U.S Philippines 1906s, One (1) Peso Silver Coin- Special Date ??

Discussion in 'What's it Worth' started by krkan, Oct 28, 2012.

  1. krkan

    krkan New Member

    I just purchased 2 coins from 1906s. I got home and looked them up on ebay and got super excited of the value but then it being my luck i find out that there are many fake ones out there. I can't find anyone close to my area to evaluate it for now but if someone could just help me out and tell me if it's real or not.



    1906s.jpg



    Thank you very much
     
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  3. krkan

    krkan New Member

  4. kforbes862

    kforbes862 Well-Known Member

    One quick and easy thing to do is to see if a magnate sticks to it. that is the fastest and easiest test to do. if it does stick to it, it cant be authentic. If it doesnt, i would research some more. I had to do the same thing with a chinese fat man dollari was going to buy and found out it was fake, because it stuck to a magnate.
     
  5. krkan

    krkan New Member

    Alright well I tested them and they r all magnetic. I guess I lost all my money on these. So this will be a dumb question but I will ask it here and then go search google. What about other silver coins does the same apply for them? I also purchased one like this

    http://www.ebay.com/itm/SWITZERLAND...6272268?pt=US_World_Coins&hash=item35b98cb20c

    I am new to coins, I am making mistakes but I guess I have to learn somehow.
     
  6. kforbes862

    kforbes862 Well-Known Member

    Any coins that are made of silver shouldn't be magnetic. there are some genuine coins that are magnetic, but they are made of metals other than silver. I specialize in collecting british empire silver coins, and about half of them are 50% silver, and i dont think any of them are magnetic either. I don't know of any silver coins that are magnetic. I made a couple mistakes too, but i know what to look for now, you will learn too. what kinds of coins do you want to start collecting?
     
  7. krkan

    krkan New Member

    I mostly do foreign paper money and just recently started with coins. I have a few mexican coins 8 reals 1886-7-8... I don't have much I'm just starting. But thank you for the help I appriciate it
     
  8. krkan

    krkan New Member

    What could I do with these coins now? Are they complete garbage or could I maybe sell them on ebay as replicas?
     
  9. NorthKorea

    NorthKorea Dealer Member is a made up title...

    Contact eBay and file a not as described complaint.

    As for resale, you can't sell replicas on eBay for one, and selling it would be passing off a counterfeit.
     
  10. Gladio

    Gladio Member

    I've seen a few coins with similar appearences. All counterfeit.
     
  11. GM Cayzor

    GM Cayzor New Member

    Just want to share my coin 1906...what is so special about this date?

    1906s-1p-O.jpg 1906s-1p-R.jpg
     
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