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Ok, I spent my whole budget(ish) on one coin that many here wouldn’t buy at all but …
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<p>[QUOTE="XanthenX, post: 7954012, member: 97195"]Beautiful coin, but may I ask where you acquired it from (ie. online auction, private seller, reputable online source like APMEX or Kitco etcetera)</p><p><br /></p><p>The reason I ask is because I recently picked up a few coins (albeit raw, but in ungraded holders) that I sent to PCGS because they were just in gorgeous shape. They had my coins since September 1st and anxiously I awaited the grades to return.</p><p><br /></p><p>On my birthday this month I received notification that my grades and images were ready only to be very dismayed at the realization that I had been sold counterfeits. Counterfeits made of 90% gold and 10% copper, that weighed exactly within mint tolerance and were the appropriate size, thickness and had the proper reeding on the rims. Also they were amongst the commonest of years 1851, 1883 and 1909. The first two were mint state gold dollars Type I & Type III and the last was a $2 & 1/2 dollar Indian Head (or so I thought and how this could have been an error I do not know, foolishly I didn't take images of the coins that I didnt delete except the 1883 Type III, but the last one was a weird one because PCGS corrected my order form and sent me back a 1909 $5 Indian Head!! I'm 32 years old and feel like I have alzheimers or was gaslighted).</p><p><br /></p><p>Anyways my supplier is a reputable coin dealer, the most honest man I know. He is very well educated and professional about his work. He knows how to check for a counterfeit. Still they came back, all three, deemed as such for having been struck with false dies. </p><p><br /></p><p>With the existence and prevalence of counterfeit slabs on the rise, I would suggest that unless you purchased it from a VERY reputable source, to send it in for reholdering. I for one will never purchase without shipping immediately to a third party grading service and I'm glad I did so on my first experience with pre '33 gold because God knows how long I would have carried them around thinking I had something good before I found out otherwise. Might not have ever learned the truth otherwise.[/QUOTE]</p><p><br /></p>
[QUOTE="XanthenX, post: 7954012, member: 97195"]Beautiful coin, but may I ask where you acquired it from (ie. online auction, private seller, reputable online source like APMEX or Kitco etcetera) The reason I ask is because I recently picked up a few coins (albeit raw, but in ungraded holders) that I sent to PCGS because they were just in gorgeous shape. They had my coins since September 1st and anxiously I awaited the grades to return. On my birthday this month I received notification that my grades and images were ready only to be very dismayed at the realization that I had been sold counterfeits. Counterfeits made of 90% gold and 10% copper, that weighed exactly within mint tolerance and were the appropriate size, thickness and had the proper reeding on the rims. Also they were amongst the commonest of years 1851, 1883 and 1909. The first two were mint state gold dollars Type I & Type III and the last was a $2 & 1/2 dollar Indian Head (or so I thought and how this could have been an error I do not know, foolishly I didn't take images of the coins that I didnt delete except the 1883 Type III, but the last one was a weird one because PCGS corrected my order form and sent me back a 1909 $5 Indian Head!! I'm 32 years old and feel like I have alzheimers or was gaslighted). Anyways my supplier is a reputable coin dealer, the most honest man I know. He is very well educated and professional about his work. He knows how to check for a counterfeit. Still they came back, all three, deemed as such for having been struck with false dies. With the existence and prevalence of counterfeit slabs on the rise, I would suggest that unless you purchased it from a VERY reputable source, to send it in for reholdering. I for one will never purchase without shipping immediately to a third party grading service and I'm glad I did so on my first experience with pre '33 gold because God knows how long I would have carried them around thinking I had something good before I found out otherwise. Might not have ever learned the truth otherwise.[/QUOTE]
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Ok, I spent my whole budget(ish) on one coin that many here wouldn’t buy at all but …
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