Last week I bought a 1910 S Double Eagle from my local coin dealer, or more precisely: from his assistant, as The Man Himself (TMH) was on vacation. Tuesday this week the assistant asked me to bring it back friday, when TMH returns, because he has suspicions about it`s authencity, and wants his boss to examine it. I'll get a refund if it's fake, so I won't lose money. Still I`m a bit anxious. Have you bought expensive coin which turned out to be fakes?
A German gold coin from a dealer in Hamburg, Germany several years ago. I blame myself for not knowing better. The dealer thought "hey, foreigner, now I will get rid of this piece of sheise."
I have forgotten, it was something like 150DM or something. I still have it, it is worth the gold in it. It is gold, just not authentic.
Yes, but I bought them knowing (and because) they were fake. I wonder why the dealer's assistant had misgivings after the sale. What new info would he have after the sale - without the coin to look at - that would make him think the coin is fake? I suspect the owner either 1) suspected the coin was fake but did not convey that to his assistant or 2) thinks his assistant sold a genuine coin for less than he should have. Either way something fishy is going on. Edit - By the way, Bill Fivaz does not list any counterfeits for 1910-S Saints in his book (United States Gold Counterfeit Detection Guide). That does NOT mean no fake 1910-S Saints exist.
A bit strange yes, but it doesn´t really matter now. The boss examined it, and the coin is authentic :hail:
As with error coins there is a growing hobby of collecting fakes, counterfeits, etc. If you go to any coin shows lately you may well see such coins going for some really high prices. The better the fake, the higher the price. I've seen some fakes selling for more than the originals. I actually bought one, almost fake, Standing Libety half dollar for one dollar. It was so badly made I just had to buy the thing. It was made of Lead and only on one side. Not even a good date either. So you may well want to find out the actual value of any fakes since some, if made really good, could be very expensive.
