It's probably counterfeit. That said, it's probably 90% gold also as these counterfeits tend to be. Even if genuine, it's a scrap coin. Take it to your local dealer and verify the gold content. It's worth about $350 if 90% gold.
I was thinking the same thing. Could just be die buckle and odd lighting making it look this way, but the pics aren’t good enough to make a determination.
@Chevy1974, these $2.50 gold coins are among the most heavily counterfeited U.S. issues. There are stories of collectors who unknowingly assembled complete sets which turned about to be fake. That’s why many here are questioning the authenticity of your coin.
It has the appearance of something that is ex-jewelry. If so, it is likely worth its bullion value plus or minus a few dollars. Current bullion value can be seen easily at Conflation-
@Chevy1974 Do you have access to a coin dealer or maybe a local coin club? It’s tough to make an educated judgement based on a screen shot. A dealer can test it and make you an offer based on the coin, rather than a pic. Value is always based on what someone is willing to pay. If it’s real there is a basic scrap (melt) value they will offer. About 446,000 of those were minted and the value peaked about 15 years ago. Melt value is about $350, a collector might go to $450 ish if the coin hasn’t been cleaned or polished.
Probably genuine, ruined by the heavy polishing. Gold value approx. $350 at today's close.
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.
Comments
It's probably counterfeit. That said, it's probably 90% gold also as these counterfeits tend to be. Even if genuine, it's a scrap coin. Take it to your local dealer and verify the gold content. It's worth about $350 if 90% gold.
It was handed down from my great grandmother to my mother, its authentic
Looks counterfeit to me. Either way it appears to be cleaned so it's most likely just a bit over melt.
Authenticity isn't established that way.
Looks genuine to me, just heavily cleaned/polished and harsh lighting makes it look weird. Worth a bit more than melt.
Rims don’t look right
Value is determined by authenticity and condition or state of preservation.
I was thinking the same thing. Could just be die buckle and odd lighting making it look this way, but the pics aren’t good enough to make a determination.
@Chevy1974, these $2.50 gold coins are among the most heavily counterfeited U.S. issues. There are stories of collectors who unknowingly assembled complete sets which turned about to be fake. That’s why many here are questioning the authenticity of your coin.
It has the appearance of something that is ex-jewelry. If so, it is likely worth its bullion value plus or minus a few dollars. Current bullion value can be seen easily at Conflation-
https://www.coinflation.com/gold_coin_values.html
In honor of the memory of Cpl. Michael E. Thompson
@Chevy1974 Do you have access to a coin dealer or maybe a local coin club? It’s tough to make an educated judgement based on a screen shot. A dealer can test it and make you an offer based on the coin, rather than a pic. Value is always based on what someone is willing to pay. If it’s real there is a basic scrap (melt) value they will offer. About 446,000 of those were minted and the value peaked about 15 years ago. Melt value is about $350, a collector might go to $450 ish if the coin hasn’t been cleaned or polished.
Probably genuine, ruined by the heavy polishing. Gold value approx. $350 at today's close.
$350 if real but that coin does not appear to be genuine. RGDS!