However, they are not as prevelant as one might imagine. 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. 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. In fact, you are the only person I’ve spoken to in over 2 months that has actually had something delivered by Newgistics. US junk silver is not faked by anybody; hard to make any profit at it. Discussion in 'Coin Chat' started by carly, Aug 22, 2019. I saw enough at that point. Both lost over $200 with the shipping costs. $9.98 A lot of fake American Silver Eagle coins have larger rims and edges. It is not a friendly country. 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. Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. All Rights Reserved. You should always buy from a reputable dealer and a certified refiner. FAKES! The coins they are offering are listed as follows: 2006-2020 American 1-Ounce Eagle Brilliant Uncirculated Without them I would probably be out some $’s. It makes no sense. I left a very public message on Twitter. Apparently another company from Hong Kong, (at least that’s where they say), named TOPOKEY is offering the same scam. 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 … Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. having a date of 1906, before the silver eagles … It is missing the tail on the right side of the U. I did not need to see any more to be convinced this was a fake coin. Gold? And, they contain about 25 to 45 ounces of silver, so the bars are not a total loss. These proof coins are struck multiple times giving the coin a very shiny luster. 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. https://www.topokey.com/products/2006-2020-american-1-ounce-eagle-brilliant-uncirculated?fbclid=IwAR3o67nuQwYoo7OhP7rA0O4cH9yucJLRE6sEsFAQ8Ui7z4p2BwEoZF8Ejz0. The 2020 Silver and Gold American Eagles resumed production at the West Point Mint on April 21st. In many cases, the counterfeits have a smaller diameter. An American Silver Eagle is supposed to weigh just slightly more than one troy ounce because it is only .999 silver. I’ve had a package held hostage by them for over 2 months now and in my searching for more info into how I could possibly get them to send me my package, I’ve discovered quite a few alarming items. Notice the high quality of these dies for making fake silver crown-sized coins. John Burgess Well-Known Member. The Chinese are stealing from this country left and right. It weighed 25 grams. Fake proof 2015-W silver American Eagles have been reported by Numismatic News columnist F. Michael Fazzari, who works for ICG grading service. They are going around Toronto, Canada, and I wanted to get the word out to all of you, to give some warning. Page 1 of 2 1 2 Next > manny9655 Well-Known Member. My first impression was that there are almost no rims on the coin. Enter your email address and we will send you a link to reset your password. The result of this effort is a variety of flaws that you can catch with a keen eye. Provident offers an assortment of Silver Eagles going back many years. Fake U.S. silver American Eagles are becoming more and more common lately, with many of the counterfeits originating in China. That's an … 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. Notice the high quality of these dies for making fake silver crown-sized coins. The bleach test is recommended by some as a way to spot fake silver coins. As with all elemental silver, it is nearly infinitely ductile and reworkable. It was first released by the United States Mint on November 24, 1986. I prefer the coins because they can hold collectors value also. The striking design of the Silver Eagle has contributed to its popularity over the years. More to come. For the untrained eye, distinguishing real from fake silver can be very confusing and misleading. By using a logistics company in this manner, they can hide behind the anonymity of the service. John Burgess Well-Known Member. Rather, it is privately minted by the SilverTowne Mint to honor what many people believe to be the most recognized coin in the world. The Best Fake Silver Eagles I’ve Ever Seen. Unfortunately, two correspondents wrote to tell me they each bought ten coins from different dealers. What kind of silver are these coins made from? © Copyright 2021 JM Bullion. But this can be disadvantageous as well with the proliferation of fake silver items. Page 1 of 2 1 2 Next > manny9655 Well-Known Member. 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. Here is a link to their website if it will make it past mediation: With Fake American Silver Eagles on the Rise, How Can You Spot the Fakes? Otherwise, you may want to check the company further. I prefer the coins because they can hold collectors value also. The turn of the century brought a change in the production of American Silver Eagle coins. Well yes. i just received 5 that i paid $45 for, i compared to an original and your right, as long as it is solid silver i guess i made out ok, thanks for the update. All sterling made in the United States since the 1850s has a sterling mark. Again though, these coins haven’t even been released, which means you wouldn’t see any legitimate versions of this coin yet. 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 … A fake will move down the slide with no resistance. Rim & Edge: The United States Mint uses the latest technology to strike American Silver Eagle coins, and follows very specific dimensions for all facets of the coin’s design. The die on the left is the obverse of a silver Greek 5 Drachmai dated between 1833 and 1845. 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. A closer look at the obverse, and the font is too thin for the LIBERTY around the coin. The die on the right is the reverse of a British silver crown dated 1899. Counterfeit 2011 American Eagle silver bullion coins have been appearing in the market in Canada. If you are shopping a brick-and-mortar location or receive an American Silver Eagle coin without a reeded edge, this should be your first sign that the coin is a fake. This means the Philadelphia Emergency Production Silver Eagles are all that much rarer and more valuable for coin collections. Have you considered that there might be no package? You can test Silver with the same kit mentioned above or there are some other less sophisticated methods that are supposed to work also. That’s the only advice I have. The current spot price of silver is $17.84. 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”. Look at what Farcebook is allowing now. In this category you will find a variety of U.S. Silver replica rounds featuring a wide assortment of recognizable Silver coin designs. The Chinese website says they are brass with silver plating. The 1-ounce American Eagle proof silver bullion coin is made from real silver bullion. Look for the "Sterling" sign imprinted on the silver's surface. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. ALL FAKE. 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. CBS news reported a few years ago that.a man in this country was cheated out of $84,000 on Chinese fakes. That must be where the fakes are made. Diameter: All American Silver Eagle coins, regardless of date mark, have the same diameter. Silver Eagles can often sell for less than $2.50 over the spot silver price. I do not know the composition. If nothing happens or the melting occurs very slowly, you have purchased a fake. Contacting Pitney-Bowes is nearly impossible. Agatha Christie’s famous detective Hercule Poirot has a saying that applies here. This fake eagle measures 38.86 mm rather than the 40.6 mm it should.) 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). Two counterfeit American silver Eagle effort is a variety of U.S. silver Eagles, of course my.... Fake US $ 20 double Eagles with a very-knowledgeable person who 'd been `` in world... It on the coin too thin for the untrained eye, distinguishing real from fake.! It were solid ( or.999 ) silver, social, test revealed problems is... 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