This entire coin collection is 100% FAKE! How to identify counterfeits

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21 мар 2022

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Комментарии : 568

@TheQuickSilver101 2 года назад

I never would have guessed that the Chinese were faking dimes. That's very eye opening. Thank you for sharing this.

@kurtilein3 2 года назад

Worn-out Euro coins go through a de-coiner, it cuts them into pieces and bends the pieces out of shape. Then its sold as scrap metal. Then a factory in China was discovered where they flatten out and re-assemble those pieces into new fake 1 and 2 euro coins, for which they get the face value of one or two euros a piece. How does that even work. One would imagine its waaaay too much work for a 1 or 2 euro reward.

@sageschroeder 2 года назад

@@kurtilein3 it does seem like it wouldn’t be worth it, but if the foreign currency exchange is at a good rate and the people making them can be paid a low enough wage, with a decent production rate-efficiency… I’m sure it adds up. Seems better to just put the effort into something more lucrative and above board, but that’s from my limited perspective. People need to get by and likely don’t care about the integrity of another countries collectibles. It’s too bad.

@kurtilein3 2 года назад

@@sageschroeder These are not collectible, these are our regular circulating coins they have been faking. 5 Euros is our smallest paper bill, so we have a lot of the 1 and 2 Euro coins floating around.

@EroticOnion23 Год назад

CCP subsidizes the counterfeiters at a loss as part of their grand strategy to supplant the west!

@maszkalman3676 Год назад

China faking things ohh noo why would they do that :,D china fakes everything.

@erikk19 8 месяцев назад

I believe the alloy is called Chinesium. Commonly used to make drill bits and low cost socket sets

@Spegtacular 8 месяцев назад

🤣

@guyrobinson3625 2 года назад

It's a shame what happens to that gentleman, but he's not alone. And yes it was very kind of him to share with us what happened. You have made the hobby and business of coin stacking and collecting that much safer for all of us. I have 40 years of looking at coins and with that kind of time under your belt, you can spot the odd-looking coins. And always remember to follow your gut feelings, if something just doesn't look or feel right put the coin down and walk away. Thank you Joel for sharing your story with us. Your kindness will be repaid, and Karma to the crooks that sold you the counterfeit coins.

@boykinlp Год назад

I had NO IDEA that this was happening. I mean I knew there were fakes out there, but didn't know they were done so well. Thanks for sharing this information!

@DS-tt9vz 2 года назад

Fakes would go nicely in a dummy safe.

@stevedewey2747 Год назад

never thought of that, thanks

@stevedewey2747 Год назад

dumbsafe, love it

@2dthoughts Год назад

Lol That’s a great idea

@_The_6_Cats_ Год назад

Omg lol

@jwalters1204 Год назад

Brilliant. Great idea

@NorthernCoins 2 года назад

I've found a few fake coins over the years, the last one I found was the 1911 uk British trade dollar, great info on this upload sir

@BilgemasterBill 2 года назад

As I recently posted in my own comment, I believe many of these fakes, including your Trade Dollar, have been created primarily to cheat Chinese savers, who've traditionally long preferred big silver over even gold, rather than chiefly to bilk Western numismatists. But they'll do that too, it seems.

@walterbsprinks Год назад

I have been collecting for 30ty years finding coins in lawns etc. Love History and Love coins too. But only started buying from”Dealers” in last 7 years.This is a very informative talk. Much appreciated

@tacticaldadlife2144 Год назад

I’m the manager at my family owned pawnshop and I love dealing in coins. I just put my order in with your code. Can’t wait to use the pocket pinger! You got a subscriber 👍🏻

@Spegtacular Год назад

Awesome! Thank you!

@robertb3214 2 года назад

Another way of checking for counterfeit Morgan Dollars is in the reed edge counting. There are many Morgan books out there that will tell you the number or reed edges on each Morgan. It is different from year to year. The holy grail of Morgan Dollars is the 1893-S and it is unique in the number of reed edges. Also, there are many Morgan books with excellent details on specific Morgans that help. I don't think most people really understand the level of detail put into the study of Morgan dollars.

@sevea 10 месяцев назад

I still remember my first Peace Dollar. A wonderfully beautiful coin, a bit thick but the weight was right. Doubts came to me only when it started to rust

@Arturro-pk2eu 2 года назад

I bought a tube of Morgans from an Asian country that all turned out to be fake. The price was too good to be true and it was. I took this as a learning experience and gave some to fellow collectors to learn from.

@stephendrake6626 Год назад

My son returned from Afghanistan a few years ago and brought me a silver dollar. I examined it and found that the front and back were years apart. That prompted me to check it with a magnet. The magnet immediately drew it to it. A vendor in Afghanistan was selling them to the soldiers stationed there for $3.

@coincollectingfun Год назад

Crushed the like button! Thank you so much for sharing this incredibly valuable information!

@jenihansen7201 Год назад

BLESS YOU JOEL FOR NOT GIVING UP BUT SENDING TO SPEG SO WE MAY LEARN A BIT MORE....THANK YOU.

@joelp6197 2 года назад

The fake dimes were an eye opener, thanks for showing.

@misterTVman 5 месяцев назад

Counterfeit coins ruin the hobby and turn people off to trusting in the hobby. 😢

@dragonshoardstacker 2 года назад

I would like to add that I'm very thankful for your channel and all the information you have provided in the community and I only buy from a reputable lcs or online dealer as well because I was able to watch many videos before my first purchase so thanks very much

@Spegtacular 2 года назад

Awesome 😎 glad to help

@spacecoaststacker8448 2 года назад

Great video! Unfortunately lots of fakes out there. These types of videos need to be watched by everyone a couple times a year. Especially as the value goes up on silver.

@saltwatersaddletramp7229 2 года назад

Thanks for the continuing education. I do buy circulated Morgan and Peace Dollars. But, only from reputable sources. I’ve bought quite a few from Coin Guy.

@silvertrucker2172 2 года назад

Ordered me a ping tester. Thanks much for the info. Enjoy your videos.

@escottmusic7898 4 месяца назад

Great video ....... thanks for posting!!! Very educational

@Readyman56 10 месяцев назад

I really enjoy viewing Speg Tacular videos on RU-vid!!! I enjoyed learning the difference between a real Morgan, Peace Dollar and a counterfeit!!! I really enjoy your demonstration of the pocket pinger! Please share with me how I can aquire my very own pocket pinger!!! Thank, D. L. Polk. 😊

@markmark2080 2 года назад

When you mentioned counterfeit books it reminded me of my Navy days in the mid 1960s in the 'Far East', on certain well known Island there were counterfeit book and record stores where we could buy anything from Motors Auto Repair Manuals to all the Charlie Brown cartoon books and any 33 rpm hit record in the world for 5 - 10% of the cost back in the states...

@hypnotherapycw Год назад

you dont think those counterfeiters still exist?

@markmark2080 Год назад

@@hypnotherapycw Everything is today, one of the worst is OEM auto parts, cause DIYers many expensive problems...

@herbash298 2 года назад

When the pocket pinger resonates that's music to my ears! 🙂

@coinshow9842 Год назад

This is actually a great way to help other stackers or collectors ! Nice vid to 👏

@hc7760 2 года назад

The dimples are grab marks from coin counters that were used back in the day, from what I understand or was told. Some of the toning looks like an oil based cleaner

@mysterybuyer3738 2 года назад

They are worth something because you can use them in a decoy safe to protect the real safe.

@stephenlang419 4 месяца назад

Im 72 years old and your good, and i just love watching you.

@silver-lovinglou5695 2 года назад

Yes! I picked up a Pocket Pinger a few months ago and found a fake ASE I had picked up a few years ago... A Great Tool! LOTS of fakes are on the market! Use discretion when buying! Just Keep Stacking! Thanks Speg!

@miker1009 11 месяцев назад

Where did you buy it from? How much are pocket pingers? Thanks

@larryhanshew5173 2 года назад

If you find a small break shear it clamps down the coin and cuts it for a clear view of the interior material for easy identification…just an idea and most sheet metal shops have one

@TheQuickSilver101 2 года назад

Often in the past counterfeiters were put to death. There were also alternative punishments like many years in prison and massive fines. I believe that it was England who at one point would slice off the nose of a counterfeiter.

@MrTruckerf 2 года назад

That's what it takes to put the fear of god in those bastards. England did not play around back then and had some creative, if brutal, punishments. Pirates were hung in cages at the ports and left there. The bodies gradually fell apart and then you just had cages with a pile of bird-pecked bones but it served notice on what future pirates could expect.

@rob010976 2 года назад

I love my pocket pinger! It hasn’t let me down yet. Everything it told me was real, was indeed real when my LCS let me use his tester. Thanks for turning us on to it now months ago Spegtacular!

@NapoleonicStacking 2 года назад

Those are some very convincing fakes, scarry stuff. I have some experience having bought fake silver and gold in the past. Luckily not to much experience lol. Great video!

@4ninefine199 2 года назад

Wow, counterfeit DIMES ! Makes me a little intrigued to want to check my entire stack.

@stackingpoints417 2 года назад

Me too lol every time time to bust out the test acid

@HugoTBoss 2 года назад

I've bought quite a few Items from EBAY and would like to test out. NOICE VIDEO!

@godbluffvdgg 2 года назад

Wow, that's crazy that those coins are fake! Who the HELL makes a fake dime? smh...

@johnsherman6347 Месяц назад

China

@gregoryhoefer3660 Год назад

This was needed information for what’s going on in the market. Thanks

@tom_morgandealer_pgh1648 2 года назад

LOL that part when you said people sell like 30 coins and call them self a dealer that was definitely me back in the day. I used to find fakes all the time and ebay always got me full refunds. i cut 2 open and saved the other 15 or so. couple german and foreign stuff from the 1800s and silver dollars. ( none ever weighed close to right and was never magnetic) ping test goes a long way

@SilverOceans 2 года назад

Great video, the bottom line is always buy from reputable dealers. 🔥🦈🌊

@Cloxxki 2 года назад

I carried around this 1954+ Dutch 2.5 Guilder coin. 33mm 72% Ag 18g gross. Accidentally put it on the butcher's counter. His eyes immediately lit up, it sounded different.

@jayheinkel 4 месяца назад

Thank you for the information. Thanks for bringing awareness and some more of the basics to YT for new and old coin collectors alike. I always try to keep a scale handy and legit silver coins for ping testing comparison. I’ve also noticed many fakes and or what I consider to be fakes for sale online. It’s unfortunate and hopefully with more awareness we can help put an end to people buying fake coinage.

@truthwatcher1621 2 месяца назад

Thanks for the heads up on the mercury dimes. Crazy!

@Farmboy762 2 года назад

The 3 or 4 dots on a coin are from a hit from the reeded edge of another dollar.

@TheGroovyJones 2 года назад

In 1893 they estimated 50 million dollars in circulation, 20 million in bags as bank reserves, and 175 million in bags still held by the government never released. Bag marks are real. But then the majority of those uncirculated Morgan dollars got melted down because of WW1.

@worthlessgarbage4857 Год назад

I couldn't tell by looking by the sounds gave it away for me. Sound is probably the biggest thing I check for.

@jimthompson9992 2 года назад

I wish the Sigma wasn't so expensive! Fixed income can be a burden!!

@lindaneff7245 2 года назад

Thanks for the head up. Where do you get one of those tools?

@Spegtacular 2 года назад

Check out the pocket pinger link I’ve placed down below the video in the description and use that code provided to save some money! :)

@constitutionalstacker5701 Год назад

Good work Speg.

@brucemiller8109 Год назад

I would NEVER think a dime would be fakes but seeing is believing.

@stormforge68 2 года назад

Note regarding the pocket pinger…it should not be used on numismatic coins, as the plastic nub will leave a near invisible mark on your coin. Read the disclaimer and understand the risk of using the PP on collectible coins.

@TheGroovyJones 2 года назад

I just hold the coin and ping it with another coin. Here is where I triggered the entire comments section. Obviously not coins in high enough condition or rare enough date to mean something. But I'll hold shiny silver bullion Eagles in my bare hands and bash them together all day long. I like the sound they make.

@terrancehawee8260 4 месяца назад

That coins meter you have where did you buy it at...that awesome-something I can use 😊

@rvalens2 9 месяцев назад

I was hoping to see him cut the Morgan open, so we could see the inside the coin. A Dremel with a cutting blade would easily have done that. Putting it on a grinder would also work. It would have been interesting to see if the metal was layered or if it was all the same. Thanks for the great video! You are to be commended for educating others about all the fake coins that are out there.

@lapimano2 9 месяцев назад

Yes, but other than that, and perhaps the lack of more emphasis on the size and thickness of the coins, and the proper introduction of that electronic device, this was a relatively decent, informative video.

@scratchoffgal2016 2 года назад

@spegtacular will the pocket pinger work with smaller silver coins as well? Say dimes and quarters?

@Spegtacular 2 года назад

Yes

@joerock1736 10 месяцев назад

You can actually see the chemical residual on the coins to give them shene,plus the way there stained basically identical which is that in itself unusual. Very good learning video.

@darancemoore9466 2 месяца назад

I greatly appreciate this knowledge

@philsimms5475 2 года назад

We have an inherited coin collection, which I have been analyzing for value. I think some of the Morgan dollars do look correct. Thank you for publishing this to help my analysis.

@stackingpoints417 2 года назад

Alot of the fakes are pretty much perfect its just the metal composition thats not right

@stormforge68 2 года назад

I primarily stack current year BU only, purchased from reputable online bullion dealers. This is first line of defence against fakes. My second line of defence is my Sigma PMV Pro Mini and the GVS Bullion Tester. I’m all good. 😆

@jurgenpommerenke8150 Год назад

They can adjust a lead-tin mix to get the same density like silver. Dimension and weight could be correct.

@theodorejonesjr1265 2 года назад

Thanks for the coupon code, just bought the 2 pack. I’m a lucky guy, wife loves precious metals too!

@speckledjim_ 2 года назад

How do you build an entire collection of fakes. At no point in your collecting do you do any testing? Testing your coins is a huge part of the whole collecting thing, at least it is for me

@Osmiculture Год назад

I am curious how this 'collection' came together for your correspondent (perhaps I missed it). Was it accumulated over a period or from a single source e.g. an internet profile? I wonder how old the fakes are, because I see metal detectorists in Europe dig up occasional counterfeit coins but ones that were contemporaneous to the real coins in circulation.

@maxredman5628 2 года назад

good info.... thanks a lot!

@kurtilein3 2 года назад

I collect high-end Magic: The Gathering cards, and the best fakes are still crap and easy to identify with due diligence. When i go look at cards, i have a jewellers loupe, real cards from the same print runs for comparison, and the flashlight on my cellphone can be used to send light through the card.

@b.neallee7042 Год назад

I can't believe how crooked people can be. . what ever happened to honor, integrity, and pride with providing a good product at a great price? All these bums are wasting their life on a lie. I heard a dealer sold a safe full of sealed gold coins and after 20 years of selling fake gold to his loyal customer not one was real. His whole life was a lie. That's how people get KILLED. You have great information and know who you buy from. Neal

@kurtilein3 2 года назад

The four little dots in the neck are likely a mark that a dealer or bank made, to recognize coins they already had, and to track stolen coins.

@spacefury65 4 месяца назад

What I find amazing is the different years. You would figure that counterfeiters would have limited numerical dies available to them. Maybe 1-3 year spans... but 1880s-1920s is scary... This is why I stick to finding my silver , IN THE GROUND!!

@mtgbear3358 2 года назад

Where did you get your tester from and approximately how much was it, just after a ballpark/maybe a source? Love your vids here in the UK and am trying to grow the scene here. :)

@Spegtacular 2 года назад

Google search for sigma Metalytics if that’s the machine you’re looking for. Otherwise, I have the pocket pinger in the description of the video.

@mikemcgrath5188 11 месяцев назад

just ordered the ping tester with discount, thumbs up!

@John-ye9sp Год назад

This is good to know. When l was young l was into coins and baseball cards .I did not know they were doing this.

@erwinwheeler124 2 года назад

Spectacular those dots are Rated edge hitting each other in these $1000 bags.

@Spegtacular 2 года назад

And they make dots? Crazy. I have another coin with that same pattern in the same spot too.

@GatekeeperofOld Год назад

@@Spegtacular anyway I could acquire some of those phony Morgan’s for close up magic?

@SmokeyDaBear0420 Год назад

I just recently found a hoard of coins full of fake silver dollars and key date wheat pennies in a relatives house that passed a couple years ago. Tons of real wheats and some other things but all the silver fails weight and ping tests

@vernowen2083 2 года назад

The fakes may be made of a type of stainless steel that is colored gold. It's the same metal being used to make fake gold jewelry, of which I have a necklace I found metal detecting, which was tagged 18K and Nitric Acid will smoke when it comes into contact with this metal.

@hypnotherapycw Год назад

dimes sounded like ZINC pennies.

@stevelaminack1516 Год назад

I knew paper was counterfeited but I had no idea coins were as well. Is it just collectable coin or are the putting fake coins in circulation as well?

@miker1009 11 месяцев назад

Where can you get a pocket pinger? How much are they? ThNks

@Spegtacular 11 месяцев назад

Check the link in the description and use the coupon code if you’d like a discount. Very cheap to ensure that you’ve got real deal metals

@canadiansilverseeker Год назад

Thanks for sharing the testing of the fakes... I just made myself a silver slide race track Happy Stackin eh!

@richiesalese4444 Год назад

Where can I get that pocket Pinger? And also I have a scale but what is that other skill that you use to test silver it was some sort of whiteboard you had what is it called and how much do they go for

@Spegtacular Год назад

Did I put the info in the description for the pocket pinger? If not, I think if you Google it you should find several locations selling it. It’s become pretty popular.

@MG-ul4kc 2 года назад

I have some mercury dimes that are not passing on my sigma mini pro. I'm sending them back. Thanks for the video

@silver_salvage_savage 2 года назад

I think those "4 dimples" are meant to look like contact marks from coins dropping on each other. Could be the counterfeiters signature.......who knows. Is the CC dollar you mentioned also a known counterfeit? There needs to be a crack down on these. Morgan's and peace dollars, mercury dimes are all still considered legal tender with a face value

@Spegtacular 2 года назад

My CC with those marks is a legit coin.

@robertrichards9275 2 года назад

I almost can't believe how many coins someone showed up with for their collection that were all fake oh, it just blows my mind

@bobbyagee3796 2 года назад

So to be absolutely sure of metal quality, boils down to alloy? Mainly dealing in F or VF?

@DropYoutube Год назад

I bought a 1909 s vdb on a silver dime planchet for $10 and was shocked to find out it was fake.

@lolaeudy8316 Год назад

I'm not surprised at all. Reputations are hard to repair. Any and all testing one can do is helpful.

@stevedewey2747 Год назад

I have a what I believe to be counterfeit 1921 peace dollar. weights a little more, "PEACE" is completely missing, and the worst part is when I picked it up with a magnet. looks to good in my little collection to ever let it get into circulation. just so ya know there's another one, not out there.

@joe62845 Год назад

What is that meter that you have and how much does that cost? Does it only tell you if it's silver or not, and does it weigh the coin too? I wouldn't mind having something like that.

@Spegtacular Год назад

Are you talking about the Sigma? About $800

@kevink7228 2 года назад

Will the pocket pinger damage the coin at all? I used to have one for gold eagle that tested the weight and thickness (via a slot on the bar and a teeter totter type nub on the bar)

@sageschroeder 2 года назад

It definitely can. Advisable to use it only on bullion.

@paulmcckain3420 2 года назад

That dimple is when the coin after it, falls on edge onto the one before ,the edge,reed!

@onealjohnson459 10 месяцев назад

What's the code for pocket pinger and can you recommend a reliable digital scale?

@Spegtacular 10 месяцев назад

I think Speg works try that. I’ve used cheap scales from Amazon from years ago and they still work. Not even a battery change

@tonyhazlett2973 2 года назад

So question about the fake coins. Can you find out what metals were used? If so could those metals be reused into something else if you are able to melt them.

@goldcicvibefel7628 2 года назад

@Tony - you would need an x-ray spectrometer to determine other elements in a metal object. They are very useful for gold nugget purity & can help identify location & geologic conditions. The ranges I've seen used by pm deals run 11k to 19k. Won't buy a nugget without one. Australian nuggets have the highest gold content. 97 - 99%. The rest is typically mostly silver, with some trace of chromium, Pt., Pd, Fe, Krypton. My primary LCD has one, mostly for scrap jewelery.

@PlumberStacker 2 года назад

My lcs had a cc Morgan’ in his display case. Had fake stamped on it but he didn’t catch it. Paid for it as a regular cc. I showed him and he wasn’t to happy.

@Spegtacular 2 года назад

Dang

@stackingpoints417 2 года назад

Be hard to trust your lcs after that if it was me I would not go back thefe

@jduff59 2 года назад

Farshod (Pocket Pinger) is great to deal with - one of those and a good magnet can really help the amateur collector.

@rustybritches6747 Год назад

I'm guessing the composition is a high nickel bronze alloy that they obviously patina intentionally to look like toned silver that would explain the color the closeness in weight other than the slight thickness difference but the high nickel content would make it hard to melt with propane or one can of MAPP gas

@777dingo 8 месяцев назад

Could be but Nickle is relatively expensive why wouldn't they use a cheaper metal?

@rickbarnard-uj8hs Год назад

Erifier? Where to buy, battery operated tester? Pocket pinger, amazon?

@haroldhprittjr7007 Год назад

It’s a mixture of different metals may be something like a ceramic metallic mixture ! Wonder about those dimes if they were tried to be melted ?

@norrismilstead7209 Месяц назад

Why are counterfeit bills not legal to own but counterfeit coins are?

@haroldhprittjr7007 Год назад

Does that pocket pinger work on the dimes?

@wh8085 9 месяцев назад

This video just blows my mind ! I've been buying 90% coins for several years and have never checked them. At this point I don't even want to start checking my coins ! OMG ! I have lots of dimes and I don't have a clue about them since I watched this. I've been buying morgans lately . . . . I'm to scared to check 'em ! Where do you buy one of those gizmos that you check them with , I mean the electronic tester thing ? ? ? This is so scary .

@theimpaler2317 9 месяцев назад

So the length of the ping is what makes it authentic? I thought it was the pitch of the ping and how uniform it is.

@seanoconnor1478 Год назад

I've noticed alot of fake Morgan's have that same dark toning right around the periphery..🧐

@brianwkunklecih7724 2 месяца назад

The one that you tried to melt may be a nickel alloy. I used to work in a specialty metals plant, and some of the nickel alloys had that same gold hue, and melt closer to 2700 F, which is too hot for blow torch.

@neilwhite9833 2 года назад

Not sure if my Redbook is old or not but where can I look to get s thickness measurement?

@Spegtacular 2 года назад

The italics should have the info by the coin’s description. Not every measurement exists but it should get you through.

@davidpugh8772 2 года назад

this is why i mostly only buy from my LCS my local pawn shop slid the wool over my eyes last week and i'm not doing business with them now

@David_Quinn_Photography 2 года назад

that's a bummer, my LCS charges too much and my local pawn has good prices but I always have him throw it on the verifier I even have the LCS do it because what are the chances they run every coin that comes in the door when dealing with 1000s of coins from 1 seller.

@davidpugh8772 2 года назад

@@David_Quinn_Photography very true but the pawn shop only acid tests and they're usually very very high priced the coin shop has better prices