Look at the bonnet on the back of Liberties head. If it is smooth with no folds even though it shows a PCGS grade of MS-64, it is a fake or counterfeit.
An important subject! I just got through watching a video on a Counterfeit that was 90% Silver and passed the Sigma test. The first thing I did with this video, before he brought it up, is go to PCGS Certificate Verification, put in the number and found out this was fake. Personally, for a Silver Dollar, I will only buy Graded, that has a verified number, and I put priority on a coin that has Tru-Vue. I study the difference between the unique graded coin, and the picture at the Grading service.
I started collecting in '58. There were very few fakes,but quite a # of altered. Worst culprits: 09s vdb,16d dime,42 over 41 dime,96s & 01s quarters,89cc,93s,28s 1$'s. I bought a decent looking ag 01s 25c back in about 1970.could not afford a higher grade. Finally sent it in to anacs,damn thing,had an added S.
On PCGS and NGC is there ever 2 exact coins with the name serial number. TEMU sells a lot of nice-looking fakes. Those are only good for making coin rings.
Great educational video. Question now is what do you do with the fake? I know it is not your property but as I understand you are not allowed to possess said counterfeit. I believe protocol is to call your local Fbi office and they will confiscate. Had a friend who collected alll sorts of counterfeits, did seminars and the FBI confiscated his collection. Was told they could appreciate his efforts but could not guarantee what would happen to them if they were left in his care.
I only buy coins that I can authenticate myself even in a holder. For new series that I don't know yet well I buy only from the most reputable dealers or instead, I buy the raw coin and work hard at home to authenticate (returning it back within the return window if its fake) and get them slabbed myself so that I know its legit.
Its so hard now ,i will only buy coins that have a picture to compare the slabbed coin to,pcgs true view with nfc chip or later ngc pictured ones ,+ run serial number in app(although that isnt a 100% cert as they are now copied+can run though test)only buy from a good dealer with alot of sales,a extra few £s or $s is worth the peace of mind in knowning its authentic without a doubt,wieght aswell of slabbed coin,just my opinion in what ive noticed,there is also alot of other tell tale signs with colour of writing if looked at closely.its got extermly hard these days to spot the fakes.good vid on staying safe.counterfeiting is ruining a good fun hobby.
Usually the fake coins inside the holder are poorly done. They don't match the grade assigned to it and most likely the Chinese counterfeiter has never seen a real coin and slab. They usually do assign a designation from 1849-1889 since those are years when the mint made gold dollar coins.
As soon as you started talking about the label font, I knew you were full of S. China's not too stupid to improve the labels. Effectively, slabs are dead in today’s counterfeit world.
@@stanleyclark923 I don’t understand? If it’s a real coin that’s been graded from the 2 big graders it will have a bar code and you can scan it with phone. I’m only ever seen one coin that wouldn’t scan. Buy from trusted dealers like Liberty in Longbeach and you want have to worry about fakes.
The whole coin market and grading system from PCGS etc is skewed. If you submit heavily and often and once they see you are willing to shell out $$$ for grading from what I assume is old ornery idiots at the top grading companies you realize the market is flawed. Low annual submissions vs someone that submits 100+ coins a year. If you brought a diamond to 10 pawn shops your $ value would be more consistent than the decrepit dust sitting down grading rested on "reputable" laurels at the main grading companies.
I had decent luck at the pawn shop 12 years ago with Morgans in slabs. They even turned out to be VAMs. $40ea back then, about $85ea today, because they are PCGS graded, they have doubled in price since I bought them. You have to make sure that the bottom right corner has a pcgs logo in the plastic slab itself. Those are genuine
Some Bible quotes and The Gospel - How to Get Saved KJV Romans 5:12 - Wherefore, as by one man sin entered into the world, and death by sin; and so death passed upon all men, for that all have sinned: Romans 3:10,23-24 3:10- As it is written, There is none righteous, no, not one 3:23-24 - For all have sinned, and come short of the glory of God; Being justified freely by his grace through the redemption that is in Christ Jesus. 1 Corinthians 15:1-4 Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand; By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain. For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; And that he was buried, and that he rose again the third day according to the scriptures: =]= -(How that Christ died - he shed his blood) Romans 3:25 Whom God hath sent forth to be a propitiation through faith in his blood, to declare his righteousness for the remissions of sins that are past, through the forbearance of God. Hebrews 9:22 And almost all things are by the law purged with blood; and without shedding of blood is no remission. Ephesians 1:7 In whom we have redemption through his blood, the forgiveness of sins, according to the riches of his grace; Ephesians 2:8-9 For by grace are ye saved through faith; and that not of yourselves: it is the gift of God: Not of works, lest any man should boast. Hebrews 10:10 By the which we are sanctified through the offering of the body of Jesus Christ once for all = = Once Saved Always Saved Ephesians 1:13 In whom ye also trusted, after that ye heard the word of truth, the gospel of your salvation: in whom also after that ye believed, ye were sealed with that holy Spirit of promise. John 10:27-28 My sheep hear my voice, and I know them, and they follow me: And I give unto them eternal life; and they shall never perish, neither shall any man pluck them out of my hand.
The first issue should be the word Morgan on the fake slab they only put the word Morgan on slab if there was another silver dollar minted the same year like 1921 other then that it does not need be there in 1899 there was only the Morgan made no other silver dollar so that tell you rite of the rip it’s fake period no other point need to be made on that one
Ive seen some laughable fakes in the past, but I don't think any of us are laughing anymore!
Thank you. I’m a new collector and things like this are really helpful.
Great presentation. Lots of good tips for spotting fake holders. Thanks for sharing. 😎👍
thanks for the very thorough points to look for!!! very helpful!!! found your channel from T the Silver Stacker... just subscribed
Great information. Sadly, lots of fakes in the marketplace. Let the buyer beware !
Great video! It’s unfortunate that this is even an issue. Even more unfortunate are the victims it has created.
Great information, thanks for sharing
GD
Thank you for the info!
Look at the bonnet on the back of Liberties head. If it is smooth with no folds even though it shows a PCGS grade of MS-64, it is a fake or counterfeit.
Great info!
An important subject!
I just got through watching a video on a Counterfeit that was 90% Silver and passed the Sigma test. The first thing I did with this video, before he brought it up, is go to PCGS Certificate Verification, put in the number and found out this was fake. Personally, for a Silver Dollar, I will only buy Graded, that has a verified number, and I put priority on a coin that has Tru-Vue. I study the difference between the unique graded coin, and the picture at the Grading service.
Well done. Thank you.
Great information, thank you.
I started collecting in '58. There were very few fakes,but quite a # of altered. Worst culprits: 09s vdb,16d dime,42 over 41 dime,96s & 01s quarters,89cc,93s,28s 1$'s. I bought a decent looking ag 01s 25c back in about 1970.could not afford a higher grade. Finally sent it in to anacs,damn thing,had an added S.
Thank you for sharing.
Hi Big Apple Stacker! Congratulations on reaching 1k subs! I've subscribed to your channel! 😎
Good video. I’m also interested in the fake coins that PCGS graded authentic.
On PCGS and NGC is there ever 2 exact coins with the name serial number. TEMU sells a lot of nice-looking fakes. Those are only good for making coin rings.
Congratulations 3 away from 1k friendlys epic milestone
Thanks. I wonder how it would test under a Sigma precious metal verifier.
Thank you!!! Maybe try a pop filter to stop the distortion…. Keep it up!
What about NGC? Do you have an example?
Good info. Never liked slabs, buy few. So many scams, sad. Coin does not look right as you point out.
New subscriber here from T THE SILVER STACKER CHANNEL 🙂🙂🥇🥈
Great educational video. Question now is what do you do with the fake? I know it is not your property but as I understand you are not allowed to possess said counterfeit. I believe protocol is to call your local Fbi office and they will confiscate. Had a friend who collected alll sorts of counterfeits, did seminars and the FBI confiscated his collection. Was told they could appreciate his efforts but could not guarantee what would happen to them if they were left in his care.
Great info new sub here 👍
Great video! I’m going to keep an eye out for these at the show I attend this weekend.
Valuable info, good job ~ and I don't say that to too many Millennials. 😉😇
Does the fake slab have the letters on the bottom edge? I'm guessing that it doesn't!
I only buy coins that I can authenticate myself even in a holder. For new series that I don't know yet well I buy only from the most reputable dealers or instead, I buy the raw coin and work hard at home to authenticate (returning it back within the return window if its fake) and get them slabbed myself so that I know its legit.
Wow that is amazing
I bought 12 from FB that are fake. Complained, strongly, and got my money back. Now I have 12 fakes in a PCGS slab.
We should
Its so hard now ,i will only buy coins that have a picture to compare the slabbed coin to,pcgs true view with nfc chip or later ngc pictured ones ,+ run serial number in app(although that isnt a 100% cert as they are now copied+can run though test)only buy from a good dealer with alot of sales,a extra few £s or $s is worth the peace of mind in knowning its authentic without a doubt,wieght aswell of slabbed coin,just my opinion in what ive noticed,there is also alot of other tell tale signs with colour of writing if looked at closely.its got extermly hard these days to spot the fakes.good vid on staying safe.counterfeiting is ruining a good fun hobby.
Usually the fake coins inside the holder are poorly done. They don't match the grade assigned to it and most likely the Chinese counterfeiter has never seen a real coin and slab. They usually do assign a designation from 1849-1889 since those are years when the mint made gold dollar coins.
Is an easy way to tell its fake by running the serial number?
As soon as you started talking about the label font, I knew you were full of S. China's not too stupid to improve the labels. Effectively, slabs are dead in today’s counterfeit world.
Wow 😯
GREAT TUTORIAL. THANX. I KNOW WHAT I WOULD DO TO FAKERS AND FAKE SELLERS......................
6:20 Pubic Hair is coming. LOL!
Beard hair 😅
Hard times for our hobby..
That 1899 & pcgs ms64 looks way off
You can scan the slabs to verify. It will have a great pic of the coin graded.
It doesn’t have a shield so it shouldn’t have a true view picture, right?
@@stanleyclark923 I don’t understand? If it’s a real coin that’s been graded from the 2 big graders it will have a bar code and you can scan it with phone. I’m only ever seen one coin that wouldn’t scan. Buy from trusted dealers like Liberty in Longbeach and you want have to worry about fakes.
Etsy put out alotta fake Morgans....on some of them, they put "copy" right below "In God We Trust" so keep your eyes open..
😮
The whole coin market and grading system from PCGS etc is skewed. If you submit heavily and often and once they see you are willing to shell out $$$ for grading from what I assume is old ornery idiots at the top grading companies you realize the market is flawed. Low annual submissions vs someone that submits 100+ coins a year.
If you brought a diamond to 10 pawn shops your $ value would be more consistent than the decrepit dust sitting down grading rested on "reputable" laurels at the main grading companies.
imagine if we counter fit china coins , and sold them to the china resident's, this will be war ????????
Coin grading has completely ruined the hobby.
Somethings wrong with your audio
“We don’t need no stinkin slabs!”
Now on to turtles, nature’s suction cup,…
I contacted PCGS and they said that they put the word Morgan on some coins for that year.
That coin is not a fake.
I assure you this coin is very, very fake.
@themillennialnumismatist I was also commenting on your comment saying they didn't put the word Morgan on the slab, when in fact they did/do.
1921 had the morgan+peace dollar so ngc,pcgs put either morgan or peace on slabbed coin for that Yr in description 👍
I got tricked ...twice!
It’s got 8 numbers not 7
Can't hear you!
yeah his sound is really quiet and the mic quality is kinda iffy, good vid otherwise though
Do not buy before sigma testing and tada! Problem solved.
Unfortunately that isn't really feasible.
Sigma has issues with DWT- 10th oz size gold items IME
@@jtcigars6793 don't buy anything but coins. Tada
@@rockytop6077 I really like the Mexico dos peso but the sigma cannot read those reliably. That is a DWT sized coin.
@@jtcigars6793 oh... I had no idea. Thx
Professional Chinese Grading Scam
I can hardly hear you!!
FYI Half of the video shows the desk top. If you are trying to act professionally then at least focus on the coin'
Pcgs coins are the worst investment in metals. NEVER BUY THEM.
I had decent luck at the pawn shop 12 years ago with Morgans in slabs. They even turned out to be VAMs. $40ea back then, about $85ea today, because they are PCGS graded, they have doubled in price since I bought them. You have to make sure that the bottom right corner has a pcgs logo in the plastic slab itself. Those are genuine
Have you been burned real bad?
@@jtcigars6793 the irony of someone named Cigars asking if someone has been burned just made my day. Thank you
@@b12y5e how much was gasoline and eggs 12 years ago?
@@MrBoratWOW I dont know, ask your parents how much bread was 24 or 36 years ago...same concept
Some Bible quotes and The Gospel - How to Get Saved
KJV
Romans 5:12 - Wherefore, as by one man sin entered into the world, and death by sin; and so death passed upon all men, for that all have sinned:
Romans 3:10,23-24
3:10- As it is written, There is none righteous, no, not one
3:23-24 - For all have sinned, and come short of the glory of God; Being justified freely by his grace through the redemption that is in Christ Jesus.
1 Corinthians 15:1-4
Moreover, brethren, I declare unto you the gospel which I preached unto you, which also ye have received, and wherein ye stand; By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain. For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; And that he was buried, and that he rose again the third day according to the scriptures:
=]=
-(How that Christ died - he shed his blood)
Romans 3:25
Whom God hath sent forth to be a propitiation through faith in his blood, to declare his righteousness for the remissions of sins that are past, through the forbearance of God.
Hebrews 9:22
And almost all things are by the law purged with blood; and without shedding of blood is no remission.
Ephesians 1:7
In whom we have redemption through his blood, the forgiveness of sins, according to the riches of his grace;
Ephesians 2:8-9
For by grace are ye saved through faith; and that not of yourselves: it is the gift of God:
Not of works, lest any man should boast.
Hebrews 10:10
By the which we are sanctified through the offering of the body of Jesus Christ once for all
=
=
Once Saved Always Saved
Ephesians 1:13
In whom ye also trusted, after that ye heard the word of truth, the gospel of your salvation: in whom also after that ye believed, ye were sealed with that holy Spirit of promise.
John 10:27-28
My sheep hear my voice, and I know them, and they follow me:
And I give unto them eternal life; and they shall never perish, neither shall any man pluck them out of my hand.
Just as fake.
Need to improve your sound quality, sounds like you’re in a steel drum !!! Poor quality you speaking..
Great video. Do you know what the weight of a genuine slabbed morgan should be?
I weigh them aswell,but I collect ngc ,so I can compare pictures .
The first issue should be the word Morgan on the fake slab they only put the word Morgan on slab if there was another silver dollar minted the same year like 1921 other then that it does not need be there in 1899 there was only the Morgan made no other silver dollar so that tell you rite of the rip it’s fake period no other point need to be made on that one