Looks somewhat cartoonish on both sides. like gold. It is easy to see why these four series of coins are copied so often. The best way to learn about gold coins is to research before you buy. That alone should have activated his alarm, because just the value of gold in the coin exceeds $2,000. Ebay buyer left positive feedback ! At the top of the pagoda, an overly pointy roof can be a sign of a fake – refer back to the genuine Kew Gardens 50p above to compare. is the most common of these. An alloy of copper and zinc, brass does look a little like gold thanks to its yellow hue, but it is much duller and should be easily distinguishable. Ron Guth: The American Gold Buffalo $5 tenth-ounce gold coins were first struck in 2008, two years after the Gold Buffalo program began.Each coin is made of 99.99% pure gold The design of this coin copies faithfully that of James Earle Fraser's "Buffalo Nickel" (issued from 1913 to 1938), with the addition of the motto "In God We Trust" to the bottom left reverse. If I wanted the coin and I thought the price was right I would buy it. The design will not be as raised or as detailed, the luster will be poor and the strike may be off-center. the image is re-uploaded. So what gave it away? Buying from the mint is the only way I would spend the big $$$$ on an un-graded coins, that's just me. Only time I've ever seen a bidder/buyer's partial ID is on an auction. My opinion is that it is counterfeit. i will probably run this last thing down and let it go. The Gold American Buffalo price charts above feature Monex Ask Prices per ounce for pure 24-karat one-troy-ounce Gold American Buffalo coins, currently available from Monex in units of 10 coins. There are fake gold coins that can pass for genuine ones. He told us that “people he knows brought it for him from the States”. Introduced in 2005 under the Presidential $1 Coin Act, American 1 oz Gold Buffalo Coins are the US Mint’s first pure gold (.9999 fine) gold bullion coin official to the USA. diameter, and thickness of your gold coins will allow you to easily identify a fake. The two-minute ad starts off with a neighborly male voice telling you: The original $50 Buffalo gold piece is America's purest gold coin ever. anyone here wanna take a gamble? There’s a dent/damage above the date, which shouldn’t be there for a 70 graded coin. Also the fake is not frosted the way real Buffaloes are. American Buffalo Gold coin prices are based on the world’s fluctuating gold spot price. We were so confident in our product’s ability to spot the fakes we offered this guarantee. The 1 oz Gold Buffalo coin features a composite of three chiefs from different tribes: Big Tree, Iron Tail and Two Moons. We do not offer investment or tax advice and recommend that you conduct your own independent research before making any investment decisions. PSA | I found this forum because I was looking for information on the internet about counterfeit graded coin slabs! 0121 634 8060 Even the Indian's eye looks funky.... and the date.... but again JMHO. Unfortunately, counterfeiting is an issue that will not be going away any time soon and we are grateful for individuals who are on the lookout. Scored a lot of good deals and had to wait for a lot of refunds. A good rule is to stay away from Internet offerings when the seller posts bad photos or photos taken at odd angles. 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! The American Gold Buffalo coin is typically struck each year in both bullion and proof, but for 2008 only there was a mintage of fractional-weight coins in this collection. We offer a selection of 70-graded gold buffalos from a variety of years, all with protective cases keeping the coins in mint condition. WATCH: SARB is teaching South Africans how to spot fake … at competitive rates. Valued Member. First and foremost, the easiest way to avoid fake gold is to buy from a reputable Mint marks are often altered, engraved or added to the fake 1937-D 3 Leg Buffalo Nickels. Purchasing a piece of gold without the proper testing devices is highly discouraged, but below are a few test to help determine if your gold is either not real, or it is plated. I believe PCGS has a bat phone directly to ebay when they are made aware and agree a slab is counterfeit. .9999 FINE GOLD” aren’t shiny proof on the auction coin. SARB has launched a new public awareness campaign to help you see whether or not the coin and bank notes you have are real or fake. Silver can be sold as white gold, fake hallmarks can be engraved into the pieces of jewelry, and fake gems can be used instead of real ones. Not a coin I would put any money down on. Fake gold is, though. PCGS | Font: Small variations in font design can give a counterfeit American Eagle away. Spotting a fake: the pagoda. Bullion refers to the metals labeled as precious. Also, notice the third feather on the Indian (how there is no detail to it at all), and look at the buffalo’s eyes & brow (how they look cartoonish). tia. I did report this counterfeit item to Ebay. I tend to be risk aversive when it comes to my bullion purchases. For that reason, Austin Rare Coins & Bullion has developed in-depth websites like this to share how to buy gold coins for less, where to buy gold coins, and the best way to buy gold. A gold Buffalo coin might get a different response. Also, notice the third feather on the Indian (how there is no detail to it at all), and look at the buffalo’s eyes & brow (how they look cartoonish). - Peter Schiff. This was a fixed price / offer listing. no indication of fake coin decreases odds of fake holder. i have to go with my experience and gut on this one but we've all seen we can be wrong from images and it would MORE than ruin my day if i found out it was a good item and the seller needed the money to get by in these desperate times, which is NO small part why i hesitate reporting things these days. There are some outfits out there making "commemorative" gold Buffalo Indian Head tribute coins at $9.99 each. If there are no grooves or reeds, there is a 99.9% chance it is a fake since minted coins non-reeded (errors) are extremely rare. Most pieces of real gold, including coins, bars and jewelry, should have a stamp that shows the purity of the gold. You'll also find 24/7 live gold prices as well as historical gold … A worn regular 1937-D may cost a few bucks. It sold so fast who knows if they tried to do anything. I would stay away, something don't jive, the look of the coin is to lacking, where's the dcam effect? nm. 941 5123 47. We use cookies to give you the best experience on BullionByPost.co.uk and to customise marketing content.By continuing, you agree to our use of cookies - find out more here. Next to a real one this item screams fake! I believe PCGS has a bat phone directly to ebay when they are made aware and agree a slab is counterfeit. Although fake gold coins made from gold covered tungsten are able to pass the weight, diameter and thickness tests, they fail to pass the ping ringing sound test. The most common method of making a metal look like gold is to use gold itself. gold trader, The fact that the date and other devices are in relief instead of incuse makes me think it was never meant to be passed as a genuine example, like the coin I bought from this seller and posted in "coin chat". Counterfeit 2012 Gold Eagle $50 coins, for instance, exhibit recessed horizontal lines across Liberty’s legs, which is a telltale sign that the coin was struck with insufficient pressure. We were so confident in our product’s ability to spot the fakes we offered this guarantee. Some fake two pound coins are unsophisticated copies that are easy to spot. are considered the international regulatory standard for gold and silver bullion. like BullionByPost. 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