Counterfeit 2020 American Silver Eagles Being Sold by Coinspeso.com

Discussion in 'Bullion Investing' started by deucheney, Sep 20, 2020.

  1. LA_Geezer

    LA_Geezer Well-Known Member

    You are correct unless big money is involved...say $10K or more.
     
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  3. deucheney

    deucheney Member

    Thanks everyone! I appreciate all the help and advice. It's nice of you to take time out of your day to help a stranger. Coinspeso has removed the 2020 Silver Eagles from their Website. I will reach out to the Secret Service. I paid via PayPal and have contacted their resolution center. Hopefully my story will have a happy ending.
     
  4. Tusky Ranger

    Tusky Ranger Member

    I always try to remember that if it looks/sounds too good to be true - it isn't! Pretty simple rule.
     
    Mike Davis and fretboard like this.
  5. Clawcoins

    Clawcoins Well-Known Member

    I'm curious what you paid for each of them and how many you bought, total price including shipping?

    Normally these fakes which are identified as fakes are sold for much less than real ones, thus people thinking they are getting a great deal on something that should be much more. Sometimes they're shadily sold as real though.
     
  6. fretboard

    fretboard Defender of Old Coinage!

    Yep! Unfortunately that company has come up here on CoinTalk before, some of their ads don't mention that their coins are handmade either, they're a sneaky POS company! :rage: Just sayin', all you can do @deucheney is learn a lesson from your purchase as they're not gonna budge one bit! Better luck next time! :D
     
  7. Clawcoins

    Clawcoins Well-Known Member

    This should be enough to scare anyone away ...
    upload_2020-9-21_15-59-4.png

    ..
    upload_2020-9-21_16-1-18.png
     
  8. wrexx

    wrexx New Member

    I truly dislike the hard way but have yet to apply, if it's to good to be true then most likely it's not, 100% of the time to my decision making abilities. Here is one of my better double lessons. Correct size, weight, and as you can see in my fit of anger on the reverse after learning it is fake, a nice big blob of nitric acid just to find out it is also the correct metal. Did I mention expensive. First time shame on them, second time shame on me. Just wanted to let ya know your not alone on that mistake, I'm right there with ya. It is now a top favorite of mine cause I got to write the history on that coin. There is always a positive if you look. Keep smiling and keep collecting
     

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  9. SensibleSal66

    SensibleSal66 Well-Known Member

    I once ordered A DVD set that came out of China . It was like a Boot leg ( very good one ) quality.
     
  10. hotwheelsearl

    hotwheelsearl Well-Known Member

    In this world, Vegas is pretty much synonymous with China
     
  11. johnmilton

    johnmilton Well-Known Member

    Your odds of winning in Vegas are better than getting a genuine U.S. coin from a Chinese seller.
     
    slackaction1 likes this.
  12. beaver96

    beaver96 Active Member

    Here is one that I was given to authenticate. I had to give him the bad news that he had been taken. Looks bad and weighs 26.6 gr.

    [​IMG] thumbnail_IMG_0981.jpg thumbnail_IMG_0982.jpg
     

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    John Burgess likes this.
  13. fretboard

    fretboard Defender of Old Coinage!

    Yep, looks really bad! :D Hopefully nobody else here takes the bait! Like I said, this company had come up before right here on this forum just about 6-8 months ago!
     
  14. Brian Calvert

    Brian Calvert Active Member

    Soon you wont be able to do this... If one hasnt noticed, or been sleeping for the past 20 years. More and more regulations that control the Rich, Banksters, and Crooks related to the FED, and Politicians are being eliminated.

    No one will have any grounds to stand on, CC companies will rule and you will have no where to turn.
     
    John Burgess and LA_Geezer like this.
  15. Brian Calvert

    Brian Calvert Active Member

    This is true... Seen it first hand setting up a home office for some Haitians in Port Saint Lucie Florida. Crooks, had 5 desks in the living room, blah blah... Now, multiply that by other shady people whom cant get a good paying job and you have 50,000 doing it.
    What is the Penalty ? Not one !
     
  16. Mikenwuf

    Mikenwuf New Member

    First thing I noticed was the use of what appears to be real coins, (Morgan Dollars), but they use the same coin for multiple years which means you're not even seeing the coins that are actually being sold.
     
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