![]() ![]() 999 fine silver, but carry designs suggesting a composition of pure silver. Some pieces are offered as novelty items and advertised by the original sellers as fabricated from base metals plated with. By that time, however, the seller is nowhere to be found. The deception is often uncovered only after a sale has taken place, when destructive testing of individual pieces reveals the absence of any precious metals. 999 fine silver found in most genuine silver bullion items. Most have been composed of various concentrations of copper, nickel and zinc in place of the. Regardless of design, many purported silver pieces that have duped collectors and dealers alike have been found to contain no silver at all. Police in Denton, Texas, have arrested a local man on eight counts associated with the sale of fake American Prospector rounds at pawn shops and jewelry stores in that area. While the attempted sellers of such fake bullion items often go untouched by authorities, not all do. The latest report is from Cincinnati, of fake 1-ounce Chinese Panda bullion coins. Over the past month, in its weekly issues, Coin World has reported on counterfeit American Prospector 1-ounce silver rounds being offered in the United States and fake 2011 American Eagle silver bullion coins surfacing in Canada. Counterfeit silver bullion coins, rounds and bars have plagued the numismatic marketplace for several years, but some in the hobby are seeing what might be a surge of some fakes.Ĭounterfeits of some of the bullion pieces have been around for a number of years, though increasing numbers are showing up, and manufacturing methods have made some pieces more highly deceptive. ![]()
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