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2017 $50 Gold Buffalo Coin

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Pillar of the Community

United States
585 Posts
 Posted 01/01/2023  1:29 pm Show Profile   Bookmark this topic Add KerryKz to your friends list Get a Link to this Message Number of Subscribers
Don't even know where to begin with grading on this. And is pricing fairly close to that of gold value?
2017-$50--Gold-Buffalo-Coin
2017-$50--Gold-Buffalo-Coin
2017-$50--Gold-Buffalo-Coin
2017-$50--Gold-Buffalo-Coin
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commems's Avatar
United States
12252 Posts
 Posted 01/01/2023  1:53 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@KerryKz: When/Where did you purchase the piece?

From the images presented, the piece appears to have some questionable areas.


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United States
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 Posted 01/01/2023  2:02 pm  Show Profile   Bookmark this reply Add KerryKz to your friends list Get a Link to this Reply
It was a gift.. no way I could afford this or would buy it with my non existent knowledge! Def got a problem or two.. don't know enough to even feel comfortable using water on this thing
2017-$50--Gold-Buffalo-Coin
2017-$50--Gold-Buffalo-Coin
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commems's Avatar
United States
12252 Posts
 Posted 01/01/2023  2:40 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Do you have access to a coin/jewelry scale? It would be good to get an accurate weight (to at least one decimal place) in grams with the piece outside of the capsule. It would also be good to get an accurate diameter measure.


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United States
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 Posted 01/01/2023  3:11 pm  Show Profile   Bookmark this reply Add KerryKz to your friends list Get a Link to this Reply
About 1.25 Inches. Don't think a big old measuring tape was the right choice. But all I had handy.
2017-$50--Gold-Buffalo-Coin
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Dearborn's Avatar
United States
94728 Posts
 Posted 01/01/2023  4:20 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
It looks to be a gold plated over a copper core. What is the physical size of this coin compared to the gold bullion the mint produces?
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macmercury's Avatar
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5820 Posts
 Posted 01/01/2023  6:56 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I don't think gold would get that type of spot toning by the date, that's more like a copper spot.

Edit: The details looks good though.
Edited by macmercury
01/01/2023 6:58 pm
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Dearborn's Avatar
United States
94728 Posts
 Posted 01/01/2023  6:59 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
I don't think that this is an authentic gold coin - at lease from the mint.
For one thing- when it comes to gold, I doubt very much they would let it be over weight by .099g - that extra weight may be from an additional plating over a copper core. (in the last image by the OP, you can see a chip in the gold color and showing a 'copper' color underneath by the 1 in the date. Also there is a missing mintmark above the date. In addition gold will not tarnish like what is seen on this coin.
Here is an image of the mint produced coin:
2017-$50--Gold-Buffalo-Coin
here are the stats on the mints coin:

Denomination: $50
Finish: Proof
Composition: 99.99% Gold
Gold Fine Weight: 1.0000 troy ounce
Diameter: 1.287 inches (32.70 mm)
Edge: Reeded
Mint and Mint Mark: West Point - W
Privy Mark: None
Edited by Dearborn
01/01/2023 7:00 pm
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macmercury's Avatar
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 Posted 01/01/2023  7:22 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
The proof comes with the west point mint mark, the bullion does not.
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 Posted 01/02/2023  09:12 am  Show Profile   Bookmark this reply Add KerryKz to your friends list Get a Link to this Reply

2017-$50--Gold-Buffalo-Coin
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 Posted 01/03/2023  10:35 am  Show Profile   Bookmark this reply Add KerryKz to your friends list Get a Link to this Reply
Okay any thoughts on my original questions?
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hokiefan_82's Avatar
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3634 Posts
 Posted 01/03/2023  2:00 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply

Quote:
I doubt very much they would let it be over weight by .099g

@Dearborn, I think the scale display is in avoirdupois ounces; 1 troy ounce is about 1.097 avoirdupois ounces.
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commems's Avatar
United States
12252 Posts
 Posted 01/03/2023  6:07 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
And is pricing fairly close to that of gold value?

If it's genuine - something I remain undecided about based on the images provided - it often sells for about 15% over its intrinsic gold value.


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macmercury's Avatar
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5820 Posts
 Posted 01/03/2023  8:08 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
XRF may not be able to proof this one genuine if the gold layer is thick enough to deter it, so a density test is probably better.
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