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Replies: 18 / Views: 3,129 |
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Moderator
 United States
23522 Posts |
I don't see a thing which makes me worry about authenticity.
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Pillar of the Community
United States
7194 Posts |
Love the one dollar gold piece, still a hole in my 7070.
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Bedrock of the Community
United States
36800 Posts |
Nice pick up. Both coins look good and are very collectable. I think you did better than great for the price.
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Valued Member
United States
179 Posts |
Having extensively collected the Gold Dollar series....the coin looks suspicious. Especially the raised lumps on the nose. I was fooled twice by fakes....they ARE that good. Though I'm not a fan of slabbed colonials, gold dollars NEED to be TPG authenticated. If you insist on buying unslabbed gold get the Counterfeit Detection books to let you understand what to look for.
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Pillar of the Community
United States
4337 Posts |
that $1 gold is authentic both are authentic
you paid $144 for the $2.50? great deal
what did you pay on the 1854? you should send that in for PCGS to slap an MS label on it and you've got a real nice piece for resale one day
awesome coins
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Bedrock of the Community
 United States
11951 Posts |
I do have PCGS's Counterfeit Detection book, and I have looked through the book and see nothing specific. It does say that one and three dollar coins are commonly faked, To me there is also a lot of real ones. When I got home this afternoon, I looked at it with a 10X glass, I see no raised bumps on the nose. there is a hit on the face close to the nose. My picture taking skills are not that good, but in this case, I think the one dollar coin is not quite as good as it looks in my picture. There is a good expert in the Mobile Al, next time I am in that area .. or see him at a coin show I will have him check it out. I have no problem buying slabbed coins .. or raw coins. Because I have a good relationship with a few local dealers, and buy a lot of coins, I think I get many coins at dealer to dealer price. I paid $125.00 for the 1854 $1.00 Again I want to thank everyone for posting .. everyone's opinions give us something to check out .
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Bedrock of the Community
United States
36800 Posts |
GR58 you got some great deals on those, I'm envious.
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Pillar of the Community
United States
4337 Posts |
$125 is ridonk on that coin for a price...well done, I too am envious...
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Pillar of the Community
United States
5854 Posts |
On authenticity, I don't see any red flags on either one. The gold dollar looks like it may grade AU-58. The indian quarter eagle has the details of a high AU. The coin has some hairlines that sort of appear to run across the coin and may be called wiped or cleaned by a TPG. Problem free or not, you made out like a bandit on both coins!
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Pillar of the Community
United States
2589 Posts |
I would agree high Au on the gold dollar, these often have weak strikes on the reverses as this coin does. If its still got the luster required it might make mint state.
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Bedrock of the Community
Australia
21788 Posts |
If you are going to buy bullion coin gold, I reckon half eagles are optimal, in terms of size of investment versus premium.
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Bedrock of the Community
United States
10982 Posts |
Both coins appear genuine with the G$1 really looking good. The only concern I have is questioning why a coin shop would sell these coins for far under their actual value.
Being conservative and going from the images only I'd call the G$2.50 a AU+ details piece worth about $225. The G$1 appears MS or very close to it and free of problems to boot; a $250 piece minimum.
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Bedrock of the Community
 United States
11951 Posts |
Quote: The only concern I have is questioning why a coin shop would sell these coins for far under their actual value. I know .. if it seems to good to be true .. I spend a lot of time at coins shops .. I have for the last 30 years .. one of my favorite places to hang out. I also help out at two LCS 4 days a week, buying and selling coins. In my experience if you are in a coin shop when they make a large purchase, it is possible to make really good buys. Of course this depends on the relationship you have with the owner, and how much you are willing to buy. I have several friends and family members that use me to purchase coins for them. They wait for me to tell them when it is a good deal. When LCS's make a large purchase they sometimes have to turn it over quick. I know I have purchased over 25k so far this year ... for friends, family and myself. Like this is one purchase.  I guess to answer your question .. if you are in the right place at the right time .. and have the right relationship .. you can sometimes get good deals.
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New Member
United States
39 Posts |
Wow. That is a serious assortment of coins right there.
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Bedrock of the Community
 United States
11951 Posts |
Dragging up another old post, could not decide if it was better to start a new thread of use the old one.
Was thinking some might like to see again what they posted about this coin.
------------------------------------------------------- To catch up.
ANACS at the end of June offered two free submissions. All you have to pay is return shipping and Ins. Which was $21.00 for two coins. One of the coins I choose was the 1854 $1.00 posted above.
The two coins I picked, I thought would benefit by being in a slab and authenticated. Small gold are known to have plenty of fakes. (I did not send in the 1925 D)
So if and when I sell this
1854 Gold $1.00
Having it in a ANACS slab will benefit me and any potential buyer. I know there are good arguments that better coins should be in a PCGS or NGC holder. But to me for the cost of $10.50 to have this slabbed, is a big plus.
It lets a buyer know it is real, and what grade it is. And if the buyer thinks like I do, I have less problem breaking a coin out of a ANACS holder to put into my Dansco, than I do for PCGS or NGC holders.
Any thoughts or opinions on sending this coin in?
Oh I should have the coin back next week, so can post more pictures then.
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