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Fake $10.99 It was the golden age of eBay. Optimistic bidders went online to the world’s largest flea market in droves, ready to spend cash on everything from garden gnomes to Mercedes convertibles. Among them were art collectors willing to spend big money on unseen paintings, hoping to buy valuable pieces of art at below-market prices. EBay also attracted the occasional con artist unable to resist the temptation of abusing a system that prided itself on being “based on trust.” Kenneth Walton — once a lawyer bound by the ethics of his profession to uphold the law — was seduced by just such a con artist and, eventually, became one himself. Ripped from the headlines of the New York Times , the first newspaper to break the story, Fake describes Walton’s innocent beginnings as an online art-trading hobbyist and details the downward spiral of greed that ultimately led to his federal felony conviction. What started out as a satisfying exercise in reselling thrift store paintings for a profit in order to pay back student loans and mounting credit card debt soon became a fierce addiction to the subtle deception of luring unsuspecting bidders into overpaying for paintings of questionable origins. In a landscape peopled with colorful eccentrics hoping to score museum-quality paintings at bargain prices, Walton entered into a partnership with Ken Fetterman, an unslick (yet somehow very effective) con man. Over the course of eighteen months they managed to take in hundreds of thousands of dollars by selling forged paintings and bidding on their own auctions to drive up the prices. When their deception was discovered and made international headlines, Walton found himself stalked by reporters and federal agents while Fetterman went on the lam, sparking a nationwide FBI manhunt. His elaborate game of cat and mouse lasted nearly three years, until the feds caught up with him after a routine traffic violation and brought him to justice. In this sensational story of the seductive power of greed, Kenneth Walton breaks his silence for the first time and, in his own words, details the international scandal that forever changed the way eBay does business.

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7 Tips To Identify Fake Bullion Coins

The inflation has truly changed the lives of many. With the deteriorating economy, many are hurrying to invest in precious metals like bullion coins, bars and bullion. With the high demand of gold, many are taking advantage of innocent individuals by producing massive counterfeit coins in the market.

True enough, many have been victimize by people retailing counterfeit bullion coins. If you are not careful enough, you can be one of them. In order to spot if the gold coins that are circulating in the marker are counterfeit or not, check the following ways below.

Confirm The Quality Of Metal
This is the easiest way to tell a counterfeit. Fake coins can either look dull or too shiny. In order to tell the discrepancy, you need to know first the quality of metal used by the original coins. The fake gold coin may have a grainy texture and appearance.

Use Magnet To Tell If The Gold Coin Is Authentic
Magnets can help catch if the coins are authentic or not. Magnets can attract fake and cannot attract original gold coins.

Use Sterling Silver Cleaning Solution
In a sterling silver cleaner solution, plunge the bullion coins. If you notice that the coating changes in color and the gold coins tarnish after a day, then the coins are certainly fake.

Check Even The Smallest Detail Of The Coins
For review purposes, it is necessary to make a list of the diameters of real coins. You may want to get a scale calibrated by grams. If a bullion coin measures a little bit on the lighter side or perhaps, more than it should be, better thinks twice. Aside from the weight, check also the diameter and thickness.

Be Familiar With The Individual Facts Of Each Coins
Clearly every gold coin collectors are familiar with the distinct markings, images, dates and words in their coin collection. They can readily identify a counterfeit just by looking at these information. Every details are important. A slight discrepancy can mean that the coin is counterfeit. Also know where the image should be facing in real coins. Let’s say we are looking at a 1958 US Gold dollar. It features an Indian princess wearing a feathered cap. When you count the feathers, it should total to seven. One feather less means the coin is definitely a counterfeit.

Assess The Coins By Listening
Listen carefully as the coin hits a hard surface. Experts can readily tell if the coins are counterfeit just by mere listening. Take note that bullion coins will make a distinct strike, while a coin mixed with other metals will simply create a dowdy thump. In an ideal world, you should have a bullion coin so you can readily compare in between coins.

Audit The Price Of The Coins
Before you buy any coins, know their value so that you will not be easily swayed. If he is giving you a price that is very questionable, do not hesitate to ask. You can also check online with other resellers and inquire if the price of the bullion coins is at standard.

Investing in bullion coins is definitely a good solution to the deteriorating economy. On the other hand, be sure to check the bullion coins if they are genuine. Better be a smart and careful consumer than a weeping buyer. Good luck!

Ready to sell silver coins online? Go to the links to find the most effective way to cash for silver coins.