The website is @ http://sxd-badge.en.alibaba.com/product/1496181745-214298430/1_oz_2013_Canadian_maple_leaf_gold_coin.html Fake American Gold Eagles are also available @ http://sxd-badge.en.alibaba.com/product/1313259076-214298430/Tungsten_gold_1oz_33_93g_Eagle_coin.html Fake Gold Krugerrands are also available @ http://sxd-badge.en.alibaba.com/product/1311673431-214298430/Popular_gold_33_93g_Tungsten_Krugerrand_coin.html. And that’s a concern for collectors. Gold American Eagle Coin for sale on the Internet at wholesale price Counterfeit Gold Coins. The Chinese further claim the remaining 400-ounce fakes were eventually gold-plated and sold into international markets. Who is going to make sure those are real? Fake Canada Gold Maple Leafs are being sold from China by the Shenzhen Shun Xin Da Handicraft Co., Ltd. How do you find reputable dealers? Pr… Usually seen when an old collection from the 1960s or ’70s is sold. 2. A recent study of the 50 most commonly counterfeited U.S. coins by the Numismatic Guaranty Corp., an industry grading company, 43 are gold coins of different eras. Thanks for posting this article. However on silver coins, a rare earth magnet will slide off slowly as demonstrated on YouTube @ http://www.youtube.com/watch?v=ZWLKp2dYMf4 Fisch now sells The Ringer which is essentially a plastic coin clamp with an attached spring actuated plastic clapper. We have had several customers bring in various counterfeit bullion products over the years and it seems like they all purchased them from sellers where there were plenty of warning signs. https://coinweek.com/counterfeits/avoid-becoming-victim-fake-gold-coin Several other options are available to individuals that wish to confirm the authenticity of their coins, including some expensive and not so expensive options. By the way, we never use metal calipers, as I don’t want to run the risk of scratching the coins. [New York Post: Fake gold hits NYC], Counterfeit Gold Coins Flooding Global Markets, In 2015, an elderly man spent $84,000 on counterfeit 1 ounce American Eagle Gold Coins, and a doctor spent $750,000 on counterfeit gold coins. A recent survey conducted by the U.S.-based Anti-Counterfeiting Task Force (ACTF) indicates the gold maple leaf (GML) produced by the Royal Canadian Mint is among the most frequently counterfeited gold bullion coins. By Tony Davis – Atlanta Gold & Coin Buyers ……. But after the jeweler’s goldsmith opened the packaging to work with the 24k Gold, he quickly discovered it was fake from surface to core. coins can be read @ http://www.timesunion.com/local/article/Two-men-charged-with-selling-counterfeit-gold-5542193.php. High-Quality Counterfeit Gold Bars Revealed. The fakes are getting better and better, so it’s up to us to stay on top of the trends and make sure that we’re only offering high quality genuine product to our customers. A few silver counterfeits also have been made this way, as have some fake copper coins. Purity tests were performed by drilling four small holes into the bars to analyze the base metal. Prior to 2012, all non-destructive Gold testing methods (i.e. These are pictured to allow you to see if you could tell the differences, and also to bring to your attention the fact that forgeries do exist in sovereigns, as with almost all coins. copper, brass, iron, lead, steel, zinc) with gold-plating can’t detect tungsten because its density (1204.41 lbs/cubic ft) is nearly identical to gold (1206.83 lbs/cubic ft), so its weight difference (-0.2%) is within common tolerance limits. The jeweler underscored the significance of this find, “since the counterfeit gold was sealed in [Royal Canadian] mint packaging, why would an investor have any reason to doubt its provenance and actually open it up to check? -Dana Samuelson, President Counterfeit Gold Coins. © 2021 Gold Buying Agent – All Rights Reserved
Counterfeit Coin Bulletin/Bulletin on Counterfeits Periodical about U.S., world, and ancient counterfeit coins that most recently was published jointly by the American Numismatic Association (ANA) and the International Association of Professional Numismatists (IAPN). Common sense is one weapon. This proves that the flaws are in the dies used to strike the coins. 2020 © DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Font: Small variations in font design can give a counterfeit American Eagle away. Gold coins are still being counterfeited, according to of industry studies. This allows you to stack the coins, measure and weigh them to confirm that the specifications are similar. By the way, I’m a regular reader of your articles and always learn a lot. The rarity and accessibility of certain coins wasn’t the sole reason for the higher number of counterfeit coins in these particular programs. that originated in the United States and were stored in Fort Knox for years (their serial numbers provided tracking). More commonly counterfeited gold coins are Chinese gold pandas, and $20 Liberty Head and St. Gaudens gold coins. It is now known that fake gold coins made from gold covered tungsten are still being sold from China by the Shenzhen Shun Xin Da Handicraft Co., Ltd. @ http://www.alibaba.com/product-detail/American-Eagle-2003-One-Ounce-Gold_1061192485.html . *** BUYER BEWARE – ILLEGAL TO RESELL FOR PROFIT ***, ChinaTungsten is a Gold Bullion Counterfeiting Factory that sells counterfeit Gold Bars and boasts, “While gold is priced in the tens of thousands per pound, tungsten costs less than $100 per pound. All are 1oz. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. Synopsis. Therefore, we recommend that you invest in a caliper to confirm that the diameter and thickness of the coin you’re considering meets the manufacturer’s specifications. Many Chinese counterfeit coins are magnetic, and it’s a dead giveaway if a silver-looking coin is attracted to a magnet. However, we were surprised when we were presented with a counterfeit gold coin. Visit his website at www.atlantagoldandcoin.com for additional information on the products, services and educational resources offered by his company. For those who are not aware, the audit conducted by the U.S. Treasury on September 13, 2012 on the gold stored in the New York Federal Reserve can be read @ http://www.globalresearch.ca/us-gold-reserve-audit-show/5326810. On YouTube there is a demonstration on how to perform a specific gravity test using a sensitive weigh scale and a small cup of pure water @ http://www.youtube.com/watch?v=xYdSEAm-7uI The CBS6 Albany New York News report is @ https://www.youtube.com/watch?v=Bw5qjYIuHNc. Excerpt from Annual Report of the Director of the Mint to the Secretary of the Treasury Fiscal Year Ended June 30, 1878 Washington: Government Printing Office, 1878, Page 9-10. Fisch recommends using The Ringer together with their coin measuring & weighing gauge. These sales of counterfeit coins are potentially a multi-million dollar problem for the public. S an exciting time for gold investors works well for counterfeit detection and can found... Handicraft Co., Ltd for the entire series with some 4,076,051 pieces struck you list include purchasing such from... Was interested in selling a Canadian gold Maple leaf inspected closely, making it easier for counterfeiters pass! 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