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 Replies: 18 / Views: 3,216 |
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Valued Member
United States
219 Posts |
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Bedrock of the Community
United States
36638 Posts |
With some of the nations top coin dealers now on ebay, if the coin was real I think bids would have gotten much higher than the $531 price paid. I think color might be an issue with this one. |
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Pillar of the Community
United States
5854 Posts |
I am not very familiar with private and territorial gold but the present specimen does not appear to be genuine.
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Pillar of the Community
United States
2254 Posts |
Most likely a fake. I looked at the only example listed at Heritage and the lettering is much more "jumbled" on an original that what is shown on the ebay specimen. However, the pictures are not that good. That being said, it's not an easy coin to locate, so the seller may have had trouble even identifying it and maybe they didn't even care. Had I seen this I would have found 5 friends willing to take a gamble and dropped a little over $100 each on this coin just to see if it's real. Why you ask? The last one that sold that I can find in the $10 denomination on Heritage was in 2002. PCGS XF40 for $126,000!!!! |
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Bedrock of the Community
United States
36638 Posts |
WHAT I HAVE HERE IS AN UNKNOWN COIN TO ME I BOUGHT A STORAGE UNIT AN IT WAS IN A BOOK I DONT KNOW ANYTHING ABOUT IT I WAS JUST ADVISED TO PUT IT ON EBAY . AS I DO WITH MUCH OF MY STORAGE STUFF ON THE FRONT OF THE COIN IT HAS A MUSKRAT ON A LOG HAS THESE LETTERS K.M.I.R.C.S ON THE BOTTOM SAYS O.T 1849 THE BACK OF THE COIN SAYS OREGON EXCHANGE COMPANY 10.D. 20.G. NATIVE GOLD TEN.D ... HAPPY BIDDINGI'm still a bit skeptical of this sale and what he says in the listing. The majority of people that buy storage lockers do it as a business. Anything they find that they are unaware of, they usually go to an expert to find out what it is worth. I would think this guy would want to get the maximum he could for it, so to do that he would take it to a coin expert to find out the true value. Maybe he found out it was phony and it was suggested that he play dumb and toss it up on ebay and let others figure out if it was real or not.
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Valued Member
United States
275 Posts |
Brass or bronze. Look at the main photo when have you seen gold get that kind of patina? A little brasso and voila! It's GOLD! I don't think so. IMHO
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Pillar of the Community
United States
2254 Posts |
Yup, I read the listing, and it's definitely suspect. Let me be clear, I would absolutely ask for more photos and try to catch the seller in a lie prior to buying something like this. It is certainly phishy and it's not like I have money lying around to throw away. However, if everything panned out and it seemed legitimate from my "spidey sense", it may have been worth the leap of faith.
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Moderator
 United States
23522 Posts |
Heh. Slim, and none, and Slim left town.
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Bedrock of the Community
United States
36638 Posts |
If we were pooling our money to buy into this piece, put me down for 50c.
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Pillar of the Community
United States
1208 Posts |
No. Gold doesn't tarnish...
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Pillar of the Community
United States
1208 Posts |
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Bedrock of the Community
United States
36638 Posts |
Quote:Check his feedback dated March 11, 2012. He has sold this coin before. Probably got it back when it was found to be fake. Either that, or he has a supply of them and is putting them out slowly. http://feedback.ebay.com/ws/eBayISA...backAsSeller Looks like he doubled the amount he made this time. Sooner or later it will stick and someone will keep it. |
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Pillar of the Community
United States
1208 Posts |
Just out of curiousity, I asked the March buyer if his coin was real, or
if he sent it back and the new sale is of the same coin. If he is selling
the same coin, then he knows much more than he claims.
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Pillar of the Community
United States
652 Posts |
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Bedrock of the Community
United States
20753 Posts |
I just never believe those typical statements such as: I know nothing about coins or I don't know what this coin is but or Unsearched, found in basement, etc. I've always wondered if there is a book out there somewhere with typical phony statements to be used on ebay. Quote:
No. Gold doesn't tarnish... Yes it does. Also, it does react with numerous other substances. |
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Pillar of the Community
United States
2815 Posts |
BUT pure gold does NOT tarnish nor oxidize. That being said, the metals it is alloyed with, whether it be copper, silver, tin or nickel, WILL tarnish and/or oxidize. So, if it is not pure gold you can see these effects. But it is only caused by the other "impure" metals that are present.
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Replies: 18 / Views: 3,216 |
Posted 07/15/2012 11:39 am
