REAL or FAKE?! How to Tell if a Coin is Counterfeit

If you have ever been to a coin show, you will see many coin dealers setup with a table. I am one of those dealers. Did you know that coin dealers also buy coins at coins shows? I do not have my own Local Coin Store so I have purchase coins from people when they visit my table.

This video is about such an occurrence where unfortunately I was a bit busy at the time and did not listen to my own advice about properly evaluating coins before I purchase so I may have purchased a Counterfeit Morgan Dollar, yes even dealer's can make mistakes when we're not careful. This video is intended to help all collectors (and dealers) on the things to look for when examining potential counterfeit coins. I personally need more training on this however hoping what I do know can help you. I strongly recommend taking ANA classes (http://www.money.org) to gain skills needed for counterfeit detection. I plan on doing this later this year

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00:00 Introduction
02:57 Test 1 - Is it the correct weight?
04:49 Test 2 - What does another dealer think?
05:29 Test 3 - Is the design correct?
08:13 Test 4 - Is the mint mark the correct shape?
08:48 Test 5 - Does it sound right?
09:20 Test 6 - Does it stick to a magnetic?
10:09 Test 7 - Is it the right size?
11:31 Test 8 - Is the luster / toning correct?
13:44 Test 9 - Is the metal composition correct?

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