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Omega $20 St Gaudens High Relief up for auction - ends at NOON EST Today
oih82w8
Posts: 13,304 ✭✭✭✭✭
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,...
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,...
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Comments
Title to counterfeits cannot be passed.
"Contemporary counterfeits???" Boy are they full of it!
Rember TTT said they are not counterfeit. They have the omega mark
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
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.
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, even when irrefutably accurate.
SOLD (apparently) Current Bid: $4,326.00 Shipping fee: $40
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,...
The things we do for fun. Like weighing and assaying.
It's only worth melting, to me.
Practice makes perfect & nobody is perfect. So, practice being nobody and be perfect !
Looks like poop. Anyway, IMO, too much melting going on as one refiner's junk is an educator's treasure.
it's definitely worth a premium because of the history.
@Insider2 are you saying you 5h!t gold?
Are collectible counterfeits really subject to seizure from owners who have no intent to defraud? Has it ever happened before?
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.
Would the industry/hobby collectively have a stroke if they stamped Copy on an Omega?
Good point! I think they should have had it slabbed in the educational "Counterfeit" slab rather than sell as raw.
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, even when irrefutably accurate.
You know what? I truly think it would
I wouldn't have any problem with it, At all!!
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, even when irrefutably accurate.
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, even when irrefutably accurate.
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????
Retiring at 55, what day is today?
Did I understand it correctly that the Omega pieces were made of real gold?
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,...
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
That would be the grand old RNA, Rochester Numismatic Association, home club of a couple past ANA presidents
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, even when irrefutably accurate.
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, even when irrefutably accurate.
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!
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, even when irrefutably accurate.
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/
.
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????
Retiring at 55, what day is today?
I was told they also seized 1969-S DDO cents claiming they were counterfeit? Is that true?
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????
Retiring at 55, what day is today?
Ouch!
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?
https://www.usauctiononline.com/det… may be risky to visit.
How so?
absolutely
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
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.
That's what I heard.
shouldn't be off. Both coins are .900 fine gold.
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
Unless the coin is permanently marked as a counterfeit (usually done with the word "COPY"), the US government has every right to seize it.
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
I think the question was over the silver vs. copper content
All comments reflect the opinion of the author, even when irrefutably accurate.
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.
True. They were authenticated and cleared.
Pete