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<p>[QUOTE="Troodon, post: 1919684, member: 4626"]Oh it probably did actually happen, but more is made of it today than it was then, quite likely. The "cents" was added pretty quickly so the problem wasn't given much time to spread. Perhaps "legend" is a more appropriate term than "myth" because while it certainly actually happened, the scope of the problem has been exaggerated greatly over the years. You'd think more of them were gold-plated than weren't by the weight people give to it now lol...</p><p><br /></p><p>That aside, keep in mind that the gold-plating would have to be pretty cheap in order to make a fraudulent profit at the time... you'd need to use less than $4.95 worth of gold to make the scam worth it. The gold-plating would thus have to be very thin and crude. By now, that much gold would have flaked off and would not be even, especially if the rest of the coin is worn. So good rule of thumb: if the gold-plating looks good, it's probably fake (not contemporary). People didn't do this kind of thing to then not spend it and keep it in a box for 130 years. Quite a lot of the contemporary plated ones were probably destroyed, so it's likely few, if any, survived to the present, and if they did, the crudity of the plating would be quite obvious. If it is real, likely the gold would be very thin and flaky, and probably mostly gone. If it's even and uniform, and the whole coin is covered in it even though there's significant wear, you can be pretty sure the plating wasn't done in 1883. (How much value a "genuine fake" has is debatable since it's still an altered coin, but if you care about how authentic the faking is, this is a general guideline for figuring it out. I'm still not sure why a coin collector would want such a thing, and if it's for the novelty of it, why the authenticity of the novelty matters, but maybe that's just me; it's your money, collect what you want, just try not to get ripped off buying something that isn't what the seller purports it to be.)</p><p><br /></p><p>Again the real irony is more "no cents" nickels are probably being gold plated now than ever were then lol...[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1919684, member: 4626"]Oh it probably did actually happen, but more is made of it today than it was then, quite likely. The "cents" was added pretty quickly so the problem wasn't given much time to spread. Perhaps "legend" is a more appropriate term than "myth" because while it certainly actually happened, the scope of the problem has been exaggerated greatly over the years. You'd think more of them were gold-plated than weren't by the weight people give to it now lol... That aside, keep in mind that the gold-plating would have to be pretty cheap in order to make a fraudulent profit at the time... you'd need to use less than $4.95 worth of gold to make the scam worth it. The gold-plating would thus have to be very thin and crude. By now, that much gold would have flaked off and would not be even, especially if the rest of the coin is worn. So good rule of thumb: if the gold-plating looks good, it's probably fake (not contemporary). People didn't do this kind of thing to then not spend it and keep it in a box for 130 years. Quite a lot of the contemporary plated ones were probably destroyed, so it's likely few, if any, survived to the present, and if they did, the crudity of the plating would be quite obvious. If it is real, likely the gold would be very thin and flaky, and probably mostly gone. If it's even and uniform, and the whole coin is covered in it even though there's significant wear, you can be pretty sure the plating wasn't done in 1883. (How much value a "genuine fake" has is debatable since it's still an altered coin, but if you care about how authentic the faking is, this is a general guideline for figuring it out. I'm still not sure why a coin collector would want such a thing, and if it's for the novelty of it, why the authenticity of the novelty matters, but maybe that's just me; it's your money, collect what you want, just try not to get ripped off buying something that isn't what the seller purports it to be.) Again the real irony is more "no cents" nickels are probably being gold plated now than ever were then lol...[/QUOTE]
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