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but everybody said they thought it was a fake because until now there were only three genuine surviving 1854-S $5 gold pieces known,
Too many people putting their faith in "accepted" norms could have caused this coin to be lost forever.
Just like the opposite side of the issue: too much faith in an established system can also result in major problems.
Think of all the slabbed 1896, 1900, and 1902 micro-O Morgans. They were
TPG graded/slabbed as genuine until 2005 when it was determined ALL of them are counterfeits!
Think of the money that changed hands. and only after (if I read the multiple online articles properly) the
VAM community had already been suspicious of these did a
TPG study them for authenticity.
To prove these Morgans are fake, the TPGs deemed the situation important enough to post online data showing why/how they came to this conclusion.
So why not deem this certification of the ultra rare coin as worthy of posting the equivalent verifiable data online?
Then anyone would have a better idea as to what they want to believe about the find.