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Opinions wanted on 1853 $1 Gold coin

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  • tincuptincup Posts: 5,199 ✭✭✭✭✭

    RedstoneCoins... your writing style reminds me of another poster on this forum. Are you an Alt ID trying to have fun on the weekend? Just sayin...

    ----- kj
  • John2000John2000 Posts: 81 ✭✭✭
    edited September 28, 2019 6:06AM

    @Insider2 said:
    Congratulations! That's one of those extremely rare 1853-D gold dollars w/partial "D" polished off. Thanks for posting this variety.

    PS Your coin is 100% genuine.

    ????????????
    Dude, I trusted you. :( ....... >:)

    I may not know what I'm doing most of the time, but I'm Damn good at it. 😇 😈

  • @tincup said:
    RedstoneCoins... your writing style reminds me of another poster on this forum. Are you an Alt ID trying to have fun on the weekend? Just sayin...

    I have never posted on this website before.

  • @ifthevamzarockin said:
    Heavy polishing like seen on your coin will move metal & remove metal and details.
    The obverse cracks would not have transferred well on such a small coin and if they did manage to slightly transfer they would be gone from the harsh polishing.

    Will it create casting bubbles, or depressions without microscopic scrape lines?

    No it won't.

    Do you want me to make a microscope video of the coin? Because it sounds like you do.

  • ifthevamzarockinifthevamzarockin Posts: 8,902 ✭✭✭✭✭

    "Do you want me to make a microscope video of the coin?"

    You can do whatever you want it still won't change the fact you have a genuine polished coin.

    You can put lipstick on a pig and call it whatever you want.....it's still a pig. :D

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭

    @RedstoneCoins said:

    Shame on both of you.

    Neither of you caught what I was hoping would be caught immediately.

    >

    Gee, you got us 🙄

    https://m.youtube.com/watch?v=SrDSqODtEFM

    Impression made, check.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    I'll remind all of you of something I learned very quickly. It is one of the Hard & Fast rules of coin authentication -
    probably #2 in importance.

    1. Every characteristic you can find on a genuine coin can eventually be found on a counterfeit. The reverse is also true. Every characteristic found on a counterfeit coin can eventually be found on a genuine specimen.

    That should "shut-down" most of the arguments posted by the authentication experts in this thread who believe the piece is a counterfeit.

  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    Not sure why it matters in this case. Coin worth only gold content melt value either way.

    Liberty: Parent of Science & Industry

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @Baley said:
    Not sure why it matters in this case. Coin worth only gold content melt value either way.

    It's the PRINCIPLE :D

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 28, 2019 10:30AM

    @Baley said:
    Not sure why it matters in this case. Coin worth only gold content melt value either way.

    @topstuf said:

    @Baley said:
    Not sure why it matters in this case. Coin worth only gold content melt value either way.

    It's the PRINCIPLE :D

    Absolutely. And the hardest coins to authenticate are "problem" coins such as this.

    Sooner or later ALL Professional authenticators' will call a counterfeit coin GENUINE. Big deal but no big deal. IMO, the worse thing a professional authenticator can do is to call a genuine coin COUNTERFEIT! :(

    PS If this were a $2 1/2 C.A.L. your opinion <3 might be different.

  • @Insider2 said:
    I'll remind all of you of something I learned very quickly. It is one of the Hard & Fast rules of coin authentication -
    probably #2 in importance.

    1. Every characteristic you can find on a genuine coin can eventually be found on a counterfeit. The reverse is also true. Every characteristic found on a counterfeit coin can eventually be found on a genuine specimen.

    That should "shut-down" most of the arguments posted by the authentication experts in this thread who believe the piece is a counterfeit.

    Would that not, by your own logic, apply conversely to authentic coins? It would.

    If every characteristic on a counterfeit coin could be found on an authentic coin, does that not also mean that authenticity is indeterminable?

    Bingo.

    Assuming that every characteristic on this coin could possibly be found on an authentic coin (which it cannot), that does not prove it is authentic. Merely that it is of indeterminable status.

    I would rather err on the side of caution, as a collector and investor. If you can't prove a coin is real definitively and conclusively, then it should not be graded/certified as authentic. If there is any doubt (which there is a TON with this coin), then I wouldn't certify it as real.

    Would you buy a graded coin if you found out that the grader(s) thought there was a high chance it was fake? I sure as hell wouldn't. What if inspection/authentication technology improves in the future and it is later proven definitively to be fake? You'd lose all your money, other than in its' bullion value, which for many coins, is substantially less than the price paid (especially for Charlotte, Carson City, all rare dates, etc). Hence why a savvy investor and collector simply avoids 'questionable authenticity' coins like this.

  • ifthevamzarockinifthevamzarockin Posts: 8,902 ✭✭✭✭✭

    "Hence why a savvy investor and collector simply avoids 'questionable authenticity' coins like this."

    Isn't it your coin?

    Maybe you should send this one & your 1 oz gold from your other thread to our host.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited September 28, 2019 4:43PM

    Redstone said:

    @Insider2 said:
    I'll remind all of you of something I learned very quickly. It is one of the Hard & Fast rules of coin authentication -
    probably #2 in importance.

    1. Every characteristic you can find on a genuine coin can eventually be found on a counterfeit. The reverse is also true. Every characteristic found on a counterfeit coin can eventually be found on a genuine specimen.

    That should "shut-down" most of the arguments posted by the authentication experts in this thread who believe the piece is a counterfeit.

    "Would that not, by your own logic, apply conversely to authentic coins? It would. If every characteristic on a counterfeit coin could be found on an authentic coin, does that not also mean that authenticity is indeterminable? Bingo."

    "Bingo?" Actually no, it's more like "BONGO!" You must have missed this part of my post: The reverse is also true. Every characteristic found on' a counterfeit coin can eventually be found on a genuine specimen."

    Redstone continued: "Assuming that every characteristic on this coin could possibly be found on an authentic coin (which it cannot), that does not prove it is authentic. Merely that it is of indeterminable status."

    WARNING: IMO, this comment is one reason why you should choose your coin dealer VERY CAREFULLY as they all are assumed to know something about coin authentication. Sometime in the future, when you have examined enough coins at magnifications greater than 10X so that your opinions on authentication matter, you'll be able to prove to yourself what several here have posted is accurate. Wink, Wink.

    I would rather err on the side of caution, as a collector and investor. If you can't prove a coin is real definitively and conclusively, then it should not be graded/certified as authentic. [**AFAIK, that is what the TPGS's do as they guarantee their opinion]. If there is any doubt (which there is a TON with this coin), then I wouldn't certify it as real.

    Decades ago, before ANACS was founded, many dealers lost their shirts buying fakes. Thankfully, now there are four major TPGS that keep many of them in business. You can send that "dog" to one of them (I suggest our host) and that should dispell your doubt about its authenticity. Unfortunately, I think you may be well past believing any result that does not match your opinion.

    Redstone asked: "Would you buy a graded coin if you found out that the grader(s) thought there was a high chance it was fake? I sure as hell wouldn't. What if inspection/authentication technology improves in the future and it is later proven definitively to be fake? You'd lose all your money, other than in its' bullion value, which for many coins, is substantially less than the price paid (especially for Charlotte, Carson City, all rare dates, etc). Hence why a savvy investor and collector simply avoids 'questionable authenticity' coins like this."

    I'll remind folks still reading this thread that "WHAT IF'S ARE FOR AUTHENTICATION EX-PERTS AND CHILDREN." They don't deserve comment except for this: Redstone, I truly hope you send your coin to PCGS and it comes back as a counterfeit! That's because every so often, a kick in the pants keeps a B) person HUMBLE! Best of luck.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Let us know the results.

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