ALERT! Your "Graded" Silver & Gold Coins May Be FAKE?!?
Vložit
- čas přidán 27. 07. 2024
- In this video I talk to a bullion dealer and coin shop owner about fake graded silver coins. We show 3 different silver coins that appear to be graded and in legitimate slabs, but they are completely fake. These fake silver coins are in PCGS holders although the coins on the PCGS website do not match the coins in the slabs. Fake silver and fake gold coins are becoming a huge problem. If you cannot even trust certified and graded coins then what can you trust? One way to check to see if your graded silver or graded gold coins are real is by comparing the coins to the ones on the website. If the coin in the slab does not match the coin on the website then it is not real or at least not the grade it claims to be. Some people will swap out a lower graded coin for a higher graded coin. Always buy the coin not the holder. Below is a video about how to test gold coins:
Coin Shop Owner Shows Easy Gold Testing Trick - Avoid FAKE GOLD EAGLES
• Coin Shop Owner Shows ...
✅ Check Out Silver Dragons on Rumble:
rumble.com/SilverDragons
✅ Buy Silver & Gold From SD Bullion
sdbullion.com/sweepstakes
✅ Check Out Silver Dragons on Instagram:
/ silverdragons47
✅ SIGMA METALYTICS PMV DISCOUNT:
rb.gy/aqtojb
✅ www.dirtymansafe.com
dirtymansafe.wishpondpages.co...
Discount Code: DRAGON10
✅ Contact:
silverdragons47@gmail.com
✅ Silver Dragon's Website:
silverdragons47.com/
Thanks for watching!!
Disclaimer: Some of the links are affiliate links where ill earn a small commission if you make a purchase at no additional cost to you.
Topics I cover in this video: silver coins, gold coins, fake silver coins, fake graded silver coins, fake slabbed silver coins, fake certified silver coins, fake silver coins in slabs, fake silver coins graded, fake coin slabs, fake graded coins, fake graded gold coins, fake gold, fake gold coins, fake silver, counterfeit silver coins, silver coins fake, fake graded silver coin, fake bullion, fake coins, counterfeit silver, counterfeit silver coin, fake silver from china, fake silver coins from china, bullion dealer, coin shop, coin shop owner, coin shop video, bullion dealer video, local coin shop, invest in silver, silver investing, fake pcgs slabs, fake pcgs, pcgs fake slab, pcgs, pcgs slab, fake pcgs graded coin
#silver #gold #coins
I saw an 1840 CC seated US dollar on eBay a couple of days ago. For those of you who don't know, the Carson City mint didn't open until 1870.
That means it must be worth a fortune...they made coins even before they officially opened. /s
They rented a storefront before the mint building was completed!! 😂
Is it me, or have I seen more fake PCGS slabs, than NGC slabs. Are PCGS slabs easier to counterfeit? And thanks for a great video, SilverDragons!
Thats why its always important to buy from reputable sources and check as soon as bought! 😎
Why cannot these scumbags leave us alone. What a pain to check all this.
It's just part of the hobby you got to do your due diligence on every coin you buy theses days, honestly I think it makes it more fun.
The world is full of scum bags unfortunately.
The simple answer is that Americans don't want to pay what something is worth. The stingy and corrupt attitudes of American coin buyers is simple arrogance. It is strictly because people don't want to accept the correlation between the actual price of gold and silver to realize that some one ounce coins cannot be sold for the low prices counterfeit coins are sold for. I see numerous eBay sellers with multiple red flags offering 2023 or 2024 silver eagles delivered for less than spot silver prices.
@@rustybritches6747 I'm not going to let swindlers off the hook, ever, but I do get what you mean. It's pretty easy to spot, honestly. You had several signs of a fake just on the slab with the hologram being jank and the front logo being smudged and then when you look up the coins in the database they are clearly not the same coins. GG EZ
Awesome catch!!! Many thanks to this coin dealer.
Good info from Eagle eye Mike! Hopefully be seeing him soon.
This is why it's important to take your time and look at what you're buying. If you're wanting to collect and just starting out find a trustworthy dealer and buy from them and look at lots of coins you like to learn what you're doing
Great job SD and Portland Precious Metals! People need to know this stuff.
Good to see good info coming out of my home-town. :-)
Great info. on how to know it's fake, Thanks
The extent people will go! Insane
Great video brother thanks for the info have a great week 👍
The Mike videos are great. Thanks.
Great video. Thank you for sharing this with the community.
To everyone who says that coin collecting is dead this is proof that it is still very much alive! if they are going so far to replicate PCGS slabs that says something. With a little more time and research put into these fakes they would have been extremely hard spot! Anything worth good money is worth counterfeiting as long as there is a market for it, I've boughten counterfeit guitar strings for God's sake!
I was offered these exact coins through offer up here in Portland and told the seller the pcgs pictures don't match his coins.
I actually saw one of these fakes for $5 and I was tempted to get it to have an example to compare against in the future
Not a bad idea. I'm a jeweler, and we do that with example lab created gems as an easy comparison against natural genuine gems.
Ya not a bad idea in some ways, but I hate to give them money and encourage them to keep screwing people over.
As a newbie who has no 1 ounce coins and only bought one package of 1/10 ounce junk silver, this makes me sad… and I pray whoever is purchasing any of these.. or any type in general, really does their research. Thank you for sharing this. If I came across this, I would’ve never known this was fake.
This is why the bought the SIGMA PRO to check all my coins especially GOLD !!
It’s NEVER FAILED ME YET !!
How much did it cost?
I bought the large one $1,720.00 worth every penny to me . Buy just 1 FAKE 🥸 1 OZ. Gold and you’re out of $2,400.00
You can get the smaller one for about $750
@@user-dk1rr6lk7k Wow, still quite an investment but I suppose if you have a lot of money and spend it on metals regularly it could be worthwhile in the long run.
I paid $1,750.00 for the largest one .
Not surprising, but certainly disappointing to know these are floating around out there. Thanks for the video.
Very interesting watch, thank you. 👍👍
great catch!
Time to make the slabs harder to counterfeit.
They can fake Rolex watches now to 95%. A slab is nothing.
The fact one of the alleged coins had a green tint on it, would probably indicated it contains copper, as copper oxide is the green patina you see on aged copper sheet, etc..
This could be determined with an XRF machine. A device for analysing metallic composition. Often used in gauging what region metals originated, as different locations/mining operations have different impurity content.
Damn I’m some what new at collecting and I’ve already been burned on Loose Morgan’s. So I thought I would stick to graded slab coins now I see I can’t even trust those to be real.
Great video!!
Soon they'll realize they can fake the damage of the specific coin on the website.
Along with Harry’s Coin Shop this is my second favorite Bullion dealer/coin shop to watch.
Ty, for th info ❤
I don't buy graded coins unless I've checked if they are real using the serial number on the graders website.
Geez thanks, I haven't thought to verify until now. I'm off to check with the issuers. I just hope I don't end up being sorry
it's been such a long time since purchasing. It wouldn't give me much satisfaction just knowing who the seller is.
Sad world we live in.😢
It’s even more fun when it’s a coin that pcgs doesn’t have a picture of. I spotted some fake pcgs CC Morgan’s on eBay. The seller took them down real quick after I mentioned it.
Cheap Chinese coins stay away.
Thank you 🙏 SILVER DRAGON!!
Another tip when verifying against the grading company photo database, this works more for ngc slabs, and helps with fake modern bullion, pay close attention to the size of the (don't know what they are actually called) prongs that hold onto the coin and the rotation of the coin (where exactly do the prongs touch the coin?).
Noticed the fake slabs even seem to have the PCGS raised plastic letters in the corner like real ones ?
I always tell people to not fall for the infomercials selling coins. I know several people who have been taken to the cleaners buying coins that were 100% fake. ALWAYS buy from a reputable dealer.
I have been a collector and stacker for a long time and now I am getting scared. The technology to make counterfeit products so "real" is a danger to all industries. A counterfeit coin won't kill but I watched a video where "fake" Ford brake parts were so genuine looking in every way that it took an expert Ford ASE certified mechanic to identify them. A counterfeit coin won't kill you but that may not always be the case. SCARY!
I hope it's okay that I shared this video with the guy that was trying to sell these coins.
Good one
LETS GO YALL🔥🔥🔥🔥🔥
I reported Chinese FAKE coins in PCGS holders to EB - they did nothing
It would be hard to detect if a genuine 1999 silver eagle was in a fake PCGS MS 70 holder. The difference in price is in the thousands of dollars.
Just to let you know silver dragon your videos are extremely professional highly educational I just like pulling your chain a little. I do think bitcoins here to stay I'd love to talk with you about it sometime. And my three favorite metals would be gold palladium Platinum
metals, not "medals"
@@nicolasrossi5978 I fixed it and is that the only thing you managed to read from what I post?
I assume the slabs themselves have a pretty standard weight, right? Wouldn't it be wise to weigh any slabbed coin (especially gold or silver) and subtract the weight of the slab to see if it weighs what it should? Maybe not a perfect test but another one worth adding to ensure you're getting what you think you are inside the slab.
I have a few Morgan dollars that have a similar coloring like that one coin. I have several of them
Thanks for sharing. I hate thieves
❤😂 Never been into slabbed coins.... but all the good ones are in dumb slabs now...
That's why you buy coins in ANACS holders because they don't fake those slabs
Very educational.cynicsm in coin inspection is necessary not a luxury.
Wow, just watched an eye-opening analysis of Bitcoin's latest price twists. It's amazing to see the impact of funding rates, media hype, and big players' actions on the market. This crypto journey is full of surprises, and insights like these are invaluable. It really highlights the power of technical analysis in navigating these waters. For anyone on the fence, now's a thrilling time to dive in and potentially ride the wave to success. The market's complexities are daunting, but also full of opportunities for the savvy investor... In the complex world of cryptocurrency investment, having a knowledgeable guide is essential. Tammy Brockman's experience in this field has been crucial for many. With her advice, it's been possible to grow a nest egg of around 100k to over 572k in a matter of months.
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
Tammy Brockman crypto knowledge is like a secret recipe for success!
Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best way to succeed in crypto is by trading your assets with good strategy.
Spot-on, I would always rate her signals as one of the best ever used 100% accurate.
I won't pretend to know everything, though. Her name is Tammy Brockman but I won't say anything more.She's a Guru, you can find her basic information online; you are welcome to do further study.
I found out several coins a while back that were fake. Bought with PayPal so I got my money back
If the grid goes down, we’re gonna be in trouble, when it comes to verification.. and much more.
I’m gonna start looking into coin text books, as I begin this journey.. so I have something tangible to verify & learn from.
YOU DO NOT NEED THE ORIGINAL.
Full images of the slabs are on the PCGS site.
Mine were PCGS also
You can also use a sigma machine to determine if the coin is real or not.
Is that coin dealer real or a clone ripping customers off skipping town 🧐
Hi do you answer about bills?
any idea if the chips can be faked yet? I have a few holder and from what I have read it seems like it would be very difficult to do, just wondering if you have all seen anything like that yet? PGCS Museum of holders has been helping a ton but I have one slab that is still questionable.
NFC Chips that is
Dont buy slabbed coins😂
How do y’all feel about buying on eBay live auctions?
What % Silver are those coins ?? Are they magnetic ? Just shows that one must be careful with graded coins and not let the package wrongly influence our perception of the coin itself.
I have one of those Chinese Fat Man coins. I scanned it and it also came back good at PCGS with no error message. It is definitely fake. It is not the same coin that’s on PCGS.
would be kinda cool to see what those coins were made of using an xrf....
I bought a couple fake Chinese coins in hopers just like those a few years ago. The coins looked real but when I bought a sigma they tested fake
I saw some of theese "fat man" slabs show up on ebay and sell for $32 dollars that book for thousands. I reported it to ebay and they didn't care
2:27 These coins are called Fat Man. Unfortunately many fakes of it on the market.
I got some Scottsdale’s that turned out to be fake.🤷🏾♂️
If these cases are made in China, they will easily be able to buy them from the manufactuer
For almost every product produced there is a counterfeit factory making similar fakes. There are some youtube Documentaries about it.
Luckily the fakes for ancient coins, at least the ones that I can afford, are easy to spot.
I have the fat man dollar from China but the fake ones have silver in them so unless you know what the silver content is and weight of the coin do your research
😂 I'm still waiting for China to counterfeit Bitcoin🎉
Scammers can probably buy the slabs directly from PCGS’s overseas OEM
Esp the China silver coins
silver is a con mans game..never thought I would say that but JP morgan and the comex intentionally keep the price down..its a waste of time, money and energy..i lost 10 years from this trash
What's the point of the barcode if it can't be scanned?
I don't understand how even the Chinese could invest in making coin dies to make fake coins that only sell for 20 bucks a piece? There must just be so much demand from people in the world apparently make it profitable?
I dont buy chinese anything if I can help it!!! Slabs are ok if you get a good deal, but for the money and security... Rounds and Bars are my favorite and always buy from a trusted source!!
Wow!
China is the giveaway 😂
Recently at an aution that two 1881 cc with the same pcgs number that verified as an 1881cc. Warning! Both were fakes.
I've a fake 2014 Aus Koala, but is real silver!
Maybe just silver plated on the outside, inside Not silver that is the way they do it .
No!
I also stream on whatnot
Can't you check the bar code or serial number with the company. _Oops! Posted the comment too quick._ *Never mind.*
They are plastic cases. They probably bought them from the SAME Supplier since they are buying 1000 X more than the Graders themselves. They only Need one or two coins to work to pay for 1000 plastic cases. And we know FAKE coins are CHEAP! So 5 bucks, a little glue, a crappy copy machine and voila, $2000 dollars please. Not at a shop perhaps but many many people will fall for this. They were testing if they could FOOL the shop here. Arrogant but the workmanship is terrible. Scratches all over the stickers etc.... Now you will TELL them what they need to work on .....and they will get it right next time..
Platinum fakes all kinds be careful
Have I got an 1815 large cent for you.
😮
We call them FAT MAN coins and they go for some crazy money 💴
Don’t buy slabs...
Error message / just kidding
It's a nightmare and why I'm completely out on any physical precious metals.
There from China first red flag
🌎🗿™️
They came from….CCHHYYNNA
I'd say early adoption AI fakes. They will only get better from here.
Best reason to only buy from reputable sources: AND get them to verify, when on site: or supply some type of certificate of verification. Every dealer needs to start this, as a final means of protecting themselves, as well. This would include high res photos, of the metals, inside the capsule.
Of course, it would increase premiums.
They ruin it for everyone .That does it for me..
Witness the evolution of crypto with Xeventy - the next big thing that\'s making waves for its innovative features and disruptive potential.
First clue coin is probably fake: being from China. I mean really, can anyone deny that if it's a rare/valuable item the Chinese will counterfeit it, and if it's a rare/endangered animal the Chinese will eat it? I mean, I know that sounds harsh but can you really deny the truth of the problem? No other country that I know of is nearly as famous for these things.
Lol, very true