A Few Ways To Help You Realize If You Have Purchased A Fake Coin

By Max Wool


As there isn't any profile for a counterfeit coin, I check every raw coin I purchase. I've found fake old worn coins, brand new mint coins, cheap bullion coins, and costly rare coins.

There aren't lots of fake coins , but checking them is really easy that I make it a practice to examine every raw coin I get. I remain to be pleased whenever they pass. I don't like locating fake and want they didn't exist.

Whenever I receive the coin in the mail, I examine the coin through giving it the "ring" test that I've mentioned in various other articles. If the coin rings and appears right , I rarely pursue more assessments.

I even perform the ring test on the coin store before I buy. I often get strange looks from the counter person, yet I made a decision that if there's a problem with the item, I would like to take it up right in front of the dealer. I don't want them to say I walked out of the store, changed coins and required a replacement.

I attempt to only purchase coins from retailers who assure the authenticity of their product. Even at that, saying that someone just offered you a fake coin is a great obligation. I must be sure that the coin absolutely isn't what exactly it had been represented to be , before I go after somebody for it .

In my hundreds of coin buys, I've only gone back to two retailers for selling counterfeits. I felt like I required such a strong case, that there was no doubt regarding the authenticity of the coin.

Whenever I locate a fake coin, I'm suddenly tossed into the quandary of what do I do about this. As in any scenario, there are several choices to choose from. 1. Do nothing. 2. Contact the police. This is the same to choice #1. 3. Get in touch with the retailer. This can be the same to #1, or a lot more exasperating. 4. Call the fake coin "Hotline" and report it.

Ultimately however, if you find a fake coin, it becomes your word towards the seller's. It is quite hard to prove that you didn't exchange their "authentic" coin for a fake one in order to get a free coin out of them.