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Pillar of the Community
United States
1531 Posts |
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Pillar of the Community
United States
1023 Posts |
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Pillar of the Community
United States
1531 Posts |
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Pillar of the Community
Canada
5417 Posts |
That coins looks sooo off what a normal 2 1/2 Indian should look like. I'm surprised that it sold.
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Valued Member
United States
125 Posts |
Being some one that doesn't own any gold coins, I have no idea what features make this one fake. Can anyone point out the biggest reasons why this one is a fake? It would be good to know for future reference if I ever want to get one.
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Pillar of the Community
 861 Posts |
Ummm, OK, not the responses I expected. This is a "genuine" 1911-d $2 1/2 Gold Indian about MS-63 and probably worth 5 figures. The seller mistakenly put this coin up as a 1911 with a Buy-it-Now of $375. The seller did not realize his mistake until after he sent the coin out. He contacted the buyer and the buyer refused to cancel the sale. The seller than contacted the USPS to intercept the package. They said they could, but, they failed and delivered the coin to the buyer today. I'm not sure how I feel about this issue. The buyer did screw-up in his listing of this coin, but, it seems obvious that nobody would purposely put up this 1911-d at $375.
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Pillar of the Community
United States
1023 Posts |
I'm not good at detecting fakes. I figured this could be fake because the details on the eagles neck and indians headdress look almost exaggerated and too clean. The surface looks funny also.
But thats a bummer and a very strange issue.
Edited by Jon Brand
05/20/2014 11:19 pm
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Pillar of the Community
861 Posts |
Hi Jon, This seller doesn't know how to take proper pictures of coins and based on his coin "expertise", he probably shouldn't be selling coins as he is really a jeweler. He used a scanner which makes the details look stronger and messes-up the surface appearances. His current coin listing, 1854 $1 gold, looks like crap in his pictures as well: http://www.ebay.com/itm/1854-Gold-D...em3f3658384bI'd say he's not going to be in business much longer if he doesn't start paying more attention to what he's doing |
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Pillar of the Community
United States
3843 Posts |
Interesting. I wonder if the seller was able to intercept the package, if he would be able to legally keep the coin. After all the buyer had "won" the coin, paid for the coin, and the seller had shipped the coin to the buyer. At some point the coin becomes the buyer's property, the question is when this transfer of ownership occurs. I don't collect this series but thought for sure that this coin was counterfeit. I guess I need to brush up my Counterfeit Detection skills. Edited by Joe2007
05/20/2014 11:38 pm
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Pillar of the Community
United States
1023 Posts |
Oh I didn't realize scanners do that to the appearance. Now I know! THanks
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Pillar of the Community
861 Posts |
Joe, my thoughts exactly. After all, he did sell the item, buyer paid and then he mailed it out and only learned of his mistake after the mailing. I'm not sure what I would do as the buyer. I think this is more of an ethical issue that I'm not sure of.........I probably should have read more Socrates in school. lol
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Pillar of the Community
United States
3843 Posts |
I suspect, that if so inclined, the buyer would consult with an attorney on a windfall of this size.
The ethical questions in this scenario are interesting. Since the jeweler is not a numismatic professional it can be argued that morally the buyer should share some of his windfall with the seller. Although the seller trying to stop the package in transit is also of questionable ethics.
Edited by Joe2007
05/20/2014 11:54 pm
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Pillar of the Community
United States
1280 Posts |
Too bad for the seller. He obviously knows little about coins. Probably some eBayer let him know after the listing completed about the mistake and now he's trying to make up for his ignorance.
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Pillar of the Community
861 Posts |
You are correct machine20, that is EXACTLY what happened.
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Pillar of the Community
United States
4409 Posts |
So the coin is real, I couldn't tell so I refrained from making a judgement.
An MS-62 1911-D sold on May 18th for $10,810 and an MS-63 of the same date sold for $15,275 at Heritage.
-MV
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First Page
Posted 05/20/2014 10:45 pm
