One of the simplest and cheapest ways to make a counterfeit Here's what to look for in order to avoid buying fake coins. Fakes contain a number of giveaways when you look at the design of the pagoda on the tails side. This includes any and all marks, scratches or other issues on the surface of the genuine coin. Analysis of the metal content showed the coin had a .918 silver fineness, above the US Mint standards for a silver circulation coin of the age. So, before you start applying corrosive chemicals and tests to your potential silver (we’ll discuss these shortly) be sure to follow these steps: So, having seen the outrageous prices that some (often fake) coins bring, they want to get a piece of the action. Over $3,000 of "gold" coins have been sold by these sellers in less than 24 hours. So, how can you spot a fake Morgan Silver Dollar? ... As I have previously stated in other articles one of the best ways to protect yourself from this type of fake … Most of the time, you probably can’t. How to Spot Fake Silver When it comes to determining the legitimacy of a silver coin or bar, your eye and your experience can be the best judge. Fake slabs are easier than a really good fake coin to spot. ANCIENT COINS & MODERN FAKES How To Tell The Difference An Authentication Primer by Dennis J. Kroh The summary of a talk given at the Numismatic Theater during the 99th Annual American Numismatic Association Convention in Seattle on Friday, August 24, 1990. It's the person that buys it from them who is hoping to sell it for a big profit. With Morgan Silver Dollars as popular as ever, counterfeiters are trying to cash in with advanced forgeries. If the coins are fake they will be composed of copper or a base metal alloy that is plated with a thin layer of gold. In recent days, counterfeit coins in counterfeit PCGS slabs have begun to appear on eBay, the online auction site. Even the most obvious fakes can easily fool anyone who is not a trained expert. Their intrinsic value will be just pennies. INTRODUCTION You are making a mountain out of a mole hill of worry with this one. At least one buyer has identified these coins as fakes and left negative feedback to that effect. A genuine coin is used to create a die that is an exact mirror image of the coin. REAL, COMMEMORATIVE, GENERIC or FAKE COINS . Struck Counterfeit Coins: A Family of Struck Fake Draped Bust Dollars. Spotting a fake: the pagoda. While most counterfeit coins are easy to spot -- due to improper weight, color, even design details -- the truth is there are many good copies that have fooled some of the most seasoned coin collectors! They're also older slabs. The slightly gold colour of this coin reveals it to be a fake. All of the counterfeit coins/holders seen so far are coming out of China. As a result, every fake struck from these counterfeit dies will have the same depressions (marks are called “depressions” on counterfeits). Remember the makers of them don't care, they're making a cheap product they sell very cheaply. Alert members of the PCGS Message Boards were the first to notify PCGS of the counterfeit coins/holders. Ironically, the fakes out there can degrade or artificially boost the amount of money they may get for their genuine coins. The Fake Pound Coin Database describes this as a “quite an obvious fake” due to its deep edge rim, overly large text and basic ‘blob’ like leaves. Perhaps it would be good to define some terms at this point. Step 1: Read Up on Known Forgeries '' coins have been sold by these sellers in less than 24 hours coin to spot hoping to it. Hill of worry with this one a big profit appear on eBay, the fakes out there degrade. 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