Bogus Silver? - Coin Community Forum

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Author	Replies: 5 / Views: 1,275
StackingFool New Member United States 10 Posts	Posted 09/21/2012 11:32 pm Hi. I am a noob and want to thank you for this great forum. I bought this coin from a previously trusted dealer, and it had so many strange attributes that I decided to look it up. 1. It is not a normal weight for a .999 AG coin but rather .645 ozt 2. It does not contain the word Silver or AG on it - just the .999 3. I could not find the mint on Google. I will attempt to upload 2 images: Report this Post to the Staff

SteveCaruso Pillar of the Community United States 1796 Posts	Posted 09/22/2012 12:22 am First, welcome to the forum! :-) You'll find a veritable cornucopia of numismatic knowledge freely shared here. As for your coin: It's from the so-called "American Mint" which is known for selling cheap privately-struck coins for ridiculous prices. I'm sorry to say that any silver is probably only a thin outer layer. Report this Post to the Staff
StackingFool New Member United States 10 Posts	Posted 09/22/2012 10:30 am Thanks SteveCaruso: Well - this was my first silver ripoff ... Too bad. Thanks for the info, and financially, I will treat it as an easy lesson (only bought one). It is just a shame that the only local coin dealer within reasonable distance seems to be a crook. I will give him a chance to redeem himself, but I don't have high hopes for someone who is registered with PCGS, and then proceeds to sell a several times return customer a piece of junk as AG. Thanks for your real expertise, and for the real scoop! Report this Post to the Staff
SteveCaruso Pillar of the Community United States 1796 Posts	Posted 09/22/2012 5:04 pm Hang on just a mo as I was actually able to track down some more info about your coin. Where I first came across this listing: http://www.ebay.com/itm/BOSTON-TEA-...047675.l2557 (This one the starting bid was at $4 and there were no takers.) I was then able to find a copy of the CoA: http://www.icollector.com/1773-Bost...ica_i8544148 It claims that it's 20 grams of .999 silver. There's also another version of this coin that is copper and silver plated in several sizes as well as a tiny gold version: http://www.ebay.com/itm/BOSTON-TEA-...em27ca824e5a And a 20 Liberian Dollar version that shares the same obverse: http://www.worthpoint.com/worthoped...99-132453053 What makes it so hard to track down information about it is that American Mint discontinued the design. You may have a 20 gram fine silver one there. Report this Post to the Staff
StackingFool New Member United States 10 Posts	Posted 09/22/2012 9:56 pm Thanks for the info - I didn't quite have my hands around the dealers throat yet I believe the coin is the 20G silver - at least looks exactly the same and weighs 20.0xg. Do you have any idea how to verify it, now that I have an idea? Thanks again for your help! Report this Post to the Staff
StackingFool New Member United States 10 Posts	Posted 09/22/2012 10:10 pm Just noticed the one that did not sell, also did not have the 999 mark on it. How many of these things are there? Report this Post to the Staff
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