Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer Shop for APMEX Bullion on eBay!Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Does This Coin Look Legit To Bid On?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 11 / Views: 2,417Next Topic  
Valued Member
madlou22's Avatar
United States
89 Posts
 Posted 03/16/2011  7:25 pm Show Profile   Bookmark this topic Add madlou22 to your friends list Get a Link to this Message Number of Subscribers
Hey guys, as most of you know I really wanted a commemorative. Here is a lafeyette dollar going for a pretty good price. Just wanted to make sure nothing crazy happend to it. Please post your concerns. Thanks!

***Moved by Mod to US Commemoratives Forum***

Does-This-Coin-Look-Legit-To-Bid-On?

Does-This-Coin-Look-Legit-To-Bid-On?
Pillar of the Community
Adam_E's Avatar
United States
4846 Posts
 Posted 03/16/2011  7:34 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
this coin was cleaned, and pretty harshly on the obverse, I would stay away if I were you. how much are they asking?
Valued Member
madlou22's Avatar
United States
89 Posts
 Posted 03/16/2011  7:38 pm  Show Profile   Bookmark this reply Add madlou22 to your friends list Get a Link to this Reply
They were asking 100. I think for that price it's pretty fair considering there were only like 15,000 minted.
Edited by madlou22
03/16/2011 7:39 pm
Valued Member
bryan1234's Avatar
United States
463 Posts
 Posted 03/16/2011  8:05 pm  Show Profile   Bookmark this reply Add bryan1234 to your friends list Get a Link to this Reply
I personally like the Lafayette dollar, its the first commemorative dollar and the first commemorative with a us president on it
Pillar of the Community
United States
3184 Posts
 Posted 03/16/2011  8:29 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
you mean its at 100 right? I think these go for a lot more.
Pillar of the Community
cwb1877's Avatar
United States
1659 Posts
 Posted 03/16/2011  8:47 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
Lafayette dollars are commonly counterfeited. I don't know enough about them to authenticate them, but there are a couple of things about this coin that can be indicative of a counterfeit...

1) I see what look like pits or raised pimples in the fields (pointed to with arrows).

2) There seems to be some general lack of detail on the General.

3) $100 seems pretty low (assuming it's a Buy It Now rather than an auction)...maybe too good to be true? I'm always suspicious of "bargains" in numismatics.

Plus, as already pointed out, it was harshly cleaned. These things make me suspicious enough to steer clear of it.

Does-This-Coin-Look-Legit-To-Bid-On?
Edited by cwb1877
03/16/2011 9:02 pm
Valued Member
madlou22's Avatar
United States
89 Posts
 Posted 03/16/2011  9:02 pm  Show Profile   Bookmark this reply Add madlou22 to your friends list Get a Link to this Reply
thanks a ton for your insight cwb8539! You are certainly right. The general has basically no detail, and the seller has 0 feedback. So after hearing all that, looks like I wont be getting this lafayette.
Pillar of the Community
Darth Anarchus's Avatar
United States
1388 Posts
 Posted 03/16/2011  10:16 pm  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
0 feedback should make everyone one run...IMO of course
Pillar of the Community
fcrazo's Avatar
United States
651 Posts
 Posted 03/16/2011  10:52 pm  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
here are some more bad ones...

look at http://www.flickr.com/photos/coinfo.../5468258818/ here's a copy/counterfeit in a slab and ebay Listing Number: 260741789647
Listing Date: Feb 21, 2011 (Quick 1 day duration Listing)
Item Location: San Antonio, TX, United States (Very suspect: probably an Asian from mainland China)

Hey! I live in SA! Who the "blank" did this?

Moderator
Learn More...
nickelsearcher's Avatar
United States
15395 Posts
 Posted 03/21/2011  9:28 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply

Quote:
I think for that price it's pretty fair considering there were only like 15,000 minted.


Actually .... there were 50,026 minted (includes 26 assay coins) ... and 14,000 were returned to the Mint in 1945 for melting. The total net mintage of this coin is 36,000 examples.

That said ... IMHO this is not one of the original 36,000 survivors. Cast copies nearly always lack detail at the center of the coin ... and show signs of bubbles, pits, dots, etc on the devices and fields.

Take the hint ... run away from this coin.

David
Take a look at my other hobby ... http://www.jk-dk.art
Edited by nickelsearcher
03/21/2011 9:30 pm
Moderator
Learn More...
vermontensium's Avatar
United States
16677 Posts
 Posted 03/21/2011  9:39 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Pass bigtime on this coin, for several reasons.
swcoin.ecrater.com
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 03/21/2011  9:47 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
There are very few commem collectors, and they can afford to buy nice ones. Even without authenticity questions, I'd pass on this scrubbed and discolored example.
  Previous TopicReplies: 11 / Views: 2,417Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.31 seconds to rattle this change. Forums