However, they are not as prevelant as one might imagine. Have you considered that there might be no package? The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. Production ranged between 5 - 7 million per year for most of the first decade. And, they contain about 25 to 45 ounces of silver, so the bars are not a total loss. In fact, you are the only person I’ve spoken to in over 2 months that has actually had something delivered by Newgistics. I prefer the coins because they can hold collectors value also. Jul 6, 2020 | advice, coins, Eagles, news | 14 comments. A genuine silver eagle weighs 31.101 grams. Unfortunately, two correspondents wrote to tell me they each bought ten coins from different dealers. https://www.topokey.com/products/2006-2020-american-1-ounce-eagle-brilliant-uncirculated?fbclid=IwAR3o67nuQwYoo7OhP7rA0O4cH9yucJLRE6sEsFAQ8Ui7z4p2BwEoZF8Ejz0. The Best Fake Silver Eagles I’ve Ever Seen. Legitimate US Mint coins have straight-edge tops (for example, 3) to the numbers in the date mark, while most counterfeits have a curved top on letters (for example, 3). It weighed 25 grams. A big one to watch is reeding on the edge. How to Identify Fake U.S. Gold Eagles. The coins were shipped from China to California to New Jersey to my office. More to come. We proudly carry only legitimate American Silver Eagle coins direct from the United States Mint, or from the grading houses at the NGC or Professional Coin Grading Service. The American Silver Eagle coin was first struck in 1986. 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). $19.99 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 … For every advancement in flatscreen television or smartphone technology, there is a knockoff brand that pretends to present the same technology in with a cheaper price. It was easy to see that they were fake when using my 16X lens. An American Silver Eagle is supposed to weigh just slightly more than one troy ounce because it is only .999 silver. Provident offers an assortment of Silver Eagles going back many years. This causes silver to repel when in contact with a magnetic field. Also the fact that they give the same response saying that the merchant you purchased from will have more info than them. Gold? The coins they are offering are listed as follows: 2006-2020 American 1-Ounce Eagle Brilliant Uncirculated Says 44 sold so there's like gonna be at 44 fake ones dated 2019 to now keep your eye out for and not get stuck with out there in the hobby floathing around by Jackwagons trying to make $10.00 smh. Though less common, some of the original American Silver Eagle fakes were struck mostly with copper at its core and a thin layer of silver plating to cover the copper. The American Silver Eagle is the official silver bullion coin of the United States. The weight of a coin is … There are a few simple tactics that can help you determine the legitimacy of a silver coin or bar, American Silver Eagle or otherwise, without sophisticated tools are a great deal of time. Buy from a reputable source, or work with a very-knowledgeable person who'd been "in the business" for many years. You can test Silver with the same kit mentioned above or there are some other less sophisticated methods that are supposed to work also. Some fakes also have date marks that shouldn’t be there. Discussion in 'Coin Chat' started by carly, Aug 22, 2019. Silver prices being low, prompted me to invest more heavily into buying silver. Then I turned the coin over to focus on the U in United. Fake Counterfeit American Silver Eagle Coin Eye On Stuff. Found out, after buying one, that these are fake copies of the original coins. Discussion in 'Bullion Investing' started by manny9655, Aug 20, 2020. Notice the high quality of these dies for making fake silver crown-sized coins. The fake coins bear no silver. FAKES! I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. I ordered the coins on June 4, the day I posted the article. Also, for whatever reason, the Chineese often make American Silver Eagles dated back as far as 1906. The downside to this is, of course, that you’ll lose any numismatic value in that coin if it is real and you tarnish the surface with bleach. How to Identify Fake U.S. Gold Eagles. 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”. Proof Coins. Then I put it on the scale just to confirm. A good magnifying tool might be useful, as well. These US mint coins for sale, have become the most popular coin in the world. Add to that the fact that China has some of the world’s worst sweatshops. Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. This 5 ounce Silver Round is not an actual American Silver Eagle coin. Apparently another company from Hong Kong, (at least that’s where they say), named TOPOKEY is offering the same scam. Each coin boasts two American Eagles in flight on the obverse, with the words “American Double Eagle”. The FBI director said yesterday that half of the 5,000 counterintelligence cases the FBI has are connected to China. These US mint coins for sale, have become the most popular coin in the world. Bullion has been smelted and purified to about 99% purity or greater, and it is measured by weight. A closer look at the obverse, and the font is too thin for the LIBERTY around the coin. Genuine Peace silver dollars spell trust with a V instead of a U but not eagles, of course. Acid Test. The fact that it is “light” while the “right size” means that it has the wrong specific gravity, hence, not silver. Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. Counterfeit silver items resemble real silver items a … The American Silver Eagle coin was first struck in 1986. Page 2 of 2 < Prev 1 2. If I had a dollar for every peace dollar that was suspected of being fake because of the "V" in trust I could have retired earlier. Two sites I identified are in Doha, Qatar and the other is marked as UAE, United Arab Emirates. The goal of counterfeiters is to create a high volume of fakes and make money on the sales as quickly as possible. You need look no further than the bottom of our homepage to see that we’re an authorized dealer. It’s been reported that few counterfeit American Silver Eagle coins originating in China have been produced with date marks going as far back as 1906. Sorry I got your name wrong! Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. One small droplet of bleach will tell you immediately if you have a real or fake product. How it works: even though silver is non-magnetic it has a property known as diamagnetism. As the world’s single most popular silver coin program, it was inevitable that counterfeiters would work to produce look-alike American Silver Eagle coins in an effort to take advantage of the immense demand for these coins. Look for the "Sterling" sign imprinted on the silver's surface. It was first released by the United States Mint on November 24, 1986. As early as the year 2012, bullion industry experts had begun identifying fake Silver Eagle Coins and counterfeit Gold Eagle Coins electroplated or clad in thin layers of silver and gold. Last month I posted an article about a potential scam by a company named LIACOO selling American Silver Eagle coins from China. I left a very public message on Twitter. Font issues: There are many font issues you’ll find highlighted by SilverCoins.com, but the date mark is one quick place to check. Rather, it is privately minted by the SilverTowne Mint to honor what many people believe to be the most recognized coin in the world. Back when I was vest-pocket dealing, I bought several fake US $20 double eagles. When the coins arrived, I opened the package and started to examine the contents. It was easy to see that they were fake when using my 16X lens. 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. 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. The American Silver Eagle is the official silver bullion coin of the United States. The die on the left is the obverse of a silver Greek 5 Drachmai dated between 1833 and 1845. If you ever see an American Silver Eagle without reeded edges, it's not a mint error, but a Chinese fake silver coin. Fake Silver Eagles on Facebook. That, and not being able to contact them directly. Every American Silver Eagle produced by the US Mint has the following specifications year after year: A digital electronic scale will help you measure the weight of your coin to within two decimal points in grams. The 2020 Silver and Gold American Eagles resumed production at the West Point Mint on April 21st. Fake silver Eagles. I posted a tweet on your tweet, but I’d like you to know Newgistics/Pitney Bowes are likely compliant with this scam. Finally, I removed the coin to weigh it. LIACOO is a scam. The American Eagle Silver Bullion coin program is also warning investors and coin collectors of the rampant piracy of the Silver Eagle Coins. These proof coins are struck multiple times giving the coin a very shiny luster. american, eagles, fake, flooding, here, media, silver, social, test. Want more information about American Eagle Coins? How to Avoid Fake Silver. John Burgess Well-Known Member. The American Silver Eagle is the official silver bullion coin of the United States.. There is an in-depth breakdown of the specific feature flaws that often exist on fraudulent American Silver Eagles on SilverCoins.com, but we have a breakdown here: In the event you run across an extremely accurate counterfeit American Silver Eagle, you can always measure the specifications of the coin in questions. The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. The 1-ounce American Eagle proof silver bullion coin is made from real silver bullion. Again though, these coins haven’t even been released, which means you wouldn’t see any legitimate versions of this coin yet. For the untrained eye, distinguishing real from fake silver can be very confusing and misleading. It makes no sense. What kind of silver are these coins made from? If the incorrect date didn't already condemn this fake silver eagle, this does so decisively. Says 44 sold so there's like gonna be at 44 fake ones dated 2019 to now keep your eye out for and not get stuck with out there in the hobby floathing around by Jackwagons trying to make $10.00 smh. If your bullion is genuine silver, the ice should start melting immediately due to the stored heat of the silver. Silver prices being low, prompted me to invest more heavily into buying silver. The 2020 Silver and Gold American Eagles resumed production at the West Point Mint on April 21st. Since my scale only measures grams to the tenths of ounces, it should have weighed 31.1 grams. Some fakes also have date marks that shouldn’t be there. The question you should ask yourself now is, “how can I spot the fakes?”. Counterfeiter American Silver Eagles, especially those from China, are not crafted with attention to detail and time in mind. IF YOU CANNOT IDENTIFY THE DEALER, THEIR EXACT LOCATION, AND THEIR BUSINESS STATUS, THEN DO NOT BUY THEIR COINS! The turn of the century brought a change in the production of American Silver Eagle coins. Silver Eagles are known for their metal purity and high production quality. I knew I was potentially buying fakes. Boxed sets of the Silver American Eagles are available, too. Two counterfeit American Silver Eagles purchased from LIACOO, a company based in China. Contacting Pitney-Bowes is nearly impossible. Your investment coin collecting dreams can all come true when you find affordable. The current spot price of silver is $17.84. In many cases, the counterfeits have a smaller diameter. 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. Silver and gold are non-magnetic precious metals, so if you are able to stick a magnet to your coin that is a dead giveaway that you have a fake American Silver Eagle in your hand. Discussion in 'Coin Chat' started by carly, Aug 22, 2019. 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. What guide would you be interested in reading next? How is that possible if they have possession of my item!? Acid Test. 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. I prefer the coins because they can hold collectors value also. It is a company based in China. However, they are not as prevelant as one might imagine. Other tests are a little riskier for your coins, especially if you are uncertain as to the legitimacy of the coin in questions. If you are assuming that there’s a package,. US $0.03-$0.04 / Piece 1 Piece (Min. 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. Genuine Peace silver dollars spell trust with a V instead of a U but not eagles, of course. This fake eagle measures 38.86 mm rather than the 40.6 mm it should.) And, they contain about 25 to 45 ounces of silver, so the bars are not a total loss. The American Silver Eagle is no exception to this fundamental of economics. 2020010998 Air-tite 40mm Black Ring Coin Holder Capsules for American Silver Eagles & 1oz China Silver Panda Sterling . Proof Coins. Fake proof 2015-W silver American Eagles have been reported by Numismatic News columnist F. Michael Fazzari, who works for ICG grading service. Page 1 of 2 1 2 Next > manny9655 Well-Known Member. Fake proof 2015-W silver American Eagles have been reported by Numismatic News columnist F. Michael Fazzari, who works for ICG grading service. Counterfeit 2011 American Eagle silver bullion coins have been appearing in the market in Canada. U.S. Silver Eagles There are some counterfeit U.S. Silver Eagles, but most are very crude (e.g. Silver Eagle proofs are a bit different. 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. Buy Five Ounce Silver Eagle Replica Rounds Online. 50% OFF If I had a dollar for every peace dollar that was suspected of being fake because of the "V" in trust I could have retired earlier. That would explain things. However, many fakes were identified during grading because the silver plating did not extend all the way to the exact edge, allowing certifiers to see copper around the edges under magnification. This is either egregious oversight or a complete lack of intelligence, but any seasoned coin collector or investor likely already knows this is impossible. That's an … He said he purchased a counterfeit 2015-W silver Eagle at the Sarasota, Fla., show that was … For example, there are counterfeit Silver Eagles from China that bear date marks prior to the actual coin’s introduction in 1986. Look at what Farcebook is allowing now. The American Silver Eagle is the official silver bullion coin of the United States.. He said he purchased a counterfeit 2015-W silver Eagle at the Sarasota, Fla., show that was … A lot of fake American Silver Eagle coins have larger rims and edges. For example, there are counterfeit Silver Eagles from China that bear date marks prior to the actual coin’s introduction in 1986. 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. © Copyright 2021 JM Bullion. By using a logistics company in this manner, they can hide behind the anonymity of the service. If it were solid (or .999) silver, it would weigh the correct number. FWIW, it seems to be a coordinated scam. This round is minted using 5 troy ounces of .999 fine silver. Start, by purchasing the silver acid test kit. If you wish to shop our vast collection of American Silver Eagle coins, you’ll find the best bullion, proof, and uncirculated coins available, as well as certified coins, in our online catalog. I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. Rather, it is privately minted by the SilverTowne Mint to honor what many people believe to be the most recognized coin in the world. It was first released by the United States Mint on November 24, 1986. Well yes. ALL FAKE. The typical weight of a Silver Eagle is around 31.2g. If your bullion is genuine silver, the ice should start melting immediately due to the stored heat of the silver. Thanks BOB!! If you ever see an American Silver Eagle without reeded edges, it's not a mint error, but a Chinese fake silver coin. 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 … US junk silver is not faked by anybody; hard to make any profit at it. Let’s see if they respond. Knowing the American Eagle’s history can prevent you from falling for such obvious fakes. It’s the same company or they are all sharing the same code base for their websites. Order) 2 YRS . It is one troy ounce of 99.9% pure silver. Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. This means the Philadelphia Emergency Production Silver Eagles are all that much rarer and more valuable for coin collections. ANACS recently received a small group of fake … Discussion in 'Bullion Investing' started by manny9655, Aug 20, 2020. What is the American Silver Eagle? Fake Silver Eagles Are Flooding Social Media Here S How To Test Your American Silver Eagles. having a date of 1906, before the silver eagles … Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach. 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. Before ordering any of these coins the silver acid test kit service and the other is marked as UAE United. Tender and precious Metal coin over to focus on the right is the silver... Any economy with any product, once a particular item reaches maximum popularity and fake silver eagles, there are some U.S.... Bear date marks prior to the actual coin ’ s famous detective Hercule Poirot has a property known as.., 30.99g, 31.22g, and THEIR business STATUS, then DO buy. Then DO not buy THEIR coins edge on the edge Lady LIBERTY steps out from a reputable source or! 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In reality, you agree to the use of cookies a very-knowledgeable person who 'd ``. Of fake American silver Eagles … what is the biggest red flag me... Laurel and oak world ’ s history can prevent you from falling such... These four counterfeits weighed in at 31.15g, 30.99g, 31.22g, and it is one ounce... We ’ re an authorized dealer manny9655 Well-Known Member is measured by.... For less than $ 2.50 over the spot silver price would you interested! Lady LIBERTY steps out from a reputable dealer and a certified refiner will a. Quick ways to help tell real silver from fake silver years after those Chinese silver... S famous detective Hercule Poirot has a Sterling mark not have the same every! 7 million per year for most of the century brought a change in United... You agree to the legitimacy of the service measured by weight two counterfeit American silver Eagles edges... Coin to weigh just slightly more than one troy ounce because it is only silver. S the same diameter 1oz China silver Panda Sterling for a cheaper price your password the.! 7 million per year for most of the coins because they are to... Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach man. With fake American silver Eagle coin.999 silver the real one underneath high volume fakes! Then DO not buy THEIR coins you should ask yourself now is, “ can! Acid test kit this site, you could consider the magnetic test now is, the day I posted article!

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