Massive FAKE Silver Scam Operation

Massive FAKE Silver Scam Operation - BUYER BEWARE

Рет қаралды 374,065

Күн бұрын

In this video I talk about all of the fake silver that is now flooding into the bullion marketplace. This massive silver scam has been going on for years, but it is getting worse. The new fake silver coins are much better than the old fake silver coins. I talk about all of the fake American Silver Eagle coins that are now out there. It is illegal to sell these fake silver coins, but the companies from China don't care. Many people have been scammed by these fake bullion dealers and I want to put the word out there. I have seen fake silver bars, fake silver coins, and fake silver bullion before , but never anything this good before. The fake silver eagle that I purchased weighed correctly, was not magnetic, and even had the silver eagle security feature duplicated. The silver eagle did not end up being silver I believe it is made out of copper and silver plated. Please share this video so less people out there will be scammed in the future.
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Topics I cover in this video: fake silver, fake silver coins, fake silver coin, fake silver eagle, fake silver eagles, fake American silver eagles, fake silver bars, fake silver bullion, silver scam, silver scammers, silver eagle, American silver eagle, American silver eagle coins, fake silver eagle coins, not real silver coins, silver investing, silver stacking, fake silver eagles from china, fake silver eagles on ebay, fake silver eagle dollar coins, counterfeit silver, counterfeit silver eagles from china, fake 2023 silver eagle, fake 2023 silver eagle coins, fake silver eagle security feature
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Пікірлер: 1 400

@daviddixon2209 Жыл бұрын

I bought 5 of these in an ebay auction. If this happens to you, the one thing you DON'T want to tell eBay is that they're counterfeit. Ebay makes you jump through all kinds of hoops and they take forever to refund your money. Instead, you should say that the item was not as described. I claimed that they were mislabeled as ASEs but, they were actually theatrical props. I returned the fakes and had my money back in about 5 days.

@theambiguoustruth8167 Жыл бұрын

Did you look at the dealer history or location?

@daviddixon2209 Жыл бұрын

@@theambiguoustruth8167 The guy had a decent rating and several hundred auctions

@snoopu2601 Жыл бұрын

Thanks for sharing, I like buying from my local coin exchange. Person to person they have been in business for many year's. Even then I would have to get a second opinion just in case a fake got through them some how.

@RZ500KID Жыл бұрын

When they sale 10 for $168.00 it's hard to pass until you get them and check them yourself. I'm trying to get money back Now, Mexican Aztec Coins which are beautiful.

@stillwatersfarm8499 Жыл бұрын

I bought through Ebay and they refunded no problem just took a bit. I just clicked that they weren’t as described, and when it asked for an explanation I said they were counterfeit and posted a photo of them stuck to a magnet. It gave me a label to send them back and I sent them, but they came back to me. Then I contacted Ebay and said they came back to me and I think they were scammers, and Ebay refunded my money. It didn’t require a lot of hoops, but it took time doing it that way and probably wasted more of Ebay’s money, but I didn’t see how to report it without going through the prescribed channels on the website. 🤷🏼‍♀️ Lesson learned I guess.

@bigbomberstacker9321 Жыл бұрын

Anytime I see fake silver ad's on social media. I report and block them.

@TheSimba86 Жыл бұрын

I report them all the time also and facebook has never removed a single one, they don't care so long as they are getting paid to run the ad

@strategygalactic Жыл бұрын

Everyone needs to make money. Chill out

@nobiden3134 Жыл бұрын

Why would anyone want to trade a FAILING CURRENCY for Precious Metals?... cant help but think there's a new alloy that replaces the demand for Silver.. like Stainless Steel for jewelry...

@bobfrantz534 Жыл бұрын

And u know they're fake bc it says so

@bigbomberstacker9321 Жыл бұрын

@Bob Frantz no, I know they're fake because you can't buy an ASE for $20 online. Hello red flag! Common sense, but that's hard to find these days. Good luck.

@mackk123 Жыл бұрын

back in the day the punishment for counterfeiting was fatal

@busterbiloxi3833 Жыл бұрын

Put the Maronites in jail.

@janjapopadartza3557 Жыл бұрын

@@busterbiloxi3833 And the counterfeiting Zionist with the federal reserve bank which is totally illegal under the constitution

@josephunruh7353 6 ай бұрын

F... China!

@ttm1093 3 ай бұрын

Most fakes are made in China where there's no law against it.

@TylerLarbes 8 ай бұрын

Buying the FAKE to show us in the vid is expert level, and just really commendable. Imagine us all taking our hats off and bowing in thanks for your effort in exposing this!

@MikeBarbarossa 6 ай бұрын

I wanted him to cut into it to see what it was

@Fstcars666 Жыл бұрын

The Chinese rip everything off 💩

@carystorm1863 3 ай бұрын

I got burned as well ,should've known buy 2 get 1 free, bought 2 2023 silver eagles and two 1/2 gram gold coins got me for about 180 bux which also shows how dumb I am,return address was hard to read but it looks like they came from africa ?

@OzGeologyOfficial Жыл бұрын

The website is back up and is selling different items now. So messed up... Thanks for spreading the word.

@evilgenius3646 Жыл бұрын

This is highly upsetting. What happens in the future when we need to liquidate our silver? Buying from a reputable dealer is all well and good if you never have to sell the coins. But how is a buyer supposed to trust your coins are legitimate when the market is flooded with fakes?

@ToadsTho 6 ай бұрын

They'll test it, just like he did in the video. Fake silver will fail the tests, real silver will pass. Nothing to stress over unless you're a dealer, then you've got to be more vigilant, unfortunately.

@TheQuickSilver101 Жыл бұрын

I knew the notch was going to be a huge nothing. That is a frightening fake. Thank you for doing this video!

@enginenut Жыл бұрын

Please at this point cut the fake in half and do a follow up video. Possibly heat up a piece so we can see the suspected copper to silver plating separation. Excellent and informative. Thanks for the 28$ sacrifice.

@Run4Ever77 Жыл бұрын

But first show it in a ping test, and with a simple phone app ping test please!!

@michaelb6488 9 ай бұрын

In the process of getting a total Ebay debacle settled right now. Ten eagles that were just slightly less than other seller's--passed the magnet and ping tests; however, there were subtle differences on the coin's markings (the branches had little "berries" and the denticles were just slightly larger). The seller shipped from a New Jersey address that was an abandoned factory, despite being located in California, then used an arbitrary return address of some empty land in Burbank. It immediately forwarded to another arbitrary location, then gets stuck in postal limbo. As far as returning them, use the not as described option, and if it doesn't get to the return address promptly, stay on top of the Ebay case so it remains valid. I feel that these people are using the returns process, and the difficulty in navigating Ebay's support to make returns super difficult.

@dathyr1 Жыл бұрын

Thanks for all the information on these coins. I am not a coin collector, but it is nice to know what scams are going on with Coins.

@dragonshoardstacker Жыл бұрын

The sophistication and amount of work these scammers put into tricking people is diabolical wish they would put all that work into a real job instead of fake coins but people buy them and they keep doing it its sad but you bringing this to light is great thanks my friend

@krauthead4 Жыл бұрын

You'd think the time and money put into fakes wouldn't be worth the money they get out of it. Crazy.

@JB-ej8zy Жыл бұрын

Yea it isnt like they are selling them for 1000 dollars its stupid what length these idiots will go to instead of just getting a job.

@russelder9743 Жыл бұрын

@@JB-ej8zy I think they get a thrill out of ripping off Americans

@iamgabriel5823 Жыл бұрын

China has millions of political prisoners in detention centers. This is cost free labor for them. When those poor people can no longer work, they sell their organs. STOP BUYING PRODUCTS FROM THAT LARGE ASIAN COUNTRY!

@goodbyebluesky5770 Жыл бұрын

The Chinese are hurting the coin business on a massive scale. They counterfeit EVERYTHING! Silver Eagles, Chinese Pandas, Maple Leafs, PCGS graded Junk Boat dollars, Peace & Morgan dollars and MANY more! ....they actually have contests amongst the counterfeiters to see who can do the best counterfeiting. It's getting out of hand

@jmr9735 Жыл бұрын

Wow, that comparison at the end of the video was wild! It's so unfortunate that we have to question EVERYTHING now.

@cockyhemi-123 Жыл бұрын

Humans have always had to question everything. If you don’t you are a puppet on the end of someone’s strings.

@williamthompson1455 Жыл бұрын

We always had to. . . Wtf are you smoking? I want some. I also have a past I want to glorify.

@DoctorShafty Жыл бұрын

Damn. Fakes are getting good. The eagle really needs some better security features.

@Evom777 Жыл бұрын

Agreed, and considering that it's the U.S. Mint, one would expect them to have better features than a pathetic indentation on the rim.

@mountainghoti1671 Жыл бұрын

@@Evom777 The silver Maple and Britannia both have a brilliant added feature; the US hasn't ever really cared deeply about counterfeiters.

@ewmegoolies Жыл бұрын

To bad China pays F J B to ignore currency and mint forgeries!!

@kirbdawg5307 Жыл бұрын

Thanks Silver Dragon 🐉!! Good looking out as always!!!

@LadderMover Жыл бұрын

Thank you for the warning, also need to watch out for fakes that are priced as genuine and as you said, only buy from a reputable dealer.

@WorldMoneyWins Жыл бұрын

Thanks for putting out this warning!! Spread the word everyone! :-)

@lamartinezola8507 Жыл бұрын

They dont only come from CHina.. stop projecting your evil thoughtts on others: countries with most fake stuffs. 90% of stuffs you buy in America is fake

@janicejohnson1334 Жыл бұрын

Hell ya Spread the word . . . . I'm telling EVERYBODY I know

@R.L.Thomas Жыл бұрын

This warning he put out has been out for 2 years, this hype is a marketing ploy to sell silver to people like you who take things at face value. I googled fake coins and that's how I found out the warnings have been out there for 2 years. You can tell by his emphasis on fake coins with words like" massive" and capitalizing the word fake. As far as I am concerned he's dancing on the line between honest and sleazy.

@JeffreyAllanBackowski Жыл бұрын

What do you think of Jewish people? I think they're f*cking awesome. I wanted to hear Money's view of the relationship, because it is no secret how Jewish people feel about you, but is that love mutual, do you feel used, I always see you past around men, changing hands, exchanged for goods and services, only to be discarded like trash when you are old and wrinkled :-(

@courgettee Жыл бұрын

idk, if dumbasses want to waste their money who cares

@chaicharin Жыл бұрын

Wow that fake was really good but it sure looked funky. You forgot to do the ping test on it as well.

@lamartinezola8507 Жыл бұрын

They dont only come from CHina.. stop projecting your evil thoughtts on others: countries with most fake stuffs. 90% of stuffs you buy in America is fake

@yangpiao849 Жыл бұрын

I've definitely seen some fake coin scammer ads on fb - blatantly bogus prices, weird unrecognized names (no reputation), everything not adding up if you really look at it, etc. I'm a normally suspicious person so I look for things like that, but unfortunately many do not. Thanks for putting this out!

@SilverDragons47 Жыл бұрын

you are welcome!

@mikes9759 Жыл бұрын

I'm glad I checked this channel!! I have been watching the market to purchase some precious metals and I have learned a scary amount of knowledge in a short period!! Boy the scammers are really going through everything imaginable to take advantage of unaware people!!! Thanks to Silver Dragons for putting this out there!!!!

@flyboy1616 Жыл бұрын

I got 5 from one purchase that were fake last week from eBay. I complained and the seller immediately refunded me. The seller wanted me to change my negative feedback so they could continue their scam. I said nope

@RichieMain Жыл бұрын

Same. exactly the same

@flyboy1616 Жыл бұрын

@@RichieMain I just went and checked and the listing was removed so not even visible and so is my feedback.

@mountainghoti1671 Жыл бұрын

@@flyboy1616 Playing the system is all part of the scam. How did you know they were fake? Did you keep any? Cut or drill to check the insides?

@flyboy1616 Жыл бұрын

@@mountainghoti1671 other feedback said they were fake. I didn’t see the feedback until they had shipped but not been delivered. I check doing the ping test then weighed them. Ping test hasn’t let me down,

@jamesdennehey1383 Жыл бұрын

@@RichieMain same

@mattalderton3723 Жыл бұрын

Great message Dragon I personally only buy from bullion dealers and a couple of coin dealers I've been dealing with for over 30 years but unfortunately there's so many people that buy other ways and I hate to hear about them getting ripped off

@hustledelphia460 Жыл бұрын

So what are some of the bullion dealers that you deal with if you don't mind telling

@alanroberts6918 5 ай бұрын

SDbullion is legit.

@no2thenwo737 Жыл бұрын

This once was seen as an act of war. Thanks for the heads up.

@dennisdragomir7572 Жыл бұрын

getting Biden dems to enforce our laws? hahahahahah.. Look at 100,000 crossing from Mexico

@teresahiggs4896 Жыл бұрын

As much as the goverment is bought by China, they don’t care what China does anymore . Even if it destroys America. As long as they keep getting richer and stay in power.

@CW-pw2eu Жыл бұрын

I just started out buying silver late last year with no knowledge and bought 6 (for my children's Christmas presents) of the fake eagles on ebay. Once I figured it out and they were jacking me around about a refund I went straight to ebay and they refunded me within a minute. Whew at least my rookie mistake only cost me time, stress, and a bit of embarrassment. I bought some rounds from a reputable dealer and for just a bit more in money my kids finally got their late Christmas presents and first silver.

@ItsEverythingElse Жыл бұрын

A tube or two of these $2 fakes from Alibaba might make a nice distraction for thieves.

@sjrr124 Жыл бұрын

That is what I did! I have an unlocked safe with a bunch of fakes. My hope is that a lazy thief will think they scored and run before finding the hidden safes.

@stardust949 Жыл бұрын

thank you for letting your subscribers know ~ it figures, right? so sad. times are worrisome enough right now.

@katnass Жыл бұрын

Denis is one of the most stand up guys I've had the pleasure to work with! Thank you both!

@christianelder4983 Жыл бұрын

Yeah well he needs to check up on his recommendation for SD bullion. I put in an order last week they are doing a float on the money and the order won't come in until next week. They claim it takes 3 to 5 business days to process the money through their account and 3-5 more to get it shipped. He needs to let folks know they're going to hold onto your shipment while they get interest on the float. I told them I wanted to cancel and they are going to charge a fee for that. I have real concerns whether they are actually legit, definitely not consumer friendly.

@KA-vs7nl Жыл бұрын

This is why china will never win, everything in their society is fake

@brendabrown5530 Жыл бұрын

Thank you for this valuable information, I had no idea this was going on. Thanks please keep up the good work.

@ColoradoCarGuy Жыл бұрын

Ok I have 5 fake ones I got from Ebay, out of china, and they are not magnetic, they come in at 1.09 the ping is off, and the missing reed is correct, but the reeds are twice the size. I also noticed that it does look like a flat spray painted look. But it's the reeds that was the biggest give away. I will be taking one out to the rifle range and put a hole in one first chance I get.

@theambiguoustruth8167 Жыл бұрын

Ebay tells you it's from China! Never buy any silver or anything from a China! It's always fake!

@karengranger1631 Жыл бұрын

I bought two AE fakes on eBay. Easily seen as fakes. I did the same testing before I went ballistic on the seller and eBay. I bought these for $29 each back when AE were selling for $30-35 each. Threatened to turn them over to SS, FBI, and HS. My $ was refunded by the seller the same day.

@J-Rad- Жыл бұрын

did you get to keeep the fakes? i have a drawer full of fakes i got for free essentially that way...gl!!

@Matt.P. Жыл бұрын

And did you turn them in?

@JRJStacks Жыл бұрын

@Jake Whitaker a good way to put a hurting on sellers of fakes and grow a collection 😅

@mariwillalwaysgivethanks Жыл бұрын

Good for you to take it all the way!

@ChatGPT1111 Жыл бұрын

Yep, and you're really not doing anyone in the coin hobby a favor by not turning them in. They will just sell under a different ebay account.

@M_R23 Жыл бұрын

@Silver Dragons - Can you do the Ping Test too on the fake??

@MinimalistOutdoors Жыл бұрын

Thank you for sheding light on this. 👍

@stephenparker5241 Жыл бұрын

Ping test Ping test Ping test Ping test.... All together now... Ping test Ping test....😂

@aliekatsmom 3 ай бұрын

😅😅😅cuteness

@chassisresearchkid 3 ай бұрын

Too late. You already bought it.

@timjones7433 Жыл бұрын

Thanks for putting this out there.

@matthewwynne939 Жыл бұрын

There is a mild bit of irony to having a video coming out today about fake coins. I had gone to a local coin shop today to pick up some junk silver and when I got home I found a 2007 quarter mixed in. I'm not saying that the shop did it, or even that it was sold to them intentionally like that. Just always have to be on the lookout.

@QuestoDomini Жыл бұрын

I bought a fake on purpose to use for a desk decoration at work. I always get compliments on the piece and encourage the handling of the coin. I find it’s a great tool/conversation starter to talking about precious metals. To this day 3 fellow employees are now interested in getting into stacking.

@RobertLee-wi5kc Жыл бұрын

Might not want to advertise this. I believe possession of counterfeits is illegal. (not a lawyer). Even if your reasoning is good I remember a story of someone who collected counterfeits for educational purposes and they were confiscated by treasury agents.

@bobsacamano7653 Жыл бұрын

I wish something could be done to stop these scams.

@ct87gn25 Жыл бұрын

Perhaps we can get Hunter to talk to his Chinese friends?? Just sayin......

@dennisdragomir7572 Жыл бұрын

I bot from ali to have actual fakes to examine..

@duckhunter8387 Жыл бұрын

@@dennisdragomir7572 I bought a bunch from Ali too. Going to hand them out for Holloween.

@bobsacamano7653 Жыл бұрын

@@duckhunter8387 buying fakes will just get them to make more fakes.

@Raycheetah Жыл бұрын

@@duckhunter8387 Don't do it. Legally, US Silver Eagles are *CURRENCY,* which means you would be guilty of circulating counterfeit money. ='[.]'=

@misterc6012 Жыл бұрын

Thanks Silver 🐉 Scammers NEVERr let a crisis go to waste. Some are easy to spot out like these you mentioned. Thanks again for being a Watchman and another Awesome video How do you stay "off the radar" and trust the black market at the same time...

@Evom777 Жыл бұрын

Buy a Sigma. 😉

@misterc6012 Жыл бұрын

@@Evom777 , Lets go halves...LOL

@davidkeetz Жыл бұрын

omg - that doorbell freaked me out so hard. I was watching this super late at night and thought someone was at my door.

@BillGuyHawaii Жыл бұрын

THANK YOU FOR TELLING EVERYONE. New stackers all the time. Help new people out. Right on Brother AAAAA PLUS

@HZaP Жыл бұрын

WOW! Does it pass a ping test? Sharing this Thanks..

@1000millionbillion Жыл бұрын

Another reason to buy silver maples or Britannias which have good security features.

@ericburns5359 Жыл бұрын

Always shop from a reputable dealer. Beware of things that are too good to be true. Do your due diligence before laying your hard earned money down.

@wesleybodenbender2266 Жыл бұрын

Please do ping test, ice test, gravity, tarnish it and whatever else you got to throw at it. Its killing me!! First time commenting on any video in my life. I'm just so intrigued. Thanks silver dragons.

@TuliTuli_ Жыл бұрын

Good looking out SD

@Azcoinandbullion Жыл бұрын

There are a lot on eBay. Obvious signs are a lot lower than everyone else. And biggest red flag is it ships from China or Hong Kong.

@mountainghoti1671 Жыл бұрын

Or Cali- especially San Fran. Stay vigilant!

@albertr3345 Жыл бұрын

Thanks for the info.

@johncollins6913 Жыл бұрын

Grade information, thanks for sharing! I followed your lead and placed my first order with SD Bullion. Looking forward to putting some Scottsdale mint. Cowboy commemorative rounds in my stack.

@ynot552 Жыл бұрын

Wow, scary fake, would it pass the ping test!!? Most people don't have an expensive sigma

@aidenz4937 Жыл бұрын

eBay is still a good place to buy silver coins, there are some honest sellers. But just be careful!

@kryptobear2444 Жыл бұрын

Yes , and take your time to look for " silver plated " or " copy". I know that's really obvious , but they deliberately omit it from the title, then stick it into the description. However in such cases you will be given a refund by Ebay because they should have made it absolutely clear in the title that it's not real.

@ct87gn25 Жыл бұрын

Yep, all the 'big guys' sell on there too. Stick with the major 'known' PM sellers and Ebay is fine.....

@firetomd Жыл бұрын

thanks for posting this, good job.

@theodoreboosalis Жыл бұрын

JC - that's nuts. Buy from reputable dealers - then you will not worry about it. 2023 Silver Eagles at SD are ~45 for small orders.

@Sano_Ohno Жыл бұрын

I saw that add in FB and I almost bought 30 pcs I’m glad I stick to my guts that the prices are too good to be true 😢

@KnivesSurvival Жыл бұрын

Wow I cant believe it passed the weight and magnetic tests

@ben11628 Жыл бұрын

How is it possible to pass the weight and magnetic test both?

@dennisdragomir7572 Жыл бұрын

@@ben11628 copper coin with a tungsten pellet

@ben11628 Жыл бұрын

@@dennisdragomir7572 but tungsten is magnetic

@tarekyared4404 Жыл бұрын

@@dennisdragomir7572 Silver-plated copper.

@vassilikovalev7812 Жыл бұрын

Thanks Bro! Good job!

@markadkins9290 Жыл бұрын

Thank you for the info!

@ItsEverythingElse Жыл бұрын

This is another reason I refuse to pay the ridiculous premiums on ASEs. TBH, in a barter situation I would be more wary of someone using ASEs than other types of coins (though obviously you always need to be on alert for fakes with anything). The U.S. mint needs to wake up and start putting some real security features on ASEs. A tiny notch in the rim is NOT a security feature!

@dennisdragomir7572 Жыл бұрын

buy silver dimes

@2fathomsdeeper Жыл бұрын

@@dennisdragomir7572 Forget the dimes! On a huge silver estate buy, I wound up with $2000 face in fake dimes! They looked like brilliant uncirculated Mercury's, but 3/4 of them were magnetic. The rest failed ping, weight, slide, and Sigma.

@J-Rad- Жыл бұрын

Good point , me I would say half my stack is junk world silver ,I get most of it close to spot, it's almost guaranteed not to be counterfeit....but stacker KZfaq channels say don't buy world junk silver ,but I think that's the best thing to load up on, ...for a SHTF scenario....people aren't going to be paying high premiums if they are selling ammo or bread for a few ounces, I'll hand them a handful of schillings and call it a day.... fractional silver is going to be more barterable then ASEs...

@Bubba603 Жыл бұрын

I do not buy from from adds. It’s tempting sometimes but not worth it. SD bullion or coin shop. Thanks Silver Dragons!

@coinaz Жыл бұрын

Thanks for info!

@davidboyd4026 Жыл бұрын

Thank you for the great video and information 😊

@RicosBettaWorld Жыл бұрын

Thanks for sharing this information.

@thesarge4457 Жыл бұрын

Good Morning Sir, we have to do our due diligence, granted it could happen to any of us, so doing the background is a must for us P.M.'s stackers, Thank you for the warning and updates. Thank You Sir, your truly one of the good guys. THE SARGE

@christinemplaza Жыл бұрын

Thanks for the awesome video and giving us information how to stop a fake. Nice job!!!

@skexzies3673 Жыл бұрын

Where is the Secret Service in all of this? Isn't policing counterfeit currency part of their jobs?

@SmithsnMoz Жыл бұрын

I wish you could've done the PING TEST SD??

@CCFONESOL Жыл бұрын

Hopefully bullion dealers test everything they sell.

@Evom777 Жыл бұрын

You'd be amazed at the amount of them that don't.

@FloydThePink Жыл бұрын

When I buy or bid on ASE on eBay, I only buy from sellers with over 10k sales and at least 99.5 percent positive rating. And ZERO from outside the USA. The fakes I bought before were from a person with 274 positive reviews and 100 percent rating and USA address.. I bought 5 fakes for 160 USD. The fakes weighted 1.00 ozt, non magnetic, correct size, but plain didnt look right. I then downloaded the ping app, and that showed them as fakes. Keep up the good work, Dragons!

@FloydThePink Жыл бұрын

Forgot to add that eBay gave me back my money with 10 minutes of calling. I would guess it was that fast due to me not being the only one that was ripped off. Also, no fakes since I started buying from only those with 10k plus sales.

@jbb823 Жыл бұрын

Thank you for this detailed content!

@khukri_wielderxxx1962 Жыл бұрын

I just purchased from SD Bullion, highly recommend them too

@exiledmonastic4650 Жыл бұрын

Would have been interesting to have you do a ping test with them and compare that with a real one. Maybe you could do a short about that if you feel like it?

@mikefranklin1253 Жыл бұрын

I weighted the ones I got, they were .77 of an ounce. I bought through paypal and got my money back.

@exiledmonastic4650 Жыл бұрын

@@mikefranklin1253 i mean a ping test, not weighing them

@agpablo2885 Жыл бұрын

I agree. As Silver Dragon said, this is most likely a silver-plated copper round since copper is one of the few other common metals that are diamagnetic besides gold and lead. Of course, if it were "fake" in the sense that it was made of gold instead of silver, then I'm all for it!! Lead has a density similar to that of silver, which is a potentially a bit problematic. But , as you suggested, a good ol' fashioned cheap and easy ping test would have identified this one as fake right away regardless of what other metal (lead, gold, or copper) it was made of. Of course, if it was made out of lead, you don't even need a proper ping test, just drop it on a table and listen to the dull thud of a sound that lead would generate rather than the classic ringing sound of silver. Also, assuming the diameter checks out (if not, we can declare it fake right away), if the fake is indeed made of copper, the thickness should be about 15% greater than the real one since copper is about 15% less dense than silver. It looked like this was indeed the case when Dragons held up both coins next to each other. It'd be nice for Dragons to point out if this was indeed the case by placing them on a table right next to one another.

@rzbkfan190 Жыл бұрын

@@agpablo2885 A really good teaching comment. Thanks

@louisrauzi3872 Жыл бұрын

I'm a nooby what's a ping test.

@caseyjones7693 Жыл бұрын

Thanks for the info !

@slowstihatch677 Жыл бұрын

Thank you for the video!

@KennMSr Жыл бұрын

Is the FBI or Treasury Department not cracking down on this counter fitting of American currency? Thanks for the heads up, hopefully you’ll reach enough people to not make it worthwhile to continue producing these fakes.

@user-lt6kk9yc6o Жыл бұрын

Why would they they want you to use Fiat

@dinklehimerschlitz9111 8 ай бұрын

its not currency. its a token.

@elwingw4321 7 ай бұрын

China loves to make fake products. No ethics. They love to scam Americans. FBI has its own in house major corruption issues.

@user-gt4jz5ps8s Жыл бұрын

That's why I go directly to my bullion dealer. He sets the product down in front of me,test and weigh it in front of me. I put cash down and walk out. He doesn't even know my name.

@dennisdragomir7572 Жыл бұрын

get the dealer to do the XRF test on it before you leave..

@boulderjoe1 Жыл бұрын

Thanks for the heads up.

@sticustom Жыл бұрын

Facebook and Instagramhave had ads for these on and off for ages but just lately it’s gotten worse. I’m pretty sure that paying $15AUD per ounce is a dead set giveaway.

@ItsEverythingElse Жыл бұрын

Should have done a ping test while you were at it. That is the one that most people will use.

@tgabe6163 Жыл бұрын

What is a ping test?

@RichieStacks070 Жыл бұрын

the ones I purchased failed the ping test. Failed using the Coin Tester app.

@Toshinben Жыл бұрын

@@tgabe6163 Drop one known silver coin onto the coin you're testing. The pure silver causes the ping to last longer. Piiiiiiing. If the test object is a different material, or bimetallic, it damps the vibrations and causes the sound to stop sooner. P'ng. If I'm remembering correctly, the different material should have a different tone. Get 2 pure silver coins and a plain old quarter. Clink them together and you'll hear the difference immediately.

@jfryer485 Жыл бұрын

@@tgabe6163 Most materials have a characteristic sound when rubbed or tapped without damaging the object. This can be done for crystal glass, gold and here for silver. Weight, size and using a magnet are normal methods to use as well. Some silver plated fakes can be very convincing at least to me! One dealer I buy from guarantees his coins are genuine for ten years.

@DjuroGazdic Жыл бұрын

Where can I find ping tester in Europ???

@sherieward7707 Жыл бұрын

Thanks for sharing Silver Dragons appreciate your time and the warning. The U also is a great fake identifier if it doesn’t have a tail it’s fake hope you have a great day Best wishes

@matthewgoode6695 Жыл бұрын

That is only accurate on 2021 Type 1 ASE's and older. All type 2's don't have a tail on the U.

@slimcatandme Жыл бұрын

Great info! Thanks 👍

@kymadness0344 Жыл бұрын

I just started to collect silver, bought my 1st 10oz bar, I appreciate this video! Thanks 👍

@christianperks4026 Жыл бұрын

I usually tag 5 or 6 Facebook ads per day advertising below spot price Eagles. Yet Facebook continues to post these ads.

@dennisdragomir7572 Жыл бұрын

post something against the democrats and see how fast you get a lifetime ban

@wasillastacker Жыл бұрын

Also always watch out for National collector's mint got me when I was first starting out for some supposedly gold coins started watching stacking channels like this and learned I was getting ripped off luckily that was several years ago

@sfkimrush Жыл бұрын

Even if the price is not too good to be true you can still end up with a fake. I am paranoid about this.

@robertcritchley1338 Жыл бұрын

Good morning all. I am a collector of world used coins. I've been collecting since I was 5 years old. I'm also a prepper. In these days, I would not buy new coins for bartering should the need arise. I put just one box in my wife's hands and warned her to be prepared for the weight. She works for a large shopping outlet and she exchanges the silver coins for today's currency. Stay vigilant all. Great vid.

@NewStacker Жыл бұрын

I got a lot of good silver from eBay but I always check the seller.

@ct87gn25 Жыл бұрын

100%!!

@kb3489 Жыл бұрын

I got 10 of these things a couple of years ago. Really difficult to tell they are fake. The measurment was not exactly right and the weight was not right when compared to real coins. Reported to my credit card which was a waste of time. Eventually just dumped in the trash.

@mikementzer7133 Жыл бұрын

Awesome video great information thank you

@geemeff Жыл бұрын

Those things are all over EBay bud! I almost fell for it, but then thought "Why is buddy selling this for 10 dollars less than spot, with free shipping". CAN'T be too careful.

@parsapersian80 Жыл бұрын

I wish you did a ping test as well on it

@jamesfleiter6207 Жыл бұрын

TEMU has them for $1.98, along with $50.00 Gold coins , Morgans, Peace dollars, Antique coins and Silver and Gold bars,all for under $2.00. I bought a few to see and I even bought a 2023 Silver coin that said 999 pure gold but it was Silver colored 2023 !.

@Userhfdryjjgddf Жыл бұрын

Another reason I've been stacking almost 10 years and still never wasted fiat on overpriced silver. Never bought an eagle never will.

@kingofmambo Жыл бұрын

what do you buy ? britannia and maple leaf ?

@ThePyramidone Жыл бұрын

I first encountered fakes on Facebook before COVID. Alarm bells and red flags were issued forth because of the expense per coin and free shipping. I researched these companies finding them to originate in China. I complained to FB but their algorithms inundated me with more companies selling the same fake products. They also changed their tune to add the word commemorative to Silver Eagles and Morgan and Peace dollars, then tried to sell Gold coins the same way. It took me deleting and blocking these sites before FB wised up. I did purchase some fake "commemoratives deliberately to serve as decoys, should my house get broken into. I won't buy from any Chinese manufacturer including Alibaba or on Amazon, Etsy, or eBay. I purchase from reputable coin and bullion dealers or my local coin shop only just as your video recommends.

@therealhawkeyeii7888 Жыл бұрын

Very few of us can afford a verifier. Does it pass the ping test??

@BlackCrossCrusader Жыл бұрын

What about the ping test?

@Pax_Veritas Жыл бұрын

I report this to ebay all the time and not only do they do nothing about it but they PROMOTE the listings. Many of the sellers have a rake of negative feedback and complaints but still ebay don't care. These coins are not just worthless but worse than that - it's a felony to counterfeit US currency and also to use it or sell it on

@Hippiebls Жыл бұрын

Great info, Ebay does not take these sites down after you report them. I love that slide you used, did you make it or purchase it online somewhere? Keep up your good work!

@InappropriateShorts Жыл бұрын

eBay is terrible I sent mine to the secret service

@johnno92silvertab Жыл бұрын

The detail in the eagle's feathers on the reverse is much better on the real one, especially on the right wing, right leg, and neck.

@tommystacker3286 Жыл бұрын

And the letters seem to be fatter on the fake.

@Billy_The_Brave Жыл бұрын

I'm guessing most people don't have one of the machines to test the metals so could you please do a ping tests on it?

@THEDRAGONBOOSTER8 Жыл бұрын

Great video.Thanks..

@jamesgills9207 Жыл бұрын

So glad to see you added ebay to your video. I noticed these awhile ago and even reached out to another you tuber to no avail. Never bought any, but I am sure alot of people have. There are multiple sites, all with very few or 0 feedback and almost all shipping from far east. Kudos!!