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Replies: 40 / Views: 11,380 |
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Locked
822 Posts |
Yeah, pretty ridiculous to question it.
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New Member
 United States
9 Posts |
Yeah I don't mind if you link the arfcom thread. And just for the record I am not slandering APMEX in any way. They have offered to exchange the coin just as they state on the site. They have also been extremely prompt and friendly in communications. I have spent a lot of money with APMEX so I just want verification after this slight scare that my stash is legit. A small hole in this coin is going to cost me around 200 bucks (premium plus getting 90% spot for it) so for 200 dollars I am choosing to independently verify. Going to drill it tonight.
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Bedrock of the Community
United States
12437 Posts |
No good can come from you drilling the coin  If you send it back to APMEX/PCGS and it is proven fake, you get your money back. If it is fake and you drill it, you lose everything...
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New Member
 United States
9 Posts |
You don't see any value in me knowing my entire stash (purchased exclusively at APMEX) is legit? For around 200 bucks? If not I'm not sure what to say. I'm not saying you have to agree with it but to say their is no value does not make sense to me.
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Bedrock of the Community
United States
12437 Posts |
If it is a fake coin in a real slab, it is on PCGS to refund you. If it is a fake coin in a fake slab, it is on APMEX to refund you. Neither entity will give you the time of day if you damage the coin and slab. Shooting a video will be of no help as well because video can be easily manipulated. As an aside, that arfcom forum is full of some seriously numismatically illiterate people who have no business commenting on matters they are completely unfamiliar with 
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Pillar of the Community
United States
6326 Posts |
Very interesting..... "IF" this is a proven fake/counterfeit/or even a "gold plated" HSN coin or whatever........Man ! That would sure shake up the world as we know it !.......    I'm sure there might be some nefarious folks out there who are buying the " COPY" gold plated Buffalo's from the infomercials, and possibly carefully removing the word "COPY", and then passing them off as the pure gold coins.......with gold being SO HIGH....criminals of ALL LEVELS will be attracted to doing something like that, SOME might even be very talented at it ! But, to fool a top grading company and a top dealer..... WOW !>>>>>>>  That would definately freak everybody out. I would be with those who say this coin "is" legit......and deal with APMEX on it if you're not happy with it, or question the grade, or authenticity. BUT DON'T DRILL A HOLE IN IT BUD !! ........      
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New Member
United States
15 Posts |
If you drill a hole in it please post pictures. This could be as big as the car forum where the guy painted his brake calipers... and pads.
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New Member
 United States
9 Posts |
Will be drilling it here shortly. I expect fully this to be a non event and we see gold under the black mark. I just need to know and see with my own eyes. I always wonder about my coins to be honest so this is a long time coming.
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Moderator
 United States
188877 Posts |
Quote:You don't see any value in me knowing my entire stash (purchased exclusively at APMEX) is legit? For around 200 bucks? But drilling one coin would only verify the content of that one coin. To be certain, you would need to drill all of them. Personally, I would not drill any of them; let APMEX and PCGS do their job. Quote: This could be as big as the car forum where the guy painted his brake calipers... and pads. Or the motorcyclist that put NOS Energy Drink in his gas tank. 
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Bedrock of the Community
United States
10982 Posts |
 Let us know how this comes out. I've bought and sold a lot of gold in last 3 years and see nothing questionable about your coin. And yes APMEX, is a top notch outfit. If you want to confirm it's gold, just weigh the slab. Again, why do you think it's questionable?
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Pillar of the Community
United States
6326 Posts |
Quote: Again, why do you think it's questionable?
Because of the gouge mark showing what appears to be a non-gold material underneath. Personally, I don't think it's "fake", I agree with the others here........ Ha Ha.....but if he does drill it.....Heck !.....I'm curious now which way this will be confirmed ! It's certainly not something " I " could ever do......
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Pillar of the Community
United States
4989 Posts |
I tend to agree that drilling the coin proves nothing other than the fact that the owner has a fake coin. The PCGS labels are routinely faked and the APMEX linkage is Hearsay.
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Bedrock of the Community
United States
10982 Posts |
Quote: Because of the gouge mark showing what appears to be a non-gold material underneath.
But the "gouge" is smaller than a speck of dust. It's magnified at least 20X in the first set of images. In the pic of the full slab it's at least 2X magnification and barely visible. Hand that slab to somebody to examine with their naked eye and it's invisible. They say paranoia will destroyia. This is a prime example of that. If it was a 10oz no name gold bar without a COA, then it's a legitimate issue. Now in 0.01% likelihood that it is a fake gold Buffalo, in a fake PCGS slab and sold by a major retailer of precious metals? Then every piece of gold in the known world is suspect. P.S. Here's a pic of the coin as most would view it: 
Edited by BH1964 12/03/2010 5:17 pm
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Bedrock of the Community
United States
10284 Posts |
It doesn't look like a gouge to me, looks like something on the coin, some foreign metal or maybe an impurity.
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Bedrock of the Community
United States
12437 Posts |
I personally have seen hair, food crumbs, and paper shreds sealed inside slabs- it does happen.
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Replies: 40 / Views: 11,380 |