Magnet Test The standard advice is to hold a magnet to the silver, and if the magnet sticks, it is not silver. Replicas of U.S. coins cannot be exchanged as legal tender or used as money. While most counterfeit coins are easy to spot -- due to improper weight, color, even design details -- the truth is there are many good copies that have fooled some of the most seasoned coin collectors! If your coins look different, it is highly recommended that you send them to PCGS for authentication. A third factor is weak impressions on the coin; a character may be blurred or unclear, and the design might be unclear around the edges of the coin. Posted on December 20, 2016 Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). This procedure often leaves die marks, such as cracks or pimples of metal on the counterfeit coin. After 2007 the design changed … that’s why I suggested having the same minted year of an authentic silver eagle coin when doing a visual test. This way it will pass the acid test that indicates gold. Know the weights and appearance. Most counterfeit coins are made by pouring liquid metal into molds or dies. Businesses do not need the U.S. Government’s permission to produce replicas of U.S. coins, unless the U.S. Government owns copyright in the coin design in question. Genuine coins are struck (stamped out) by special machinery. Does a business need permission from the U.S. Government to produce replicas of U.S. coins? By super-fake, we mean a coin that is a deceptive counterfeit that could potentially fool professionals and advanced collectors. Today counterfeit coins are made primarily to simulate rare coins which are of value to collectors. Lastly, fake silver coins occasionally have a porous surface, and this can be found by using a magnifying glass. SUPPORT: https://www.patreon.com/JuniusMaltby BEWARE, fake coins are flooding the market from China. Most of the counterfeit coins are made from a base metal, like tungsten, that is plated with a little gold. Counterfeit money is imitation currency produced without the legal sanction of the state or government, usually in a deliberate attempt to imitate that currency and so as to deceive its recipient. Here's what to look for in order to avoid buying fake coins. Counterfeit money has been around for nearly as long as the real deal. The 2 coins I reference are 2013, which the fake lists, so i made sure to have the same year real coin. Another type of fake is a contemporary counterfeit. Counterfeits Lincoln Cents (1909-to Date) Previous article The 1893-S $1 on PCGSCoinFacts.com Next article Ship of Gold and Much More at the Long Beach Expo Feb. 4-6. FIVE WAYS TO SPOT A FAKE COIN. Counterfeit Detection. 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