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Is This A Fake American Silver Eagle?

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 Posted 01/21/2020  9:17 pm Show Profile   Bookmark this topic Add CoinsInVT to your friends list Get a Link to this Message
I was shopping for ASEs today and found this listing. The seller was offering five for sale at $18 each.

*** Moved by Staff to a more appropriate forum. ***


The first red flag was that it was listed as being a proof coin. Clearly not the case.

The second flag was the "coin pictured is the exact one you will receive" line. Considering they were selling five of them and only one was pictured, I have my doubts.

Here's my question to you all. On further examination, the lettering looks off to me. This is especially true of the reverse, where the serifs look to be too exaggerated. I compared it to images of the 2018 bullion coins on a few different websites (APMEX, JDBullion, the Mint) and those coins look much more "clean" to me. Of course, this could be a case of cherry-picked photography.

What do you think Coin Community?



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 Posted 01/21/2020  9:22 pm  Show Profile   Bookmark this reply Add CoinsInVT to your friends list Get a Link to this Reply
For comparison, here is the reverse as shown on NGC.


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 Posted 01/21/2020  9:29 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
It is a bit suspect.....
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 Posted 01/21/2020  9:35 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
The image posted by CoinsInVT is not a 2018, so you can't use it for comparison.

edit by nss-52:
I don't know why I said this.

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 Posted 01/21/2020  9:37 pm  Show Profile   Bookmark this reply Add hcmusicguy to your friends list Get a Link to this Reply
Seems a little off to me as well.
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 Posted 01/21/2020  9:40 pm  Show Profile   Bookmark this reply Add CoinsInVT to your friends list Get a Link to this Reply
@nss-52 I'm not sure what you mean. The second reverse image I posted came directly from the NGC site about the 2018 coin. Here is the link.

https://www.NGCcoin.com/coin-explor...oinid-711972


The first reverse photo came directly from the listing. If it is, in fact, not a 2018 then that would suggest the listed coin is a counterfeit. Or, at the very least, it shows the seller is being dishonest in his listing description and photography.
Edited by CoinsInVT
01/21/2020 9:47 pm
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 Posted 01/21/2020  9:47 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
I don't collect these, so grain of salt here... The "T"s in STATES on the reverse look too wide, comparing to the photos at PCGS: https://www.PCGS.com/coinfacts/coin...eagle/656449

On the obverse, the ray going through the "L" is not as distinct as on the PCGS photo, but the OP isn't clear enough to be certain.
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 Posted 01/21/2020  9:49 pm  Show Profile   Bookmark this reply Add CoinsInVT to your friends list Get a Link to this Reply
Thanks, Alpha. Absolutely agree on the "T". That thing is wide as can be in the listing photo. But, I am not familiar enough with these coins to know if this could just be a common artifact that happens when the mint churns out thousands upon thousands of coins.

As for the photo quality, unfortunately, that's as clear of a photo as I could get from the listing.
Edited by CoinsInVT
01/21/2020 9:57 pm
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 Posted 01/21/2020  10:03 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
They look real to me, BUT I would have concerns as these have ~ $18 in silver and they generally have $2-$3 mark up so $21 is generally what I would expect to pay for each. If some one is selling at $18, he is losing money unless he purchased when silver was low but why sell only for melt? I have a few I paid under $17 for, I wouldn't sell them for $18.
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 Posted 01/21/2020  10:08 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I'd fall for it easily if it were a fake. Seller probably reused one of his formatted selling descriptions by mistake saying that the coin shown is the one you'll receive.
So I'd just ask about it and they'll probably admit a mistake.
If there's high shipping then it isn't that much of a great deal but it gets your attention being less than the others "out there" at first glance.
Then again the seller may be expecting silver to drop or wants to use that money elsewhere.
I don't see a fake but I could be wrong and often I am.
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 Posted 01/21/2020  10:10 pm  Show Profile   Bookmark this reply Add CalzoneManiac to your friends list Get a Link to this Reply
The reverse is the pre-2007 design.
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 Posted 01/21/2020  10:19 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Looking again, the tilde between "silver" and "one" on the bottom/reverse is angled in the OP but curved on the PCGS image. Scrolling through the eagles on PCGS Photograde https://www.PCGS.com/photograde/#/sileag/grades it looks like the reverse did change slightly at some point, including these differences with the tilde and the "T"s -- but the OP does not match the design for 2018. The seller may be selling genuine eagles, but the photos don't match the description (or each other). They look much better than most counterfeits we've seen here, but I'd pass just for trust reasons. Too much is wrong with the listing.

Edit to add: CalzoneManiac has the details for the reverse difference.
Edited by Alpha2814
01/21/2020 10:20 pm
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 Posted 01/21/2020  10:33 pm  Show Profile   Bookmark this reply Add CoinsInVT to your friends list Get a Link to this Reply
Sounds like we got it figured out! Pictures and description are inaccurate. Reverse photo in listing probably isn't a fake coin, but rather that of an older design.

So while not overtly fake, there is a lot suspect on the listing. Given this, I'll pass. No use taking the risk when my LCS will sell them to me for $19+tax.

Thank you for your help everyone! Great group of people here.
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 Posted 01/22/2020  01:41 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
I agree that it is probably a case of reusing a photo without knowing that it would not match. I don't suspect intentional deception, but if you can get them from your LCS, take that route.
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 Posted 01/22/2020  02:20 am  Show Profile   Bookmark this reply Add Silver Queen to your friends list Get a Link to this Reply
Hi and pardon the intrusion. I must admit the coin looks very suspect. The "U" on the reverse is not even the same font. I would imagine the entire font used on the reverse is different. Also, have you weighed it? It should weigh 26.73 grams. Have you used a magnet on it?
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