I use it any time I need it. The last time was for a French Indo China 1 Piastre that looked good with good pix and the seller answered all my questions with the right answers including weight. With coins like these that are often fake, I always take them to a jeweler I know who has an XRF gun and have them tested. When that Piaster was shot, it tested as only about 70% silver. I contacted the BPP and sent it right back for a refund, which included my shipping. That was several years ago.
That's a huge weight discrepancy. Unless the seller was a rank amateur, he probably knew it was fake and tried to pass it off. Same thing happened to me on eBay with a Italian 5 Lire silver crown that was in XF condition and 8 Grams light on a coin that when minted was 25 Grams. Returned it to the seller with a few remarks about the weight. Seller was experienced with many coin sales. After I returned the fake coin, the crooked seller put it up for sale again.
Those machines are awesome, my buddy collects coins and meteorites he always takes them in to get them tested what metals are inside the space rocks.
Huge weight difference the same one that you stated a whole 8 grams. I’ve seen that done before also which is definitely criminal offense if knowingly selling counterfeit coins. Same thing happened to me a few years ago with a large amount of Morgan silver dollars, let’s just say the Secrete Service got involved because this guy was pushing hundreds of not thousands of these coins to people off an app called mercari.
Funny story, I stopped yesterday at a pawn shop I hadn't visited in quite a while. They had only a few coins. One was a beaten-up SLQ that looked like it had been a 1917 in great condition before the damage. The guy got it out and handed it too me. I took it in my hand, frowned, and said "this isn't real -- it's too light." He asked me what it should weight; 6.25g. He weighed it on the store scale: 3.8g. Wonder what he'd paid for it.
I'm very sorry this happened to you... but I can only give my own method of being "sure" on a coin of this value and so commonly copies.... Pay the premium for the pcgs/ngc slab from a respected dealer... (using paypal lol)
I weigh every silver coin I buy and I record the weight on the flip and in my records. Weight should be the first inspection on coins. However, I hear some counterfeiters are now making fakes that are right on the weight.
Oh man he was probably confused after you showed him that but I guarantee he is still going to try and sell it or he possibly already knew and maybe acted like he didn’t? Lol
This is true but for me I do buy and sell on eBay when I’m not collecting for my myself. Purchasing slabbed coins usually go for the spot price per grade where raw coins don’t, luckily eBay has buyer protection in case this happens but learning these small things will be good so I don’t waste my time prior and purchase anymore counterfeits. Nice coin by the way I like the dark toning!
I am officially offended by that beautiful coin you have there! Nice find and awesome toning. It’s hard to find these trade dollars not harshly cleaned
Yes, not only are they right on the weight but many of them are also being made of 90% silver and 90% gold so you really gotta be aware of all this new stuff.
@AirborneReams sorry for your cheap lesson learned and your inconvenience. The 'Bays BPP saved you some coin today. That makes it a cheap lesson. That is one sweet Trade Dollar fret. I'd like that in my collection any day of the week.
I buy a lot of raw coins, but the Trade Dollar is the one coin I insist on being in a graded slab by a top TPG, and verified the numbers.
It can be cast without a seam. It would just take a couple more steps. There are a lot of ways it could be done.