is the copper pail worth more than the coin that was in it?

Discussion in 'US Coins Forum' started by freedom liberty Spirit, Apr 22, 2015.

  1. Hommer

    Hommer Curator of Semi Precious Coinage

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  3. thank you for the Enlightenment. I will apologize for being rude to you Tom you were quite polite to me and very direct. I needed some direction on the information,whether the coin is real or not it was exciting to find it.and I do appreciate all your time you've all put in to me thank you very much F.L. Spirit
     
  4. davidh

    davidh soloist gnomic

    Two things point to its being a modern replica - it has the appearance of being cast rather than stamped, and simply having been found in the bottom of an old bucket of auto parts makes its originality suspect. Here - http://www.pcgs.com/photograde/#/ContinentalDollar/Grades - are pictures of several in different states of wear. You can compare yours to these. You'll see that the lettering looks different, the date position is off and the field on yours is bumpy rather than smooth, a sign of a casting. But when you get right down to it, pictures aren't the best way to determine authenticity; a trip to a coin dealer might be the best way to go.
     
  5. Thanks, it was submerged in the grease,my wife is still mad about the shirt I used to wipe it off. and it does look different than the ones in those pictures thank you for the information
     
  6. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Genuine examples, as a type, are very scarce, but there is quite a bit of information available online, including on the different varieties, if you wish to search it out. A basic introduction can be found through coins.nd.edu

    With that said, you need to understand that for every genuine example known there are countless reproductions/knock-offs, many of which display traits similar to yours, and for this reason alone you're not likely to find a hopeful audience among an already skeptical group such as is here. I certainly cannot blame you for not wanting to take some unknown's word for it, so really you've two main options: submit for authentication or invest some of your time into research. Good luck to you, sir.
     
  7. thank you for your response,I'm in rural Oklahoma, is there some place that I could send it to have them make the judgement? or from appearances of the picture do you think I'd be wasting my time? thank you
     
  8. Ed23

    Ed23 Active Member

    Sorry, Tom B, but your answers were short, curt and ones that cut him off at the knees. He is NOT a collector. He wants to learn something about a coin he found, which is one of the reasons a lot of people become interested in coin collecting. He wants to know where he can learn more about the continental currency coin, regardless if it's fake or not, so take a moment and talk to him like you would any customer of your coin shop who was interested in what you have.

    There was a Continental Dollar coin, about the size of a Spanish milled dollar, that looked much like yours. If you want to read about it you can find info at: http://www.coins.nd.edu/ColCoin/ColCoinText/CC-Dollar.1.html I never dismiss things as easily as others and suggest you take it to a local coin dealer to examine in hand. A story that appeared in Coin World about a year ago told of a man who carried a Continental Dollar coin in his wallet for 40 years as a "lucky piece" before showed it to a coin dealer who had the good sense to tell him to send it to a grading company to check. He had bought it a yard sale for $2 and thought it worthless since it was pewter and not silver. Turned out it was authenticated, graded at XF40, and he sold it for $119,000. Now I'm not suggesting your coin is the same, but the above article gives dimensions and weight of a genuine coin, which is the first step one takes to verify a coin is real or not. If it passes that test then have someone who knows more about coins than you do examine it, they can explain to you why they believe it is fake, or not, by pointing out details that indicate why they say what the do about it.

    But even as a copy it still has value as I watched a coin, I was sure was a fake, sell for over $200 on eBay about a week ago. I don't know anyone who can't use a little extra ... but I would be careful selling a fake coin as there are laws against it. So even if it is a fake it can always be donated to a local school to use as a history lesson aide, and you can always write off the value seen on eBay as a tax deduction ... be sure to get a receipt, and a copy of the coin listing on eBay to support your valuation in case you get audited; THIS is the legal way to gain value for a fake coin.
     
    Hommer and Paddy54 like this.
  9. Tom B

    Tom B TomB Everywhere Else

    How you read it and how I wrote it appear to be two different things. Take care.
     
  10. Ed23

    Ed23 Active Member

    No hard feelings or harsh words were intended, Tom B. I just thought he kept asking the same question over and over and no one was telling him where to find more info ... just that the coin was a fake as if we didn't want to be bothered by questions that weren't worth our time to respond to. Take care.
     
  11. swamp yankee

    swamp yankee Well-Known Member

    I lived on the Boston north shore most of my life and saw a LOT of these reproductions "around town" at various shops/tourist attractions/ect. and my opinion is it's a reproduction. Welcome to the forum and keep your eyes open,you just may find a real one someday!......
     
  12. thanks for the information, and taking the time to give me a brief explanation it is appreciated. FL spirit
     
  13. swamp yankee

    swamp yankee Well-Known Member

    You're welcome. My "expertise" comes from being immersed in the colonial area and visiting the Old North Church/Paul Revere House and a bunch of others. Wish I started collecting/metal detecting more seriously back in my youth but didn't.Oh well am up in the Astoria Or. area now hoping to find some nice old stuff the others missed 30yr ago. If you're in Fla. area you can find Spanish Treasure on the beaches after hurricanes so good luck and HH......
     
  14. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    One option would be to send to a Third Party Grading Service (TPG) such as PCGS or NGC, but between shipping and their fees, it would also be the most costly option as well. As for if I believe it worthwhile to have the "coin" examined, I do not unfortunately. Now I am certainly no expert on the real deal, but have seen more knock-offs over the years than I care to remember. Your situation is not unique, and in my experience it's fairly common to come across one of said knock-offs without realizing how truly common they are, so going mostly off of my familiarity with so-called replicas added to what I've learned over the years about the originals, it is my most humble and respectful opinion that yours is not genuine. I do not say this with absolute certainty, but fairly close to it. It is hard to explain, but your "coin" displays a crudeness common to the aforementioned pieces produced for novelty purposes.
     
  15. thank you for the information and your opinion,it does look different then all the pictures that I've seen online now,so I guess I've came to a conclusion that my pale may be worth more than the coin.I sincerely thank everyone for the input and the information that they turned me on to, information is wealth. F.L.Spirit
     
  16. cpm9ball

    cpm9ball CANNOT RE-MEMBER

  17. Treashunt

    Treashunt The Other Frank


    no you don't --

    it is fake

    I just wish the finger nail was fake
     
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  19. preciate Thanks information,and sympathy for the fingernail . I heard before Paul took his ride he was a coppersmith!?! hehe
    dreaming is nice till you wake up from hitting your thumb with an axe, 10-4 & Thanks F. L. Spirit
     
  20. Maxfli

    Maxfli Well-Known Member

    Statistical probabilities alone suggest it's a replica, but I agree one should not be too quick to dismiss it. Hey, valuable coins have turned up in stranger places than the bottom of a bucket of bolts. :D

    Weight and dimension info is readily available online. Should the coin check out, then take it to a coin show where you can walk it around to several dealers for evaluation. Markets like OKC and Tulsa typically host shows at least quarterly, or Dallas, Little Rock, Wichita, depending on what part of OK you live in. A google search should give you show dates and locations.

    All it will cost you is a little gas money and time to get some professional opinions.
     
  21. thanks for the information, I also found my cover picture coin or token in pale with this coin,I'll put them both in a safe place and anytime I get a chance I'll check out a show and take them with me just to see, but I believe that "Tom B" is probably right along with all the other people that help me make a decision,they sent me to some good links that had some good pictures, and plenty of information,thank you F.L. Spirit
     
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