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 Replies: 28 / Views: 5,353 |
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New Member
United States
32 Posts |
I have 2 coins that were returned from NGC labeled "not genuine" a 1906 D $10 and a 1913 $5 coin.
What's the consensus here on how to liquidate these coins? Do I sell them as not genuine or do I scrap them etc?
Thanks,
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Pillar of the Community
United States
7276 Posts |
You can't / shouldn't sell counterfeit coins. Consider it a lesson learned.
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Pillar of the Community
Canada
3733 Posts |
you will want to find out if there is any real gold in them, then sell them to a gold buyer as scrap..
Where did you buy these coins from, and how much did you pay for them..
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Bedrock of the Community
United States
94367 Posts |
Good advice from silverwolf.
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New Member
 United States
32 Posts |
Silverwolf,
I do clean-outs every now and then and have had these coins in my gold pile for about 5 years now. I didn't pay anything for them other then the privilege of hauling trash out of attics.
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Bedrock of the Community
United States
20753 Posts |
At least they didn't come back as fakes.  I wonder what they are made of. And here is a thought. What if NGC is wrong? |
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New Member
United States
32 Posts |
The weight looks right. Not sure if NGC is right is a good point.
$10 coin, 16.7g
$5 coin, 8.4g
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Pillar of the Community
United States
4680 Posts |
Wouldn't hurt to post a couple pics on here! Next step as stated, getting them tested for gold content, if any.
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Bedrock of the Community
Australia
21786 Posts |
The XRF test that scrap gold buyers use only tests the surface of the coin. If the coin is gold plated over a core, the XRF test by itself is not conclusive.
Other corroborative tests are required.
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New Member
United States
32 Posts |
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Pillar of the Community
Canada
5239 Posts |
Quote:
Other corroborative tests are required Since the weight and look seem reasonable, presumably NGC did these tests. What were they? |
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New Member
United States
32 Posts |
Here's how they were labeled from NGC [URL="https://postimg.cc/Bj5qFVqz]  [/url][URL="https://poemsonly.com/]your an inspiration poem[/url] |
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Pillar of the Community
United States
5826 Posts |
That $5 Indian looks incredibly good fake.
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Pillar of the Community
United States
1667 Posts |
I have no idea what's wrong with either of them but I'm no expert either.
I have no idea. it would fool me for sure. I spent a good half hour trying to find faults that I don't see.
maybe there's tooling marks that identify it to them that aren't visible in the pictures?
I dunno, did you check it with a decent magnet just in case already?
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Pillar of the Community
Canada
5239 Posts |
take them to an LCS and ask what they would pay for them.
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CCF Advertiser
United States
1533 Posts |
There were many fakes of these. They were made from melted down Saints so the metal is right. There used to be a numismatic premium on these coins, now there is none, so it hardly matters.
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Replies: 28 / Views: 5,353 |
Posted 09/06/2020 09:34 am
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