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 Replies: 26 / Views: 14,361 |
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Pillar of the Community
United States
4541 Posts |
keep us updated, when you find out what the seller says
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Pillar of the Community
United States
4541 Posts |
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Pillar of the Community
United States
4541 Posts |
looks like there is 2 reverses so disregard that last statement
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Bedrock of the Community
United States
17884 Posts |
What it probably is is one of the counterfeits struck in the Middle East back in the 1950's and 1960's. There were a LOT of them made. Quote:
Just be prepared to prove its the same coin though Having the photos from the auction will help since it has distinctive marks. |
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Pillar of the Community
 United States
2589 Posts |
I have screenshot photos of the auction page and I have now contacted the seller and am awaiting a reply.
I wonder why someone would make such a high quality counterfit of a common date, there are tons of dates that are more lucrative to copy lol.
-XoG
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Pillar of the Community
United States
4541 Posts |
when did the anacs site tell you what the grade was? onces its shipped or during the processing stage? The reason I ask is I sent a couple of coins for the 5 day service and today is the 5th day and still have not seen any updates on the coins yet. oh First time I have sent something to a TPG |
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Pillar of the Community
United States
2589 Posts |
they posted the grades right before they shipped it, usually it will appear a few days after they have entered the grading phase.
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Pillar of the Community
United States
4541 Posts |
well I saw the status changed to shipping so I called them and she told me the grade
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Valued Member
United States
285 Posts |
"I wonder why someone would make such a high quality counterfit of a common date, there are tons of dates that are more lucrative to copy lol."
Maybe whoever made it decided to make it a common date because fewer people would be suspicious of it. Sorry to hear about your situation and I hope you are able to get a refund from the seller.
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Bedrock of the Community
United States
17884 Posts |
Quote:
I wonder why someone would make such a high quality counterfit of a common date, there are tons of dates that are more lucrative to copy lol. If it is like I suspect a 1950's Middle East fake the reason they were made was as a means of selling gold to Americans. Americans could not own gold as bullion, but they could own it as pre-1933 gold coins. But at the time the common pre-1933 coins were selling at two to three times the bullion value. So the counterfeiters could but gold at spot strike it into coins and sell it for a little less than three times spot to unsuspecting tourists who thought they were getting a bargain. If they had been rare dates the people would have run right out to try and sell them and the counterfeits would have been discovered immediately. But common dates were hoarded away for the future and not discovered for years. Being "US gold coins" the tourists could bring them back into the country with no problems while bullion would have been confiscated. |
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Pillar of the Community
United States
2589 Posts |
Ah that makes more sense then, the one dealer I go to told me to be careful when buying uncertified common date gold but I never really understood why till now. Still no word from the seller.
-XoG
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Pillar of the Community
United States
4541 Posts |
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Pillar of the Community
United States
2589 Posts |
Nah no response from the seller on the first message, I sent him a second slighlty less friendly message today. If he doesn't respond to that in a day or two I guess ill have to find out how to use the protection policy.
-XoG
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Pillar of the Community
United States
2589 Posts |
The seller finally contacted me and told me I would get a full refund
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Valued Member
United States
451 Posts |
It would break my heart to find a coin I bought is not genuine. Atleast you got your money refunded :)
Edited by brokencompass
11/10/2010 02:55 am
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Replies: 26 / Views: 14,361 |
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First Page
Posted 08/17/2010 12:31 pm
