Fake Graded Silver Eagle Coins! How to test for fakes.

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Published 2021-01-15
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All Comments (21)
  • @drip369
    That crack wasn't there. Mailer's error. The labels caught my eye quick
  • @ngantnier
    For whatever reason people trust slabbed coins more than loose coins. I'd much rather be able to actually see if the coin is real. It's harder to tell a good fake through thick plastic. At least those are crappy fakes.
  • The letter "U" in United States was different on the fake coin than on the real coin as well. The US mint changed it (the letter "U") in 2008. The mint changed it from this U, to this -> u,... but larger in size. (A small letter u that is capitalized.)
  • @dwite02
    Theres someone somewhere taking notes while another is being beaten for not counterfeiting them perfectly.. great vid speg.. thanks joe!
  • @scottcahala7779
    Sad to see people get taken. It is killing the hobby. Thanks for sharing with us all. We all need to be on our look out for fakes.
  • @Ontario100
    Excellent video! These scammers need to be in jail. I would only add a couple of things: 1- The font on the lettering and numbers is off. 2- They all have the same certification number. Each coin should have a unique number and 3- If you look up the certification number, you will see a counterfeit warning. I put the lookup app on my phone. I check everything I buy. Thanks for doing videos like this to warn the community. 👍
  • @DavePlouffe
    A very informative video. I scanned each slab with the NGC app when you showed them to the camera. All came back with a note stating it was a possible counterfeit holder and all scanned as a 2018 ASE.
  • This is an excellent video that showcases a modern phenomena that just didn't exist many yrs ago when I 1st started collecting long before slabbed coins existed. China fakes weren't an issue decades ago either. Usually what I find all the time on EBay are NON legit Coin Certification companies beyond ur primary NGC, PCGS, ANACS or IGC which I immediately bypass. I've only come across 1 questionable NGC holder in a pawnshop which I think actually was just cracked open for curiosity or damaged but the coin appeared legit. In the past counterfeiting issues had been more limited to the removal or addition of a mint mark or very old early counterfeits of Colonial Large Cents for instance (called electrotypes as I recall) which I learned a quick & pricey lesson on yrs ago. As we all know Certified slabbed coins can be VERY expensive particularly for the high grade stuff..so this is a very cheap but mandatory lesson U show to help avoid VERY pricey Fraudulent fakes from China. U have reminded me how this has become a much bigger problem now to always be on guard for when buying coins especially online. Thanks
  • @jafobabe5901
    I know I'm 2 mos late to this party, but so glad someone from GAB directed me here! Now I need to go back to all my slabs and take a closer look! And if still in doubt will take them down to the LCS for review. You can bet I am subscribed now!!! Thanks for all you do 👍
  • @gilavalos2400
    Avoid slabbed coins and bars unless they're being purchased from a reputable dealer.
  • I remember way back when, there were also fake graded Morgans that surfaced. As PMs price rises again, fakes will abound again. Let's hope those bringing this in and peddling this get caught.
  • @maxdout564
    Thanks for the door bell in the intro, my dogs really enjoyed it.
  • @oahuhawaii2141
    The first slabbed "coin" has the following on its label:

    2011 Eagle A$1
    MS 70
    4816031-001
    { barcode }
    NUMISMATIC GUARANTY CORPORATION NGC

    The other 4 fakes have the same label, but with the corresponding year. However, the NGC Cert # and barcodes are identical, meaning all 5 slabs are linked to the same coin in the NGC Certification database. That's a big red flag.

    As with any slabbed NGC coin, you can go to the "certlookup" page of the "ngccoin" site to find the real coin in the NGC database. The information identifies the label type, and has the original label data. In fact, the info on your slabbed Standing Liberty quarter matches what is shown in your video:

    1928 S 25C
    AU 55
    4720367-001

    The NGC Cert # (4816031-001) and Grade (70) for the fakes come from a real American Eagle Silver $1 coin, but it's for year 2018. This label has been used with so many counterfeits that the NGC page flags the coin as a potential fake. Now if you own the real 2018 ASE MS70 NGC coin, it'll be a great conversation piece at a coin show.
  • @SilverOceans
    I didn’t know about that pushing the graded slabs test, great video!
    🔥🦈🌊
  • @mecha1gold
    I see a lot of fake coins on ebay and the sad thing is that sometimes some of those listings show how many the seller has sold and they sell a hundreds!!! :/ I feel very bad for the people that buy them and I get concerned by how many of those are out there... I try to report those sellers immediately but they are many...
  • Interesting with the cartwheels! I've never even noticed that before 👍🤙 great video as always!
  • @zaklinacz70
    Shame that you cant enter this awesome hobby with secure feeling:( thank you so much for showing this - poor man was robbed....
  • @Card_Asylum
    The real ones are ultrasonically sealed so unless you bust them they're not coming apart and even then the sealed halves will be the parts that are still together. Cool video cuz I had no idea they were faking slabs like that. 👀