Need counterfeit gold diagnostics help.
jdimmick
Posts: 9,674 ✭✭✭✭✭
A group of One dollar gold coins came in today. After looking at tthem closer some appear to be counterfiet. can anyone help me with identification?
the dates are as follows:
1874 and 1889 appear to have those two small lumps near the O in Of,
the other dates
1849 Looks nice and crisp
1883
(2) 1854 Ty II's
thanks
jim
the dates are as follows:
1874 and 1889 appear to have those two small lumps near the O in Of,
the other dates
1849 Looks nice and crisp
1883
(2) 1854 Ty II's
thanks
jim
0
Comments
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Jim,
Here are some things to look for on the 1874:
GENUINE
1) should have a diameter of .591
2) 1874 gold dollars were struck from worn, deteriorated dies, so 1874 dollars usually don't show much luster. Also, the reverse die will show a lot of wear (coin will have weak details).
3) look at the dentils; they should be evenly spaced and uniform.
COUNTERFEIT
1) there are multiple known counterfeits for 1874, but one is oversized in diameter at .594. Some counterfeits are the correct diameter.
2) beware of 1874 dollars that have too much luster (too good to be true).
3) the counterfeit will have sharper details than the genuine 1874.
4) one known counterfeit has a small pit to the right of "R" in DOLLAR and 2 small pits to the right of "4" in the date.
5) I like to look at the 2 flowers at the top of the reverse on gold dollars. Compare them to a genuine coin, as the counterfeits are usually different.
6) I know it's easy to say, but I like to look at the "fabric" of each coin. We just had a counterfeit $5 Lib come in last week that was mixed with about 20 other genuine coins. It just stood out like a sore thumb (luster was wrong).
NOTE: diagnostics used in my post are from Lonesome John's book on counterfeit gold.
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