Home› U.S. Coin Forum

Omega $20 St Gaudens High Relief up for auction - ends at NOON EST Today

oih82w8oih82w8 Posts: 12,614 ✭✭✭✭✭
in U.S. Coin Forum

Anyone here bidding on this "coin"? Last I looked it was over $4K.


https://www.usauctiononline.com/details/1907-20-00-omega-high-relief/30185137/

oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...

Comments

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Title to counterfeits cannot be passed.

  • CaptHenwayCaptHenway Posts: 32,813 ✭✭✭✭✭

    "Contemporary counterfeits???" Boy are they full of it!

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Image does not magnify... I would like to see the enlarged picture....and have @Insider2 comment.... He may have viewed this exact coin at some point.....Cheers, RickO

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Looks like some kind of law enforcement auction. I tried to contact them with no luck. I think $5000 would pry one I have in a "Counterfeit" slab out of my sticky hands. I sold one to a collector for $2700 in the mid-1980's.

  • WashingtonianaWashingtoniana Posts: 278 ✭✭✭

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • oih82w8oih82w8 Posts: 12,614 ✭✭✭✭✭

    SOLD (apparently) Current Bid: $4,326.00 Shipping fee: $40

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭

    The things we do for fun. Like weighing and assaying.

    It's only worth melting, to me.

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

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Looks like poop. Anyway, IMO, too much melting going on as one refiner's junk is an educator's treasure.

  • stevebensteveben Posts: 4,639 ✭✭✭✭✭

    it's definitely worth a premium because of the history.

    @Insider2 are you saying you 5h!t gold?

  • WashingtonianaWashingtoniana Posts: 278 ✭✭✭

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

  • BillJonesBillJones Posts: 34,847 ✭✭✭✭✭
    edited April 28, 2018 5:11AM

    @Insider2 said:
    Looks like some kind of law enforcement auction. I tried to contact them with no luck. I think $5000 would pry one I have in a "Counterfeit" slab out of my sticky hands. I sold one to a collector for $2700 in the mid-1980's.

    Let's see ... The Federal Government can confiscate 1933 double eagles that were made legally in the Philaelphia Mint, and yet it can auction off a counterfeit which it is supposed to be ILLEGAL to own.

    Is it any wonder that our justice system is in the crapper?

    I just looked at the link. It's enough to make me puke. I guess the Hobby Protection Act doesn't mean a damn thing. The Government can openly sell counterfeits without the word "COPY" on them.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭

    Would the industry/hobby collectively have a stroke if they stamped Copy on an Omega?

    ANA-LM, NBS, EAC
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    Good point! I think they should have had it slabbed in the educational "Counterfeit" slab rather than sell as raw.

  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • crazyhounddogcrazyhounddog Posts: 14,071 ✭✭✭✭✭

    @shorecoll said:
    Would the industry/hobby collectively have a stroke if they stamped Copy on an Omega?

    You know what? I truly think it would :D I wouldn't have any problem with it, At all!!

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @BillJones said:

    @Insider2 said:
    Looks like some kind of law enforcement auction. I tried to contact them with no luck. I think $5000 would pry one I have in a "Counterfeit" slab out of my sticky hands. I sold one to a collector for $2700 in the mid-1980's.

    Let's see ... The Federal Government can confiscate 1933 double eagles that were made legally in the Philaelphia Mint, and yet it can auction off a counterfeit which it is supposed to be ILLEGAL to own.

    Is it any wonder that our justice system is in the crapper?

    I just looked at the link. It's enough to make me puke. I guess the Hobby Protection Act doesn't mean a damn thing. The Government can opening sell counterfeits without the word "COPY" on them.

    Actually, that site is NOT A LAW ENFORCEMENT AUCTION. It's a private enterprise specializing in bankruptcies and seizures.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @shorecoll said:
    Would the industry/hobby collectively have a stroke if they stamped Copy on an Omega?

    Frankly, they should. @Rogerb raised this issue with regard to TPGs earlier. If you leave them in circulation, they will ultimately be used to defraud someone. Oddly, it appears that we have zero tolerance for Chinese counterfeits, but we just love domestic counterfeits.

    Next time someone asks you to help shut down a counterfeit on eBay, tell them that you think counterfeits should be bought and sold.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • blitzdudeblitzdude Posts: 6,612 ✭✭✭✭✭

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Ebay, Amazon etc. are FULL of counterfeits. Many being bought and sold right here on US soil. The feds have ZERO interest in stopping deceptive counterfeits so it would be highly unlikely IMO that they would bat an eye at a "collectible" counterfeit.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • oih82w8oih82w8 Posts: 12,614 ✭✭✭✭✭

    Did I understand it correctly that the Omega pieces were made of real gold?

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    I don't believe it. Name of coin club and speaker please.

  • WashingtonianaWashingtoniana Posts: 278 ✭✭✭

    @Insider2 said:

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    I don't believe it. Name of coin club and speaker please.

    even if it happened, whoever confiscated the counterfeits might have been misinterpreting the law, or might have misunderstood the historical angle of the presentation - obviously, it doesn't happen much, so most federal law enforcement people have either decided collectible counterfeits aren't subject to seizure or that it's a waste of their time

  • RINATIONALSRINATIONALS Posts: 171 ✭✭✭

    @Insider2 said:

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    I don't believe it. Name of coin club and speaker please.

    That would be the grand old RNA, Rochester Numismatic Association, home club of a couple past ANA presidents

    buying Rhode Island Nationals please email, PM or call 401-295-3000
  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @Insider2 said:

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    I don't believe it. Name of coin club and speaker please.

    Rochester Numismatic Association. I forget the name of the speaker.

    And eff you for calling me a liar.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @Washingtoniana said:

    @Insider2 said:

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    I don't believe it. Name of coin club and speaker please.

    even if it happened, whoever confiscated the counterfeits might have been misinterpreting the law, or might have misunderstood the historical angle of the presentation - obviously, it doesn't happen much, so most federal law enforcement people have either decided collectible counterfeits aren't subject to seizure or that it's a waste of their time

    It only doesn't happen because the Feds don't have the bandwidth to run them all down. I'm not exactly sure why they decided to make a point on that night. All of the old newsletters are online if you want to go through them all looking for the story.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭
    edited April 26, 2018 4:05PM

    @jmlanzaf said:

    @Insider2 said:

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    I don't believe it. Name of coin club and speaker please.

    Rochester Numismatic Association. I forget the name of the speaker.

    And eff you for calling me a liar.

    Thank you! If John Jay Pittman would have been alive and at the meeting, I'll bet nothing would have been taken.

    Now, let me make something PERFECTLY CLEAR to anyone here who may not have been properly...ah, who may not have a grasp of...ah, never mind. Let's just say that where I come from, there is a fighting difference between "I don't BELIEVE you" and "You are a dirty stinking liar making up stories so you look knowledgeable and important!" Before I believe something posted, I want proof. Posting Rochester Numismatic Association meeting gets me half way there. Hopefully, someone who was at the meeting (if not you) can give us all a detailed accounting of your story.

    PS I say what I mean instead of using "whiny :'( mouse words" like "eff" that need to be explained to me by a co-worker! :)

  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @Washingtoniana said:

    @Insider2 said:

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    @Insider2 said:

    @jmlanzaf said:

    @Washingtoniana said:

    @jmlanzaf said:

    @Washingtoniana said:

    @RogerB said:
    Title to counterfeits cannot be passed.

    is this a law somewhere or a curmudgeonly wish?

    It's a law. Possession of a counterfeit is subject to seizure. Treasury does not mess around with counterfeits of U.S. coins

    Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?

    Yes. About 20 years ago, one of our club members gave a talk on counterfeit coins. The Feds saw the announcement of the talk, showed up and confiscated his entire collection of counterfeits.

    I don't believe it. Name of coin club and speaker please.

    Rochester Numismatic Association. I forget the name of the speaker.

    And eff you for calling me a liar.

    Thank you! If John Jay Pitman would have been alive and at the meeting, I'll bet nothing would have been taken.

    Now, let me make something PERFECTLY CLEAR to anyone here who may not have been properly...ah, who may not have a grasp of...ah, never mind. Let's just say that where I come from, there is a fighting difference between "I don't BELIEVE you" and "You are a dirty stinking liar making up stories so you look knowledgeable and important!" Before I believe something posted, I want proof. Posting Rochester Numismatic Association meeting gets me half way there. Hopefully, someone who was at the meeting (if not you) can give us all a detailed accounting of your story.

    PS I say what I mean instead of using "whiny :'( mouse words" like "eff" that need to be explained to me by a co-worker! :)

    John Jay Pittman was probably there, it was before he had passed away if I'm not mistaken. Of course, John Jay Pittman is the person who prevented the sale of the Farouk Double Eagle by getting it pulled from the auction to prevent its seizure.

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • dcarrdcarr Posts: 9,153 ✭✭✭✭✭
    edited April 26, 2018 4:13PM

    So the Government has never incorrectly seized anything ?

    Note that the US Government seized a large quantity of NORFED "Liberty Dollars" declaring that they were "counterfeits".
    A widely-publicized trial resulted in the maker of the Liberty Dollars being convicted of "counterfeiting".

    But then later on the US Government returned a large quantity of these NORFED "Liberty Dollars" to their individual owners.

    https://coinweek.com/bullion-report/eight-years-after-seizure-feds-to-return-liberty-dollars-to-owners/

    .

    Moonlight Mint
  • blitzdudeblitzdude Posts: 6,612 ✭✭✭✭✭

    @oih82w8 said:
    Did I understand it correctly that the Omega pieces were made of real gold?

    Yes, correct gold content from Mexican gold 50 peso coins according to TTT. Colour was supposedly off a bit as a result.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @dcarr said:
    So the Government has never incorrectly seized anything ?

    Note that the US Government seized a large quantity of NORFED "Liberty Dollars" declaring that they were "counterfeits".
    A widely-publicized trial resulted in the maker of the Liberty Dollars being convicted of "counterfeiting".

    But then later on the US Government returned a large quantity of these NORFED "Liberty Dollars" to their individual owners.

    https://coinweek.com/bullion-report/eight-years-after-seizure-feds-to-return-liberty-dollars-to-owners/

    .

    I was told they also seized 1969-S DDO cents claiming they were counterfeit? Is that true?

  • blitzdudeblitzdude Posts: 6,612 ✭✭✭✭✭

    IMO every US dollar the fed prints is counterfeit, counterfeit toilet paper. lulz

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • GluggoGluggo Posts: 3,566 ✭✭✭✭✭
    edited April 26, 2018 5:19PM

    Ouch!

  • sellitstoresellitstore Posts: 3,053 ✭✭✭✭✭

    IMO every US dollar the fed prints is counterfeit, counterfeit toilet paper.

    Yet sellers of gold coins are more than willing to exchange their gold for "counterfeit toilet paper"? They must all be fools, right?

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    https://www.usauctiononline.com/det… may be risky to visit.

  • jwittenjwitten Posts: 5,238 ✭✭✭✭✭

    @topstuf said:
    https://www.usauctiononline.com/det… may be risky to visit.

    How so?

  • blitzdudeblitzdude Posts: 6,612 ✭✭✭✭✭

    @sellitstore said:
    IMO every US dollar the fed prints is counterfeit, counterfeit toilet paper.

    Yet sellers of gold coins are more than willing to exchange their gold for "counterfeit toilet paper"? They must all be fools, right?

    absolutely

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • JBKJBK Posts: 16,475 ✭✭✭✭✭

    @dcarr said:
    So the Government has never incorrectly seized anything ?

    Note that the US Government seized a large quantity of NORFED "Liberty Dollars" declaring that they were "counterfeits".
    A widely-publicized trial resulted in the maker of the Liberty Dollars being convicted of "counterfeiting".

    But then later on the US Government returned a large quantity of these NORFED "Liberty Dollars" to their individual owners.

    https://coinweek.com/bullion-report/eight-years-after-seizure-feds-to-return-liberty-dollars-to-owners/

    .

    I was part of the group who petitioned to get their seized property back. I was small potatoes, successfully having 20 one ounce copper "dollars" returned.

  • CaptHenwayCaptHenway Posts: 32,813 ✭✭✭✭✭

    @Insider2 said:

    @dcarr said:
    So the Government has never incorrectly seized anything ?

    Note that the US Government seized a large quantity of NORFED "Liberty Dollars" declaring that they were "counterfeits".
    A widely-publicized trial resulted in the maker of the Liberty Dollars being convicted of "counterfeiting".

    But then later on the US Government returned a large quantity of these NORFED "Liberty Dollars" to their individual owners.

    https://coinweek.com/bullion-report/eight-years-after-seizure-feds-to-return-liberty-dollars-to-owners/

    .

    I was told they also seized 1969-S DDO cents claiming they were counterfeit? Is that true?

    That's what I heard.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • derrybderryb Posts: 37,703 ✭✭✭✭✭

    @blitzdude said:

    @oih82w8 said:
    Did I understand it correctly that the Omega pieces were made of real gold?

    Yes, correct gold content from Mexican gold 50 peso coins according to TTT. Colour was supposedly off a bit as a result.

    shouldn't be off. Both coins are .900 fine gold.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • derrybderryb Posts: 37,703 ✭✭✭✭✭

    Unless the coin is permanently marked as a counterfeit (usually done with the word "COPY"), the US government has every right to seize it.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • jmlanzafjmlanzaf Posts: 36,892 ✭✭✭✭✭

    @derryb said:

    @blitzdude said:

    @oih82w8 said:
    Did I understand it correctly that the Omega pieces were made of real gold?

    Yes, correct gold content from Mexican gold 50 peso coins according to TTT. Colour was supposedly off a bit as a result.

    shouldn't be off. Both coins are .900 fine gold.

    I think the question was over the silver vs. copper content

    All comments reflect the opinion of the author, evn when irrefutably accurate.

  • BillJonesBillJones Posts: 34,847 ✭✭✭✭✭

    @oih82w8 said:
    Did I understand it correctly that the Omega pieces were made of real gold?

    Yes, but if you take a little less than an ounce of gold and can sell it for the price or "bargain price" for a genuine High Relief $20 gold, there is a significant profit to be made. This is true for many of the gold counterfeits that have been spotted over the years.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BuffaloIronTailBuffaloIronTail Posts: 7,551 ✭✭✭✭✭

    @Insider2 said:

    @dcarr said:
    So the Government has never incorrectly seized anything ?

    Note that the US Government seized a large quantity of NORFED "Liberty Dollars" declaring that they were "counterfeits".
    A widely-publicized trial resulted in the maker of the Liberty Dollars being convicted of "counterfeiting".

    But then later on the US Government returned a large quantity of these NORFED "Liberty Dollars" to their individual owners.

    https://coinweek.com/bullion-report/eight-years-after-seizure-feds-to-return-liberty-dollars-to-owners/

    .

    I was told they also seized 1969-S DDO cents claiming they were counterfeit? Is that true?

    True. They were authenticated and cleared.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...