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Replies: 33 / Views: 4,908 |
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Bedrock of the Community
United States
10982 Posts |
Your 1911-D needs to be authenticated and in a major TPG slab. It is a $25,000 coin in MS63 and even in AU58 is worth $4,000. Die struck counterfeits and added mintmarks are common on rarities such as this piece and although I don't see anything in the images that look "off", an expert needs to review this coin in hand. EDIT to add: I looked at a few 1911-D Eagles on Heritage Auction archives and your mintmark is nowhere close to the mintmink seen on authentic 1911-D Eagles. My guess is the mintmark has been added to a genuine 1911 Eagle or the coin is a counterfeit die struck piece. My assumption is just a guess. This piece needs an expert review.
Edited by BH1964 06/26/2010 7:34 pm
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New Member
 United States
19 Posts |
its going to be shipped to PCGS on monday, but I hate how much its costing. overall I'm spending 200 to get this coin certified and graded. I guess I cant be mad.
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Bedrock of the Community
United States
10982 Posts |
Quote: ...but I hate how much its costing. overall I'm spending 200 to get this coin certified and graded... Do you have a coin shop in your area? Most coin dealers could at least give you a concrete opinion/appraisal without you sending it directly to PCGS. Also, if you can find a PCGS dealer you should be able to get it slabbed for $50.
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New Member
 United States
19 Posts |
im going to look into that. good idea.
i am getting very worried though. the mint strike does not look authentic.
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New Member
 United States
19 Posts |
yup...the D is smaller in every specimin I could find. great.
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Rest in Peace
United States
4849 Posts |
Quote:Your 1911-D needs to be authenticated and in a major TPG slab. It is a $25,000 coin in MS63 and even in AU58 is worth $4,000. Die struck counterfeits and added mintmarks are common on rarities such as this piece and although I don't see anything in the images that look "off", an expert needs to review this coin in hand. EDIT to add: I looked at a few 1911-D Eagles on Heritage Auction archives and your mintmark is nowhere close to the mintmink seen on authentic 1911-D Eagles. My guess is the mintmark has been added to a genuine 1911 Eagle or the coin is a counterfeit die struck piece. My assumption is just a guess. This piece needs an expert review. That's a very good point bherring. After looking closely at the magnified devices, the overall graininess is a bit concerning. What I would do first before submitting it is to check the weight and dimensions. If they are off, then there is no point wasting money to send it in since you'll know it's fake. There are many fakes made of .900 gold that will pass this test, but at least you will know that your coin has bullion value and it would be worth submitting.
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New Member
 United States
19 Posts |
how much is this coin supposed to weight? I'm going to go to a coin store tomorrow.
Edited by gruenburger 06/26/2010 8:48 pm
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Rest in Peace
United States
4849 Posts |
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New Member
 United States
19 Posts |
the mintmark is also higher up on the coin than on every other picture I see. Could there be a real reason for this besides being counterfeit?
Edited by gruenburger 06/26/2010 9:32 pm
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Bedrock of the Community
United States
10982 Posts |
Quote: Could there be a real reason for this besides being counterfeit?
I'm sure there were various die combinations used to strike 1911-D Eagles but your mintmark did not match any I looked at. I would have a dealer look at it before submitting to PCGS. There are also many gold experts on Collectors Universe Coin Forum. You could post the pics there and get a quick answer.
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New Member
 United States
19 Posts |
ok. if anything is open tomorrow, I will get it appraised. if not, then ill do it monday. keep giving me input, guys!
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Rest in Peace
United States
5375 Posts |
Oh wow, I had no idea this was such a valuable coin. I agree with the others then.
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New Member
 United States
19 Posts |
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New Member
 United States
19 Posts |
the thing that bugs me is that even if this is some kind of minting error, how can anyone know for sure? even PCGS. I mean, there are so few in survival that even if there were a few errors like this they would never see the light of day.
i am also reading that 90% of counterfeited gold coins are $1, $2.5, $3, and $5. that leavs 10%. the odds are really low that this is counterfeited.
Edited by gruenburger 06/27/2010 04:43 am
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Bedrock of the Community
United States
10982 Posts |
My guess is it's an added mintmark. I'll look at a few more on Heritage. Your coin looks like a genuine 1911 Indian Eagle to me. It's the mintmark that looks bad.
Edit: I just looked at 5 or 6 more on Heritage and all have a mintmark that is lower and further from the rim than yours. The genuine mintmark is also a touch smaller.
The PCGS counterfeit guide says to check the rim for short, stubby tool lines between the stars. Can you an edge photo? This guide states "transfer die struck counterfeit $10 Indians are common".
Edited by BH1964 06/27/2010 05:29 am
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Replies: 33 / Views: 4,908 |
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