Coin Shop Owner Shows Easy Gold Testing Trick - Avoid FAKE GOLD EAGLES
In this video I visit a coin shop and the coins shop owner shows an easy gold testing trick to avoid fake gold eagles. Fake gold eagles usually come from China and can be hard to detect if you do not know how to test gold coins. This coin dealer uses sound to find fake gold eagle coins. A fake American gold eagle coin will have a different sound compared to a real gold eagle coin. There are many fake gold bars and fake gold coins out there so you need to protect yourself. We test 4 different goin eagle coins from the 1 oz all the way down to the 1/10 oz searching for fake gold eagles. The larger 1 oz gold eagle coins are the easiest to test and easiest to sort out the fake American gold eagle coins as well. We do test a gold Krugerrand coin, but we did not find any fake gold Krugerrands. When it comes to fake gold vs real gold, the fake gold coins will have a different sound. This fake gold coin test is extremely easy to do. The fake 1/10 oz gold eagle coins will be the hardest to detect. Counterfeit gold eagle coins are a crime. I hope this video helps you to find any fake gold eagles before you purchase them!
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Topics I cover in this video: fake gold eagle, fake gold eagles, fake gold eagle coin, fake gold eagle coins, fake gold coin, fake gold coins, fake gold krugerrand, fake gold test, fake gold coin test, fake 1 oz gold eagle, fake 1/10 oz gold eagle, fake 1 oz gold eagle coins, counterfeit gold eagle, fake gold bars, fake gold bullion, testing fake gold, how to test gold, coin dealer, coin shop, local coin shop, coin shop owner, coin shop video, coin store, bullion dealer, sound money metals, how to test gold coins, fake gold coins found, american gold eagle, gold eagle coins, gold eagles, gold eagle, gold eagle coin
#gold #coins #preciousmetals
Пікірлер: 348
Too bad my tinnitus rings right at the sound of gold, lol 😂
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
@GreggWalken-xd3qv
8 ай бұрын
Yep l know that sound
@jerrynorton1080
8 ай бұрын
Hmmm...never thought that missing pitch would be that important...
@Fireinahorn
3 ай бұрын
@@jerrynorton1080 best comment!
@SuperPsalter
2 ай бұрын
i've never thought of it that way! hahaha
Appreciate having Mike as my local LCS. Happy to support a local community business.
@Portlandpreciousmetals
9 ай бұрын
Thank you Jordan!
@wills9732
9 ай бұрын
They are a good store.
@Portlandpreciousmetals
9 ай бұрын
@@wills9732 Thank you!
@swfzpbzdolvr
9 ай бұрын
❤❤❤
@DeeReal559
8 ай бұрын
Mike is awesome
I think I already said this but this is one one of the nicest looking shops I've seen, we all need a LCS just like this in every town!
@Portlandpreciousmetals
9 ай бұрын
Blushing!
@DeeReal559
8 ай бұрын
I absolutely love it in this shop!!!
@unclejoe6811
11 күн бұрын
No XRF or any machines to find the high end fakes that are tungsten cores. And like most coin dealers they never mentioned eagles, Krugerrands are only 22k / 90%
It was fun seeing the toners. I love the down to earth info too. Testing your metals is essential and I doubt everyone does it. Hopefully somebody puts this info to use. Thanks!
@Portlandpreciousmetals
9 ай бұрын
Know your metals, don't just test them. Grow your stack!
Loving these HONEST INFO VIDEOS .. ty ✌️
@swfzpbzdolvr
9 ай бұрын
❤
I think its your great personality that makes me return for other videos! keep up the good work silver dragon!
Absolutely beautiful build. Thanks for sharing it with us.
@swfzpbzdolvr
9 ай бұрын
❤
Buy Britannias or Maple Leafs. Built in security features
@Portlandpreciousmetals
9 ай бұрын
love the security features on the britannia.
@xDooksx
7 ай бұрын
Unfortunately they’re tied to socialist countries.
@tomtharos4440
6 ай бұрын
I’ll pass.
@jukesjointOG
5 ай бұрын
Lol. I bought a fully magnetic “Maple Leaf.”
@KurtOnoIR
4 ай бұрын
what are the security features?
Hugely informative. Thanks!
This is an amazing video. I learnt a lot. However I need the frequency for the 1/10 and 1/4 and 1/2 Krugerrand. Any idea where I can find it?
I learned a lot from this video! Thanks! 👏👏
@Portlandpreciousmetals
9 ай бұрын
Thank you for watching. Give it a thumb up. Grow your stack!
⭐Outstanding video. ⭐ I appreciate all the important information. 👍
Great episode, this is my personal favorite coin shop in the Northwest
@Portlandpreciousmetals
9 ай бұрын
We really appreciate that. Grow your stack!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
@DeeReal559
8 ай бұрын
Likewise
You happen to know the frequencies for Ag Eagles & constitutional silver pieces (or if there is a site listing various issues)? Thanks for sharing some great and useful info as always; got to keep us 🐉 out of trouble by avoiding any "wooden nickels" so to speak. Love his description between if a coin is tarnished or toned, that was classic. 🤣🤣
@Portlandpreciousmetals
9 ай бұрын
I believe 6645hz but don't quote me on that. Grow yer stack!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
@JadeDragon407
8 ай бұрын
@@Portlandpreciousmetals Merci. I got lucky and found some "free" Ag at the bank in the way of some halves another bank customer brought in. I'd be a horrible 🐉 if I wasn't trying to get my paws on the stuff. >>:=p Donations and tributes are always welcome 🤣🤣
Content like this is great! Helps the stackers protect themselves from all the fakes and scammers out there. Good vid!
@Portlandpreciousmetals
9 ай бұрын
Thank you!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
The Gold Eagle has the same tone pitch as my tinnitus.
@amr8457
2 ай бұрын
Lol. Mine too
I started purchasing gold when it was $350ish ! A old timer turned me on it changed my life. I rooled the dice with my savings and haven’t stopped iam 76 now and it’s my turn on a young person…..😅
@GabrielSchulte-nq1se
3 ай бұрын
I'm jealous I can't lie
❤ Real quality frequency! My favorite silver is the Mexican libertads. Don't want to let mine go either. 😂
@franklinmartin8103
5 ай бұрын
That IS an attractive coin
I learn something every time I chat with these guys. Great for the collector. Great for the stacker. A+++
@Portlandpreciousmetals
9 ай бұрын
It is always a good conversation when you stop in Frank.
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
Very good. Thank you!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
Great information for anyone buying from anything than a reputable dealer. Also i think the type two silver and gold eagle design is ridiculous. Really how hard would it be to file off 1 Reed.
Never buy coins on E-Bay. Always buy from a coin dealer.
@GoldBug83
2 ай бұрын
😂 or just know what you're doing. It's not hard to spot a scam once you know what to look for.
Great video..Cheers from Australia..
@swfzpbzdolvr
9 ай бұрын
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hi keep it up 👍🏼🔥🐉
@swfzpbzdolvr
9 ай бұрын
❤
I imagine many of us in the liberty-movement, when we see someone in Portland (OR), we wonder how they can live there. But Harry's is in a suburb of Portland. I'd like to know how you find conditions in general there Dragon.
The black and white photo in his shop is great
@Portlandpreciousmetals
9 ай бұрын
Thanks, you can't tell but I was the hand model for that one. Great photographer Mercy Mcnab. Check her out.
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
Is a 100 OZ silver engelhardt w/serial collectable?
Hey SD....great video. Great video! While I think the world of Harry and the Gang (new name for a music group), I think it helps the community by you going out to ther LCDs. It helps newbies know what to expect when they go to LCDs. Mike seems like a good dude and I'd deff shop his store if I was there. THANKS.
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
Where do you get that tool to hold the coin? Is there a link? What's the name of it?
Thank you!
What is the HZ tone for Austrian Philharmonic 1oz ?
Thats true... I have had silver tone because of Temperature Fluctuations cold.. warm ... cold for months then warm for months then again
@Portlandpreciousmetals
9 ай бұрын
how can you tell that it didn't just tone from being exposed to the air for months?
@swfzpbzdolvr
9 ай бұрын
❤
Should not even have to ping it...play the tone and the coin should 'sympathy' vibrate...please correct me if I got any part of that wrong..always try to save room for more knowledge. Love🎉
I'm really not here for gold. I'm in love with Shop reviews and videos
@swfzpbzdolvr
9 ай бұрын
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Listening to this video with headphones 🙉🤯
In logic eagle verses maple the refiners prefer maple as do I.
Even if you have bad hearing, you could probably record it with your phone and check the frequency in the recording using some kind of app.
16 minutes, what is a "raah coin"? Are they from the Caribbean or something?
The toning could keep getting darker until it gets black? I doubt it is long term permanent.
great video. just use the apps on your phone. couldnt stand all the ringing though
Fascinating
Can you put a toned coin into a capsule to stop the coin continue to tone, other wise the coin changes over time. I don't think the toning makes the coin art, the coin design already makes it art. The toning makes the coin more unique, one of a kind. If we can stop the toning at a point we think is coolest with a capsule that would be cool.
@Portlandpreciousmetals
9 ай бұрын
Yes an airtight capsule would prevent further toning. Grow your stack!
@swfzpbzdolvr
9 ай бұрын
❤❤❤
@PauIieWalnuts
3 ай бұрын
People do it artificially all the time, store it with paper or something with sulfur compounds.. difficult to do in a convincing manner though. Not a big fan of tones.
Thank you for that
Im lucky to be able to stack in this recession while the prices are so low. A lot of people just dont have the extra money to put into precious metals.
What do fake ones sound like?
I used to buy at the US Mint store at the train station downtown DC when I lived in the area. Pretty sure I never needed to test those.
Why does the 1 oz krugerrand sound different from the 1 oz eagle? When they started minting the eagles, they "copied" the krugerrand. Same alloy, same size, same thicknes...
@Portlandpreciousmetals
3 ай бұрын
they are not the same alloy nor are they the same dimensions. Krugs have more copper and Eagles more silver. Grow your stack!
@nilov71
3 ай бұрын
@@Portlandpreciousmetals Really? I thought they were identical... Stack is growing😊
Shops used to pay gold spot. In Utah. Now they buy avg 40 under and sell avg 80 over as premium on it
@PauIieWalnuts
3 ай бұрын
Hard to blame them.. fluctuation is frequent.. and if they sell it a day late, they lose. I do, however, take exception with LCS that pay spot or a little less on a collectible, since spot fluctuation has less effect.
Being old enough to remember when silver was in circulation I don't need anything to tell if a coin is real silver. When I hear a silver coin "ring" I KNOW what it is due to the many decades I have heard them. I am 70 this year so silver has been in my life since the 1950's.
@franklinmartin8103
5 ай бұрын
Yes, I am the same age. I grew up in Carson City NV. Real Silver Dollars were still on most gaming tables up to 1963. In 64 most casinos went to tokens. Tokens were available in all casinos as an advertising souvenir until the change over. Then tokens became the replacement for Silver Dollars. Many Casinos contracted with the Franklin Mint to coin their tokens, some had 10% Silver content. Those were the days. Yes, there were some casinos that had copper tokens, wooden chips and other stuff, like plastic rounds. But the metal, especially the ones with a little Silver in them were the best.
Hi all, my son and I are still very new to stacking. Can anyone tell me what the silver coins with gold animals at time stamp 1:11 are? We’d love to know what the series is called so we can buy some. Our attempts at googling them have came up empty.
@paulhart7739
6 ай бұрын
They could be commemorative Maple Leafs
@Portlandpreciousmetals
6 ай бұрын
Besides the 1 oz gilded silver Koala, The rest are gilded Australian lunar series silver coins!
@davesmith1250
6 ай бұрын
Thank you all so much
@KentSergent-xe7kx
4 ай бұрын
In Australia, I had to buy some of those ‘Lunar’, dollars, as gifts, and for myself, before I came home to the US. It was the monkey-year, that year.... I thought they were beautiful, too! Thank you all.
Not sure if this was in the other comments...but what's being described from 6:39 (going to one country to buy and sell at another for higher): the term for that is "arbitrage." That's actually a thing in finance or even in real life. You make $100k in California and take that same $100k to Missouri (for example) where cost of living is cheaper and that $100k goes farther. I'm not sure if arbitraging is a thing in precious metals (I doubt it.) If it were, it would need to make sense financially.
@josephjames259
4 ай бұрын
It is. Shanghai prices on gold and silver are higher than New York because of market manipulation in the West. There are people doing the arbitrage play on precious metals.
my hearing is so bad that The pings are out of my range,can't even detect the sound.
@Portlandpreciousmetals
9 ай бұрын
Just buy your gold from Portland precious Metals. We won't sell you anything fake!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.❤
Can you tell us why you aren't doing goldback videos anymore?
Do you have any 1893 or 1895 Morgan's for not gold prices
@Portlandpreciousmetals
9 ай бұрын
these dates are usually worth more than an oz of gold.
@swfzpbzdolvr
9 ай бұрын
❤
@davidsenia1252
9 ай бұрын
@@swfzpbzdolvr do you have these
@Portlandpreciousmetals
9 ай бұрын
@@davidsenia1252 Not currently. Ill message you if we get either or both
Maple Leaf's don't "ting" because they're 24 carat (same for gold Buffalo)?
@af2w131f
Ай бұрын
If it don’t ting, I don’t want it.
They have a coin tester app now that does the same thing
@RogerThat787
7 ай бұрын
Art
Is pre 33 gold good to have
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
If somebody buys a fake coin without knowing it's fake and then tries to sell it, that doesn't mean that person is a criminal or a thief. My mother bought a gold coin years ago at a pawn shop and I just recently tried to sell it and it did not pass the sigma metalytics test. So now I need to find an XRF machine to find out the real contents of this coin.
Seems to me that the pitch of a coin should always be listed alongside its dimension and weight.
Spent the money I had saved for my first ounce to instead buy a Sigma Pro, peace of mind is worth it.
@swfzpbzdolvr
9 ай бұрын
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Gold is cheaper in other countries but the import taxes and fees to take it out of the country make the cost outrageous the United States has by far the most expensive gold prices. Also gold in raw is crazy cheap in foreign countries
@swfzpbzdolvr
9 ай бұрын
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Thats art, some like it some dont.
I bought Engelhard silver bars 1982 - 1984.
They had some nice prices the last time I went there.
In the last 20 years the spot silver price has been controlled and frozen. COMEX is the culprit. 20 years I have lost buying silver,
Thanks Silver Dragons...
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
Great video brother thanks for the info have a great weekend
knowing the tone for gold buffalo and maple leaf would be nice
DUDE those Libertads!!!! I want
@Portlandpreciousmetals
9 ай бұрын
That's what I said when I first saw them! Grow your stack!
@syberphish
9 ай бұрын
if you *really* wanted them... you could just call the shop...
@fernandovalencia3542
9 ай бұрын
Premium too high for Mexican silver Libertard...
Nice
Interesting
Some really good painters, tape, and Tupperware with a few hard-boiled eggs smashed up, would do the exact exact same thing to that Morgan Dollar
@Portlandpreciousmetals
9 ай бұрын
That would be considered artificial toning. I have tried that and they just turned dark. Ruined a nice Morgan. Its a waste of food too.
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
@brazosTX
9 ай бұрын
@@Portlandpreciousmetals well, it’s not to do on very high-grade Morgan dollars but it is a fun project to do with your son to get them into coin collecting. If you find a cull Morgan silver dollar and it does not work well on Peace dollars. Now the cull Morgan Dollar needs to be cleaned well with cream of tartar gently and a little bit of water, and then it needs to be etched with your preferred method of etching a metal. This could be anywhere from hydrochloric acid for a second to rubbing alcohol. Make sure you don’t touch with your fingers after it has dried. The older, the eggs, the better. In the sealed Tupperware set up some kind of a stand for the Coin. An old fork turned upside down works great, because the dollar fits right between the tines of the fork. On the other side of the Tupperware, smash the egg up after it’s hard, boiled and have it face whichever side you’re wanting to get the tone on the most. do not leave it in there very long at all. It will start reacting immediately. If it’s longer than 10 minutes it probably will be black or brown but one to two minutes you’ll get beautiful blue and some rainbow colors. Some of the Morgans do this wonderfully some do not it all depends on the Morgan to begin with. You do not want to do this. If it has the original striking layer on it this is just a fun project for Morgan’s that have been in circulation and are bought at melt value. it is artificial however, many of these are on eBay and they pass every day as real coins. I hate that people fall for it. I don’t sell on eBay but I see it all the time. It’s just for fun.
@brazosTX
9 ай бұрын
@@Portlandpreciousmetals also if it gets ruined, just use the cream of tartar gently and it’ll take it right back off. This was not recommended for like say an 1884S in mint state 64. This is meant for Morgan’s in the realm of details to VF 20. A 1896 Morgan, you can get for a good price that’s been circulated will work perfect
@brazosTX
9 ай бұрын
@@swfzpbzdolvr oh, really what do you have?
I keep all my non-numismatic coins in manilla envelopes, on top of my hot water heater... I've got some rounds that are rainbow toned. They're actually even more beautiful now.
@Portlandpreciousmetals
9 ай бұрын
Some people would call that artificial toning.
@swfzpbzdolvr
9 ай бұрын
❤
@jonathancrocker366
9 ай бұрын
@@Portlandpreciousmetals and some people would be wrong. What's the difference between that and keeping them in albums in the attic?
@Portlandpreciousmetals
9 ай бұрын
@@jonathancrocker366 Thats not my opinion, but there are toner "purists" out there that have a very strict definition of what is and what is not natural. It's best to walk on eggshells as not to offend any one. One of my most beutiful toners was a 2 oz Privateer that I left on a shelf in my kitchen for about 6 years. It has amazing color but I have been told that this is artificial toning so what is and what isn't probably depends on each individual the definition they subscribe to. Ive been told that if you put them in the album and in the attic with the intention of them toning then it is artificial. But if Grandma just has them in the attic and they get toned then its natural.
@Baddie_you.a.trackstar
8 ай бұрын
@@Portlandpreciousmetalsbut what if grandma were an evil Nazi!!!! Hmmm
Can you send me a real one so i can compare??
@Portlandpreciousmetals
9 ай бұрын
I can send as many as you want once your check clears.
@swfzpbzdolvr
9 ай бұрын
❤
What's the pitch of an ASE?
@Portlandpreciousmetals
9 ай бұрын
I believe it is 6645 but don't quote me on that. Grow your stack!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
Toning does nothing for coin value in my book. I avoid buying and selling toned coins.Copper spots and mint mistakes or error coins also not anything I will dabble in.
@Portlandpreciousmetals
9 ай бұрын
True story!
@swfzpbzdolvr
9 ай бұрын
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very smart
If you watch some older films/TV shows, you will notice that when people received a silver dollar, or something similar, they would flip it up in the air with a nail strike just like this gentleman did. It was a simple way for everyone to be able to test whether or not the change they received was authentic.
Ampex? Cmon guys… Apmex. 😂😂😂
@Portlandpreciousmetals
9 ай бұрын
Ampex makes guitar amps i believe.
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you
What about gold philharmonics?
@1000millionbillion
9 ай бұрын
The gold Phillies are even nicer than the silver ones.
@Portlandpreciousmetals
9 ай бұрын
@@1000millionbillion Agreed!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you
@swfzpbzdolvr
9 ай бұрын
❤
Englehard gold is super rare so the premiums are ridiculous
could you answer my question sir if someone wrote a comment that you really liked and promised to send them something as a thank you would you honour your promise ive been let down big time by a KZread stacker
@swfzpbzdolvr
9 ай бұрын
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Possibly useless trivia: 1 oz gold eagle rings the same as a 1/2 oz silver aztec. (They are about the same diameter, and thickness)
You avoid fake gold by buying from reputable dealers, eBay gets such a bad rap when it comes to buying gold when all the major dealers are on there. It's not just individuals selling Eagles or any other coin, you have JM bullion, SD bullion, Liberty coin which is my favorite, Scottsdale mint, Apmex, another solid Company is BGASC. That's how you avoid being scammed!
I prefer junk silver... I believe silver coinage will go back into circulation (toning don't mean squat)
AMPEX is electronics corp. APMEX is bullion dealer
@syberphish
9 ай бұрын
No one is arguing with you, but they aren't doing free advertising for them. Try to keep up, it doesn't need to be explained to the rest of us.
@Portlandpreciousmetals
9 ай бұрын
@@syberphish She actually called it Ampex!
I have two 1994 ASE's that are rainbow toned.
@Portlandpreciousmetals
9 ай бұрын
Those are a hott commodity right now. They can fetch really high premiums. Thanks for watching. Grow your stack!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
Maine or Oregon?
@Portlandpreciousmetals
9 ай бұрын
Oregon
@swfzpbzdolvr
9 ай бұрын
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What about the gold buffalo coins?
@stevendebettencourt7651
9 ай бұрын
He mentioned that pure gold coins tend not to ring so much. Plus, I’m not sure you’d want to hit 24K gold, you may leave a dent
@Portlandpreciousmetals
9 ай бұрын
The buffalo is a strange one because for some reason the coins are not the same thickness around the circumfrence of the coin. If you look at the rim and rotate it you will see that it is most always thicker on one side. I am sure this affects the Pitch and would not be a consistent method of testing. ALL authentic 1 oz gold eagles will produce a pitch of 4498hz. Grow your stack!
@swfzpbzdolvr
9 ай бұрын
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whats his name on whatnot, I love whatnot! Obsessed with it
@Portlandpreciousmetals
8 ай бұрын
I don't think I can say it in the comments but I say it at the end of the video, same as business name. Grow your stack!
New Peace dollars are 99.9% silver but only 0.859 troy oz of silver
@Portlandpreciousmetals
9 ай бұрын
Yes, They likely have a different pitch. Don't ping one of those Grow your stack!
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
I wonder why he has a sticker covering his camera on his laptop 😂
@Portlandpreciousmetals
9 ай бұрын
You don't?
@77714anthony
9 ай бұрын
Hackers
i own a 1794 silver dollar Expert offered me $76,000, cash i told him that was low offer I think its worth alot more for a CC ms 64 I told him i wont go lower then $685,000 Greetings from Irvine Ca🤑
Tone can easily done by heat
tx
I'm sure you know this is where the phrase "sound money" came from.
I was just using my ear, but a computer is smart… but not necessary if you have a good ear😎
@swfzpbzdolvr
9 ай бұрын
Thanks for that feedback! I have something I'd love to share with you.
I use an earth magnet real gold and silver wont stick
they did make that many ounces of gold.. I've seen numbers as low as 29000
@swfzpbzdolvr
9 ай бұрын
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Why isn’t the Secret Service and us treasury thwarting 1:20 the counterfeiters ?
@Portlandpreciousmetals
9 ай бұрын
Secret service is only concerned with counterfeit US currency. They don't care about "replica" Swiss gold bars.
@workingrich8464
9 ай бұрын
@@Portlandpreciousmetals but the title is “avoid fake gold eagles.” I got burned on fake ASE WITH A TOO GOOD TO BE TRUE DEAL.