ALERT! There are fake gold coins in fake slabs! Learn how to determine fakes. This video shows you details of a fake coin in a fake slab.
Пікірлер: 446
@gabrielcornea91195 жыл бұрын
The coin itself looks wrong too. It looks like Arnold Schwarzenegger and not like the Native American Chief on the nickel.
@scottkrafft68305 жыл бұрын
LMAO!
@MarkMphonoman4 жыл бұрын
Ha, you are right, it does look like Arnold. 🙂
@orafa.el_4 жыл бұрын
Yeah. You're right! LMAO
@husky500cr4 жыл бұрын
Hasta la vista baby
@justinsnider97724 жыл бұрын
Arnold!
@northerniltree3 жыл бұрын
The fact that it was on sale as a "buy one, get one free" ad campaign should raise a red flag, too.
@Obamasucksdogdcks7 жыл бұрын
Thanks Mike. Your knowledge of the coin business is hands down first rate. Sharing this video can save someone a lot of money. You didn't have to do this so it's so cool that you did. I wish you the best success
@luckyguy33415 жыл бұрын
Couldn't you compare the Buffalo with real NGC slab?
@Robert-xp4ii5 жыл бұрын
A side by side comparison (split screen) would have shown the differences and similarities for us who were just interested in seeing how close they are. Scary how good it looks without seeing a real coin. Comparing the capsules side by side made it obvious to a Leyman but very good forgery by itself.
@davesuiseki49045 жыл бұрын
Well played on the air bubbles!!! I noticed the bubbles immediately after you flipped the fake coin. Great video & thanks for posting!
@paperbox8194 жыл бұрын
The front of the coin looks completely off to me. I know people with little knowledge might get fooled, but that clearly looks like a fake at first glance.
@neildutson1098Ай бұрын
The average coin collector would not ever be able to tell this is a fake. Even comparing them side by side with a real one its almost impossible to tell. It looks every bit as good as the real one. This IS concerning!!! This kind of thing makes people skeptical of buying PM.
@Redvines696 жыл бұрын
Awesome video. Wish you would have explained just how the coin was given to you, and what happened when you caught it, would love the story :D
@SkywatcherSandra4 жыл бұрын
Ty for sharing the information. I appreciate your time and sharing your videos. HUGS and blessings for ALL
@MarketHarmony4 жыл бұрын
What a nice post.
@MrSafetyForever4 жыл бұрын
Extremely informative! Most grateful Thank You!
@richardhutchison31237 жыл бұрын
Thanks for the information you shared! It is an awesome video!
@50amador5 жыл бұрын
WHY DIDN'T YOU SHOW REAL COIN NEXT TO THE FAKE ?
@JohnDoe-ft2nh4 жыл бұрын
Doesn't have one.Lol.
@ladylibertystacker20147 жыл бұрын
When you look it up on the NGC registry it says possible counterfeit. Was that because you notified them?? Very scary. Liked and subbed. Thank you!
@MarketHarmony7 жыл бұрын
When the video was made and I did the initial research, the certification lookup did not indicate that this could be a potential counterfeit. I do not know when NGC made this designation and I do not know whether they made this designation because of this video. Thanks for letting us all know!
@ladylibertystacker20147 жыл бұрын
You are quite welcome. I would guess it was probably because you did make this video. It is helpful to know if it is still in circulation somewhere. What do you do with these counterfeits if you come across them?
@trainjam65967 жыл бұрын
Ladyliberty.......DA!!!!!!! Throw it in the air and shoot it !!!! Give it as a gift !!!!! Trick the next guy!!!!!!! turn yourself in.!!!!!!!
@GamingBallz6 жыл бұрын
I'd like to have a phony in my collection to have in hand comparison material
@GamingBallz5 жыл бұрын
Jeremo Brown I bet you would lol
@cainotheconcernedcitizen51965 жыл бұрын
Excellent content! Just subscribed. Thanks for sharing!
@leonstarrksantiago35072 жыл бұрын
This was very informative, thank you.
@markbass3546 жыл бұрын
it's just amazing the lengths thieves go thru to rip people off , such lowlifes out there
@yukisnow70225 жыл бұрын
I bought 5 panda silver coins, and they were all fake, two from the states and three from China. I was very angry, so I know what you mean.
@robertvirnig638 Жыл бұрын
People do not even have to go to any great lengths, on Etsy they sell fake PCGS slabs in bulk with the hologram and everything ready to go for the amateur counterfeiter.
@1949LA-ARCH5 жыл бұрын
Thank you for posting !
@J_Singeorzan3 жыл бұрын
Thank you for making this video! I was considering buying a Buffalo proof but had some concerns. After watching this video now I know my concerns are right and it was not an authentic coin.
@bigwo567 жыл бұрын
Very informative! Those damn counterfiters are getting smart!!
@roughroadrunner884 жыл бұрын
Chinese makers: Thank you for this video, we will do our best to improve🤙
@ilyas68753 жыл бұрын
fair point, but counterfeits work both ways. i dont' think the chinese would want their currency or similar scarce collectibles duplicated and flooded. that would be a shame. a real shame if the US goes on the offensive and floods their market with fakes. and not just coins... key technologies rely on a few key components (microchips, valves, etc...) that the US could offer at an irresistible discount ;-)
@JesusChrist50002 жыл бұрын
Ah so, honorable American! Ah so!
@benaiahtyndalewyatt63262 жыл бұрын
They should have treaties with other countries like this
@timothy_pitcock2 жыл бұрын
@@JesusChrist5000 lololol
@defiantsisko5 жыл бұрын
Very informative video but the detail I noticed that you didn’t mention is that it looks like the reflective fields of the coin are flat instead of the authentic hand-hammered appearance of a genuine coin.
@lukecarter81008 жыл бұрын
Thanks for the heads up sir.
@davidstowe56525 жыл бұрын
Thank you for showing this to us so we need to use the Touriel testing machine with guard list of the paperwork
@kathyberger66502 жыл бұрын
Thanks for heads up! Great comparison!
@muddy_redneck44836 жыл бұрын
29 counterfeiters disliked this video
@ktcat94195 жыл бұрын
35
@sebfury66455 жыл бұрын
37
@leesanders64905 жыл бұрын
40
@highbrass37495 жыл бұрын
69 (almost)
@davidthecardcollector5 жыл бұрын
China is not amused about these lies.
@TopOnlyDrift5 ай бұрын
Thanks for the video! Very insightful. Any similar videos to go over NGC older brown label slabs? When I got my first one, I was skeptical of the weld spots but now see that is not unusual. Would just like to see others in detail maybe.
@philippayne49515 жыл бұрын
I fully agree with you. The problem is the slabbing firms also make mistakes and slab fakes also. Your better of getting the mint who produced the coin to check it. And also museums can help, if its an old coin. I myself have no faith in slabbing.
@Arsenico185 жыл бұрын
Thanks for the alert video !
@SilverSaver8888 жыл бұрын
WOW, a fake slabbed coin! Thanks for the info. Liked and subscribed!
@MrRant2474 жыл бұрын
So where did you get this one and how much did you pay for it?
@TheChadWork20015 жыл бұрын
Market Harmony, how are you detecting these fakes. You didn't cover that. When you show one, and discuss it, please show how you discovered them. What devices are you using so I can get one to protect myself?
@jctai1007 жыл бұрын
This is a good message for new and young stackers but that face has definitely gone through the FOUNTAIN OF YOUTH! lol
@ThePackratg6 жыл бұрын
I would agree. This is a learning tool for all. Keep reading as you move through out life, as you go so do the counterfeiters!
@bigdaddycraze3 жыл бұрын
What is the product you use to test the coin metal composition?
@unbeatablebotgamesmore35155 жыл бұрын
😲 Great video man
@glennolson70772 жыл бұрын
Excellent Video - thank you for taking the time to creat it Glenn Olson KC MO :)
@earlycuyler97296 жыл бұрын
The "coin-holding prongs" also appear to be different - thicker & the actual shape of the prongs is different.
@HealthyFamilyVarietyChannel8 жыл бұрын
Scary!!! I hate to see stuff like this! Older people, newbs, small timers, etc are all going to get fooled by this $1500 fraud!! What's up MH! wlvsdd from RC here!
@davidthecardcollector5 жыл бұрын
They should do more about keeping track of who owns it or where it was last sold to.
@cupofjoe29886 жыл бұрын
do you do any selling online? I noticed the EBAY store has nothing for sale. Interested in purchasing modern Gold Coins like Maple Leafs, Buffalos, Kangaroos that kind of thing. Normally purchase from APMEX, but would be interested in shopping around.
@bernicekemp9537 жыл бұрын
thanks for the info …. this is certainly something to look out for!!!!!!!
@mike.p.14005 жыл бұрын
Good information mike. Thanks 🙏 Did you get fooled on that coin ?
@richeast97034 жыл бұрын
I only buy current (First Strike) releases (Silver) NGC. They don't have time to counterfeit and boy are they beautiful.
@Revealthefactsbpsolanki34565 жыл бұрын
Thank you very much for informative video
@AlexandersLostTomb5 жыл бұрын
Great video.
@silverstacker59945 жыл бұрын
These need to be taken out of the market when they are realized. I shudder when thinking of how many of these counterfeits are out there! :S
@markcollins54646 жыл бұрын
Wow that’s Good to know, thank you very much for the lesson.
@markcollins54645 жыл бұрын
This video is concerning but thank you very much for sharing✔️
@grosstravis6 жыл бұрын
Thanks for the good info.
@IndicamGuy5 жыл бұрын
Mike, when you show gold it should be on a darker surface such as dark blue or black. That way the gold actually looks like gold. the backgrounds I have seen you use are yellow which makes gold look whiter. You need a contrast. Just a thought.
@MarketHarmony5 жыл бұрын
Thank you. I'm always looking to improve. I'm not a videographer by trade, so my ignorance in the practice of good presentation shows. I just hope the message gets through.
@peterholman60715 жыл бұрын
A proof is struck at least twice and will gave a thin edge of gold protruding up around the outer edge of the coin as high striking pressures push the gold up at the edges.
@stevevet36526 жыл бұрын
Thank you for the information.
@peterviceroy98006 жыл бұрын
Slab prongs on the fake are much wider than on the authentic slab from NGC. Not having ever handled one of the slabs; I wonder if this is something that varies even on authentic slabs from NGC?
@noelgraham93307 жыл бұрын
as soon as you said "dawntawn Pittsburgh" I knew you were authentic
@jackt73313 жыл бұрын
is the water specific gravity test 100% effective against fake gold coins?
@appleztooranges Жыл бұрын
If you scan this on NGC scanner app does it work? I’m curious
@georgebox1004 жыл бұрын
2:50 seconds into your video, where did you buy that scanner or machine to tell, a percent of gold in a coin ?______can you give me the website ?__________
@BIGGBAY905 жыл бұрын
If you scan the label with an iPhone on the NGC website will it not detect it as counterfeit
@Seattle2067238 жыл бұрын
Have you reported this to the Secret Service Office yet?
@MarketHarmony8 жыл бұрын
The Secret Service currently has possession of this particular coin
@Seattle2067238 жыл бұрын
***** Very good to hear, and I hope they get 1000 years.
@nick-sg7mv7 жыл бұрын
the secret service handles fake coins now?
@Seattle2067237 жыл бұрын
nick Thats a legal tender coin...
@carlbennett24817 жыл бұрын
Why would anyone do that when the Secret Service is likely supporting the fraud? You can't rely on these alphabet soup agencies to do anything beyond working for Is'ntreal, so it boils down to buyer beware.
@davilaavelino05 жыл бұрын
Where was it bought from?
@money_hobby3 жыл бұрын
👍thanks for the info.
@jonathanjusti-noaafederal32762 жыл бұрын
thank you. excellent job.
@ribz788 жыл бұрын
Flippin thieves!!!!!! Good video sir
@burtgummer4636 жыл бұрын
Thanks for the information.
@harveymushman22195 жыл бұрын
What year did the fake start hitting the market...
@ghostly8366 жыл бұрын
I had no idea that there has been couterfit slabs. I've been buying only slabed gold to avoid counterfeits. Is anything safe anymore?
@sparkyjones5606 жыл бұрын
Max Rodegher nothing ever was safe.
@DaDualityofMan4 жыл бұрын
Damn, they really played that commercial advertising it for years too
@Comedy1016886 жыл бұрын
Only buy from an authorized dealer, shop, website such as apmex.
@paullee74674 жыл бұрын
THTT Productions or know what you are buying.
@ilyas68753 жыл бұрын
oh i buy from a dealer, all right. (to my FBI agent: kidding.)
@DiggingNorway8 жыл бұрын
Thanks! 11 grams off is quite a lot... would not be that hard to detect... All coins should, as a minimum, be checked for weight.
@gregshock5 жыл бұрын
DiggingNorway: Weight, diameter, thickness and “ping,” if possible.
@scotty2hotty9094 жыл бұрын
Did you get the guy that sold it to you?
@loodzzenburger91974 жыл бұрын
Really informative video, thanks for sharing. Wish your lighting was different.
@Robripslibs6 жыл бұрын
Thankyou for the info. Many have been scammed by fake coins...even experts.
@petero9585 жыл бұрын
If this fooled an expert.. I wouldn't call them an expert. Far from it
@SilverDollarSaloon2 жыл бұрын
What would be so easy to detect is the coin magnetic.The weight of 11 grams difference is a positive determination as a fake coin.
@doogcat7 жыл бұрын
wow thank you for that great info
@mikepict90114 жыл бұрын
Ngc should seriously investigate this . Maybe start putting the weight on the label too . Kinda an obvious countermeasure
@MaxZagar6 жыл бұрын
What kind of XRF equipment are you using, what do you recommend ?
@MarketHarmony6 жыл бұрын
Thermo Scientific Niton XL2 XRF Analyzer. I recommend this equipment or similar models from the same company that perform XRF analysis for precious metals.
@coloradokid83215 жыл бұрын
Around how much do these Niton XL2 XRF’s cost? I’ve Googled them, but they won’t list the prices.
@kking56523 жыл бұрын
Four years later, oct,1 2020, How much more persuasive have these SOBs gotten.
@Gizzy66611 ай бұрын
You sound pissed off talking about this with the “sighs” haha.
@easportz_withaz1768 жыл бұрын
I own some of these ngc pf70 slabbed coins. sort of scary, im checking every single number on the website. thanks for the video. really helpful.
@yuliya99997 жыл бұрын
do you guys even listen ? the number will match even if fake. its not hard for them to get a real number. copy it from a coin for sale on the internet. the number here matched. you need to check by weight and spectometer.
@jpmvidal7 жыл бұрын
+yuliya9999 Or they can compare the pictures with the physical slab on hand. If there are differences, then it is a counterfeit.
@jpmvidal7 жыл бұрын
How did you manage to analyze its metals content? Did you remove it from the slab before making this video? That XRF gun cannot analyze a coin inside its plastic holder.
@MarketHarmony7 жыл бұрын
Yes, it can accurately analyze through the plastic. It uses X-ray spectrometry.
@jpmvidal7 жыл бұрын
***** I see. In an older video of yours about a fake gold eagle, you mentioned that the x-ray gun could not test through the gold plating. Did the fake gold eagle have a heavy gold plate?
@wesleymcnasty75956 жыл бұрын
Wow!!! This is concerning Thanks for the video
@franciscojaviergarciasanch29214 ай бұрын
Magníficas piezas enhorabuena un saludo desde Málaga 😊😊😊
@btc6247 жыл бұрын
Do you guys attend the P.A.N. show in monroeville? Fall 2017
@MarketHarmony6 жыл бұрын
Yes, I am a lifetime member of PAN and attend every PAN show as a dealer.
@aaaabc17963 жыл бұрын
Good to know. Thank you!
@thinktank83896 жыл бұрын
thanks again. I'll be sure to let you know if he wins his law suit. thanks
@M45terMiNd7 жыл бұрын
Is there any way to know it is counterfeit simply based on the serial # and barcode on the slab?
@MarketHarmony7 жыл бұрын
The barcode and serial number are stolen from an authentic slab and reused to give the impression of authenticity. You need to know what the coin should look like.
@goxyeagle8446 Жыл бұрын
The barcode of the ebay coin I was looking to buy doesn't match the one on NGC site
@patchrat15 жыл бұрын
Wow thank you this is just one more reason to buy from a reputable dealer and not a”good deal “off eBay
@christopherterry54575 жыл бұрын
James Nelson Let me know when you find a “reputable” dealer. LOL.
@danielbenedict88184 жыл бұрын
Chris Terry, there are plenty dealers who use methods to make sure they are only selling authentic products! Their reputation is very important to them and that is how they make more money!
@TheChadWork20015 жыл бұрын
Which model and brand XRF Spectrometer do you recommend?
@MarketHarmony5 жыл бұрын
I use a Thermo Scientific XL2
@williamludlow37885 жыл бұрын
Collectors get careless. Good info.
@bobbiwest66256 жыл бұрын
Yes I recently purchased on ebay some slabs not able be authenticated by grade company. I'm wonder if they counterfeit too.
@willstaxx07305 жыл бұрын
Bobbi West don’t buy on eBay. Buy from reputable dealers
@user-ig8is8ry1k4 ай бұрын
The biggest give away for me is that the entire coin is polished unlike a proof/reverse proof. That alone should be the biggest red flag.
@williamsdetectingco.45126 жыл бұрын
You should make another video of you cutting the coin open to show that it's a counterfeit
@DuxButt8 жыл бұрын
hi Mike. after just being introduced to the metals side of KZbin. glad I found your video. 5-6 years ago I bought some of your copper pours and still have a 10+ ounce prototype you did. I'll have to make a video of it one of these nights. great video you have put up here. l subbed you and look forward to more of your videos. have a good one.
@MarketHarmony8 жыл бұрын
Thank you and good to hear from you. Feel free to spread the word about Market Harmony :D
@alanspaulding69346 жыл бұрын
The face of the Indian didn't have enough detail in it. This almost looks like John Redcorn.
@appleztooranges2 жыл бұрын
Now I’m worried apmex sent me a counterfeit buffalo
@ginsburgerheide3 жыл бұрын
Thank you very. Helpful
@skaarfvagly39594 жыл бұрын
Until you said that was gold, I thought it was just a buffalo nickel and was wondering why someone would go though the trouble to make a replica of that.
@laupeter45942 жыл бұрын
there isnow a new NGC app which allows you to scan the barcode to check the rarity levels of your coins if they are graded with them. Same with PCGS, hopefully that would help curb these counterfeits