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 Replies: 11 / Views: 4,131 |
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Pillar of the Community
United States
800 Posts |
I've been reading on this forum that there is a 1906 D $5 gold coin that was counterfeit. How was that known for sure. I inherited mine and AFAIK it has been in a box since the 1960s. Here is a photo of it.    |
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Pillar of the Community
United States
7617 Posts |
Looks real to me and appears to be in XF to AU condition. It may have been cleaned at one time, too.
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Rest in Peace
United States
17900 Posts |
Looks genuine and about EF-40 for grade. Don't clean this coin in any way. It has subtle tone which is attractive.
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Pillar of the Community
 United States
800 Posts |
Quote:
Looks genuine and about EF-40 for grade. Don't clean this coin in any way. It has subtle tone which is attractive Todays value? |
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Pillar of the Community
United States
1187 Posts |
I'd probably get it out of that flip and put it in an airtite. I don't know if gold gets pvc damage like silver but it's not a risk I'd want to take. That 2x2 looks super old (maybe 60s like you said). Looking at past graded example sales I'd have to say it's worth between $300-$400 but I'm no expert. http://www.PCGS.com/auctionprices/d...=ms&c=61&g=0 |
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Rest in Peace
United States
17900 Posts |
If sold to a collector $300-$320. If sold to a dealer $250-$270.
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Pillar of the Community
United States
3343 Posts |
It looks right. Get it out of the holder and weigh it - should be 8.3 grams. If it's fake it will weigh 1-2 grams less.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
800 Posts |
Quote:
... If sold to a dealer $250-$270. Isn't that less than melt value? |
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Valued Member
United States
152 Posts |
Yes it is, and you could easily get more on ebay. Never sell for less than melt, that's just stupid. |
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Pillar of the Community
United States
6383 Posts |
Looks real to me as well. Appears to have some rim damage above STATES on the reverse. You should check the edge for evidence of a removed mount. If this coin has been used in jewelry that would likely reduce its potential value. Would still be worth more than melt!
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Valued Member
United States
383 Posts |
Looks legit... also looks like it's been in that holder since the 60's also.
ET
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Pillar of the Community
United States
589 Posts |
Quote:
I've been reading on this forum that there is a 1906 D $5 gold coin that was counterfeit. How was that known for sure. I'm not sure about the D-Denver mint, but I have a 1906 that is a counterfeit. I have posted this few times.   From the picture it is hard to tell from the genuine. It passed the two coin shop owners. When I told them it was a fake, they took a closer look and noticed the difference. It has the look of a Mint State coin but some areas of the details are missing or weak. The color is also little off. Most Classic gold coins have either a little red(copper) or green(silver) on surface, but this one has more yellowish wet look. There was more as to how they can spot the fake. I have several books on counterfeit coins but without hand one experience, books can only due so much. |
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Replies: 11 / Views: 4,131 |
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Posted 02/17/2016 8:21 pm
