This was in my great grandpas things!!! Could it be real?

front by Eliza2725 posted Jan 30, 2016 at 11:28 PM

back by Eliza2725 posted Jan 30, 2016 at 11:28 PM

 

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I'm not a big seated guy but I don't see anything that screams fake right off the bat. Let's wait for others who know the seated design well though

 

The mintmark (the "S" right below the eagle) and the 8 in "1870" look weird to me. I'm leaning toward it being fake unfortunately.

 

I don't think it's real. If it were it would be worth more than $500,000.

 

Wow, I guess I should have looked up the date/mm first. At first glance, from a static photo, it looks darn good to a non seated collector. Yikes!

 

Hi Eliza and welcome to the fun here.
To be honest, I had to go look it up. The numbers in the date are wrong and so is the mint mark. The pitting on the obverse looks like maybe it was cast. The wear on the obverse is much different than the reverse. Is it possible you mixed up the images with a different coin? Sorry I didn't have good news.

 

'fraid it's probably a copy/counterfeit there are only an estimated 12 minted. It'd be cool if it was real.

 

For reference here is a genuine example from PCGS coin facts. You can see the mint mark is not the correct size or in the correct location.

 

Well, @phankins11 , I guess that picture pretty much seals the conclusion.

To the OP - welcome to CoinTalk, and it is too bad that your coin turned out to be a copy.

 

I'm remiss in not realizing @Eliza2725 was a new member. Welcome to CT. Would love to see more coins from the collection if there are more.

 

Unfortunately it is clearly a copy. But, welcome to the Cointalk forums we look forward to your posts and contributions!

 

Cast copy unfortunately.

 

The jury is already in, but the coin looks mushy too.

 

I must say out of all the fakes, copies, facsimiles i've seen this one is one of the better ones had me fooled. Then again I do not have much experience with the seated design for anything over 50 C to $1. I was really hoping someone found something CNN worthy

 

I'm going to put on my cynical hat here.

OP is 32. Assuming 25 years per generation and an 84 year old life expectancy, her great-grandfather would have died in 1997. This looks like a typical Chinese fake from 10 years ago. The whole "grandfather's stuff" bit is essentially a tired eBay meme used to try and pass off fakes as legit, or junk as being valuable, throwing up a red flag whenever I see it. It's lasted so long where now a generation needs to be added to it in order to lend an air of legitimacy or mystique about stuff being old.

Makes me wonder if we're being trolled.

 

Considering they've not replied or posted AT ALL since this one post, my guess is that your guess is correct...Troll

 

Anything that Rare wouldn't buy without cert. and not from outside the U.S market. Off topic but my dad bought a whole bunch of the fake trade dollars thinking they were real when china first started making the fakes en mass. Well after he passed a former friend, and I mean this guy was a JERK, broke in a stole the fakes thinking they were real. The guy sold them to a local pawn shop when they foud out that they were taken they actually got counterfeiting charges to stick!! ROFL Karma is a bummer bro. After the guy got out after the guy got caught red-handed stealing from a local judges house and is now on year 6 of a 15 year sentance.

 

Hmm, good point