By Susan Headley, About.com Question: How Can I Avoid Silver Eagle Coin Fraud and Other Fake Silver Coins? Coin fraud is an unfortunate reality in the coin collecting marketplace, but you can avoid buying fake silver coins, and avoid coin fraud in general, by learning how to spot fake coins. We will use a fake Silver Eagle to demonstrate some easy steps to avoid buying fake coins. edited - copyrighted material If you have a link to the article you copied, by all means post it. But you cannot copy/paste copyrighted material, it's against the law.
I take several of these tests with a grain of salt because as a general rule most pieces where they are making the fakes from base metal are usually lower quality fakes that can be recognized fairly easily. The real danger comes from the good or high quality fakes and with greater and grater frequency they are being made out of the correct alloy and often the correct weight as well. Eventually the counterfeiters realize that they are being penny wise and pound foolish. By including a few dollars worth of precious metal in the coins they can uncome a lot of suspicions and sell MANY more fakes at hundreds of dollars each or more. The base metal fakes look suspicious making sales more difficult and price received per coin lower. But if the coin LOOKS good they can sell many more and at higher prices. The way to do that is to use the correct alloy. (The mid east counterfeiters learned that in the 50's and 60's with the gold coins. With the weight and color right they were able to more a lot more product and took longer before the fakes were noticed.)
Well, I had this post titled FAKE ASE's, because this post, was actual written about an ASE I couldn't get everything copied over, and forgot to change the title to fake silver coins
I mentioned it becase I have seen a lot of fake 1906 ASE's. Almost all of the fake ASE's are dated 1906.
And that is a good thing - remember that we can't post copyrighted info here on CT. If you want, you can post part of the article, and a link to the complete article... Speedy
Yeah, then I'd be in big trouble.... LOL I get plenty o' ways to slam obama... In my email inbox, and in my saved pictures! LOL