Fake Silver Coins & Bullion? Learn How to Tell for Certain
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- Опубліковано 5 сер 2024
- In this video I teach you three crucial skills to help you determine with 100% certainty that the gold or silver coins or bullion rounds you bought are authentic or not. These skills are the most important things you can learn as a numismatist, silver stacker, or precious metals investor--seriously. Please watch this video and share it with your friends to make sure you don't get scammed!--Learn more here thesilverpicker.com/how-to-sp...
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#coins #Silverstacking #Bullion #Investing - Навчання та стиль
With the magnet test you're supposed to slide the coin across the magnet at a 45 degree angle, a real silver coin will slide slowly With some resistance, a fake, even if not magnetic will slide without any resistance quickly.
Copper is also slides slowly, so this test only to find fakes, not real ones
I really appreciate this video Silverpicker! I’m new to the whole silver/gold coin world and watching your videos really helps!
Good stuff to know. Hope I can avoid getting scammed!
Absolutely brilliant video. Helping the community. Top man!
This is fascinating stuff. Thanks!
Very informative video! Only thing is, at the end when you're discussing the 1888-CC Morgan, you speak about it as if that date/mintmark actually exists. No Carson City Morgans were minted that year. So we know it's a fake--even without the tests! 🙂
You should own a coin shop with you vast knowledge, you are obviously a bright person and I believe you are a salesman at heart. I watched your past videos and believe you have a calling. Thank you for the videos, goog content.
Thanks for the info!
Thank you. This is terrific.
Excellent education.thank you
Wow really amazing video!!! :D
Awesome video, thanks!!
Nice video thanks for the tip
I noticed that the sun on the real silver eagle coin was more convex than the fake one, which was more flat and seemingly smaller than the real one.
Great video. Now I've got to go and test all my silver coins!
Definitely will give you peace of mind!
I think that a good lesson to explain is from where to buy has to be from a Reputable seller to begin with.! If it is not Graded, I would be Leary. I only buy bullion from a reputable dealer.
Another thing is to show what a neodymium magnet looks like on Real Silver...
Also,, instead of a caliper test if the weight and magnetism doesn't set you off, I would go with a chemical test before I would think about a caliper test,,
Great Video, here in the British Commonwealth world, we collect a lot of coins that were 50% silver between 1920 and 1947, would these coins react to magnets, as they often had 40% copper and also trace amounts of Nickel and Zinc. Also South African and Canadian coins were 80% silver and many Copper Nickel coins of post 1947 are worth lots in top condition, how would magnets react to these.
Thanks For sharing
Thank you!
I love your videos and you have a large enough following now to afford some better audio setup, either make a little studio where you record or hang a lot of fabrics to dampen the echos that's very annoying in this room. Please keep up the good work.
Hey Carl, thanks for the frank recommendations and the words of encouragement. I agree with you! If you watch my latest videos you'll see that I got a new microphone that helps a lot. It's not perfect, but I'm improving :)
Thank you 👍
Very good video 👍🏼
Thank you silver picker you are the man thanx
9:15 did you catch that its not a screen error because it literaly moved the morgan dollar
Will you make a video on die variations and other specialties for years?
Hello everyone I need your help I know this is not silver but i found the 1944 penny and it has a big error it has a huge gash where the date is and then the date was stamped over I need help please read silver picker
i tested my 2020 maple 1 oz diameter 38 but its reading 37.80 and thick of 2.99 stndrd is 3.12 so is it ok? it pass the mgnet and wt test
Love this video
Great video
I am getting real confused if the measurements are below regular can you help?
Great video! It is unfortunate that anyone would try and scam anyone with fake coins. I was at a local Los Angeles Flea market, and found some of these coins. They were so real looking and the seller was selling them as real for $3 each. I told him I knew they were not real and I asked that he stop selling them to people acting as if they were real. Not sure if he will actually change his practice, but I did try.
Sorry to hear that. Unfortunately it's unlikely that he'll stop
I will learn alot from you
Thanks!
I only just saw this! Thank you so much for your generosity!
Nice!
I have just purchased a "silver 1906 rupee" i searched online is silver magnetic and it passed that test but I found a fake one made of copper and also that isn't magnetic so now I'm lost
Thank you I just went through and weighed all my Morgan’s because one weighed 26.50 I thought it was fake ! Sheeeweeeee ! Scared me for a minute
I would be curious to know what you paid for each of the fake coins (if you want to share).
Also, is it illegal for these coins to even be in the USA ? I always thought to be 'legal', they have to have the word "COPY" stamped into them so that people do not mistake them for the genuine coin.
Great vieeo
Cool informing everyone. most dont look at description listed where some of the stuff they do say what really made of and not intended for anything other then for prop usages. May be new to coin collecting but have collected various things on off from Comic Books, Graphic Novels still have those, Non Sport & Sport Cards, Gaming Cards, Action Figures, etc and always did research if wasn't sure. Most just see what they think is something of value and buy just like most think every coin without mint mark is thousands of dollars rare, they forget or unaware that its Philadelphia if No Mint Mark unless noted like 1965, 66, & 67 No Mint Marks from any Mint when collectors blamed for coin storage or in rare case mint mark wasnt added when people actually did them by hand. Still Awesome to keep anyone collecting whatever it may be aware of the dangers of buying in person, mail, online, etc. Thanks. B
As an informative vid as the coin slippery dip vid. Cheers.
You earn your pay from online. Very cool video.
What about the sygma tester
What if it's silver plated lead or some other crap metal
I read somewhere that if you place an icecube on a real silver coin, it melts faster than on a fake coin, not sure how true is that
I've heard that too, but have never tried it
Hey silver picker I got a dos pesos Mexican coin and it said it should be 1.5 g but it's really 2.2 is it real or fake?
If it's off by that much it's probably fake. Or you have a 2.5 peso coin and you misread it 😁
Now you know why you always hear stories of ships being found with thousands of gold and silver coins. Gold and silver is worth more when made into old coins. In days gone by there was very little done to prevent counterfeiting because it was either real gold/silver or it wasnt they did not think people would make copies of the coin 150 years later.
Truth
Thanks for telling us this I just spent $400 on fake silver....
Im sorry to hear that I spend around 10 euros on fake coins
Can you tell us more?
I bought over a $1000 worth of Morgan silver dollars on OfferUp ALL FAKE!
I new i could get a refund if I reported in 2 days so I ended up getting my money back.
The only reason I buy counterfeit coins from wish is because I use them to make necklaces belt clips rings and other stuff and I make some profit and so people know they’re not valuable I use a diamond tip pen to mark copy on the coin so people don’t get they’re hopes up
That's kind of cool. Really good that you mark copy on them
I don't need any of this. I've seen so many fakes that I only buy from reputable online bullion dealers. I don't buy from individuals or local coin shops.
Another cheap and very simple test is the old tried and true "ping test". Silver coins just have that ringing 'sound'. If it doesn't pass THAT test beware and test using the methods here.
0.1mm= .003937". About the thickness of a sheet of paper.
Just got 10 2020 year Liberty Eagle 1.oz 999.fine sliver it's Fake the flip was not right and weight was off by 5 grams. Lesson learned hard way . Box was ship from China to Jamaica New York to me lesson learned
I like to balance coins on my finger and test them with my magnet. Real ones won't move unless you tough them with the magnet, fake ones move if you get your magnet close to them.
Correct, though some fakes are not magnetic also
I bought some of these fake coins form China off of Ebay but never got them I think customs may have confiscated them
Hi!
Hey man. I really enjoy your videos. Actually I've learned alot from you. Recently I got a 1966 fb roosevelt dime in change that is beyond beautiful. I posted a video of it on my channel and if you wouldn't mind taking a look at it and giving me your expert opinion on it I would be very grateful. Thanks a million! I look forward to more videos from you!
Really glad you're enjoying my videos!! I'll take a look!
IS JM Bullion fake?
🙏!!!
How much is a 1999 silver eagle worth
A few dollars over spot
most fakes have overdone patina, thats why i always skip coins with suspicious looking patina
Very true
How much did those coins cost
the fake ones were a couple dollars a piece
There are digital calipers made out of carbon fiber that's non marring, they cost the same so I wouldn't get anything else.
That's a really good point!
My test is the vam test
It still amazes me that the US government does not do something about all these well known websites from China that sell fake coins. If someone in this country produced one of these they would go to prison. GD
China has been allowed to copy and fake everything from aftermarket car parts to gold and silver coins. They know our government will do nothing so they continue to do it. Now ask yourself, why would they allow this to continue? Not to hard to see how corrupt, bought and paid for politicians are destroying this country.
Can you melt counterfeit silver coins
For what purpose?
@@Silverpicker so I can make silver bars out of them
@@theghoul2303 If the fake is real silver, sure you can melt them. There's fakes that are made of melted cull coins, so yeah, the silver content could be correct.
Do. You know how much. An 'ens causa. Sui.. CONTINENTAL COIN'. Weighs & their size?! ... I Need to kno, bfor. I spend. $3000 for. 1-3x ?? O.o
It's too late I already bought the 1888
Dang that fake Morgan looks good
I was the first person here
If you are going to be a serious stacker you seriously need the Sigma metalytics. You will sleep better at night.
Maybe someday. I'd love for them to sponsor me!
I wish I saw this 1 week ago. I got the same wish coins but I gotten from a bank.. I thought they was real because it was a bank I gotten from. I'm hoping to be able to carry them back.. It was the peace dollars. I should of known cause it says IN GOT WE TRVST... Not trust.. Smh
John Cox I don’t know if you’re joking or not, but that’s how the peace dollars are.
@@JacobGonzalezCoins what do you mean that's how they are? No I'm not joking. I looked them up on wish it's dates 1821-1828 & 1834, 1835 just like on wish. I'm going to see if the bank will taken back. If not they're copper I do scrap also. Lol
John Cox what year is the coin and also the peace dollars are made like that
@@JacobGonzalezCoins 1921-1928 and 1934 & 1935 the same as on wish.. They're acually peace dollars. They weigh 22.76g can't be right. I have so many coins idk who I could begin to get advice from. Specally all the double die wheat cents I got. Also have 2 of the 2019-p memorial park one, they both have blobs of material on the strips on the American flag and in her hair. All I can do is pure up cause idk if it's worth more than face value or not.
John Cox they may be real though so don’t get rid of them
Can't understand what you're saying with all the reverberation. You need acoustic panels. Gave up 1 minute into the video.
Bigger than a normal one, but what if its even more gold? Lol
Hahahaha
Booger picker here
I just have them run each coin over the (9999) machine, yes no, gold or Silver.
Could that be a set-up, I'm a caveman so sure, but someone would have caught it. Reputation
I'd like to entire the contest but I'm sure this is the wrong video ughhh
First
How much money did you spend intentionally buying counterfeit coins for this video?
More than I’d care to admit 😂
Like 👍
Do you have a day Job anymore? Lol