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Fake 1878 Goloid Metric Dollar J-1563 on eBay - please report!

IkesTIkesT Posts: 3,208 ✭✭✭✭✭
edited December 17, 2020 8:54AM in U.S. Coin Forum

This one actually has a bid:

https://www.ebay.com/itm/1878-Goloid-Metric-Silver-Dollar-1-US-Pattern-Coin/184576092155?hash=item2af997a7fb:g:2mgAAOSw9rJfz5d5

Still time to save the hapless bidder $300 by reporting this one.


Comments

  • IkesTIkesT Posts: 3,208 ✭✭✭✭✭

    Time is running out to report this one - it ends on Friday morning.

    This is the second fake goloid metric dollar I've seen this year.

  • CaptHenwayCaptHenway Posts: 32,245 ✭✭✭✭✭

    I did yesterday

    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.
  • MFeldMFeld Posts: 13,623 ✭✭✭✭✭

    @CaptHenway said:
    I did yesterday

    Likewise

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • vplite99vplite99 Posts: 1,289 ✭✭✭✭✭

    I don't even know what a Goloid metric dollar is, let alone recognize a fake one.

    Vplite99
  • AUandAGAUandAG Posts: 24,783 ✭✭✭✭✭

    reported

    bob

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • This content has been removed.
  • IkesTIkesT Posts: 3,208 ✭✭✭✭✭

    @vplite99 said:
    I don't even know what a Goloid metric dollar is, let alone recognize a fake one.

    Below is a real 1878 Goloid Metric Dollar J-1563:

    https://www.pcgs.com/coinfacts/coin/1878-1-j-1563/61925

    .
    .
    .
    A few pointers on the fake:

    1) The details on the fake are soft and "fat"-looking, not sharp and crisp.

    2) Given the softness of the detail, one might mistake the fake for a well-circulated coin. However, the goloid metric dollar is a proof pattern issue (not intended for circulation). There are just two known circulated examples in the PCGS & NGC populations, both with only light wear (PR55).

    3) The toning stands out as artificial, as the fake has a very "antiqued" appearance.

    4) Some details on the fake have been changed outright. For example, see below. On the fake, the tip of the tress is truncated, a straight incuse bar has been tooled into it, and it is too close to the 8. The denticles on the fake are too small and have gaps between them.


    .
    .
    For the fake I reported in June, see below:

    https://forums.collectors.com/discussion/1039968/fake-goloid-dollar-j1563#latest

    That one looked a bit different (it was very weakly struck and was not "antiqued", for example), so there may be more than one person making these.

  • DennisHDennisH Posts: 13,991 ✭✭✭✭✭

    Reported.

    When in doubt, don't.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭

    Reported.

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • goldengolden Posts: 9,667 ✭✭✭✭✭

    Reported.

  • johnny9434johnny9434 Posts: 28,424 ✭✭✭✭✭

    Reported

  • DennisHDennisH Posts: 13,991 ✭✭✭✭✭

    When in doubt, don't.
  • CryptoCrypto Posts: 3,722 ✭✭✭✭✭

    @vplite99 said:
    I don't even know what a Goloid metric dollar is, let alone recognize a fake one.

    Some people in congress had the idea to make international money using an amalgamate of metals to establish value. Adding gold to make it worth more. The patterns are stuck on plain silver. It was never going to work as it is pretty hard to guarantee equal gold distribution within the silver for all the blanks.

  • IkesTIkesT Posts: 3,208 ✭✭✭✭✭
    edited December 17, 2020 2:53PM

    @DennisH said:

    That is an unfortunate outcome, but thanks for the update. Looks like the seller got wind that they were found out and exercised the option to end the auction early by selling to the high bidder. :/

    I haven't seen that happen before, but I guess it's always a risk in a case like this. You can inform the seller and give them the opportunity to do the right thing, but the option to sell to the high bidder is always there.

    Hopefully, the buyer will realize their mistake and file an SNAD with eBay.

  • IkesTIkesT Posts: 3,208 ✭✭✭✭✭

    As of this evening, the listing is gone, so it would appear that eBay did take notice of our reports.

  • MFeldMFeld Posts: 13,623 ✭✭✭✭✭

    @IkesT said:
    As of this evening, the listing is gone, so it would appear that eBay did take notice of our reports.

    Good deal. Earlier today, the listing indicated that it had sold for $300(?). So EBay must have subsequently taken action action.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I hope the 'buyer' was saved... It looked as if it sold, but the subsequent delisting may have resulted in a notice to the buyer as well. We can hope... Cheers, RickO

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