Warning Signs of Fake Rare Coin Listings in Michigan
Michigan collectors looking for rare coins online or through private sales must be careful—fake listings are becoming more common. These scams can be convincing, so knowing what to look out for is essential before making a purchase.
Here are a few warning signs:
- Overly generic or copied photos – If every image is stock or reused from other sites, be cautious.
- Prices that are far below market value – Extremely low prices are often a tactic to lure buyers quickly.
- Lack of grading information – Real rare coin listings include grading from reputable services.
- No verifiable seller history – A seller with little or no online record may be using a new identity.
- Pressure to pay with non-traceable methods – Be wary of requests for gift cards, crypto, or wire transfers without protection.
Before purchasing, compare the offer to verified listings and, when possible, check with a rare coin dealer Michigan collectors rely on. If something doesn’t feel right, it probably isn’t.