1878 Goloid coin...replica or real???

Discussion in 'What's it Worth' started by tacoprincesa, May 30, 2009.

  1. tacoprincesa

    tacoprincesa New Member

    Hi, we were cleaning out an old mans house and came across some old coins....this one caught our eye....he says he's had it for years....
    How can we tell if its fake or real???
    see pic
     

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  3. desertgem

    desertgem Senior Errer Collecktor Supporter

    I don't like the font on the reverse, look at the "O" "D", etc. and compare to this real one. You may have to register to see the enlarged photos.

    http://coins.ha.com/common/view_item.php?Sale_No=1125&Lot_No=1444&src=pr

    You could weigh it and see if it weighs 14.25 grams ( 219.9 grains). If it heavier, it is a fake for sure, if it is lighter, it may be a fake or a restrike ( Judd ). If it is the same weight, then a careful checking, although it would be worth sending to a TPG if not obvious to you.

    Judd quotes that one reason it was rejected was that there was no way to tell one from one missing the gold as it looked like, and toned like a regular silver dollar. If the photo is accurate, the color is questionable. Since real one would be worth maybe a couple of thousand, handle it carefully until decided, don't try to clean or improve its appearance as that would reduce value.

    I have never handled one, but my gut feeling is that it is not real due to the lettering.
    But I would have it checked.

    And Welcome to the Forum!!

    Jim
     
  4. rzage

    rzage What Goes Around Comes Around .

    If it's a copy it's a nice one , I'd listen to DesertGems advice , definetly don't clean it in any way , even a wipe with a soft rag will scratch it . Even if it's a copy it could have some worth ,.
    rzage
     
  5. 900fine

    900fine doggone it people like me

    If real, this is either a J-1563 (struck in goloid, low r6) or a J-1564 (struck in silver, low r7).

    Yes, I know it says goloid on the coin, but the same dies were used to strike patterns in silver as well.
     
  6. 900fine

    900fine doggone it people like me

    I can't say for certain whether it's real or fake. If real, it is quite a find, that's for sure. Overall, it looks pretty good on first glance. I'm doubtful, but I would take it to a trusted dealer or submit it for authentication.

    EDIT : It's supposed to have a reeded edge. Does it ?
     
  7. ryanbrooks

    ryanbrooks Active Member

    Sorry, it's a replica. Why? That's one ugly Liberty! And they never had this design, it's just a token. ;)
     
  8. 900fine

    900fine doggone it people like me

    That's not so. It's not a token; it's a pattern.

    This was a trial design, as were so many in this time period. So were the $4 gold coins. They were not regular issue; they were all patterns.
     
  9. huntsman53

    huntsman53 Supporter**


    I agree!

    My thoughts are that it is a fake because of the look of the Obverse and the Stars on the Reverse are inconsistent (some are close together and others widely spaced apart). However, the OP needs to have the coin checked out by a Coin Professional that they can trust or take it to a Coin Show and get an opinion of a Grading Service Company. It is too hard to determine from pictures as to whether the coin is genuine or fake and if real, it is too valuable to trust to an unknown person! Below is a link to a genuine 1878 Goloid Dollar sold by Bowers & Merena, if you want to check it out.

    http://bowersmerena.com/auctions/lo...sessionno=1&catno=100&searchstring=&lotno=390


    Frank
     
  10. desertgem

    desertgem Senior Errer Collecktor Supporter

    Seems to be 2 threads about the same coin.

    Jim
     
  11. huntsman53

    huntsman53 Supporter**


    Jim,

    You are right! However, I responded to this one and won't copy and paste my reply to the other, like I have done in the past. It gets a little frustrating when you respond (Post) to one Thread and everyone is reading and responding to the other! There needs to be a feature on Cointalk that will pop-up a Red Banner when the same Poster uses the same Title in two different forums during a specific time period (say two or three days or a week).


    Frank
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    The 2 threads have been merged.
     
  13. huntsman53

    huntsman53 Supporter**


    Thanks Doug!


    Frank
     
  14. tacoprincesa

    tacoprincesa New Member

    Yes, it does have a reeded edge...
     
  15. tacoprincesa

    tacoprincesa New Member

    Yes, I did post twice by accident.....my mistake...
     
  16. FarmerB

    FarmerB Senior Member

    :(:(FAKE:(:(
    Not enough detail to be authentic, IMO
     
  17. 900fine

    900fine doggone it people like me

    Personally, I doubt it's legit. The reverse luster looks funky. Take it to a dealer and/or send it in to a major TPG.
     
  18. tonyelmaximo

    tonyelmaximo New Member

    is the real goloid gold. or silver?
     
  19. rzage

    rzage What Goes Around Comes Around .

    It's an alloy of gold and silver about 1 part gold to 20 parts silver , not sure as to the 20 parts silver but it's close .
    rzage
     
  20. monsterhare

    monsterhare New Member

    i have same coin is it real or not?

    i have same coin is it real or not?
     
  21. rzage

    rzage What Goes Around Comes Around .

    Without having the coin in hand it's impossible to tell , best advice is take it to a dealer you trust and have them look at it , or have it slabbed by PCGS , NGC , or ANACS for verification ANACS is the cheaper way to go , unless you belong to the ANA .
    rzage
     
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