I bought this on eBay and it came today. Contacting Pitney-Bowes is nearly impossible. For example there are counterfeit silver eagles from china that bear date marks prior to the actual coins introduction in 1986. They are faking tracking updates which is the biggest red flag for me. How to spot a fake american eagle gold coin. As you might imagine, our first thought was, “Why would someone go to the trouble to counterfeit such a common, reasonably low-value coin?”. The weight and diameter of these fakes was within tolerance for a genuine coin, which is an “improvement” over previous fakes that were often significantly underweight. All Morgan Silver Dollar coins were originally struck by the United States Mint with .900 silver content and .10 copper. Every week, someone calls our offices with an accumulatio… These freshly made fake Chinese ancient coins are made by the same counterfeiting operation that makes the silver dollars, crowns, and other fake silver and copper coinage depicted in this gallery. Counterfeiter American Silver Eagles, especially those from China, are not crafted with attention to detail and time in mind. Fake silver eagles. The top supplying country or region is China, which supply 100% of replica coins … There are also many dealers that buy wholesale fake coins and bars from China, passing these off as legitimate and profiting from the large margins. The “O’s” are round on the 2014 and more of an Oval shape on the 1986. Some were brought back by tourists visiting the Far East, and others showed up randomly at flea markets. It can’t be solid silver if the diameter and thickness are correct. The american silver eagle originated in 1986 some 80 years after those chinese fake silver eagles. This ships from China and there have been 199 sold so far. Then I put it on the scale just to confirm. As for counterfeit collectible silver coins, they tend to be, but are not always, older coins – such as classic American issues from the 18th and 19th centuries, rare Chinese coins from the past, or coins such as the 1891 Eritrea 5 Lire silver coin, and other valuable, old world coins. Ending Thursday at 9:09AM PST 2d 5h. How is that possible if they have possession of my item!? Look for Specific Features. A closer look at the obverse, and the font is too thin for the LIBERTY around the coin. Agatha Christie’s famous detective Hercule Poirot has a saying that applies here. Proof silver American Eagles sell fairly easily around $40 to $50 per coin, with some dates selling for a bit more. Just received four fake American Silver Eagles from the seller. Lot of 3 Chinese China Silver Coins. During July of 2010 sellers of counterfeit Chinese coins on eBay sold more than $30,000 of fake Panda coins to the public. If you are assuming that there’s a package,. Images by Raymond Bruels III, courtesy of ANACS. 50% OFF The thicker the plating is, the more “ordinary” the brass alloy may be. However, how many collectors and silver investors actually take more than a cursory look? $6.00 shipping. The weight of a coin is … I bought some counterfeit pandas directly from China a few years ago and […] If you find someone selling legitimate American Silver Eagle for $17.00-17.50, they will probably sell the coins to convince you to do further business with them. The details around the rim and on the eagle feathers are incorrect as well. The Internet makes it easy for unscrupulous dealers to buy counterfeit gold and silver coins made in China. If you’d like to talk more you can contact me at . They are narrower in diameter and thicker than the real thing. I bought these coins to prove my point. Chinese coins in the mixed category will contain Empire and PRC coins of various compositions, grades, and years. I will have another post up by Friday with the results of my investigation. That, and not being able to contact them directly. More to come. A wide variety of replica coins options are available to you, There are 673 replica coins suppliers, mainly located in Asia. The Chinese are stealing from this country left and right. This fake eagle measures 38.86 mm rather than the 40.6 mm it should.) Archived. Thanks to you, SCOTT, for your blog and your scam alert!! Know the weights and appearance. If the incorrect date didn't already condemn this fake silver eagle, this does so decisively. I spent less than $30 for education aids. Some time ago I wrote about fake Silver Lunar Dragon coins which had been discovered: Counterfeit Silver Lunar Dragons - Don't Get Stung! China Replica Coins wholesale - Select 2021 high quality Replica Coins products in best price from certified Chinese Customized Coins manufacturers, Custom Medal Coins suppliers, wholesalers and factory on Made-in-China.com Previous counterfeit Morgan Silver Dollars have been identified with improper weights. When the coins arrived, I opened the package and started to examine the contents. I’ll find that out soon. 11 bids. IF YOU CANNOT IDENTIFY THE DEALER, THEIR EXACT LOCATION, AND THEIR BUSINESS STATUS, THEN DO NOT BUY THEIR COINS! Knowing the American Eagle’s history can prevent you from falling for such obvious fakes. Order) 2 YRS . Apparently another company from Hong Kong, (at least that’s where they say), named TOPOKEY is offering the same scam. I saw enough at that point. The orientation is wrong. The pieces we saw were all aligned with a “medal turn” where genuine examples have a “coin turn.” The details are not an exact match, with noticeable differences in Liberty’s face, gown, and the flag behind her, and especially the lettering on the reverse. This time the victim (coin being copied) is 1oz Perth Mint Coloured Lunar Coins (both Series 1 and 2). "2020 American Silver Eagle .999 Fine Silver Uncirculated US 2020". Opening a case today. The drill mark on the E in OUNCE exposes the base alloy core. Also the fact that they give the same response saying that the merchant you purchased from will have more info than them. This example was among several fake Proof 2010-W American Eagle silver dollar recently submitted to ANACS for certification. Tonight I bring you a new warning. 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 left a very public message on Twitter. At first glance, they look fine, and then a closer look revealed problems. This is based on tracking information. DO NOT BUT FROM THEM! 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. 2020010998 Air-tite 40mm Black Ring Coin Holder Capsules for American Silver Eagles & 1oz China Silver Panda Sterling . What guide would you be interested in reading next? The die is 180 degrees rotated (a common problem because the Chinese think our coins are rotated the same as theirs) and it sticks to a magnet. Sorry, your blog cannot share posts by email. ANACS recently received a small group of fake Proof 2010-W American Eagle silver dollars for authentication and grading that I thought I would share with readers. Once you take a good look at one of these fakes, they are not that difficult to detect. What appears to be a 1-ounce silver bar from SilverTowne is actually a silver-plated brass counterfeit fabricated in a facility in China. 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”. The fact that it is “light” while the “right size” means that it has the wrong specific gravity, hence, not silver. Posted by 1 year ago. The counterfeiters accomplished this by increasing the thickness of their product. PRC (People's Republic of China) coins were produced in 1949 and often show fewer signs of wear and may be more affordable. The pieces measure 38.1 millimeters in diameter and weighed 26.73 grams. American coins rotate top-to-bottom; these fakes rotate side-to-side. $154.50. Sorry I got your name wrong! 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. eBay refuses to effectively police their website despite numerous alerts from dealers and collectors. US $0.03-$0.04 / Piece 1 Piece (Min. In this case, an examination of their website has no information about who they are. FWIW, it seems to be a coordinated scam. Nearly half are suspicious looking. I ordered the coins on June 4, the day I posted the article. The third categorical value is mixed. Now let us address the newest threat to numismatics: Chinese counterfeits. The coins were shipped from China to California to New Jersey to my office. Trouble on eBay $30,000 of Counterfeit Chinese Panda Coins Sold in One Month. I do not know the composition. Two counterfeit American Silver Eagles purchased from LIACOO, a company based in China. About 86% of these are metal crafts, 2% are mechanical watches, and 1% are coin operated games. For example, there are counterfeit Silver Eagles from China that bear date marks prior to the actual coin’s introduction in 1986. Unfortunately, two correspondents wrote to tell me they each bought ten coins from different dealers. Under magnification, ANACS graders noticed a few tiny areas on the edge where the plating was incomplete, allowing copper to show through. Finally, I removed the coin to weigh it. Measuring or comparing the thickness of a potential fake cannot be done if the coin is in typical Proof packaging. Let’s see if they respond. Found out, after buying one, that these are fake copies of the original coins. I took them to a local coin dealer and he confirmed that they were not the correct weight, didn't "flip" correctly, and (get this) were made of copper. It is not a friendly country. Press J to jump to the feed. The current spot price of silver is $17.84. Different certification types for Chinese coins Compared to a genuine coin, details are different, including in Liberty’s face and the flag on the obverse but especially in the lettering on the reverse. The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. Since my scale only measures grams to the tenths of ounces, it should have weighed 31.1 grams. LIACOO used the services of Newgistics, which is now a subsidiary of Pitney-Bowes. Then I turned the coin over to focus on the U in United. Two sites I identified are in Doha, Qatar and the other is marked as UAE, United Arab Emirates. DO NOT BUY CHEAP EAGLES FROM RANDOM WEBSITES! Seeing lots of blatant counterfeit Silver Eagles on eBay lately. When the coins arrived from China I was suspicious (of course). Unfortunately, if the fake is inside a plastic capsule, as Proof coins are normally packaged, you will not be able to inspect the edge. I am so glad I read your scam alert before ordering any of these coins. ... there are all sorts of various types of fake silver Eagles from poorly done replicas to ones you can't tell apart with the naked eye . Market Analysis: Wrong planchet strike easily understood error, Royal Mint design for coin under fire for wrongly depicting alien war machines, Next €20 note to include a coating of protective varnish, Expect Jan. 11 deliveries of 2021 American Eagle bullion coins. CBS news reported a few years ago that.a man in this country was cheated out of $84,000 on Chinese fakes. ... 2006 Panda Coin – Silver Chinese Panda Coins. While an unscrupulous individual will not get rich buying at $2.50 and selling at $40 (and might end up with free room and board if caught), there is certainly a profit motive. While even only 5 years ago fake Chinese silver coins were fairly easy to spot with the naked eye by anyone with even a little experience in the coin market – these leaked photos appear to confirm rumors that have been circulating the industry over the past year – that high quality Chinese counterfeit silver coins are now appearing, duping even experienced professionals when not properly examining and … Although the coins might appear to have been dug up from the ground, they are merely treated artifacts that were cast within the past couple of weeks. Proof silver American Eagles sell fairly easily around $40 to $50 per coin, with some dates selling for a bit more. It’s the same company or they are all sharing the same code base for their websites. $9.98 The original 5oz .999 pure silver coin has a 50 Yuan denomination stamped onto the front of the coin. That’s the only advice I have. I rarely encounter fake rare American coins on eBay, but fake Pandas are common. PCGS AU 1949 China Sinkiang Province Silver Dollar . My first impression was that there are almost no rims on the coin. Otherwise, you may want to check the company further. These fakes are made of copper, with a light silver plating to give them the proper look. The coins they are offering are listed as follows: 2006-2020 American 1-Ounce Eagle Brilliant Uncirculated A genuine silver eagle weighs 31.101 grams. Counterfeit Detection. Why? $949.00. LIACOO is a scam. The coins are in a slab-like holder similar to the Coin World holders but without the Coin World logo. It weighed 25 grams. In fact, you are the only person I’ve spoken to in over 2 months that has actually had something delivered by Newgistics. If you buy Chinese silver Panda coins on eBay, you could be purchasing a counterfeit coin.Many Panda coins listed on eBay are fake. The above paragraphs deal with the counterfeit rare coins that have been lingering about the rare coin market for years. He says “assume nothing.”. Silver Chinese coins, along with silver trade dollars from the US and Hong Kong are among the most faked coins in the world; luckily they are easy to spot, while some others are harder. A quick bit of online research provided the answer. Fake U.S. silver American Eagles are becoming more and more common lately, with many of the counterfeits originating in China. Counterfeit 2018 silver eagle. I will investigate further, but I wanted to report my initial findings. Post was not sent - check your email addresses! Recently, this trickle has become a flood and created a real problem for the industry. I knew I was potentially buying fakes. For years, these coins have trickled into the United States marketplace. The font’s are different as you show in your example “Fake vs Real Silver Eagles”. Press question mark to learn the rest of the keyboard shortcuts That would explain things. We use cookies to ensure that we give you the best experience on our website. An American Silver Eagle is supposed to weigh just slightly more than one troy ounce because it is only .999 silver. It makes no sense. It is a company based in China. Close. 8 2 28. That must be where the fakes are made. Both lost over $200 with the shipping costs. Counterfeit coins can be found all over the world and it is bad for our hobby. They spent $19.95 per coin. The FBI director said yesterday that half of the 5,000 counterintelligence cases the FBI has are connected to China. Add to that the fact that China has some of the world’s worst sweatshops. Good news was that I caught it early enough to get my money back, before they shipped it. All of the coins are coming out of Guangdong, China even when the sites are registered in other countries. (The forger also got the diameter wrong. To help collectors and dealers identify counterfeit coins, NGC has prepared lists of the most commonly counterfeited US, Chinese and world coins with diagnostic information and images from NGC’s extensive database, as well as commentary from the NGC coin grading team. I checked the capsule with a 10x … Jul 6, 2020 | advice, coins, Eagles, news | 14 comments. Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. Recently purchased 2014 Silver Eagle on the web and 1986 Silver Eagle from local dealer whom I’ve used since I started collecting about a year ago or two. CHECK OUT COINS FOR SALE IN THESE POPULAR CATEGORIES, Fake Proof silver American Eagles from China, © 2020 Amos Media Company. 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. 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. However, a few quick methods exist to identify one of these fakes. Have you considered that there might be no package? Here is a link to their website if it will make it past mediation: To help collectors and dealers identify counterfeit coins, NGC has prepared lists of the most commonly counterfeited US, Chinese and world coins with diagnostic information and images from NGC’s extensive database, as well as … An online seller from China was offering the illustrated fake for $2.50 per coin (20 pieces for $50, including free shipping). SUPPORT: https://www.patreon.com/JuniusMaltby BEWARE, fake coins are flooding the market from China. 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). All rights reserved, Biden silver and bronze inaugural medals being offered, President Trump signs measure for centennial silver dollars, Mint reveals prices for currently available products, Buy & Sell Coins Online at the Coin World Marketplace. The authentic Chinese Dragon coin listed on this page has been made during the Qing Dynasty which was present in China from the year 1644 until 1911. $19.99 Thanks BOB!! Differences should be observable. If it were solid (or .999) silver, it would weigh the correct number. Without them I would probably be out some $’s. Compare the lettering on the reverse of this genuine Proof 2010-W American Eagle silver dollar to that on the counterfeit. Stay tuned! Want more information about American Eagle Coins? coinsblog.ws/2020/07/scam-alert-liacoo-is-selling-fake-silver-eagles.html The best place to start is to use a magnet. The fakes are much easier to detect once you compare one to a genuine coin, but first you have to know that there is a reason to take a closer look. I must tell you I was tempted to buy silver at half price for a hot second. I posted a tweet on your tweet, but I’d like you to know Newgistics/Pitney Bowes are likely compliant with this scam. BUY AND SELL COINS SAFELY AND WITH CONFIDENCE. These are all dated 2000, and are some what easy to distinguish as fake if examined closely, as details are not in correct scale on the devices, are NOT silver-incorrect weight, and they have the incorrect West Point mintmark (Proof Silver Eagles were not struck at West Point until 2001). https://www.topokey.com/products/2006-2020-american-1-ounce-eagle-brilliant-uncirculated?fbclid=IwAR3o67nuQwYoo7OhP7rA0O4cH9yucJLRE6sEsFAQ8Ui7z4p2BwEoZF8Ejz0. Get the best deals on Silver Chinese Coins when you shop the largest online selection at eBay.com. Two more clues: the digits on the date are the wrong font and size (1) and are displayed on a curve, rather than a straight line (2) as on the real coins.. My assessment was done quickly based on walking from the mailbox to my desk. By using a logistics company in this manner, they can hide behind the anonymity of the service. Counterfeit Detection. 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