Is This A Fake?

What else is he selling right now? Hmmm.. some rap jewellry, rap clothes, and an "extremely rare" Australian paper $50 note, misprint, a slight misalignment. Not sure that last one is worth 5 times face value, and given there's less than an hour to go and its got no bidders, no-one else is convinced either... It's safe to say it's not an experienced coin seller.

Back to the item in question: purportedly a spade guinea, or fraction thereof. I was going to hedge my bets and say, "it could be fake, it could be real". But then I looked it up; spade guineas of this type weren't issued until 1787, and good ol' George III didn't reign until 1760. The latin abbrev's around the reverse are wrong, too.

Conclusion: it's a fake, but one designed to fool an illiterate marketplace, rather than a coin collector - it's a contemporary copy, also known as an 'evasion'. The different legend would be the forger's defence, if he ever got caught - instead of hanging him, they'd have shipped him off to Australia.

I doubt it would actually be made of gold, or worth the price currently being bid.

The card counter ones were usually a bit more blatant than this one, thin, lightweight, with legends like "in memory of the good old days".

Here is one being sold on ebay now, over in the UK. This guy's got a whole bagful of 'em for sale.

I seriously doubt if that's even gold. If it was gold, at least, there is some sort of bullion value but it's pointless if everything to it is a sad counterfeit.