I ran across an interesting item the other day, another 1868 $1 Gold Dollar, and looking closely at it tonight, trying to decide whether or not to bid on it, I noticed it appears to have some problems. Using the pictures below, see if you can spot the problems and in doing so, determine whether or not this is authentic or a counterfeit. Deal-or-No Deal? :hammer: Ribbit :smile
What, besides the heavy polishing, probably with a Polishing Wheel and numerous rim problems on the Reverse should I see? With these alone, I would highly suspect that the coin is a Counterfeit! Frank
I can't say one way or the other whether it is a counterfeit or not from the photos but it is safe to say it is a former jewelry piece (edge damage and heavily polished). It is worth its melt value (assuming it is genuine).
It depends on what you like. This coin is not for serious collectors. Even if it's genuine, it's heavily polished and banged up. A seriously troubled coin. But beauty is in the eye of the beholder. Problem-free G$1s are not expensive. Why waste time with a beatdown ?
Bingo! The reverse of the coin has "gold" peeling off of it, besides the fact the last "A" in "America" is wacko (obverse). Ribbit - Ribbit - Ribbit
So it has been plated? That would explain why the details look so mushy. Or it could be a counterfeit. I would pass on this one for any number of reasons.
I believe it to be a gold plated soft metal counterfeit. On the front is a depression @ 10 o'clock close to the rim and the gold plating is peeling off the reverse (everywhere). No Deal! Ribbit :smile
