3 Dollar Gold Piece - Real Or Fake?

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Author	Replies: 9 / Views: 1,922
Ariette Valued Member United States 295 Posts	Posted 01/10/2018 6:22 pm Hey all. I saw this 1857 Three Dollar gold piece selling on ebay for a pretty fair price. I have heard that gold coins are commonly counterfeited though, so I want to be cautious with these. Nothing really stands out to me as to this not being genuine, but I figure it wouldn't hurt to ask for some more experienced members' opinions. Seller's pictures: Here is the actual listing, if anyone is curious: https://www.ebay.com/itm/1857-G-3-T...OSwKQ9aOJT7. I am not actually planning to buy this. Just curious for opinions. Report this Post to the Staff

moxking Rest in Peace United States 17900 Posts	Posted 01/10/2018 6:49 pm Opinion is that it's too beat to tell much about authenticity. It's value is strictly gold content plus $10-$20 for giggles. Report this Post to the Staff
sprants New Member Canada 34 Posts	Posted 01/10/2018 7:11 pm I don't deal with gold coins, but I wouldn't buy a beat up coin like that unless I could see it in my hands first, or if it was a large ebay store. Report this Post to the Staff
Susuman Pillar of the Community United States 595 Posts	Posted 01/11/2018 02:59 am Nothing screams fake to me, but I certainly don't like the polishing done with an angle grinder. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 01/11/2018 05:54 am Don't buy it. Any evidence to prove that is may be a genuine coin has been very thoroughly rubbed off. Even if it is of genuine 90% gold, the gold melt value is the highest it can be valued at. Save up a bit more cash to buy something that will be more satisfying to own. Report this Post to the Staff
Dorado Bedrock of the Community Canada 24885 Posts	Posted 01/11/2018 06:34 am Quote: Don't buy it. Report this Post to the Staff
thq Pillar of the Community United States 3343 Posts	Posted 01/11/2018 07:03 am It looks real enough and is a relatively rare date. Looks like some solder residue on the reverse. It would make a good pocket piece, and fairly priced for what it is, for a lowball collector at F2 or G3. It's not worth slabbing IMO. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 01/11/2018 07:13 am I agree with thq that it looks genuine, is a better date and is possibly an ex-jewelry piece. I wouldn't touch it at that price though. There's less than $200 worth of gold in it (assuming it is a genuine $3 90% gold piece) and it appears heavily worn/damaged. ANA #R3154474 Report this Post to the Staff
kanga Pillar of the Community United States 5825 Posts	Posted 01/11/2018 09:58 am $3 gold didn't circulate much. I suspect that the wear is being used to hide the fact that it's a fake. I don't KNOW that it's a fake but why take chances on something that's virtually uncollectable. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/11/2018 3:17 pm Pass. Just a bad idea all round. to the CCF! Report this Post to the Staff
	Replies: 9 / Views: 1,922

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