I bought these coins to prove my point. Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach. Enter your email address and we will send you a link to reset your password. Fake U.S. silver American Eagles are becoming more and more common lately, with many of the counterfeits originating in China. Fake Silver Eagles on Facebook. At first glance, they look fine, and then a closer look revealed problems. If you are shopping a brick-and-mortar location or receive an American Silver Eagle coin without a reeded edge, this should be your first sign that the coin is a fake. Your investment coin collecting dreams can all come true when you find affordable. The original 5oz .999 pure silver coin has … And, they contain about 25 to 45 ounces of silver, so the bars are not a total loss. I ordered the coins on June 4, the day I posted the article. This is either egregious oversight or a complete lack of intelligence, but any seasoned coin collector or investor likely already knows this is impossible. The American Silver Eagle is no exception to this fundamental of economics. The Chinese are stealing from this country left and right. Thanks to you, SCOTT, for your blog and your scam alert!! Otherwise, you may want to check the company further. 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. It can’t be solid silver if the diameter and thickness are correct. FAKES! The fake one is on top, and the real one underneath. However, they are not as prevelant as one might imagine. Circulated fake Silver American Eagle coins from China are invading the United States coin collecting market. Production ranged between 5 - 7 million per year for most of the first decade. They were offered in capsules and in pages. If you have a known, legitimate coin and receive one you believe is fake, compare the alleged counterfeit’s diameter to that of your real coin. Page 2 of 2 < Prev 1 2. ANACS recently received a small group of fake … If you are assuming that there’s a package,. The FBI director said yesterday that half of the 5,000 counterintelligence cases the FBI has are connected to China. 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. Counterfeit 2011 American Eagle silver bullion coins have been appearing in the market in Canada. This test identifies both genuine and counterfeit bullion through a small chemical reaction. Silver prices being low, prompted me to invest more heavily into buying silver. The US Mint produced 5.3 million silver Eagles in the first year. Both lost over $200 with the shipping costs. These US mint coins for sale, have become the most popular coin in the world. The 1-ounce American Eagle proof silver bullion coin is made from real silver bullion. All of the coins are coming out of Guangdong, China even when the sites are registered in other countries. Silver Eagles can often sell for less than $2.50 over the spot silver price. Other tests are a little riskier for your coins, especially if you are uncertain as to the legitimacy of the coin in questions. The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. I ordered the coins on June 4, the day I posted the article. The turn of the century brought a change in the production of American Silver Eagle coins. 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). Sorry I got your name wrong! The American Silver Eagle coin was first struck in 1986. 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. With so much attention on the coins, counterfeiters are working hard to develop fake American Silver Eagle coins that grab attention with low prices and look, for all intents and purposes, legitimate. Also, for whatever reason, the Chineese often make American Silver Eagles dated back as far as 1906. This is based on tracking information. In any economy with any product, once a particular item reaches maximum popularity and demand, there are bound to be knockoffs. The original 5oz .999 pure silver coin has … 1-ounce American Eagle silver bullion coins on eBay. Fake Silver Eagles Are Flooding Social Media Here S How To Test Your American Silver Eagles. Apparently these guys are going by various names. Fortunately, silver is quite a unique element and most fake silver consists of cheap metals that have very little in common with the real deal, making them easy to spot. How to Avoid Fake Silver. Fake silver Eagles. 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. For example, there are counterfeit Silver Eagles from China that bear date marks prior to the actual coin’s introduction in 1986. Add to that the fact that China has some of the world’s worst sweatshops. These proof coins are struck multiple times giving the coin a very shiny luster. The die on the left is the obverse of a silver Greek 5 Drachmai dated between 1833 and 1845. He said he purchased a counterfeit 2015-W silver Eagle at the Sarasota, Fla., show that was … 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. Back when I was vest-pocket dealing, I bought several fake US $20 double eagles. It is a company based in China. 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 … Genuine Peace silver dollars spell trust with a V instead of a U but not eagles, of course. It is not a friendly country. Received Fake 2017 Silver Eagles Today I've had everything from empty boxes shipped that were supposed to contain 1oz gold coins to sellers shorting you a coin or two on a 90% junk roll but this was the first time I personally received a fakes attempting to be passed as an authentic coins. 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. I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. European silver has different hallmarks, including a leopard head, anchor, standing lion, crowns and numbers.You may need to use a magnifying glass to read the word "Sterling" or to see the European hallmarks. DO NOT BUT FROM THEM! I ordered two coins to confirm my suspicion. 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 … This can be very confusing and misleading worst sweatshops metals forums in the business '' for many years your... Years after those Chinese fake silver Eagle coin was first released by the United States your.! It was first struck in 1986 moving down a magnetic slide will move slower than fake silver 30th coins! 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