1843 Gold $2.50 question

SummerDays3104

What grade is this? And how much is it worth? Is it damaged? And is it gold?

Disclaimer: This is not my coin, I’m asking this question for another member of another forum!

BillJones

I am very sure that piece is a counterfeit. Everything about it is wrong. I don't have an 1843 quarter eagle from the Philadelphia Mint, but here is one from the Dahlonega, Georgia Mint. The artwork on the the Philadelphia and Dahlonega mints is the same.

Project Numismatics

Nothing about it looks right to me - surfaces, color, certain design elements all look wrong. It looks like something sold to kids at a touristy souvenir shop.

Smudge

Here’s a 44. I agree with Mr. Jones

FlyingAl

Counterfeit.

amwldcoin

UGGH!

PerryHall

It's a contemporary counterfeit made to circulate and defraud the local merchant. It's probably made of brass and was gold plated at one time. People collect these and it does have some value as a collectable.

TomB

You have to do better than that!

TomB

You don't have to play the fool all the time. If another member is arguing that something as pathetically awful as that fake is real then let them post it and take the flak.

golden

Not even close!

lkenefic

definitely counterfeit... the image is wrong, the fonts are wrong, it doesn't look like gold either...

braddick

@SummerDays3104 said:

@TomB said:
You don't have to play the fool all the time. If another member is arguing that something as pathetically awful as that fake is real then let them post it and take the flak.

See, the problem with that is this specific forum is filled with people who know nothing about coins so I feel it’s my job to inform them and help them out

"In the land of the blind, the one-eyed man is king."

MarkKelley

Weigh it. My guess is that it will be way too light.

PerryHall

This coin is typical of many contemporary counterfeit gold coins from this era. The counterfeiters had to hand engrave their dies which is why they appear so crude. They didn't have the EDM machinery, transfer lathes, or investment casting equipment that are available to counterfeiters today.

PerryHall

@SummerDays3104 said:
Thought something is wrong woth this> @PerryHall said:

It's a contemporary counterfeit made to circulate and defraud the local merchant. It's probably made of brass and was gold plated at one time. People collect these and it does have some value as a collectable.

Okay, so how much would it bring in value?

There's no price guide for contemporary counterfeits. If you put it on the BST, you could solicit offers.

FlyingAl

@PerryHall said:

@SummerDays3104 said:
Thought something is wrong woth this> @PerryHall said:

It's a contemporary counterfeit made to circulate and defraud the local merchant. It's probably made of brass and was gold plated at one time. People collect these and it does have some value as a collectable.

Okay, so how much would it bring in value?

There's no price guide for contemporary counterfeits. If you put it on the BST, you could solicit offers.

Isn't it technically illegal to sell known counterfeits?

Kliao

@FlyingAl said:

@PerryHall said:

@SummerDays3104 said:
Thought something is wrong woth this> @PerryHall said:

It's a contemporary counterfeit made to circulate and defraud the local merchant. It's probably made of brass and was gold plated at one time. People collect these and it does have some value as a collectable.

Okay, so how much would it bring in value?

There's no price guide for contemporary counterfeits. If you put it on the BST, you could solicit offers.

Isn't it technically illegal to sell known counterfeits?

I believe that it would have to be marketed and explicitly known to the buyer that they are getting a counterfeit item.

LanceNewmanOCC

@FlyingAl said:
Isn't it technically illegal to sell known counterfeits?

.
if they aren't in accordance with the HPA.

so items commonly believed to be made before 72 and/or properly marked are exempt. i still think after reading the hpa updates that those making fantasy dates with the likeness of an authorized usa issue are beyond the scope.

PerryHall

@LanceNewmanOCC said:

@FlyingAl said:
Isn't it technically illegal to sell known counterfeits?

.
if they aren't in accordance with the HPA.

so items commonly believed to be made before 72 and/or properly marked are exempt. i still think after reading the hpa updates that those making fantasy dates with the likeness of an authorized usa issue are beyond the scope.

HPA of 1973 only covers replica coins made after the law was passed. It is not retroactive to earlier coin replicas.

ricko

Typical fake... Value is zero except for collector interest.... There are collectors of counterfeit coins... Though that one may be a modern fake for tourists. Cheers, RickO