How do you know if a coin is a scam?

Scam coins are not eager to provide information about their founders as they do not want to be found when the scam finally comes to light. If you cannot find any information about the coin’s founder or its developers, you should not trust the coin. Find out the Purpose of the Coin: Every founder has a purpose to create a coin.

How to identify counterfeit coins?

The methods presented below are not foolproof but can help identify the more obvious counterfeit coins. Since silver, gold, and copper coins are not attracted to a magnet, this can be a simple test to tell if the coin has some iron content.

How do I know if a numismatist is credible?

For example, on eBay, check to see if the dealer has a lot of positive feedback or if they are a novice. If a dealer is a member of a professional organization like the American Numismatic Association (ANA) or the Professional Numismatists Guild (PNG), that helps build their credibility.

What are cryptocurrencies that have no real value?

While the majority of cryptocurrency coins serve a purpose for either an associated blockchain or decentralized application, there are some cryptocurrencies that hold no real value. A coin that offers no real value is often referred to by many in the cryptocurrency community as a "shitcoin".