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 Replies: 17 / Views: 2,080 |
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Pillar of the Community
United States
4468 Posts |
Here is one that I found interesting. This seller is at the high end of playing the coin roll con game as he does offer refunds. I must confess that I did find gold coin in a roll of wheat pennies very inviting to place a bid. ebay is a carnival game of coins with the coins in a jar, grab bag and the unknown coins in a roll. See link below. 121659611446 |
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Valued Member
United States
77 Posts |
I have seen a few auctions like that on ebay myself. I haven't bid on any of them yet but I think one of these days I will. I am sure the rolls are stacked, but for the right price and with a refund being possible your not out any money. |
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Valued Member
United States
177 Posts |
I've seen this guy's rolls before, including seeing at least one sell for under $300. If the price is low enough, it's kinda hard to lose, unless the hidden face is damaged. I wonder how he determines on a refund if a roll has been opened, seeing has how the roll had to have been opened initially for him to salt the roll with the gold and sometimes other goodies.
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Bedrock of the Community
United States
36642 Posts |
What a great way to sell a counterfeit $2 1/2 Indian. Then plead dumb by saying it was in the roll when you got it. Buyers will see the gold and bid the gold value getting the seller a good price for a phony $2 1/2. The perfect con.
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Pillar of the Community
Sweden
1078 Posts |
Interesting thing to point out - on the Swedish ebay "Tradera", I have never seen such a thing despite us having gold coins in similar sizes to old, small change. This after thoroughly searching though the coins and notes section many times. Although Tradera is smaller, I have never seen anything similar (such as silver in copper rolls etc.), but I will probably soon. I personally think regarding this one - it's only worth what can be made out of the enders + 48#572;. "Always assume the lowest in value for best possibilities" |
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Rest in Peace
United States
17900 Posts |
The simple age old con of creating greed. Once greed is instilled, intelligence disappears.
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Rest in Peace
United States
18456 Posts |
The seller says no returns if the roll is opened., he has similar rolls with gold coins
on one end and a unc. wheatie on the other.
I do not believe these are legit rolls. stay far away. his 14 day return policy is only for unopened and tamper free rolls.
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Pillar of the Community
 United States
4468 Posts |
T-Bop,
You are correct as I did not read far enough down his advertising page. The 14 day refund policy is part of the con.
Edited by Slider23
08/04/2015 2:08 pm
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Bedrock of the Community
United States
94367 Posts |
 And the beat goes on. |
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Pillar of the Community
United States
6370 Posts |
The indian looks genuine to me.
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Bedrock of the Community
United States
36642 Posts |
The Indian looks cast to me. Details are very mushy.  Edited by IndianGoldEagle
08/04/2015 5:44 pm
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Pillar of the Community
United States
4468 Posts |
If the coin is cast, what are the typical metals use to make the gold counterfeit?
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Pillar of the Community
Sweden
1078 Posts |
Brass or actual gold plating I assume.
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Valued Member
United States
77 Posts |
Interesting. Thank you for the heads up
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Pillar of the Community
United States
4468 Posts |
Here is a photo of a AU 58 1914 in a NGC slab. The roll coin appears to be made up to look AU, but does not show AU wear like the coin in the slab. The details on roll coin looks more like a MS coin. Would someone who understands gold grading, please comment.  |
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Pillar of the Community
United States
6370 Posts |
After taking a closer (and longer than 3-second) look at it, I see lots of red flags that the coin is indeed counterfeit. It is definitely not cast, as the fields are shiny and prooflike. The coin was struck from counterfeit dies. I see a depression in the headress, and the details in the devices are rough and mushy. It was the transfer of the coin's design to the dies that caused the rough devices and the inability to capture all of the details in the transfer caused the mushiness in the details. The prooflike surfaces are a result of overpolishing the fields of the die and stiking the coin at a very high strike pressure to make the coin look as "nice" as possible to any potential buyer. The high striking pressure was also used to make the details (which were weak to begin with) as strong as possible since it is nearly impossible to transfer a completely clear and detailed image from the coin to the die. I have yet to see a prooflike indian quarter eagle like this, so that threw me a bit since it wasn't my expectation for a fake indian quarter eagle.
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Replies: 17 / Views: 2,080 |
Posted 08/04/2015 1:25 pm
