Counterfeit 2011-W 1 oz Gold Buffalo in a fake NGC slab

  Рет қаралды 181,883

Market Harmony

Market Harmony

8 жыл бұрын

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
@gabrielcornea9119
@gabrielcornea9119 5 жыл бұрын
The coin itself looks wrong too. It looks like Arnold Schwarzenegger and not like the Native American Chief on the nickel.
@scottkrafft6830
@scottkrafft6830 5 жыл бұрын
LMAO!
@MarkMphonoman
@MarkMphonoman 4 жыл бұрын
Ha, you are right, it does look like Arnold. 🙂
@orafa.el_
@orafa.el_ 4 жыл бұрын
Yeah. You're right! LMAO
@husky500cr
@husky500cr 4 жыл бұрын
Hasta la vista baby
@justinsnider9772
@justinsnider9772 4 жыл бұрын
Arnold!
@luckyguy3341
@luckyguy3341 5 жыл бұрын
Couldn't you compare the Buffalo with real NGC slab?
@northerniltree
@northerniltree 3 жыл бұрын
The fact that it was on sale as a "buy one, get one free" ad campaign should raise a red flag, too.
@Obamasucksdogdcks
@Obamasucksdogdcks 7 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
@davesuiseki4904
@davesuiseki4904 5 жыл бұрын
Well played on the air bubbles!!! I noticed the bubbles immediately after you flipped the fake coin. Great video & thanks for posting!
@Robert-xp4ii
@Robert-xp4ii 5 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.
@50amador
@50amador 5 жыл бұрын
WHY DIDN'T YOU SHOW REAL COIN NEXT TO THE FAKE ?
@JohnDoe-ft2nh
@JohnDoe-ft2nh 4 жыл бұрын
Doesn't have one.Lol.
@paperbox819
@paperbox819 5 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.
@Redvines69
@Redvines69 6 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
@lukecarter8100
@lukecarter8100 8 жыл бұрын
Thanks for the heads up sir.
@MrSafetyForever
@MrSafetyForever 4 жыл бұрын
Extremely informative! Most grateful Thank You!
@bigwo56
@bigwo56 7 жыл бұрын
Very informative! Those damn counterfiters are getting smart!!
@J_Singeorzan
@J_Singeorzan 3 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.
@neildutson1098
@neildutson1098 Ай 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.
@1949LA-ARCH
@1949LA-ARCH 5 жыл бұрын
Thank you for posting !
@ladylibertystacker2014
@ladylibertystacker2014 7 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!
@MarketHarmony
@MarketHarmony 7 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!
@ladylibertystacker2014
@ladylibertystacker2014 7 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?
@trainjam6596
@trainjam6596 7 жыл бұрын
Ladyliberty.......DA!!!!!!! Throw it in the air and shoot it !!!! Give it as a gift !!!!! Trick the next guy!!!!!!! turn yourself in.!!!!!!!
@GamingBallz
@GamingBallz 6 жыл бұрын
I'd like to have a phony in my collection to have in hand comparison material
@GamingBallz
@GamingBallz 5 жыл бұрын
Jeremo Brown I bet you would lol
@defiantsisko
@defiantsisko 5 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.
@earlycuyler9729
@earlycuyler9729 6 жыл бұрын
The "coin-holding prongs" also appear to be different - thicker & the actual shape of the prongs is different.
@davidstowe5652
@davidstowe5652 5 жыл бұрын
Thank you for showing this to us so we need to use the Touriel testing machine with guard list of the paperwork
@leonstarrksantiago3507
@leonstarrksantiago3507 2 жыл бұрын
This was very informative, thank you.
@bigdaddycraze
@bigdaddycraze 3 жыл бұрын
What is the product you use to test the coin metal composition?
@SkywatcherSandra
@SkywatcherSandra 4 жыл бұрын
Ty for sharing the information. I appreciate your time and sharing your videos. HUGS and blessings for ALL
@MarketHarmony
@MarketHarmony 4 жыл бұрын
What a nice post.
@roughroadrunner88
@roughroadrunner88 4 жыл бұрын
Chinese makers: Thank you for this video, we will do our best to improve🤙
@ilyas6875
@ilyas6875 3 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 ;-)
@JesusChrist5000
@JesusChrist5000 2 жыл бұрын
Ah so, honorable American! Ah so!
@benaiahtyndalewyatt6326
@benaiahtyndalewyatt6326 2 жыл бұрын
They should have treaties with other countries like this
@timothy_pitcock
@timothy_pitcock 2 жыл бұрын
@@JesusChrist5000 lololol
@cainotheconcernedcitizen5196
@cainotheconcernedcitizen5196 5 жыл бұрын
Excellent content! Just subscribed. Thanks for sharing!
@markbass354
@markbass354 6 жыл бұрын
it's just amazing the lengths thieves go thru to rip people off , such lowlifes out there
@yukisnow7022
@yukisnow7022 5 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
@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.
@MrRant247
@MrRant247 4 жыл бұрын
So where did you get this one and how much did you pay for it?
@richardhutchison3123
@richardhutchison3123 7 жыл бұрын
Thanks for the information you shared! It is an awesome video!
@TopOnlyDrift
@TopOnlyDrift 5 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.
@cupofjoe2988
@cupofjoe2988 6 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.
@mike.p.1400
@mike.p.1400 5 жыл бұрын
Good information mike. Thanks 🙏 Did you get fooled on that coin ?
@kathyberger6650
@kathyberger6650 2 жыл бұрын
Thanks for heads up! Great comparison!
@muddy_redneck4483
@muddy_redneck4483 6 жыл бұрын
29 counterfeiters disliked this video
@ktcat9419
@ktcat9419 5 жыл бұрын
35
@sebfury6645
@sebfury6645 5 жыл бұрын
37
@leesanders6490
@leesanders6490 5 жыл бұрын
40
@highbrass3749
@highbrass3749 5 жыл бұрын
69 (almost)
@davidthecardcollector
@davidthecardcollector 5 жыл бұрын
China is not amused about these lies.
@SilverSaver888
@SilverSaver888 8 жыл бұрын
WOW, a fake slabbed coin! Thanks for the info. Liked and subscribed!
@jackt7331
@jackt7331 3 жыл бұрын
is the water specific gravity test 100% effective against fake gold coins?
@appleztooranges
@appleztooranges Жыл бұрын
If you scan this on NGC scanner app does it work? I’m curious
@HealthyFamilyVarietyChannel
@HealthyFamilyVarietyChannel 8 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!
@peterviceroy9800
@peterviceroy9800 6 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?
@jctai100
@jctai100 7 жыл бұрын
This is a good message for new and young stackers but that face has definitely gone through the FOUNTAIN OF YOUTH! lol
@ThePackratg
@ThePackratg 6 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!
@davilaavelino0
@davilaavelino0 5 жыл бұрын
Where was it bought from?
@TheChadWork2001
@TheChadWork2001 5 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?
@Arsenico18
@Arsenico18 5 жыл бұрын
Thanks for the alert video !
@philippayne4951
@philippayne4951 5 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.
@harveymushman2219
@harveymushman2219 5 жыл бұрын
What year did the fake start hitting the market...
@bernicekemp953
@bernicekemp953 7 жыл бұрын
thanks for the info …. this is certainly something to look out for!!!!!!!
@BIGGBAY90
@BIGGBAY90 5 жыл бұрын
If you scan the label with an iPhone on the NGC website will it not detect it as counterfeit
@georgebox100
@georgebox100 4 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 ?__________
@goxyeagle8446
@goxyeagle8446 Жыл бұрын
The barcode of the ebay coin I was looking to buy doesn't match the one on NGC site
@Revealthefactsbpsolanki3456
@Revealthefactsbpsolanki3456 5 жыл бұрын
Thank you very much for informative video
@scotty2hotty909
@scotty2hotty909 4 жыл бұрын
Did you get the guy that sold it to you?
@markcollins5464
@markcollins5464 5 жыл бұрын
This video is concerning but thank you very much for sharing✔️
@silverstacker5994
@silverstacker5994 5 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
@bobbiwest6625
@bobbiwest6625 6 жыл бұрын
Yes I recently purchased on ebay some slabs not able be authenticated by grade company. I'm wonder if they counterfeit too.
@willstaxx0730
@willstaxx0730 5 жыл бұрын
Bobbi West don’t buy on eBay. Buy from reputable dealers
@btc624
@btc624 7 жыл бұрын
Do you guys attend the P.A.N. show in monroeville? Fall 2017
@MarketHarmony
@MarketHarmony 7 жыл бұрын
Yes, I am a lifetime member of PAN and attend every PAN show as a dealer.
@glennolson7077
@glennolson7077 2 жыл бұрын
Excellent Video - thank you for taking the time to creat it Glenn Olson KC MO :)
@stevevet3652
@stevevet3652 6 жыл бұрын
Thank you for the information.
@drw505
@drw505 6 жыл бұрын
I have one of these that says copy on it what does that mean is it real or fake It has the copy by the Buffalo 2009
@banjo4us1
@banjo4us1 10 ай бұрын
Any idea how much an XRF machine cost?
@davidthecardcollector
@davidthecardcollector 5 жыл бұрын
They should do more about keeping track of who owns it or where it was last sold to.
@grosstravis
@grosstravis 6 жыл бұрын
Thanks for the good info.
@drfiberglass
@drfiberglass 7 жыл бұрын
Does it say made in china anywhere.....
@yuliya9999
@yuliya9999 7 жыл бұрын
the obverse doesnt even look close to me
@ribz78
@ribz78 8 жыл бұрын
Flippin thieves!!!!!! Good video sir
@Seattle206723
@Seattle206723 8 жыл бұрын
Have you reported this to the Secret Service Office yet?
@MarketHarmony
@MarketHarmony 8 жыл бұрын
The Secret Service currently has possession of this particular coin
@Seattle206723
@Seattle206723 8 жыл бұрын
***** Very good to hear, and I hope they get 1000 years.
@nick-sg7mv
@nick-sg7mv 7 жыл бұрын
the secret service handles fake coins now?
@Seattle206723
@Seattle206723 7 жыл бұрын
nick Thats a legal tender coin...
@carlbennett2481
@carlbennett2481 7 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.
@ghostly836
@ghostly836 6 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?
@sparkyjones560
@sparkyjones560 6 жыл бұрын
Max Rodegher nothing ever was safe.
@TheChadWork2001
@TheChadWork2001 5 жыл бұрын
Which model and brand XRF Spectrometer do you recommend?
@MarketHarmony
@MarketHarmony 5 жыл бұрын
I use a Thermo Scientific XL2
@burtgummer463
@burtgummer463 6 жыл бұрын
Thanks for the information.
@MaxZagar
@MaxZagar 6 жыл бұрын
What kind of XRF equipment are you using, what do you recommend ?
@MarketHarmony
@MarketHarmony 6 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.
@coloradokid8321
@coloradokid8321 5 жыл бұрын
Around how much do these Niton XL2 XRF’s cost? I’ve Googled them, but they won’t list the prices.
@markcollins5464
@markcollins5464 6 жыл бұрын
Wow that’s Good to know, thank you very much for the lesson.
@M45terMiNd
@M45terMiNd 7 жыл бұрын
Is there any way to know it is counterfeit simply based on the serial # and barcode on the slab?
@MarketHarmony
@MarketHarmony 7 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.
@DaDualityofMan
@DaDualityofMan 4 жыл бұрын
Damn, they really played that commercial advertising it for years too
@richeast9703
@richeast9703 4 жыл бұрын
I only buy current (First Strike) releases (Silver) NGC. They don't have time to counterfeit and boy are they beautiful.
@aaaabc1796
@aaaabc1796 3 жыл бұрын
Good to know. Thank you!
@noelgraham9330
@noelgraham9330 7 жыл бұрын
as soon as you said "dawntawn Pittsburgh" I knew you were authentic
@petedeiler9431
@petedeiler9431 6 жыл бұрын
MY 1oz. BUFFALO COIN HAS A PATTERNED BACKGROUND NOT A MIRRORED BACKGROUND. IT CAME FROM THE USA MINT. IT IS .9999 PURE. A LARGE 'F' IS ON THE FRONT. HAVE NOT SEEN THE MINT MARK YET. IT WAS STRUCK AT THE WEST POINT MINT. IS THIS STANDARD OR NORMAl?
@jpmvidal
@jpmvidal 7 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.
@MarketHarmony
@MarketHarmony 7 жыл бұрын
Yes, it can accurately analyze through the plastic. It uses X-ray spectrometry.
@jpmvidal
@jpmvidal 7 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?
@laupeter4594
@laupeter4594 2 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
@money_hobby
@money_hobby 3 жыл бұрын
👍thanks for the info.
@unbeatablebotgamesmore3515
@unbeatablebotgamesmore3515 5 жыл бұрын
😲 Great video man
@doogcat
@doogcat 7 жыл бұрын
wow thank you for that great info
@Comedy101688
@Comedy101688 6 жыл бұрын
Only buy from an authorized dealer, shop, website such as apmex.
@paullee7467
@paullee7467 4 жыл бұрын
THTT Productions or know what you are buying.
@ilyas6875
@ilyas6875 3 жыл бұрын
oh i buy from a dealer, all right. (to my FBI agent: kidding.)
@loodzzenburger9197
@loodzzenburger9197 4 жыл бұрын
Really informative video, thanks for sharing. Wish your lighting was different.
@peterholman6071
@peterholman6071 5 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.
@AlexandersLostTomb
@AlexandersLostTomb 5 жыл бұрын
Great video.
@jonathanjusti-noaafederal3276
@jonathanjusti-noaafederal3276 2 жыл бұрын
thank you. excellent job.
@williamludlow3788
@williamludlow3788 5 жыл бұрын
Collectors get careless. Good info.
@thinktank8389
@thinktank8389 6 жыл бұрын
thanks again. I'll be sure to let you know if he wins his law suit. thanks
@Gizzy666
@Gizzy666 11 ай бұрын
You sound pissed off talking about this with the “sighs” haha.
@kking5652
@kking5652 3 жыл бұрын
Four years later, oct,1 2020, How much more persuasive have these SOBs gotten.
@TheChadWork2001
@TheChadWork2001 5 жыл бұрын
Sorry I didn't see that. What is that called? Ah ha, an XRF spectrometer?
@petero958
@petero958 5 жыл бұрын
That's correct. XRF spectrometer. The ONLY sure way to tell real precious metals from not! Find an LCS that has one..
@garymorris5844
@garymorris5844 4 жыл бұрын
The bar code is different from the true NGC graded coin. Just look it up in NGC verification online where it shows you the actual pics of their graded coin.
@wesleymcnasty7595
@wesleymcnasty7595 6 жыл бұрын
Wow!!! This is concerning Thanks for the video
@ferebeefamily
@ferebeefamily 5 жыл бұрын
Thank you.
@patchrat1
@patchrat1 5 жыл бұрын
Wow thank you this is just one more reason to buy from a reputable dealer and not a”good deal “off eBay
@christopherterry5457
@christopherterry5457 5 жыл бұрын
James Nelson Let me know when you find a “reputable” dealer. LOL.
@danielbenedict8818
@danielbenedict8818 4 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!
@appleztooranges
@appleztooranges 2 жыл бұрын
Now I’m worried apmex sent me a counterfeit buffalo
@IndicamGuy
@IndicamGuy 5 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.
@MarketHarmony
@MarketHarmony 5 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.
@msms4659
@msms4659 5 жыл бұрын
So who can you trust?
@franciscojaviergarciasanch2921
@franciscojaviergarciasanch2921 4 ай бұрын
Magníficas piezas enhorabuena un saludo desde Málaga 😊😊😊
@zed332l
@zed332l 5 жыл бұрын
Am I correct to say the US Mint does not use .9999 Coins The Mint use 22 caret not 24 as does Canada.
@theradiounderground7298
@theradiounderground7298 5 жыл бұрын
No, Gold eagle is 22 Karet, buff is 24 Karat
@zed332l
@zed332l 5 жыл бұрын
Silver Fox We agree, So the four Nines should have been a dead Give away....Only Brits use .9999 silver and Gold.Brits .9999 Gold 24 Kt.
@teddygiovanini1153
@teddygiovanini1153 7 жыл бұрын
hey where do you get that machine that tells you the metal purity and how much do they cost
@punch_bowl_turd3005
@punch_bowl_turd3005 7 жыл бұрын
i'd like to know too.
@MarketHarmony
@MarketHarmony 7 жыл бұрын
Available only to industry professional organizations at a considerable cost.
@punch_bowl_turd3005
@punch_bowl_turd3005 7 жыл бұрын
***** well isn't that lame... however teddy i did find this qualitysilverbullion.com/product-category/coin-accessories/test-fake-gold-silver-counterfeit-coins/ but havent bought 1 YET. hopefully mike don't block me so you and others can evaluate this for yourselves. i have no affiliation to this product or co that sells it.
@ColonizerChan
@ColonizerChan 7 жыл бұрын
Teddy Giovanini a spectrometer?.....depends (seriously, we chemists have shit tons that tell similar things through different methods).... Idk how much those in the video would be, but a spectrometer isn't cheap.
@teddygiovanini1153
@teddygiovanini1153 7 жыл бұрын
Ok thank you
@ginsburgerheide
@ginsburgerheide 3 жыл бұрын
Thank you very. Helpful
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