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 Replies: 28 / Views: 3,523 |
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Pillar of the Community
United States
807 Posts |
There are gold counterfeits of gold coins. I've seen a number.
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New Member
 Canada
14 Posts |
Thanks for the info guys, The golds I see on E-bay are trying for between $400-$500 each. I would sell there but I have like 3 positive ratings for buying, none for selling. So odds are I would not do well there. I will try to borrow a better camera until mine comes in and get a few picks of the older silvers, I thought I had a Small Bead 1966 Silver canadian dollar but turns out it is the large bead. :(
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Pillar of the Community
United States
3343 Posts |
Go to an established jeweler. Most of them buy scrap gold and silver and have been at it for long enough not to be fooled by counterfeits. The 2 silver dollars you showed should get $30 just for the metal at current prices.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Valued Member
United States
324 Posts |
I see gold counterfeits at small auctions in the rural areas.  |
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New Member
United States
41 Posts |
Try using the macro setting on your camera. Visit the coin photography forum for coin shooting tips. Your camera may be better than you think!
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New Member
Canada
14 Posts |
Well I just took those with my Iphone. I have a camera on order, when ever it comes in I will post hopefully clearer shots.
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Pillar of the Community
United States
1659 Posts |
I realize the dealer has to make a profit, but I think he gave you a low-ball offer. The 1/10 ounce platinum will carry a pretty heavy premium over the spot price of platinum. Based on the completed listings I've seen on ebay, I would expect you could easily get between $170-$185 (US) for that coin. Even if you don't sell these on ebay, I think you could get a better price for these coins if you shopped them around a little. I can't speak to the authenticity of the half eagle, but I have seen counterfeits that were made of gold. I know this because I personally got burned by one. 1853 is a common date for the half eagle. It's hard to tell from the pics, but I don't see anything that is screaming at me that it is counterfeit. I would definitely seek a second and third opinion on it before you write it off as being counterfeit. You could also weigh and measure the diameter of the half eagle. A genuine specimen will weigh 8.359 grams (probably just a hair less due to wear). The diameter should measure 21.6 millimeters. |
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New Member
Canada
14 Posts |
Hi Guys, I managed to get a better app that took somewhat better pics. The Americam Eagle I am worried about being counterfeit, I don't feel concerned about the others.
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New Member
Canada
14 Posts |
Here are the images I managed to get tonight. Now I am hoping the cheap mastercraft Caliper I have is wrong in the size or there is another explanation for it not being 21.6mm. as it measured 21.78...21.79...then 21.8 Thoughts? Thanks    Edited by wmason
08/08/2013 8:45 pm
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New Member
Canada
14 Posts |
I just want to say I really do appreciate everyones input on this. This forum is awesome. I am working on getting a scale, kind of iffy on the scratch acid tests and the electricity test. Thoughts on these?
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Pillar of the Community
United States
1659 Posts |
It's certainly possible the calipers could be off by a little. A small digital scale is all you need. They are plenty accurate for these purposes. I got mine a while ago on ebay for about $10 including shipping. I would not recommend the scratch acid test for coins. I use it all the time for jewelry, but never coins. You wouldn't want to do any kind of a destructive test on coins. Please let us know what it weighs once you get a scale.  |
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Valued Member
United States
156 Posts |
The 1863 British Sovereign has .2354 oz. pure gold as made, so melt value on 8/11/13 would easily be over $300. I calculate that the dealer who offered you $256 was offering you 82-83% of melt. Here in the U.S. my shop pays no less than 90% of melt for common foreign circulated gold. You need to find a different dealer. The authenticity of the U.S. Half Eagle is questionable. If your caliper is a precision make, then your measurement makes the coin about .2 mm greater in diameter than the as made standard of 21.6 mm. Not likely to be anything but a smaller diameter on a circulated example. What does the coin weigh in grams ? Had it tested non-invasively for fineness yet?
Edited by judd1552
08/11/2013 9:11 pm
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New Member
Canada
14 Posts |
Wow, You guys are great. So much information, and good and honest information too. If the eagle is CF so be it, I got them for nothing so there is nothing to loose. However I don't like being taken either. Granted he has to make money too and I can understand him coming in a bit low. But I see that british sovereign going for 400-500 on e-bay too. I will see what I can get for a scale CW and I will weigh them both and get the information up here. Judd, what non invasive ways can this be tested? Thanks again guys.
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Valued Member
United States
156 Posts |
A gold coin can be tested with the same style of electronic meter that is used to test gold or platinum jewelry. Any reputable jeweler should have one on hand. Most competent coin dealers keep them on hand as well.
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Pillar of the Community
United States
3343 Posts |
With better photography the US $5 has inexplicable defects. Missing E in an otherwise strong LIBERTY. A void next to the mouth. I haven't seen any real coins with these problems. I hope you find that it's gold.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
08/13/2013 12:08 am
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Replies: 28 / Views: 3,523 |
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First Page
Posted 07/31/2013 06:08 am
