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June 12, 2009, Newsletter Issue #173: Counterfeit American Eagles
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Tip of the Week
According to Pedro Collazo-Oliver, a former American Numismatic Association Grader, the likelihood of a coin collector buying a counterfeit rare coin is very small. However, in the case of the American Eagle coin, there is a possibility you’ll obtain a counterfeit from purchasing a Platinum American Eagle on eBay. In a 2003 article in Coin World magazine, author Paul Gilkes warns of counterfeit 2002 Platinum American Eagle coins. These counterfeit American Eagles are the 1/10 oz. versions. Counterfeit American Eagles began surfacing on eBay in 2003.
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