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I must be insane - considering a raw gold coin on eBay

seanqseanq Posts: 8,865 ✭✭✭✭✭
in U.S. Coin Forum
Auction

Why - because it's clipped, of course. I have a question into the seller, and the pics are a little out of focus, but I think the rim clip is legit. Of course, it could be damaged, or it could be counterfeit. Do they even counterfeit $1 gold coins? Does this one look good? How about the rim clip? Someone either talk me into another bid or talk me out of it.


Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.

"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor

Comments

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    100proof1957100proof1957 Posts: 6,231 ✭
    frequently counterfeited

    PASEO
    image
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    BarryBarry Posts: 10,100 ✭✭✭
    Blurry picture, raw gold, Ebay.
    Not for me...
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    RYKRYK Posts: 35,804 ✭✭✭✭✭
    Pass!
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
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    coinbufcoinbuf Posts: 12,650 ✭✭✭✭✭
    Raw gold is always risky, if he allows returns it may be worth the chance. The clip looks ok but I'd like to see it in hand for sure.

    Chris
    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
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    GATGAT Posts: 3,146 ✭
    Your subject title says it all, in the military we would have said you needed a section 8 discharge. That's the section that provides discharges for people with a screw loose!
    USAF vet 1951-59
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    robertprrobertpr Posts: 6,862 ✭✭✭
    I've purchased raw gold on eBay before and never failed to get the coin certified.

    HOWEVER never with such crappy pictures and NEVER EVER from a seller with multiple negs, especially recent.

    Looking at this dude's past auctions, through the links in his feedback, it looks like he was selling various crap in the past and this is his first batch of coins. This leads to a few possibilities: 1)hijacked account, 2)newbie coin 'dealer' who has dollar signs in his eyes, 3)grandma's attic collection, or 4)coin collector decides to start selling his collection on the bay.

    BUT he has also recently been a BUYER for an assortment of crap, none of which that I could find were coins.

    I'm leaning here towards "hijacked account" but who knows. Definitely I would avoid this one, in any event.
  • Options
    littlejohnlittlejohn Posts: 702
    out of over 20 raw gold coins,that i got on ebay
    only two had some trobles ,none was counterfeited.
    done real good with raw gold on ebay, at less so far.!!
    littlejohn
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    lordmarcovanlordmarcovan Posts: 45,440 ✭✭✭✭✭
    It doesn't ring any immediate warning bells with me, but you never know...

    Collector since 1976. On the CU forums here since 2001.

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    MyqqyMyqqy Posts: 9,777 ✭
    out of over 20 raw gold coins,that i got on ebayonly two had some trobles ,none was counterfeited.

    That, to me, is amazing..... image
    My style is impetuous, my defense is impregnable !
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    sinin1sinin1 Posts: 7,500 ✭
    I bought a MS gold dollar on eBay - ANACS said it was die-struck copy - seller said to send it back for refund - then they said they never got it - I got screwed twice


    Before bidding any more on this auction (because you might hit the reserve) check out their other auctions - I like the one with the 1804 dollar in the lot myself

    great dollar lot

    I calculated the bullion value for a $1 gold coin with 10% copper - it came out to less than $25

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