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Is This Ebay Gold Dollar Legit?

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Valued Member
sgoss66's Avatar
United States
160 Posts
 Posted 12/29/2013  1:45 pm Show Profile   Bookmark this topic Add sgoss66 to your friends list Get a Link to this Message Number of Subscribers
Looking at this coin, my very amateur eyes see issues...

I'm trying to learn how to scrutinize coins more closely, and spot fakes.

What do you all think on this one?

http://www.ebay.com/itm/1855-Gold-D...em2c792d47a1

Steve
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BH1964's Avatar
United States
10982 Posts
 Posted 12/29/2013  1:52 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Looks genuine but there's no way I'd touch it. Price is already more than I'd pay for a polished/damaged piece.
ANA #R3154474
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 12/29/2013  1:56 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply

Edited by DoubleEagle20
12/29/2013 1:57 pm
Valued Member
sgoss66's Avatar
United States
160 Posts
 Posted 12/29/2013  2:06 pm  Show Profile   Bookmark this reply Add sgoss66 to your friends list Get a Link to this Reply
Looks genuine? Wow -- I'm not very good at this!

The "dimples" or "indentations" in the coin -- especially on the reverse -- seemed (to me) to be like those "indentations" or "low spots" that others described to me as being signs of a fake. In other words, not scratches or gouges, but "low spots" or "dents" in the face of the coin. Also, the lettering -- in specific in the word "DOLLAR" -- looks wrong, to me -- the letters look too "wide," especially the LLAR. Too wide, not "sharp," kind of "smeared..."

Anyway, I obviously have alot to learn. Thanks for helping me along, guys.

Steve
Edited by sgoss66
12/29/2013 2:11 pm
Valued Member
sgoss66's Avatar
United States
160 Posts
 Posted 12/29/2013  2:10 pm  Show Profile   Bookmark this reply Add sgoss66 to your friends list Get a Link to this Reply
Oh, and as for the price -- I didn't think it was that bad (though it will go higher). YES, it's not a piece that a true collector would like, but assuming this IS a genuine coin, and not a fake -- then there's no way I know of, for someone like me who simply would like to own a couple of genuine gold dollars in half-decent (i.e. not obviously damaged) condition, to find one ANY cheaper than that current $115 price. If ANY of you have a genuine specimen with any less damage than this coin, which you would sell me near that price, I am ALL EARS!! ;) Seriously...

Steve
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CxG Homicide's Avatar
United States
33 Posts
 Posted 12/29/2013  2:47 pm  Show Profile   Bookmark this reply Add CxG Homicide to your friends list Get a Link to this Reply
Looks like the pics have a different background. Looks shady to me as well.
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basebal21's Avatar
13014 Posts
 Posted 12/29/2013  2:50 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
in half-decent (i.e. not obviously damaged) condition, to find one ANY cheaper than that current $115 price.


Dont be surprised if that price goes up some more for the auction. You can find xf details slabbed ones for a little over a 100 and should be able to find an au details under 200 thats graded by pcgs or ngc with some patience.

If youre spending that kind of money to begin with, I would recommend saving up a little more and get a problem free one.
Valued Member
sgoss66's Avatar
United States
160 Posts
 Posted 12/29/2013  3:25 pm  Show Profile   Bookmark this reply Add sgoss66 to your friends list Get a Link to this Reply
basebal21 -- absolutely I expect this coin go to up...probably won't sell for under $175, is my guess, from what I've seen on ebay.

A slabbed XF for a little over a hundred? I'd jump on that immediately, if I saw it offered! Haven't seen one yet go for anywhere near that; right now, the cheapest "buy it now" dollar coin on ebay that is slabbed, is an ANACS-slabbed coin marked AU-50, bent -- at $220. So, no luck yet, but I'll keep looking...

In the mean time, would I have any chance, if I would post some type of "wanted" ad somewhere here on the forum, to have someone consider selling me a slabbed XF-ish for 125-ish?

Steve

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52Raymo's Avatar
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8515 Posts
 Posted 12/29/2013  4:14 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
You have to get your post count up first.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Valued Member
sgoss66's Avatar
United States
160 Posts
 Posted 12/29/2013  4:17 pm  Show Profile   Bookmark this reply Add sgoss66 to your friends list Get a Link to this Reply
Raymo -- I wasn't aware of that. Thanks for the info. I do recall reading something about how different things "become available," on the forum, as you pass different posting thresholds. I think 50 posts was one of the thresholds, and 100 may have been another, but I can't really recall the details. I'll go look for the details on that...

Thank you.

Steve
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52Raymo's Avatar
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8515 Posts
 Posted 12/29/2013  4:23 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Lol I would have to look it up too.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Valued Member
sgoss66's Avatar
United States
160 Posts
 Posted 12/29/2013  4:24 pm  Show Profile   Bookmark this reply Add sgoss66 to your friends list Get a Link to this Reply
Raymo --

I just found the "rules," and saw this:

50 quality* posts and membership for 14 days are required to; buy items, respond to a trade, or post a want list.

A little more searching, and I found out that there is a "want list" section on the forum. I'll try making a post, and see what happens.

Thanks!

Steve
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Thundercoin's Avatar
United States
675 Posts
 Posted 12/29/2013  4:29 pm  Show Profile   Bookmark this reply Add Thundercoin to your friends list Get a Link to this Reply
Steve,

My personal opinion is to be careful with buying uncertified gold online. Also, it seems to me that the majority of sellers on ebay set their buy it now prices above market values. This one went for $135 + shipping at heritage auctions. It has some problems, but it is certified so you can buy with confidence.

http://coins.ha.com/c/item.zx?saleN...=24536#Photo

Good luck with your search!
Valued Member
sgoss66's Avatar
United States
160 Posts
 Posted 12/29/2013  4:42 pm  Show Profile   Bookmark this reply Add sgoss66 to your friends list Get a Link to this Reply
Thundercoin -- I've spoken with some folks here recently (after buying a possible fake on ebay) who have given me the very same advice. So, I am indeed wary. Part of the change in my strategy, thanks to the advice I've received here, has been to focus on slabbed coins when looking at ebay auctions. meanwhile, though, I'm trying to learn more about fakes vs. real coins, and how to identify "good" coins. As such, I posted this one in this thread more from an "educational" perspective, as I thought it looked "iffy."

I've not been familiar with Heritage Auctions, so thanks for that link. I am not a member, so I couldn't see any "large" photos, but in the small photo that appears to be a coin I would have definitely considered for $135. I will look more into Heritage, because if that is at all representative of what can be found, that may be a good option for me.

THANK you, for your advice and help.

Steve
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52Raymo's Avatar
United States
8515 Posts
 Posted 12/29/2013  5:00 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply

Quote:
A little more searching, and I found out that there is a "want list" section on the forum. I'll try making a post, and see what happens.


Sweet, good luck !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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basebal21's Avatar
13014 Posts
 Posted 12/29/2013  5:58 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
A slabbed XF for a little over a hundred?


Several xf details ngc ones have sold in the 100-120 range. You just have to be patient.

But you seem to be planning on spending close to 200 anyway and theres A LOT of AU 58s that are problem free that have sold for under 250 from NGC and PCGS.

Just keep an eye out for what gets listed and some better options will pop up.
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