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<p>[QUOTE="Owle, post: 1404493, member: 22004"]A fellow walked into a high-end coin shop recently with a $10 early gold coin, a 1799 $10. </p><p><br /></p><p>Process was as follows: Clerk examines the coin, says it is the large stars obverse variety. It has "problems" which causes the clerk to say it was probably in jewelry. The customer says that it was in the family for years, passed down by the grandfather. Finally the clerk brings it back from an examination by the expert who says it was not genuine, and they would pay behind spot for it. I did not have a chance to look at the coin, most stores get upset if another customer says something about an ongoing transaction.</p><p><br /></p><p>Are counterfeits of gold coins like this fairly common? 50 or more years ago decent examples of early gold coins were not worth huge premiums, so the incentive to counterfeit was minimal.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1404493, member: 22004"]A fellow walked into a high-end coin shop recently with a $10 early gold coin, a 1799 $10. Process was as follows: Clerk examines the coin, says it is the large stars obverse variety. It has "problems" which causes the clerk to say it was probably in jewelry. The customer says that it was in the family for years, passed down by the grandfather. Finally the clerk brings it back from an examination by the expert who says it was not genuine, and they would pay behind spot for it. I did not have a chance to look at the coin, most stores get upset if another customer says something about an ongoing transaction. Are counterfeits of gold coins like this fairly common? 50 or more years ago decent examples of early gold coins were not worth huge premiums, so the incentive to counterfeit was minimal.[/QUOTE]
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