You just bought an American Silver Eagle. Maybe from a coin show, eBay, a Facebook group, or that guy on Craigslist who "just needed cash fast." The coin looks right. It feels heavy. The eagle design is crisp.
But something's nagging at you. Is it real?
You're not paranoid. You're smart. The American Silver Eagle is one of the most counterfeited coins in the world, and the fakes are getting disturbingly good. Chinese counterfeiters now use CNC machines and 3D scanners to create replicas that fool even experienced collectors at first glance.
Here's what to look forâand how to know for sure.
Why Silver Eagles Are a Counterfeiter's Favorite
The American Silver Eagle is the world's best-selling silver coin. Over 600 million have been minted since 1986. High demand, high premiums, and widespread recognition make it the perfect target.
The economics are simple: A genuine Silver Eagle costs $30-40. A sophisticated counterfeit costs $2-3 to manufacture. The profit margin is enormous, and the risk is relatively low.
The result? A flood of fakes entering the market through:
- Online marketplaces (eBay, Facebook, Craigslist)
- Coin shows (especially from unknown dealers)
- Estate sales
- "Too good to be true" deals
- Even some compromised retail channels
Sign #1: The Weight Is Off
Genuine American Silver Eagles contain exactly 1 troy ounce (31.103 grams) of .999 fine silver. With the copper alloy added for durability, the total weight should be 31.103 grams (±0.02g tolerance).
Most counterfeiters cut corners on silver content. That's where their profit comes from.
How to test:
- Get a digital scale accurate to 0.01 grams (about $10-15 online)
- Weigh your coin
- Compare to the specification: 31.103g
Red flags:
- Weight under 30.5g = Almost certainly fake
- Weight over 31.5g = Suspicious (possibly copper/zinc core with silver plating)
- Weight exactly 31.103g = Good sign, but not definitive proof
The catch: Sophisticated counterfeiters now match the weight using tungsten or other dense metals. Weight alone isn't enough.
Sign #2: The Dimensions Don't Match
American Silver Eagles have precise specifications:
- Diameter: 40.6 mm
- Thickness: 2.98 mm
Counterfeiters often get the diameter close but mess up the thickness. A coin that's too thick or too thin is trying to compensate for incorrect metal density.
How to test:
- Use digital calipers (about $15-20 online)
- Measure diameter across the center
- Measure thickness at multiple points
Red flags:
- Diameter more than 0.5mm off
- Thickness more than 0.2mm off
- Uneven thickness (thicker on one side)
Sign #3: The Sound Is Wrong
This is where things get interestingâand where Pingcoin shines.
For centuries, merchants have used the "ping test" to authenticate precious metals. Tap a genuine silver coin, and it produces a distinctive high-pitched ring that sustains for several seconds. The sound literally tells you what the coin is made of.
Why it works: Different metals vibrate at different frequencies. Silver has a unique acoustic signature that's nearly impossible to replicate without using actual silver.
How to test manually:
- Balance the coin on your fingertip
- Tap it gently with another coin or a pencil
- Listen to the sound
What genuine Silver Eagles sound like:
- High-pitched, clear ring
- Sustained tone (8-15 seconds of audible ring)
- Pure, bell-like quality
What fakes sound like:
- Dull thud or short "clink"
- Ring that dies quickly (under 3 seconds)
- Muffled or "dead" tone
The problem: Human ears aren't precise. What sounds "right" to you might be wrong. What sounds "off" might just be the acoustics of the room.
The solution: Pingcoin uses your phone's microphone to capture the sound and analyzes the actual frequencies. It compares your coin's acoustic signature against verified reference data and gives you an instant verdict.
No guessing. No uncertainty. Science.
Sign #4: The Details Are Soft or Wrong
The U.S. Mint produces Silver Eagles with extremely fine detail work. Counterfeiters struggle to replicate this precision, especially on:
The Obverse (Walking Liberty)
- Lady Liberty's fingers: Should be distinct and separated
- The sun rays: Should be crisp and evenly spaced
- "IN GOD WE TRUST": Letters should be sharp, not mushy
- Liberty's gown folds: Should show fine texture detail
The Reverse (Heraldic Eagle)
- Eagle's feathers: Individual feathers should be visible
- Stars above the eagle: Should be sharp five-pointed stars
- "E PLURIBUS UNUM": Clean, readable letters
- "UNITED STATES OF AMERICA": Consistent letter spacing
The Edge
- Reeding: Should have exactly 201 reeds, evenly spaced
- Counterfeit edges often look uneven or poorly defined
How to test:
- Use a 10x loupe or magnifying glass
- Compare to photos of genuine coins (the U.S. Mint website has high-resolution images)
- Look for mushy details, uneven spacing, or obviously wrong features
Red flags:
- Details that look "melted" or soft
- Incorrect font styles
- Spelling errors (yes, this happens)
- Date or mintmark in the wrong position
Sign #5: The Magnet Slide Test Fails
Silver is diamagneticâit slightly repels magnets. This property creates a distinctive behavior that's hard to fake.
How to test:
- Get a strong neodymium magnet
- Hold the coin at a 45-degree angle
- Slide the magnet down the coin's surface
- Watch how it moves
On genuine silver:
- The magnet slides slowly, almost sluggishly
- There's visible resistance (not sticking, but slowing)
- The effect is subtle but noticeable
On fakes:
- Magnet slides quickly (non-magnetic metals)
- Magnet sticks or strongly attracts (ferrous metals)
- No resistance at all
The catch: This test confirms the surface is silver, but doesn't detect a silver-plated fake with a non-magnetic core.
The Complete Authentication Stack
No single test is definitive. Sophisticated counterfeiters can beat any individual test. But they can't beat all of them.
Here's the authentication stack we recommend:
| Test | What It Catches | Limitations |
|---|---|---|
| Weight | Low-quality fakes | Tungsten/density-matched fakes pass |
| Dimensions | Thickness manipulation | Well-made fakes pass |
| Visual inspection | Obvious details errors | High-quality fakes pass |
| Magnet slide | Ferrous metals | Non-magnetic fakes pass |
| Ping test | Almost everything | Requires accurate analysis |
The ping test is the hardest to beat because counterfeiters would need to match the exact acoustic properties of silverâwhich essentially means using silver. At that point, why counterfeit?
The Pingcoin Advantage
You could do all these tests manually. You could buy scales, calipers, magnets, and loupes. You could train your ear over hundreds of coins.
Or you could tap your coin and get an instant answer.
Pingcoin performs the acoustic analysis that human ears can't. It:
- Captures the sound with your phone's microphone
- Analyzes three key frequency peaks
- Compares against verified reference data for American Silver Eagles
- Delivers a verdict in seconds
No expensive equipment. No guessing. No expertise required.
Free tier: 10 verifications per month Premium: $29/year for unlimited verifications
That's less than the premium on a single Silver Eagleâand it could save you from a $40+ loss on every fake you catch.
What to Do If You Find a Fake
If your testing reveals a counterfeit:
- Don't sell it or trade it. Knowingly passing counterfeit coins is illegal.
- Document everything. Photos, receipts, communication with seller.
- Report the seller. To the platform (eBay, Facebook) and potentially to local law enforcement.
- File a claim. If you paid with PayPal or credit card, you may have buyer protection.
- Report to authorities. In the U.S., contact the U.S. Secret Service (yes, they handle currency counterfeiting) or file a report with the FTC.
Protect Yourself Going Forward
The best defense against counterfeits is buying from reputable sources:
- Authorized dealers (APMEX, JM Bullion, SD Bullion, etc.)
- Established coin shops with long track records
- The U.S. Mint directly (for new issues)
But even then, mistakes happen. Dealers get fooled. Estate collections contain surprises. That one "great deal" turns out to be too good to be true.
That's why verification mattersâfor every coin, every time.
Verify Your Silver Eagles Today
Download Pingcoin and test your coins in seconds. Works offline, no data leaves your device, and the first 10 verifications every month are free.
iOS coming soonâjoin the waitlist.