My first gold counterfeit...frustrating

well, I can see that the obverse stars are not uniform. Some have one longer or fatter leg than the others.

 

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Ok. Buy a slabbed coin and you are proected? Whatif the slab is counterfeit?
How do you buy something that is essentially straight from the graders or how to know the slab is legit?

 

The buyback is at "FMV" as determined by the TPG, which may have no resemblance to their own published price guides or the graysheet.

 

It comes from grey sheet. I know this for a fact, as a friend of mine had to exercise the guarantee, and PCGS got the FMV from the sheet. They don't have time to monitor selling prices, auction prices, price guides, or whatever. They gave him direct retail greysheet price, and that was that.

 

Right the Chinese are not only faking coins their faking pcgs slabs too makes it even harder best idea if you got a question punch in the slab number in either pcgs or ncg and it will give you a picture and the specs of the coin in that numbered slab

 

You will note I said it MAY have no relationship, there have been plenty of stories from people who have gotten settlements under the guarantees that were not close to the graysheet. Most likely the more generic and more frequently traded the coin is them more likely you will get graysheet values.

 

I would bet if the slab is counterfeit and may deceive even adv. collectors that they will work with you... it's also in their interest to figure out where it's coming from and to have a closer look at it.

 

There's usually tooling marks on the Mid East fakes , I have a raw '14-D that I'm going to send in that I've had for over 35 years , but the Mid East fakes have been around that long , I've heard some were even of a higher purity then their US counterparts . Still under a 10Xs loupe I can't see any tool marks . I'm just hoping it's legit .

 

Hey Rheingold why not scrap it and use the $ to get a genuine one?

 

Hi Yankee 42,

I sold it and bought a slabbed one (Pcgs)
It's a 1910 D in MS 61.....nice piece

Thanks all for input.....

 

After reading this post it gave me suspicions about my 1915 $2.5 Quarter Eagle. When I bought it I had a choice from 8 to pick from. After doing my research I found that some of these US gold coins have red or even green dyes depending on where they were minted. One of the mints was Chattanooga I believe, the other I can't recall....So the coin I selected has a reddish dye on it, a sign of it's authenticity or so I thought. Has anyone else heard of this before with US gold coins?

 

Gold counterfeits are so good. Its actually quite sad. $2.50's are almost undetectable!

 

Different trace elements in the gold that come from the source of the gold can cause slightly different tinting to the gold. Serious specialists in gold can look at a coin and tell from the color if it is right for that date and mint, or at least for the era. That is why sometime counterfeiters will sometimes melt down real coins from the right time period in order to make fakes of a better date and mint.

 

This 2.5 dollar of the same date and mint also has irregular stars. http://www.ebay.com/itm/1914-D-Gold...89?pt=Coins_US_Individual&hash=item4866b79b4d

 

Pretty sure this is genuine. Most (if not all) the 1914-D have a ring around the edge, almost looking like they were in a bezel. If I saw one WITHOUT this, I would be concerned.

 

Resubmit the coin since a second opinion should be required when the coin is in this price range.

 

You sold it?

To who?

How?

 

Sorry for taking so long to post . but we'd need a clearer pic to be of any help .

 

I know this comment is months old, but I find it interesting. My $5 1915 Philly has a similar ring and I just assumed it really was former jewelry. Was there something about the collars or the dies for these that caused it? Anyone with definitive information about this?

Rob