Counterfeit Coin Detection - Gold Coins

[@msticks3672]

Thank you for a very good video. I must admit that even though I have been a collector for over 60 years I would have been fooled by many of these. That is why I only buy certified coins but now they are counterfeiting NGC and PCGS slabs. Scary!

[@mwadden16]

Excellent Video! Thank you for giving us all a quick yet valuable insight!

[@rogerbelmar7933]

Thank you! A very instructional video. Any serious collector needs to be knowledgeable about counterfeits. I carefully inspect and study every coin I buy for the irregularities this excellent video mentions. Ignorance in numismatics is definitely not bliss. It’s difficult to give anyone guidelines in this area because even reputable dealers have been known to unwittingly sell fakes. It’s always best to be clued up about counterfeits.

[@roldanlaray4894]

J

[@trekkiejunk]

If you're buying a non-graded coin, what can you do to reduce the risk of buying counterfeit gold? Are local coin shops doing their due diligence of examination, weighing, scanning, etc of coins they buy, so that customers can be assured of buying something real, or do they get fooled all the time? What about big online dealers like JM or SD Bullion? Should you stay away from ebay? Beyond looking for pitting in the mold, it seems like real-life detection is pretty tough for most collectors.

[@ryang5470]

On the 2.5 Indian what do you mean by ‘tooling marks’ I’ve looked this up so many times and that term seems very subjective.

[@jonathanbrown9136]

Tooling marks typically reference the coin die and the artist mint design but all coins would have these marks the pitting on the fakes could be debris from the counterfeit die that was made? Maybe figured I'd give my best advice most fakes are typically the coveted rare coins like 1923S mint Quart always inspect your coins but if you come across rare ones Definitely run it through the ringer I've been burned on a few silver coins sad part was it was Real silver just fake date and mint! So even some of these "fake" gold coins are still gold,... sometimes

[@6789uiop]

@@jonathanbrown9136 Is using real precious metal common for these counterfeiters? Seems silly unless it's for numismatic value and not just the premium cost alone. Like you suggest, I'll stay away from the numismatic coins and just hold authentic coins for the PM store of value.

[@j.dextersmith6421]

I have a 2007, $25, gold eagle and one site stated that the only difference between a regular strike and a proof is that a regular mark is a "W" below the date and a proof has a "P" below the date. Mine has nothing below the date, does that mean that it is counterfeit?

[@macguru9999]

It looks to me like some of they fake dies were made/copied from originals that already had some wear on them..... very daunting to pick but across all coins i did notice that the colour of the fakes was off, due to the different metal composition. I think an XRF analyser would be a good way to tell the fakes in many cases.

[@FrostbyteCoins]

Great Video, I am linking you all to a video series I am doing on this, to help share this information.

[@LittleMoeSilvergreenchevy1]

Not appearing to be ignorant, but I have a question for you...Do you think it is relatively safe to buy gold coins from reputably bullion dealers, such as Ampex, and Provident Metals?

[@peachtree67]

I'd say yes.

[@LittleMoeSilvergreenchevy1]

OK, Thanks I was kinda thinking it was but after that video, it raised a question, like who has that experience to know...

[@kshak3125]

I have and old American Golden Eagle (1927). I looks genuine but I have weighted it and it says 33.4 grams. According to some coin selling sites the Golden Eagle should be 33.93 grams .. is mine fake or is there a difference in weight with the new 2022 ones? So are the new ones slightly heavier? Please answer ...

[@katherinec2759]

I have no definite knowledge, but my guess is that older coins would be a bit lighter than new ones because they get a bit worn away. Gold especially, because it's so soft. Also, depending on the scale you used, half a gram could be within the margin of error. So I'd say it's worth looking into, but I wouldn't be too panicked about it.

[@davidjacquier2694]

Bonjour, pouvez vous mettre les pièces en images superposées , en effets pour certains détails , il est difficile de se rendre compte des différences , merci d’avance 😊😊😊 . Sinon vos vidéos sont très bien réalisées , merci de dénoncer les contrefaçons , car les possesseurs de pièces d’or peuvent perdre énormément de valeur avec des fausses pièces . Merci à vous cher Monsieur 😊😊😊👍🏻

[@jaketran]

really good vid!

[@draugnaustaunikunhymnphoo6978]

1907 double eagle 20$ Roman Numeral coin with wired edge. I've always wanted to know if it was fake or not.

[@babeschow8900]

I have 1913 5 cents buffalo, i bought it online, but i disover the overse is buffalo and the reverse is not an indian head. Is this coin i have is a counterfeit coin?

[@asheland_numismatics]

Great video!

[@mike7gerald]

You should've showed the weight comparison of each pair of coins. In this case I'm guessing that the counterfeits were real gold and therefore would weigh the same as the real one. But if the fake was an alloy, it would always weigh less--unless it was thicker than the real coin.

[@trucnman20]

I have a 1933 $20.00 gold coin i found in my father's stuff who has passed away and am wondering how to go about sending it to you to get it checked out

[@atlasbass2237]

What about a 2020 gold eagle with no denomination of money on back of coin. Is it fake?

[@ndrthrdr1]

Yes.

[@rickbruceroche2038]

How many Saudi fake St. Gaudens have you found? They are the correct thickness, width, and 22K gold of the proper weight. Actually, it has a little more gold than it should. How many have you found? My LCS has found one.

[@ndrthrdr1]

I am only interested in bullion gold coins, so I just need to know that the gold content is correct.

[@danger3_255]

fuck off to another video then

[@amexicanloveusa2754]

This is really god examples.. but you need to be a expert like the guy who is talking to know what is real ...

[@MizzAugust7]

It is the same with gems , the only way, to tell a real diamond, is with many hours of study & a microscope! This, is why you should never buy gemstones online, unless the sellers reputation is spotless, anyone, can change out a gem.

[@voltsoftruthBSbuster]

Why does 1911 10 dollar coin has "IN COD WE TRUST" instead of GOD? Is that a well known miss stamp on that coin. I'm sorry if I come off sounding ignorant or uninformed, but I don't own any of the gold coins prior 1933 and don't know much about them.

[@nedstarkravingmad1799]

In that year a cult that worshipped fish infiltrated the treasury department

[@MizzAugust7]

I dont care - for the flip, I will alway prefer, face & face, eback & back, for comparison. The flip, loses any memory , of differences, so, then, the brain can NOT , remember, the few basic standards it possibly could have.

[@mohammetmody9912]

I have 20 dollars golden eagle 1924 how much is the market price

[@PeopleCanFly23]

Why don't you just weigh the coin?

[@WingmanStudios]

Because counterfeiters often make fake coins out of real gold.

[@nmatthew7469]

to clarify, a thin thin layer of gold over tungsten. Obviously counterfeiters are going to use as very little gold for the fake as possible so it may seem like gold and weigh the correct amount.

[@randomgrinn]

​@@nmatthew7469 Pretty sure tungsten does not weigh the same as gold so to weigh the same it would be too thick, right? I would ask, What about a ping test?

[@MichealBhatti-k9u]

nice video

[@Ucmsafety33]

I have a Saint-Gaudens double eagle weigh 33.40 grams vs 33.43. It has some copper/red toning marks in center of obverse and reverse . Reasons to be worried or natural wear weight loss?

[@aleong2005]

Might be natural wear and some people might have shaved a little gold off the sides

[@jennifersmith1684]

hi been . i would like to show you a coin i have

[@johnsmccullough9431]

Hi good video but I wish you would put those coins side by side you know the genuine and then the fake one for the simple minded person

[@kemaichijou8999]

Don't you have any technology to tell difference

[@dalzcoins7528]

Wow nice ❤❤❤🙏

[@jackgauthier5624]

Are these counterfeits usually 24 K gold?

[@richiescholsohn531]

no 21.7 K , or 90%

[@JamesBrown-nu8vk]

Some are, some AREN'T

[@ChooChooRooter]

If it’s gold That means it worth gold price That’s real enough to me

[@shirleywilson6938]

Take a picture and see if it real

[@miriamloyola1861]

I have a 20 dollar coin how do I know if it's real. ? It's it normal size the one i have is large and it has no date or in god we trust

[@CalamityBYC1]

Sounds like you bought a counterfeit

[@6789uiop]

Is the smartphone app that detects fakes from the ping/ring ok?

[@randomgrinn]

Really strange no one mentions the ping test. Seems like obviously the best test to me unless they used real gold.

[@Scrap5000]

Why is it so hard for counterfeiters to make things as crisp as genuine coins?

[@MizzAugust7]

Because, they are not a monitored company. They have no artist to design & then carefully cast for repeated prints on EACH separate, quality controlled coin face. They ... are repeating one , then more, from the SAME home made cast, made, from an impression of an original, not- a created cast each time- and each coin loses detail. Greed is always in a hurry. The Govt. Mints, are NOT. (Until we luckily find a mistrike someone missed during inspection )EACH real coin, is an original cast/pour. Same with badly repeated jewelry metal ring shanks, etc.

[@timwalter96]

@@MizzAugust7 Real US coins are struck by a coining press; they are not cast made.

[@ahmedkhalifa885]

ANY COIN COULD BE OF GET SCRATCHES ON IT BUT YOU CANT JUST JUDGE ITS FAKE FOR THAT .

[@martinbatistanunes345]

EspaNoL

[@leovenier1011]

Gold is gold helping a collector determ real from fakes should be verified easily with easy steps weight go no go gages magnet easy to use steps the industry should help collecting and preserve true history . gold and silver copper all have a atomic number / weight . tool in the industry are not keeping up with counterfeit.

[@chassisresearchkid]

Collecting is for a the fact you will get screwed at some point . Absolutely pointless to get into coins, or cards. Buy hotrod parts.

[@charlesp2086]

You didn't tell us nothing about counterfeit not even not one of your coins

[@WingmanStudios]

Honestly not a good video. Parts of this video deserve praise, like the attention given to detail, die polishing consistencies, die-crack lines, incuse vs. relief, etc. Also, it is interesting that you put such an strong emphasis on your disclaimer that this is not a *complete* breakdown of counterfeit indicators. But when you mention the many types of die characteristics to look out for, you talk about these "depressions" that are often indicative of counterfeits, and you unfortunately leave out any explanation of how these "depressions" that are often found on counterfeits come about. Some questions I can think of about these "depressions": 1) What causes these depressions? Are they caused when a counterfeit planchet is not rolled out properly, or is it caused during the striking process? 2) Are they more often found on cast-counterfeits, or die-struck counterfeits? 2) How can someone discern a counterfeit-indicative "depression" from a regular bagmark, scratch, or wear on an authentic coin? The lack of explanation of what causes these "depressions", and how to distinguish them from real coins with regular wear/damage, while still bringing up these "depressions", only causes more paranoia and distrust of the coin market and numismatic industry, which in turn further damages the entire market. And don't try to downplay the importance of this, or excuse your damaging behavior. While you can hide behind that "This is not a complete explanation" disclaimer, the fact is that if you can offer an explanation for these "depressions" you should have included it in this video. People don't have time to research the bowels of the Internet for answers on esoteric topics. If you bring up a problem, give the answer to it. I'm disappointed in you PCGS.

[@theyuha]

I think the video would be a lot longer if he did these things.

[@azcoins4924]

HOW ABOUT THIS COIN HOW YOU EXPLAIN THIS

[@WingmanStudios]

@@theyuha It would have been 10 to 30 seconds longer. That's it. Depending on the level of detail PCGS could have given in explaining the nuances, technicalities, and specifics, at most an extra minute would have been spent including these important details. The point of my original comment and criticism is that it detracts from the video to mention a "problem" without offering the solution. i.e., The way to determine what is real versus what is fake. PCGS failed to do that in this video. Therefore, they have harmed the market. If any budding collector were to come across this video - from the premiere #1 coin grading certification service in the world - they might start examining perfectly authentic coins under a microscope, seeing regular bag marks/contact marks, and erroneously concluding that they have inherited or purchased a lot of fake coins. This can only serve to sow paranoia, distrust, confusion, and financial harm in the coin markets. Whenever you make a broad claim that "depressions" (an ill-defined term, in this video) can determine a coins' authenticity, without defining specifically the cause and nature of these "depressions" and how to verify a coin as authentic, then it serves no good purpose to spread such vague and ominous information. PCGS should have known better.

[@randomgrinn]

Yeah and no mention of the ping test? Such a simple way to detect if it is actually gold or not... Seems like they want to protect their own expertise rather than help people.

[@WingmanStudios]

@@randomgrinn The ping test, while certainly intriguing, is not foolproof, and moreover can come across as unprofessional/unscientific to newcomers in coin/bullion investing (even though it is totally based on science). PCGS would never risk their reputation to formally endorse such an allegedly dubious verification method.

[@MaxBerkovics]

😂