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1883 Gold $1 Indian Princess, For Grading

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Jaobler's Avatar
United States
6392 Posts
 Posted 11/21/2020  01:54 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Whoa, looks like a really deceptive piece. Your shop should absolutely offer a full refund.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/21/2020  07:34 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
With hindsight, I can see some reasons why it was declared counterfeit, but I must admit: I may have been fooled with this one myself.
Did PCGS say why it was counterfeit?

Strange detail above the '1' (rev)
No wear on the face but weak definition (2nd generation copy?), but no luster, either.
Evidence of double imaging, especially on legend (obv), and bottom of the wreath (rev).

Is the weight correct?
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Zurie's Avatar
United States
5674 Posts
 Posted 11/21/2020  09:19 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
There are virtually no discrepancies from a genuine piece that would indicate a counterfeit, but the overall softness and the multiple pits on the obverse suggest perhaps a cast counterfeit. Agree that a weight would be the easiest way to confirm that it's not authentic.
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NumisEd's Avatar
United States
5191 Posts
 Posted 11/21/2020  11:02 am  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Counterfeit as in a Chinese copy on a gold/copper planchet, or a counterfeit as in gold plated base metal?
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/21/2020  12:34 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If it is copper core gold plated and of the correct weight and diameter, it would have to be more than double the thickness.

Assuming counterfeit as PCGS has indicated, I suspect that it is in good gold, or tungsten cored gold covered, and die struck.
The Chinese also do high pressure centrifugal die cast as well.
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NumisEd's Avatar
United States
5191 Posts
 Posted 11/21/2020  12:45 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Tungsten is very brittle. It would be a major feat to strike a coin like that.
A simple ping test would probably tell you all you need to know.
Edited by NumisEd
11/21/2020 12:46 pm
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/21/2020  7:56 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Tungsten has indeed been used in the manufacture PAMP and Perth Mint struck proof finish fake gold bars.
Tungsten is used for the core of APDS anti tank vs tank ammunition.

In this case though, I favor the possibility that the OP's coin (with hindsight) is a jeweler's copy in good gold.
Edited by sel_69l
11/21/2020 8:01 pm
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BH1964's Avatar
United States
10982 Posts
 Posted 11/21/2020  10:54 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
What does it weigh? What are the diameter and thickness? It does appear to be a good counterfeit (no pun intended). If it proves to be a contemporary gold counterfeit from the 19th century then it might be worth the $300 you paid. If it's not gold then the value is, of course, minimal.

ANA #R3154474
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KYCopperCoins's Avatar
United States
1361 Posts
 Posted 11/22/2020  6:53 pm  Show Profile   Bookmark this reply Add KYCopperCoins to your friends list Get a Link to this Reply
It actually had good luster, the coins haven't been received yet so I can't weigh it. They have had my coins for over 2 months, on a regular submission (2 months, and 8 days in fact) PCGS is being super slow, pretty annoyed at this point.
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