How To Avoid Silver Coin Fraud & Other Fake Silver Coins January 10, 2008
Posted by Health Mama in : Money Matters , trackback
Coin fraud is an unfortunate reality in the coin collecting marketplace, but you can avoid buying fake silver coins, and avoid coin fraud in general, by learning how to spot fake coins.
Avoiding coin fraud boils down to one basic point: knowledge. If you want to avoid buying fake silver coins and becoming a victim of coin fraud, you first need to learn what the genuine coin looks like.
Then it’s just a matter of making some comparisons, and employing a little bit of common sense.
Does the silver coin look right? Any highly experienced coin authenticator will tell you that they often can’t tell you why a given specimen is fake. All they can say is that it doesn’t “look right.”
Learn what the genuine silver coin looks like, and when you get that little red flag waving in your head that something looks wrong, even if you can’t put your finger on exactly what is wrong, trust your senses and don’t buy the coin!
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