Fake Morgan Dollars at a Flea Market! How to identify fake coins.
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Published 2023-09-20
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All Comments (21)
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The silver alone is worth 20 dollars each . If they are selling 3 for 40 dollars that’s your first red flag.
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How to identify fake Morgan Dollars at a flea market: 1. They're at a flea market. 😉
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I appreciate you going over this and I appreciate the other person for being willing to reach out and admit that they purchased counterfeit coins
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I was at a Bazaar in Baghdad Iraq and a local had a box of these Morgan Dollars for sale for $10 each. They looked real but my buddy said they were all fake. He saved me some money that's for sure.
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Magnet test works the best and takes 2 seconds. 99% of the fakes stick to a magnet. The ones that dont usually can be found out by weight. Your methods are good too.
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The seller at the flea market is responsible for passing counterfeit money. If it's intentional, he's a criminal; if it's by mistake, he is too ignorant to be selling coins. At a minimum, the police should have confiscated them.
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You can hear when they rub together that they are not silver. I have always been able to hear the silver tones even when they are dropped in my hand as change. Thank you for sharing and helping your viewers and the girl.
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Old cash redgesters had a marble top to tap a coin on to test it.
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Secret Service: Why don't you have a seat right over there...
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Great video! Thank you for your time and for showing us quite a number of ways to protect ourselves against fakes. 👍🙏
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Watching 9 months after posting this video, I found some fakes today, and determined they were fake before I got scammed. The ping was too high, and the coin was too thin. The patina was too wrong. I’m glad I noticed the signs of a fake. I told the shop owner they were fake. It’s a crime to sell fakes. Always report it when you see it.
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Please be careful, some counterfeit coins will pass the Sigma test as they are made of real precious metals. I bought a fake Sovereign coin that was made of real 22k gold. The mint mark for the year of issue did not exist, it was never minted. That took a bit of research. I was able to return it two days later for a full refund.
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Hola. Am so glad to find a current vid made by an experienced & organized numismatist on this important topic. So many online sites selling Chinese mass produced fake silver coins/bullion at stupid low $, & new collectors & anyone looking to make a quick buck, or who aren't schooled on coin or silver unwittingly buying that stuff, we've got a steady supply of economy destroying fake bullion being injected directly into our economy's bloodstream. This vid shows that it may be more prolific than we hear about.
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We recently had a couple of folks try to sell us fake Morgan Dollars, 1923 peace dollars , gold Maple leafs, silver eagle coins, silver bars and Gold One ounce bars....All magnetic ⚠️😡Yes, everything was fake except the dimes , quarters and halves.
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I thought Brass as soon as u Scratched it! You have a Good Eye SPEG! Cheers JJ
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I have one of those ring gadgets. I love it. Its great, I've never got burned while using it. That pocket pinger and a magnet will really improve your chances for not getting burned.
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Yeah I can hear the difference. The fake ones have a harsh high tone. I'd almost say like a sawtooth wave. The real silver one sounds more like a bell
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you could also jingle them in your hand. thats a good way to tell by listening.
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@1:50 number 4 is the real one. I see its sharper numerals and sharper letters than the others and there is no dark background stain. A FEW MOMENTS LATER.......... @3:30.... right on ! I was correct. There are some other measurements that you can also look for manually. circumference, thickness and diameter. There are also die marks that are the same for many different FAKE COIN years, as to where they would of had different dies at the mint. - Great video, I am a novice and have bought a lot of bad coins for very good deals.
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The 1882 one was what I picked, and it was right. My reasoning was because the rest had this weird dark color around the edges of everything which is indicative of someone purposefully trying to darken them, and the real one had a worn down face that is hard to fake without leaving mechanical marks.