Asking imput on bullion. See any fakery?

Cruising an auction site and found a 2010 $50 gold bullion that is currently 1/2 of spot. Auction pics and a 400 mile drive to hold/view.

 

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Re-posting as full size.

 

Half of spot price? Whoa. I don't think anyone could make profits that low if this stuff was real.

 

I'm guessing the auction hasn't closed yet.

 

True! Two days to go. I'm watching till it gets within the last 1/2 hour. Same auction has "Fine .999 German Silver 1oz" pieces that are at $30+. Don't think they know that German silver is 60%copper, 20%nickel & 20% zinc... no silver.....

 

Here is one major difference; it it's a year-to-year die variety, then we're OK. I checked this detail by viewing several PCGS-graded eagles.

On the OP's obverse, the 4th "ray" from the left edge does not touch the Capitol dome; on the PCGS coins, and the Redbook coin, it does.

 

The fake bullion that I have seen has been very convincing. I can't tell if yours is fake or not.

 

No comment on the 4th ray?

 

I'm not familiar enough with them to comment. One is business strike, one is proof. One is a stock photo, one is an actual photo. One is one year, the other is another. Any of these differences could be enough to cause an apparent different between the two.

 

400 miles to hold and view? You'll get hit over the head and they'll steal your money, and quite possibly, your life.

 

I'll look for a 2010 BU business strike.



Another difference - on the OP's coin, the torch appears to touch both adjacent stars. On the image above, there's a gap between the torch and the star to its right. And another, on the coin above, the end of the top of the 2 in the date falls directly in the center of a ray; on the OP's coin, it falls below.

 

Found a pic online to compare to. Graded (at least has a PCGS type label) and closer to the first set of pics I posted than Doug's. Doug, look at the "2" again. Note the straightened head of the two as compared to the "graded" sample here. Meet point of 4th ray & capital seem to be very close here too. http://www.greatcollections.com/Coi...le-PCGS-MS-70-Struck-at-West-Point-Mint-Label

 

Think I'll take my scale, calipers & loop for a visit....

 

Interpret any way you like, I simply wrote down what I saw.

 

C'mon, don't you know that's the rare pattern they made 80 years prior to production (and ten years before the obverse debuted)?! Some numismatist you are!!

In all seriousness though, @ricnick do be careful about visiting the coin in person.

 

ever wonder why eBay's rule state no German silver or nickel silver allowed ... then they have the same up for bid ?

 

I have reported to eBay time after time about Chinese sellers offering 2000 and 2013 American silver eagles BU counterfeits .. I even called them to report these sellers , their response .. we will look in to it .. I even called the US Secret Service to report these counterfeiters ,, they said , they are only interested in currency , not hobby collectors

 

Save your time, money, and gas. This is not a rare coin, it won't sell for under spot at auction (if real), and that's before the buyer's fee. An 800 mile (13 hour) round trip to see it is pretty expensive compared to what the coin is worth. Buy these from reputable sellers with a few mouse clicks in seconds.

 

I would stay home and buy only from legit sellers this stuff's probably Charles Chink's attempt at a joke on us/you.....