Exposure to salt water corrodes a coin’s surface, so its appearance may look pitted. A great way to find those fake silver coins is to use a neodymium magnet. I’d like to take a look at the history of US silver coins that have been used as money since our nation begun. Its highly doubtful you find any other nickel old enough to be made of silver. It has better details like the Pandas fur pattern. Coins have been minted since the 6th century B.C. Test Your Coins with a Magnet. 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. I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. Get informed. Older coins are more susceptible to damage due to storage containers. This method can also help collectors spot other counterfeit coins, including fake gold coins, silver coins, and more. Welcome to Silver Coins. Toning may occur to coins of any metal, but is often particularly prominent for brass, bronze and silver coins. How Do You Spot Fake American Silver Eagles? It's unfortunate but it's reality and silver is no exception. Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. The original 5oz .999 pure silver coin has a 50 Yuan denomination stamped onto the front of the coin. 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! 7. The silver and gold coins are nearly always the wrong weight. Fakes contain a number of giveaways when you look at the design of the pagoda on the tails side. Font issues: There are many font issues you’ll find highlighted by SilverCoins.com, but the date mark is one quick place to check. The slightly gold colour of this coin reveals it to be a fake. For more way to test silver, check out SilverCoins Fake Silver Coins: 11 Ways to Spot Counterfeits. 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. 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. Augustus struck Gaius and Lucius coins as both silver denarii and gold aureii, with specific dies for each denomination. Buy From Reputable Dealers. If iron or steel are present the coin will stick to the magnet and reveal the fake piece. Counterfeit Coin Countermeasure Bonus: Key Dates. Video: How To Spot A Fake American Gold Eagle. 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. Peter I (1699-1725), 1 Rouble 1725. Dimes and quarters made before 1964 are 90% silver. Found out, after buying one, that these are fake copies of the original coins. 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. You can test Silver with the same kit mentioned above or there are some other less sophisticated methods that are supposed to work also. I bought some counterfeit pandas directly from China a few years ago and […] This is a very important indicator of a fake with these coins. Looking at enough real silver eagles, will give you a trained eye to easily spot the fake silver coins. A lot of fake American Silver Eagle coins have larger rims and edges. Shady dealers have been peddling fake silver because it … A strong Alnico magnet (see the figure) works well for … 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. You then hold it to your ears, and it should ring with the distinctive tone of silver if it is pure silver. Some of the coins don't even exist (e.g. 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. Most of the time, you probably can’t. 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. Now I want to share how to tell a fake Canadian Maple Leaf coin from a real one. completely. 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. For coins, using a Fisch device can be helpful too. So, how can you spot a fake Morgan Silver Dollar? Half dollars are split, 1948-1964 being 90% silver, and 1965-70 being 40% silver. So There Were Only A Few Coins. I Brought Them. 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. By super-fake, we mean a coin that is a deceptive counterfeit that could potentially fool professionals and advanced collectors. there is no coloured Series 1 1oz Tiger). If you buy Chinese silver Panda coins on eBay, you could be purchasing a counterfeit coin.Many Panda coins listed on eBay are fake. 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