Gold Counterfeits

Discussion in 'US Coins Forum' started by Agilmore01, Jan 24, 2015.

  1. Agilmore01

    Agilmore01 Well-Known Member

    I have a few gold coins i have discussed in previous threads that my LCS said were counterfeits. I finally got around to taking some pics. This is the best I can do since I only have a cell phone camera. I remember specifically he stated my $20 and my $1 was fake. I can't remember if he said the $5 or the $2.50 was the other one. Below are the pics. Thoughts?
     

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  3. Agilmore01

    Agilmore01 Well-Known Member

    Here's a few that he thought were ok. Do you?
     

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  4. coinman1234

    coinman1234 Not a Well-Known Member

    They all look perfect to me.
     
  5. fretboard

    fretboard Defender of Old Coinage!

    They all look to be high quality counterfeits. Did he actually test any of them?
     
  6. Agilmore01

    Agilmore01 Well-Known Member

    No, he louped them. This has been over a year ago when he looked at them. He didn't have the "gold testing machine" at that time, but he does now (I don't know what it's called). His shop is about 45 minutes away and I don't get out there very often. I will take them back the next time I go.
     
  7. fretboard

    fretboard Defender of Old Coinage!

    If he has a gold spectrometer I'd make time to go over there b/c they specify the percentage of gold content if there is any. Either testing method should suffice though. I would find out, many fakes were made of real gold. Normally not as much as usual but still, people buy fakes too.
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    >The $20 is a definite fake. "LIBERTY" on the headdress is not placed properly.

    >The $1 appears to be fake. The neck vee points to a different point on the rim.

    >On the $2-1/2, what appears to be a remnant of a rim through the lettering on the perimeter of the reverse looks questionable to me.

    >I don't notice anything unusual on the $5.

    NOTE: It is possible that your LCS assumed that ALL were fake just because the $20 & $1 were obvious.

    Chris
     
    Seattlite86 likes this.
  9. Agilmore01

    Agilmore01 Well-Known Member

    There are 12 coins in the Capital Plastics set, and he picked out 3 as counterfeit.
     
  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Oh! Okay! Then, to me, the $5 looks real and the others fake, but I'm not an expert on gold. I believe that Bill Jones on the NGC forums is pretty good in that respect.

    Chris
     
  11. miedbe7

    miedbe7 Wayward Collector

    That stinks man. Hopefully you can at least recoup some gold content?
     
  12. Agilmore01

    Agilmore01 Well-Known Member

    I didn't buy these. I inherited them. My grandfather collected them in the 60's and 70's. He died in 1981 and I got them 3 years ago when I started collecting. I want to scrap the gold from the fakes and buy a riding lawnmower.
     
  13. miedbe7

    miedbe7 Wayward Collector

    That's right. I remember the thread a couple weeks ago. I'm sure your grandfather enjoyed them regardless, darn counterfeiters. Oh and I forgot to mention that the 1898 date looked skewed on the double eagle but maybe it looks like that normally (not a collector of these). Good luck on getting something outta them.
     
  14. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Geez, how much can a riding lawnmower cost? Don't forget how quickly it will depreciate. I'd keep the real gold (9 coins?) and find some other way to buy the mower.

    Chris
     
  15. Agilmore01

    Agilmore01 Well-Known Member

    I am going going to scrap the 3 fakes and keep the rest. I want to buy a nice, used mower that already depreciated a lot and used the leftover money to buy more coins.
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Provided that the 3 fakes are real gold? More than likely, not.

    Chris
     
  17. Agilmore01

    Agilmore01 Well-Known Member

    I think they are. They are pretty heavy like they are real gold. I read that in the seventies there were a lot of fakes coming out of the Middle East that were actually made of a little bit purer gold than what we used but they were able to easily recoup their money by selling them as genuine coins.
     
  18. harris498

    harris498 Accumulator

    The fakes are almost certainly real gold.
     
    Agilmore01 likes this.
  19. JBOCON

    JBOCON Well-Known Member

    Let us know if the fakes are gold!
     
  20. Colonialjohn

    Colonialjohn Active Member

    I am writing a book on counterfeits. If that $1 is a fake I like to include it in my newbook. The color is off but will do SEM/EDS and XRF testing. Some fakes as in Spain's Isabel II's have platinum. So if the weight is equivalent to regal there is a good chance it could be a Au/Pt mix.

    John Lorenzo
    Numismatist
    United States
     
    NOS likes this.
  21. GDJMSP

    GDJMSP Numismatist Moderator

    Before you do anything you need to make sure which are which. In some cases that can be done by sharing pictures, but in many cases it cannot. Perhaps it would be best to send them off to someone you trust who has the ability to do that.
     
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