Paid $25 for my first gold coin

Maserati27

Lmao. Went to an estate sale today

Maserati27

joeykoins

Replica?

Maserati27

Maserati27

Maserati27

I already got it checked out

ModCrewman

Seems like that was a pretty good deal then!

ironmanl63

You are one lucky dude! I wonder what you might find in the next 5 minutes.

joeykoins

Sounds like almost "to good to be true".

Maserati27

Mgarmy

Damn what a pick up!

ctf_error_coins

Good Job.

You seem to be putting in the time.

LindeDad

First year they were minted, proofs were made at West Point. And somebody sure did not know what they had.
You Suck from the old days around here.

joeykoins

If true, you did GREAT,dude!

vplite99

Good for you, not so good for the seller.

Pedzola

In my opinion it is unethical not to alert a seller of the market value of an item if they are uninformed. Doesn't matter if its a little old lady or a giant corporation, the right thing to do would be to let them know they are making a mistake. Maybe they give you a deal for being honest, and if not at least you walk away knowing you did the right thing. Buying a $1600 coin for $25 seems akin to cheating or lying to me.

kiyote

Is getting an item way below the market value Ethical? It’s a mixed bag. It depends on the item.. each of these were gained in similar circumstances

Insider2

@Pedzola said:
In my opinion it is unethical not to alert a seller of the market value of an item if they are uninformed. Doesn't matter if its a little old lady or a giant corporation, the right thing to do would be to let them know they are making a mistake. Maybe they give you a deal for being honest, and if not at least you walk away knowing you did the right thing. Buying a $1600 coin for $25 seems akin to cheating or lying to me.

LOL, I guess you believe the "story."

BillDugan1959

@Insider Exactly, the forum & its membership are being trolled and insulted.

jmlanzaf

@BillDugan1959 said:
@Insider Exactly, the forum & its membership are being trolled and insulted.

Only if we choose to be. It's easy enough to ignore if we want

Jimnight

Nice!

JBK

Assuming this is a serious thread, and assuming that is not a Chinese copy that someone stuck into Original Government Packaging (OGP), congratulations!

My only question is...how did all the fingerprints get on the coin? Please tell me you did not pop it out of the capsule and handle it the way you have been handing your other coins.

cappedlibertyx

You wish

markelman1125

Get it checked out by a professional. Gold at times can be faked.

blitzdude

@Pedzola said:
In my opinion it is unethical not to alert a seller of the market value of an item if they are uninformed. Doesn't matter if its a little old lady or a giant corporation, the right thing to do would be to let them know they are making a mistake. Maybe they give you a deal for being honest, and if not at least you walk away knowing you did the right thing. Buying a $1600 coin for $25 seems akin to cheating or lying to me.

Appears to me he is well on his way to becoming a coin dealer. @ the op, welcome to the Au.

Downtown1974

I can’t give any credence to the story, but from the looks of those scans, it looks like a genuine AGE. The laminated COA is odd though. Didn’t come from the mint like that.

hchcoin

An estate sale on a Tuesday during the day.

joeykoins

Maybe, it was the estate of Stevie Wonder or Ronnie Milsap?

bearcave

@Downtown1974 said:
I can’t give any credence to the story, but from the looks of those scans, it looks like a genuine AGE. The laminated COA is odd though. Didn’t come from the mint like that.

It is laminated! I didn't pick up on that! It's not original.

TroyW

its possible.
as a kid my mom would go to estate sales and get gold jewelry for pennies on the dollar of melt value. Gibson girls estate sales or some name like that.
my older brother who is an expert when it comes to pocket watches has gotten 14k gold pocket watches for almost nothing because someone did not know how to read the makers marks.

so it is possible., likely no but possible, yes

ChrisH821

Even if they didn't realize it was gold, it says 50 DOLLARS right on it... they would have been better off to just spend it.
You could have at least insisted on giving them face value.

Insider2

@TroyW said:
its possible.
as a kid my mom would go to estate sales and get gold jewelry for pennies on the dollar of melt value. Gibson girls estate sales or some name like that.
my older brother who is an expert when it comes to pocket watches has gotten 14k gold pocket watches for almost nothing because someone did not know how to read the makers marks.

so it is possible., likely no but possible, yes

Agree, even dealers sell genuine stones in gold rings w/o knowing. I've cherried some emeralds and rubies. Genuine cultured pearls are common.

ChrisH821

@Maserati27 said:

.
Stop vaping(if that's what's in your hand) and get that insulation installed!