BUYER BEWARE! I BOUGHT THE CHEAPEST SILVER EAGLE ON EBAY - REAL OR FAKE?
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- Опубліковано 1 лис 2019
- I bought the cheapest american silver eagle on ebay and test it to see if it is real or fake. This video shows different ways to test silver and to test american silver eagles to sort out fakes. If you are buying silver on ebay then you need to be very careful to make sure that you are buying legitimate silver. If you are trying to get the lowest price on silver bullion for silver stacking then you need to be buying from reputable dealers or you could have a set back. The main things that I learned from this video are to not buy silver from China, only buy silver that is sold from a reputable dealer, and if it seems too good to be true then it probably is too good to be true.
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5 American Silver Eagle Tests
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Topics I cover in this video: cheapest silver eagle on ebay, cheap american silver eagle, cheap silver eagle, silver eagle, american silver eagle, fake silver. ebay silver, fake ebay silver, testing for fake silver, fake silver test, fake silver eagle, fake american silver eagle, silver eagles from china, fake silver from ebay
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When I first started buying Silver Eagles, I bought one one ( i believe it was from a seller in Israel)....it was fake..........I wrote the seller telling him that his listing was deceptive........he refunded my money...and never asked for the coin back........now i use the coin to teach others about how good some counterfeits are.
Thanks for taking one for the team for the sake of teaching. Appreciate it bro
Thanks for the video. Keep up the good work of informing us less knowledgeable collectors!
Upnorth Collector you are welcome and I will for sure!! thanks for watching!!! 🔥🐉
When the package had Chinese on it I figured she was fake and of course we all figured that because of how cheap it was.
johnwilliams40 lol yes we were all right... such a fake!!! 🔥🐉
Problem is they can just change price, because they only need one customer for it to be profitable. Plus I've see a lot worse that eagle being pass off as legit silver.
I got a fake eagle it was $11 and shipping total $15 and the magnet stuck to the coin Live and learn
I’ve been looking for a video that brings together all the “easy” confirming tests to see if the coin is really silver. (Plus, I keep putting my foot in my mouth with my comments). Thx for all you do
Jon Roylance thanks i’m happy that I could help and thanks for the support!!! 🔥🐉
Yeah that specific gravity test was really informative!
$6.96 is too expensive, you can buy those from AliExpress for $2-$4 lol. Why didn't you file eBay guarantee to get your money back? Why let those crooks even make a penny from you?
Eagle 47 lol oh don’t worry i’ll get the last laugh 😏🔥🐉
@DebbyAbqNM I love Walmart though.
Thanks for the tutorial, I’m sure it’ll help some people.
losinglouie you are welcome and thanks for watching LL!!! 🔥🐉
This is the reason I stopped buying Chinese Panda coins. They counterfeit everything and when it comes time to sell I’m not a dealer and who’s going to take a chance that it’s not fake.
SilverTurtle65 yeah you do make a good point and all the pandas come in capsules 😮🔥🐉
I can't imagine people there dare to make a fake legal tender and sell them on internet. Would you do that here? It'd be dumb. 🤣
@C. Michael Fake Morgans are being sold on Amazon as of now, I don't even think the US government cares.
I always had a bad feeling about Ebay when it came to silver. Great video, now I know for sure!
Contra Artwork yeah you gotta buy smart for sure! 🔥🐉
I saw an "eagle" on ebay that was selling at a "too good to be true" price. Checked out where it would be shipping from if I were to order. It would have shipped from China. I did not buy because it ships from China. Thank you for confirming my decision to "not" purchase. I purchase from legitimate dealers only and my poured silver has all come from baggins/dragons.
Michael Bajorek yes never buy from china!!! that being said I do have a few pandas 😏🔥🐉
When online shopping, I filter out any listing that has to come across a ocean. No time for that hassle.
One of your better videos. I've seen those questionable listings too. I put one on my watch list and sure enough, the account started getting negative feedback after 2 weeks. And YES I did report it to eBay when I first noticed it and the listing stayed up for almost a month after I reported it. Buyer Beware.
Rick Jones yeah it’s incredibly sad and terrible that this is happening! thanks for watching 👍🏽🔥🐉
I love it, great information and presentation.
Sterling Cannabis I appreciate that!! 🔥🐉
Great informative video 😊 As soon as you flipped it sideways, I knew.
Exactly Rose dragon. Nice catch.
@@ladyb648 I was already skeptical because it came from China. I just don't trust online private selling/buying anyway, this video helped me understand more about why.
@@Rosedragon_coins I said the same as well. When I saw it on Ebay before this video came out, I noticed the little red markings and knew right away something wasn't right.🤔
Rose dragon lol classic error on their part 🔥🐉
That's why I stay away from eBay, unless I know the seller. Great info!
Beth Coddington yep ebay is so sketch... thanks for watching!!! 🔥🐉
Great video SD. Thanks for sharing! You can file a complaint with eBay and PayPal and get your money back. Not too much money to worry about but they will back you up. Having them back up the purchases helps me to continue to use eBay for buying.
Talking Bullion yeah i’ll try to get my money back for sure... that is good protection!!! 🔥🐉
Your flying bud! Almost 10000. Congrats bud.
SilverLimey 79 thanks so much i’m making that push! 🔥🐉
@@SilverDragons47 you've done extremely well bud. I remember watching you at 500 👍👍 congrats
Wow awesome video ever!! :D
OcOmega Shadow thanks!!! 🛎 squad 😁🔥🐉
But did you get the eBay bucks? 🤷🏻♂️ Also, there’s still hope. Do the ping test! If that doesn’t work, do the lick test...
Stacking Stormtrooper I did get my 6 cents and acid test, ping test, electronic verifier, diamagnetic test, and x-ray test coming up 👍🏽🔥🐉
@@SilverDragons47 well they just made 20yuan profit
Magnet works nice to see if it fake quickest way i think lol
I'm glad eBay took the listing down. Even if they are listed as copies, they are illegal to sell if the word "copy" or "facsimile" is not on the coin.
SalivateMetal it was not listed as a copy. I am happy they took it down as well!!! such a scam 🔥🐉
It's illegal to sell it and dumb to buy it.
There you go! Thats what im saying, if theres no buyers there would be no sellers
24K Metal it is illegal to sell it I literally showed the law 🔥🐉
Thanks for the video. I bought a coin on ebay for cheap and didn't have a clue if it was real or not. I even asked the seller if it was genuine.
Wonderful example especially for newer stackers to stay away from sites that could have fakes. Major dealers online will do they’re best to never have fakes since it will ruin their reputation.
Budget Bullion Stacker yeah I have never had a problem with an american based dealer 👍🏽🔥🐉
Hi new to silver stacking and I have been watching this channel. I saw that american silver eagle tube of 20 coin is much cheaper in ebay with apmex as a seller compared to the one from the main apmex website. Is it just the same apmex or is there any catch with that that I need to know? Thank you!
good video. very informative.
Jorge Luna you are welcome and thanks for watching my friend!! 🔥🐉
Ha Ha that's too funny I saw this coin on Ebay and the minute I saw the little red writing around the picture I knew something wasn't right. I'm glad you did a video and demonstrated how fake it is and how to prove that it is. Thanks for sharing this info.
LadyB lol right 😁 you are welcome!!! It was my pleasure 🔥🐉
I paid a legit price for the 10 silver eagles I bought on eBay Last Summer and they really look the part but the weight and size with the only way to determine thought it was fake so I took a torch to it and broke it in half and you could see you all copper core and the magnet reacted to it at the same as silver. 😒 you definitely got to be careful when buying on eBay I don't do a really much anymore just because of all the issues I've had. Keeping us up to date with the new fakes is a must. Thanks silver dragons😊👍
Ehren Krause wow that is so terrible!!!! i’m sorry you got scammed. did you get your money back? you are welcome my friend 🔥🐉
@@SilverDragons47 i did. Thats why ebay is cracking down. I submitted a formal complaint to the Secret Service whether got delivered from eBay or not I don't know but yeah I expose the channel cuz right after I bought those coins his feedback went south very fast. The funny thing is they were using an fake address in the states and when I sent the package back it came directly back to me. 5 reps and 2 statements. Im glad that ebay is protecting their buyers with money back guarantee but also makes them more diligent cuz now they're losing money. 😊 i haven't bought on ebay for a long time but i dl definitely got a crash course on research Authentication of coins. I think that's also reason why eBay brought in NGC the help for Consumer Protection👍
I got a1999 American silver eagle and it has the rim raised, its like it was press from both side, anybody know if it could be an error?
alex garcia it’s probably real 🤷🏽♂️🔥🐉
regarding the readability of the screen on your scale. You should buy a polarized acetate sheet from ebay($5) you could cut out to the shape and size of the display readout. It's just an idea. It may or may-not work :) but if it doesn't you could make a cool polarized camera filter for your phone haha...
Great video. The coin looks so off. Every time i buy silver i have a micro panic attack that its fake
Entellus lol yeah the coin was way off. 😏🔥🐉
Sorry I'm behind. Figured you were so big now you'd never miss me. Lol
Silver Wheels it’s all good and I remember all of the OG supporters 😁👍🏽🔥🐉
@@SilverDragons47 always your fan
I bought a lot of 10 on eBay a couple months ago for $165. They were shipped from Arizona and when I got them they passed all preliminary tests, they did end up failing the specific gravity test tho. I took them to my LCS to confirm and they were 100% fake. I submitted a claim and eBay refunded 100% of my purchase price including shipping.
john messina wow what a scam!!!! it seems like you were not the only one that happened to as someone else had a similar story in the comments... 🔥🐉
I've read that the Eagles feather hangs partially in front of the shield with a real ASE. Which is noticeable in the video.
Diana Watson great point! I didn’t even notice that 🔥🐉
What can you tell me about Money Metals coin I am a new at college
I always start by searching north america only, then do all the tests when it arrives lol
Koin Huntin yeah i’ll have to do that from now on for sure 👍🏽🔥🐉
Hi. I have a 2013 proof American eagle. Which flips the wrong way. Done all Test on it except the acid test. It is bang on with every other test. Can't it be a error mint coin?
Darius Patel are you sure it flips the wrong way? it’s probably fake as rotation errors are very rare 🔥🐉
@@SilverDragons47 yes I am sure. As I have many more in my collection UNC coins. But this proof just freaked me out.
btw the specific gravity for mild steel is 7.85 g/cm3 say hello to 1 ounce of steel round :)
As soon as you flip that I started laughing. I wonder how many people wouldn't catch that right off the bat. This would be fun to put on a plaque on a wall as a talking piece. I've got a bunch of fakes that are slapped as well even graded that I got from a friend for really cheap. Thankfully I wasn't the one that paid full price for them.
I have a pair of two 2020 early release cased coins that were fake. I only found one when checking my other’s no longer in a fake PGS holder
Just an FYI, the Design of the Gold and Silver Eagles will be changing starting in 2021 I believe, a design has not been selected yet from what I've heard. But supposedly the US Mint will be incorporating more "Modern" changes to it's counterfeit security measures; this may be similar to what the RCM (Royal Canadian Mint) has recently done with their Silver Maple Leafs. Interesting video though, thanks for posting it, very informative!
Matthew Hugg we will see what happens! it seems like they keep on saying they are gonna switch up the design... i’ll believe it when I see it 🔥🐉
3:57 was the dead give away.... "Made in China"
Digital Karl lol I didn’t talk about that but yes all ASE that are really are made here 🔥🐉
Great video , to be on the safe side don’t buy anything from China on eBay period.
It’s all either fake or just awful quality in my experience.
Ostap Canada yep always good advice!!! 👍🏽🔥🐉
Almost at 10,000 subs 👍
Silver King87 thanks i’m making that push!!! 🔥🐉
As soon as the package was from china I knew it was fake. For people like us not experienced thanks for putting the word out.
Optimus Locust lol yep so fake... you are welcome! 🔥🐉
Key word is “substantial”. Without the specific definition of that regulation but taking a guess, that means you have to buy a large amount of these things, not just a single fake coin under 10$. They are looking for people deliberately or neglectfully flooding the market.
I always set Silver Eagle search results to US only.
jcorona984 smart move!!! i’ll have to do that as well 🔥🐉
jcorona984 Yep. Might as well leave the profits with the USA resident crooks who will buy them from China and sell them to you! It’s a small world for suckerbait! Good luck....
1st coin - $7 for 1oz...come on - the price should have been a dead give away. cant get those below melt, even in bulk..but i think Silver Dragons already knew that...good info, good video
who are the legit sellers on IG
L C I like royalcoinshuston and i’m legit as well 😂🔥🐉
@@SilverDragons47 S.D. is too legit to quit!
I bought one of these a month ago at my local flea market for $25 I didn't have a magnet on me first test I did was a magnet when I got home was so upset. I also got a Elemental bar from him it turned out be real. At the moment I thought I was getting a proof 2019 eagle at a fair to good price in a capsule, I couldn't believe I didn't even think of the flip test at the moment. I have been back to the flea market every weekend since I have not seen this individual and his wife who are set up that day. I've been following silver Joker and silver Slayer and salivating and checking your show out a lot liking it especially the coin shop. I guess long story short no education is free
Henry Pregnall sorry you got scammed... at least you know now! GL stacking and thanks for the support 👍🏽🔥🐉
It says buy 3 get 1 free in the top left corner of the White cardboard flip
Justin Capo lol I know such a scam 😂🔥🐉
Nickel metal will also attract a magnet.
I bowed out from a 5 ASEs for $75.xx yesterday when I seen being shipped from China. Who knows but I wasn't gonna risk it with my biscuit 💯😁🍻
Texan Balaban lol it’s a fake biscuit 🔥🐉
If you buy anything from Ebay if it's not from a company that's well known you are most likely buying a fake, it's almost a certainty, if it's from etsy or Alibaba its definitely FAKE.
what if china new silver was going down to 7.00 and they sold these to rub it in.
drain the swamp 2.0 lol I highly doubt that will happen 🔥🐉
Is their any way to buy coins from you. I am a very small stacker. And I've only bought single coins so far...
John Hayes I sell silver artwork but not coins at the moment 🔥🐉
Ok... I am having hard time finding coins that have been listed that aren't available anymore on regular online coin dealers I trust. Is their ebay coin dealers you know of.... please post any thanks. I like panda's. dragons. I dont have any dragons yet?
Bad deal. Just watched Lady B rev. Gaw the flag pour looked totally awesome, thanks brother
Charles Ferraro it was an awesome piece thanks for sending it to her!!!! 👍🏽🔥🐉
Lol it even says buy 3 get 1 free!! 🤣🤣 It's too good to be true!
SilverLimey 79 lol yeah way to good to be true 😂😂😂😂😂🔥🐉
@@SilverDragons47 haha wonder if anyone out there has been caught out
Unfortunatly, I buy one such coin - in normal price. It was describe as the oryginal coin. The seller was cath by the police.
Srebrne prowokacje wow what a scam 🤦🏽♂️🔥🐉
Hey SD, Question for you. How many Rolls are you on now for completing your Green Monster Box??? I'm trying to keep up with you and Yankee, I'm on 13. Thanks
Rick Jones i’m halfway done with tube 14 😁🔥🐉
I’m not completely convinced SD. Run a few more tests. 😬
I agree more testing should be done. The only way to be 100% sure is doing the acid test, which was not performed.
Midwest Coin Hunter 😂😂😂 ok acid test, ping test, electronic verifier, diamagnetic test, and x-ray test coming up 👍🏽🔥🐉
I would still file a case so you can help someone else not get jipped....
ECP - EAST COAST PROSPECTING yes 100% tryna get my money back 🔥🐉
On a side note the USA taxpayer subsidizes the shipping on these China eBay sales. If I was to sell an ASE it would cost me between $3.50 - $4 to ship it within the USA, but the Chinesse seller only pays a few cents for international shipping. I thought we are in a trade war with China but we continue to provide subsidies based on China being a third world country which apparently it no longer is.
pseudoty yeah I could not believe how cheap that shipping was 🤷🏽♂️ seems crazy!!!! 🔥🐉
7.8 iron
I would have done the magnet test first. That could have ruled it out 100% right there.
Mystery Buyer lol before I shot the video I put the magnet on the outside of the package and it stuck to it... 😂🔥🐉
@@SilverDragons47 Yeah I figured you just did that before hand. It did make a good video though.
Dragon you should just gave that $6:95 + tax to Yankee he would have added $12:00 more and purchased the real thing 🤣🤣🤣🤣
Calvin Cooper lol iv got some legit ones coming 🔥🐉
I mean if it was made of silver I'd buy it, it's a nice copy
What if it had been sold for 30 bucks from a non Chinese source......newbies like me would not have figured out it was a fake. Thanks for the video!
What I would do, is auction it off on eBay, even with "copy" written on it, and attacked with the bolt cutters. Take the money raised from the auction and donate it to a charity.
Just a thought.
Doug Dennis not a bad idea at all my friend!!! 🔥🐉
Nice tip silver Dragons
Alonzo Floyd thanks so much my friend! 🔥🐉
Maybe Jim Browning can figure out who made the coin
Specific gravity chart for gold, silver and lots of other stuff:
www.farm.net/~mason/materials/specific-gravity.html
Didn’t Know There Is Counterfeit American Silver Eagles !!
steelersjourney11111 oh they are out there... all from China 🔥🐉
I would not have destroyed it. A beautiful coin for $7 and it did cost something to make and package and ship.
gary miller well it’s not a coin because it’s fake and either way I have plans for it 😏🔥🐉
Ridiculous I've seen this same listing on eBay just wish my LCS have me a free eagle for every 3 I bought lol
Jonathan Reese 😂😂😂 sure i’ll do buy 3 get one free for $30 a coin 😁🔥🐉
Are there reputable eBay silver sellers? Which ones?
It looked Way too Shiny That is the First thing that I noticed .
P WHALES yeah but the proofs do look like that 🤷🏽♂️🔥🐉
I never buy PM's from Ebay. At least you didn't lose your shirt over this bud. I am pouring for you tomorrow. 6 bucks for an air tite is a bit much eh, LOL.
Tomoko's Enterprize yeah an expensive air tight for sure 😂 sounds good i’m excited!!! 🔥🐉
Was it silver plated?
rookierollhunter yes Iron with a thin silver plate 🔥🐉
I got screwed out of 130 dollars once from fake silver in China
Just received my first fake Morgan last week, watch out because on.the add it showed a different coin and said it was from the USA. When it arrived it was from China! And the price wasn’t cheep, they set up a fake account so beware of Ebay.
OBX Silver Surfer wow that is so sketchy!!!! thanks for the tip!! 🔥🐉
The price told you it was fake, before you bought it. Coming from China was a negative factor.
Always keep cellphones and magnets away from you digital scales. It will ruin your scales or you will have to recalibrate them everytime you use them.
Jeramie Breton great point! 👍🏽🔥🐉
0:54 Darn, this fake coin comes from Dongguan City....That's where I am from :(....an industrial town in Guangdong Province in Southern China, in between Shenzhen and provincial capital Guangzhou, about 50 mins to an hour drive from Hong Kong (minus the custom clearance time). City's packed with factories producing goods (both legit and fake LOL) for all around the world, nicknamed "Factory of the World". Check your computers, iPhones, iPad, Xbox, PS or whatever electronic products to see if it's produced in Dongguan :)
Zhicao Fang hey at least they are making stuff but the coin was a disappointment 😢 either way thanks for watching and for your support!!! 🔥🐉
The upper case U is incorrect on the fakes, or at least for now depending on the years. Also, I have scraped off the silver plating on many of these fake coins. Ebay should have a team dedicated to instabanning all of these con artist sellers.
Well the packaging the silver eagle was in said Made in China and I can guarantee you they have never made them in China so yeah.....
1. The word FREE at the end of the listing denoted "Free of silver" like food touted as free of dyes or gluten 🤣
2. I think the law as you read would apply to eBay as a reseller format and not you the end consumer.
3. Never buy Chinese crap if you can avoid it. If it seems too good to be true it most likely is.
E R I K yeah I think I am good as the consumer as well.. still it’s such a scam 🔥🐉
I only buy from U.S. dealers.
I dont buy any silver online even from legit bullion dealers ( jm, sd, provident). My local guy sells to me for the same price plus or minus a few pennies here and there depending what I'm after. I like to inspect my bullion before I take delivery personally. And who wants to wait on snail mail. Just like my butcher Sam, my plumber Bill and my auto mechanic Earl, I can always trust and never go wrong with chris and Jim my LCS guys. Buy local. Pay cash 😉😁
stackin and packin yeah that is a good point! I love buying from my LCS 😁🔥🐉
Who’s the one guy that was watching and wondering 1 minute in if it was actually real?
buffalo bullion 😂😂😂 idk it’s clearly a fake 🤷🏽♂️🔥🐉
The 1 guy? If it were just 1 guy the guys overseas wouldn't bother counterfeiting them. :)
Random town in China sells you an American minted coin for $12 UNDER spot price.... totally legit! 🙈
Jake Smith 😂😂😂 what could go wrong 🔥🐉
$7 an unce And you thought it was real, come on. But it is a good educational video.
Gumardee coins and banknotes lol thanks my friend 👍🏽🔥🐉
That sucks. It is pretty though😉
ROSA agUIRRE lol yeah until it rusts 😂😂😂😂😂😂😂😂🔥🐉
I bought a whole roll of these fakes. Man was I pissed! My CC company gave me my money back but it was a huge hassle. Bought them on ebay by an account that looked legit!
James Nelson wow that is so sketch! glad you got your money back 🔥🐉
@@SilverDragons47 mee tooo! I am a poor boy stacker and I was devastated when the "proof looking" eagles snapped up to my magnet LOL! It's unbelievable how people feel like they have to cheat someone to get ahead. That's okay, though....Karma has every bodies address!
Sorry that happened to you James. The only good that comes out of it though is I bet you know what to look out for now the next time "a round" um sorry for that pun. hahaha
.999 of all china coins sold on Ebay are fakes. File, and you'll get your money and keep the fake....no buyer will pay return shipping to china.
I could tell it was fake right away by the U.
Complain to eBay and give them a terrible rating. I did and the seller begged me not to give him a bad rating. DON'T BE STUPID, NO ONE IS GIVIG YOU FREE MONEY,....
Right away . in God we trust doesn't look right
Doesn't look the same size.
Live, Love and GET READY!!! yeah it’s smaller for sure! such a scam 🤦🏽♂️🔥🐉
You trusted China?? WOW!’
That was interesting though. Just paid 7 bucks to entertain yourself. Is there any value in recycling it?
Nice info
Carrie & Terry Kellogg thank you so much!! 🔥🐉
I bought 3 from the same person, they were cheap!
richard c lol cheap and fake 🔥🐉