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$20 Double Eagle, What Do You Think About It's Authenticity From Photos? (1924)

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 Posted 11/24/2022  2:35 pm Show Profile   Bookmark this topic Add thecoinguy1964 to your friends list Get a Link to this Message
I just received on my phone, have not viewed in person or weighed.

*** Edited by Staff to Add Year to Title. Titles are Important! ***


"When a strong man, fully armed, guards his house, his possessions are safe."
- Luke 11:21
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 Posted 11/24/2022  2:54 pm  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
1924 is the most common Saint so really a slight value over bullion, I see nothing that screams fake on this one, likely a good one from the photos. definitely weigh and inspect carefully. Lot of ticks and rim dings, I'd be pricing this one at a bit below market value as it's beat up a bit.
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 Posted 11/24/2022  3:57 pm  Show Profile   Check jacrispies's eBay Listings Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Common date, contact marks, and nice luster show no red flags.
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 Posted 11/24/2022  4:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Same. Weight is critical.
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 Posted 11/24/2022  4:30 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I find the speckled appearance of the obverse surfaces to be a bit puzzling.
I must admit that I don't have a definitive answer for that.
It seems a bit odd that the rims are somewhat dinged,
but the rest of the coin looks to be much better, in terms of condition.

There is a reason why the OP has asked for opinions based on the photos.

Accurate weight and comparative ping tone testing would help in any further investigation.
If were to buy it, I would need these extra simple tests to be done.
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 Posted 11/24/2022  5:23 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
The hands, hair, face, and T look suspicious to me.
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 Posted 11/24/2022  6:03 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I agree with kbbpil, looks fake to me. Face looks like a man. But could still be gold, but if fake, probably not. Need weight for that call.
Edited by jimbucks
11/24/2022 6:05 pm
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 Posted 11/24/2022  9:19 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
The OBV picture is taken at a slight angle so I don't want to trust how it is showing all of the features. I put a PCGS certified one beside the pic of this one and looked at tiny details. But resolution caused problems in being certain of details matching or not.

Just make sure you can get your money back.
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 Posted 11/24/2022  11:32 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Looks okay to me. If the size and weight are good then you're fine.

You could also buy a certified example for a little more money if you're not comfortable handling raw gold.
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 Posted 11/25/2022  10:50 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
Thanks for the insight & opinions. I offered up $1,500, but I have not heard back from him. I still have not viewed in person or wieghed the coin, will do if I hear back.
Belated Happy Thanksgivng to all!
"When a strong man, fully armed, guards his house, his possessions are safe."
- Luke 11:21
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 Posted 11/25/2022  6:34 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The fields on the obverse do not look natural. Spot value of a Saint is at $1700. You should be concerned that the coin is a fake if offer accepted $200 below spot. Do not make purchase unless you have return privilege.
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 Posted 11/25/2022  6:41 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
If you are buying from a no-name seller I wouldn't waste my time. Odds are too high you will get stuck with a lemon, if you even receive it. TPG certified $20 do not carry a large premium over spot, plus there are plenty of reputable dealers that have these raw for minimal premium that are trustworthy.
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 Posted 11/25/2022  10:45 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
I don't like the look of her left leg and thigh...seems like she's wearing pants.
I would walk away....... as suggested above.
I'm by no means a pro and will never claim to be...just my 2 cents
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 Posted 11/26/2022  12:40 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
I offered up $1,500, but I have not heard back from him.


As noted above these coins have $1700 in gold in them. There's no buying one for less than that without either ripping someone off (who doesn't know it's metallic content) or buying a counterfeit.

Genuine pieces of pre-1933 U.S. mint gold can be sold for their melt value very quickly and easily.

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 Posted 11/26/2022  1:43 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
I was not trying to rip the guy off with a $1,500 offer, that's 10% below melt. That was my offer, with my risk value figured in. Needless to say, I have not heard back from the guy.
"When a strong man, fully armed, guards his house, his possessions are safe."
- Luke 11:21
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 Posted 11/26/2022  2:04 pm  Show Profile   Bookmark this reply Add Jerry Picker to your friends list Get a Link to this Reply
Risk value? Would you send him the other 10% if it's genuine?
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