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$1 Gold Dug Today!

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Tim Stroud's Avatar
United States
2661 Posts
 Posted 05/25/2014  1:33 pm Show Profile   Bookmark this topic Add Tim Stroud to your friends list Get a Link to this Message Number of Subscribers
I got permission to hunt a new 10-12 acre site that once had an 1800"s era homestead on it and I found this. I am wondering as to its authenticity, especially with the multiple errors I have noticed in the pics. It has a 180 deg die rotation,die cracks, doubling (possibly machine), and die clashes. Guys I need help with this one as I am not at all familiar with gold issues. I am calling VF20ish, what do you guys think? I know is has some problems, but If it is real, is it worth sending in for grading?

$1-Gold-Dug-Today!
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John1's Avatar
United States
56855 Posts
 Posted 05/25/2014  1:35 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Always nice to find gold,congrats.
John1
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 05/25/2014  1:38 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Looks authentic. Nice find!
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 05/25/2014  2:00 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Wow...Amazing find!! This coin is at minimum XF45 details...possibly AU. Lots of luster and detail. There are a few areas of "roughness", maybe from being in the ground so long...so I don't think it will grade problem free. Also, the missing detail on the top of liberty's crown is quite odd. But the detail is much higher than VF20. I don't see anything that would make me question authenticity....but there are some amazing gold counterfeits out there, so it would be prudent to send it into a TPG just to make sure.
Edited by johnny54321
05/25/2014 2:03 pm
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robbudo's Avatar
United States
2757 Posts
 Posted 05/25/2014  2:38 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
if you're worried about authenticity, weigh it.

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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 05/25/2014  2:46 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply
That's amazing! We're all jealous! Free coin worth a few hundred?
Looks completely genuine to me, and the die rotation will likely add value.
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Paul Bulgerin's Avatar
United States
3098 Posts
 Posted 05/25/2014  2:47 pm  Show Profile   Bookmark this reply Add Paul Bulgerin to your friends list Get a Link to this Reply
All the rest of us metal detectorists are green with envy!

Great find!
Paul Bulgerin
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johnny54321's Avatar
United States
4849 Posts
 Posted 05/25/2014  2:53 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
if you're worried about authenticity, weigh it.


that won't tell you much, as the better counterfeits are made out of 90% gold(and if this is a counterfeit, it is definitely one of the "better" ones).
Valued Member
MikeLuvsCoins's Avatar
United States
166 Posts
 Posted 05/25/2014  3:21 pm  Show Profile   Bookmark this reply Add MikeLuvsCoins to your friends list Get a Link to this Reply
Sweeeeeeet find
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DavidZerbato's Avatar
United States
1081 Posts
 Posted 05/25/2014  9:06 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
Awesome find!! This series is plagued by die clashes and weak strikes, so that should be normal. Looks good to me.
Valued Member
United States
469 Posts
 Posted 05/25/2014  10:54 pm  Show Profile   Bookmark this reply Add Not Mint to Be to your friends list Get a Link to this Reply
I have never found a gold coin. You never know what you will find "dirt fishing."
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 05/26/2014  08:35 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Thanks for all your input guys. I really want to get back out to that site but it is infested with snakes. I don't mind the harmless types, but I saw 6 in a little over an hour and 2 of those were copperheads, I don't do copperheads unless it is the bust of some dead person (pun intended). This property consist of a couple of acres of wooded, and several more cleared, but grown up with weeds. All total it is around 10 or 12 acres. The property owner says she is not sure where the house was located, but I think I have a good idea due to the location of 2 large oaks that stand alone in the cleared area.

I plan to locate the privy and dig that this winter if she will allow me to do so. No telling what awaits me on this property since it is located in an area where there was a lot of CW skirmishes and about 14 or so minor encampments within a 3-4 mile radius of the property.
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 05/26/2014  08:47 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
One more thing guys, The doubling on the obverse is barely visible and can't really be seen in the photos. The reverse however is prevalent except for around the letterers in "Dollar". In your opinion, is it MD or a DDR?
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dave700x's Avatar
United States
10625 Posts
 Posted 05/26/2014  09:00 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Great find! I think it is probably authentic as well. A quick search of the bay found this example listed. http://www.ebay.com/itm/1861-Gold-D...em5409cad410
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DNA's Avatar
United States
2734 Posts
 Posted 05/26/2014  09:41 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
The biggest problem with $1 gold coins back in their circulation days was that they were very small, and easy to lose.

I'm picturing a person frantically trying to find this very coin...
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pcunix's Avatar
United States
58 Posts
 Posted 05/26/2014  09:42 am  Show Profile   Bookmark this reply Add pcunix to your friends list Get a Link to this Reply
I don't think slightly rotated dies are unusual for that time and are not a cause for concern. I don't know a lot about gold, but it's certainly common on other coins.
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