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<p>[QUOTE="tradernick, post: 129223, member: 648"]In my experience most circ U.S. gold coins are genuine. I'm talking about $2.50, $5, $10 & $20 coins. Yes there's a few bad ones out there and virtually all of them that I've seen are contemporary gold counterfeits, created 100 years ago or more & intended to fool the merchant into accepting it as money, rather than being used to trick modern day collectors. 100% of these coins that I've seen were good gold...just not struck at the mint. The non-gold replicas I've seen I consider as just that...replicas, not true counterfeits. Most of these are marked "copy" or some such.</p><p>Then there is the $3 piece. I've seen lots of fakes of those, and $1 gold coins too.</p><p><br /></p><p>The only good example of modern day counterfeits that I can think of was the infamous bay area counterfeiter a few decades ago that had everyone fooled for a long time, though now I believe his/her material is pretty readily detected by the professional or advanced collector.</p><p><br /></p><p>Generally speaking, if the color is right, and it weighs right and looks right...it's usually right. But with that said if you don't look at a LOT of coins on a regular basis, it's best to buy certified or from a trusted source.</p><p><br /></p><p>Hope this helps,</p><p>Nick Boyd</p><p>tradernick[/QUOTE]</p><p><br /></p>
[QUOTE="tradernick, post: 129223, member: 648"]In my experience most circ U.S. gold coins are genuine. I'm talking about $2.50, $5, $10 & $20 coins. Yes there's a few bad ones out there and virtually all of them that I've seen are contemporary gold counterfeits, created 100 years ago or more & intended to fool the merchant into accepting it as money, rather than being used to trick modern day collectors. 100% of these coins that I've seen were good gold...just not struck at the mint. The non-gold replicas I've seen I consider as just that...replicas, not true counterfeits. Most of these are marked "copy" or some such. Then there is the $3 piece. I've seen lots of fakes of those, and $1 gold coins too. The only good example of modern day counterfeits that I can think of was the infamous bay area counterfeiter a few decades ago that had everyone fooled for a long time, though now I believe his/her material is pretty readily detected by the professional or advanced collector. Generally speaking, if the color is right, and it weighs right and looks right...it's usually right. But with that said if you don't look at a LOT of coins on a regular basis, it's best to buy certified or from a trusted source. Hope this helps, Nick Boyd tradernick[/QUOTE]
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