All Posts in Coins & Currency
We have recently become aware of some counterfeit coins that are being sold and felt the need to get the word out to try and stop the spread of them. They are ¼ ounce proof Krugerrands in NGC holders. They are not gold. The holders themselves are of very good quality but there are several things to look out for that will let you know these particular coins are not authentic. The first thing to look for is that the holographic decal on the back of the holder is on the outside of the plastic. With genuine NGC graded coins this would be sealed in the plastic. Also on the front of the label at the bottom where it says NGC with a brown background there should be little holographic “NGC” in the background but these are also not present in the counterfeit coins.
Please make sure to take the extra time to scrutinize the coins you are buying. It is natural to let your guard down a little when buying graded and authenticated coins and that is why this scam is working so far. Take the extra minute or two and be thorough, it will save you money and will hopefully help to keep these coins out of circulation.
Even though there are thousands of fake coins being auctioned daily on eBay, it doesn’t automatically mean that all coinage sellers are unscrupulous individuals who’re trying to make an easy profit. eBay is a great source to find valuable coins to increase the value of your collection and a good place to find upright sellers. As long as you respect the following tips, you can be certain you won’t get saddled with fake coins for which you end up paying a small fortune.
If you want to avoid investing in fake silver coins and becoming a victim of coin fraud, then learning what the coinage you need for your collection looks like is a mandatory step. In other words, coin knowledge is the surefire method of avoiding fraud and scams. Once you are familiar with the detailed features of the silver eagle coins you require to enhance your assortment, then determining whether you’re looking at a fake or the real deal boils down to making some basic comparisons. In the event that you’re new to numismatics, then consider these steps next time you intend to purchase a silver eagle coin.
If you’ve already made the decision of securing your retirement fund by investing in gold coins, but don’t know which coinage constitutes the best asset at the moment, then you’re reading the right guide. The following list includes the best gold coins you can invest in before the turn of the year and therefore, excludes the rare and historical coinage coin collectors are typically interested in.
Without denying that Morgan Dollars specimens are grades below AU-50, they have become very popular over the past few years mostly due to their affordability. In case you want to increase the value of your collection and make an investment for your future, here are 5 things you should know about Morgan Dollars.
Regardless of whether you prefer collecting antique jewelry, watches, stones, coins or even rare instruments, once you start spending big and withdrawing extensive sums of cash from of your bank account, it is perfectly clear that you intend to make a profit. Following are some tips on how to manage your valuable collection and maximize the return of your collectibles.