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Replies: 38 / Views: 6,554 |
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Bedrock of the Community
Australia
21786 Posts |
Always pays in the long run to buy bullion from an accredited bullion dealer, and to keep all of the buy and sell documentation. With large gold coins, there is always the possibility that they may hide a tungsten core, which has the same density as gold, and such coins will always test genuine with XRF. This is where bullion dealers, coin dealers and public auctioneers with the highest reputation come in. OK to buy/sell via ebay, but slabbed is a better way to go, along with the original buy/sell documentation to be provided by the seller.
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Valued Member
 United States
311 Posts |
Yes, big dealers are the way to go to avoid aggravation. We are not there yet, but in every wild gold bull market, there have been a slew of gold dealers that go kablooey. So be alert for any delays in processing, shipping, etc. And of course never let them hold anything for you. I am not crazy about slabbed coins or coins and bars in those sealed assay cards. You can't ping the coin or verify weight or measurements easily. So I've noticed that ebay will usually cancel an obvious fake coin auction before it ends. But sometimes like with the above replica coin, ebay will let the auction finish and then cancel it before the transaction can be completed with the buyer.
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Valued Member
 United States
311 Posts |
This one took a little more time to look over but it is fake. https://www.ebay.com/itm/195700155232 This one had no designer initials below date and one of the easier parts to check over carefully are the details of the olive branch. The fake olive branch doesn't extend far enough into the stars.
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Moderator
 United States
54280 Posts |
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here)
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Valued Member
United States
345 Posts |
This illustrates the scourge ... evil people with to morals ... they WILL meet their maker
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Valued Member
 United States
311 Posts |
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Valued Member
 United States
311 Posts |
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Bedrock of the Community
 United States
24876 Posts |
A picture of this fake 2023 American Gold Eagle alongside the US Mint's image. 
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
 United States
187446 Posts |
Quote: A picture of this fake 2023 American Gold Eagle alongside the US Mint's image. 
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Valued Member
 United States
311 Posts |
Thanks Hondo!
I usually first check out the branch detail but your side by side shows two easier checks. On the fake, the rays on the right don't extend past the date and on the left the rays don't make it into the stars.
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Bedrock of the Community
 United States
24876 Posts |
Inordinately fascinated by bits of metal with strange markings and figures
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Valued Member
 United States
311 Posts |
No space between "OF" and "AMERICA". Oops!
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Bedrock of the Community
 United States
24876 Posts |
Current bid is US $3,105.00. Have those people never seen one of these before?
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
 United States
187446 Posts |
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Pillar of the Community
United States
745 Posts |
Nice work guys. Keep these thieves on the run.
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Replies: 38 / Views: 6,554 |