My $2.50 Gold Indian Coin Is Counterfeit! Is Yours?? BUY COINS From Us portsmouthcoinshop.com/ Go to our help community here for coin help
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@CoinHELPu2 жыл бұрын
BUY COINS From Us portsmouthcoinshop.com/ Go to our help community here for coin help coinauctionshelp.com/forum/index.php
@borisbuliak36262 жыл бұрын
I was really surprised how close in weight that counterfeit is. Devil is in the details never stop learning. Thanks Daniel
@mikevenniro19592 жыл бұрын
I recently got an 1888 S Morgan dollar I knew it was fake but I sent it to my nearest coin shop and he said that it was a fake as well it's too bad that people do that soon as you get them we should destroy them so they can't fool anyone else thank you for your videos you're very knowledgeable I wish I lived where you lived so I can come to your coin store and buy a good stuff
@floydearlhoss2 жыл бұрын
back when platinum wasn't worth much, in Russia they used it to counterfeit gold coins by plaiting the platinum with gold
@30anvz282 жыл бұрын
I bought 2 $10 gold pieces years ago knowing they were counterfeit. I gambled they we’re still some % gold knowing even most counterfeits were 14k. Paid $50 each total $100. Turned out they were 90% gold straight up. Sold them for scrap gold and walked away with just under $1300 for the pair.
@CoinHELPu2 жыл бұрын
Nice. Usually they're gold in some capacity.
@30anvz282 жыл бұрын
@@CoinHELPu I had no way to test them and just figured $100 I wouldn’t mind gambling I couldn’t figure I would lose
@georgematthews28772 жыл бұрын
Good Afternoon Daniel!🥤 My $2.50 is authentic! But thankyou for the GREAT info and an excuse to dig my type set out and tinker with it again!!😀
@Ontario1002 жыл бұрын
Always learn something new when I watch one of your videos. Thanks!
@appleztooranges2 жыл бұрын
This is one of the best counterfeit coin I’ve ever seen
@coinjack15432 жыл бұрын
This is why I’ve never bought one of these coins. I really do want one, raw, so I can actually hold it, but over the years my gut says that I will be fooled by a fake. Thank you for the video, Daniel
@doughensley62022 жыл бұрын
Buy a slabbed grades one from NGC or PCGS then.
@michaelgoodspeed8462 жыл бұрын
Thanks Daniel, another informative video, you are not scaring your viewers in my opinion, but blessing them with knowledge and actually saving them money. I believe knowledge is a form of power and wisdom. Best wishes to you and yur loved ones.
@endtheccp42282 жыл бұрын
It is indeed scary knowing that the counterfeits are identical to the real deal. Nonetheless it has to be known that these exist otherwise someone could get scammed.
@RealLifeFinance2 жыл бұрын
Great video. A few years back I bought one online. It weighed a tad heavy. FYI real ones that are XF and worse NEVER weigh heavy. In fact they weigh light. Turned out it was basically 18k. Seller took it back and seemed genuinely shocked it was a fake. Looked really good too.
@chesterraybon34422 жыл бұрын
Really appreciate it when you teach us about things.
@novicestarrstacker25492 жыл бұрын
This is insane to me and the reason I'm a Bullion Stacker not a numismatic collector. I wouldn't or many wouldn't be able to look for such small miniscule details to know if it's fake. Too much to worry about and not worth the time. Alot easier to be scammed on numismatics than bullion
@markkaidy87412 жыл бұрын
You have got to be vigilant about bullion too.
@doughensley62022 жыл бұрын
Well. If you numismstic collector. Just ny NGC or PCGS graded non details and your okay. If you don't buy raw your okay.
@texasjoe5572 жыл бұрын
You'd think the incuse would be harder to counterfeit but they are some of the best ones out there.
@stephendowling62002 жыл бұрын
Hugely informative!! You are truly a master in your field!!
@silverstanger11032 жыл бұрын
Great info as always ! I was actually looking at those coins just a few minutes ago today
@carol-44018 ай бұрын
Thank you! I am going to go check out my one indian coin right now.
@njlooksee2 жыл бұрын
Thanks! Always good info from you.
@MarkA-Coins2 жыл бұрын
Thanks Daniel ! Boy, that is really a good counterfeit. Many would overlook it and say it is authentic. Anacs is reputable and a great source to authenticate a coin. I've always wanted one slabbed with it being slabbed would make me feel good about the coin itself. Great advice ! and thank you for passing on your knowledge !
@jasonhastings55382 жыл бұрын
I mess with alot of emboss dies!!! Man who ever did the work is good!!!
@ltcol20052 жыл бұрын
Daniel you keep making the case buying raw coins is a big risk something i would never do. thanx
@PatriciaMaroney2 жыл бұрын
When you put the coins side-by-side, I could see that the eye on the face was further away from the bridge of nose on the authentic coin versus the fake coin. Great video! Appreciate you sharing your expertise and recommendations.
@Zaque-TV2 жыл бұрын
The necklace is thinner on the fake too
@jeemalsoknownasjimhawkins12942 жыл бұрын
Daniel: Another great video and what a convincing counterfeit! Back in the early 1970's, the Middle East was producing many very well-made counterfeits, out of 95% gold, to get around the gold embargo in the US that was not lifted until 1975. I unknowingly bought one, but years later was actually able to sell it for more than what I paid because a dealer was buying them all up to have them melted into gold bars. I wonder if what you have is one of those Middle East counterfeits? Regardless, thanks for posting this. Cheers.
@adamjam95412 жыл бұрын
Class is always in session when collecting coins, good video as usual
@stirlingengine87542 жыл бұрын
Always look for the orange/copper color in the depths of the incuse features. I have never seen an Indian without that orange coloring. Especially at the tips of the feathers and in the stars.
@evisceratednation Жыл бұрын
Well damn that's just great hopefully when the one i ordered online shows up its the real deal. Thanks for the tips and heads up on these coins.
@TruthLivesNow2 жыл бұрын
I have 3 Gold Coins Graded by PCGS. 1. Any more pre-33 Gold coins are going to be bigger than a $2.5 Gold. 2. Before you gave the advice it came to me, I will only buy pre-33 if they are Graded by the three you mentioned, even graded by ICG, or older PCI may be questionable.
@mdavid21002 жыл бұрын
Another good video. Thank you, Daniel.
@uwetetzlaff89672 жыл бұрын
Good points! There r books too on fake , counterfeit coins! Thanks Daniel!
@kristinebailey862 жыл бұрын
Wow that's a very interesting subject I know I would be hard-pressed to know the difference between the two.
@georgematthews28772 жыл бұрын
Daniel, there is also a big difference in the facial features!!!
@Mrgrumpypants842 жыл бұрын
great video as always! side note. took my wife and son on vacation this past week and detoured through portsmouth, i never knew how beautiful the country was out there. WOW! only wish it was during the week so i could have stopped by the shop, unfortunatly both times passing thtough was early morning on a saturday.
@CoinHELPu2 жыл бұрын
Yes, you should come through on a week day.
@Chris68152 жыл бұрын
I purchased a 1914 $2.50 Gold Indian but mine is PCGS with anti counterfeit features. I really like that it has the NFC scan. Very informative video. Thank you. I definitely won’t be buying any raw pre 1933 Gold. I will definitely stick with the graded/slabbed ones.
@texman81502 жыл бұрын
On the counterfeit it also looks like where the eyelash would be is a lot closer to the forward edge of the bridge of the nose than on the genuine, but maybe that's my eyes playing a trick on me.
@AnthonyFrisone Жыл бұрын
OMG!! I JUST GOT MY $2.5 1914-D TODAY, 9/20/22 I WATCHED THIS VIDEO, AND THE COIN I JUST BOUGHT RECEIVED FROM AN EBAY SELLER IT DOES NOT HAVE DOTS IN BETWEEN THE BLP!!! NO LIE THANK YOU!!
@joelkirby34302 жыл бұрын
I just checked and found one with no periods next to initials
@donhosick481011 ай бұрын
Thanks for the information. Good info.
@kenkaufman99982 жыл бұрын
Very educational! Kudos
@mistarichdontplay47952 жыл бұрын
If you don't want it!!!!! I would love to have it! Great video and appreciate the info 🙏👍🤙
@ericlusebrink7632 жыл бұрын
Note...now I remember I dug up the article on these counterfeit (yet with actual gold content) dollars and quarter eagles on the Eric p. Neumann numistic portal there are tens of thousands of old quarterly pamphlets, books, coin meeting minutes, musings and observations from old timers etc etc on the portal. Next question is how many of these little rascals are in safe deposit boxes, collections, little jewelry boxes etc.
@endtheccp42282 жыл бұрын
I presume they sell for well above the metal value if they're using real gold to make them.
@jasonhastings55382 жыл бұрын
Man this will fool alot of people!
@alfredparsons68112 жыл бұрын
Great vblog. Thanks for the lesson.
@ericjurgensen92332 жыл бұрын
Outstanding! thank you!
@bigredman31 Жыл бұрын
Great video! I just started collecting a few months ago. The gold “Indians” have quickly become the coins that I want the most but I’m too much of a novice to take the chance. Now, with fake PCGS and NGC slabs, there’s nothing in place to protect buyers like myself because I’m afraid most coin shops will take these in as real(they look so good!). There’s a 2.50 at one local shop at a fair price but I just can’t take the chance
@marc-bs8bj2 жыл бұрын
Thank you for the information.
@Cp-712 жыл бұрын
From what I've heard some of these can be composed out of actual gold since the Indian designs have quite a bit of premium to them.
@CoinHELPu2 жыл бұрын
They usually are
@bojo3602 жыл бұрын
I looked at a 2.5 dollars a few years back. It was made into a lapel pin. I Didn't know much about gold coins at the time. I passed on it because it had a soldering done poorly. Just didn't seem right
@gregs75192 жыл бұрын
My brother got burned on a 1oz that was machined out and filled. The machining was so precise, it wasn't possible to see where the 2 halves split even with a loupe.
@chrissahar20142 жыл бұрын
Never thought of checking closely for the periods between the coin designer's initial. Had me look at two $2.5 I have. First one in a better grade was easy to spot, the other a bit circulated was harder. Had to have one other good friend check they were there. Thankfully there is now a higher probability than before that they are authentic. I stopped after getting just two (raw) of these $2.5 Indian Head just because of how good the counterfeits were becoming. If I get another I will have purchase one slabbed showing it as authentic from a reputable grading company. .
@dalestoner29282 жыл бұрын
When it comes to those coins I would even take a ICG hollered one knowing it is not fake.
@dougwagoner26202 жыл бұрын
Good info Daniel
@xd-metal90262 жыл бұрын
How could they’ve missed the dots and have the rest of the coin almost perfect? I mean, is it that hard to strike the dots, knowing that that simple detail could bust them out?
@CoinHELPu2 жыл бұрын
Even the designer initials are off a bit.
@wegapaul36162 жыл бұрын
I just checked my Indian head coin and could not make out the dots with my eye…I did however make it out by zooming in my iPhone. It’s very very small. And min is authentic 👏😇
@nickgonzalez4052 жыл бұрын
I've bought a couple that tested at 14k, I was wondering if they'd be an actual counterfeit meant to pass in 20s or made later on to scam someone?
@terenceryan60515 ай бұрын
Very helpful thanks
@batch67922 жыл бұрын
Thankyou 😀👍
@Samscoinsandheavymetal2 жыл бұрын
Most of the earlier counterfeit gold coins, those made pre 1990 especially will be made of 90% gold. The reason being gold was much cheaper pre-1990 and the numismatic value of any gold coin was significantly higher than their gold content They could afford to make them in the correct composition as it may have cost $40- $60 in gold or even less at 0.125 Troy oz when gold was $250-300-oz but the common date 1/4 E Indians were trading at $100-200 in the late 80s
@JamesComstockCages2 жыл бұрын
Very helpful.
@ds947032 жыл бұрын
Ths is why I would only buy a PCGS or NGC graded gold coin.
@chrisstanford3652 Жыл бұрын
Thanks so much?
@PlumberStacker2 жыл бұрын
Awesome video
@rockymarcianothe3rd1352 жыл бұрын
Great. Given more reasons for people to fear their stack and sell outta precious metals. Good job!
@CoinHELPu2 жыл бұрын
The glass is half full or half empty? If no one educates on fakes and counterfeits then people will have them in their stack. So you would rather people be ignorant and unknowingly buy fakes and counterfeits and have them in their stacks and collections? With my information people can check their coins, melt their fakes, then use that money to make sure they buy non-counterfeit coins. It's a win, win. You choose fear, most people don't. Just read all the comments and see that.
@rockymarcianothe3rd1352 жыл бұрын
@@CoinHELPu fine. So your telling me this information will help stackers? Maybe? But anyone thinking precious metals could be a safety play will now pivot away. That's my only point. It's bad psychology. No??
@CoinHELPu2 жыл бұрын
Yes, it will help stackers and collectors, that's the whole point. When you think accurate information and education is hurting people then you're dead in the water. Sorry but education helps not hurts.
@endtheccp42282 жыл бұрын
That's downright terrifying how good it is. Who was making these counterfeits?
@HiTechFX2 жыл бұрын
Thanks I had to weigh the ones I have. I'm good....
@rightisright1002 жыл бұрын
I had a 1908 Quarter Eagle until about 12 years ago. I fell on hard times and had to sell it. I got $300 for it. I still have a 1969 Blue Book and in there the 1908 is listed as $22.50 in XF...lol This year I replaced it with an American Eagle 2022 One-Tenth Ounce Gold Proof Coin for $315. It's a beautiful coin but you need a magnifying glass to see it
@bradleyozbun1012Ай бұрын
💯 on the 411 # Thx. You sir .
@calangels732 жыл бұрын
There's a raw 1913-S Half Eagle on e bay right now. Missing dots between BLP. Up to $699. Emailed seller to take another look at what he's offering.
@BruceGordon9252 жыл бұрын
"So close" Couldn't it just be an unknown die difference? I'd think there would have to be many more examples to make sure?
@CoinHELPu2 жыл бұрын
Nope
@johnshoosmith2 жыл бұрын
I don't have any American coins ( lol) but, wow this is excellent even for the world coin person.
@jcpicks2 жыл бұрын
$2.5 and $5 Indians are the most counterfeit gold coins in history.
@johnengland86192 жыл бұрын
I feel safer with 1oz silver rounds, also it's more befitting my financial status
@okgroomer19662 жыл бұрын
I have a few of these I purchased as fakes. One of them is indistinguishable to me. It's well circulated and that hides whatever faults it might have had. Only way my LCS found out was his xray machine. It's 90% gold but the alloy is off I guess. I should destroy it but I like to see if people can catch that it's fake. Most don't.
@tedsmith50582 жыл бұрын
Hello from the great state of Michigan
@CoinHELPu2 жыл бұрын
Hello from the great state of Ohio, home of the Buckeyes!
@southofhollywood41992 жыл бұрын
That's why I only buy bullion these days.
@trackpackgt8772 жыл бұрын
Even if it's fake if the golds real I would still buy it 🤷 I buy for the gold weight anyway. Cool video bro
@sidcolwell74792 жыл бұрын
I hope the gold crown (tooth) I have isn't counterfeit.😱
@endtheccp42282 жыл бұрын
If it is worrying you do multiple tests on it including the specific gravity test (that wasn't shown here) and if you have real crowns of the same type do a ping test. Then get a grading company to go over it.
@Keifsanderson2 жыл бұрын
Well, I suppose if I wind up with one of these fakes, I can at least be happy I have the gold content.
@opnwndo2 жыл бұрын
I have gold plated silver ozs...that are magnetic...lol.
@mawinumismatic65082 жыл бұрын
Heloo..mr...good coin...tangk s..
@michaelaskay2 жыл бұрын
One of these days I would like to trade my 1892s Barber half that I found metal detecting for a gold coin or a junk gold coin
@jbiggerstaff-qe5wy3 ай бұрын
Ii was going to get one of the Indian gold coins but ill trust what you think see ya
@jeraldspannagel52892 ай бұрын
The first one is counterfeit. The 2 Nd is real. They weigh 4.18 grams. I have a 1911 P and it’s 100 percent , the real deal. Cost me $300 in 2011.
@markkaidy87412 жыл бұрын
Will you use an XRF to get its composition?...Maybe it is still gold and has melt value?
@ericlusebrink7632 жыл бұрын
I've had 2 of those myself and just as bad are the little gold dollars there are thousands of counterfeits of these in the market VF-XF and they are very very well struck - thankfully I had a scale, sigmapro and slabbed examples to compare with. I no longer buy ANY gold dollars or quarter eagles unless their slabbed. Problem is their content is gold but how much? 40 60 70%? they never read within bounds on the sigmapro. I read in some old coin pamplet/quarterly on the web from mid 1980's (sorry I can't recall where) that these originated and were widely used in the Arab and meditrainian regions and are worn due to their being better part gold and used extensively in commerce thus the worn VFish look. Someone somewhere had a very successful run with these and they being a good portion gold and weighing very close it would seem perhaps an actual foreign coin mint may have been pumping these out in 19th century. There's more mystery to these than answers...perhaps we will never know. Bottom line when I see these on ebay or LCS I don't walk away I run. Excellent download thank you at 3 4 500 bucks for these little rascals its too risky for me buying them raw.
@endtheccp42282 жыл бұрын
What about modern eagles?
@nothingmanofgod.62882 жыл бұрын
I am eternally gratefull👽
@brandonmontooth49363 ай бұрын
Ive got a an uncirculated 1897 and indian head and 44D but i think they may be counterfeit. What should i do their in a case with 44 steel and a 96 zinc. I dont want to ipen it
@kennethdicarlo713117 күн бұрын
Ok, I'm scared to death. I love gold but think I'll just invest on line( ie: GLD, SGOL)😊
@brianraper82142 жыл бұрын
once got a $ 5 gold indian head 1912-s super nice sent to pcgs came back fake.. pcgs said in a side note one of the best fakes they have ever seen...i was sad ... i did get mony back and they were the sad ones '''''''''''''''
@user-mk3ss9nx7h10 ай бұрын
And yet Sir, even the cases are being counterfeited too. Gotta check the cases as well.Just because it says NGC, PGCS or ANACS doesn't make them a safe & sure bet either. And then it's best to check and compare those coins in a case with the photos these grading services have on their websites, if they are available. Check for every ding, scratch and stain to make sure they match. BTW, I don't think your fears are unfounded & even when the coins are legit, they may have flaws unseen when you get them in the mail.
@DominickGiammarinoAZ2 жыл бұрын
Well it's not in a PCGS holder so I would never buy one, I'm done buying raw coins for the rest of my life, The Only Exception is if, no, no exception, I might buy rolled coins or collector coins from the US Mint but that's it
@ceciliovillanueva76552 жыл бұрын
As a Newbie Stacker!....-Thank ya so much Daniel fer Posting this Informative Video!Can you do more on counterfiets when you getta chance....I think the FANS want to know a Comparisons between The U.S.,China&World Conterfiet Coins,Tokens&Notes!!!..
@rockymarcianothe3rd1352 жыл бұрын
So it's the same hold content in weight so its difficult to catch. At least its actual gold in weight even though it is a cheat.
@armadilllo2 жыл бұрын
second looks real, I have no idea
@retiredoldguy92102 жыл бұрын
Does anything ever get by ANACS??
@rayone1972 Жыл бұрын
Cheap china scale probably not precise enough to determine
@jimgoodreau1245 Жыл бұрын
If it's gold and it way right it's good enough.
@JimRedland8 ай бұрын
1911 areas to look at on 2 1/2 Indian Gold coin?
@patmayer72222 жыл бұрын
,,,,yes,,,,,hello from land o' lakes,wi...I recently acquired a pair of gold cufflinks,,,with two Indian head 2.5 coins in them(almost threw them in a costume jewelry box),,,I took them to my local pawn store,,,they took them out of their rims,,one a 1925,,one a 1927,,,,and verified them through a coin authenticator,,,,the 25'was 97% pure,,,the 27' was92%....and also learned that there are fakes out,,,,!..because of being in the links,they had an almost uncirculated back(eagle),,very light scuffing on front,,,,so we both had a good day,,they made a little money,and I cashed in on something I almost threw out!!!....until now I thought I knew a little about money,,,never knew about these Indian gold coins,(3 different types)..but what a great find,,,I'll never forget.....tnx.
@sharonh72202 жыл бұрын
Hi Daniel, thank you letting us know about this wide spread counterfeit trend. It’s pretty scary when the look and weight are very similar. So am I correct in assuming the only real difference is the dot between the initials? I remember the good ole days when you can see something you like and purchase it without having a pit in your stomach bc you got scammed 🤦♀️. Thank you for another great video 🥰
@endtheccp42282 жыл бұрын
Things change...
@ultramagapurebloodpride82942 жыл бұрын
I just figured those were all fake. I won't touch them.
@joyceevans96442 жыл бұрын
I HAVE MSNY NEW 2022 QUARTERS, 1 OF THEM HAVE A GOLD HUE TO IT, WHST DOES THAT MEAN??
@gregs75192 жыл бұрын
It means they are worth $0.25
@georgematthews28772 жыл бұрын
Daniel, there is an irony here for me. Native Americans in Minnesota called my favorite tribe, the Lakota Souix, "Snakes In The Grass" before driving them west to the plains!! I call counterfeiters and hackers "Snakes In The Grass", for lack of a worse adjective which would not be appropriate to speak in public!!!!!