PCGS Open Box - Watch Out For Counterfeit Gold! 

How do they test on a sigma? Are these real gold?

There is no way that 1851 $5.00 is an AU-50. The details just aren’t there

It's comforting to know they haven't been able to counterfeit a Ben- he's just too real and detailed.

Are these gold coins known as contemporary counterfeit's? That is they were made in the day to fool merchants rather than today which fool collectors? Are these made from gold?

Thanks for the detailed info. Looks like this book is a must have $20 investment. I bought an 1851 $1 gold coin from a reputable dealer that likewise came back from PCGS "Counterfeit - False Dies". Luckily the dealer not only gave me back my money, even though it was 4 months later, they also threw in an extra $30 to pay for my grading fee. Before that 1851, I never knew thought that someone would go to the trouble to counterfeit such a small denomination coin, and in a common date/mint.

My dream coin is a satin proof $2 1/2 or $5 Indian. PR65 or better.

Yes!! PCGS slabbed pre-33 gold on the clickbait.... I'm all about it 😍

This is great content. The education you provide is excellent. Thank you!

Those tool marks in the denticles on the counterfeits are the easiest way that I have learned to tell. They look like tiny gouges along the edges

Thanks Ben. Great video. This is why I will continue to say that I would rather buy a details coin than a raw coin . Atleast I no the details coin is REAL and not a FAKE and be out my money . The stigma around details coins is crazy . The coin still is what it is and has made it all this time .

Thanks for the video.

Great video. Thanks for the information.

Are these counterfeits contemporary with when the genuine coins were being minted and circulated? Or are they more recent counterfeits? Also, I assume they are not genuine gold either, though you didn’t say. In that case, couldn’t they have been tested prior to submitting for grading?

Those definitely would have fool me. So what percentage of the counterfeits are gold and not gold? I imagine the weights wouldn't be right.

Very curious about gold content and weight also. I thought counterfeiters wouldn’t waste real gold to make their ‘planchet’? Do the authenticators use XRF type machines for metal content?

Always remember that PCGS, NGC are not the true authority on coins, they have both wrongly called real coins fake. There are die varieties, errors and special strikes the mint made that were not recorded so always keep these coins that have been labled as counterfeits because they could be worth more then you could imagine, the 1913 liberty head nickel was originally thought a counterfeit but was found to be real, I've had a few coins that were like that also.

Best RU-vid channel for Coin Education instead of just Coin Clickbait - " The Coin G ' eek" (btw I keep trying to rub the spot off my phone screen 😉)

At the beginning of Covid...I had 2500 to invest in coins with to get my first five $5 Gold Indian coins raw....I got three of the Israeli counterfits from two different coin shop locations and I never found out if everything was on the up and up or not but the conversation about the Israeli Jewelers from the 1960s would make a good video...got my money back because gold went up and 14-16karat was thankfully worth a little bit more...If you don't know anything about what I have just said it's fascinating. It contrinuted to Nixon taking the US off of the Gold Standard in 1971 a little bit. Had to! ;) Secondly, in your video, that first $1 fake had some serious doubling on the "1" on the Reverse!

Also every time I watch one of your videos I get an urge to Buy More Coins. Haven't figured out why yet 😉

I know these things by long term study and painful experience but I greatly appreciate you highlighting the counterfeit coins. Maybe it will save someone else the pain. Thanks!

I love the little Indians. I'd like to have 10 of them.

Hairline? That's BALD eagle, Ben! 😂

I could tell that was counterfeit as soon as I saw the eagles back

Enjoyed the video. Always good to learn to spot counterfeits!

Thanks Ben! Great information!

China has been putting counterfeit U.S. coins in counterfeit PCGS and NGC slabs on the market that are so good it's hard to tell. When you look up the coin with the serial number it will be on the websites. Older counterfeit gold coins were sometimes made for jewelry and you can see where they were mounted in a bezel, if you look close enough.

Are the plethora of counterfeit $1 Gold Coins actual gold? Or do they use base metals?

Scary and helpful. I wonder how many have passed through our shops unknowingly? Gonna start looking a lot more closely. Maybe even paying melt only for raw that can pass Sigma, and normal % of greysheet for slabbed only. Seen fake slabs too, but they're easy to spot.... for now anyway....

Thanks for the video!

Very good info, thanks Ben!

I remember seeing the red Book price in 1963, it was valued at $3000 and the 04 O was at $1500.

Hi Ben I got a question for you. I bought a Morgan dollar that's been graded at ms-67+ my book only goes to ms65 which is worth $5,500 book value. How would I find out what it's really worth. Jim Nj

1857 S "Butterface"

Those are fakes in the last part but are they still made of gold?

Hi Ben, Are these real gold? Are they meant to be high grade? because in circulation a bit, you may not to be able to spot some of those markers. When were they made? Was it the actual date? or later. Lots of other questions, maybe do a follow up on these topics. And do they have any numismatic value? I know the Omega doubles are kind of collectable.

Hi Ben. I'd rather have an 1857 PCGS MS68+* DMPL.

Gestalt. The whole is greater than the sum of its parts

I guess they fooled you too,you sent them in

It's definitely scary to think of how many fakes are on the market, especially since I have plenty of non-slabbed golds. Unfortunately where there's money to be made there will be counterfeit everything these days.

I just started my hobby. I am using the Guide Book of United States coins 2024. For instance I am looking at page 160 in the “Red Book, I only see two columns for grades. are those the only two grades?

Better to just stick with trade dollars

First