PCGS Certifies 1776 Continental Dollar... Bought for 50 Cents

This one's for sure a great find. But The Cherry Pick of the century was Sumorada's 3 Million dollar flip of zero cost coins back in 2007.

 

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Is this it?

https://www.cointalk.com/threads/a-true-story-of-good-fortune-it-can-happen-to-you.27194/

 

Yup, that's it. Sadly, Eric passed on years ago.

 

Refresh my memory, but didn't we have a posting a few years back where someone (I think in England) found a 1793 cent in a coffee can in a garden shed?

 

Grea

Great point. I ponder

 

Yeah me. I put it in my penny loafer. That reminds me.

 

Why can't one of us find a 1804 dollar. Hoping. I found a
1961 proof. Come on members. Go to grannys house and rifle thru her basment

 

You made my day @Kentucky. The golden grail is out there.

 

Wow one of the most copied coins out there and someone found a real one in a junk box

 

The 54-S $5 gold that everyone told them was fake and turned out to be real too. I guess that might actually be a better pick but I don't know what they paid for it and it's hard to go against 50 cents turning into almost 100k

 

Amazing cherry-picks can still be made in Europe with U.S coins, and coins from other areas. It is probably less now than when I started in the early 80's, but still some very good finds can be made.
In fact, I have found at least half of the coins in my U.S collection at EU-auctions, but also Ebay and specially, local coin shows, flea markets and antique shops.

I have never made a find as amazing as the Continental medal recently found in Paris. However, I did find a rare and historical U.S colonial (a 1766 William Pitt Farthing, only 24 known) in the UK about one year ago, and paid about $260 for an item which is conservatively worth about $15K-20K based on auction prices realised.
Many of my scarcer U.S coppers have also been found that way in Europe. Going back about 25 years, I remember paying about $120 bucks for a 15-20 U.S coin lot which contained an rarity-6+ Capped Bust Dime, 2 very nice draped bust cents, as well as a rarity-7 1837 Feuchtwanger cent.

 

If that coin had been posted here asking for value, how many of these experts would have screamed "FAKE!!!"? Maybe it has been.

 

Cool find. This makes me think of the folks that found a 1913 Liberty nickel and were told it was fake. Years later they found out it was real.

 

Someone posted a 1943 copper cent that was really promising, and several members here believe the coin just HAD to be fake. They gave no reason except probably. Things got heated, the thread was deleted, and the owner has not returned since. Some of the naysayers have posted above.

Super frustrating...

 

That one looked better than any copy I’ve seen. I will say of course I’d be skeptical and wonder if it was a new struck counterfeit though as it’s such a rare coin and so often copied

 

The fact is, the number of fakes vastly outnumber the genuine pieces for this issue. I'd like to think that, with good pictures, at least a few of us would admit the possibility it was real.

 

I would like to think that myself. I would also like to think that if someone were to blurt the claim, they would have the knowledge and decency to explain their diagnosis whether right or wrong. Unfortunately both almost never happen.

 

You get a lot of people on here who prognosticate with insufficient experience.

I suppose my immediate reaction to a post of that sort would be to ask the weight and dimensions, to get a first level of data.

But, a genuine Continental Currency medal does have a fairly unique appearance, and I've seen very few fakes that look good enough to make me ask for that. The *vast* majority, as I said, are instantly recognizeable as fakes.

 

Or those who say "if it was real why isn't it on a major TPG slab?" As if every rare coin magically grew a plastic holder around it as soon and the TPG's began.

And this is the second Continental Currency dollar to show up from a flea market find in the past few years. The other one was grade as a MS-64.

 

That's more for things that are being sold by someone that should know what they are doing or appear to know, not for finds from random places