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 Replies: 12 / Views: 2,149 |
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Valued Member
Canada
64 Posts |
Hi guys, haven't posted on here in a while but wanted to share this one. A guy told me today about someone who apparently got a 1908 US ten dollar GOLD coin, with a couple loonies and some other change from Tim Hortons. Sounds fishy to me, what are the chances that a coin that valuable would accidentally get into circulation? It looks kinda like a loonie but not that much! You'd think it would get noticed right away. He said he's seen it though, so I figure it's either stolen or the guys just full of BS. That seems more way more likely.
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Moderator
 Australia
16810 Posts |
Quote:
He said he's seen it though, so I figure it's either stolen or... ...or, another option is that it's a fake US $10 coin. Which seems likely, given the context. The first thing you'd notice, on expecting a loonie in your hand and being given a $10 solid gold eagle instead, is "wow, that thing's heavy". They weigh 17.5 grams; a loonie weighs just 6.27 grams - so the eagle would weigh nearly 3 times normal loonie weight. Costume jewellery replica "gold" coins, on the other hand, are likely to be much lighter in weight, as they won't be made of solid gold; they'd be either brass or gilded base-metal, so would weigh about the same as a loonie. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
Canada
5394 Posts |
I will go with the tall tale story.
Someone cranking someone up !
Edited by Pacificoin
01/31/2022 11:58 pm
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Moderator
United States
56855 Posts |
I have read a lot of stories over the past where a collectable coin is found in someone's change. Most times it was a stolen coin that a relative takes from moms or pops collection knowing nothing about coin collecting and spends it on a Slurpy  John1  |
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Valued Member
Canada
78 Posts |
I used to work in a variety store when I was quite young. It was unbelieveable the amount of old change kids brought in that they stole from parents. I started collecting way back then.
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Pillar of the Community
Canada
2495 Posts |
I believe it, but I also believe the gold piece to be a fake.
Sorry for the generalization, but most cashiers haven't got a clue about what's money these days.
Hand them a 50c coin or a $5 bill from the 70's or 80's and they'll call the cops on you because they're clueless.
So yes, I do believe the story.
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Pillar of the Community
Canada
668 Posts |
Most probably a fake imo.
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Valued Member
 Canada
64 Posts |
Yeah my brother-in-law got a proof loonie once in some change, figured it was some kid who stole it from his parents. That's a lot different than a $1500 coin! If you leave coins that valuable just sitting around where kids could get them, well, you're probably going to regret it!
UPDATE: So I told the guy to get in touch with the guy with the coin, and so he sent him a couple pics that he showed me and it looks legit...now I'm tryin to get him to let me come over and see it. I told him to weigh it as a first check to see if its real but haven't heard back about that yet.
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Pillar of the Community
Canada
2781 Posts |
I got an off metal twoonie in change from a 7-11, so I am with anything is possible, however being probable is another story.
For such a high value item, "got it in change" would be a good way to deflect it's (possible and probable) true origin.
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Pillar of the Community
 Canada
1775 Posts |
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...now I'm tryin to get him to let me come over and see it. This is getting good.  . Wade may be correct. She may be a little warm to the touch. "We are poor little lambs...who have lost our way...Baa...Baa...Baa"
In memory of those members who left us too soon...
In memory of Tootallious March 31, 1964 - April 15, 2020
In memory of crazyb0 July 27 2020. RIP.
In memory of T-BOP Oct. 12, 1949 - Jan. 19, 2024
Edited by loonielewy
02/04/2022 09:16 am
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Valued Member
Canada
65 Posts |
Several years ago I bought a Micky Mouse tin full of world coins for 20$. In 2017 I went through them, I didn't notice the 100 year old Austrian gold ducat for a bit because of all the other random colours. The gold colour was off of what you'd normally see in stores or on tv.
I don't doubt it's possible but it's not plausible to happen to someone in a lifetime.
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Pillar of the Community
Canada
1984 Posts |
Not quite the same thing, but I once bought an unsearched lot of packaged RCM-like garbage product for not much money and found a $500+ value Australian mint gold coin in the mix.
This stuff does happen. Kids take coins and spend them. Or people inherit a coin collection and just spend it. "Lay" people no longer understand silver and gold as they once did.
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Moderator
Canada
10456 Posts |
I was doing fieldwork in northern Alberta in 2005, and drove by a farm with a sign, "Estate sale today". So I decided to stop in and after looking at stuff laid out in the barn, decided to stick around and bid on a large old coffee tin full of coins, as you could see some silver in it. I bought it for about $150.
Later, going through the can, it contained almost a complete collection of Newfoundland and New Brunswick silver coins, including a 1946c 5c in AU, both 1873 5c in F and several Canadian key dates, including an 1893 Round Top 3. I sold a good number of these to Brian Bell when I first decided to help my uncle out at a coin show in Edmonton. Prices were strong in 2005, and that was a gamble that paid off handsomely. I used the funds at the same show, to buy a nice 1944 ICCS MS-65 1c from Sandy Campbell.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Replies: 12 / Views: 2,149 |
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Posted 01/31/2022 11:56 pm
