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 Replies: 23 / Views: 3,594 |
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Valued Member
United States
374 Posts |
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Pillar of the Community
United States
6370 Posts |
Quote:
If someone were going to fake this coin variety why not fake the 1911-D or a 1913-S? These are coins really worth faking. In the middle east, where most counterfeit US gold coins are made, they counterfeit US designs as owning bullion in round-coin form is tax-free while ingots are taxed. The US designs are used because the counterfeits could conceivably be sold for a slight premium over bullion value. The common dates are the counterfeited dates because that's what they have, and mixing and matching of the dies happen to create the rare dates. The common dates are seen most often because they are not closely examined unlike the rare coins. |
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Bedrock of the Community
Australia
21788 Posts |
I am definitely not an expert on fake slabs, and so I am unable to comment in this area.
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Rest in Peace
United States
2668 Posts |
Git R XRFed.  ETA: TypeCoin971793 makes an excellent observation. Edited by Parklane64
12/22/2015 11:33 pm
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Bedrock of the Community
United States
17884 Posts |
Slab is real, I think the coin may have been puttied, and the "weird circle" just inside the rim is the rubber gasket wrapping over the edge of the coin.
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Valued Member
United States
127 Posts |
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Valued Member
146 Posts |
Condor...You da man! Ditto BH1964. The coin has an obvious altered surface - in this case probably putty. So as not to turn any Newbies into a coin Doctor, substances are combined with other substances (or used alone) to produce a film (among other things) on a coin's surface to hide defects or imitate "skin" or luster to trap the ignorant. Should have said "uninformed." It means the same thing folks.
Condor, will you be at the FUN Show?
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Bedrock of the Community
United States
10982 Posts |
Quote:
What is "puttied"? The application of material(s) to the surface of a coin usually done just prior to submission for TPG in order to hide contact marks, scuffs, abrasions, etc. It often turns a whitish color later after TPG. |
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Valued Member
146 Posts |
Oh, I think the weird circle he sees is the one near the letters and rim on the actual coin. It is the reflection from the radials on a slightly worn die.
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Pillar of the Community
 United States
1280 Posts |
So the consensus is that it's probably real with an altered surface. Should it be in a righteous holder or a details holder? Did PCGS realize it was altered, so they gave it ms62 as a "this is what it should be worth marketwise" grade?
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Pillar of the Community
United States
1280 Posts |
thanks to everyone for your opinions!
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Pillar of the Community
United States
4932 Posts |
It's most likely real. Keep in mind, this was in the early days of PCGS when they hardly knew what the heck they were doing, LOL. They undergraded all the time.
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Pillar of the Community
United States
6396 Posts |
Looks real to me, and many Indian eagles show some strike weakness in the obverse center. It's possible this piece was "thumbed" or otherwise treated in hopes of a higher grade but overall nothing seems drastically out of order for a legit MS-62 1910-D.
Coins in PCGS "old green holders" are often suspected of being undergraded. The owner could always crack this one out, soak and rinse it in acetone to remove foreign substances, and resubmit. The potential sale value would jump significantly if it upgraded to 63.
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Bedrock of the Community
United States
17884 Posts |
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Should it be in a righteous holder or a details holder? No it shouldn't be in a probem free older. At the time the con was slabbed it if it had been noticed it would have been bodybagged as an altered coin. Today you might get a details holder or it might be bodybagged because of the altering substance adhering to the surfaces. No I will not be at FUN. I wouldn't mind going but it is too far to travel unless I fly, and I don't relish a 100 mile trip one way on a motorcycle in mid January just to get to the airport. |
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Valued Member
146 Posts |
As Conder101 said and IMO from 1986 and many years after plenty of A/S coins were being slabbed. It is a learning process - EVEN FOR the "experts" who started the slab services. In 1987 at a major coin show I examined a $5 and $10 Liberty slabbed by one of them that the dealer claimed were finest graded! MS-66 or 67's I don't remember BUT both coins were awesome blazers w/virtually perfect glowing gold surfaces ...and BUFFED!
Many gold coins in early slabs have a blue "cast" from the chemical changing. Thankfully, today many of the "doctors" are known and the services are better educated. Now all they need to do is decide on a coin for coin basis how much A/S is allowed :)for straight grades.
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Posted 12/22/2015 8:51 pm
