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 Replies: 49 / Views: 7,807 |
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Pillar of the Community
United States
6396 Posts |
Definitely "spurious" IMO. Check the large photo in oih82w8's link to review the 5 in the date for a real example. The "point" of the downstroke of the 5 should point to the center of the ball at the end of the curve. The OP's coin has that point lined up with the outside edge of the ball which I think confirms this is a fake. The missing segment of the 5 is another flag but the point alignment is diagnostic.
I'd hate to be the eager buyer who ends up with this one.
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Pillar of the Community
 United States
3546 Posts |
Truly 'genuine' non slabbed examples of this type of coin only appear very infrequently.
Hopefully, the future buyer of this coin is well versed about the detailed intricacies to be aware of regarding this coin.
Having a support network like CCF is an invaluable resource since efficiently knowing about all of the idiosyncrasies about all coins and their related counterfeit counterparts coins is truly an insurmountable task.
Thanks for the extremely informative feedback everyone.
mdpmedia
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Bedrock of the Community
United States
10047 Posts |
Here is one of the modern Chinese fakes... https://goccf.com/t/111806I am not qualified to say if yours is real or not, but it looks to be a quality copy if it is a fake. The normal Chinese ones are a lot worse as you can see from the pics in this referenced thread. |
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Bedrock of the Community
United States
10045 Posts |
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The "point" of the downstroke of the 5 should point to the center of the ball at the end of the curve. Right--that's a key diagnostic--and you own an 1856 FE, if I remember.  Some coins are simply too valuable to risk authenticating ourselves. Generally speaking, if the coin in question reveals more problems under closer scrutiny, that's a really bad sign--details are everything. |
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Rest in Peace
United States
9104 Posts |
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if it is 100% authentic what grade it should classified as. That can only be determined by his choice of TPG. Quote:
pricing is obviously always difficult to nail down but if you want to also suggest a price that this coin should sell for That should only be done after the first step, above. Not much point guessing a fair vf price if the TPG says it's au. Quote:
The owner did not want multiple fingers touching the coin. He's a little late. |
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Rest in Peace
United States
9104 Posts |
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Anything that rare, estimated 2250 pieces Just for the record, that's extremely common, but it's very popular. Both the 1854 and 1855 FEC are far rarer. |
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Rest in Peace
United States
9104 Posts |
 , Fayette1800! |
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Rest in Peace
United States
9104 Posts |
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there are funky details on this coin, where anything is a red flag.  . Even aside from the issue of being genuine, it should also be run by NCS for stuff like the stains above the middle of both wings, and from 6-8 on the reverse. The more you look: The denticles from 12-1 don't look good. It's a nice looking pattern, but you know anyone shelling out the big bucks will be looking at it closely, too. |
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Rest in Peace
United States
9104 Posts |
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if you are wanting to purchase this coin you two should sit down and agree to a price and then send it off to ANACS (that would be good enough for authentication purposes) and tell him once it comes back and is genuine you will pay the price agreed upon. Unless he's lowballing, any agreed price should include a grade or grades, for business strike or proof, each with a price. A "genuine" agreement means the same price whether it is net graded, vf or au. |
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Pillar of the Community
United States
2757 Posts |
i don't think there is any way this is real.
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Rest in Peace
United States
4849 Posts |
If it's fake, it's the most convincing one I've seen yet. It even has the centering dot below the upper left serriff of the "N" in "CENT", which is typical of the most common proof variety(S9)...so this would be a proof that was struck later for collectors. I see DVcollector's points and the letters look thinner than normal in places, but I'd need better photos before I'd completely dismiss it. Lighting and angles can do funny things, and there is some blurriness in the photo. Tell your friend to send it into a TPG and we'll know for sure! (Obviously I agree that you certainly don't want to buy it raw under any circumstance). You should have your friend take it out of the mylar for better pics, and also put the pics on collector;s universe so Rick Snow can look at it. He has seen more of these than any of us by far. Edited by johnny54321
02/24/2012 10:28 am
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Pillar of the Community
United States
1934 Posts |
Only buy it certified. Along with DV's points, I have a problem with the eagle's beak/face..it's not the right style...if I were right, then the whole coin was manufactured fake, a worthy effort for such a valuable coin. PCGS posts two MS 63 on their website, one with far less details than this coin....on one of them, the eagle's face and beak are completely worn. http://www.pcgscoinfacts.com/CoinDe....aspx?s=2013If authentic, and using PCGS's examples, then PCGS would grade this coin 63. So, why/how is someone knowledgeable enough to know reasons not to expose the coin trying to sell a 15 - 20,000 dollar coin uncertified? Gloves, microscope. Jim |
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Bedrock of the Community
United States
10045 Posts |
As a comparison, here's a PCGS AU53, weakly struck. The weak strike makes the legends and date lower relief, but not thinner. This one also has MD, common on CuNi FECs.  |
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Valued Member
United States
236 Posts |
This post is a little late, but I am in the same boat except mine is genuine and slabbed by PCGS. As with mine yours looks damaged so will probably be given a 98 code for surface damage.
Given what I can make out from your picture it has the hallmarks of an 1856 FE Snow-2
OBVERSE: Pointed Base at the U, left base of 1 in date lines up between the "denticles", and the top of the 6 in the date is open.
REVERSE: the grass like leaves are "high" on either side of CENT, the E in ONE is closed, and the E in CENT is open.
Snow-2 is rare and are thought to have been of the 25 given to President Pierce and his Secretary of Treasury.
I think mine is a Snow-3 (missing the line or point in the you in UNITED) which was one of the ones given to Congress and not as rare. Now keep in mind that ALL 1856's are "RARE."
I am trying to verify the Variety of mine at present.
PCGS will verify it as "Genuine" for a price (cant recall how much, but it is relative to the expected value of the coin and to verify variety its and additional $24.
I will probably have the variety of mine verified, but I think I will have to pay a re-slabbing fee to do so.
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Rest in Peace
United States
9104 Posts |
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Now keep in mind that ALL 1856's are "RARE." 1856 iggles are very common on any scale I'm familiar with. |
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Replies: 49 / Views: 7,807 |
First Page
Posted 02/23/2012 01:07 am
