Someone sent me a text an asked if i would give him a price for a 1882 zs js mexican 8r coin. Coin looks almost to good . I have not seen it in person only on a text pic. Can someone tell me what to look at to tell if it a fake. Thanks for your help
I buy alot of coins. I've got wanted ads on craigslist.This coin i have never come across before.I'm by know means a pro at this. But i do buy around 100 to 200 oz a week in silver. That said does anyone know if this one is a fake or can tell me how to tell a fake from the real one? An how much it is worth i think if its silver it should be worth around $10 for just the silver.
:thumb: Well, I happen to have an specimen of the same coin. Here is mine for comparison. If yours weighs out and the diameter is correct, I would go forward.
If you buy it for $10 the seller is obviously no friend of yours. If genuine and you melted it down, it's worth around $25 in silver alone at current silver prices.
Bob, I mean absolutely no disrespect, but if I could afford to buy 100-200 ounces of silver a week, I would become the ultimate expert.
I work my ass off by working 80 hours a week or more. Buying silver coins is just a hobby of mine. That said i only have time to buy during the winter months. Sense i buy so much i just have know time to learn about all coins but do know a good bit about US coins. I've never sold any coins so the value above melt i'm not to good with. I would never just melt a coin if anyone would do that then they are not a true coin collector. I know i will here from someone about that but that is what i believe.
You may be right. I may have to eat my words. Because i,m working on a deal now that i will have to sell an i,m sure some will go to melt. But i still do not like it.
I am also 99% sure this coin is not authentic as well. Once again the design elements are off. The lettering is not correct & it has a very "mushy" appearance.