Another fake for you to ponder

Discussion in 'US Coins Forum' started by ToughCOINS, Nov 21, 2014.

  1. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Spotted this fake tonight . . . http://www.ebay.com/itm/1865-Indian...n-/161493098310?ssPageName=ADME:X:RTQ:US:1123

    After politely informing seller that his coin is a forgery, he responded,

    "They are not fake, but if you want to send it back that is up to you. I deal with people who have been in the coin industry for over 50 years. Get real."

    Then I let him know that I have nearly 45 years experience in the industry myself, to which he replied,

    "You are a fool, on the last message I thought you had already bought something from me. You are a complete idiot. This coin has been verified by multiple coin shops to be real. Don't bid on it if you feel it's fake. The coin is worth over 2500. Don't even know why I am bothering replying to you. "

    I politely repeated my assertion, writing, "Classy reply . . . I suppose you believe that all coin dealers are true students of coins, and not just profiteers who don't take the time to really know how to authenticate well. You are putting unsuspecting buyers at great financial risk."

    I have not heard back from him since. Evidently, he is intent on ignoring me, and taking some unsuspecting buyer's hard earned money.

    I have reported the item to eBay, but expect a slow response, if any at all.

    Would anyone else care to ping off this guy? Perhaps he'd be more convinced if he heard from a number of people.

    - Mike
     
    Last edited: Nov 21, 2014
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  3. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    I agree with you. Those divots in the field on the reverse are a pretty clear giveaway. The tooling spikes coming from the rim don't help either...Just send him a link to this thread. Let's see if he shows up to defend the counterfeit coin.
     
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  4. fretboard

    fretboard Defender of Old Coinage!

    Certainly looks fake to me!! Maybe the seller thinks it's a proof, who knows. laughhard.gif Maybe he really thinks it's real. If he really thinks it's worth that much then why hasn't he had it graded? He could get a lot more money if it was graded.
     
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  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Unfortunately Matt, I don't think I'm able to send links in the eBay Message Center.
     
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  6. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    You can just mention that it's being discussed here. Maybe he will show up and we can help the guy become a more studious numismatist... Maybe not...
     
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  7. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Can the rest of us have a lesson on why this is fake?
     
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  8. fretboard

    fretboard Defender of Old Coinage!

    l







    $_gold obv1.JPG $_5gold7.JPG $gold coin_1.JPG $_5gold 57.JPG
    Ok, the top coin is at least genuine by PCGS, cleaned and no number grade but it is in a genuine slab. So pic number 1 and 3 are the real coin. If you look at the denticles and the edge of the questionable coin #2,they look fake, too prominent and edgy and they look slanted in some parts. As far as the reverse goes, the details in the leaves aren't there like in pic #3 and the whole wreath looks mushy. I hope the pics come out in the right order, the real coin is slabbed. Oh and what Matt said about the divots on the reverse and the tooling spikes around the rim. Besides, just look at those heads, too many differences to name. lol
     
    Last edited: Nov 22, 2014
  9. cletis faye

    cletis faye Well-Known Member

    Downtown alley coin
     

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  10. rzage

    rzage What Goes Around Comes Around .

    I'm not saying it's real , but a lot of type 3 $1 gold coins have mushy features . I bet I can go to Heritage and find one with worse details then this one .
     
  11. rzage

    rzage What Goes Around Comes Around .

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  12. rzage

    rzage What Goes Around Comes Around .

    I think the biggest giveaways are the tool lines coming from the dentils at 12 o:clock on the reverse that Matt mentioned . Another thing I don't like are the dentils themselves and the rim . I do wish I knew more about gold fakes , but my interests are in silver coins like Trade dollars and Bust halves .
     
    Last edited: Nov 22, 2014
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  13. Seattlite86

    Seattlite86 Outspoken Member

    I sent him a link to the thread and recommended he take it down. We will see what happens.
     
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  14. fretboard

    fretboard Defender of Old Coinage!

    Good for you. Let's see if he comes on here and defends his coin. dblthumb2.gif
     
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  15. ToughCOINS

    ToughCOINS Dealer Member Moderator

    This is a date for which just a few thousand coins were minted, and all examples I have seen were sharp. It is unlikely that such a lustrous example of this date would ever be seen with mushy details.

    Another of the "tells" not mentioned above is the distorted 5 in the date.

    Thank you all for chiming in.
     
    Last edited: Nov 22, 2014
  16. deacon2828

    deacon2828 Active Member

    Look at the eye in both photo's !
     
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  17. Endeavor

    Endeavor Well-Known Member

    The seller states in his reply that the coin is worth "well over 2500" yet starts the bidding at 1450. In the body of the listing they also note the coin has sold before for $37k. Hmm

    The above along with the defensive stance the seller took almost immediately suggests he/she knows it's a fake. Regardless, their reply was very unprofessional. Thank you for bringing this to our attention so that we could block people like this.
     
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  18. fretboard

    fretboard Defender of Old Coinage!

    You spotted a great example here and I also noticed that turned up 5 in the date as well. I wonder how it was made and whether it's actually made of gold?. I'm hoping the seller pops up so I can ask him if it was tested for gold content. If he's bold enough to re-list it, I'll ask him on ebay. icon_lol.gif
     
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  19. JPeace$

    JPeace$ Coinaholic

    The listing ended. Agree it's a fake.
     
  20. ToughCOINS

    ToughCOINS Dealer Member Moderator

    The eBay seller has agreed to get the coin professionally graded.

    We each agreed to apologize to the other if wrong.
     
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  21. medjoy

    medjoy Active Member

    Excellent resolution. Thanks for bringing attention to this coin.
     
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