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Replies: 35 / Views: 7,388 |
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Pillar of the Community
United States
1748 Posts |
Not genuine. Some sort of copy.
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Valued Member
United States
415 Posts |
I have seen gold coins JUST LIKE THIS turn out to be authentic. Yes, has odd features but may be cause from an EDS or a LDS....When I compare your photo to others, Yes some things are off but you will find that with about every coin series and date.....If anything, I see possible doubling on alot of your devices, which could throw off the appearance of letters.
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New Member
 Brunei Darussalam
5 Posts |
ok thanks guys... and what do EDS or LDS means? can you please explain further? I'm new to coins. and just so you guys know, this coin had been in my family for almost 30 years. my mom bought it off someone almost 30 years ago. she told me she mixed the coin together with her other golds, maybe that's how it got all the scratches. and if it's fake, shouldn't the color of the gold or the details fade? I don't know...
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Moderator
 United States
23522 Posts |
EDS and LDS are Early Die State and Late Die State, describing how a die wears during use and imparts weaker strikes as it wears. An LDS coin will show details somewhat "smeared" or weakened. On your coin, what I'm seeing around LIBERTY could be the product of a very worn die. This issue was about 2 million pieces, and 200,000 strikes would have been a good lifespan for a die. So, one might expect they would make the best use of each die, because they are painstaking to prepare.
Many counterfeits are contemporary, designed to join in circulation with "real" circulating coinage. So this could be a counterfeit - if it is - which is itself over a century old.
The scratches are the product of someone deliberately wiping the coin. Gold is very soft, of course, and these scratches could have as easily been caused by a somewhat-coarse cloth as a brush. But they're deliberate, even if they didn't happen during your family's ownership. And they often are not visible except from specific lighting angles - it is easy to believe that you never saw them prior to putting the coin under the camera.
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Valued Member
United States
415 Posts |
Here is a picture of a LDS although she is a beauty. This coin shows similar "problems" that are making others lean to this being fake. However my pictures are not that great. Ill try to take new ones later if it helps. I found this coin RAW and paid like $150? maybe $175. Was right around spot price.  
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Pillar of the Community
United States
6370 Posts |
How much does the coin weigh? That should get a definitive answer.
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Pillar of the Community
United States
1531 Posts |
Quote: I found this coin RAW and paid like $150? maybe $175. Was right around spot price. Yeah, you got that one for a STEAL! 
Edited by Cruisinfusion 01/03/2015 4:05 pm
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Valued Member
United States
415 Posts |
Thanks! came back MS65 by NGC, the Jeweler I was buying it from dropped it on the ground TWICE before I took it and safely stashed it!!....on the same trip I paid either $25 or $26 for an 1895-O Morgan that should have came back a au50 but I got a 45.   Also did I forget to mention I picked up a 1942/1-D mercury not too long ago? It was before silver dropped again so I paid a full $1.20 I need to take pics of it!
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Pillar of the Community
United States
1531 Posts |
No, but I remember the thread about those two.  Let's get back on topic before we hijack the thread.  I think the best way for the OP to see if the coin is real or not is to weigh it and compare it to the real weight of 33.436 grams.
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Bedrock of the Community
United States
10982 Posts |
Back to the OP: Your coin appears counterfeit but I am curious as to its weight? Can you give us a weight in grams?
Copperpennyconnection: You should start a different thread with your coin pictures.
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Pillar of the Community
United States
1748 Posts |
Be interesting to hear what the weight is on it. SuperDave could be right on it being a contemporary counterfeit.
Edited by DoubleEagle20 01/03/2015 6:12 pm
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Valued Member
United States
415 Posts |
Sorry, Morgan was a throw is but the gold piece is relevant. However weight is only able to tell part of a story. If its a counterfeit struck in gold, it will be the same weight. So an incorrect weight will only rule counterfeit not authenticity.
Edited by Copper Penny Connection 01/03/2015 9:38 pm
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Moderator
 United States
23522 Posts |
Yeah, and if they're minting them in the Orient to pass as bullion coins - which beats the heck out of being caught trying to sell stolen gold - the content is understandable and the quality good enough to fool most even experienced merchants. Who wouldn't care anyway, because they knew they were getting gold.
Gold is easier to counterfeit because of its' softness. Producing a high-quality counterfeit die isn't hard, but producing one that will repeatedly strike harder metals isn't so easy. Gold lessens needed die hardness. There's some silly-good gold fakes out there.
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Pillar of the Community
United States
1748 Posts |
Yup. There are really good fakes out there in pre-1933 US gold. It's the reason I will not even consider a double eagle unless it is in genuine looking PCGS or NGC plastic. That is the first hurdle for me, and then there are many others to follow.
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Pillar of the Community
United States
1796 Posts |
With the images presented so far, I am skeptical about its authenticity due to the odd texture in the fields, the date, and how it's worn (the date is crisp, the denticles are crisp, but there isn't even a hint of the initials visible on the edge of the bust). Also the reverse denticles are spaced too far apart.
It's a sweet counterfeit. I'd love something like that in my own collection. :-)
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