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 Replies: 16 / Views: 3,261 |
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New Member
Romania
37 Posts |
Hello, I bought some coins from ebay and I'm having some doubts about them (as in, they might be fake). They have great detail in my opinion, but I anxiously await your opinion. All photos were taken in natural light. In case they turn out to be real, do they have anything special ? Could you estimate a value for them maybe ? It's worth mentioning the two coins below are NOT attracted to a magnet. I don't have a coinscale (yet) to measure their weight. Both were purchased for about 5 % below melt value... [URL="http://img819.imageshack.us/i/kz8k.jpg/]  [/URL] [URL="http://img4.imageshack.us/i/xjo1.jpg/]  [/URL] [URL="http://img542.imageshack.us/i/upco.jpg/]  [/URL] [URL="http://img13.imageshack.us/i/b4a9.jpg/]  [/URL] I've also bought a 1964 half-dollar... GEM BU... in the seller's opinion. I paid 9.95 USD for that one. Good deal or not so much ? :) [URL="http://img855.imageshack.us/i/g5sk.jpg/]  [/URL] [URL="http://img818.imageshack.us/i/rxei.jpg/]  [/URL] Just for fun, I've also added photos of my first ever "coin" purchase, more then 10 years ago. Since then and until a few months ago, I've not purchased any other coins (which might turn was a good thing, since I'm louse at it) :D The coin below is magnetised and from what I've found, was never issued in the US (or anywhere else for that matter :D). Here it is in all it's glory :D [URL="http://img834.imageshack.us/i/hio8.jpg/]  [/URL] [URL="http://img542.imageshack.us/i/6gjm.jpg/]  [/URL] Thank you again for your help & feed-back. |
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Pillar of the Community
United States
2661 Posts |
Your 1851 $1 is without a doubt not a coin but some sort of token maybe. As for the rest, other than being whizzed/polished, they look OK to me.
Edited by Tim Stroud
10/13/2013 08:35 am
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Pillar of the Community
United States
4416 Posts |
IMHO, concur with the above comments. I'd gauge the trio of coins to be worth between $60-$70 in today's market. I've not seen that token before; maybe worth a few bucks as a curiosity.
Welcome to the CCF, Ad_litteram !!
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Pillar of the Community
United States
521 Posts |
Numismatic value aside, it seems to me to be at least a good deal on silver. Morgans are popular and generally command more than spot price.
Tim Stoud (or anyone who might know): I can see something has been sone to the 21 because of residue around the devices, but what indicates whizzing/polishing on the 1880? Is it the general tone related to wear?
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New Member
 Romania
37 Posts |
In my opinion the 1880 seems to be cleaned, it's way too shiny and free of residues considering it's that old (I'm sooo happy they're NOT fakes :)).
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Pillar of the Community
United States
8137 Posts |
If you could provide closer shots it would really help.
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New Member
Romania
37 Posts |
Unfortunately, in natural light, my camera can't get any closer without completely spoiling the picture. If you click on the attached pictures, you can zoom in quite a lot, I've uploaded them full-size on "IShack".
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New Member
Romania
37 Posts |
On second thought, maybe you meant I should take the 1880 dollar out of the coinholder and take some pictures of it. Is that what you meant ? :)
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New Member
Romania
37 Posts |
Hello again, maybe you can give me little tip. :) With all the coin purchases I've made (from all ages and continents), I began thinking, maybe there are investment oportunities for the medium / long-term in former us silver coinage.
And I've come to the conclusion that the 1964 HD is a very good "bullion" investment coin (+plus the minor numismatic added value of a BU coin, just like the one above) for the simple fact that these coins usually have a smaller premium than older coins.
I have found a source willing to sell me pretty large quantities of 1964's in BU condition for a bit under 10 $ / coin.
Would you go for it or am I way off with my "investment plan" ?
Thank you very much for your feed-back.
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Pillar of the Community
United States
4337 Posts |
you're not way off at all
junk silver is an excellent investment as there is a constant market that needs to be fed. however, buy right and hope silver spot rises with time or you will lose money in the end.
Melt as of this posting is $8.14 a coin so are you going to spend 20% above melt for a volume purchase? I for one would not unless I was going to hold on for truly long position. How much is the volume you're speaking of?
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New Member
Romania
37 Posts |
It's not going to be a one time volume purchase, but many small shipments over the course of several months. At the moment it's just a plan, but I'm thinking or purchasing at least 50 coins. And, since they are BU, there's the small added numismatic value too. On ebay and other sites, I've seen them go, on average, for 11.50 - 12.50 USD a piece. |
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Pillar of the Community
United States
919 Posts |
There is not a lot of numistic value in 64 Half Dollars. There are so many out there. Buy those only for the silver. I would not pay $10 each for those at this time. Maybe $9. If you are doing a lot of small buys shipping is going to kill you. A good place to check for product is APMEX. They are high sometimes but you can see a lot of coinage. |
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New Member
Romania
37 Posts |
Thank you for your input and recommandations. I would have bargained either way. :). I know about APMEX, but they don't send the "interesting" stuff to Romania. And the stuff they do has very expensive shipping. |
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Pillar of the Community
United States
1053 Posts |
that 1851 is interesting...
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New Member
Romania
37 Posts |
I think so too :), I bought it wayyy back, for below "face value". Probably "minted" in China. When I bought it is nice and shiny, now it's rusting... errr it's getting a nice patina. :D
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Bedrock of the Community
United States
17884 Posts |
That 1851 "thing" has been floating around for a long time. I first encountered it back around 1989 when I was on Compuserve and the internet was mostly composed of BBS systems. They became a LOT more prevelent about ten to fifteen years ago when the Chinese fakes first started flowing out of China and was usually part of a group of ten poor quality dollar fakes that included a 1796 dollar, a few other types, a fake Ike dollar, an 1865 "dollar" in the design of a Washington quarter, and this 1851 indianhead "dollar". |
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Replies: 16 / Views: 3,261 |
Posted 10/13/2013 08:22 am
