This test identifies both genuine and counterfeit bullion through a small chemical reaction. The coins they are offering are listed as follows: 2006-2020 American 1-Ounce Eagle Brilliant Uncirculated Counterfeiter American Silver Eagles, especially those from China, are not crafted with attention to detail and time in mind. $19.99 How to Avoid Fake Silver. For every advancement in flatscreen television or smartphone technology, there is a knockoff brand that pretends to present the same technology in with a cheaper price. A big one to watch is reeding on the edge. The 2020 Silver and Gold American Eagles resumed production at the West Point Mint on April 21st. I must tell you I was tempted to buy silver at half price for a hot second. I will have another post up by Friday with the results of my investigation. It makes no sense. Discussion in 'Coin Chat' started by carly, Aug 22, 2019. Contacting Pitney-Bowes is nearly impossible. You should always buy from a reputable dealer and a certified refiner. A big one to watch is reeding on the edge. The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. Font issues: There are many font issues you’ll find highlighted by SilverCoins.com, but the date mark is one quick place to check. Fake silver Eagles. He said he purchased a counterfeit 2015-W silver Eagle at the Sarasota, Fla., show that was … Fake U.S. silver American Eagles are becoming more and more common lately, with many of the counterfeits originating in China. The turn of the century brought a change in the production of American Silver Eagle coins. Page 2 of 2 < Prev 1 2. One small droplet of bleach will tell you immediately if you have a real or fake product. The Chinese website says they are brass with silver plating. My first impression was that there are almost no rims on the coin. Issued in one ounce, half-ounce, quarter-ounce and tenth-ounce sizes, gold eagles (or more accurately American Eagle Gold Coins) are 22 karat (.916 fine) coins struck at the West Point Mint and forged from gold … Back when I was vest-pocket dealing, I bought several fake US $20 double eagles. At first glance, they look fine, and then a closer look revealed problems. Provident offers an assortment of Silver Eagles going back many years. I posted a tweet on your tweet, but I’d like you to know Newgistics/Pitney Bowes are likely compliant with this scam. Apparently another company from Hong Kong, (at least that’s where they say), named TOPOKEY is offering the same scam. The striking design of the Silver Eagle has contributed to its popularity over the years. The American Eagle 1-ounce proof silver bullion coin is a … The American Silver Eagle originated in 1986, some 80 years after those Chinese fake Silver Eagles. Proof coins, because they are considered to be more collectible, carry significantly higher premiums than uncirculated silver eagles. The coins are in a slab-like holder similar to the Coin World holders but without the Coin World logo. That must be where the fakes are made. What kind of silver are these coins made from? It was easy to see that they were fake when using my 16X lens. The Best Fake Silver Eagles I’ve Ever Seen. Buy from a reputable source, or work with a very-knowledgeable person who'd been "in the business" for many years. Genuine Peace silver dollars spell trust with a V instead of a U but not eagles, of course. On the obverse, Lady Liberty steps out from a sunrise carrying branches of laurel and oak. The American Eagle Silver Bullion coin program is also warning investors and coin collectors of the rampant piracy of the Silver Eagle Coins. For example, there are counterfeit Silver Eagles from China that bear date marks prior to the actual coin’s introduction in 1986. Issued in one ounce, half-ounce, quarter-ounce and tenth-ounce sizes, gold eagles (or more accurately American Eagle Gold Coins) are 22 karat (.916 fine) coins struck at the West Point Mint and forged from gold … You should always buy from a reputable dealer and a certified refiner. Production ranged between 5 - 7 million per year for most of the first decade. In reality, you get the same thing every time, an inferior product for a cheaper price. The die on the right is the reverse of a British silver crown dated 1899. Back when I was vest-pocket dealing, I bought several fake US $20 double eagles. The United States Mint always strikes the American Silver Eagle coin, bullion, proof, and uncirculated versions, with a reeded edge. All sterling made in the United States since the 1850s has a sterling mark. Earlier this week, another dealer gave me one of these 2011 fake silver eagles. Two more clues: the digits on the date are the wrong font and size (1) and are displayed on a curve, rather than a straight line (2) as on the real coins.. My assessment was done quickly based on walking from the mailbox to my desk. But this can be disadvantageous as well with the proliferation of fake silver items. Your investment coin collecting dreams can all come true when you find affordable. Silver Eagle proofs are a bit different. The American Silver Eagle is the official silver bullion coin of the United States. Perhaps one of your Senators or your Congressperson can direct you to a government agency that can try to help or should know about this. However, they are not as prevelant as one might imagine. You need look no further than the bottom of our homepage to see that we’re an authorized dealer. How to Avoid Fake Silver. If you’d like to talk more you can contact me at . An American Silver Eagle is supposed to weigh just slightly more than one troy ounce because it is only .999 silver. However, the 2016 American Silver Eagle 30th Anniversary coins will not have the reeded edge on the proof and uncirculated versions. It was first released by the United States Mint on November 24, 1986. The weight of a coin is … As with all elemental silver, it is nearly infinitely ductile and reworkable. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. The current spot price of silver is $17.84. Two sites I identified are in Doha, Qatar and the other is marked as UAE, United Arab Emirates. The American Silver Eagle is no exception to this fundamental of economics. The downside to this is, of course, that you’ll lose any numismatic value in that coin if it is real and you tarnish the surface with bleach. 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