Quote: It means you have to expect a real added value to grade your coins.
Since you posted in this thread I will assume you are commenting on the coins in question. The purpose of sending to a TPG was not for grading but for authentication...and to prevent sawing one in half
PCGS grading of modern gold in the USA is $30..in Europe it's 35 euro
Look at the americans they're literally dying/crying inside ,because you were a bit ignorant of what an American eagle should be, so you felt the need to cut it up. Well if you guys had of reply faster with conviction maybe he would have save the beautiful eagle ^_^.
Quote: Well if you guys had of reply faster with conviction maybe he would have save the beautiful eagle
Really?
1st post asked question at
Quote: Posted 05/03/2018 2:43 pm
Coin cut in half at
Quote: Posted 05/04/2018 09:23 am
Thousands of dollars (or euro) worth of gold and you think 19 hours it too long to wait?
In reality I think this is all a farce since no one in their right mind would cut a AGE in half to see if it was real...and, as an American I am not "dying inside"...I was actually smiling quite a bit
I am in my right mind and I actually cut an American gold eagle. I still feel I ve done the right thing. I'm now reassured about my other coins and it didn't cost me any money for this "authentification".
The coin still has its full value in gold weight and I can turn it to a nice ring for my wife for exemple.
It looks like you're upset about my decision to cut this coin in half and if I can understand it might be little bit hard to watch for coins lover but you don't need to die inside
I hate to say it but it really didn't reassure anything. I would still be weary of any gold purchases that are not authenticated, even from that same dealer.
There was story on the news around my area of a man that bought a gold bar from the Royal bank(well known top 5 banks in Canada if the the top. He melted it to make some sort of jewelry and it turned out to be a fake (from a Bank). So your action did prove that this coin was real, but its not a sustainable approach going forward.
It's extreme, yes, but the first reply the Mr. Tawann received was that the coin looked dodgey and was probably fake.
Next time, just return it to the vendor for full refund, if he's legitimate, and the coin is legitimate, he will accept a return, he can always sell the coin again, right?
Sad to say, fraudulent coins of great expense are rife in the hobby, and there are vendors who sell them, and others not knowledgeable enough or willing enough to invest the time or money to authenticate the goods they offer to collectors.
I have no experience with "cutting" gold coins, but it looks like the OP used some dikes to cut each edge, then snap the coin in two. If that is what they did, I really have no clue if the resulting "cut" edge would look like the image. I think brass might look like that, but don't know if basically solid gold would do the same.
The simple solution here would to have had the coins in question scanned.
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*** Edited by Staff to add YouTube tags. Please use them in the future. We prefer embedded video. *** Any bullion dealer that makes a significant living by buying and selling precious metals will have such a device. If you have coin shows where you live, you'd be likely to find a dealer that has such a device. The results are definite and no destruction is necessary.
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Posted 05/08/2018 06:27 am
- A bit extreme but if it's reassurance, then open it up.
