Discussion in 'Bullion Investing' started by some-willie.willieWANT, Feb 1, 2020.
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I have no experience with gold fractionals, enlighten me on them? How can we make sure it's genuine? I shelled out quite a few bucks..
Since you may not trust my eyes, and I can't blame you for that, you should check the gold content of the coin.
To check, first I'd weigh it on an accurate scale, and compare the weight against the specifications for the coin.
If the weight is within tolerance, I'd probably file it lightly in an inconspicuous location to make sure it is not gold-plated tungsten.
If it is gold, I still don't think it's real, but you should then take it to a coin dealer familiar with the China Pandas for an in-hand examination.
I don't have a great deal of faith in those machines, but I'm guessing they'd catch most non-gold fakes of coins like the OP's.
Are there reports of tungsten-cored fakes for coins this small? Since you can't strike a design into tungsten (it'll flatten your dies), you've got to wrap a tungsten core with enough gold to take the design's relief. That only makes economic sense for bars or the larger coins. At least, that was my understanding...?
they can detect metal content, not whether or not it's counterfeit though
Lol, no, no, no, I would never pay that much, just over 100 after taxes.
Ugly or not, it's my first and I'm young, dumb and broke. Lol
The prices written on flips don't usually reflect what they last sell for. There's many coins on ebay in 2x2's with writing that may have been from years ago at a coin shop, then the coins end up in several other people's hands.
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