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New raw gold from the Ebay minefield, will it grade mint state?
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<p>[QUOTE="GoldCoinLover, post: 774620, member: 4336"]Often times numismatic gold pieces were made in middle eastern areas in the 1960's and contain the proper alloy of gold and meet mint specifications (They would sometimes melt several $20 gold pieces down, geniune ones, to make more numismatic valued coins (compared to their intrinsic value) such as gold dollars.</p><p><br /></p><p>Buying a gold coin raw from ebay, especially pre 33 is like playing russian roulette, its really a gamble. Having said that the coin does appear geniune however there are also some very deceptive counterfeits around. I would send it into NGC or PCGS for authentication.</p><p><br /></p><p>I would also recommend only to buy raw gold from a reputable dealer sight-seen, that way you can examine the coin yourself. I've bought raw gold from reputable dealers before (sight seen) and turned out OK.</p><p><br /></p><p>Hope this helps</p><p>Kevin[/QUOTE]</p><p><br /></p>
[QUOTE="GoldCoinLover, post: 774620, member: 4336"]Often times numismatic gold pieces were made in middle eastern areas in the 1960's and contain the proper alloy of gold and meet mint specifications (They would sometimes melt several $20 gold pieces down, geniune ones, to make more numismatic valued coins (compared to their intrinsic value) such as gold dollars. Buying a gold coin raw from ebay, especially pre 33 is like playing russian roulette, its really a gamble. Having said that the coin does appear geniune however there are also some very deceptive counterfeits around. I would send it into NGC or PCGS for authentication. I would also recommend only to buy raw gold from a reputable dealer sight-seen, that way you can examine the coin yourself. I've bought raw gold from reputable dealers before (sight seen) and turned out OK. Hope this helps Kevin[/QUOTE]
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New raw gold from the Ebay minefield, will it grade mint state?
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