Warning! Very Sophisticated Silver Eagle Counterfeits out of China!

When he was referring to detecting by the "flipping", I thought he meant the sound. The fake one failed the silver "klink" test.

no one has a monopoly on the industrial arts.

silver plating is cheap, gold-plating is relatively cheap. tungsten is cheap, though hard to machine.


i think where this is going is towards silver (and gold) counterfeit rounds that are visually indistinguishable from the real thing.

that leaves us with test methods like -

* destructive testing, i.e. cut it in half. that costs about 3% - if you're lucky.
* sound testing, which is better if you can use quantitative methods, i.e. use a sound analyzer & not rely only on human judgment
* that sliding magnet test device


also i don't blame coin dealers & market makers for shying away from 100 ounce bars & even 10 ounce bars.


so i guess those Circulated Silver Merc's & Roos'ies are making more & more sense, as "least likely to be counterfeited". Jeez, they're worth $2 each, even with paper silver prices knocked down.

it gets even better... and better. However, the problem is power... as long as people fail to understand the inherent issues with it (that it is an illusion), shenanigans and deceptions are here to stay.

Every time I come n here and read the OPS, I have to shake my head in disbelief...

Saw this video few weeks ago when it came out, too bad a magnet won't detect them anymore that's how I've always detected fake silver in the past

Quote:

---

Originally Posted by JonasMills

Saw this video few weeks ago when it came out, too bad a magnet won't detect them anymore that's how I've always detected fake silver in the past

---

In the video above he shows a neodymium magnet weakly but definitely sticking to the fake SAE, indicating that the alloy is weakly ferromagneticd, so your magnet is still worth using. Remember "Forearmed is foreskinned."

Friday May 31, 2013 21:41 EDT (All prices and information will update automatically every minute on the home page)

Dealer Alert - Fake Silver Bars



Minnesota - Wisconsin - Michigan area



Fake 1 oz. Silver Bars in hard plastic.


25ish young white male passing these.


Possible name Jake.L Nelson


Brands: Silvertown, Sunshine, J.M, Northwest, Palasade.


After cutting into Bars they are silver plated over copper. Some are right weight. Some are 4-6 grams light.



One dealer took several hundred till he found out.


Duluth police case# 13089843


Det. Shauna Green 218-730-5623


If you come across any please contact the info above. Thanks for any possible help.


Craig Dickison

Quote:

---

Originally Posted by mamboni

25ish young white male passing these.

Possible name Jake.L Nelson

Brands: Silvertown, Sunshine, J.M, Northwest, Palasade.

After cutting into Bars they are silver plated over copper. Some are right weight. Some are 4-6 grams light.

One dealer took several hundred till he found out.

---

so who made the dies ? who is making the planchetts ? who is doing the stamping ? who is doing the plating ?


is the dealer going to buy a sheet metal shear - or something - to inspect incoming rounds ?


i bet if we started going to coin shows within a 500 mile radius, and had small tables with "we buy silver" signs, we'd meet the guy who is selling these.

you would need to buy 1 round or bar from everybody & destructively test it - without anybody seeing what you are doing. since most of them would test good, you'd end up with a big pile of silver half moons.

maybe that will become the new "In" shape. 1/2 ounce rounds cut in half.