I am working on a project to build the following gold and silver tester. having gone out into the market and seen the prices of testers. I figure that there most be a market for something that is a couple of hundred bucks. It works by measuring the conductivity and hence the composition...
sorry if this has already been posted
Not 100% sure this is the right section, but reading the description for the "PM's" and "Silver" sections, not sure those were 100% right either. So please move if there is a better section for it.
I occasionally post on the odd survival/prepper forum here and there, and often talk turns to...
"The popularity of lunar coins has grown of late, making the coins an excellent target for counterfeiters."
Another reason to avoid the "collectible" coins.
I personally had to go try the ice test! I placed an ice cube on a one ounce silver coin and compared it to another ice cube placed on a normal plate. The ice on the silver definately melted faster at first...
I had heard about fake Morgan and Peace dollars being peddled on ebay and I was wondering if the Secret Service was investigating. Looks like they are.
I just came across this listing... I feel like this coin needs a copy stamp or something. It could fool someone new the game. Check it out.
My guess is that you've probably already read from the SilverDoctors or from ZH about this case, if not, here are the articles:
Hi ya'll. First post here on PM bug.:wave: Just a heads up and one more thing to worry about. Anyone ever run into counterfeit coins or bullion? http://forums.collectors.com/messageview.cfm?catid=42&threadid=842797
I was reading another thread tonight and it got me thinking...there are many well know counterfeit gold coins with much documentation. save for a few stories on morgans/peace/trade dollars with super rare dates, a story of 100 oz Englehardt bars and the usual suspects of 1oz 999...
So what do you guys think about coin shows?
Are they a decent place to get bullion, 90%, and etc.?
Is the exposure to being ripped off (fakes) worse at a show, or should it be okay as long as you stick with dealers?
I'm not into numismatics, so that aspect of the shows doesn't matter to me.