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 Replies: 21 / Views: 5,097 |
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Pillar of the Community
Singapore
631 Posts |
Quote:
Yes, some dealers do not like their "opinions" to be challenged. However, your dealer is NOT a neutral party when it comes to authenticating a coin that your dealer wants to sell to you.
True, I agree. But consider this; in the future if the dealer has any other good items would he want to sell it to the person who might send it for grading and return it, or to the other bloke who asks no questions ? Edited by Numister
07/23/2020 11:17 pm
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Pillar of the Community
 United States
1003 Posts |
Thanks for the help, everyone! The dealer I purchased it from (quite a while back) is a good friend, so I'm not worried about returning it if it does turn out to be fake. I'll show it to another local dealer who is very knowledgeable and trustworthy and see what he thinks. I'll probably send it in to PCGS just to have it certified. Thanks again!
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Pillar of the Community
United States
1156 Posts |
Sorry to drift away from the original thread but I think we have an interesting discussion going on here about dealer relations. Quote:
Quote:
Yes, some dealers do not like their "opinions" to be challenged. However, your dealer is NOT a neutral party when it comes to authenticating a coin that your dealer wants to sell to you.
True, I agree.
But consider this; in the future if the dealer has any other good items would he want to sell it to the person who might send it for grading and return it, or to the other bloke who asks no questions ? Yes, I suppose you might not get first crack at the better quality items unless you are already the dealer's top customer. If you are not one of the top customers than the question is moot because the top customers will likely get their shot first. For us little guys, thank goodness we have other shops, coin shows and the internet to help us find what we want and can afford. It's a bit different if your focus is narrow. My local shops don't carry a decent selection of the world crowns that I like to collect. |
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Bedrock of the Community
United States
36844 Posts |
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Pillar of the Community
United States
5833 Posts |
If NGC can't make out authenticity of posted coin, not sure PCGS will fair any better, the strikes are sharper than from IndianGoldEagle link images as far as I can tell, especially the reverse, the sail on the junk ship are really detailed, as it maybe from a very early die? It probably grade higher than a MS-64 coin if it proven authentic?
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Pillar of the Community
United States
1280 Posts |
You had to pay for them to say they don't know whether it's real or not?
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Bedrock of the Community
Australia
21788 Posts |
@ machine20:
That's a very fair question!
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Pillar of the Community
 United States
1949 Posts |
There are many Chinese crowns struck in good silver which will have the correct weight and diameter. Some of these have fooled major auction houses, dealers and even TPGs. I have a couple of Dragon Dollars sitting in my office that fooled a major auction house and myself, but came back as questionable from both PCGS and NGC. All correct weight, no clear die diagnostic problems, all correct everything.
And yes, when TPGs say 'questionable authenticity' or 'Unable to determine Authenticity', you still have to pay for that opinion.
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Pillar of the Community
Australia
3831 Posts |
Hard to say - this might be a later restrike type.
Do you have a photo of the edge?
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Pillar of the Community
United States
1003 Posts |
I decided to send the Junk Dollar to PCGS, along with some other coins I was stockpiling. Hopefully they disagree with NGC and say it's authentic, but I will have to wait and see. I will update you all when it arrives. I have my fingers crossed!
@gxseries - Unfortunately I do not have a picture of the edge. It was reeded, if that helps. (And there was no seam or anything like that)
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Bedrock of the Community
Australia
21788 Posts |
Consistency and evenness of the reeding can lend support to authenticity.
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Pillar of the Community
Australia
3831 Posts |
ksammut - it is not the seam that I'm interested in. It is how the edge appears - this is somewhat difficult to explain and I'll rather not provide details to educate the counterfeiters.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
United States
1003 Posts |
@gxseries - The edge looked normal to me, but unfortunately I can't get anymore pictures since I have already sent it in to PCGS. Now I'll play the waiting (and hoping) game and update you all on the outcome. Thanks!
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Pillar of the Community
United States
1003 Posts |
Just an update - the Junk Dollar was deemed authentic by PCGS and came back AU58. Although the grade is a little lower than I thought it would be (the pictures make the coin appear really nice), I'm happy that it is real.
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Pillar of the Community
United States
525 Posts |
I don't believe that one can tell a 1949 United States restrike of a boat dollar from an original 1934 coin. But if a grading company could tell the difference, then a restrike of a boat dollar shouldn't be called "questionable authenticity" but "restrike". The 1949 restrikes of the 1898 Mexico Peso are labeled by grading companies as "restrike".  Edited by willieboyd2
08/06/2020 2:56 pm
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Replies: 21 / Views: 5,097 |
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Posted 07/24/2020 10:33 am
