why do people do this???

http://cgi.ebay.com/1929-USA-MINT-2...0|66:2|65:12|39:1|240:1318|301:0|293:2|294:50

Was browsing ebay last night and THIS came up. I died a little inside...

 

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That does make your stomach turn, doesn't it? I feel the same way anytime I see a nice coin like that in jewelry.

 

yeah. but at least with jewelry coins they are still somewhat valuable...

this coin looks like it was polished and painted...

 

I think this guy just needs a coloring book.

 

Because some people like it - just look at HSN and all of that Obama stuff that was sold. Oh well - their coin they can do what they like with it. Sigh.

 

I'm gonna send the seller a message... "You're killin' me, dawg"

 

Each coin that this is done to is another one numismatically destroyed because the coin no longer holds any collector value, well, at least not to real coin collectors. This type of thing not only makes me sick it brings the value of the coin down tremendously. I have never or will never own a coin like that. Its really defacing the true art the coin was meant to have.

 

pt barnum was right?..............

 

It's bad enough when people do this to state quarters and silver eagles. I've seen it on Morganand Peace dollars as well.
This one, however, takes the cake.

 

I think you guys are getting a little twisted about nothing. I really don't think this is a real coin. It is probably a replica. Who describes coins in karats. He states that the coin is 22 karat gold which is 91.6% gold. So unless he is rounding up, he knows it is not real. He also does not show a photo of the reverse but has it available upon request. Also, he is a jeweler and has no other coins for sale.

Even if the coin is real, it still has intrinsic value that can't be destroyed. My personal opinion is that this is not a real coin.

 

Was thinking the same thing.

 

I was going to ask if that was an authentic coins before my computer decided to take a break. Looks like one of those late night TV commercial limited edition replicas but I am no expert. If it is a real coin what a shame and I wish it were illegal.

 

If it's real it's far from destroyed. A good soak in paint remover will get rid of the paint and won't harm the gold.

 

It is a shame. I do believe the coin is genuine.

 

:crying:
Why!!! That is so sad why would they murder that coin?

 

I see US gold coins described as 22K all the time in Europe. That's how they do it over there and if you take 24 and multiply it by .9, you'll get 21.6, which, when rounded to the nearest whole number, is 22K.

Ribbit

 

Yeah, but my point is that nobody I know in numismatics uses that terminology. Since he does, that leads me to believe that he is not very well informed about coins in general and therefore is much less likely to be able to spot a replica. Or he knows it is a fake and is just a crook.

 

Honestly I didn't look that close. If it's the case it makes it even worse.

 

Quarter eagles contain about 1/8th oz of gold. At today's prices, that's a little over $100.

Sale price is $400. A 4:1 beatdown.

Or you can bid for $399 ! Yay !

 

I only said it had intrinsic value if it was real. Never said it would be close to the asking price. Besides, the coin would have to be a problem free certified MS62 to be anywhere near $400. We all know it is not that.