Constitutional silver and gold is the easiest to spot fakes by just your eyes. There are tons of ways to check. A pocket pinger, a magnet slide, a Sigma verifier, acid solutions, and more. The number one faked item is a one ounce gold bar, second is the Morgan silver dollar.
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Thanks, that's a valuable tip right there as I didn't know that the Morgan silver dollar is the second most faked one. I've been checking listings with these lately and almost bought one not too long ago. Now that I know this, I will definitely hold off to that for a bit, haha.
Great info, thank you.
If you are looking for one please find a true coin dealer. The amount of fakes out there is staggering and without a trained eye they are getting harder to spot.
It was more that I found some coins I put in my favourites to check later, compared prices and it was one I had my eye on. Now that I read your comment, I'm definitely not going to purchase that one anytime soon, unless I can either buy it in a shop in person (assuming they won't risk selling fakes as they get in trouble, which is another assumption btw) or if I know how to make sure I can check it.
Until then, this one is not on the table for me, and I will just go for others. This is why I love this community so much, these are the type of things you can't just learn all at once and we live and learn by mistakes but I'm happy you prevented me from this mistake I could have made otherwise.
Thanks again, I think this is my final !PIMP for today :)
Don’t be afraid at a local coin shop. They can’t afford to sell you fakes they will lose tons of business if that gets out.
I totally understand your trepidation, but I’m sure you will find one.
!pimp
To be honest, the only reason I have not walked into one of these shops here yet is not even the language barrier, because I know I can overcome any struggles that may (will) arise in these shops easily. It's simply the fact that I hate going into that particular city and love to stay in our corner where they don't have such shops. The city is not my thing (this city at least) and parking is a nightmare :)
We have to go there in the not so far future for some paperwork stuff and when we do, I plan on going to one of the coin shops to see what they have there. Until then, online it is.
It's good to know that I'm probably right about them not being that stupid to risk selling fakes. And who knows when I have one that I have my eye on, at some point a dealer can find it rather than me not being able to.
I'm just starting and my next silver rounds will be the silver mermaids in honour of my two daughters. I'm taking it one piece at a time and dream a bit here and there at the same time.
Thanks again for the advice, I really appreciate it!
I totally get it. Unfortunately I don’t have one close by anymore. But that’s the way to go.
Very nice, can’t wait to see the post.
We all learn from each other.
!pimp
Too bad you don't have one close anymore but with your years of experience you probably have a huge network of trustworthy people that you can connect to and buy from, which is worth so much!
It's not the same but when I had my web shop in the past, having these close connections with wholesalers was worth all the time I spent on it for sure. It's paid of the time invested times many times for sure. I reckon that it's the same in this world.
Scammers will always be there, but some good common sense and learning from experienced members comes a long way :)
Thanks for the pimp!
You must be killin' it out here!
@thisismylife just slapped you with 20.000 PIMP, @silverd510.
You earned 20.000 PIMP for the strong hand.
They're getting a workout and slapped 4/4 possible people today.
Read about some PIMP Shit or Look for the PIMP District