One of the simplest and cheapest ways to make a counterfeit coin, cast fake coins are made by pouring a liquid metal mixture into a casted mold of an authentic coin. Get informed. Also, no 1895 CC Morgan Dollars exist, and only proofs were struck from Philadelphia so no mint mark types exists! A danger with silver, however, is in fakes. I found a nice article that describes 3 quick ways to help tell real Silver from Fake Silver. Test Your Coins with a Magnet. Even the most obvious fakes can easily fool anyone who is not a trained expert. Another factor to consider is that the metal content of most fake Morgan silver dollars differs from the 90/10 silver/copper composition of authentic Morgan silver … Step 1: Read Up on Known Forgeries. You can test Silver with the same kit mentioned above or there are some other less sophisticated methods that are supposed to work also. 7. You can send additional scans of fake coins to help the others to avoid becoming a victim of coin fraud. How to Identify Old Coins. Toning may occur to coins of any metal, but is often particularly prominent for brass, bronze and silver coins. Found out, after buying one, that these are fake copies of the original coins. The details are usually softened and lack "sharpness". Nearly half are suspicious looking. A dead giveaway is the edges of the coin or reeding. Shady dealers have been peddling fake silver because it … For more way to test silver, check out SilverCoins Fake Silver Coins: 11 Ways to Spot Counterfeits. Most of the time, you probably can’t. The slightly gold colour of this coin reveals it to be a fake. Counterfeit Coin Countermeasure Bonus: Key Dates. The size of the coins vary considerable due to imperfect Roman flan production methods, but Roman die cutting was more careful with the beaded border of the aureus dies 19 to 19.5 mm across and denarii dies 18. Buy From Reputable Dealers. Dimes and quarters made before 1964 are 90% silver. Exposure to salt water corrodes a coin’s surface, so its appearance may look pitted. Spotting a fake: the pagoda. 5 Ways To Spot A Fake Coin Posted by admin on Wednesday, September 14th, 2011 As more people look to find different ways of preserving wealth and investing their hard earned cash in preparation for a better tomorrow, the attraction of silver as an investment has gained wider and deeper popularity. This often eliminates air-bubbles while adding sharpness. Centrifugal Casting: This is a rather recent process, wherein the coin is whirled in a centrifuge while being cast. While there may be deals to snatch up there, it may be best to go with a licensed & reputable dealer even if the premium is slightly higher. Half dollars are split, 1948-1964 being 90% silver, and 1965-70 being 40% silver. 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 original 5oz .999 pure silver coin has a 50 Yuan denomination stamped onto the front of the coin. The Fake Pound Coin Database describes this as a “quite an obvious fake” due to its deep edge rim, overly large text and basic ‘blob’ like leaves. If it sticks, it’s fake because real silver is non-magnetic. If iron or steel are present the coin will stick to the magnet and reveal the fake piece. Looking at enough real silver eagles, will give you a trained eye to easily spot the fake silver coins. Now I want to share how to tell a fake Canadian Maple Leaf coin from a real one. If a coin or bar sticks to it that means that it is a counterfeit. Ultimately anyone taking care when making a purchase should be able to spot these fakes, however it's possible that there are better fakes out there. Many Chinese counterfeit coins are magnetic, and it’s a dead giveaway if a silver-looking coin is attracted to a magnet. I Brought Them. completely. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar coin is a fake. Augustus struck Gaius and Lucius coins as both silver denarii and gold aureii, with specific dies for each denomination. Some pictures were taken from coin auctions of Russia, America, Germany and Austria. Any valuable item is going to have fakes. Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. A great way to find those fake silver coins is to use a neodymium magnet. Detecting counterfeit coins or fake gold bars can be as easy as using a magnet or spotting obvious errors, but Chinese fakes are getting better as criminals based there acquire sophisticated equipment such as 3D scanners and CNC mills. Coins have been minted since the 6th century B.C. I rarely encounter fake rare American coins on eBay, but fake Pandas are common. It's unfortunate but it's reality and silver is no exception. If you are buying silver coins or bars on ebay or craigslist, there is a higher probability that you will encounter a fake.A little common sense will go a long ways! The best place to start is to use a magnet. This method can also help collectors spot other counterfeit coins, including fake gold coins, silver coins, and more. Older coins are more susceptible to damage due to storage containers. This is the same as the ring test, except that you hold a silver coin with one fingernail on each side, and blow hard on the side of the coin. You then hold it to your ears, and it should ring with the distinctive tone of silver if it is pure silver. This is a very important indicator of a fake with these coins. All United States silver and gold coins are not attracted to a magnet. It’s amazing how few people even realize that for the first ~ 175 years of the US, silver was used in everyday coins and circulated throughout the economy as common money up until the year 1964, when they stopped making silver coins. One Of The Coins” A Draped Bust Silver Dollar. Fake silver dies in the photo include fake numismatic Greek Drachmas and British Crown coins as well as US coins. So There Were Only A Few Coins. Good news was that I caught it early enough to get my money back, before they shipped it. This version has really fooled a lot of people but it has one huge flaw that makes it easy to spot: the silver plating doesn't cover the area near the 1 oz. Above is an example of a fake 1895-CC Morgan Dollar, and it has the same appearance as the other fake silver dollar images, with disproportionate letters/numbers; notice the 9 in the date. The silver and gold coins are nearly always the wrong weight. I bought some counterfeit pandas directly from China a few years ago and […] With your Red Book, you may find a golden or silver needle in a haystack. A strong Alnico magnet (see the figure) works well for … I Went To A Pawn Shop” Searching For Silver Coins. This gentleman does a good job of explaining it. Here are the best ways to spot fake gold or silver. A lot of fake American Silver Eagle coins have larger rims and edges. Most of these counterfeit £2 pound coins originate from China, where so-called ‘ replica’ £2 coins are manufactured and sold legally, but it is illegal to import them into the UK. If the ice on the item melts faster than that of the pan, then the item is real silver as silver is a heat conductor. A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. 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