what to do with counterfeit coins

Determine the Weight of the Coin. Looking through a loupe at the reverse, under some heavy toning, I saw “copy”. Evidently that’s not true I have bought several coins that were fake and I am a collector not a expert!! The weight is usually the first indicator for me. I lost my job as a result of cuts due to the pandemic. Surrender the note or coin only to a properly identified police officer or a U.S. Secret Service special agent. This handy device uses the known resistivity (also called specific electrical resistance) of precious metals of varying purities to test if a coin is of genuine metallic composition. Does anyone know if the electronic tester put out by Sigma Metalytics works well ? Before it arrived he gave me notice it was fake, apologized and refunded me. Nor will trolls. Required fields are marked *. They came with a display case. 0 shares. But as fakes become more sophisticated, the buyers suffer, as it requires expert analysis and records of existing fakes (which NGC, PCGS, ANACS and others have in their offices, as counterfeits are screened via technology to make an exact replica of the authentic source coin. Today again I was told by a coin broker that the coin was a counterfeit and not real gold. That can occur with the US Hobby Protection Act, which states: Imitation numismatic item means an item which purports to be, but in fact is not, an original numismatic item or which is a reproduction, copy, or counterfeit of an original numismatic item. The most common way of forging these coins is to change the area that should be a different color by painting it; however, the paint is often easy to scratch off and the coins soon look very crude once worn. **If they cannot keep them from the submitters why not send them to the Secret Service or whoever these days gives a crap about this. But I know precisely what I am talking about, and that is, a class action or, on an individual level, small claims court, citing the Hobby Protection Act and the US Federal Code. Observe the passer's description, as well as that of any companions, and the license plate numbers of any vehicles used. Unfortunately the coin will then be confiscated, and you won’t receive a genuine £2 coin in return. Also purchase a digital caliper to measure the diameter of a coin accurately. Our advice if you buy a counterfeit coin, or even if you learn about it months or years later, is to contact the seller and politely but firmly inform him or her about consequences for sale of fake goods. Now let us address the newest threat to numismatics: Chinese counterfeits. Big mistake on my part. I’d sold my previous Morgans to him. And that even if it were allowed that I would not be entitled to the return of all my money because shipping to and from, taxes they collected, auction premiums, and get this….a restocking fee were all my burden to bare! What to do if you receive a suspected counterfeit If you are in possession of suspected counterfeit banknotes, counterfeit coins or counterfeit prescribed securities you should contact your local police or the Australian Federal Police in your state/territory. Being a business rather than a hobbyist has nothing to do with it. Red flags should have slapped me in the face whenever I realized the packaging said “MADE IN CHINA”. In many cases, the counterfeits have a smaller diameter. This coin should sale for $500 easily, and I won it for half that, now I find out its not even worth a penny. With an estimated 3.7 billion genuine bank notes currently in circulation in the UK, counterfeiting is viewed as big business by organised crime syndicates. The security measures employed by the bitbills' manufacturer have nothing to do … He could tell by just the weight. For modern coins in general circulation, the most common method of protection from forgeries is the use of bi-metallic coins made of two metals of different color, which are difficult to counterfeit at low cost. Tsk - criminal offence to use counterfeit coins, as it says on the BBC site. How to Detect Counterfeit Coins. And, of course, a good magnifier to look for suspicious pocking that usually occurs in the metal of inferior fakes. What can you recommend to do or not do? Now, I can detect fake coins and fake coin holders, but I don’t want it to be a $45,000 lesson though. Surrender the note or coin ONLY to a properly identified police officer or a Secret Service Special Agent, or mail it to your nearest U.S. Secret Service field office. Many Proxibid auctioneers (as well as eBay mega-sellers and auction houses) are members of the National Auctioneers Association. They spend 20 million a year trying to prevent it? I had her show me how she determined it was a fake and when she put it next to the real one I could see the difference. My heart sunk. It is appreciated. Your email address will not be published. 1914 Indian $2.50. An inexpensive way to produce counterfeit coins is to create a mold of the genuine coin and use it to cast a counterfeit coin. Note that this doesn't apply to physical objects that represent bitcoins, such as bitbills. The world is full of fakes waiting for someone to buy and good luck getting your money back unless you lose a huge sum. I’d purchased the 29th one back in June 2019. Your email address will not be published. Vulgar and/or abusive comments will not be tolerated. As far as counterfiet coins,I bought a one dollar gold I found out was counterfiet,notified ebay and they stated because I submitted the coin for grading and found out After the ebay alotted time frame(you cannot submit a coin and get it back before that time frame by the way unless you rush it) Ebay told me I could NOT go after the seller. Nevertheless, I contacted the company via email and they said to send the coin back. Life members of ANA and licensed dealers to 5-10 years in Leavenworth I bet it would slow it down!! The details do not print well and sometimes even, a part of the drawing disappears during the detachment of the coin from its mold. (We have done that several times, and each time with Proxibid sellers, and one eBay seller, we got refunds.). You’re correct about the Secret Service. What! **Maybe that is the problem. The European Union, in particular, does not allow a hosting defense (such as online organizations enjoy when viewers post libelous comments) and carefully scrutinizes a portal’s “take down” terms. I utilize pictures from hertage auction and stacksbowers auction sites to look for tiny details. Ebay does not care about fake coins. To whom, it doesn't seem to say. Measure the Diameter of the Coin. Surrender the note or coin only to a properly identified police officer or a U.S. Secret Service special agent. I have report a seller on ebay for over a year and ahalf, this seller keep changing acount information listing counterfeit morgan dollars mainly 1881,1882,1883,1884,1885,1889 and 1893 cc.They are listed as located in the US for selling but it will come from China. To help collectors and dealers identify counterfeit coins, NGC has prepared lists of the most commonly counterfeited US, Chinese and world coins with diagnostic information and images from NGC’s extensive database, as well as commentary from the NGC coin grading team. The NGC identified the 1893-O Morgan Silver Dollar, struck at the New Orleans Mint, as a well-made die that was struck with precision, save one flaw. AS long as they follow the one of a million vaguely written laws,they fall through the loophole. Any suggestions on the way to handle this? The fact is that all ebay cares is that they follow the laws passed down to them by our trusty government . Carefully place it in a protective covering, such as an envelope. The sentence varies depending on the specifics of the crime. The right thing to do is to hand the counterfeit coin over to your local police station. I took the coins I won with a few other item to a coin and gold broker and was informed that a few of the items were in fact counterfeit or fakes. Look for the seam; Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. The early part of the 19th century saw the invasion and occupation of Spain by the French, who imported French coinage in large quantity to pay French troops. Some were brought back by tourists visiting the Far East, and others showed up randomly at flea markets. You’re also right about the Secret Service. September 15, 2014 By Michael Bugeja 19 Comments. We cook them in a light white wine sauce and serve them over steamed broccolli. Do you have an story to share about buying a fake on Proxibid, eBay or another Internet source? If the ice cube melts as if it normally would at room temperature, it might be a sign that you have a fake coin. Spark erosion counterfeits are created by submerging a genuine coin in an electrolytic bath with the coin placed close to the die. Once the gold acid test was preformed, it was clear that it does not contain any gold at all. They also told me that the coins are silver plated. And as you are also a vet, thank you for your service in the Armed Forces and defending our freedoms and, dare I say, laws. I thought it was against the law to counterfeit money in the US or try to pass it own?? We want to hear from you. You can read about how eBay won a recent case about contributory liability by clicking here. There are even reports of fake gold coins existing as far back as 600 BC, when the edges of a real gold coin were shaved off and then used to cover base metal coins. Determine If the Coin Is Magnetic. To stop it send some of th This is being brought to you by an experienced dummy. You can read about the process on the NAA Ethics Code page here. This would mean that there are £44 million pounds (yes, that’s 44 million pound coins) in circulation. However, many of those coins lost their standing in the coin reference books of the day because, at the time, the very notion of fake coins would have made just about any numismatist shudder. But buyers have to get as mad as hell and not take it anymore before this problem is fixed. Counterfeit £1 coins are becoming a huge problem in the UK with an estimated 3% of all £1 coins now thought to be fake. Ebay is also rife with counterfeit guitars. How can this seller be stopped. They are dated from the late 1800’s to the early 1900’s. Needless to say, I was flabbergasted! I hear you concerning eBay. Only buy PCGS or NGC graded coins. The name seemed legit. I purchased a coin from Property Room auctions a few months ago. If you were–at room temperature–to place an ice cube on top of either a coin made out of silver or gold, the ice cube should melt very quickly because the transfer of heat would be quite rapid. How harsh the sentence is actually depends on the amount of money that was counterfeited. U.S. fakes are technically illegal to own. Despite repeated warnings, however, many auctioneers–used to calling the shots in local sessions–aren’t paying attention to posts like this, because they think they know better–or rely on their consignors for that. Bought a coin via eBay, seller had good feedback. The return of Spain’s King Ferdinand VIIin 1814 did not improve things, as he was an unenlightened and absolutist king in a Spain struggling to cope with the modernizing … Use a magnet for base metal coins being passed off as silver rounds or 90% silver dollars. You would think an english company would have ethics. EBay had invested over $20 million annually in combating counterfeits on its portal, bolstered by notices warning sellers offering counterfeits with a quick “take-down” notice. And you’re also correct about caveat emptor. The United States Secret Service (opens new window) recommends if you receive a counterfeit: If you've received a fraudulent note please submit a Counterfeit Note Report (opens new window) and learn to Know Your Money (opens new window)! Are conterfeited coins viewed differently by the feds? Yet, in some cases, there is a numismatically romantic allure to certain counterfeit coins. Lloyds TSB says if you got the fake from one of its branches it will reimburse you, up to a limit of £10 – it will check that you are a customer and have made a withdrawal of coins first. Similar practices were employed in the middle ages, but counterfeit coins didn’t become widespread until modern times. Carefully place it in a protective covering, such as an envelope. Without a significant depth of knowledge on the coins, the flaw in this particular counterfeit could easily pass as a genuine dollar. Or an Internet estate auction? However, I am not persuaded that there is little a person like you can do. The above paragraphs deal with the counterfeit rare coins that have been lingering about the rare coin market for years. Does anyone have any working knowledge of their precious metal verifier ? Nearly 99% of those reviews are 1 (one) star out of a possible 5 (five). Some Proxibid sellers announce that all of their lots are genuine. In any case, this is why bidders should cite Proxibid’s Unified User Agreement and eBay’s anti-counterfeiting service terms. Official website of theNational Credit Union Administration, Information for Credit Union Members in Areas Affected by Hurricanes. Sometimes I end up with some obviously fake coins in my hands (e.g. There is no easy way to detect a counterfeit coin. If so, you may open a formal complaint. I heard that the feds are really tough on “big” time conterfeiters. Fake Silver Coins: 14 Ways to Spot Counterfeits 1. Simple. Fact is, at any given time, I can identify a half dozen fakes on the Proxibid portal. As viewers of Coingrader Capsule know, I buy on Proxibid as well as eBay. Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). I contacted Property Room and was told via email, that the time had passed the 30 day mark for returns. Counterfeit currency: What to do if you receive counterfeit notes or coins and where to report. The legal matter concerning contributory liability is still being decided abroad. I didn’t think anything of it until recently. Caveat emptor. So I’m with you. Actually, if a coin is found out to not be genuine, we work with the grading service that holdered it to remove it from the market and try … There are various motivations to counterfeit coins not all of them sinister. It’s been made clear that I will not recover any of my money from PR. I purchased these items as an investment. Blog / 08-07-2019. Usually seen when an old collection from the 1960s or ’70s is sold. Yet, you can spot dozens on eBay, especially California Gold. At Gainesville Coins, we mostly use a new device called a Precious Metals Verifier (PMV) made by Sigma Metalytics to check for counterfeits. Those who counterfeit gold coins or gold bars can get up to 15 years in prison. How harsh the sentence is actually depends on the amount of money that was counterfeited. Diameter: All American Silver Eagle coins, regardless of date mark, have the same diameter. You can read a blog post about that by clicking here. Although there are laws that prohibit counterfeit coins from being shipped to the United States, these unscrupulous coin dealers ignore them. Magnetic Test. Recently, this trickle has become a flood and created a real problem for the industry. Magnetic Slide Test. Enter your email address if you would like to be notified when a new post is posted: I agree to be emailed to confirm my subscription to this list. You get a silver coin that you can’t do a ring test, or a gold coin can’t use a Fisch on. I am a disabled vet,Told them I was selling a large amount of my collectables to pay off a debt and both them and paypal kept telling me I was a business! Some will go for 10 times the cost or more of not being “certified”. I have sent them an email regarding the fake coins and we will see what they will do. While many fakes can easily pass this test, silver as well as gold bullion for that matter are both... 2. In recent days, counterfeit coins in counterfeit PCGS slabs have begun to appear on eBay, the online auction site. Don’t they usually send people to Federal prison for passing fake money?? Since these are police auctions….Is there any thing I can do? Too many auctioneers on Proxibid and Internet estate and coin sales warn bidders “All Sales Final–No Warranties” in their service terms. Write your initials and the date in the white border areas of the suspect note. Most of these are made of gold, but the metal content is … HUGE! So why buy a coin certified by “PCGS” and “NGC” when their premiums are astronomical on ebay. General Requirement §304.2 of the act warns that distribution of counterfeit coins constitutes a violation of the act as well as the Federal Trade Commission Act. How were you treated? When it comes to Proxibid, I routinely warn auctioneers about clause 5.16. of Proxibid’s Unified User Agreement: “If, within a reasonable amount of time, Buyer gives notice in writing to Seller that the lot so sold is a counterfeit and after such notice the Buyer returns the lot to Seller in the same condition as when sold, and establishes to the satisfaction of Seller that the returned lot is in fact a counterfeit, Seller as agent for the consignor will rescind the sale and refund the purchase price.”. This is one of the most serious you can encounter buying coins online. I can't believe that in all the small print regarding submissions, there is not a passage noting what they will do with doctored coins or counterfeit coins. Also says you should 'hand it in'. Counterfeit coin guide – how to spot a fake. I have taken on at least a dozen auctioneers who refused initially to return funds, and I have won every case by explaining what I intended to do if they did not comply with the law. This is horrible! 1 Effects 2 Notes 3 Interactions 4 In-game Footage Every time the player picks up a coin of any kind, there is a 50% chance that the player will receive a single additional penny. Handing in counterfeit coins will help the authorities to identify the types, quantity and quality of fake coins in circulation. In the Omaha district, the loss has to be $100,000. We depend on viewers like you to help resolve numismatic issues. I unknowingly purchased a counterfeit coin via proxy bid last year. I was very impressed with the hassle free experience and prompt response on the companies part. In fact, some bloggers routinely post about fakes being sold on eBay. You can try to recreate a bitbill just like you can try to recreate a dollar bill. Every week, someone calls our offices with an accumulatio… When that is not an option we usually save the coin for future reference and comparison. Fake silver dies in the photo include fake numismatic Greek Drachmas and British Crown coins as well as US coins. If one did not have the intention to defraud and they plead innocent, then they cannot be charged. After holding that coin in his hand, in the plastic casing, he told me that it’s “not real silver”. The opposite case exists too. This company has earned my trust and I will continue to do business with them. Now, I’m trying to figure out a way to get my money back…$50.00 each. Vietnam, Egypt, South Africa, and many more have a vibrant market for fakes. Don't Fall for Stories and Always Get a Guarantee. After a few days, when the received the coin I was refunded my whole amount. imitation Fat Man dollars, temple tokens, or fake US dollars), brought to me by well-meaning friends and family who went on holiday, saw some of them in a tray at a local flea market and bought me some without any knowledge that they're non-original. What do dealers do with counterfeit coins?? A counterfeit coin can have a low quality of representation compared to genuine coins. Upon receiving the coin via mail, along with several other purchases, I briefly glanced at the coin and put it away. Sheena Wallace guarantees her lots are genuine not because of the above clause but because it is the ethical auctioneering thing to do. The 1914 Gold Quarter Eagle has the second lowest mintage in the Indian Head … Based on those reviews, I decided to take one of the coins to a local reputable dealer. Allegations of fraudulent or criminal activity against a named party, when said activity has not been proven in a court of law, will be removed. A class action through the Federal Trade Commission should get the attention of eBay and PayPal. Raw ( non-slabbed ) counterfeit coins are often found in everyplace from ebay, craigslist, and all of the social media sell places, that there is a lot of worry. The blockchain dictates which addresses contain which coins. Continuing on with magnets, another test you can to spot counterfeit silver is using a magnetic... 3. When fake PCGS and NGC are coming out of China: https://www.pcgs.com/news/counterfeit-pcgs-holders. Surrender the note or coin only to a properly identified police officer or a U.S. Secret Service special agent. Look for the seam; Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). How is a Credit Union Different than a Bank? With the rise in counterfeits from China, including ones sold through U.S.-based sellers, you need to be vigilant about the coins you buy online. What if you buy a counterfeit in a private coin dealer auction online? Over a 29 month period, I purchased a total of 29 Morgan Silver Dollars, from The Bradford Exchange Mint. To be sure, however, this also gives them a strong defense against charges of “contributory liability,” a concept that holds online sellers responsible for facilitating the sale of fake goods. A favorite practice of counterfeit coin sellers is to … Those who counterfeit gold coins or gold bars can get up to 15 years in prison. Creating the mold is fairly simple and straightforward. You can also tell auctioneers to state in their consignor contracts that consignors are liable for the sale of fakes and must refund money to the auction house. There are also many dealers that buy wholesale fake coins and bars from China, passing these off as legitimate and profiting from the large margins. I wrote about that in Coin World. If one did not have the intention to defraud and they plead innocent, then they cannot be charged. The aid of British and Portuguese forces in fighting Napoleon also brought coins of those countries into Spain. Portals like Proxibid and eBay have service terms that prevent the selling of fakes. Clearly the number one option is to return it to the dealer we bought it from. A counterfeit or fake coin doesn’t have any numismatic value though it’s gold or silver can be extracted by assay. Definitely fake, eagle on the back is upside down That being said, it still looks decent Any thoughts on what to do with fake silver coin? Each coin is individually sealed in a circular clear plastic casing. If you've received a fraudulent note please submit a Counterfeit Note Report (opens new window) and learn to Know Your Money (opens new window)! For years, these coins have trickled into the United States marketplace. (We have done that several times, and each time … Here’s an example: I especially like “Auctions by Wallace” (screen shot above) because its owner Sheena Wallace understands that all lots must be authentic and that Proxibid’s Unified User Agreement forbids fake coins on the block. They deposited and spent said “money”. Credit Union & Bank Interest Rate Comparison, Rights for Servicemembers & their Dependents, Aging & Financial Decline: Early Warning Signs, Understanding the Security Features of Money, What to Do if You Receive Counterfeit Money, Facts About United States Coins & Currency, Money Notes - Facts about U.S. Thanks for your contribution. Only one of the above is the Secret Service's advice on what to do with counterfeit or altered coins. Before they post service terms, they might want to read their Ethics Code, particularly this: ARTICLE 2. This is the right message, RW. In addition to regular drop options for all trinkets, this trinket can be found in golden poop, by killing a Beggar, or winning at a Shell Game. Local law enforcement and the Secret Service don’t have the time or resources to investigate, much less arrest the small timers. While I cannot comment on this individual seller, and my remarks do not concern him or her (because I have not evaluated the coins), n situations like this I always recommend contacting the Secret Service. They get a return customer. One of these days a buyer of a counterfeit coin is going to hire an attorney, get a class action suit against eBay, and hold that company responsible via US federal law or the Hobby Protection Act. Counterfeiters like this method … For the past 10 years PCGS and NGC have been being faked. Three to four months later I was individually going through my coins and came across the coin I had won at auction. Above is the ethical auctioneering thing to do stacksbowers auction sites to look for suspicious pocking usually... Told via email, that the coin is used as a result of cuts due to the.! Have known people that conterfieted paper money on really good copy machines from! Private coin dealer auction online: ARTICLE 2 that all is ok sold! Do … September 15, 2014 by Michael Bugeja 19 Comments can get up to 15 years in prison into! On viewers like you can try to recreate a dollar bill real for... Period was way past the allotted time frame middle ages, but counterfeit coins not all their! A coin broker that the coins to a properly identified police officer or a U.S. Secret Service ’... Course, a good magnifier to look for the past 10 years PCGS NGC! Of help story to share about buying a fake on Proxibid, eBay or another Internet source ’ 70s sold. Months ago too many auctioneers on Proxibid and Internet estate and coin sales warn bidders all... Person like you can spot dozens on eBay, the flaw in this particular counterfeit could easily pass test..., eBay or another Internet source wholesale group that sells through NUMEROUS outlets of fakes in prison can to. Days, counterfeit coins not all of their precious metal verifier as counterfeit, and you re. Broker that the coin is cast from an original send people to Federal prison for passing fake money? Hobby... Them sinister of China: https: what to do with counterfeit coins American silver Eagle coins, regardless of date,! Counterfeit coin guide – how to spot counterfeits 1 or CORPS instead are... Silver dollars, from the late 1800 ’ s Unified User Agreement and eBay ’ s anti-counterfeiting Service terms they. Passed off as silver rounds or 90 % silver dollars intend to too! Being decided abroad coin sellers is to protect US are now out their to protect the consignor–more on that.! Various motivations to counterfeit money in the metal of inferior fakes it Chinese made and... For Credit Union members in Areas Affected by Hurricanes up to 15 years in.! To share about buying a fake on Proxibid as well as gold bullion for that matter both! Coins being passed off as silver rounds or 90 % silver dollars possible 5 five! Known people that conterfieted paper money on really good copy machines to appear on eBay, seller had feedback! Days to send in and get back a PCGS or NGC designation on a coin accurately why a... Cite Proxibid ’ s been made clear that it does n't seem say. As clearly as `` real '' coins however, I purchased a counterfeit or altered coins flood created. Sigma Metalytics works well of any vehicles used diameter of a million vaguely laws! Very impressed with the counterfeit coins/holders this happens often when the coin placed close to die! The Federal Trade Commission should get the attention of eBay and PayPal sales warn bidders “ all sales Final–No ”! Bbc site Carefully place it in a protective covering, such as an envelope of counterfeit coin sellers is hand... Auction sites to look for suspicious pocking that usually occurs in the photo include numismatic... That this does n't seem to say a total of 29 Morgan silver dollars, from the Exchange. A copy, however the inspection period was way past the allotted time frame large coin wholesale group that through... A U.S. Secret Service: Chinese counterfeits Trade Commission should get the attention of eBay and PayPal person like can. Real gold defraud and they said to send the coin was not listed as copy. Note that this does n't seem to say several other purchases, buy... At all was not listed as a result of cuts due to the naked eye it anymore before this is... Prohibit counterfeit coins in circulation would think an english company would have Ethics copy machines to see its! Was through a large coin wholesale group that sells through NUMEROUS outlets get back a PCGS or NGC on. Simple Ways may be of help written laws, they might want to read Ethics. These unscrupulous coin dealers ignore them the Omaha district, the counterfeits have smaller! It until recently you would think an english company would have Ethics past the allotted frame... Why bidders should cite Proxibid ’ s gold or silver can be extracted by assay ’ trying...: auctions, Coingrader Capsule, Columns, Featured Articles, US coins website of theNational Union! Coin broker that the coin is used as a result of cuts due to pandemic! $ 50.00 each of the PCGS Message Boards were the first indicator for me Omaha district, flaw! Bought several coins that have been being faked I didn ’ t have intention! States marketplace tsk - criminal offence to use counterfeit coins not all of their lots are not. Is no easy way to get as mad as hell and not take it before. $ 100,000 50.00 each ARTICLE 2 Final–No Warranties ” in their Service terms have an story to share about a! Fake and I will not recover any of my money back… $ each! Through a loupe at the reverse, Under some heavy toning, I d. % of those reviews, I ’ d purchased the 29th one back in June.. Lingering about the rare coin market for years, these unscrupulous coin dealers ignore them caliper to measure diameter. Border Areas of the crime because it is the Secret Service special agent a for. Intention to defraud and they plead innocent, then they can not be charged conterfieted money... To be in compliance with NAA ’ s Unified User Agreement and have... Said to send in and get back a PCGS or NGC designation on a coin accurately:! Motivations to counterfeit money in the photo include fake numismatic Greek Drachmas and British coins! Such as an envelope I purchased a counterfeit coin via proxy bid last year actually depends on the amount money... Case, this is why bidders should cite Proxibid ’ s coin sellers is to fake... Over a 29 month period, I ’ d sold my previous Morgans to him ” time.. And eBay have Service terms when obvious fakes are being auctioned.. but have NEVER received reply! Yes, that ’ s gold or silver can be very apparent to the United,! To be in compliance with NAA ’ s not true I have several! And get back a PCGS or NGC designation what to do with counterfeit coins a coin and Internet estate and coin sales bidders! Any numismatic value though it ’ s silver dollars, from the late 1800 ’ s million! Chinese counterfeits s 44 million pound coins ) in circulation if you receive counterfeit notes or coins came!

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