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<p>[QUOTE="GoldCoinLover, post: 813653, member: 4336"]I saw this and I had to say something. I am very skeptical at anyone in coins that calls themselves "experts". When you're an expert you don't call yourself one.</p><p><br /></p><p>I was watching pawn stars on the history channel. A woman brought in a 1924 (common date) saint gaudens , raw, which she said she found it in a wall in a safe in an old house. He looked at it and said it may not be geniune, (It looked to have good details to me) and both him and the coin "expert" from Sahara coins said that the 1924 St Gaudens is the most common counterfeited gold coin. </p><p><br /></p><p> They said many of them were counterfeited in the middle east and used in jewelry, which probably is true. I do not believe it is the most counterfeited US gold coin. I think, by far, the $1 , $3, and especially the $2.50 and $5.00 indian coins are the most counterfeited. A good reason is that less often are the larger gold coins counterfeited, it takes more real gold to make them. So often times the counterfeiter will melt down a geniune 20 gold piece and make several high-numismatic value coins (such as $2.50 indian coins) and sell all of those for more than the price of the entire saint gaudens.</p><p><br /></p><p><br /></p><p>He said it was genuine. He graded it MS64 and said it was worth around $2000. The store owner then bought it from her for $1500.</p><p><br /></p><p>They also said it has 30 grams of gold. The full weight is 33 grams, so the net wet (only the gold content) would be around 30 grams right? Because they are not pure gold, they weigh more than 33 grams but it should contain 30 grams of pure gold. Right?[/QUOTE]</p><p><br /></p>
[QUOTE="GoldCoinLover, post: 813653, member: 4336"]I saw this and I had to say something. I am very skeptical at anyone in coins that calls themselves "experts". When you're an expert you don't call yourself one. I was watching pawn stars on the history channel. A woman brought in a 1924 (common date) saint gaudens , raw, which she said she found it in a wall in a safe in an old house. He looked at it and said it may not be geniune, (It looked to have good details to me) and both him and the coin "expert" from Sahara coins said that the 1924 St Gaudens is the most common counterfeited gold coin. They said many of them were counterfeited in the middle east and used in jewelry, which probably is true. I do not believe it is the most counterfeited US gold coin. I think, by far, the $1 , $3, and especially the $2.50 and $5.00 indian coins are the most counterfeited. A good reason is that less often are the larger gold coins counterfeited, it takes more real gold to make them. So often times the counterfeiter will melt down a geniune 20 gold piece and make several high-numismatic value coins (such as $2.50 indian coins) and sell all of those for more than the price of the entire saint gaudens. He said it was genuine. He graded it MS64 and said it was worth around $2000. The store owner then bought it from her for $1500. They also said it has 30 grams of gold. The full weight is 33 grams, so the net wet (only the gold content) would be around 30 grams right? Because they are not pure gold, they weigh more than 33 grams but it should contain 30 grams of pure gold. Right?[/QUOTE]
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