I Tried to Sell FAKE Silver Coins to Real Coin Dealers!
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- čas přidán 5. 09. 2024
- The other day I recorded a video where a viewer sent me over 120 FAKE Morgan Silver Dollars that he inherited and showed them on the channel. If you haven't seen that video yet, here's a link:
▶ • He INHERITED 120+ Silv...
Today I took 5 of those Silver Dollars to a Coin Show and tried to sell them to a coin dealer! How fast so you think he realized they were fake? Let's find out!
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I Tried to Sell FAKE Silver Coins at a Coin Show!
• I Tried to Sell FAKE S...
#silver #silvercoins #fakesilver
Scammers making fake coins are doing much worse than just stealing from people they are destroying the industry.
When the guys set the coins down you can hear they are fake.
wow, going to a coin show with fake coins that takes the cake, for educational purposes of course 😉
@@Eric_A... I tried to pass some fake bills and went to prison
This was clearly an experiment for educational purposes lol I wasn't going to actually sell them to him regardless
I would catch your ass as I check the weight, thickness and size of any coin I buy.
@@kevindelong7046 I wouldn't try to actually defraud you or anyone lol this was simply an experiment. I believe all scammers have a special place for them in you know where.
@@kevindelong7046someone’s aggressive
As a guy with tinnitus I can say that the sound of silver is nice. The fake actually hurts my ears lol
I agree! I also enjoy the sound of real silver! Something about it is just so nice to hear. The fake silver sounds annoying! Crazy how that is.
The real silver has a nice, open, healthy ring, the fake just sounds... wrong, like it's defective
Story of Josh Tatum and the 1883 nickel. Really good read of how he was able to pass them off as a gold coin and how he was acquitted at trial with all charges dropped.
Great info from Coin Crew and Mid America Coins. Thanks for sharing Silver Seeker.
"You should have a nice round breast, its flat here" - brilliant
So true.
I took that personally! 🤣🤣🤣
My preferred coin dealer would use bolt cutters on fake coins or small slabs. The bolt cutters cut enough to see inside, no dust, no noise (unless the piece snapped). Someone brought in a 10oz "silver" commemorative round one day while I was there. When told it was fake, "not silver," she allowed it to be cut. Looked like copper inside and the owner gave her the price for 10oz copper just to keep the piece to demo in his shop collection.
I thoroughly enjoyed this video Seeker. Almost 100 years experience between the two dealers...wow. You put our very helpful videos!
Excellent follow up video.
This is a good video.
I know it's hard to come up with new content for silver, and I really appreciate your work in coming up with new ideas.
Thank you for the education !
Thank you for such helpful info on checking Morgans. It will help me greatly in checking all of mine.
When did you go to the coin show I went there yesterday would have been nice to meet you
Was there Thursday
@@SilverSeeker i went there yesterday spent a lot only on a couple things
you mention the sweet ping of real silver coins...
as a youth in the mid 60's, used to work mcdonald's counter. you could hear the sweet difference between a silver dime or quarter when it hit the stainless steel counter! the small things... :D
Shows like this and others are teaching people makes it harder to pass them off thanks
Ha!!! I didn't guess right 12:26 ...But thanks for the info!! Extremely helpful!!! 🤘
Excellent report 👍👍👍👍👍👍👍👍😺😺😺
Thank you for all of the videos you put out. I'm a new collector and appreciate the info you share.
An illustration of why I don't get into collectables, be it coins or whatever. What do I know? Almost nothing.
Nothing lost and nothing gained. Still, that's heartbreaking. Total let down.
Great video, Keith and Mike are good people.
Thank You ! Helps to know what to look for ! This revelation that there are so many fakes and that they have always been around gives me nightmares ! I've saved 90% since I was a kid. Worked at a grocery store and bought all the 90% I could . Atleast it was all for face value back then . I never dreamed any of it could be fake , this really is a nightmare ! Geeze ! Thanks again for showing what to look for . It gives me some hope that those dealers could see it right away and I've bought a lot from one dealer over the last 10 years or so. He says he doesn't need a sigma , he can tell. This video backs that up. Thanks again !
I weighed two of my morgans and they both weighed 27 grams, what do you think SS,
I was at that coin show last year. It was amazing. I was new to stacking. I had never seen anything so impressive
Thank you. Please do more educational videos on fake Morgan and Peace dollars.
I really like the educational videos. You are never to old to learn something new.
I sold some silver for the first time today since I’ve started stacking. . Made a profit and glad I have mentors like Silver Seeker. Only sold 71 ounces. Little Dent.
Great info from you and the dealers.
thankyou for all your time and information
Good video. I've watched your videos over the past few years. Keep up the good work. As for the Temu thing, last time I looked they've been putting "copy" on their coins now. There for a while they didn't. There are also ones made out of steel that are magician's stunt coins, which weigh around 19 grams.
Mr. Stackers, you have truly outdone yourself with this fabulous video. Full redemption with no doubts! 👏🕵🏼♂️👌🙏❤️
What metal were the fakes made from? Especially the old fakes.
I bought a scale, calibers, and a pocket pinger before I saw this video. I downloaded a phone app that hears the ping to verify silver until I get use to the correct ping sound.
Great video. I'm glad you show this. i want to buy on ebay but so worried they are fake. The price is too good to be true, so i do not bid
Does the pocket pinger work on higher ounce coins?
Great video!!! Thanks!!!
Good stuff!
Great Video, thanks 😊
I would say fakes made now are better than fakes made in the past. However, we have a lot more tools now too. Sigma, density test, XRD, ping, weight test, and the ability to talk to ecah other at a push of a button. I feel counterfeiting is moving towards faking the slabs now.
Were there lots of different dates in the collection of fakes? I wonder how long ago he bought them
I just bought coins from keith! Great guy and business, coin zone.
Do you live in the St. Louis area? If so do you have a shop? If not who’s your favorite or best dealer to use?
This is known as Tibetan Silver. It is made of pot metal like copper, nickel and zinc and a small amount of silver or gold. It is primarily used in jewelry making but Chinese knockoffs of Morgan dollars have been struck from planchets of this metal using poorly copied dies resulting in the smooth rims and shabby details. It should also be known that producing, attempting to sell or transfer and even knowingly possessing counterfeit US currency is a federal offense and can result in felony charges that carry penalties up to $250,000 and 10 years in prison. They take this type of activity very seriously. I have sniffed out and reported many fakes on Ebay. Usually I buy the items, light the seller up by email, get my money back and report them. Lastly, don't ever let anyone soften you up by acting like they didn't know what they were selling. I get this all the time. Also the claim of "we don't grade coins" or "we are not coin people" are frequently used as a defense. This is crapola! They know full well what they are selling.
Believe it or not it's only illegal to possess it with the intent to defraud. There is a reason I only did this with a Coin Dealer that I know personally, because I wouldn't want someone to accuse me of actually trying to pass these off and think it was anything other than educational.
Im late , but thanks for this video and explaining hoe you can tell by looking at them. They still would be a little harder to spot for people like me that isn't around them. But i only buy new stuff from one dealer. Edit i failed the test . I thought the worn out one was the fake.
Great video!!
Great follow up Silver Seeker.
The ping on the fake wasn't audible.
very high pitch was audible on my phone
They did not sound like silver, other than that it would probably have fooled me.:::
Nice comparison
I spotted the 1900 straight away, it just looked...wrong. I always carry a small scale and a magnet for just such a reason, I'll even check the dealers' coins, even at the LCS's, better safe than sorry and if the dealer takes offence, that's a red flag that something isn't right with the dealer, hard pass there.
Ye I knew I was right it looks like it has lines from being polished and color is weird and the dirt is in weird spots and is not right
Knew they were fake. Hated that relative. Gave them fake coins.
Hey bud, I have 50 pesos Centenario where is the best place to get rid of them in California?
Are they faking mercury or Roosevelt silver dimes?
Does he know where the person got them? Coin shop or someplace else
Good video
Cool video
I've always wondered how the fakes were aged. But any novice can be fooled
Wait a minute you did not show the Reeded Edge 😅
Lol
I’m so glad all Morgan dollars I got on eBay all were real because I sold all my raw Morgan’s dollars
Great video
Mike's not going to buy those 😂😂. I know him and do business with him, he's a good dude
♻️ thanks for the update information ♻️
Great video 📷📸😊
Don’t say silver!
Say coins!
I have an opportunity to purchase a gold coin with a mintage of only 200 should I buy it??? It's a little extra than most but not that much what d🎉you think and anyone else on here
Thanks
Is the ping at 11:01 where someone else is testing a genuine?
Do they buy silvers at the coin shows?
You should have told Mike but but I bought these from keith😅
lol
😂😂😂😂😂. Yeah really
lol
The coin show is in St charles? You are in louisiana? I live south of New Orleans in a little town called Lafitte
St. Charles, MO
@@SilverSeeker oh ok there's a Saint Charles parish in Louisiana. We're the only state with parishes instead of counties. I love collecting coins, the most expensive one I have is $3,400 it's a 1795 Flowing hair. I break my coins out of the slabs because I like to feel them, except for a couple proofs that I have. Keep up the great videos. Thanks for replying and have a great day!
? Makes me wonder if my 1913-V nickel I got at flea market is real-- only paid 8 bucks for it thought I got a good deal ♻️the old guy who sold it to me said he had it since 1925?
You were so close to where I live
Do you live in mo il?
Once you see one you will know.
Are the fakes made of silver?
good job :)
♻️ probably made in China in the 1950s♻️
👍
I picked the one on the left being real and the other 2 fake! Oh well, lol
I just wanted to let your viewers know we have very spine jewelry where I live that sells coins and jewelry and watches and they do a lot of business with coins and currency in dollars and recently they’ve had an influx and people bringing in jewelry trying to sell it that they got off the street that’s fake. There’s a lot of people buying jewelry off someone that comes up to him and says I have found this and get people to buy it and it’s fake.
Hopefully not
Thank you. 👍
The one in the middle is fake
Aw shit I was wrong lol
They're terrible fakes. It looks like pewter.
3:52 Yay I'm not a fake😂😂
Hello silver seeker
Huh the looked fake in the video I guess I can see why people wanna know but if you have looked at a few real ones and you can tell
Remember to be in possession of counterfeit us coins is a felony & TREASURY don't mess around THEY will do the education on counterfeit coins NOT you FYI🕶️🕶️🕶️
Actually the law very specifically states "with the intent to defraud". Just owning them in and of itself is not a crime.
They would have to prove that your intent was to use them to defraud others, and it's quite clear that's not what I'm doing here.
✨️🇺🇸✌️
I love your channel but do not have time to watch ALL the videos you put out.
I understand. I do 3 per week but I know that not everyone can watch them all
@@SilverSeeker i though you did 1per day
@@DennisGilmore-wk5gv nop just 3 per week, Mon, wed, fri
BIDEN WOULD BUY THEM EASILY 🎉
Or The Orange man would bundle them with $300 sneakers.
One time at my flea market table I took a roll of counterfeit Morgans and sold them to some old dude for $1,000. After the flea I went to the casino and turned that $1,000 into $63,000 and I met a pretty redhead. God was with me that day.
Good video