Saturday, 17 November 2012

Five Steps To Help You Recognize Counterfeit Silver Eagle Coins

By Lonnie Bressler


Silver Eagle Coins fraud is unfortunately a reality. I am going to show you in 5 tips to safe guard you from scams.

Step 1:

Does the coin look good? Any highly trained or experienced coin authenticator frequently can't determine if a coin is bogus or not but usually say "It doesn't look right". You will have to learn what a real silver coin appears like. Once you learn that, you can usually tell that the coin " doesn't look right" even when you can't place your finger on it. Trust your gut instinct and do not buy that silver coin .

Step 2:

What is the weight of a silver coin? A real coin will weigh more than most bogus coins due to their affordable silvery metal alloy. When you observe a coin weighs more, it could also be a fake and is probably utilizing silver plated lead.

Step 3:

What does the surface of a silver coin appear like? Fake coins may have a silver plated finish , nonetheless, oftentimes they don't. There might possibly be "high quality" fake coins they could appear convincing, yet those are extremely rare and a lot of people don't go to that length to fake a coin. Silver has an exceptional sheen to it that's nor too soft nor harsh or perhaps soapy looking .

Step 4:

Exactly how do the silver coin's sides look like? When the coins edge should be reeded, and isn't or the other way around, this is a huge red flag, because of the fact mint errors of this type are very rare. Moreover, when the coin has a seam around the edge or a bit of a protrusion on the side, this is a sign of casting sprue, or file marks where they seam has been taken out. DO NOT BUY THIS COIN!

Step 5:

Does it pass the coin tap test? Silvers coins have a different ring whenever kept on the tip of a finger and tapped with one other coin . Only precaution I would likely take is to not to ding or damage the silver coin when performing this.

There are many reputable sellers these days that get their coins graded appropriately; then again, there are small vendors that will sell something that is bogus for a fast buck.




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