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Replies: 13 / Views: 1,598 |
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Bedrock of the Community
United States
11880 Posts |
This coin came up for auction today. With a few minutes to go, it had received 9 bids up to $1,355. I thought it was about xf40. I thought it was worth in the $3k range and was willing to pull the trigger and throw out a bid up to $2k. At best I get it somewhere between $1.355k to $2k. At worst I get out bid. It ended up selling for $1,355. At the last minute I didn't pull the trigger on my bid. Kind of regretting it now. The reticence came from whether the raw coin was genuine or not. I really shouldn't have worried because there was a return option. So what do you think in term of grade, problems and if you want to weigh in, whether it is genuine. Thanks!    Edited by numismatic student 03/28/2019 4:52 pm
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Pillar of the Community
Germany
1849 Posts |
I think you did well to stay away. I believe it is not a genuine coin.
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Bedrock of the Community
 United States
11880 Posts |
Thanks G. What made you think that?
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Pillar of the Community
 United States
6529 Posts |
The spiked letters in Liberty don't seem right. And that E looks very off.
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Pillar of the Community
United States
1005 Posts |
General appearance looks off to me. Ignoring details it looks like a fake coin.
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Pillar of the Community
 United States
8938 Posts |
I'll say a old counterfiet
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Valued Member
 United States
461 Posts |
It looks like too good a strike to expect from that era. Stars razor sharp, etc. At a gut level, it looks too good to be true.
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Bedrock of the Community
Australia
21786 Posts |
If any doubt, then don't bid, even if your judgement eventually proves to be wrong. Never regret such an approach to making any bid in these circumstances.
All details appear to look a bit mushy. I am thinking that it may be a die struck copy. I confess that I could be deceived, but I don't think so.
A soft material may have been used as a hub, subsequently hardened then used to strike this copy. High power magnification needed to confirm if high pressure die cast or die struck.
If die struck, probably made in the same way as hubbing off an original plaster model, (in this case, an original coin used), in the same way as modern mints do.
This copy could well be more than 50 years old, probably of American or European manufacture. I have seen quite a few highly deceiving fakes European crown sized silver coins - this one may have originated in Europe as well.
A higher level of confidence, if it had been slabbed. Potential value justifies slabbing.
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Bedrock of the Community
United States
36738 Posts |
I think you made the right decision to pass on this one.
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Bedrock of the Community
United States
94367 Posts |
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Bedrock of the Community
 United States
18657 Posts |
I think you did good passing. better safe than sorry. the overall look of the coin is mushy as previously stated on both the high and low devices
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Pillar of the Community
United States
1186 Posts |
I agree with keith12. The spikes on "LIBERTY" would keep me away from this one.
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Pillar of the Community
United States
4469 Posts |
The coin looks off. You made the correct decision.
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Pillar of the Community
United States
8715 Posts |
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Replies: 13 / Views: 1,598 |
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