Classic Realcent Archives
Classic Realcent Archives
Home | Profile | Active Topics | Active Polls | Members | Private Messages | Search | FAQ
Username:
Password:
Save Password
Forgot your Password?




 All Forums
 International Coin & Currency Collecting
 Currently Circulating World Coins Forum
 Is your coin fake or not?
 Forum Locked
 Printer Friendly
Author Previous Topic Topic   

DesertTumbleweed402
Penny Pincher Member


USA
196 Posts

Posted - 05/05/2009 :  21:35:01  Show Profile Send DesertTumbleweed402 a Private Message
You must be logged in to see this link. Stumbled across this interesting website about how to spot fakes when it comes to silver coins.

I enjoy taking long walks off short piers.

Edited by - Nickelless on 05/06/2009 00:47:58

Google AdSense

USA
Mountain View


Nickelless
Administrator



USA
5580 Posts

Posted - 05/06/2009 :  00:48:43  Show Profile Send Nickelless a Private Message
I think this site will be a good resource for those of us who collect gold and silver, so I made it a sticky!


Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp
Go to Top of Page

Nickelless
Administrator



USA
5580 Posts

Posted - 05/16/2009 :  01:24:32  Show Profile Send Nickelless a Private Message
Here's a link that suggests using a magnet to spot fake silver:

You must be logged in to see this link.


Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp
Go to Top of Page

Silver Surfer
Penny Pincher Member



USA
148 Posts

Posted - 07/18/2009 :  01:17:17  Show Profile Send Silver Surfer a Private Message
Ebay pulls phony Canadian coins

You must be logged in to see this link.

"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis

Edited by - Silver Surfer on 07/18/2009 01:18:20
Go to Top of Page

cyberdan
Penny Collector Member



USA
289 Posts

Posted - 08/21/2009 :  10:32:22  Show Profile Send cyberdan a Private Message
quote:
Originally posted by Nickelless

Here's a link that suggests using a magnet to spot fake silver:


I spot many fake dollar coins at flea markets. The first giveaway is the rim. Feels sharp or rough and with a magnifying glass the ridges look uneven.

I was at one flea market and immediatly spotted some fake Morgans and asked the guy how much he wanted. His price was way too high even for real ones. I said "that much for counterfits?" got him all angry and on the defensive. I said look at the rims and walked away. About three "stores" down I look back at him and he was looking at all his coin's rims. I felt sorry for him because I could tell he really thought they were legit till I broke the bad news.
Go to Top of Page

rockdude
Penny Sorter Member



USA
28 Posts

Posted - 10/22/2009 :  23:22:40  Show Profile Send rockdude a Private Message
quote:
Originally posted by cyberdan

quote:
Originally posted by Nickelless

Here's a link that suggests using a magnet to spot fake silver:


I spot many fake dollar coins at flea markets. The first giveaway is the rim. Feels sharp or rough and with a magnifying glass the ridges look uneven.

I was at one flea market and immediatly spotted some fake Morgans and asked the guy how much he wanted. His price was way too high even for real ones. I said "that much for counterfits?" got him all angry and on the defensive. I said look at the rims and walked away. About three "stores" down I look back at him and he was looking at all his coin's rims. I felt sorry for him because I could tell he really thought they were legit till I broke the bad news.


Sadly there are many dealers who find it hard to ID counterfeits.

An artist is somebody who produces things that people don't need to have.
Andy Warhol
Go to Top of Page

beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 10/29/2009 :  22:09:49  Show Profile Send beauanderos a Private Message
Which means that the dealer will be offering them for sale to unwary buyers who are trusting of the dealer's integrity. Caveat emptor. I looked at the website DT402 linked and if you're buying silver dollars in bulk as I sometimes do it would be easy for these to sneak through. Who has the time to individually examine 500 silver dollars? I almost don't want to go look thru my bags.

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
Go to Top of Page

ronin
Penny Sorter Member



USA
36 Posts

Posted - 11/06/2009 :  10:35:00  Show Profile Send ronin a Private Message
About two months ago I purchased 150 "silver" coins from a seller on eBay, about half and half 1959 5 peso coins and 1968 25 peso Olympics. Every single one of them was a fake, the weights were off by 6 grams per coin, the edges were all reeded, and several of the coins showed bubble marks from casting. When confronted, the seller immediately refunded my money, but continued to offer them for sale, and had another 300 coins worth of sales close before I was able to get him shut down. I presented one of the coins to the CEO of eBay over dinner as an example of trust and security eBay style, and seller is now off eBay for good.

Interesting side note... I tried to report him to the Secret Service, thinking somebody who was doing $2-3,000 in counterfeit coins per week might be of some interest to them, and was told that they don't have the time or the interest in dealing with counterfeit coins, and that "most of the reports they get are just disgruntled collectors trying to rip each other off." Nice to know the Keystones are looking out for the integrity of our money supply!
Go to Top of Page

Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 11/06/2009 :  10:46:49  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
I'd bet they'd care if their Precious FRN's where being counterfeited.

Trolling is an art.
Go to Top of Page

mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 11/11/2009 :  10:42:23  Show Profile Send mickeyman a Private Message
There is word from China of a company offering to make gold-plated tungsten rounds in 1 oz, 1/2 oz, and other sizes. They claim to be able to put any design on it you like. Given this annoying possibility, it seems to me that a Ryedale or similar device should be able to distinguish between the two. Might it become a needed tool for coin dealers? I was talking to a local one yesterday about this.

I don't really know how the Ryedale works but assume it has to do with the electromechanical response to a varying magnetic field. All metals should respond differently. Gold (and silver, and copper) has a very strong response to a rapidly changing magnetic field because of induced currents.

I remember seeing a really interesting demo of this effect. A company was demonstrating rare earth magnets, and they had these enormous copper ingots. Copper is non magnetic right? So try to pull the magnet away as quickly as you can. There is fierce resistance. But if you take the magnet away slowly, there is no resistance. Similarly, in dropping the magnet over the bar, it nearly stops and hovers over the bar before landing gently on it.

Not all who wander are lost.
Go to Top of Page

mickeyman
Penny Pincher Member



Canada
243 Posts

Posted - 11/12/2009 :  09:55:50  Show Profile Send mickeyman a Private Message
Here is an article describing the above. What timing!

You must be logged in to see this link.

Not all who wander are lost.
Go to Top of Page
  Previous Topic Topic   
 Forum Locked
 Printer Friendly
Jump To:
Classic Realcent Archives © 2000-2010 Realcent.org Go To Top Of Page
This page was generated in 0.38 seconds. Powered By: ForumCo v3.4.05
RSS Feed 1 RSS Feed 2
Powered by ForumCo 2000-2008
TOS - AUP - URA - Privacy Policy
ForumCo Free Blogs and Galleries
Signup for a free forum or Go Banner Free