Check out this "proof-like" "valuable" 1907 "$10 gold coin": Valuable 1907 $10 gold coin I can't quite tell what's stamped on the back, but there's definitely something there. But it's not stopping at least three people from bidding the "coin" up over $800. Reported, but I doubt it'll do much good...
From those pics? I'd never venture in to this auction. Don't know enough about these coins but something about that one ain't lookin' right, at least to me, and momma didn't raise no fool.....
From his feedback, he has sold many coins at the buyers' satisfaction. If that means that the 1907 is genuine, albeit highly polished, then the buyer got it for less than melt value. My opinion? Certainly not a collectible coin, but worth the price for junk value.
And you're right Dave. No collector would touch this auction but what about the folks that are out there scrambling to pick up precious metals because the sky is falling. Most of these folks ain't got a clue as to what's real or not. They're just going on blind faith. It may be legit and polished or it could be a candy (chocolate) coin like 5dollarEdunote mentioned. Either way, folks unenlightened is ripe for the pickin's.........
It's got something stamped into the field on the reverse. It doesn't look like even a legitimate polished coin to me. And melt value is actually under $900, even if it were genuine gold, which I seriously doubt. But, it's not my coin, either to sell or to buy. I hope the buyer knows enough to authenticate it.
Yikes. 1. I would never bid on an item like that from a seller in CA knowing that it is such an easy access point for the counterfeiters to get their goods through to 2. That thing just reeks fake to me, and I am no expert at all 3. Why would you bid on something with such improper grammar used in the listed...I don't want to say anymore for fear of being called ignorant, but if you read the listing I think you can catch my drift...
No returns accepted. The whole listing written in pigdin "Engrish". The seller has been inactive for over 90 days. Yet it's got 15 bids and nobody has asked what it is that is stamped on the reverse? Nope, wouldn't touch that one with a barge pole.
I know next to nothing about genuine US gold coins, but I can tell this one is fake just by looking at the photo! And the Engrish just screams Chinese fake.
It's a fake. It's got an S mint mark and there was only 210,500 of them made. You would think you might mention the rarity of it in the auction? Not likely that somebody just accidentally has one of these laying around. The S is too big compared to a real one. Somebody positioned it right but it's too big. There's lack of detail in the eagle. I'd say this isn't gold at all and it is a Chinese fake with that look to it and that stamp in it. Ebay's going to wish they would have taken somebody's advice because they're going to eat the cost of this. Assuming the buyer has an IQ over 10. The seller could just be looking for enough to get a plane ticket out of the country.
Now that I have veiwed it 12 times in 2 days, I think it might be a Chocolate coin, also. Expensive sweet tooth ?
Here's my take on buying a coin on eBay with a bad picture - you can always review it after the coin arrives. If it's fake, that's the time to report it to eBay and get your money back. When any coin arrives at my house (from a mail order dealer or off the bay) I do a weight and conductivity test on it ASAP (or send it off to be slabbed). If it's fishy, then I file an "item not as described" report and send the seller a note. Never pay by cashiers check or cash - that's how you get burned.
