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<p>[QUOTE=&quot;GoldCoinLover, post: 730704, member: 4336&quot;]When I was a little kid colllecting coins (7 or so), I went into a coin shop. This was about the time I bought my first gold coin (a 1/4 quarter eagle) with all my birthday money saved up. I&#039;ve always been paranoid obessing over certain things my whole life. I used to collect beanie babies and had to have every one of them, had I know it was a fad and they would be worthless I would not have done it. When I began buying them I bought &quot;The idiots guide to beanie babies&quot;, and found out there were &#039;counterfeit&#039; beanie babies from china. I was worried that every beanie baby I bought was fake., fake tags, etc.</p><p><br /></p><p>regarding the coin shop, I went into the coin shop. My dad told me there&#039;s no such thing as fake coins, as I was reading about it when I was around 8. I asked the dealer there about it, and he said &quot;Oh, you bet there&#039;s fake coins. I have a whole bunch of fake ones in the back of my shop.&quot;</p><p><br /></p><p>From that point on I began to obess and worry about every coin I bought. So I decided to at least get better knowledgeable in the subject. I took a class at the phoenix show for just the class, I got several books on the subject. I got print outs from other people here (Thanks to Hobo for the gold angel print out). Despite my growing knowledge, I still worried about fakes. I knew that buying gold, especially raw gold I had to be very careful about fakes. The post-1840 gold is paticularly bad, about every date and mintmark has been faked. You could even build a whole album full of counterfeit early 20th century gold. Despite knowing a bit on counterfeits, I still am not comfortable with the subject. I simply have not seen enough genuine coins to know exactly what they look like -- in other words, I know what to look for, but I can&#039;t tell if a coin is genuine at a glance.. that only comes with experience.</p><p><br /></p><p>I&#039;m hoping to expand my knowledge in other ares, paticularly errors buying and selling on ebay from a mentor of mine.</p><p><br /></p><p>PS: I still only buy slabbed gold, especially US gold. Even though I can probably spot some of them, there are very, very deceptive ones out there.[/QUOTE]</p><p><br /></p>

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