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1914 $2.50 Gold Indian

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GR58's Avatar
United States
11951 Posts
 Posted 08/06/2015  4:42 pm Show Profile   Bookmark this topic Add GR58 to your friends list Get a Link to this Message Number of Subscribers
This coin came into a local shop today, they gave me
a call, I could not say no.

Of course I needed it for my set.

Any opinions?

1914-$2.50-Gold-Indian

1914-$2.50-Gold-Indian

And it filled a empty hole.


1914-$2.50-Gold-Indian
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 08/06/2015  7:05 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Unfortunately, I believe this coin is fake. I see depressions (circled), possible toolmarks (circled in the back of the Indian's neck), and the details in the headdress (big oblong circle) seem weirdly formed.

For your sake, I hope I am wrong. If it is fake, it is still gold and you should be able to return it. Unfortunately, it is nearly impossible to authenticate these for certain from pictures.

1914-$2.50-Gold-Indian

1914-$2.50-Gold-Indian
Edited by TypeCoin971793
08/06/2015 7:08 pm
Pillar of the Community
United States
1450 Posts
 Posted 08/06/2015  7:26 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Wow, if that coin if fake the LCS should have caught it. I would ask them to authenticate it. They are putting their reputation behind it. The rest of you set is beautiful and a great example. Are you waiting for the 1911D?
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Rollsearcher37's Avatar
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1295 Posts
 Posted 08/06/2015  8:10 pm  Show Profile   Bookmark this reply Add Rollsearcher37 to your friends list Get a Link to this Reply
I dunno, looks authentic to me.

I think the "depressions" and "tool marks" you are seeing, Type, are just nicks from circulation. Gold is a very soft metal, and dents easily. The headdress appears to just be a mix of wear and a weak strike. For my money, it's real.

Quote:

Unfortunately, it is nearly impossible to authenticate these for certain from pictures.

But in that case it's also impossible to deem it otherwise, no?
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GR58's Avatar
United States
11951 Posts
 Posted 08/06/2015  8:15 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I will take it to the coin shop tomorrow ... Check it all out
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carmykle's Avatar
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 Posted 08/06/2015  8:26 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
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TypeCoin971793's Avatar
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 Posted 08/06/2015  8:30 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
@Rollsearcher37

Your points are completely valid. I would have to see this coin in person to make any sort of determintation. I would have to look at the alleged toolmarks under magnification and rotate the coin underneath a light to see whether the "depressions" are as-struck or contact marks in which the coin's luster is disturbed and the metal is moved. One way to distinguish a depression from a contact mark is whether or not the interior of the mark is shinier or just plain different than the surrounding surface, otherwise known as a break in the luster.
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 08/06/2015  9:14 pm  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
Eagerly awaiting other opinions.

I collect old US gold coins. Probably half my collection by value. More Liberty Head coins than anything though. I only have the one $2 1/2 Indian.

I thought it was real. Lots of the little details are dead on matches.

The diameter is good from the fit in that great Capitol Plastics holder. How is the weight?

To me it looks a lot like these Quarter Eagles.
http://www.pcgs.com/photograde/#/2.5Ind/Grades
https://www.flickr.com/photos/raregoldcoins/
Edited by BuckeyeCoinGuy
08/06/2015 9:18 pm
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Connor's Avatar
United States
2130 Posts
 Posted 08/07/2015  06:48 am  Show Profile   Bookmark this reply Add Connor to your friends list Get a Link to this Reply
Wow...Interesting thread. Compared to my slabbed examples I would have thought this was real as well. I'm not convinced at all just yet that this is a fake. I'm curious to see how this plays out.
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TypeCoin971793's Avatar
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 Posted 08/07/2015  09:23 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply

Quote:
Compared to my slabbed examples I would have thought this was real as well. I'm not convinced at all just yet that this is a fake.



Quote:
I thought it was real. Lots of the little details are dead on matches.


The fact that the details match doesn't mean anything. Here is a known counterfeit 1912 quarter eagle.

1914-$2.50-Gold-Indian

http://boards.collectors-society.co..._id/1#import
Edited by TypeCoin971793
08/07/2015 09:30 am
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 08/07/2015  09:26 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Depressions. I wish the pictures were clearer, but it's what I got.

1914-$2.50-Gold-Indian
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GR58's Avatar
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11951 Posts
 Posted 08/07/2015  10:58 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I brought all my gold Indians in, to check them all.

The shop I help out at, has a new gold coin testing machine.
All of my gold coins tested correct, for gold finess.

On the state certified scale, all weighed exactly correct.

Three of us that have decades of coin experience each,
looked at the 1914 and feel there is no problem with it
being authentic.

At the shop I work at, we have sent in more gold coin than
I can count, to be certified. We have never had one come
back as fake.

I have posted many times that the pictures posted online
in most cases do not represent what the coin truly looks
like. In this case I took the picture with my new set up,
and I am not that good at it. The set up is a 18MP
camera with a 100mm macro lens. With three different
lights. This set up will really show things that are very hard to see.
And with lights and shadow, little hits ...look different then in hand.

In conclusion, I feel there is no problem with this coin being authentic.

Edit- also checked United States gold, Counterfeit Detection guide.
Edited by GR58
08/07/2015 11:06 am
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jbuck's Avatar
United States
188744 Posts
 Posted 08/07/2015  12:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Of course I needed it for my set.
All the reason you need.


Quote:
In conclusion, I feel there is no problem with this coin being authentic.
I trust your judgment. You have the coin in hand, which means you certainly have information that we do not have.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 08/07/2015  12:09 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Okie dokie. I guess I'd trust your judgement. Just so you know, that Counterfeit Detection guide is not comprehensive, but I'm sure you know that.
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Neo13x's Avatar
United States
604 Posts
 Posted 08/07/2015  12:40 pm  Show Profile   Bookmark this reply Add Neo13x to your friends list Get a Link to this Reply
Good to hear everything checked out.
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 Posted 08/07/2015  1:55 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Are you determined to complete this set? I think it is a very worthwhile goal because that is one of the few gold sets that the average person can complete. The Indian Head Half Eagle is OK until you hit the year 1929 and the 1909O. If you complete a set you can always improve on it and you have a trade-in to boot.
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