Fake Morgan Dollars at a Flea Market! How to identify fake coins.

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9 ай бұрын

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Пікірлер: 423

@jefftidwell8783 3 ай бұрын

The silver alone is worth 20 dollars each . If they are selling 3 for 40 dollars that’s your first red flag.

@Mike.The.Jeweler 2 ай бұрын

Melt on Morgan's is well over 20 now, for sure should've been biggest red flag

@joshrockwell8913 2 ай бұрын

They actually sold 3 for 20$ the whatnot seller doubles whatever sale price is for the whatnot streamers profit

@marcob.7801 Ай бұрын

It's your ONLY and most ASSURED RED FLAG! Con men depend on human greed!

@hubster4477 27 күн бұрын

Not if they dont know what they have. Like precious paintings found at garage sales.

@lucasFranks-ex7kb 11 күн бұрын

4 is real ??

@TheQuickSilver101 9 ай бұрын

I appreciate you going over this and I appreciate the other person for being willing to reach out and admit that they purchased counterfeit coins

@ihustleforit 3 ай бұрын

Magnet test works the best and takes 2 seconds. 99% of the fakes stick to a magnet. The ones that dont usually can be found out by weight. Your methods are good too.

@Yankeepride03 2 ай бұрын

Not true. Many of them are non magnetic 🧲

@ihustleforit 2 ай бұрын

@@Yankeepride03 100% true. Ive had a shop since 2014 and 9 out of ten that come in are magnetic. I didnt say all but the majority certainly are. and again, when they arent, the weight is usually off.

@rdioactvgmr 11 күн бұрын

@@ihustleforit Copper reacts to magnets the same way as silver. Copper and silver are ferromagnetic meaning, most fakes now are made of copper.

@swilliams937 9 ай бұрын

How to identify fake Morgan Dollars at a flea market: 1. They're at a flea market. 😉

@mrsspegtacular6484 9 ай бұрын

😆

@diegosuarez1563 3 ай бұрын

So true.

@diegosuarez1563 3 ай бұрын

So true!

@kingjoe3rd 3 ай бұрын

Not necessarily true. The ones in this video were easy to spot, plus you can test them before buying with an app, and anyone that won't allow you to obviously has something to hide.

@lindathomas2350 2 ай бұрын

You have a good point there. I have bought sterling silver silverware at the flea market for almost nothing however. That pocket pinger sounds good to me!

@davidross5169 3 ай бұрын

Old cash redgesters had a marble top to tap a coin on to test it.

@JohnHam-ge9kd 8 күн бұрын

ive seen that ,but had no idea what it was for ,im 60

@JohnSmith-zw8vp 3 ай бұрын

Secret Service: Why don't you have a seat right over there...

@Keith-rk4td Ай бұрын

Or get rid of the problem (Wish and Temu).

@BaseK59 Ай бұрын

they don't do shit about it

@j.sayler6330 9 ай бұрын

The seller at the flea market is responsible for passing counterfeit money. If it's intentional, he's a criminal; if it's by mistake, he is too ignorant to be selling coins. At a minimum, the police should have confiscated them.

@Kennylaggins 21 күн бұрын

Maybe if they were trying to use them as $1. Not as a collectible.

@JohnHam-ge9kd 8 күн бұрын

the fucking police ,back the blue till it happens to you,to be counterfeit money it has to be in circulation at the time.itill you have ever been innocent and in a cage or"guilty"and in a cage you wont understand.

@stuartmoore6310 3 күн бұрын

Sorry Karen, cops don't show up at flea markets to bust Mooks selling trinkets.

@marianmoses9604 10 сағат бұрын

I just encountered exactly such a seller in my town two days ago. He was selling key date fakes of Morgan’s and Mercury Dimes in fake PCGS slabs. All counterfeits from China. The BIG tip-off? The 1916-D PCGS MS63 Mercs were a real “bargain.” Stickered for $20.00! Lol 😂

@maxf7351 5 ай бұрын

Hola. Am so glad to find a current vid made by an experienced & organized numismatist on this important topic. So many online sites selling Chinese mass produced fake silver coins/bullion at stupid low $, & new collectors & anyone looking to make a quick buck, or who aren't schooled on coin or silver unwittingly buying that stuff, we've got a steady supply of economy destroying fake bullion being injected directly into our economy's bloodstream. This vid shows that it may be more prolific than we hear about.

@noicue8078 9 ай бұрын

Great video! Thank you for your time and for showing us quite a number of ways to protect ourselves against fakes. 👍🙏

@philipcarroll5199 9 ай бұрын

You can hear when they rub together that they are not silver. I have always been able to hear the silver tones even when they are dropped in my hand as change. Thank you for sharing and helping your viewers and the girl.

@Spooky1862 5 ай бұрын

Exactly. 90% silver coins click when they make contact with each other; they don’t ring.

@PHUCKyoutube689 3 ай бұрын

Growing up my dad had a vending machine business and he would use a coin counter, you could always hear the 90% when one would hit the stack. You could even hear the war nickles when one of those would drop down.

@liquidelectrum 4 күн бұрын

Before garbage clad coins everyone knew the sound of silver. Just one more life skill we have lost as a nation.

@jenniferkline4196 6 ай бұрын

Also (because this is my second comment) lol If I ever feel like a coin is fake once,I educate myself a little more,I will also know who to send them to!!. I am so glad I found your channel!. I certainly appreciate you educating people like myself who is new an absolute rookie to this,but enjoy it so much with my three small grandkids❤

@bobcalderon2534 9 ай бұрын

Thanks for the advice.

@johnjacobs1625 9 ай бұрын

I thought Brass as soon as u Scratched it! You have a Good Eye SPEG! Cheers JJ

@josephhauad8673 9 ай бұрын

Thanks for the info...

@lindabohl2454 2 ай бұрын

Thanks! Good information!❤

@robroark1050 14 күн бұрын

Great content, thank you so much.

@mrvrose9999 9 ай бұрын

Please be careful, some counterfeit coins will pass the Sigma test as they are made of real precious metals. I bought a fake Sovereign coin that was made of real 22k gold. The mint mark for the year of issue did not exist, it was never minted. That took a bit of research. I was able to return it two days later for a full refund.

@1964catt 2 ай бұрын

If it's real gold keep it cause it's gold by itself not cause it's a coin

@MoDzAudio 9 ай бұрын

Damn at the end I thought you struck gold for a minute there lol. Great video as always. This is what I learned from Flea Market sellers that sell coins, 1. there almost always fake or, 2. there that overpriced that your not gonna buy them anyway which is why I just never buy coins from Flea Markets.

@user-vb2xk1ek5d 9 ай бұрын

There is an online site named Temu. They sell made in China counterfeit 1878 Morgan's and another example is 2017 Silver American Eagle. I have examples of these. I wonder why law enforcement allows this company to continue to commit out and out fraud.

@swissenglishman7582 9 ай бұрын

Great vid! Thanks.

@jacktupp4358 3 ай бұрын

0:25 - Paused for first impressions. Just at first glance, the two on the left look off. The one in the center - the patina looks "too good" like it was applied. Top right the off color(goldish sheen) is a little worrisome but it's my second choice because the ware looks very consistent. Bottom right is my guess for the real one. Love the flat dullness on the luster(or lack of luster) and the ware looks right.

@TheGuitologist Ай бұрын

Great video!

@liquidelectrum 4 күн бұрын

Watching 9 months after posting this video, I found some fakes today, and determined they were fake before I got scammed. The ping was too high, and the coin was too thin. The patina was too wrong. I’m glad I noticed the signs of a fake. I told the shop owner they were fake. It’s a crime to sell fakes. Always report it when you see it.

@fredbalandran3182 Ай бұрын

Thanks for the tip

@steveparker8723 3 ай бұрын

I was looking at some Morgan dollars at a flea market yesterday. The guy had a few coins in the plastic envelopes and several collector and mint sets. I almost bought one of the Morgan dollars but something told me to walk away. I'm going to invest in one of the pocket pingers. Thanks for the educational video.

@getsmart2594 2 ай бұрын

@1:50 number 4 is the real one. I see its sharper numerals and sharper letters than the others and there is no dark background stain. A FEW MOMENTS LATER.......... @3:30.... right on ! I was correct. There are some other measurements that you can also look for manually. circumference, thickness and diameter. There are also die marks that are the same for many different FAKE COIN years, as to where they would of had different dies at the mint. - Great video, I am a novice and have bought a lot of bad coins for very good deals.

@stevefadrosh6506 2 ай бұрын

just learned a bit, thanks

@matchoo4050 21 күн бұрын

you could also jingle them in your hand. thats a good way to tell by listening.

@kevinnugent223 2 ай бұрын

Really Interesting video. Thanks for showing us your methods .

@pauldentler7127 4 ай бұрын

I'm a novice Morgan Dollar collector & picked out #4 almost immediately. I looked at the obvious gaps of the wing feather tips compared to the details exhibited by #4 & there was no comparison.

@user-jc4pf2xs5c 9 ай бұрын

Great video as always. What river were you on at the end of the video?

@jimthompson9992 9 ай бұрын

Good information, as always, SpegTacular....the ring of REAL silver....so nice! Saving my pennies in the hope of getting a Sigma one day! Take care, be safe and God bless! 🇺🇸🇺🇸

@dannorsten6226 9 ай бұрын

Outstanding speg😊

@mrsspegtacular6484 9 ай бұрын

He’s pretty awesome 😉

@cyberleaderandy1 9 ай бұрын

I bought a Morgan from a coin dealer at a street market in the UK. I'd gone a few yards when i realised it was a fake because the heads two sides werent in the correct relationship to each other. He gave me the money back but put it back on his stall. He knew it was fake but didnt care and was selling it as real.

@Silvercrypto-xk4zy 9 ай бұрын

😮😢😠

@WWFCOHIO 9 ай бұрын

Love my pocket pinger… bought quite a bit off of eBay and only got 3 fakes 😅

@truthwatcher1621 3 ай бұрын

Yes. I got it right! I noticed the fake black ring around the face of the fakes.

@emilevoyer123 9 ай бұрын

THANKS FOR THE VIDEO

@mrsspegtacular6484 9 ай бұрын

Thanks for watching!

@COUNTINGSLURPULA 9 ай бұрын

Woo-hoo! Nailed it.

@kaynefryday6637 9 ай бұрын

Hello @Speg hope you are having a great week

@lyndelf 9 ай бұрын

Two minutes in I'm thinking #5, but we shall see!!

@harryhumstone3149 2 ай бұрын

If I were buying coins I would use the second method I will have the testing instrument. This is a good video thank you for sharing

@kingjoe3rd 3 ай бұрын

The 1882 one was what I picked, and it was right. My reasoning was because the rest had this weird dark color around the edges of everything which is indicative of someone purposefully trying to darken them, and the real one had a worn down face that is hard to fake without leaving mechanical marks.

@HerbieRobinson 4 ай бұрын

Regarding your three coin test, you didn't need the magnets scale or sigma to know the 1902-O was not a genuine Mint product. The reverse is a pre 1901 New Orleans reverse with narrow wing gap, numismatists refer to it as a C3 reverse. Do some research on the micro-o contemporary circulating counterfeit family which are usually sterling silver and correct weight but many of them have incorrect reverses and can be more valuable than genuine Morgans.

@monterreymxisfun3627 3 ай бұрын

More than 30 years ago, I bought a 1932 Quarter with a carefully glued on D at a flea market.

@bouncerslabrealnature9143 Ай бұрын

We recently had a couple of folks try to sell us fake Morgan Dollars, 1923 peace dollars , gold Maple leafs, silver eagle coins, silver bars and Gold One ounce bars....All magnetic ⚠️😡Yes, everything was fake except the dimes , quarters and halves.

@RockReynolds 2 ай бұрын

I was very impressed by the "fakes". Glad I'm not a Coin Collector. --- Somebody had some very impressive "stamping Molds". --- Makes one wonder, "Where'd they get THOSE???"

@BrianFolks 2 ай бұрын

I can hear silver coins in a cash register. Once heard a lady at the drugstore sticker hand in the dime a section and I heard some. I bought all of them off of her. She had no idea what they were.

@noapologizes2018 3 ай бұрын

Great information. Being someone who does frequent flea markets, I would have been taken because of my ignorance. You may have saved me from a bad purchase. Thanks. . . . "There's a sucker born every day." P.T. Barnum

@JohnnyButtons 3 ай бұрын

Well done bud

@fredfritts3598 2 ай бұрын

Bought 200.00 dollars worth in China at a flea market one dollar apiece. They were inspected at customs and allowed in country. My son gave most of them away as gifts. He took two to a coin shop where they purchased them for? of money. The coin shop owner called me a few weeks later threating to sue as they were fakes. I know the value of fake ones now are much greater than what the coin shop paid 4 them.

@regentraynor8443 7 ай бұрын

Wish u would have used calipers. They were right there. I have several that r 2.9mm thick n lots of people say they need b 2.4mm

@williamguirl7735 9 ай бұрын

The look & weight will give most fakes away, then its the pinger, then a scale, seen so many more fakes in the last 6 years.

@robero11 9 ай бұрын

Just ordered 2 pingers. Thanks for the discount code 😊 Two for 60 with a $6.00 discount total $54.00

@Spegtacular 9 ай бұрын

Let people know what kinda discount you got if you don’t mind. ❤️

@sandienochs6132 2 ай бұрын

I bought a few of these in India, both the dealer and I knew they were fake. As a coin magician they present very well.

@jefflwadfordjr.1128 9 ай бұрын

Putting in 3. Let me see if I picked the right one.

@darrellray5569 3 ай бұрын

#4 has some 'cartwheeling' in its finsh. If it were polished, it would have been harder to detect.

@kingtut8381 6 ай бұрын

GRA 8 TUTORIAL. THANX

@marktemplin1159 Ай бұрын

My guess was #4 before youbeben asked,,, just the diffence in color,,,, i have many silver coims and there is just something about silver,,,, it has a very unique way of oxidizing

@joelp6197 9 ай бұрын

Thanks for the video, when she dropped the coins into her hand you could tell right off they were fake.

@Spegtacular 9 ай бұрын

The sound was weird right? They also feel unusual in the hand. Dunno how to describe it but it’s different

@russriley3005 Ай бұрын

I spotted the real one immediately. my mother was a bank teller in the 60s and my father was blind

@Cosmo_P0litan 6 ай бұрын

Four... it has got that look to it...

@SerpentSilver 9 ай бұрын

I'm gonna go with #4

@johnnymcneal5914 21 күн бұрын

Yes, I've seen those commercials for Morgan silver dollars.I was marrvery skeptical.I'm glad I never bought those things

@HiPoint-ql3rs 2 ай бұрын

The edge on some of those is not reeded just smooth if the edge is worn smooth there would not be hardly anything on obverse or reverse.

@TheKOB2010 9 ай бұрын

I have several of those. They weigh 5 grams less then a real Morgan and some don't even have the eagle facing the right way. They do have some silver in them so they will pass a ping test.

@joerenaud8292 3 ай бұрын

I've had problems even with antique dealers who sell a lot of silver/gold coins, that sterling silver does in fact have magnetic properties, yes diamagnetism is real which means all metals have some measure of magnetic properties, just not the ferrite type. But of course antique dealers don't want to hear that kind of thing when it comes to selling sterling ware. They automatically dismiss any such claims when trying to prove to them silver does have magnetic properties.

@Wyld1one 18 күн бұрын

Yeah I can hear the difference. The fake ones have a harsh high tone. I'd almost say like a sawtooth wave. The real silver one sounds more like a bell

@melgoy2094 15 күн бұрын

I was in cambodia in 1994 after the new elections when the KR was tossed out. Some of the street vendors were selling a lot of old silver coins like these. I did not buy any of them

@Ginzaloon 3 ай бұрын

lol quote of Q1 2024 “Some people are jerks and that’s how it works” hahahaha

@shawn951951 9 ай бұрын

Great education. I feel sorry for the buyer.

@DKWeathersevereweather 9 ай бұрын

I’m new to collecting coins and found a 1858 gold 1 dollar piece and they wanted 600 for it but I seen plenty for around 750 to 800 should I jump on it?

@silversharkc4666 9 ай бұрын

I love graded coins so had to get a Sigma.

@mrsspegtacular6484 9 ай бұрын

It’s worth it in the long run!

@donpanico7708 9 ай бұрын

4 definitely

@lindathomas2350 2 ай бұрын

Here is a question. I have a really good postal scale. If I put a for sure 1 oz silver coin on there or round and then compare it to the suspected coin around won't a fake way differently than the true 1 oz coin?

@warlockcommandcenter 2 ай бұрын

Hey can these coins have copper rivit soldered to the back to use in leather work?

@glenmontcalm9131 9 ай бұрын

I had my lcs refuse to buy American silver eagles from me! I was dumbfounded. I’m in Florida myself

@peterpete3125 9 ай бұрын

4 is real. Nice cart wheel effect on it.

@FSSRKeyno 9 ай бұрын

I use the ping and neodymium magnet from a hard drive.

@mattmatt6572 9 ай бұрын

I think I can do part of what a sigma does with my metal detector

@theshitshow-em3fk 9 ай бұрын

temu. I love it but holy hell the fakes over there lol

@mebaugh1 3 ай бұрын

I picked the real one pretty easily. It had more realistic detail. I assume that wear does not happen perfectly uniformly as it appears on fake coins. The wear creates a 2D look, where the real coin seemed more 3d

@brian56 9 ай бұрын

I've seen fake seated dollars that were magnetic!

@dg-hughes 2 ай бұрын

I've never heard of a Morgan Dollar and then realized hey I have one. A relative had some coins and when they died my mom was given them and then gave them to me. It's 1883, I see it is an O series, the detail looks good to be as far as I can tell. It's quite dirty but I won't clean it. I smacked it and it gave a nice ringing sound. I also have two 1964 JFK half dollars.

@glockumollie1230 3 ай бұрын

What model is your $800 metalitix machine. I am going to buy one

@gregb6914 3 ай бұрын

bought one from TEMU now sure it is fake thanks for the info

@tommystacker3286 9 ай бұрын

Good vid Speg. Are there any visual clues that would let you know they are fake?

@Spegtacular 9 ай бұрын

The fact that each one immediately looked like different thicknesses and Morgan seemed a little sloppy. The “perfect” toning on the one followed by the luster on the worn one. Several minor details became big red flags while I was watching the video live.

@rvalens2 2 ай бұрын

Real U.S. coins are impeccably minted. Sure, there are errors made, but the letters, numbers and stars on them are always sharp and clear. On fake coins, those elements are almost always malformed. Also, beware of coins that have unusual toning, weird "tin-like" looking sheen to them or "prickly feeling" reeded edges (all signs of fakes). I like to check my coins with a pocket pinger, a sliver slider, a digital scale and calipers. But after a while, you will get good enough at detecting fakes, you won't need them. By the way, I picked number 4 as the real coin as soon as he displayed them.

@justinross2656 3 ай бұрын

This is why most folks only buy graded coins and always check the numbers to make sure its authentic

@user-he5so4gz4r 2 ай бұрын

Been screwed over a couple of times on ebay, problem is you don't get to handle the item or inspect it.

@heavenlyvibes7102 Ай бұрын

Dang u tryd to help her 😂😂😂 whaaaaatttttt id say 1 or 5

@sixinchesunder5262 2 ай бұрын

Thank you!

@charleshunziker7416 2 ай бұрын

When i was young banks gave them out at face value

@jimlewis5477 9 ай бұрын

My hearing must be off because I cannot distinguish the difference in sound. That is why I bought the Sigma. It isn't 100% though.

@dankase7296 3 ай бұрын

Eagle head looked correct on 4, the rest looked off to me.

@toddvandyne1914 Ай бұрын

I always use a magnet. Alot easier to carry.

@oldmanpatriot1490 2 ай бұрын

Does pocket ping-ers work on silver rounds?

@williambones3487 29 күн бұрын

Did you know the old cash registers had a slab of marble above the drawer to test coins ?

@billclancy4913 Ай бұрын

There were many fake Morgan dollars at bazarrs in Afghanistan in 2008 when I was there.

@VictorPerez-uc5nj 9 ай бұрын

l will use the 800 dollar better thank you for the video

@jordangibson695 2 ай бұрын

I wonder if someone made a fake using the appropriate silver alloy if the sound and alloy tests would be deceived.....in that way possibly making a rare version for nefarious profit.