Hello everyone, I haven't posted here in awhile (I thought I was banned here. I guess not) I've learned alot lately, I'm now trying to sell coins for profit instead of just collect them. I have a good friend w ho specializes in error coins. I have a doubled die obverse accented hair kennedy up for sale right now, and I have a bunch of repunched mint mark cents that I wil lbe putting up on ebay. I didn't post this coin here yet, so Ithought I'd share it. It used to be in a PCGS holder, and graded by PCGS as MS63. I was really stupid and cracked it out and sent it to NGC. At NGC it got a MS64 (Woohoo), so I might've made a little money there. I really have been worried it was counterfeit lately, I worry about it alot and it annoys some people and I'm sorry for that, I wish I could just not worry about it being counterfeit. PCGS and NGC are the 2 top grading services and I really don't think they would grade a counterfeit, right? Plus, I've had the coin certified by PCGS *and* NGC so the likelihood is probably much less. The main reason I'm worried about the saint is the luster. It doesn't have much luster, look for yourself. And according to my PCGS guide to counterfeit detection book, the 1908 no motto should have blazing luster, yet it doesn't. I emailed a coin expert at heritage about this and he said that it's not uncommon to find 1908's with not much luster. I guess I'll have to trust him for now. I also had a AU58 in an ANACS holder, it's an indian head. I cracked that one out too and sent it to PCGS and it got an AU58! So I potenially made money on that one too. But I'm not worried that it's counterfeit. Tell me what you think of these great coins! In the PCGS holder: The $5 indian:
Well I dont know much about slabed coins but I will say that I like them both :smile If forced to pick between the 2 I would have to go for the Indian Head I prefer the design on that one :smile Thanks for sharing them. As for them grading a counterfit coin why on earth would they wish to jepordise there reputation!! If such a thing ever got out then they would loose a great deal of money. De Orc :kewl:
Probably a good example of "buy the coin, not the slab". I don't care whatever the slabs say. As long as you know what is better, that is all is what matters. Some ridicious experiment done on a morgan dollar was sent off 10 times to the same company and it was graded from MS63-66 and it's not from MS66 to MS63 but instead down and up and down etc. Now you call that VERY reliable. (was NGC or PCGS I believe, not other third party slabbing companies) Luster detection makes zero sense. If you can compare UNCs of the same coins, it can be possible that you have different states of lustre as you have various factors such as 1) different alloy mixture or improper mixture 2) state of die 3) pressure of the die striking coin If it weights right and has all the right details, there wouldn't be any other reasons that it's a counterfeit, unless it's some mad counterfeit. Because NGC and PCGS are American companies, they have better detection rates for Americian coins. Unfortunately the same cannot be said for foreign coins and lately many high quality Russian counterfeits are being slabbed at the moment. Chances are, if these slabbing companes can't even detect that you've got a counterfeit if it happen to be, they might as well call it a quit.
Could always start with quarter eagles, they're not too costly. Just got a 1929 Indian quarter eagle with this year's tax refund money. (Besides the denomination and the smaller size, the Indian quarter eagles look exactly the same as the Indian half eagles.)
Ah I see. Since different coins have different state of die, different alloy mixture or improper mixture, and pressures of the die striking the coin, different luster results? So indeed, the coin is probably not a counterfeit right? Thank you for explaining the luster.
GoldCoinLover, I see nothing to make me think that either of your coins is a counterfeit. Both look pretty nice to me! I would say that for two coins that technically have the same grade, but the luster varies, the main difference is probably the state the dies were in when the coins were struck. A worn die will most likely produce less luster on a coin than a brand new polished die will. Also, look at your picture of your 1908 Double Eagle Reverse in the NGC holder... sure looks like it's got plenty of bling to me! The type of light you're looking at your coins under could also make a big difference. Try a 100W plain light bulb.
