Went to a private sale sunday to purchase 6 morgans. 5 out of 6 ended up being fake and explained why i knew they were fake right away. weighed them in front of the guy, pinged them, and 3 were magnetic. Only purchased the one real one. The reason I added that anecdote, i realize that counterfeiters will do and make ANYTHING that is worth money, and a part of me has fun testing the product, but i really wish it wasn't necessary in every private purchase. I hate that we live in a world where everyone is trying to "get one over" on their fellow man. Oh, in case you were curious, the person i purchased the coin from was an old crippled man that was merely trying to sell his treasures for cash because he was pretty hard up for cash. Nearly brought him to tears when i showed him his coins were fake. Really big punch to the gut, ya know. Anyways, it's the nature of the beast i spose. Take care.

@Spegtacular

2 жыл бұрын

Yikes that’s a rough story.

@unlockeduk

2 жыл бұрын

poor guy its gotta be rough for him mang

I almost got burned on 3 ounces of 999.9 fine gold with asssy cards from International Diamond Centers of Florida at Altamonte Springs. Luckily I had my receipt after gold was tested and they reluctantly agreed to replace the gold. Watch out buying gold and silver from anyone, even the reputable gold bullion dealers. I’ll never shop at IDC again, crooks.

I saw a video years ago around 2009 when that gold bar in NY was on the news- it showed a Chinese counterfeit junk silver factory. They tumbled and acid washed coins to give them an aged look.

@ronaldsiegrist156

2 жыл бұрын

yes, they also add some sort of grungy sticky goo coating to them to enhance the aged look and feel of dirty circulated junk silver. i received 26 morgan/peace dollars under melt value off of facebook ad. they looked amazingly real, but, underweight, a bit thicker and tested at about a 6% silver plating. i used my etching wand and wrote "fake" on all of the obverses. i got my credit card refunded and the thieves from china via the netherlands did not want to pay the return shipping back for them. my grandkids play with them now.

It's crazy that some of the lower price coins would be faked, or counterfeited. Helps to know what to look at. Good info Spegtacular

It's depressing how how much of this stuff is out there. The more of this I see the more I dislike China. Thanks for sharing!

@Spegtacular

2 жыл бұрын

Chy Na

@DaPibDude

2 жыл бұрын

Dude the Chinese are communist and are like Soviet Union. They are raised and taught to hate America. They see us as capitalist pigs. They absolutely hate us. The only thing stopping us from war or conflict is trade because we rely on each other.

@unlockeduk

2 жыл бұрын

its not just china my man but alot is to be fair

I've never found, bought or seen a fake but then again I've never asked at my lcs if thay have any. Cool just to be able to show one at my coin club.

@Spegtacular

2 жыл бұрын

Better yet, put a video or two of mine on the projector and show them all of the fakes I’ve found and removed from our hobby :) I’ll allow you to use the video for that purpose.

I've had a suspiciously thin & clean 1907 barber half dollar in my stack for quite a while now. After passing the ping test and seeing that the mass was 11.4g, I think it was safe to conclude that it's most likely authentic but vigorously cleaned by someone. Very helpful. Thanks

I immediately knew which two because I unsuspectingly bought a lead counterfeit from a local pawn shop a few weeks ago. It's 2 grams lighter and about 1mm thicker. I bought it because it was the ugliest one they had. 🤦‍♀️

@David_Quinn_Photography

2 жыл бұрын

did the shop accept their mistake or did not say anything and will you start weighing all coins?

@Spegtacular

2 жыл бұрын

Hmm maybe they are lead but you’d think they would be far heavier as lead is pretty dense.

@showmeyourkitties

2 жыл бұрын

@@Spegtacular my LCS tested mine and mine is lead.

@showmeyourkitties

2 жыл бұрын

@@David_Quinn_Photography I never approached them about it. I had no proof that I'd bought it. I decided to keep it as a reminder to always be suspect of odd looking coins.

@drip369

2 жыл бұрын

Gold is heavier than lead, right? Yeah Natalie I'd put them in the dummy safe with a lick-me sign on it (so they rue their crime)

Very helpful, thank you.

I may stop stacking coins because of this video. Very informative video. I hope the good coin dealers destroy all fake coins they find.

@aspensulphate

2 жыл бұрын

There are fake bars too.

Tried the electric slide, couldn't keep up 😁 repackage the pinger and call it the SpegOmeter! Thanks for sharing

@Spegtacular

2 жыл бұрын

You gotta rock down to electric avenue.. and then you’ll take it higher

Great information to know. Thank you for the education my friend 🙏🏻

@Spegtacular

2 жыл бұрын

Always

Sometimes Ben Franklins from the 60's have the bars outside the brackets. If you set it to pre 45 instead of the year 60 the bar shows up in the middle correctly. The creator of the Precious Metal Verifier mentioned that the silver content can be slightly off if the bar show just outside the brackets. Did this with a 5 oz. Englehard and also took it to my coin shop and on their equipment it was fine.

Thank you Spegtacular ❤

Thanks for the info!

Very helpful. Thanks.

Thanks for uploading the video. I'll take a look.

Nice job man. Good video!

Thanks for the Info.

Sounds like the Secret Service isn't doing their job. Maybe they need some layoffs.

Hiiiii Speggy! Those darn counterfeit walkers are popular for those jerks making them. I have something you will enjoy cutting up, it will be interesting for you to video! Great video to find out those fakes!

@Spegtacular

2 жыл бұрын

Send! I’d love to see what you’ve got :)

Funny that I called which one were fake before you told us. :) Proud of myself.

My first test with constitutional silver coins is to just drop them on the tabletop (from a half inch, or so.) You should hear the distinctive "silver ring". I have an advantage in that I'm old, and was around when this money was in circulation. You never forget that sound of silver hitting the store counter or bar top. Maybe not the best test for UC or proof coins, but it's quick, and a good first indicator.

I love my Pocket Pinger! He also has some nice examples of fakes you can buy for reference.

Something the size of half dollars and dollars you can just put on your palm or fingertip and wave a rare earth magnet closely over it and feel/see it wiggling without any physical contact. Silver is diamagnetic instead of ferromagnetic, which are science words meaning it has to travel through the magnetic field for something to happen. If you don't want the abrasion of sliding a coin down the magnet, just feel it wiggle. Less silver than in a half dollar will start to get difficult to detect the affects though.

Awesome info. Thanks. Why would someone fake a clad quarter? I guess if they make enough of them it would be profitable.

How common are these counterfeit half dollars and quarters? I have no idea if some are in my collection or not and now I am concerned

Always good to verify 👍 🔥🦈🌊

Good video again You might want to mention that circulated Coins will not way their full mintage wait a good rule of thumb is 90% anything over 11.5 g if it’s well-worn will be within range Oops sorry I wrote this as I was watching and now I see you mention the circulation wear

Good morning speg

Hey hey got them right just by looking. But I also do ping tests in the store and try to remember my magnet. It doesn't give the whole view but it helps, and any LCS worth their salt will put their product on their Sigma machines to show they're legit. It's always good to to have cuation.

I often test with the specific gravity test, this is the test where water is used, it's very accurate

@Spegtacular

2 жыл бұрын

And it’s very time consuming. Other tests are just as good and take seconds to test and set up.

@doncozzi122

2 жыл бұрын

@@Spegtacular I do all of them actually, it's fun and a learning experience as well

@markhayes789

2 жыл бұрын

I do it too. Sometimes I'll get some weird commemorative coin that says it's.999 fine if it's cheap. Wouldn't do it if I bought a $100 fv bag, but it's great for the occasional questionable pieces.

thanks for the info. we all must be careful.

Ah ha I picked them right out, the color was off to me…

@Spegtacular

2 жыл бұрын

Boom you did it. Again though, I’ve seen dark legit ones before too.

Got the first one right but I just thought that second one was dirty. I thought it was the real shiny one close to it

Sigma tested enough said! Thank's speg

Thanks for the tips speg

@Spegtacular

2 жыл бұрын

Just the tips here Scott.

@scottmarston3920

2 жыл бұрын

@@Spegtacular lol, your tip game is on point sir

Damn now I have to check all my half dollars.

can you use a garret 250 ace to see if silver is real?

Very interesting 👍

I usually run a magnet over and just go off feel and sight, i never came across any fakes yet, that i know of. I should probably take a little more precaution, When i first started stacking i was testing everything i bought..

@Spegtacular

2 жыл бұрын

May not be enough these days and remember, a silver colored or coated copper round would have the very similar effects towards a magnet.

They look legit at first blush. But, up close, those coins are an odd color.

Mines are old but they seem to be silver I have about 3

How are these counterfeit coins made? Where do they come from?

I've never gotten a fake coin from online retailers but I did get a 1966 Kennedy half dollar in a roll of 64s. 😒

Just bought one... if you are heading to a coin show it might be nice to have... not sure the app will work in room with all the background noise? Any experience with that?

@Spegtacular

2 жыл бұрын

It always just depends on what kind of signal you get where you’re going. I went to the big show in Orlando and had great signal but your mileage may vary.

@speg does the bank americard classify eBay and usmint purchases as 3% cash back online purchases?

@Spegtacular

2 жыл бұрын

Yes if you choose your 3% area to be “online purchases”

@machine260292

2 жыл бұрын

@@Spegtacular thanks!

Oh dear

Quick question (I hope you might know)... Does the Sigma Metallics machine test Canadian coins as well?

@teamSHTF

2 жыл бұрын

Sigma tests the metal, it doesn't discriminate against nations. At least not that I'm aware 😁

@Spegtacular

2 жыл бұрын

Well good question. So some yes. Are you asking about 80% Canadian? Also in response to STacking Hoarding, the sigma does discriminate gold and silver sometimes as certain counties have special settings.. American gold eagles and gold Kruggerands for example and Silver Britannias. But yes, it’s because the metals are alloyed differently

@azstacker1709

2 жыл бұрын

Hey thanks for asking this i was actully curious about this myself.

@danielhicks

2 жыл бұрын

I guess another question is"is there a publically available database of the coins this tester has?"

A goden LIBRETAD?! Im so hating on you right now. Great video

Thank You for helping & enlightening the community w/this great video, It's always a pleasure to help Ed from Ed's elegant coins (E E C)

they fake everything, thanks for the vid. I like the walkers, good to know.

thumbs up algorithm food

@Spegtacular

2 жыл бұрын

Always appreciated

I guess a way of getting rid of fakes is to sneak a few in a batch of real ones.

@Spegtacular

2 жыл бұрын

Perfect way of doing it

What issues are people having with the sigma precious metal verifier? I use mine regularly and am not aware of any issues.

@jimboha

2 жыл бұрын

Yes, please point to some information on the issue(s) - I want to get one but I'm not spending $1,000 if it's not reliable.

We are finding a lot of "old" mexican fake coins lately.... they look fake from a mile away. so be carefull buying mexican clasic coinage

@Spegtacular

2 жыл бұрын

Any old Lib fakes?

@markhayes789

2 жыл бұрын

8 reales?

Is it normal for an AU or UNC Walker to be a little over 12.50 like 12.53 or something? Some of my coins have been like that, I assumed they were still genuine, no?

@Spegtacular

2 жыл бұрын

that's such a small amount over that it can absolutely be normal.

Question? Have people seen fakes with newer coins? Such as 2018 or newer ASEs? Thanks.

@jamieprestenbach242

Жыл бұрын

Yes I received 2022 fake. Of ebay for 29.99 if to good to be true. Then it is! Got refunded tho

Hi! I have one 1918-S walking Liberty half dollar. And its Weight 11,54 gram, is it fake? Thank you for your answer.

@Spegtacular

Жыл бұрын

You can’t go by weight alone unless it’s significant

@Juuustsmile

Жыл бұрын

@@Spegtacular thank you for the answer. How exactly do you mean?

Wow! 😲

Limited Mintage Club!

got them both instantly lol and im dutch not even americain :P

lol 3-4 people bro you’re younger than I would have thought don’t take it the wrong way

@Spegtacular

2 жыл бұрын

Almost 40 man.. getting old

I know Sigma charges what the market will bear, but the machine is far too expensive for the casual coin collector. You pretty much must be a dealer to justify spending so much. If you collect expensive coins like CC Morgans then a Sigma might not do any good anyway: the counterfeiter would use 90% silver to make their fake.

Thanks for sharing this information with me Colorado Silverback777 Stay Healthy.

I want to wake up one morning and find out that my portfolio is $1,000,000 . I know it’s possible

@Spegtacular

2 жыл бұрын

Awesome! So luckily, anything is possible… unluckily for you, your other dozen or so spam comments were removed by me because you’re trying to sell people on lies.. but don’t worry, because now I review each and every comment before they go out.. so while I’ll keep your original comments for algorithm fuel/food (thank you very much) the spam comments and the scams you’re running will never be seen by my viewers… poor you :)

First

I received a fake yesterday. It was like 4 grams light and didn't have any ridges on the side. It's like they didn't even try to make it look real