Fake U.S Silver Eagle Coins Soaring Through Hamilton, Police Say
Hamilton Police say they’ve gathered over 500 fake U.S Silver Eagle coins sold across the city over the past few months.
from CBC
Hamilton coin collectors and pawn shops are getting duped.
Police are warning that fake U.S silver eagle dollar coins have been circulating in the city and have been sold to various establishments over the past few months.
“You wouldn’t be able to tell the difference (with) the naked eye. The coins are actually very high quality fakes,” Const. Mike La Combe said in a Hamilton Police YouTube video. “They are silver and nickel-plated, which gives them the look of an actual silver dollar. However, when you cut them open, you can clearly see on the inside, they are brass filled.”
The video shows some of the roughly 500 fakes that have been confiscated so far.
“They are worth practically nothing, just a couple cents each,” La Combe explained.
Source: http://financialsurvivalnetwork.com/2013/05/fake-u-s-silver-eagle-coins-soaring-through-hamilton-police-say/?utm_source=rss&utm_medium=rss&utm_campaign=fake-u-s-silver-eagle-coins-soaring-through-hamilton-police-say
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Whistler Blowers, Insiders
Fake silver Eagles? All US coinage is fake — cast from almost worthless base metals — except for nickels which do actually contain some nickel — but that is about to change.
Fake silver coins are easy to spot … the letters are different, the proportions are different of the images, the weight is not correct, wrong chemical reaction (this is a $2 test), they are magnetic (unlike real silver) (another $2 test).
Don’t let this fake BS story put you off buying silver. Learn how to check for real silver, and then buy it while you still can.