You are making a mountain out of a mole hill of worry with this one. Fake slabs are easier than a really good fake coin to spot. While most counterfeit coins are easy to spot -- due to improper weight, color, even design details -- the truth is there are many good copies that have fooled some of the most seasoned coin collectors! The slightly gold colour of this coin reveals it to be a fake. Alert members of the PCGS Message Boards were the first to notify PCGS of the counterfeit coins/holders. In recent days, counterfeit coins in counterfeit PCGS slabs have begun to appear on eBay, the online auction site. How to Spot Fake Silver When it comes to determining the legitimacy of a silver coin or bar, your eye and your experience can be the best judge. Analysis of the metal content showed the coin had a .918 silver fineness, above the US Mint standards for a silver circulation coin of the age. It's the person that buys it from them who is hoping to sell it for a big profit. Their intrinsic value will be just pennies. All of the counterfeit coins/holders seen so far are coming out of China. A genuine coin is used to create a die that is an exact mirror image of the coin. Fakes contain a number of giveaways when you look at the design of the pagoda on the tails side. REAL, COMMEMORATIVE, GENERIC or FAKE COINS . So, having seen the outrageous prices that some (often fake) coins bring, they want to get a piece of the action. ... As I have previously stated in other articles one of the best ways to protect yourself from this type of fake … At least one buyer has identified these coins as fakes and left negative feedback to that effect. One of the simplest and cheapest ways to make a counterfeit This includes any and all marks, scratches or other issues on the surface of the genuine coin. So, how can you spot a fake Morgan Silver Dollar? Ironically, the fakes out there can degrade or artificially boost the amount of money they may get for their genuine coins. Spotting a fake: the pagoda. Even the most obvious fakes can easily fool anyone who is not a trained expert. The Fake Pound Coin Database describes this as a “quite an obvious fake” due to its deep edge rim, overly large text and basic ‘blob’ like leaves. Struck Counterfeit Coins: A Family of Struck Fake Draped Bust Dollars. As a result, every fake struck from these counterfeit dies will have the same depressions (marks are called “depressions” on counterfeits). Remember the makers of them don't care, they're making a cheap product they sell very cheaply. Over $3,000 of "gold" coins have been sold by these sellers in less than 24 hours. If the coins are fake they will be composed of copper or a base metal alloy that is plated with a thin layer of gold. With Morgan Silver Dollars as popular as ever, counterfeiters are trying to cash in with advanced forgeries. ANCIENT COINS & MODERN FAKES How To Tell The Difference An Authentication Primer by Dennis J. 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