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Beware when buying raw

SmittysSmittys Posts: 9,876 ✭✭✭✭✭
edited May 16, 2020 8:36AM in U.S. Coin Forum




Off To refinery with other junk gold, yes they were gold only 18k though.
Coins from the Beware when buying Raw post.


Comments

  • ChrisH821ChrisH821 Posts: 6,772 ✭✭✭✭✭

    I don't know these at all, but those look very mushy. I assume that's what leads you to asking?

    Collector, occasional seller

  • dcarrdcarr Posts: 9,162 ✭✭✭✭✭

    They are not US Mint products.
    But they might still be made of real gold (testing would be necessary to confirm that).

  • ashelandasheland Posts: 23,790 ✭✭✭✭✭

    Definitely fake.

  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    No!

  • ColoradoCoinGuyColoradoCoinGuy Posts: 235 ✭✭✭

    I believe both are fake. Appears to be tooling marks on the reverses of both coins.

    Member of LSCC, EAC, Fly-In Club, BCCS
    Life member of ANA
  • CaptHenwayCaptHenway Posts: 32,815 ✭✭✭✭✭

    Known fakes from the 70's. All the ones we saw at ANACS were good gold.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • PerryHallPerryHall Posts: 46,902 ✭✭✭✭✭

    Very crudely made fakes. The newer fakes being made these days are are vastly superior to these crude amateur attempts.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • vplite99vplite99 Posts: 1,374 ✭✭✭✭✭

    Mushy fakes.

    Vplite99
  • WalkerfanWalkerfan Posts: 9,767 ✭✭✭✭✭
    edited May 15, 2020 6:47PM

    YIKES! Are they even real gold??!!

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • johnny9434johnny9434 Posts: 29,333 ✭✭✭✭✭

    Bogus

  • segojasegoja Posts: 6,141 ✭✭✭✭

    Ditto

    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

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  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Yikes !!! :s

    Timbuk3
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Fakes, but could be real gold....ebay auctions?? Cheers, RickO

  • skier07skier07 Posts: 4,398 ✭✭✭✭✭
    edited May 16, 2020 12:00PM

    If you buy enough coins that are raw I would think eventually you’re going to wind up with a fake one especially with $1 and $3 gold.

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