How to identify counterfeit 1881 CC Morgan Dollar PCGS coinweek.com/an-epidemic-of-counterfeit-1881-cc-morgans-and-bad-pcgs-slabs/ Coin Dealer Get's Ripped Off Twice !! You better know your coins and how to identify counterfeit coins to be a coin dealer. Buy Coins From Us: portsmouthcoinshop.com/ CoinHelpu Community coinauctionshelp.com/welcome-to-coinhelpu-community/ Coin Value App: coinauctionshelp.com/coincollectingapps/ Mint Error App: errorcoins.coinauctionshelp.com/wordpress/ Join this channel to get access to perks: ua-cam.com/channels/IYtW3byS0u7rBmXg71pXQw.htmljoin
@@CoinHELPu That article is very helpful and scary at the same time. Wow! It reminds me just how important it is to KNOW the coins you are collecting/buying and to focus on the coin and not just rely on the holder as the word on a particular coin.
A neighbor guy brought me an entire PCGS plastic box container (the kind with the slots inside) last year of these. Wanted me to buy them and I said “Ray, these are all fake”, “they have the same serial number”, “you got totally ripped off!”. He’s older and always looking for a big score and always falls for these scams! He wasn’t too happy when he left…
Thank you once again, Daniel, for providing your expertise and knowledge for FREE! I keep telling my wife that this fellow is taking a road trip to Portsmouth Ohio to shake your hand and thank you in person. I dont know all the details, but I am having a hard time wrapping my head around how a coin dealer almost gets duped three times by the same person on the same day with the same counterfeit coin!
Thanks for the information, Daniel. It can be easy to get lulled into a false sense of security sometimes when you don’t see any fakes for a very long time and then suddenly one pops up in what looks enough like a genuine slab to slip under the radar. You definitely have to stay alert. I’ve been surprised by the numbers of fakes I have been hearing about lately. It seems like there are more now than ever. Your reminder helps others to stay vigilant in guarding against fakes.
That's why I'm always sending people to your UA-cam channel when I'm doing a show. I tell them all the time about you and you helpful videos, Daniel. This isn't my lane, but I know it's yours.
I work at a convenience store. A "lady" came in to get cigarettes. She pulled out a 20 dollar gold piece. She said other places took them. She scratched it where it probably said copy. She said it got scratched taking it out of the case. Yeah.
In China it is legal to copy all coinage except Chinese. They do NOT have to be marked. There are streets lined with shops that sell key coin fakes in bulk. Even the holders are faked. A French buddy of mine showed me a photo from a French newspaper that showed a small stamping press in a bedroom with hundreds of fakes in cardboard boxes. Buyer beware.
Going back to watch some of your other videos on counterfeit coins. Good to refresh my knowledge. I appreciate all of the knowledge you provide to the coin collecting community Daniel
Thank you for that!!! I’m new to the hobby, about two years, and I have been buying using whatnot. Ok, I got a few good pieces, and quite a few NOT. Those are the lessons learned the hard way. Find a trustworthy seller.
Thanks Daniel! I just spent over $400 for coins at a thrift store and I hope they are not fake. I'm new at this and now I'm going to find a coin shop in my area to have them looked at. Thanks again for your informative videos!
If you look up the number that PCGS or NGC put in to the slab on the front you should be able to find because you'll see the picture show up. Play cannot do that it's kind of stupid and I seen many dealers not do that at all I don't understand why all you do is flash your phone scan bar and that's it it shows up right away on your phone it's not a big deal.
That was something else I forgot to mention in the post, that shop has an XRF metals tester or at least a sigma that does 90%, and the fake coin was 0% silver. They just trusted the slab too much in the moment.
This is the reality when people pay for the plastic and not the coin. Also did you see the Colts-Broncos game yesterday when the Colts' Jonathan Taylor celebrated his "touchdown" way too early by releasing the ball before he crossed the goal line. Funny stuff.
Hey, It's Part Three of Rip-Off Weekend! Friday: Coin dealers who don't rip you off but make an honest profit margin. Saturday: Coin Vendors who exaggerate, mislead and overcharge for their bling-ed up wares. Buyer Beware! Sunday: A Dealer got ripped off buying fakes. Buyer Beware! - the other way around!!
Like our coin club does a coin show once a year so I went to it guy had Australian wedge tail eagles so I got one and brought it home and I did the mangnet test and it stuck to the coin he had a few of the same coins
The funniest fakes are the pre-1921 fake Morgan dollar slabs that say "Morgan" on the insert. Only the 1921 date should show "Morgan" on the insert, because both Morgan and Peace dollars were produced in 1921.
About time a coin dealer got what they deserved. What comes around goes around. I will never sell to another coin dealer again. Im new to coin collecting and stacking. The coin dealer in the town i live in ripped me off hard. I didnt realise it until months later. When you hear a coin dealer say, "SWEET!" With emphasis and you see him quickly run to his computer, almost breaking his knecj to get to it. You know you got bent over and he didn't ask Diddy for baby oil.
They need to make a law when a fake or counterfeit coin is presented. The dealer has to strike it as fake or take the information of the person who is trying to sell it and turn it into law enforcement. I know it puts the dealer at odds with the customer. This garbage needs to stop.If it was mine and I didn't know it was counterfeit. I would mark it as counterfeit once I found out.
18 US. Code 485 covers that, simply possessing a counterfeit coin could be an offense. Knowingly trying to pass one off as real definitely is. Now if these were genuine but restruck or modified that might not apply because they would be fake not counterfeit.
It's just more than the 81cc they come in all the key dates and mint marks from China No pcgs embossed in the slab and the sticker in the back is on the outside of the holder
thats crazy they tryed two day back to back. some people trying to move fakes . i wounder if people get hooked on trying to get one over on someone. ick i hope not
Thanks Daniel. I remember your video on that family bringing in the 3 fakes to your shop, them cracking one out and bringing it back in the next day. Educate yourself. KNOW what you are buying and KNOW what you have
Hello coin help, I purchased two 1921 peace dollars that came in PCGS holders, and both were fake coins. They had the same serial number on the holder. I donated one to ANA. for their program. I also had a 1909S Lincoln cent that was fake, too.
First, fake coins, now fake slabs, i got stuck with a few fake pandas that i got years ago, didn't check them out until now. I stamped fake on them to remind myself to watch out for fakes. you got to do your homework, Thanks Daniel for the video.
That's part of why I pretty much stick with lower-end coins... who wants to go to all of the trouble to produce a fake coin and put it in a fake slab, just to rip someone off for $8?
I am not a coin dealer and first off the label looks fake then next I notice there is no PCGS logo in bottom right corner slab third guy should have looked in light at tag in holder the fake ones don’t have tag in it
I've been stacking silver since late 2011 I've never tried to sell anything don't coin dealers take down the name phone number and address if sellers in case this happens?
There is no telling the amount of absolute fakes sold on Ebay, Etsy etc... that are being held as investments, being given as gifts or being inherited. These are going to be on the market forever. People don't even realize they cannot even trust the feedback system because the unsuspecting buyers are giving positive feedback. Potential buyers should realize if the deal is too good to be true then it actually is!
People will " RIP you OFF " if they can . Too bad fer the dealer whome got taken ( ROBED ) . Video may help catch the guy . Put that OUT ON the web ! THIS GUY IS A THIEF ! Ya just really have ta be careful .......even then , ya never know . Tom Daytona Beach , FL . 18 , Dec . 2024 .
@CoinHELPu I trust nothing with pcgs on it. When I first started stacking and did not know better I got took because I was the same the slab had pcgs and I thought you could trust that. Learned valuable lesson. Trust but verify
Besides the coin itself looking slightly cartoonish, the spacing of the words on the insert were too close together or bunched up at the top of the insert leaving to much blank space in the middle and lower part. It wasn`t uniform.
About time a coin dealer got what they deserved. What comes around goes around. I will never sell to another coin dealer again. Im new to coin collecting and stacking. The coin dealer in the town i live in ripped me off hard. I didnt realise it until months later. When you hear a coin dealer say, "SWEET!" With emphasis and you see him quickly run to his computer, almost breaking his knecj to get to it. You know you got bent over and he didn't ask Diddy for baby oil.
So you know this Canadian coin dealer personally or have done business with him? He paid an extremely fair price for the two he bought before he realized they where fake, so I am curious how he deserved to be ripped off. Can to elaborate? Do you know that I am a coin dealer too and this is my channel I use to share and educate on honesty and education of the coin collecting hobby? I am really curious why you made this comment, as if all dealers deserve to be ripped off.
How to identify counterfeit 1881 CC Morgan Dollar PCGS coinweek.com/an-epidemic-of-counterfeit-1881-cc-morgans-and-bad-pcgs-slabs/
Coin Dealer Get's Ripped Off Twice !! You better know your coins and how to identify counterfeit coins to be a coin dealer.
Buy Coins From Us: portsmouthcoinshop.com/
CoinHelpu Community coinauctionshelp.com/welcome-to-coinhelpu-community/
Coin Value App: coinauctionshelp.com/coincollectingapps/
Mint Error App: errorcoins.coinauctionshelp.com/wordpress/
Join this channel to get access to perks:
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@@CoinHELPu wonderful! Thanks for sharing.
@@CoinHELPu That article is very helpful and scary at the same time. Wow! It reminds me just how important it is to KNOW the coins you are collecting/buying and to focus on the coin and not just rely on the holder as the word on a particular coin.
A neighbor guy brought me an entire PCGS plastic box container (the kind with the slots inside) last year of these. Wanted me to buy them and I said “Ray, these are all fake”, “they have the same serial number”, “you got totally ripped off!”. He’s older and always looking for a big score and always falls for these scams! He wasn’t too happy when he left…
Scammers be scamming; after 35+ years of looking at slabs & raw; you can tell by sight in hand!
Thank you once again, Daniel, for providing your expertise and knowledge for FREE! I keep telling my wife that this fellow is taking a road trip to Portsmouth Ohio to shake your hand and thank you in person. I dont know all the details, but I am having a hard time wrapping my head around how a coin dealer almost gets duped three times by the same person on the same day with the same counterfeit coin!
Thanks for the information, Daniel. It can be easy to get lulled into a false sense of security sometimes when you don’t see any fakes for a very long time and then suddenly one pops up in what looks enough like a genuine slab to slip under the radar. You definitely have to stay alert. I’ve been surprised by the numbers of fakes I have been hearing about lately. It seems like there are more now than ever. Your reminder helps others to stay vigilant in guarding against fakes.
That's why I'm always sending people to your UA-cam channel when I'm doing a show. I tell them all the time about you and you helpful videos, Daniel. This isn't my lane, but I know it's yours.
Thank you!
Thanks for keeping us on our toes, Daniel. As always, excellent info.
You are saving us money and making us better collectors and consumers. Keep up the good work!
I work at a convenience store. A "lady" came in to get cigarettes. She pulled out a 20 dollar gold piece. She said other places took them. She scratched it where it probably said copy. She said it got scratched taking it out of the case. Yeah.
😂😂😂
In China it is legal to copy all coinage except Chinese. They do NOT have to be marked. There are streets lined with shops that sell key coin fakes in bulk. Even the holders are faked. A French buddy of mine showed me a photo from a French newspaper that showed a small stamping press in a bedroom with hundreds of fakes in cardboard boxes. Buyer beware.
Yeah you could see the color on the pcgs slab was off for sure!! Always people trying to scam. Like you said educate, great video 👍👍
Thank u Daniel. That is so sad for the dealer
Going back to watch some of your other videos on counterfeit coins. Good to refresh my knowledge. I appreciate all of the knowledge you provide to the coin collecting community Daniel
Thank you for that!!! I’m new to the hobby, about two years, and I have been buying using whatnot. Ok, I got a few good pieces, and quite a few NOT. Those are the lessons learned the hard way. Find a trustworthy seller.
Thanks Daniel! I just spent over $400 for coins at a thrift store and I hope they are not fake. I'm new at this and now I'm going to find a coin shop in my area to have them looked at. Thanks again for your informative videos!
Oh No! Thrift store, Not good.
@allanfifield8256 I'm learning 😌
Thats crazy a dealer couldnt tell that slab was fake from one look.
If you look up the number that PCGS or NGC put in to the slab on the front you should be able to find because you'll see the picture show up. Play cannot do that it's kind of stupid and I seen many dealers not do that at all I don't understand why all you do is flash your phone scan bar and that's it it shows up right away on your phone it's not a big deal.
Crowns, Pesos, Pesetas, Trade Dollars too. I cant tolerate lying thieves.
As usual great job sir!
That was something else I forgot to mention in the post, that shop has an XRF metals tester or at least a sigma that does 90%, and the fake coin was 0% silver. They just trusted the slab too much in the moment.
Good information 👍
thank you for the info
No matter what you collect these days fakes are everywhere. Thank you for the heads up on the 1881 CC Daniel.
This is the reality when people pay for the plastic and not the coin. Also did you see the Colts-Broncos game yesterday when the Colts' Jonathan Taylor celebrated his "touchdown" way too early by releasing the ball before he crossed the goal line. Funny stuff.
He won’t do that again. I can’t remember the player now, but I believe a college player did the same thing.
@@everettwhite9874 DeSean Jackson I remember when he spiked the ball before crossing the goal line.
very informative thanks Daniel
Hey, It's Part Three of Rip-Off Weekend! Friday: Coin dealers who don't rip you off but make an honest profit margin. Saturday: Coin Vendors who exaggerate, mislead and overcharge for their bling-ed up wares. Buyer Beware! Sunday: A Dealer got ripped off buying fakes. Buyer Beware! - the other way around!!
He should be reported to the police! I hope he was.
He should’ve called the cops.
This is why I’ve always preferred NGC. They’ve been photographing their coins as part of their standard service far longer than PCGS.
Like our coin club does a coin show once a year so I went to it guy had Australian wedge tail eagles so I got one and brought it home and I did the mangnet test and it stuck to the coin he had a few of the same coins
The funniest fakes are the pre-1921 fake Morgan dollar slabs that say "Morgan" on the insert. Only the 1921 date should show "Morgan" on the insert, because both Morgan and Peace dollars were produced in 1921.
I know very little about coins but am learning. Thank you for this information! Love your charming buckeye accent.
About time a coin dealer got what they deserved. What comes around goes around. I will never sell to another coin dealer again. Im new to coin collecting and stacking. The coin dealer in the town i live in ripped me off hard. I didnt realise it until months later. When you hear a coin dealer say, "SWEET!" With emphasis and you see him quickly run to his computer, almost breaking his knecj to get to it. You know you got bent over and he didn't ask Diddy for baby oil.
😂😂😂
Sorry that happened to you man. However, your story was kind of funny.
Thank you Daniel. We appreciate the heads up.
They need to make a law when a fake or counterfeit coin is presented. The dealer has to strike it as fake or take the information of the person who is trying to sell it and turn it into law enforcement. I know it puts the dealer at odds with the customer. This garbage needs to stop.If it was mine and I didn't know it was counterfeit. I would mark it as counterfeit once I found out.
18 US. Code 485 covers that, simply possessing a counterfeit coin could be an offense. Knowingly trying to pass one off as real definitely is. Now if these were genuine but restruck or modified that might not apply because they would be fake not counterfeit.
It's just more than the 81cc they come in all the key dates and mint marks from China
No pcgs embossed in the slab and the sticker in the back is on the outside of the holder
the dealer needed to have an automatic door lock and a gun.
Thanks for this huge service to the hobby, Daniel!
That dealer is a good candidate to be a CoinHelpU subscriber, sounds like. 🤔
LOL. Yes
I can tell immediately. The font isnt correct on the label. Great video
thats crazy they tryed two day back to back. some people trying to move fakes
. i wounder if people get hooked on trying to get one over on someone. ick i hope not
BUY THE BOOK and get educated first
Thanks Daniel. I remember your video on that family bringing in the 3 fakes to your shop, them cracking one out and bringing it back in the next day. Educate yourself. KNOW what you are buying and KNOW what you have
Should have called the cops even coming back twice in one hour I would’ve been suspicious
I'll admit I'm an anacs guy myself. I like there older grades personally.
Damn, that totally sucks
flea markets have these 81cc floating around too, i've seen this coin in fake slab.
Hello coin help, I purchased two 1921 peace dollars that came in PCGS holders, and both were fake coins. They had the same serial number on the holder. I donated one to ANA. for their program. I also had a 1909S Lincoln cent that was fake, too.
Thanks China!
The coin market is a scary business now. Non of us can afford to lose money on coins. I’ve gotten duked a few times for a lot of money.
Accountability
First, fake coins, now fake slabs, i got stuck with a few fake pandas that i got years ago, didn't check them out until now. I stamped fake on them to remind myself to watch out for fakes. you got to do your homework, Thanks Daniel for the video.
They've been around for a long time.
Ouch 🤕
If you want to see other examples just ask
Trying to sell Counterfeit money is a Federal Offense, and comes with a stiff sentence. 20 years AND A $250,000 fine.
I wouldn’t have let then get by with what they did, but we know coins better than that in our shop.
Those are super fake.
That's part of why I pretty much stick with lower-end coins... who wants to go to all of the trouble to produce a fake coin and put it in a fake slab, just to rip someone off for $8?
I am not a coin dealer and first off the label looks fake then next I notice there is no PCGS logo in bottom right corner slab third guy should have looked in light at tag in holder the fake ones don’t have tag in it
Folks need to educate themselves before becoming a coin dealer..
I just saw a post selling a PCGS body bag 16-D. He’s upfront about it being counterfeit. Not sure this is morally right though….
It is technically illegal to own, so you could report the seller.
Verify your number. I've been sent fake stuff. Luckily, someone told me they were fake, and I was grateful they did
I got burned big time buying a 1807 liberty $1 on Ebay ! It looked really nice and weighed out ! But learned it was a temu fake ! Buyer beware !
Buying collector coins is great and all, but everyone should be buying silver bullion by the ounce.
👍🏾
Thanks for sharing
He wasn't that experience in selling and buying coins
Counterfeit coins may kiil this hoppy.
Counterfeits have been around since ancient times.
The mega red book also has some examples, there is alot of fake gold coins in fake slabs as well. Very scary.
I've been stacking silver since late 2011 I've never tried to sell anything don't coin dealers take down the name phone number and address if sellers in case this happens?
Some do, but most do not.
Thats why i order from you still waiting to see when you get more standing liberty quarters for sale
There is no telling the amount of absolute fakes sold on Ebay, Etsy etc... that are being held as investments, being given as gifts or being inherited. These are going to be on the market forever. People don't even realize they cannot even trust the feedback system because the unsuspecting buyers are giving positive feedback. Potential buyers should realize if the deal is too good to be true then it actually is!
People will " RIP you OFF " if they can . Too bad fer the dealer whome got taken ( ROBED ) . Video may help catch the guy . Put that OUT ON the web ! THIS GUY IS A THIEF ! Ya just really have ta be careful .......even then , ya never know . Tom Daytona Beach , FL . 18 , Dec . 2024 .
so the coin dealer does not have a scale, or a sigma? Something fishy about him getting ripped off twice.
No, he trusted the slab over commonsense.
@CoinHELPu I trust nothing with pcgs on it. When I first started stacking and did not know better I got took because I was the same the slab had pcgs and I thought you could trust that. Learned valuable lesson. Trust but verify
They're coming in from China.
If you show me and help me sell my coins I’ll give you half .
I don't do consignment. I don't sell potential mint error coins, we only deal in graded mint errors and varieties.
Could have been Karma maybe the shop is known for low-balling and now they're on the opposite end of the s sandwich Everybody's got their overhead LOL
Somones salty
Possible,I had a dealer steal my best high-leaf quarter.Probably a 68 grade.Sly "eagle eye" pizza faced old crook pos
So many fakes, sad.
it’d be nice if you told us or showed us why it’s fake.
@@davefried Label doesn't look genuine, no PCGS logo in lower right bottom, and most likely cert number is the same on all 3 fakes.
Jacks article on coinweek goes into detail why it’s bad
Besides the coin itself looking slightly cartoonish, the spacing of the words on the insert were too close together or bunched up at the top of the insert leaving to much blank space in the middle and lower part. It wasn`t uniform.
I posted the link to Jacks article in the description and pinned comment.
@@CoinHELPualthough i do thank you for that, i did read it and he doesn’t show or tell why they’re fake either :(
About time a coin dealer got what they deserved. What comes around goes around. I will never sell to another coin dealer again. Im new to coin collecting and stacking. The coin dealer in the town i live in ripped me off hard. I didnt realise it until months later. When you hear a coin dealer say, "SWEET!" With emphasis and you see him quickly run to his computer, almost breaking his knecj to get to it. You know you got bent over and he didn't ask Diddy for baby oil.
So you know this Canadian coin dealer personally or have done business with him?
He paid an extremely fair price for the two he bought before he realized they where fake, so I am curious how he deserved to be ripped off. Can to elaborate?
Do you know that I am a coin dealer too and this is my channel I use to share and educate on honesty and education of the coin collecting hobby?
I am really curious why you made this comment, as if all dealers deserve to be ripped off.