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Ouch!! Looks like someone's been buying raw Gold coins off eBay

ManorcourtmanManorcourtman Posts: 8,212 ✭✭✭✭✭
in U.S. Coin Forum
Someone is pretty upset today!!

Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
1 1 11558043 7509 1850 G$1 US Not Genuine
2 1 11558044 7560 1862 G$1 US AU58
3 1 11558045 7575 1874 G$1 US Not Genuine
4 1 11558046 7590 1889 G$1 US MS65
5 1 11558047 7743 1846-O $2.50 US Cleaned
6 1 11558048 7850 1898 $2.50 US Not Genuine
7 1 11558049 7940 1909 $2.50 US MS61
8 1 11558050 7940 1909 $2.50 US Altered Surface
9 1 11558051 7942 1911 $2.50 US AU58
10 1 11558052 7942 1911 $2.50 US AU55
11 1 11558053 7942 1911 $2.50 US Cleaned
12 1 11558054 7942 1911 $2.50 US AU53
13 1 11558055 7944 1912 $2.50 US MS61
14 1 11558056 7945 1913 $2.50 US XF45
15 1 11558057 7945 1913 $2.50 US MS62
16 1 11558058 7946 1914 $2.50 US AU58
17 1 11558059 7947 1914-D $2.50 US Not Genuine
18 1 11558060 7948 1915 $2.50 US Cleaned
19 1 11558061 8354 1881 $5 US MS62
20 1 11558062 8378 1891-CC $5 US Not Genuine
21 1 11558063 8398 1899 $5 US MS64
22 1 11558064 8404 1901-S $5 US MS64
23 1 11558065 8406 1902-S $5 US MS62
24 1 11558066 8510 1908 $5 Indian US Not Genuine
25 1 11558067 8513 1909 $5 US AU55
26 1 11558068 8513 1909 $5 US AU55
27 1 11558069 8517 1910 $5 US Not Genuine
28 1 11558070 8520 1911 $5 US Not Genuine
29 1 11558071 8523 1912 $5 US Not Genuine
30 1 11558072 8526 1913-S $5 US AU53
31 1 11558073 8527 1914 $5 US Not Genuine
32 1 11558074 8530 1915 $5 US Not Genuine
33 1 11558075 8532 1916-S $5 US Not Genuine
34 1 11558076 9027 1895 $20 US Scratch or Rim Nick
35 1 11558077 9032 1897-S $20 US AU58
36 1 11558078 9154 1910 $20 US MS61
37 1 11558079 9168 1915-S $20 US MS64
38 1 11558080 9186 1927 $20 US MS64
39 1 11558081 9859 1992-P $5 Eagle US PR69DC
40 1 11558082 9870 1993 $10 Eagle US MS69
41 1 11558083 9807 1986-W $50 Eagle US PR69DC
42 1 11558084 9815 1987-W $50 Eagle US PR69DC
43 1 11558085 99974 2004-W $50 Eagle US PR69DC
44 1 11558086 9627 1987-W $5 Constitution US PR69DC
45 1 11558087 9631 1988-W $5 Olympic US PR67DC
46 1 11558088 9637 1989-W $5 Congress US PR69DC
47 1 11558089 1594 1817 1C 13 Stars US Altered SurfaceBN
48 1 11558090 3576 1864 2C Large Motto US XF45BN
49 1 11558091 3577 1864 2C Large Motto US Questionable ColorRB
50 1 11558092 3795 1868 5C US Cleaned
51 1 11558093 4906 1916-D 10C US AG03
52 1 11558094 4906 1916-D 10C US Scratch or Rim Nick
53 1 11558095 6113 1818 50C US Cleaned
54 1 11558096 7152 1884-CC $1 US MS65

Total Items: 54

Date Received: 4/16/2008

Date Shipped: N/A

Order Status: Shipped

Comments

  • blu62vetteblu62vette Posts: 11,951 ✭✭✭✭✭
    I guess the good news is all the $20's at least are authentic.
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    This one is a good bit it seems...

    4 1 11558046 7590 1889 G$1 US MS65

    And I see two MS 64 gold half eagles.

    But lots and lots of fake stuff and junk! I hope it came from eBay and not a local dealer!
  • UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    Big OUCH!
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i> I hope it came from eBay and not a local dealer! >>



    ??? No idea why you hope that.
  • PlacidPlacid Posts: 11,299 ✭✭✭
    12 not genuine,10 bbs for other issues image
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Doctor, it hurts when I do this...


    Don't do that. Please pay at the receptionists deck.
  • cheezhedcheezhed Posts: 6,018 ✭✭✭✭✭
    Back to ebay they go with problems not disclosed.image
    Many happy BST transactions
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,433 ✭✭✭✭✭
    Fakes are concentrated in $5 Indians. 7 out of 10 not genuine.

    That has got to hurt.

    Mark
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • pennyanniepennyannie Posts: 3,929 ✭✭✭
    That is plum scary. I do not deal in gold but how are all those not real? Are they made of real gold just made outside the mint or? I always here about fake gold just never seen it. My local dealer has a few pieces somewhere that he bought from a national dealer a few years back. He sent them in, all came back fake and the national dealer would not take them back. I have not seen them. What is the story on the not real gold.?
    Mark
    NGC registry V-Nickel proof #6!!!!
    working on proof shield nickels # 8 with a bullet!!!!

    RIP "BEAR"
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,433 ✭✭✭✭✭


    << <i>Back to ebay they go with problems not disclosed.image >>



    You can assume they will start showing up on ebay about June 7-12.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    Is this something that irritates grading companies? Or are they okay with getting a submission that's almost half fake?

  • STONESTONE Posts: 15,275 ✭


    << <i>Fakes are concentrated in $5 Indians. 7 out of 10 not genuine.

    That has got to hurt.

    Mark >>


    Recount, 7 of 12 are counterfeit $5 Indians; 1 counterfeit $5 Liberty, 2 counterfeit $2.50, and 2 counterfeit $1.00 golds.
  • DustyCoinboxDustyCoinbox Posts: 206
    I gotta think spotting a fake would be the coolest thing !
    Successful BST purchases from: WaterSport, commoncents123, Hyperion, mozeppa, Mar327, coinlieutenant, Placid, MFH, fishteeth, FilthyBroke, SilverEagles92, illini420, barberman55, pcgs69 (2x) & 123cents

    History of the US Constitution Coin Set
  • FishyOneFishyOne Posts: 376
    I do not deal in gold but how are all those not real? Are they made of real gold just made outside the mint or? I

    This is something I wonder about also. If the weight and dimensions are correct then they're real gold right?

    I always verify the size & dimensions of any raw gold I buy and that gives me the density. I check it versus the "as minted" weight also of course.

    What advantage would someone have conterfeiting a common date with real gold?

    image
  • ccrdragonccrdragon Posts: 2,697 ✭
    the grading companies don't care what you send in as long as they get paid to offer thier opinion
    Cecil
    Total Copper Nutcase - African, British Ships, Channel Islands!!!
    'Do not meddle in the affairs of dragons, for you are crunchy and taste good with ketchup'
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,433 ✭✭✭✭✭


    << <i>

    << <i>Fakes are concentrated in $5 Indians. 7 out of 10 not genuine.

    That has got to hurt.

    Mark >>


    Recount, 7 of 12 are counterfeit $5 Indians; 1 counterfeit $5 Liberty, 2 counterfeit $2.50, and 2 counterfeit $1.00 golds. >>



    24 1 11558066 8510 1908 $5 Indian US Not Genuine
    25 1 11558067 8513 1909 $5 US AU55
    26 1 11558068 8513 1909 $5 US AU55
    27 1 11558069 8517 1910 $5 US Not Genuine
    28 1 11558070 8520 1911 $5 US Not Genuine
    29 1 11558071 8523 1912 $5 US Not Genuine
    30 1 11558072 8526 1913-S $5 US AU53
    31 1 11558073 8527 1914 $5 US Not Genuine
    32 1 11558074 8530 1915 $5 US Not Genuine
    33 1 11558075 8532 1916-S $5 US Not Genuine

    Not a series to buy raw on ebay.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • adamlaneusadamlaneus Posts: 6,969 ✭✭✭
    Every one of those counterfeit coins goes for a premium over melt.

    Indians, even raw ones, sell for much more than melt.

    $1 coins tend to sell for well over melt.

    The counterfeit liberty half eagle is a 'cc' mintmark, so that should be obvious.

    Also, these coins may have been produced long ago when the spread of prices between the melt value and the coin value were larger.

    The whole indian thing is scary. The two[edit]three good ones were of middling quality. The rest were fake!
    It will be challenging to record this pattern of fakes and look for an eBay seller with a matching set of items...


  • 2manycoins2fewfunds2manycoins2fewfunds Posts: 3,039 ✭✭✭
    Ouch!
  • BearBear Posts: 18,953 ✭✭✭
    Gosh, that poor soul grades even worse

    then I do.
    There once was a place called
    Camelotimage
  • etexmikeetexmike Posts: 6,852 ✭✭✭
    image

    That sub is going to leave a mark.


    Mike
  • harvey85422458harvey85422458 Posts: 1,004
    Wow talk about taking it up the
    MY EBAY MY EBAY MY EBAY MY EBAY MY EBAY MY EBAY



  • guitarwesguitarwes Posts: 9,290 ✭✭✭


    << <i>What advantage would someone have conterfeiting a common date with real gold? >>




    cause if they can pass them as Gems they can collect on the grade premium. This would be my guess.

    wes

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • ManorcourtmanManorcourtman Posts: 8,212 ✭✭✭✭✭


    << <i>

    << <i>What advantage would someone have conterfeiting a common date with real gold? >>




    cause if they can pass them as Gems they can collect on the grade premium. This would be my guess.

    wes >>




    Exactly. I once bought what I thought was a GEM $1 Gold piece. The weight was off by .02 but the dealer said it was probably his scale......not!! It would have graded 65+ if real. I sent it to ANACS who bagged it as counterfeit. I paid a hefty premium for the grade. Luckily I knew the dealer and he refunded my money. They make some pretty good looking fakes!
  • clackamasclackamas Posts: 5,615 ✭
    That is PURE Pain. I feel real bad for that person.
  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    Wow, can anyone on these boards grade those coins like that if they were presented in that order? You would have to be quite skilled to grade all of those catching the counterfeit ones, yet grading the genuine ones.

    Yes, that must have hurt, but think of the poor graders getting a lot like that and having to catch all the phony coins without having any false positives.
    Tom

  • BBNBBN Posts: 3,761 ✭✭✭
    Aren't those fake indian $5 usually real gold? If so at least he'll recover something for them

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
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  • BECOKABECOKA Posts: 16,961 ✭✭✭


    << <i>I do not deal in gold but how are all those not real? Are they made of real gold just made outside the mint or? I

    This is something I wonder about also. If the weight and dimensions are correct then they're real gold right?

    I always verify the size & dimensions of any raw gold I buy and that gives me the density. I check it versus the "as minted" weight also of course.

    What advantage would someone have conterfeiting a common date with real gold?

    image >>



    Counterfeits are usually accurate in metal content, weight and size. The concern is they are not made by the U.S. mint.
  • PerryHallPerryHall Posts: 46,900 ✭✭✭✭✭


    << <i>What advantage would someone have conterfeiting a common date with real gold? >>



    Most counterfeit gold coins are struck from dies and have their full weight of gold. The profit comes from their numismatic premium.









    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

  • guitarwesguitarwes Posts: 9,290 ✭✭✭


    << <i>

    << <i>What advantage would someone have conterfeiting a common date with real gold? >>



    Most gold coins are struck from dies and have their full weight of gold. The profit comes from their numismatic premium. >>





    echo....echo. Do I hear an echo?
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • Rupert305Rupert305 Posts: 557 ✭


    << <i>Gosh, that poor soul grades even worse

    then I do. >>

    image
    Ebay Items for Sale
  • lope208lope208 Posts: 1,960 ✭✭
    Wow, that is rough! Let's hope it was his "grandfather's collection" or something that he didn't have to pay for!

    He does have an AG-03 1916-D Merc that's genuine at least!
    Successful BST transactions:
    commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
    -------------------------
  • ManorcourtmanManorcourtman Posts: 8,212 ✭✭✭✭✭
    Genuine is a touchy subject hereimage
  • garsmithgarsmith Posts: 5,894 ✭✭
    I hope they didn't pay much over spot image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    I'll take that damaged 1916 D Mercury image. If he's really sick of owning it, that is image

    ``https://ebay.us/m/KxolR5

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭


    << <i>Fakes are concentrated in $5 Indians. 7 out of 10 not genuine.

    That has got to hurt.

    Mark >>



    Hey Mark, welcome to posting on the U.S. Coin forum. Great name and avatar.

    Joe

    ``https://ebay.us/m/KxolR5

  • PerryHallPerryHall Posts: 46,900 ✭✭✭✭✭
    Hopefully he bought all of them from a local coin dealer and he owns a baseball bat.

    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

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭


    << <i>Hopefully he bought all of them from a local coin dealer and he owns a baseball bat. >>


    Calm down. The owner can donate all of them to the ANA and write off his losses as a " Gift of Deed", equal to his losses from being the victim of fraud.
    The ANA can and often does, in turn, use these pieces in their education programs.

    Thanks to this place and whoever told me about that when I first joined the boards. It helped minimize the loss and the pain of trusting the thief on eBay.

    ``https://ebay.us/m/KxolR5

  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Wonder if he bought from one of those sleazy dealers that take out full page ads or maybe TV purchases.

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