Warning: Counterfeit Silver Eagles from Multiple Accounts Offered at Low Prices

Unrealistically Priced Silver Coins and Multiple Seller Accounts Raise Concerns

A discussion on an online forum has raised the possibility of a scam involving silver coins on an auction site. The product in the shared link was listed at a price significantly below its market value.

One forum member stated definitively that the listing was "without a doubt a scam." As evidence, they pointed to the seller's limited sales history and the fact that the account was registered in the current month.

Contradictory Seller Information: Location Listed as Australia and New York

Contradictions in the seller's information were also pointed out in the thread. One user reported the seller's location was displayed as "Australia," while another found it was shown as "Schenectady, New York, United States."

Furthermore, it was confirmed that in addition to the initial listing, the same item was being offered by multiple accounts under different usernames. One participant commented that the pricing itself screamed, "Chinese counterfeit!"

"Garbage from the Beijing Mint": A Past Buyer Describes the Counterfeits

The thread also included a post from someone who had intentionally purchased a similar item previously listed at half its bullion value. According to this individual, while the advertisement and product photos used genuine American Silver Eagles (ASEs), what actually arrived was a counterfeit made to defraud people, which they described as "garbage from the Beijing Mint."

Other participants chimed in, jokingly deriding the counterfeit as being made of a new metal called "chinesium." Although the auction site has a money-back guarantee, forum members agreed that buyers should avoid sellers with zero feedback or unrealistically low prices.