection Act of 2014 requires that silver rounds that are made to look like real coins put the word copy on them. Yours has the word copy on it. Granted it doesn't hold value as a Peace dollar, but it still should have value as a silver round for it's silver content. I myself have several such rounds and they are real silver.
It's not, it will not pass the ping test.
I've had a few of the California DMPL come my way...they look absolutely amazing at a little distance but up close their lie is revealed for what it is, polished fields to high heaven.
Another educational video, thanks Daniel 👏
My guess is the SLQ is a dug/found coin. Possibly cleaned with lemon juice.
I’ve never seen a dig silver coin like this. Lemon juice or salt water, maybe.
Thank you Daniel !
THANK YOU DANIEL.
Good looking out, thanks
I just had this discussion not even a few days ago that some will test as silver
They can still make a profit with silver due to paying for the numatic component and 30-40% profit. I would bet that CCP is doing this as well
That quarter was probably dug up from metal detecting. I find some and they'll be textured.
Dug silver doesn't look like this, I've metal detected since I was 4 years old and never have I dug any silver coin that looked like this. I have, however, examined plenty of counterfeit examples with these surfaces.
@@CoinHELPu I'm in the coastal South East and every silver I dig looks like that. I'm holding a 1920 Mercury dime with pits and texture. Our soil is harsh if given enough time.
@@CoinHELPu Sent you pictures via email.
@@Arby1965 salt damaged? Could be that, never thought of that. Thanks
That’s not what this quarter looks like and the date is odd as well as the times are flat. I will be submitting to ANACS for their opinion.
I've been collecting for a long time and if the quarter is a fake, it would fool me.
It looks like its been lazer cleaned. We clean stuff all the time and that quarter reminds me of that.
Good afternoon Daniel from Maryland.
LOL I should have watched all the way to the end 😂
Could someone have reengraved the date on the 1917 SLQ?
No, date is worn but very flat, not unheard of, but still something that gets my attention.
Very interesting
Now you guys are coming up with real silver tested coins that are fake? Then when we take our coins we have gotten over decades to our local coin shops, they can tell us they’re fake and they’ll only pay us peanuts? Shameful.
Silver counterfeit coins have been around since the beginning of the United States, this isn't new. Way to play victimhood, you should be better than making comments like this. If you're not smart enough and wise enough to get the most out of your coins then you need to educate yourself and stop blaming everyone else for your shortcomings.
@@CoinHELPuYes exactly, make the effort to learn your subject. Here in the UK we have antique forgeries which can command higher prices than the real deal!!!
the SLQ is fake. thick date and edges are key.
Cool
To many fakes out there, buy from honest dealers and companies like sdbullion
I don't mind counterfeits just as long as they are made of the same metal composition as the coin was supposed to have. It's all just about the metal. Designs are all cool to look at but at the end of the day it's the underlaying commodity.