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Gold Coins Fake Or Real?

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Pillar of the Community
EgCollector's Avatar
Egypt
3470 Posts
 Posted 02/24/2007  08:42 am Show Profile   Bookmark this topic Add EgCollector to your friends list Get a Link to this Message Number of Subscribers
How can I make sure that a coin is realy gold ?
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Spider5689's Avatar
United States
2269 Posts
 Posted 02/24/2007  09:57 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
You could do the old bite test.

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Tpatna's Avatar
United States
1626 Posts
 Posted 02/24/2007  10:03 am  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
You can always buy certified coins from PCGS or NGC ?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/24/2007  10:18 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
There are no easy tests to determine whether gold coins are real or not, if the quality of the fake is good enough. Probably the most likely indicator is specific gravity, which is easily tested if you've got a scale with extremely high resolution. Even that would only determine if they are of the correct composition, and not whether they are genuine or not.

As Tpatna mentioned, your best bet is to buy coins which are guaranteed genuine from a reputable source, if you are not expert enough to identify counterfeits with your own knowledge.
Bedrock of the Community
United States
20753 Posts
 Posted 02/24/2007  3:27 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Just got to agree with buying only certified by a TPG service type. In the old days a fake coin could be detected by biting due to only Gold was soft enough and heavy enough to be goldish all the way through. However, with the ability in recent years to make metallic substances appear to be Gold by mixing certain metals and other substances, that is becoming very difficult. With the latest coin boom countries like China and a few others have been producing fakes and counterfeits of many coins. Unfortunately some have even started to couterfeit the PCGS and NGC holders for their fake coins making it even more difficult to know if what you have is real. Example is person I know that is a coin dealer had a 1916D Mercury dime in a TPG service holder although it was a little know organization. It was MS60 and his favorite coin. He decided to have it regraded by another TPG service to see if it would be upgraded but instead came back as a FAKE including the slab it was in. To sum it up you can take chances buying a raw Gold coin but at least your chances are increased if it was slabbed by a popularly known grading service.
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 03/01/2007  7:02 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Thanks to all of you
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littleboy's Avatar
United States
764 Posts
 Posted 03/02/2007  02:43 am  Show Profile   Bookmark this reply Add littleboy to your friends list Get a Link to this Reply
to check for genuine composition, below are properties of each type..

Years Type diam. wt (g) density (g/cm^3)

Gold Dollar
1849-1853 13.0 1.67 18.27
1854 Liberty Head 13.0 1.67 18.27
1854 Indian Head 15.0 1.67 18.27
1855-1889 15.0 1.67 18.27
Quarter Eagle
1796-1827 20.0 4.37 18.50
1829-1833 18.2 4.37 18.50
1834 Capped Bust 18.2 4.37 18.50
1834 Classic Head 18.2 4.18 18.33
1835-1836 18.2 4.18 18.33
1837-1839 18.2 4.18 18.27
1840-1929 18.0 4.18 18.27
Three Dollar Gold
1854-1889 20.5 5.02 18.27
Half Eagle
1795-1828 25.0 8.75 18.44
1829-1838 23.8 8.75 18.44
1839-1840 22.5 8.36 18.27
1840-1929 21.6 8.36 18.27
Eagle
1795-1804 33.0 17.50 18.50
1838-1932 27.0 16.72 18.27
Double Eagle
1850-1932 34.0 33.44 18.27

more subjective ways to identify a fake are feeling the weight of the coin (gold is MUCH heavier than other coins), color (gold takes centuries to tarnish, but the copper takes only a few years. particularly circulated coins, the color will have a antique-ish color to it. unc pieces may or may not have it.
other things to look for, no matter what the composition, are detail in the strike, accuracy and location of all the features. its best to know the coin. different years have variations in the dies, common flaws, etc.

or to save time, have NGC or PCGS do all that for you.
Valued Member
Berry's Avatar
United States
394 Posts
 Posted 03/02/2007  08:22 am  Show Profile   Bookmark this reply Add Berry to your friends list Get a Link to this Reply
Great exposition littleboy for your tender years.... Thanks for the facts and figures.
Berry
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Learjet's Avatar
Australia
655 Posts
 Posted 03/02/2007  11:40 am  Show Profile   Bookmark this reply Add Learjet to your friends list Get a Link to this Reply
quote:
You could do the old bite test.


Lol I was thinking the same thing. And I have to wonder about some of those strange marks on old gold coins... Teeth marks?
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 03/03/2007  03:42 am  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Thanks littleboy for the great info
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 03/07/2007  5:16 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
In the old days a fake coin could be detected by biting due to only Gold was soft enough and heavy enough to be goldish all the way through.

Ever bite a gold or silver coin? They may be soft but you are still courting a broken tooth. The bite was really used to test for a gold plated lead fake. The lead is MUCH softer so you would only apply a much softer bite to test for lead not gold and save your teeth.

quote:
Even that would only determine if they are of the correct composition, and not whether they are genuine or not.

He asked how to tell if they were gold, not if they were genuine. :)
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