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ArcaneCollector
ArcaneCollector
Posts : 95
Join date : 2022-06-02
Location : Northamptonshire

Fake Koala Empty Fake Koala

Fri Jun 24, 2022 10:29 pm
Hi all

Thought I’d share my recent experience. I bought a 2015 Silver Koala off eBay for £20. It arrived in a capsule in perfect condition. The seller has over 150 positive feedbacks.

I decided to test it using the Ping Coin Android app. It did not register. So I tried the ping test on the Apple Coin Tester app and again it was not recognised. The coin does have a nice ring to it. I used a magnet and it behaved properly. I weighed it, and it was correct. I then compared it to my 2022 Koala and it was smaller. So I checked with callipers and it was 39.8mm instead of 40.6mm.

I then found a website called fakebullion.com and the 2015 Koala is on there. The fake is silver plated brass. The feet are matt instead of polished and the queen’s neckline is too pointy. Same as mine. I have a fake. Photos attached with circles to mark the fake traits.

Fake Koala 228c5010
Fake Koala 95f8a110

So I contacted the seller and he was horrified and refunded me straight away. I will post it back to him. He thought he had bought a genuine coin. So no more eBay for me! I’ll stick to Martin at the SilverTrader! And I really recommend those ping apps! They actually work!

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The Cat's Mother
The Cat's Mother
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Posts : 1059
Join date : 2021-05-19
Location : UK

Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 8:03 am
That's a salutary tale @ArcaneCollector . I was going to advise you that the coin was possibly a genuine Drop Bear, minted in amazingly small quantities for the not terribly discerning collector, but you probably wouldn't believe me. It was good that your seller was as horrified as you, and that you got your money back.
I wouldn't altogether dismiss eBay though. A number of established dealers sell there (I first came across Martin on eBay), although their prices are usually higher than on their own websites. Some (not many, admittedly) dealers don't have their own websites and sell exclusively on eBay, presumably having balanced cost and convenience. If you ever get into collecting rounds from the various US private mints (as I have) eBay is essentially your only source in the UK as the mints tend either not to ship internationally or to do so only at exorbitant cost. There is the odd dealer over here who carries a few now and again, but that's about all.
As a buyer, I believe it may also be easier to get your money back through eBay than a direct sale - see your Wilted Chard post - but it is a case of buyer beware.

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ArcaneCollector
ArcaneCollector
Posts : 95
Join date : 2022-06-02
Location : Northamptonshire

Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 9:29 am
The Cat's Mother wrote:That's a salutary tale  @ArcaneCollector . I was going to advise you that the coin was possibly a genuine Drop Bear, minted in amazingly small quantities for the not terribly discerning collector, but you probably wouldn't believe me. It was good that your seller was as horrified as you, and that you got your money back.
I wouldn't altogether dismiss eBay though. A number of established dealers sell there (I first came across Martin on eBay), although their prices are usually higher than on their own websites. Some (not many, admittedly) dealers don't have their own websites and sell exclusively on eBay, presumably having balanced cost and convenience. If you ever get into collecting rounds from the various US private mints (as I have) eBay is essentially your only source in the UK as the mints tend either not to ship internationally or to do so only at exorbitant cost. There is the odd dealer over here who carries a few now and again, but that's about all.
As a buyer, I believe it may also be easier to get your money back through eBay than a direct sale - see your Wilted Chard post - but it is a case of buyer beware.

@The Cat's Mother you make valid points! The trick is to find the dealers on eBay. We need a list of trusted eBay dealers!

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Admin
Admin
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Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 11:02 am
I wish you would have decided to keep it. I go on hunts especially around Ebay. As ebay does not give a monkeys back side about fakes despite there policy and procedures. I am on a Ebay group which monitors fakes. 

I buy them.... check them and then report them... Long story, I always get refunded and the seller NEVER gets back the fakes. 

I look for the obvious fakes as I am not trying to con anyone out of a sale... but NEVER send fakes back. Get a crime number and cover yourself. You do not want these back in circulation.
The Cat's Mother
The Cat's Mother
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Join date : 2021-05-19
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Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 11:48 am
@The Cat's Mother you make valid points! The trick is to find the dealers on eBay. We need a list of trusted eBay dealers!

Yes @ArcaneCollector , that would be a good thing to have. There are several that I happily use, mainly in the US (and there have been difficulties with buying bullion from the US on eBay, although these seem to be easing if my recent, albeit limited, experience is to go by). A quick, not exclusive list, and I have left out the sellers with a website (except in two cases):
alohak_20
anstonsilver
bequet (has a website, J P Verdavoir)
bergy95coins
brixton249 (UK seller)
micro_mintage_silver_silvershield (has a website Micro Mintage Silver)
okkopan
silverbrothers
silvergirl555
silverguyzz
1believerinchrist

Give me a few days and I'll try to get links to the sites.


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ArcaneCollector
ArcaneCollector
Posts : 95
Join date : 2022-06-02
Location : Northamptonshire

Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 5:34 pm
@The Cat's Mother you are an absolute legend! Thanks so much, I will save those sellers in my eBay account. 😁👍🏻
The Cat's Mother
The Cat's Mother
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Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 5:56 pm
ArcaneCollector wrote: @The Cat's Mother you are an absolute legend! Thanks so much, I will save those sellers in my eBay account. 😁👍🏻
Can you do that without the links? It would save me a job if you can.
ArcaneCollector
ArcaneCollector
Posts : 95
Join date : 2022-06-02
Location : Northamptonshire

Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 6:54 pm
The Cat's Mother wrote:
ArcaneCollector wrote: @The Cat's Mother you are an absolute legend! Thanks so much, I will save those sellers in my eBay account. 😁👍🏻
Can you do that without the links? It would save me a job if you can.

Yes you can search for a seller in the same way that you search for an item. Silverguyzz has some awesome looking coins! I found one of Donald Trump! Sweet! 😄
The Cat's Mother
The Cat's Mother
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Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 7:04 pm
Whatever floats your boat!
Silverguyzz also lists some items priced in sterling with sterling postage (at a reasonable rate), which means no extra transaction fee. It pays to look at all his listings of the same item. It also helps if you're able to do basic maths, which I'm sure you can. Just mention my name and they'll probably charge you double.
ArcaneCollector
ArcaneCollector
Posts : 95
Join date : 2022-06-02
Location : Northamptonshire

Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 7:28 pm
The Cat's Mother wrote:Whatever floats your boat!
Silverguyzz also lists some items priced in sterling with sterling postage (at a reasonable rate), which means no extra transaction fee. It pays to look at all his listings of the same item. It also helps if you're able to do basic maths, which I'm sure you can. Just mention my name and they'll probably charge you double.

Sweet! I love deals such as “buy two get one”.

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The Cat's Mother
The Cat's Mother
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Fake Koala Empty Re: Fake Koala

Sat Jun 25, 2022 7:36 pm
I thought you were more into the real rarities like the Zimbabwean Roo.  I can just imagine you admiring it while sipping a glass, or two, of Kanga Rouge.  Fake Koala 1f377  Fake Koala 1f377

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