How to Tell if a Coin is Counterfeit – Doylestown Gold Exchange

counterfeit coins
In our occupation, we ’ ra always on the lookout for news about forge coins, so this narrative from across the border in New Jersey caught our center .

From the Cherry Hill Courier Post on June 25 :

“ A Moorestown man admitted Monday he impersonated a federal agent while selling counterfeit coins, authorities say. Johnathan A. Kirschner, 34, besides pleaded guilty to unlawfully importing counterfeit coins and fake aureate bars, according to the U.S. Attorney ’ second Office. ”
According to the report, Kirschner sold the bogus aureate bars to a buyer in Marlton for $ 11,000 in May of 2017, wearing a badge and an ankle holster to pass himself off as an ATF agent .
One calendar month belated, he sold 49 counterfeit coins to two buyers in Mount Laurel, netting $ 1,000. But these victims realized they ’ five hundred been scammed, and arranged a second meet, telling Kirschner they had a niece who besides wanted to buy argent coins .
But the couple ’ randomness niece was actually a veridical ATF agent, and after Kirschner accepted $ 1,600 for 55 counterfeit coins, he was arrested. He ’ sulfur ascribable to be sentenced in October in federal woo .
It ’ south not clear from the floor what precisely made Kirschner ’ mho victims leery. however, there are some ways to tell if you ’ re dealing with a counterfeit coin .

1. Visual tests

Spotting obvious fakes can be easy when you have another coin that you know is authentic to act as your guide. The markings, border finishes and relief – a term for the acme of the images on the mint from its surface – should all line up with the authentic coin .
Using a jewelry maker ’ second loupe or magnifying glass can help vitamin a well. Check the edges of the coin for reeds – or the grooves on the sides of the mint. If you don ’ triiodothyronine see reeds, or if the reeds are uneven, you ’ re about surely dealing with a hypocrite mint.

2. The relief test

It ’ randomness hard for counterfeiters to master the stand-in on a coin. Some get it besides low, others make it besides high. You can test coins by stacking them up with other coins from the same series. If the stack doesn ’ thyroxine arrest upright, you should credibly question the coin ’ randomness authenticity .

3. The ice test

Want to tell if a eloquent mint is real or counterfeit ? Get out an ice block. Of all metals, argent is the best conductor of heating system. If a coin is made from real flatware, placing it underneath an frosting cube should cause the ice to melt right away .

4. The “ping” test

This is probably the most basic method acting of determining if you ’ ra dealing with a counterfeit coin. A veridical flatware coin makes a classifiable “ ping ” sound when you drop it on a hard surface. If you don ’ thyroxine hear that sound, you ’ re credibly dealing with a fake. ( not recommended for rare silver, as it can cause micro-abrasions on the metallic element. )

5. The magnet test

Silver and gold are not charismatic metals, indeed if a coin or gold barricade sticks to a magnet, you can promptly mark it off as talk through one’s hat. Counterfeit coins made with any total of iron or steel will have some magnetic attraction, although we should note this test won ’ thymine study for zinc, copper or lead .
And if you can ’ triiodothyronine specify whether the mint in question is real, focus on the seller. Are they in a travel rapidly to close the consider ? Are they offering a price that seems besides good to be true ?
Suggest meet in a well-lit, populace locate, preferably somewhere with video cameras. If they aren ’ metric ton volition to do so, you might be dealing with a swindler.

placid not indisputable what you ’ ve got ? Visit Doylestown Gold Exchange. Our experts can examine your gold and eloquent coins and tell you their prize .
We don ’ thyroxine carry a badge, just decades of experience in appraising gold and silver medal coins, jewelry and other valuables. Contact us today to learn more .

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