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Be careful buying silver eagle's

PTVETTERPTVETTER Posts: 5,934 ✭✭✭✭✭

TEMU is selling silver eagles
I don't think minted in the USA and may not be all silver?????
Someone may buy them and resell them on EBAY or to dealers!

Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


Comments

  • tincuptincup Posts: 5,110 ✭✭✭✭✭

    Couldn't find any silver eagles at the temu web site, but sure plenty of other fake coins!

    ----- kj
  • BustHalfBrianBustHalfBrian Posts: 4,161 ✭✭✭✭

    I’ve found that the fakes from TEMU and Alibaba are not very convincing, however inexperienced collectors may still be fooled, and should stick to buying from reputable dealers.

    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • PerryHallPerryHall Posts: 46,085 ✭✭✭✭✭

    @BustHalfBrian said:
    I’ve found that the fakes from TEMU and Alibaba are not very convincing, however inexperienced collectors may still be fooled, and should stick to buying from reputable dealers.

    A lot of these fake coins from China are being bought by flea market venders for resale to non-collectors.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Project NumismaticsProject Numismatics Posts: 1,469 ✭✭✭✭✭

    This is an ongoing issue. This was part of an educational display of fakes at the 2022 SCNA show.

  • BustHalfBrianBustHalfBrian Posts: 4,161 ✭✭✭✭

    @PerryHall said:

    @BustHalfBrian said:
    I’ve found that the fakes from TEMU and Alibaba are not very convincing, however inexperienced collectors may still be fooled, and should stick to buying from reputable dealers.

    A lot of these fake coins from China are being bought by flea market venders for resale to non-collectors.

    I've noticed that as well. I caution collectors against buying coins from swap meets and flea markets for this very reason. In my experience, the vast majority of the coins for sale at these events are either counterfeit or grossly misrepresented.

    Lurking and learning since 2010. Full-time professional numismatist based in SoCal.
  • jt88jt88 Posts: 2,985 ✭✭✭✭✭

    I don’t buy any coins from Alibaba or China sellers. I don’t even look at their listings.

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