Gold $10 Coin

Just wondering what you U.S. gold collectors think of the condition and price of this $10G piece.
Price listed at $1,500,000 South Korean Won (approx. $1,292.00 USD)
[And no, I am not advertising this coin, since there is no link, and none of you would probably be able to find it online, anyway]

 

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Yeah we can never find it.............

http://www.ebay.com/sch/i.html?_fro...ad+.TRS0&_nkw=1910+gold+indian+head+&_sacat=0

 

Good one.

But I meant THIS very coin, not every other $10G piece at eBay(!)

 

The fact that the price is quoted in South Korean currency reduces the chance it has ever seen the United States.

 

Well... that's certainly one question, isn't it?

 

The price is too high for sure

 

Too expensive. The coin shown looks to be a nice AU. $700 or so?

 

So where was it struck at ?

 

Denver?

Or China

 

The kids have taken over cointalk and now they are the " Children Of The Corn " . Lol ....

 

LOOKS LIKE AN ORIGINAL AU55 TO ME.
SOMEWHERE AROUND 700 BUCKS.

 

Thanks for your assessment!

 

The obverse color looks pale as in a old cleaning. No more then 715$.For the asking price,another 100$ and you can get yourself a double eagle/

 

The asking price befits a nice MS63-64, but the coin certainly appears to have circulated slightly. This is the most common Branch Mint Indian Eagle, and will not carry any premium related to rarity.

 

The fact that there's a super-imposed image (watermark) across the coin picture would lead me to believe that they are using that picture to advertise multiples - and coming from Asia overseas I would expect a fake that is similar looking.

It has trouble written all over it (literally). Caveat Emptor!

Right now the first one I find on Ebay is an MS61 in an NGC slab for $899.00

http://www.ebay.com/itm/Beautiful-1...121472?hash=item1ea704b140:g:yGMAAOSwYHxWO5~7

 

Thanks for your thoughts.

This coin is actually being sold as a single coin by a Seoul-based B&M/online retailer that only sells to local, Korean customers: The retailer's entire site is exclusively in the Korean language, and he makes zero effort to sell outside of Korea. In fact, you cannot purchase from this retailer other than by using cash or card in person at his B&M store, or via internet, and in that case he only accepts funds drawn from Korea-based bank accounts.

So offering this coin for sale online is not an effort to rip off anybody outside of Korea, if that's what people may think. For sure, Koreans have been known to fake things in the past (I remember getting cheap, Korean-made "Nike-alike" shoes in the early 80s --South Korea was only a signatory to international copyright law in 1986, and even then it took them a while to get used to that idea!), but they don't really seem to be very interested in producing numismatic forgeries; and coin collectors/retailers in Korea are very sensitive to Chinese forgeries, from what I can gather.

Also, this retailer uses this watermark on all of the "better" photos of his online merchandise.

 

Ok, well it sounds like you've done your homework on him. Again, that coin should go for about $700 or so, a bit more in a holder depending on grade.

Good luck!

 

I don't like the counterstamp ....

 

Wow. Thanks for that assessment. I wonder if there's another person here who would think so? This is the first serious assessment of this coin as a fake.