NGC graders recently identified two counterfeit 2012 $50 American Gold Eagles with poorly defined details around Liberty's face and hair. It essentially provides three tests to confirm the accuracy of a coin. As far as low cost options go, one of the best ways to determine if the coin you wish to purchase is authentic or not is to compare it to a similar coin you own that you know is authentic. Max Spiegel, vice president of sales and marketing for NGC's parent company, Certified Collectibles Group, said the grading service has previously encountered similar counterfeits. They are the dull matte finish to match the surroundings. While it’s possible to spend thousands of dollars to ensure the authenticity of gold coins, for most folks, investing in an earth magnet, a reliable scale and caliper will help you to rule out 99% of counterfeit coins. The coin is also legal tender, but its $50 face value is purely symbolic. How do you find reputable dealers? Discussion in 'US Coins Forum' started by flyers10, Jun 14, 2006. Clothing, Shoes & Accessories. Over $3,500.00 - apply Price filter. And this one is big, bold, beautiful, and made of 0.443 troy ounces of gold. Fashion Earrings. is worth is about $0.50 to $0.75 cents of gold value. Be sure to bring a reliable portable scale with you to any gold coin buying appointment. 4-coin $50 Million Gold Coin Replica Set regularly $1,196.00 $999.00 Details -0. There is absolutely NO need for destructive testing. Sea or air shipment for mass production with door to door service Others Samples charge as mould charge and freight for samples will be on buyer's expense. 10 ounce, kilo bars) are easily tested via inexpensive hand-held ultrasound devices. The American Eagle bullion coin program was launched in 1986 with a one ounce silver $1, a tenth ounce gold $5, a quarter ounce gold $10, a half ounce gold $25 and a one ounce gold $50. In the case of the images you sent, they do not match the ones we have available on our website. If a 1oz Gold Krugerrand coin is the same colour as a 24 carat 1oz Gold Britannia coin, then it's probably a fake. Under $3,500.00 - apply Price filter. 2) 14 mgs. Images courtesy of coin dealer who wishes to remain anonymous. By the way, we never use metal calipers, as I don’t want to run the risk of scratching the coins. 12 Caesars Roman Denarius Coin Set $ 120.00 $ 96.00 Sale! In regards to use of a weigh scale, this is an excellent recommendation. Fake $50 Gold Eagles I had a guy bring me a gold eagle this morning. The PCGS CoinFacts Condition Census drops all the way down to AU-50 and includes only two examples in Mint State. The edge has the reeding (I believe that's what it's called if its not smooth.) Fantasy Issue Coins. .9999 FINE GOLD yet its a replica what do i do with this? Never Spend More Than $50 for a Raw Coin A raw coin is a coin that hasn't been graded and authenticated by a reliable grading service such as PCGS, ANACS or NGC. It was my first experience with a fake Canadian gold coin and have a feeling that it won’t be my last. A fourrée is an ancient type of counterfeit coin, ... On 31 May 2016, the ACT police have warned people to keep an eye out for fake $50 notes, which is circulating throughout Canberra in recent months. Biden silver and bronze inaugural medals being offered, Victorian-era embellished coins in Feb. 2 London sale by Dix Noonan Webb, Next €20 note to include a coating of protective varnish, Expect Jan. 11 deliveries of 2021 American Eagle bullion coins. im pretty sure this coin is fake that i received from my father years ago. Save 50.00 gold coin to get e-mail alerts and updates on your eBay Feed. CHECK OUT COINS FOR SALE IN THESE POPULAR CATEGORIES, Fake gold bullion coins in counterfeit holders, © 2020 Amos Media Company. 2014-W $50 Gold American Eagle Proof: If you look above you can see where there were 28,703 $50 proof gold coins issued by the U.S. Mint in 2014. Not all gold coins weigh the same, even if they contain the same gold content, so it’s important to know in advance how much an authentic gold coin should weigh. 2008 W Gold American Buffalo Bullion Coin Four Coin Set - $50 $25 $10 $5 - Burnished: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Really, the prices will vary from dealer to dealer, and from coin to coin. The grade on the grading label insert also designates the coin's condition as MS70, for Mint State 70, a grade that would not apply to a Proof coin. 02 $50 American Gold Eagles measure 1.287 inches in diameter and weigh 1.0909 troy ounces. Keep up the good work! The coin follows the design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design. The value of gold changes every day. The American Buffalo, also known as a gold buffalo, is a 24-karat bullion coin first offered for sale by the United States Mint on June 22, 2006, and available for shipment beginning on July 13. Collectibles. is it still worth anything even though its fake?? Tony can be reached at sales@atlantagoldandcoin.com or at 404-236-9744. We have used the American Weigh digital pocket scale for years, which we have found to be very reliable. $4.95 shipping. Nice! The dealer also determined the suspect coin and holder together weighed 10 grams lighter than what a genuine coin in its encapsulation would weigh. While more expensive than investing in a scale and caliper, a Fisch fake gold coin tester should last during your entire gold coin investing lifetime. The 1-ounce gold Proof 2011-W American Buffalo $50 gold coin illustrated is counterfeit as is the NGC holder and the label on which the grading information is imprinted. Between the 1860's and about 1881, platinum was used, in Spain, to counterfeit gold coins including sovereigns. We met yesterday with an individual that was interested in selling a Canadian gold maple leaf coin. The American Eagle bullion coin program was launched in 1986 with a one ounce silver $1, a tenth ounce gold $5, a quarter ounce gold $10, a half ounce gold $25 and a one ounce gold $50. This page also shows coins … "Both the coins and holder parts are counterfeit. Gold is worse, the average one ounce gold coin here is about 4 grand when the ounce of gold is about $2300 at the moment. The gold-colored coin, featuring two eagles and inscribed with the words “1 OZ. This site uses Akismet to reduce spam. If you only invest in one or two types of gold coins, this is probably a worthwhile investment. The security feature consists of an intricately micro-engraved design produced with laser technology. For those who do not know how to perform a specific gravity test, please refer to the procedure as described by swamperbob posted on 02/17/2008 at 10:48 pm @ Fake Canada Gold Maple Leafs are being sold from China by the Shenzhen Shun Xin Da Handicraft Co., Ltd. They were .999 fine, guaranteed by the Government of Canada for weight and purity, and before long, they became one of the world’s most popular fine Gold coins. Call Us (888) 992-4272 or Buy Online at BGASC.com. A wide variety of replica coins options are available to you, There are 673 replica coins suppliers, mainly located in Asia. 22k gold coins, such as American gold eagles and South African gold … The reverse side is the Buffalo. The CBS6 Albany New York News report is @ https://www.youtube.com/watch?v=Bw5qjYIuHNc. 19 results for 50.00 gold coin. When it reappeared at auction in 2003, it set a record price for the issue … However, if the same metal used to produce the authentic gold coin isn’t used in the production of the counterfeit coin, then the diameter and/or thickness of the coin is unlikely to match the specifications of the authentic coin. For those who are not aware, the audit conducted by the U.S. Treasury on September 13, 2012 on the gold stored in the New York Federal Reserve can be read @ http://www.globalresearch.ca/us-gold-reserve-audit-show/5326810. From 1979 - 1982 Canadian 1 oz. TENSOR LIGHT - used by many numismatists to examine and grade coins. One ounce 24k gold coins, such as Canadian gold maple leaf coins, should weigh 31.1 grams. 1 Ounce $50 Gold Buffalo Coin Replica * $50 1 Oz. * Pressed with buffalo image. While the 91.67% gold coin contains one ounce of pure gold, it’s composition is also 3% silver and 5.33% copper to help make the coin more wear resistant. Even though a coin might be in a plastic holder of some kind, unless it is in a top grading service holder, it doesn't offer any protection against counterfeiting. .9999 FINE GOLD yet its a replica what do i do with this? Discussion in 'What's it Worth' started by 08curranc, May 15, 2011. Save this search. Make Offer - 2016-W $50 Gold Buffalo PCGS PR70DCAM First Strike 24kt bullion coin 2008-W $25 1/2 OUNCE AMERICAN BUFFALO .9999 FINE GOLD PCGS PR70 DCAM — REGISTRY! 1861 Gold Double Eagle Solid Gold Replica $129.95 Details -62. FAKE? .9999 FINE GOLD IN GOD WE TRUST) KM# 393 coin and its complete list of years and varieties with prices and values. Be sure to check the thickness as well as the diameter of the coin, as it’s possible to produce a counterfeit coin using a different metal that has the same weight and diameter, but a different thickness than the original. Canadian gold maple leafs are among the most common coins that we purchase, so we didn’t expect this transaction to be much different than any other. A Gold Eagle did not ring even a little bit, no matter how many times we tried it, even though other coins rang like a bell, proving we were using ringer correctly. "We think we have even detected a fake coin with the Ringer. First issued in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain, the Mexican 50 Peso gold coin is also known as the Centenario. These instruments are generally sold in a wallet and include fake gold coin detectors for each denomination gold coin in a series. The audit procedure did require minor partial destructive testing by drilling holes into some of the gold bars to extract test samples for assay. 1986 gold $50 canadian maple leaf. Buy. 1 Ounce Gold American Eagle Coin Replica * 1 Oz. counterfeit coins was the price. NGC graders recently identified two counterfeit 2012 $50 American Gold Eagles with poorly defined details around Liberty's face and hair. The fakes are getting better and better, so it’s up to us to stay on top of the trends and make sure that we’re only offering high quality genuine product to our customers. My X brought over this coin and it's puzzling me. In summary, while there’s very little to be concerned about if purchasing gold coins from a reputable coin dealer, we recommend that you take appropriate steps when entering into a private transaction or conducting business with a coin dealer that doesn’t have an established track record. During 2012 there was the notorious scam in which tungsten was discovered to be sophistically imbedded into fake gold bullion bars. The detail on this counterfeit 1877 $2.50 Liberty gold coin (left) shows limited sharpness throughout. 2008 W Gold American Buffalo Bullion Coin Four Coin Set - $50 $25 $10 $5 - Burnished: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Low Prices, In Stock, Fast Shipping. The two types of coins are virtually identical otherwise. Several other options are available to individuals that wish to confirm the authenticity of their coins, including some expensive and not so expensive options. from £820.90. 08curranc New Member. However, the numismatic value still far outweighs the intrinsic value of the gold. 5 out of 5 stars (3) 3 reviews. At the time, the coin’s face value more closely coincided with the spot price of gold, but now the inherent value of these coins in gold is far greater than ever before. Nothing is perfect but if you buy from dealers who are members of the American Numismatic Association, Industry Council for Tangible Assets, or Professional Numismatists Guild, that is better than if they are not. "We are researching both the origins of these counterfeit holders as well as enhanced security features for our holders. Bitcoin Gold Plated Physical Coin Commemorative Collection Fathers Day Gift. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. By the time the BBB catches on, such sellers are often long gone. If the seller is members of all three, that is especially good. Since tungsten has a specific gravity almost exactly the same as gold, the weigh test, the outside measurement test and the specific gravity test would not work to detect fake gold objects with imbedded tungsten. 1908 Quarter Eagle 2.50 Dollar Indian Head Gold Plated Coin replica BadgesandpinsGB. View: Sort by: Gold Proof 2004 Fifty Pence Piece - Roger Bannister Boxed In Stock. Coin Forum. For durability, most gold coins in the Western World have been alloyed with copper. 1972 dime error? Police are looking for a man who used a counterfeit $50 coin to make a purchase at an Urbandale gas station in February. The Royal Mint often produces proof versions of circulated currency as collectables; special themed proof coins to commemorate people, organisations, events, and history. At the end of the day, it’s really just a matter of personal preference, but in my opinion, verifying the dimensions of the coin cannot be overlooked. Clad in 14 mgs. http://www.coincommunity.com/forum/topic.asp?ARCHIVE=true&TOPIC_ID=24689#201659 When the dealer compared the diagnostics on the suspicious coin against a known genuine example in his inventory, he determined that some design elements on the suspect coin were incomplete, including detail on the eagle feathers. 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