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Counterfeit Gold $2.50 1907 Liberty
Windycity
Posts: 3,544 ✭✭✭✭✭
Test positive as gold but has to be a counterfeit. Soft strike with many small die file lines, rough surfaces and a generally weak detail strike. Tried to take closeup images showing many of the die files lines and weakness in Liberty's hair. Note die file lines by star above Liberty, by S of STATES on reverse and coming out of Eagles wing in same photos, rough surfaces and die file line below arrow feathers and above 1/2.
Welcome comments and any other observations.
Welcome comments and any other observations.
<a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website
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Had one exactly the same as this one come in yesterday with a handful of small gold.
But you might check with an expert
This coin was likely made (purportedly) in Lebanon in the 1950's-1960's, as it shares many characteristics of coins coming out of that area during that time period.
Note that the cartwheel luster seems a bit "off," but the biggest "tell" with these are the somewhat softened details, as you mentioned.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
bob
weren't the Lebanon counterfeits made of proper alloy and weight gold ?
Exactly, and that is why so many are still around.
I've always wondered about that -- what exactly was the point of this counterfeiting operation? It's not like common date QE's in indifferent Unc condition would have been worth much of a numismatic premium in the 50's. Making them would have been expensive. What was the gain?
I've always wondered about that -- what exactly was the point of this counterfeiting operation? It's not like common date QE's in indifferent Unc condition would have been worth much of a numismatic premium in the 50's. Making them would have been expensive. What was the gain?
They copied US coins because they were credible and excepted in trade. Nothing to do with coin collectors needs.
That's really interesting. So basically pre-1933 US gold was an accepted currency (like the various European sovereign/ducat-type coins were, or the Sacagawea / President dollars are now in South America, say) and some state or business entity with gold to coin thought it better to mint knockoff Liberty quarter eagles than original local designs. Wow. I never knew.
I believe it was due to gold bullion being illegal to own in the US. yet rare coins were exempt from this,
THIS
Choice Numismatics www.ChoiceCoin.com
CN eBay
All of my collection is in a safe deposit box!
Cheers, RickO