I recently passed up opportunity to buy Maples off Kijiji – they where cheap (below spot) and seller wanted to sell them ‘tonight’… I’m so new to this I googled ‘fake maple’ and yes, they’re out there so I passed. I know sometimes ppl just need cash – but didn’t feel right so I followed my gut and the old adage ‘if it seems too good to be true it probably is’. I’ll never know if I missed out on a really great deal or if I saved myself a bunch of coin – but as I feel I just don’t have the education to deal safely – I figured I’ll pay the premium and buy from SD/Silver Gold bull or my local coin shop….
Are they all the same year? Just curious if mint maybe has slight variance year to year so a tube of 2012 would be different then a tube of 2009 say?
Here is a utube that might help – basically filing in this one, but he mentions other videos/tests so you maybe able to find something that works (without wrecking your maple if it is real!).
Ok – I did do the magnet test, they all had that slight magnetic feel when passing my HD magnets closely to them (but not full attraction).
Checked the veins on the leaf and they appear to be fine… stem looks centred… There’s that little mark on the queen shoulder.
I am going to invest in a scale as well and check the weight … also will see if I can do that “specific gravity test” on them.
I see a comment from Uglydog about a tool called fisch. It looks interesting… $169 for Maples only or $259 for krugs/ASE/Maples… not sure if I want to shell out for a tool like this at the moment without more research and proof.
Also just become as educated as possible about weights, dimensions, markings, sound, taste…etc. I can usually tell just by the sounding of flipping it with that very resonating high pretty pitch compared to the thud of other metals.
Not that this will help…but Canadian Maples…are PERFECT…without flaw.1989 Maples are a little bit different from todays 9999 fine but only in the portrait of the Queen and .999 purity.Weights should be exact. Any large variation ie more than a gram should make you suspect and PASS on any deal.
Know what you are buying or dont buy… be wary of receipts offered as Bona fides…the Chinese fakers..know no border and they will fake receipts…If you have to do a deal…in haste…do it in a Coinshop so you get a an expert EYE on the transaction. If you have any doubts…DONT BE GREEDY PASS
This discussion should raise some eyebrows among those folks who stack just in case TSHTF and fiat becomes worthless. Your Maples, ASE’s, Pandas, etc. will only have value if the person whom you are selling them to (or trading with) believes they are real.
Another reason to consider stacking circulated ‘Junk Silver.
Also, stay away from any coins that have been encapsulated or graded. The fakers really like these coins because they are permanently sealed and graded which means its impossible to remove and weigh or check with a magnet.
Maybe 90% circulated dimes and quarters are the way to go unless you’re buying from a reputable dealer?
IMO you can do this test by feel before going into exact measurements with more complex tools.
The only thing I have seen so far that gives off a silver-like feel is pure coppper. But that is so much less dense, it can be felt and seen as being off.
The Panda in my video seems to be silver plated, or lead core or sorts. It was part of someone’s collection and I noticed it right away moving the magnet across it. gravit as in the video is a more objective judge.
I’m more confident in the new 2014 Silver Maples, now that they have the micro lines and tiny little etched maple leaf. In fact, I think it would be more difficult now to fake a 2014 Silver Maple than it would be to fake a Silver Eagle.
The micro shapes are against silver plating, I presume?
Lower premium, better avaibalibity, higher grade silver, higher nominal value, harder to counterfeit, not issued by treasury of most evil administration on the place…you need to be pretty darn….let’s say cocky to go for Eagles over Maples.
It’s easier to sell nice looking coins than ones covered in milk spots. Silver is silver, sure. But if a buyer has a choice of a shiny 1 oz coin, or the same coin with milk spots, what are they going to buy? In the case of the SML, then it’s still 1 oz of silver, and will always have that value. But the premium you paid over spot for it will be eaten in to if you have to knock a few quid off when selling because of milk spots. Of course, milk spots on a Silver Maple Leaf do confirm that it is genuine, so there’s no fear of having a counterfeit if you’ve milk spots!!!
Those milk spots on Silver Maples are just the residue of a cleaning agent they use on the silver blanks, before they are struck between the dies at the mint, making them into genuine Silver Maple bullion coins. They are just one more indication of the real thing. I kind of like them. You don’t get them on Chinese fakes.
" To see if someone else posted about it already so I wouldn't be double posting.
I'm not polluting the forums. I didn't threadjack and I'm not thread spamming. I wrote my own thoughts and included relevant information in my own thread.
How about taking an objective look at your ... "Reply To: Welcome To The Silver Forum
" Why I like dimes and quarters, not many counterfeits showing up yet. The few that are here tend to be key date in a slab coins that I have zero interest in. And a fake dime rings wrong when dropped "Reply To: How off the mark am I? Or am I?
" I'm curious if anybody thinks the fact that mint coins have a face value is a benefit when transporting them across borders? (eg: Are you transporting more than $10,000 in currency? Nope, currency value is xxx)
I also find the idea that the mint should defend against counterfeiters since it ... "Reply To: How off the mark am I? Or am I?
" Xizang, that's why I included the word 'circulated.' Every single circulated coin has its own unique wear, while the chinese fakes are new.
I would not trust any graded coin in an NGC, PCGS or other holder - THESE are being faked in china also. At least with a loose coin you can weigh it and... "Reply To: How off the mark am I? Or am I?
" hi KLAMMERN!
Welcome to SD.
Tons of good advice in here, but I'd just add this:
Don't get too caught up in SELLING Silver, as in move a large amount of stack in hopes of buying
more, as the price could jump in the interim. But trading up is a safe deal. It can be done as oth... "Reply To: How off the mark am I? Or am I?
She does deserve it, thats a fact. I have come up with a plan. Ordinarily I wouldnt discuss this, but I think i hit on a good one. A new bathroom vanity has about 3" of space under the interior of the... "Reply To: What the hell do I do with it
" "Which is the better deal? One full ounce of pure silver – or only .77 ounce of silver mixed with copper? Gee, don’t take too long thinking on that one."
I would be suspicious of fake Mint coins and would have more faith in a circu... "Reply To: How off the mark am I? Or am I?
" Use a core drill to make holes in your wooden bedposts. Fill the holes using part of your silver stash, and then put a stained wooden plug in the opening. No burglar would even think of looking there.
And as an added benefit, when you are giving the Missus the nightly pounding she ... "Reply To: What the hell do I do with it
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