Hey guys, Just wondering if anyone knows of any fake ones in circulation and if so how thick the plating would be (if plated at all.) I wonder as i'm bidding for 1 now. If anyone has dimensions that'd be cool but i can search for those myself if not. Cheers in advance
Nope - by the way Apmex have some beaut 1986 proofs for peanuts on special right now... The presentation case is a bit Studio 54 but otherwise they're beauts. Oh, and they attract 10% GST on import to Oz... Still a barbarian cujillo bargain I reckon... x
Ahhhh well didnt win it, but tbf i am only bidding up to spot (including postage) to try recover a bit of Oz to what ive payed on previous purchases
No, ive never seen or heard of modern libertad fakes, the old pesos and 8 reales are counterfieted though. However there is a new faze of fake bullion recently ive noticed so you might be looking at the 1st generation of fakes coming out this year. 1for1
Shameless but relevant plug for dimensions: http://www.bulliondata.com/wiki/Mexican_Silver_Libertad_Series Note: There was a change in size mid way through the series, so make sure that you look up the correct year.
Best advice if starting in this addictive business is to buy a decent electronic weighing scale that is accurate to at least 0.01 gram You can start with the $10 e-bay units from Hong Kong but if serious look for the Henry 50 scales which will cost you about 35 but worth it for long term reliability. I also have vernier callipers for measuring diameters very precisely. Fakes tend to be either under weight or significantly thicker and sometimes both. Checking size and weight takes a few seconds with the right tools and will help you sleep at night if buying coins singly on e-bay from odd sellers.
Yeah i got some scales to 3/4 decimal places depending on whether i do grams or ozt off amazon for 5 and they work perfectly, callipers may be a good idea aswell, thankyou
You can buy fake Libertads no problem at all for between 80 cents and a $1.40 each from Chinese counterfeiters. Not sure of their years though, the display pic they have shows 2004.
To ease the fears of buying conterfeits,it would be best to buy from a reputable dealer until you learn what to look for in a series.Right now the libertads are reasonably priced.
I got some carbon fiber composite digital verniers (Sontax) the work great and a lot less chance of damaging a coin, than the metal ones I think they cost me about $20 from a large Hardware Chain here in Oz.