Fake Silver and Gold Scams?

ultrarunner · Jan 27, 2026

Several I know got scammed or nearly scammed when buying Silver and Gold coins.

I did a little research and apparently US Silver Dollars and Gold pieces are now regularly counterfeited over seas and some fakes are very good.

Apparently the Secret Service officially has no interest in counterfeit US coins and focuses on US paper currency.

Hard to imagine the 1964 Kennedy Half Dollar Coins I was given are now $40 in melt value…

$20 US Gold piece is on the threshold of $5,000 melt value.

Be careful as scammers are out in full force.

wilso · Feb 8, 2026

Yeah, this is getting way more common. Some of the fake silver and gold coins out there are scary good now. I know a couple people who almost got burned buying what looked legit. With melt values so high, it makes sense scammers are all over it.

Same reason I’m extra cautious with anything finance-related. Even when I was just browsing IQ Option reviews, it was clear you really have to do your homework before trusting any platform or seller. Whether it’s physical coins or online trading, a little skepticism goes a long way.

ultrarunner · Feb 8, 2026

I think I have 3 silver dollars that are suspect…

Once I had a 100 bill that was off so I asked the bank who confirmed and promptly confiscated it…

I sold a trailer when I was 17 for $250 and received the 100 bill.

Shawn T. W. · Feb 8, 2026

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