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 Replies: 25 / Views: 2,717 |
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Pillar of the Community
United States
7624 Posts |
Coin is fake.
Whatever is in THAT holder is not "MS 63" and probably not even 90% gold!
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Bedrock of the Community
United States
17884 Posts |
Quote:
Some previous generations of PCGS holders are also monochrome, True, but the label layout copies that of the most recent generation slab and that one is NOT monochrome. |
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Pillar of the Community
United States
3473 Posts |
It's okay to trust the TPG but you have to at least confirm the label. The subject coin is NOT the coin shown associated with the PCGS certification number. |
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Pillar of the Community
United States
1499 Posts |
The font on the label does not look right to me. Other than that the picture of the coin is too small to detect a counterfeit.
Many fake $3 gold coins were made back in the 1960s and probably the 1970s. It was so bad back then, in the days before certification, that collectors always had be concerned about it.
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Pillar of the Community
United States
2023 Posts |
Quote:
The subject coin is NOT the coin shown associated with the PCGS certification number. There is no picture at http://www.PCGS.com/cert/25664727 -- bandsdean identified the coin with that certification earlier in the thread, but if it's not on the PCGS site itself, that kind of research seems tricky. If the coin with that certification is not listed elsewhere (e.g. another dealer), you have to rely on other characteristics -- either the label or the coin itself. Unfortunately, the back of the slab is not shown here so we're only given half the information. Quote:
...the label layout copies that of the most recent generation slab and that one is NOT monochrome. Looking at http://www.PCGS.com/holders, the multi-colored label starts with v4.6, but all versions after v4.5 have prongs holding the coin, which this specimen does not have. v4.4 (monochrome label) does not have prongs and looks closest to the specimen in question here. |
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Pillar of the Community
United States
1499 Posts |
I did a search of the serial number on the PCGS site. It does lead to an 1878 Three Dollar Gold Piece, but there are no pictures of the coin or slab and recorded instances where the coin was sold at a major auction.
Unfortunately PCGS does not say what generation of slab where the genuine coin resides. The slab generation issue has become a controversal one for PCGS because some collectors believe that PCGS graded coins more conservatively in years past. Official recognition of that would lower the value of their more recently slabbed pieces for some buyers.
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Valued Member
 United States
115 Posts |
You all have made very good points on this coin and now here is the reverse, compare it to the actual coin that sold, check out the link that bandsdean noted earlier. I voiced my concern to the auction site and this was their comments. Thank you for letting us know about this potential issue. I will forward this to our coin department and they will investigate. Note that all our coins are guaranteed to be genuine. The winning bidder of this item would have 21 days with this item in-hand to have it inspected by any expert they wish, or investigate on their own. Obviously we do not want to have any forged item on our site. We have had a one week preview on this auction and the bidding has been going on for almost a week. We only have less than one business day to investigate, so we may hold off on shipping this item until it gets resolved. This coin sold for $ 4,225.00 plus 15%. JFH  |
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Pillar of the Community
United States
3479 Posts |
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Pillar of the Community
United States
2023 Posts |
Thanks for the pic of the reverse, to which I say, "ick". Fake or not, it looks badly slabbed and ... is that green around the rim? I'd love to have a $3 in my collection, but even if I had money to burn, this would not be it.
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Pillar of the Community
United States
2125 Posts |
Looking at that reverse pic it is clear that coin was stuffed in a holder meant for a smaller coin such as a penny. $3.00 20.5mm penny 19.05mm. Coin looks XF-45 at least and perhaps even AU.
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Replies: 25 / Views: 2,717 |
First Page
Posted 02/28/2017 12:38 am
