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US Gold Error

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Valued Member
Canada
220 Posts
 Posted 10/08/2012  09:41 am  Show Profile   Bookmark this reply Add Islander2010 to your friends list
with unholyroller, we've spent enough time going over this. You still refuse to accept the learned opinions of some seriously knowledgeable people on this forum, so your challenge is now to prove all of us wrong, and the only way that's going to happen is if we see it certified by PCGS/NGC/ANACS. Good luck with that...
Bedrock of the Community
United States
17884 Posts
 Posted 10/08/2012  12:32 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
is strange that a guy that would make a counterfeit or a jewelry piece would worrie about his weight,

This would be true for a contemporary counterfeit where the counterfeiter is looking to make his money by shorting the amount of gold in the coin. But in the late 50's through the 1960's there was a big business in the middle east making counterfeit US gold coins. At that time it was illegal for US citizens to own gold, but they could own US gold coins made in 1933 or earlier and could bring them into the country simply by declaring them and applying for an import license at customs as they came home. At that time the cost of most common date US gold coins was about two to three times the bullion value, gold dollars significantly more so maybe five to ten times melt. Now a Middle East fake that was off size or weight would be easily spotted, and they were making their money by buying the metal at melt and selling it to tourists at two to three times melt. It was to their advantage to make sure the fakes were precisely the same size and weight as the genuine coins.


Quote:
Gold is soft enough that you can leave dents in it when you bite it--it seems to me that a restamp might not show any trace of the old design.

Gold isn't quite as soft as you might think. Yes if you really try it is possible to leave a mark on a 900 fine gold coin by biting it, but you will run a VERY good chance of breaking your teeth doing so. They are rare but if you see a double struck gold coin, even using the mints own equipment you will often see traces of the first strike below the second strike.
New Member
Portugal
47 Posts
 Posted 10/12/2012  4:46 pm  Show Profile   Bookmark this reply Add chicco to your friends list
ok
Pillar of the Community
United States
1391 Posts
 Posted 01/24/2013  5:44 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list
I know this thread has died, but Biokemist referred it to in another thread. Does anyone know what ended up happening?
Edited by The Silver Searcher
01/24/2013 5:45 pm
Moderator
Learn More...
United States
23522 Posts
 Posted 01/24/2013  5:59 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
I know this thread has died, but Biokemist referred it to in another thread. Does anyone know what ended up happening?


Nope. The above was his last post on the forum, although he's visited since.
Valued Member
United States
100 Posts
 Posted 01/24/2013  7:32 pm  Show Profile   Bookmark this reply Add Trickworm to your friends list
Sooooooo...
New Member
Portugal
47 Posts
 Posted 01/24/2013  8:11 pm  Show Profile   Bookmark this reply Add chicco to your friends list
i am alive
New Member
Portugal
47 Posts
 Posted 01/24/2013  8:32 pm  Show Profile   Bookmark this reply Add chicco to your friends list
i stop posting because they said that this was impossible to happend so I stop posting
Valued Member
Canada
271 Posts
 Posted 01/24/2013  9:24 pm  Show Profile   Bookmark this reply Add OddCoins to your friends list
I am no expert on gold dollars. However, there is no doubt in my mind that this coin was NOT made in 1858.
PERHAPS...
The entire date has been altered, which would explain the different serif,
OR,
It is a real coin, but restruck with counterfeit dies,
OR EVEN,
Maybe it is a genuine 1853, but a jeweler has tooled the whole coin to remove wear, and altered the date into and 1858?

Or it could just be a fake.
New Member
Portugal
47 Posts
 Posted 01/24/2013  9:28 pm  Show Profile   Bookmark this reply Add chicco to your friends list
Is strange after a year no certain conclusion with this coin, the weighth is the same as the original, I checked on a jewelery shop
Pillar of the Community
United States
3184 Posts
 Posted 01/24/2013  10:15 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list
so you never sent this in?
New Member
Portugal
47 Posts
 Posted 01/24/2013  10:25 pm  Show Profile   Bookmark this reply Add chicco to your friends list
sorry didnt understand
Pillar of the Community
United States
1511 Posts
 Posted 01/24/2013  11:02 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list
Chicco, nobody here was trying to be rude to you at all, only members offering opinions, and great, educated opinions at that . The fact of the matter is that it IS 99.999% certain that it's not a US minted coin, or at least not an error from 1858, it's either altered or more likely a jewelery piece.

Even if the weight and size are perfect that doesn't make it genuine. The reasons the weight and diameter are perfectly correct have already been explained with 100% certainty as well. You just choose to disregard these facts and stick to the claim that its an error while the facts say otherwise.
If you still choose not to believe the opinions here and would like to finally be completely certain, as mentioned send it to a TPG'er and in a few weeks you'll know for sure... Had you listened to that advise a while ago you'd already know.

I understand, you have your heart set on it being an error and are really hoping it is.. and I can imagine that it can be hard to find out otherwise. But that doesn't change the facts. You've been given explinations from some extremely educated, expert members who know coins inside and out.. Personally I'm not knowledgable enough in gold currency to know myself, But upon reading this whole thread and the evidence and explinations that they have given I think it's certian as to what you have.. A gold jewelry piece modeled after a US coin, with a date they wern't minted, most likely to avoid being called counterfeit...

We've all been told the saying that "nothing is impossible" and that's great advise to tell people, especially younger children so they never give up on things... But the fact of life is that some things ARE impossible.. Humans can't fly (like in the superman sense), a elephant can't mate with a mouse and give birth to a mousaflant, you cant slam a revolving door, and while there are flying fish there are no flying pigs..

I just don't understand why if you don't believe anyone here why you haven't sent it in for grading/authentication.. If you truly believe it is a real error and could be worth a fortune send it in... And then tell us all what they say, I'll happily eat my words if it comes back legit.. And be happy for you.
I'm really not trying to be rude at all, you just asked opinions and when you didn't hear what you wanted to hear you just completely disregard what people who know a lot about this say..

So the only advise I'll give, has already be said... If you don't believe anyone here and want to know for sure, send it in! And then definitely keep us posted as alot of us are waiting to hear the response..
New Member
Portugal
47 Posts
 Posted 01/25/2013  12:14 pm  Show Profile   Bookmark this reply Add chicco to your friends list
If I didnt wasnt interested in learning or earing I wouldnt respond or being wasting my time with trying to refut what I think about it. Obvious I am not an expert so my my point of views are very differents from yours. I´m am not against the opinion of people who helped me, I just dont have the knowledge to get to that conclusion, but I accept knowing that you guys know more than me about this topics. I thank all who helped me, getting the conclusion of this coin. I am not against your opinions seriously. :D
Best Regards Chicco
Pillar of the Community
United States
1227 Posts
 Posted 01/25/2013  2:06 pm  Show Profile   Bookmark this reply Add ninamason to your friends list
Chicco, if you don't have that knowledge, you should send your piece in to a third-party grader--a professional who can see exactly what's going on. A Portuguese coin dealer may be able to help you. I threw "coin shops in portugal" into Google and found a dealer in Caldas da Rainha-Leiria named Sérgio W. Sousa Simões. Even if you're not in his area, you could probably find him on Google, give him a call and see if he can direct you to a colleague who's closer to you.
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