A question on American Silver Eagles.

Discussion in 'US Coins Forum' started by Devyn5150, Jan 2, 2020.

  1. Devyn5150

    Devyn5150 Well-Known Member

    i don’t have a photo and, I must not be asking the question right for Google to give me the answer.

    I went in to my local pawnshop a couple of days ago. A, raw, 2000 Silver Eagle was in the showcase. Upon inspection, I noticed that the alignment between the reverse and obverse was, ⬆️⬆️ and not ⬆️⬇️ (if the emojis ain’t showing... up arrow and up arrow versus up arrow and down arrow). Is this common or a fantastic error or a cheap knockoff from China? The only answer I could come up with was through looking at slabbed Eagles which brought me to the conclusion that the alignment should be, one up one down. Am I correct?
     
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  3. furham

    furham Good Ole Boy

    Yes.
     
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  4. Devyn5150

    Devyn5150 Well-Known Member

    So the advice would be... go buy the darn thing before someone else realizes and scoops it up. Yes?
     
  5. -jeffB

    -jeffB Greshams LEO Supporter

    Error? Possibly.

    Cheap knockoff in a pawnshop? Probably.

    My local shop had a bunch of ASEs out on display. One was noticeably duller than the others. I looked more closely, started to see other things wrong about it -- then saw that the sticker said "Reproduction", and had it at only $6.00, instead of $23 like all the others. :rolleyes:
     
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  6. -jeffB

    -jeffB Greshams LEO Supporter

    If you want a fake, sure. Or even if you want an actual error and won't be disappointed with a fake. I'd be disappointed with a fake, though, especially if I paid a real-silver price for it.

    If you do go back, take pictures first. Or at least take a good scale and a magnet.
     
  7. Devyn5150

    Devyn5150 Well-Known Member

    It is why I didn’t buy it on the spot, don’t want a fake, not yet anyways. If I recall correctly, he was asking $30 Canadian.
     
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  8. -jeffB

    -jeffB Greshams LEO Supporter

    Go back with a magnet and scale, and disappoint him instead.
     
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  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    FYI: For US coinage, "one arrow up & one arrow down" is called Coin Turn while "both arrows up" is called Medal Turn. Some countries use "Medal Turn" for their coinage. ~ Chris
     
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  10. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    Some rotation, sure, but a perfectly aligned full 180 degree rotation seems more likely to be a knockoff made that way due to a lack of knowledge.
     
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  11. -jeffB

    -jeffB Greshams LEO Supporter

    Yes, there are quite a lot of those.
     
  12. Devyn5150

    Devyn5150 Well-Known Member

    Cool. Thanks. I’ve only ever thought of it as alignment. Learning already, day two of decade three.
     
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  13. Devyn5150

    Devyn5150 Well-Known Member

    I’m going in today, if it’s open, to check weight and other things. Thanks.
     
  14. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    I've always used the term coin alignment and medal alignment.

    Maybe Chris was thinking that it was his turn at the pool table. :hilarious:

    (FYI: I've seen the term turn and orientation used as well as alignment. It's just fun to give Chris a friendly poke once in a while ;))
     
  15. Devyn5150

    Devyn5150 Well-Known Member

    Results are in... and, of course, half way home I remembered that I once again forgot to take a photo.

    Weight... 28 not 31
    Magnetic
    Reeded
    Date numbers rounded top edge not straight
    No mint mark and certainly didn’t look like a proof, kinda dark and toning in spots.

    Fake. Yes?
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    As long as you don't poke me with the "chalk end" of the stick! ~ Chris;);)

    PS. When I finish at my turn at the table, the game is usually over.
     
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  17. -jeffB

    -jeffB Greshams LEO Supporter

    If it's attracted to a magnet, it ain't silver. If it ain't silver, it ain't a real ASE. Congrats on keeping your $30CDN -- although I'll bet you could've talked the seller down, especially after he saw the thing stick to a magnet.
     
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  18. desertgem

    desertgem Senior Errer Collecktor Supporter

    Your numbers are convincing. Yes. What did the dealer say? jim
     
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  19. Devyn5150

    Devyn5150 Well-Known Member

    He looked kinda weirded out by my inspection. I had to apologize for the bad news. He didn’t say what he paid but did say it wasn’t much. He just plopped it back into the showcase.
     
  20. jgrinz

    jgrinz Senior Member

    And that's a Dealer / Store I would not trust - Plain and Simple!
    Do not go back!
     
  21. -jeffB

    -jeffB Greshams LEO Supporter

    Well, that should tell you something about him:

    1) He's dishonest. Either he paid super-low for what he thought was a silver coin, or he bought it knowing it was fake, and was trying to sell it as real.

    2) He may not know what he's doing. Or maybe he was just lying to you.

    3) He's still going to try to sell it as real. See (1) above.
     
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