As a {flood} coin buyer, you will certainly look for US coins to add to your collections or to gain profit by buying and reselling them at a higher price. It is common for collectors to start their hobby as a form of investment. However, when they get too captivated, they find it difficult to separate from them. Studying and collecting coins is a hobby that is very pleasurable, which can be rewarding as well.

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On the other hand, you can come across several hassles when buying such items to collect or resell. One of the most common problems for any {flood} coin buyer is getting fake coins. Nowadays, majority of the counterfeit money come from the Far East. Take a look at the following tips to avoid purchasing such merchandise:

Take a close look at the coins and feel them.

If ever you are decided to buy US coins, you have to educate yourself when it comes to this field of endeavor. Though you may not turn out to be an expert, it is important to know the main features of coins that have a higher denomination, including the Silver Eagle bullion, Double Eagle and Morgan Dollar coin. Since the Silver Eagle first showed up in 1986, when the coin has an earlier date, it is surely a fake.

Examine the way they look.

Majority of counterfeit coins are gold or silver plated. When you closely check the coin when it comes to its edges, you will notice that the original metal is either not plated or the plating got worn out. Closely examining its face, you will see little dots that were either not plated or the plating got removed.

Weigh them.

A coin’s weight is one more feature that helps you determine the authenticity of a coin. You have to be familiar with the weight of the item you are interested in. If it is more or less in weight, it is a fake. Nevertheless, because of wear and tear, a coin’s weight may slightly change.

• Reeded Edges

Most US gold coins have reeded or milled edges. This means, it comes with groves around its circumference. Know more about the ones that have reeds, such as dimes, quarters, half dollars and a number of dollars. Counterfeiters are not aware of the coins that have reeds and this is where they commit errors. There are very few items that are supposed to be reeded. However, they could not be. Since the number is too small, the slip reveals the falsification of coins.

• Be familiar with the wear and tear.

Since Gold Eagles or Silver Eagles were never circulated as cash, they should not have any wear and tear signs. So, when anyone tries to pass such coins as “used”, they are surely fakes.

Only Buy Graded US Coins.

As a {flood} coin buyer, you need to be familiar with the peculiarities and differences between different models, as well as the year they were issued – such knowledge will help you avoid being fooled. If you do not have time to do this or you do not want to learn more about this subject, you can still be safe by only buying US gold coins that have certification from specialized services.

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