Counterfeit Silver Coin Detection (SKB COINS)

http://www.skbcoins.throwinghuge.com/
This video is to help fellow coin Collectors and Sellers SPOT FAKE COINS! With Spot Silver prices rising to 20.00 an ounce the Chinese and others are cranking out millions of fake coins...I mean millions and the fakes are getting so good even advanced dealers and graders are being fooled!
Many of these so called replicas "I'd say MOST" are unmarked and are outright dangerous.
There a few things that will help you detect that they're fakes (That's why i made this video). They are even now making fake junk Quarters and Dimes. It's very lucrative for them and please check this video out for your own sake and peace of mind.
There are even better fakes that use 90% Silver, but they are not used on junk coins due to production costs. Only buy higher dollar coins from a reputable dealer, in PCGS, NGC, ICG or ANACS slabs!
NEVER FROM CHINA...Unless you want a few fake specimens, which isn't a bad idea.
I hope this helps,
Scott K. Boothby
SKB COINS

Category:

Entertainment

Tags:

• Counterfeit
• Silver
• Detection

[r2hammer]

You can tell if you look at the wear. if they are worn smooth they will still be around 24 grams...even with all detail gone.

One thing to keep in mind is they can't really make worn coins...It's tough for them to do.

They use dies and equipment and they leave an impression. If the impression is too worn they look funny.

I hope this helps,

Scott

[r2hammer]

I know for a fact that the Chinese Counterfeiters that produce top fakes use government equipment. Much of it was purchased long ago when many of the mints closed or got newer equipment. The dies are engraved via a computer.

The government isn't in on this type of faking of money...

Just the FIAT fakes they print off themselves :-)

[r2hammer]

In your case their either all fake or all real. If some are worn, or very worn the chances are leading towards them being real.

Unless you bought these in China I would say it's a 99% chance you are fine!

[r2hammer]

I don't know much about bars...You can use the ping test on them as well, but bars can be scary as many...as much as 10% of legitimate bars have been filled with lead.

Check your company and do your homework. Buy small at first and them test a bar. This sounds crazy, but you may need to cut into one of your bars...It's just bullion, but if their is lead inside...then you know!

Also, check their reviews.

I hope this helps a bit,

Scott

[r2hammer]

I have not seen in hand these slabbed fakes, but have seen plenty on the net. USUALLY they are higher dollar coins and not "Junk Silver"or bullion coins.

With Silver at 30+ today and looking at a possibility of testing 40 late this year...

WE NEED TO BE VERY CAREFUL!

I agree...Know your dealer, or e-bay "power-seller".

Thanks,

Scott

PS: They always screw up the slabs according to what I've seen on-line

[r2hammer]

That's actually a really good idea...I have seen a few fake dimes...even the older half dimes, but if you're getting Mercury and Roosevelt commons and have a scale you should be 100% good to go.

[r2hammer]

@weightSndrumS

Not sure what you mean by this...but uhhh OK.

[r2hammer]

Yes, but these are just staring to come out and most are 1964 only, Pre 1964 Franklin and Barber are more common.

[samichpower]

i have a 1993 quarter and it is magnetic and the edge is flat like a nickle and the design stands out more than any other 1993 quarter that i have. can someone please tell me if its fake

[preachkjv]

How much lighter will a genuine Morgan or Peace weigh if it has some wear on it? For example a coin that you would buy as "junk"? Thanks.

[YourNonLegitGaming]

i have a 1886 Morgan Dollar in about the middle of mint and fine condition

[TheHeretic2011]

I have a fake silver eagle (2010) that looks so good, I can't imagine it was made with less than original dies. IMHO the gov is helping the chinese make the fakes..

[superhawkn]

Government of USA should step in and demand them to stop it's federal law they are breaking. Also Tax those mother fucker Chinese for imports to the tune 25% like Donal Trump mentions

[SILVERMAGNETSLIDE]

I have some vids on testing fake silver. Chk out my silver slide. Keep up the good fight against FAKE EBAY COINS!!!

[artifactman660]

@Khepramancer yea i use my metal detector, it shows the conductivity of different metals and works pretty good.

[philstartdotcom]

Most important is to buy from buyers who sell real coins and accept paypal as payment. Many scammers don't as they know they will start a dispute and get the money back the moment the fake coin gets in.

Most fake coins are made in China and some are so good copies, rare to see they are fake by the picture on ebay. You might want to see silver-coins * org and look at fakes and real ones on one page.