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Buyer Beware - There is an EPIDEMIC of FAKE SILVER Coins Online!




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Название :  Buyer Beware - There is an EPIDEMIC of FAKE SILVER Coins Online!
Продолжительность :   11.20
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Кадры Buyer Beware - There is an EPIDEMIC of FAKE SILVER Coins Online!





Описание Buyer Beware - There is an EPIDEMIC of FAKE SILVER Coins Online!



Коментарии Buyer Beware - There is an EPIDEMIC of FAKE SILVER Coins Online!



Cunning Stunt
Doesn't ring true!
Comment from : Cunning Stunt


777dingo
you can also use a magnet test, sometimes they plate them in steel so it would stick to a magnet, however silver plated over brass or copper won't stick to a magnet
Comment from : 777dingo


Monger16
I think the current boom in fake silver and coins comes from Temu
Comment from : Monger16


betoxyz68
The typical “Do as I say, not as I do”
Comment from : betoxyz68


Leo Likes To Game
What about fake 2023 gold eagles?
Comment from : Leo Likes To Game


Cyril Gordon
These fakes would probably pass the magnet test because they are filled with copper
Comment from : Cyril Gordon


Bong Kaos
I bought one of the drilled ASE from your first EbayerbrDude got burned and is indeed fighting the good fight Had to support his strugglebrBeing drilled can not be resold Copper scrapp
Comment from : Bong Kaos


MICHAEL DANNA
If a Silver Eagle has an AW ( for Adolf Wyman) on the bottom edge of the robe in front of the rear foot it is REAL If the AW is absent on the bottom edge of the robe it is Fake, Period! It is really small so you will need a magnifying glass, and the W is above the A, but it is there The only exception is for the 2023 year Biden in his infinite wisdom had it removed in favor of the missing reed on the edge of the coin, (It Figures)
Comment from : MICHAEL DANNA


Ian Mc
If you are new to buying/stacking I would highly recommend you either buy from a reputable dealer or online from a major bullion dealer
Comment from : Ian Mc


Michael Bell
I seen a seller on ebay a few weeks ago trying to sell 1906 silver eagle ,I proceeded in nicest possible way I could to let him know they were fake ,he basically cussed me out told me to mind my own business that he knows they are real ! Lol! I was just hoping it was an honest seller maybe didn't know they were selling fake coins ,but he knew 100 what he was doing ! Last I seen it was a pair and bidding was up to 80$ !
Comment from : Michael Bell


Annie Beanie
Fun thing on using pingcoin is the longer you use it, the less you actually need it that sweet silver sound just sticks into your brain :) And you can test yourself with some aliexpress fakes of course
Comment from : Annie Beanie


GráinneMedb
it doesn't matter if the advertiser admits the counterfeit, it's thoroughly illegal to counterfeit Ebay facilitates serious fraud and governments should sue them and punish these sellers as harshly as they can
Comment from : GráinneMedb


Scott Prather
Endless scammers on eBay I would never buy coins from the site
Comment from : Scott Prather


johnathon mullis
Great video man The resonance test reminded that people have been counterfeiting silver coins throughout history and using sound to detect them If you look at antique cash registers from back in the 1800’s you’ll notice a piece of marble just above their cash drawers It’s not just decorative The cashier would drop your silver onto the marble before placing your coins in the drawer and if they didn’t sound right they’d give them back to you Without the marble thing they wouldn’t hear the sound until they had mixed your counterfeit coins in with their real money
Comment from : johnathon mullis


Brandon Munson
I have about 3 walking Liberty half dollars that just will not pass the ping test They're my only coins that seem to struggle with the ping test I love ping app I use that and a scale for now Great video Thanks 👍
Comment from : Brandon Munson


Ryan C
If a silver eagle is legal tender, isn't in a federal crime to make a 'replica' on ANY US legal tender?
Comment from : Ryan C


MJ
Government should shut it down as counterfeit!
Comment from : MJ


Father Duck
They’re coming in from china and being sold on FLEABAY and Amazon and flooding the market
Comment from : Father Duck


Brian Kearnaghan
Ebay should require FAKE Or REPLICA in the title
Comment from : Brian Kearnaghan


A Universal Woman
My local coin shop gave me a hard time when I asked to test each one of my silvers one of the bars didn't test correctly I need to remember not to buy from them again
Comment from : A Universal Woman


Tom Mooe
What about silver eagles on amazon from china
Comment from : Tom Mooe


Oscar
They were at that price wat back in 2001 and 2002 I used to buy them at 8 to 10 dollars per ounce
Comment from : Oscar


Richie Rich
one more thing to add if silver goes parabolic sell it as it can smash right down from $50/oz to $17/oz again and stay there for the next 10 years That's the power of silver Silver stacking needs a lot of patience our price now is the same in 1978 LOL
Comment from : Richie Rich


Miles Higher
I just noticed that post informing buyers of shady sellers I appreciate both him and you SS Great video! brOn another note did I miss the GaW announcement for the 5 cowboy rounds?
Comment from : Miles Higher


ziggy71963
Your Pocket Pinger link comes up as Malware in BitDefender Thanks for the video
Comment from : ziggy71963


that guy
I stopped buying silver here in Canada The premiums are absolutely insane and theres not much return when selling The dealers here are raping people left and right
Comment from : that guy


robert mitchell
Thanks
Comment from : robert mitchell


Chris G
Awesome videothanks for the info seeker👍
Comment from : Chris G


HifiCentret
Really no surprise Same as in 2012/13
Comment from : HifiCentret


BrokeChef
As a newer stacker your videos have been so helpful My local coin stores are basically nonexistent so I’m forced to buy online, learned quickly to just avoid eBay in general and only purchase from reputable dealers If it’s too good to be true it usually is 99 of the time
Comment from : BrokeChef


Don
Yikes! Scammers are always going to scam At least with ebay you will get your money back
Comment from : Don


Anxious Stacker
With any counterfeit coin if it has a denomination it is a federal offense and China is the biggest importer of these fakes, yet the US does nothing about it? They are flooding us with fakes, along with many other tactics to devalue the country and its dollar
Comment from : Anxious Stacker


Captain Frandy
Love the test! The fake ones usually weigh out but fail the magnet test I did a video on my channel testing fakes too! 7:17
Comment from : Captain Frandy


John Goode
Thanks for sharing
Comment from : John Goode


JustL
Is there a need to check for thickness? In your video it’s weight, diameter and ping test only
Comment from : JustL


Randal Mays
Yeah I was watching this they are MORE red flags to look for like #1 the Mint mark is under “in god we trust” not the back like it should #2 country sold from China and so on if you know you know
Comment from : Randal Mays


John
I have been thinking that there is a place for fake silver You could buy some and use them for a decoy in case of a break in
Comment from : John


betty sherman
i bought some fake eagleschecked the review section before buying,he had 30 lots for sale with 2 leftall the reviews for the eagles were goodhe even had other reviews for stuff that was soldthe fake eagles weigh right and pass the magnet testthey are really good fakesi did a ping test and it failedi did call and report it and got my money back
Comment from : betty sherman


Charlie Norman
I bought a Metalytics analyzer and it has saved me a lot of money I have bought silver and gold off of ebay and got stung 3 times but the analyzer indicated that were fakes Between ebay and paypal I got my money back
Comment from : Charlie Norman


Edward Morley
too bad even at $8 no ones gunu spend these is a store get the secret service involved lol
Comment from : Edward Morley


Interstate 80
ASE’s do have a legal face value of $1 probably assigned so they could charge people who fake them with counterfeiting money which is a much more serious crime than making a fake silver round
Comment from : Interstate 80


The Rusty Swan
Why aren't the Feds stepping up to deal with this? After all, it is counterfeiting, yes?
Comment from : The Rusty Swan


Interstate 80
Saw a “super rare” 1958-D wheat penny trying to sell for $600 the other day I messaged the seller that it’s as common as they come, and that he should either do some research before he lists or stop trying to scam people (more likely situation but gotta always give the benefit of the doubt) I told him I have well over 100 1958-D wheat pennies too, he never responded 👍
Comment from : Interstate 80


bob sacamano
This will discourage newbies from getting into coin collecting
Comment from : bob sacamano


Big Mike
good thing they got a money back guarantee on eBay
Comment from : Big Mike


John
What about JM Bullion selling replica gold eagles!!!! Absolutely a disgrace to the precious metals industry I wont ever spend another dollar with them Boycott them I don't see them listed any longer but I know they had them last year
Comment from : John


Cory Hilleboe
Ebay bullion is all fake asf
Comment from : Cory Hilleboe


Ronald Smith
Maple and Brittania security only - never an ASE
Comment from : Ronald Smith


Plumber Stacker
Unreal the lengths they go to scam people
Comment from : Plumber Stacker


Jeromey grove
Lov it
Comment from : Jeromey grove


James Steele
If any silver stacker in NC or SC wants to buy some beautiful silver eagles and coins at wholesale please please contact me I need the money 4 my small son overseas I'm just asking fair wholesale prices
Comment from : James Steele


Smithsnmoz
I giess the MAGNET TEST is no longer a good way to spot fakes?? 😮
Comment from : Smithsnmoz


Silverholic
SS it's never exactly one troy once It's always sligtly over If it's under by even a little, it's fake for sure, the mints do not allow underweight coins to make it out the door But they are not gonna re-mint the coin because it is 001 over I am not sure what their gray zone is but you can always expect a real coin to be sligjhly over 1 oz
Comment from : Silverholic


Silverholic
Should the sellers of these fake coins not be reported to the Secret services? They are selling fake american money, and it's against the law The secret services are in charge of upholding this law
Comment from : Silverholic


Daegdon
I can hear silver if I drop it on a table
Comment from : Daegdon


Chris M
When I started buying silver eagles I bought off EBAY This was back when EBAY was new I need to go back and test all my eagles Hoping the counterfeits are a fairly new phenomenon
Comment from : Chris M


David W
They aren’t scams They are just charging high premiums like with the ASE😂
Comment from : David W


R8tr 27
Love your channel I’ve learned much I can’t find Pingcoin in my App Store I found one they charge for but can’t find the cost Is this normal? Thanks and keep up the great work
Comment from : R8tr 27


Allen Fackler
No lie Tons of fake ads on Facebook marketplace, too I blame China
Comment from : Allen Fackler


Rickey Hansen
After getting fakes once, I started bidding only on sellers with over 10k sales and a 995 percent or better positive rating No fakes since The fakes passed all tests They just didn't look right, so I downloaded the phone app ping test and bought a pocket pinger, which the fakes totally failed They were non magnetic, weight was 100 ozt, size was perfect
Comment from : Rickey Hansen


mjanovec
Since ASEs are legal tender, replicating them is illegal If someone tried selling “reproduction” $20 bills on EBay… with no indication that they are reproductions… I imagine that would be shut down immediately
Comment from : mjanovec


Scotsman
You would think that eBay could be charged with aiding felony fraud
Comment from : Scotsman


Silver Lunatic
Anyone thinks that you can buy a genuine Silver Eagle for $1699 sourced out of China deserves to get ripped off
Comment from : Silver Lunatic


Bel Sergio
EBay is destroying their reputation in all fronts and they don’t seem to care
Comment from : Bel Sergio


jim byler
Many ads are also all over Facebook Negative comments disappear almost immediately Would make another good video
Comment from : jim byler


james nixon
My parents always said "If it's too good to be true, than it is"
Comment from : james nixon


Todd Becker
Don't buy coins, from China and always check with a pocket pinger or a sigma tester, and most lcs have tester, Ebay has a money back guarantee so if your not really going to lose money, while it's unfortunate but it does happen , I bought a few maple leafs that were fake but listed as genuine tested them were fake took pictures had a refund the same day as proof given
Comment from : Todd Becker


Roger Bartlet
Bought 2 :(
Comment from : Roger Bartlet


ricker269
I was scammed by one of these sites Make sure you know about any site before ordering from them 😮
Comment from : ricker269


Ready-Adhesiveness40
I only buy from a few choice, reputable dealers If I pay an extra buck or two - I consider that insurance People who's greed let them buy from untrustworthy sources never ceases to amaze mebrEven on eBay, there are reputable dealers like Liberty, or the major bullion dealers eBay stores eBay should do a better job of policing their sellers, but they only care about more profit
Comment from : Ready-Adhesiveness40


Chris Tripp
Youtube played an ad for fake silver eagles at the end of your video to me
Comment from : Chris Tripp


August Ice
Counterfeit coins
Comment from : August Ice


SilverLions
It’s getting worse with the amount of fakes entering the market I have seen plenty of fake silver coins being sold on Temu Was surprised to see fake 40 Ike dollars, fake modern commemorative silver dollars and fake 90 half dollars
Comment from : SilverLions


Chris Tripp
Just as bad on Facebook ads and Ebay will not remove them, just ban the people that call them out for scamming
Comment from : Chris Tripp


Eric Burns
Question Is selling fake sovereign bullion in effect counterfeiting since those coins are considered legal tender?
Comment from : Eric Burns


David Dennstedt
😢The unfortunate numismatic people with there collections of MS-63 graded Silver Dollars If the fakers start duplicating them with 90 Silver, very few, if any, of the experts will be able to tell the difference The whole Numismatic part of the business will collapse It might even be worth it to fake Liberty Ounces with 999 Silver when the premiums are so high If a fake Liberty is made with 999 Silver, your two tests will no longer work
Comment from : David Dennstedt


Mark Green
How is that not counterfeiting it is a sovereign coin that they are making up to me that is counterfeiting
Comment from : Mark Green


Dr Silver
Counterfeiting foreign currency is also a federal crime If you are convicted of counterfeiting foreign currency, you will be facing the same penalties for counterfeiting United States currency If convicted of possessing equipment and tools intended to be used in counterfeiting foreign currency, you could be fined up to $250,000, and a federal prison sentence up to 25 yearsbrbrIf you are convicted of using, creating, or dealing in counterfeit currency, the penalties can be severe The federal judge could sentence you to up to 20 years in a federal prison, along with a huge fine up to $250,000
Comment from : Dr Silver


ZombieChow
since eagals have a face value the secret service really need more funding to go after these going after counterfeiting was its primary function
Comment from : ZombieChow


Jeff D
Yes , ebay is complicit with them , they don't care if someone gets ripped off , they only care about getting their percentage
Comment from : Jeff D


fish4bugs
If you buy from EBay and not from recognized professional dealers, you deserve to be scammed
Comment from : fish4bugs


FrankLeeNacty
Is this for new ASEs mostly or are older toned ASEs coming up as questionable? I only have older eagles in my collection
Comment from : FrankLeeNacty


QuickSilver
There are more fakes out there than I have ever seen before Folks need to make sure they use caution when buying not just silver Eagles but all coins and rounds
Comment from : QuickSilver


Buckeye Silver 614
Can't stand scammers
Comment from : Buckeye Silver 614


Silver Man
The one you covered only had one feedback
Comment from : Silver Man


David Schreiner
It's not just silver eagles that are being faked They are even faking some of the key date wheat cents and other coins Some of these fakes are created by very sophisticated criminals because some of them look like genuine coins
Comment from : David Schreiner


Chad m
Remember the good old days when counterfeiting money was a felony?
Comment from : Chad m


Grant Piche
ebay is the problem along with the other platforms that allow this bs
Comment from : Grant Piche


George Marcoux Jr
Call me heartless, but anyone who doesn't go to a LCS or reputable online dealer deserves to get ripped off Sorry, not sorry
Comment from : George Marcoux Jr



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