I picked up this gold eagel for next to nothing and I;am courious to know . is this a real gold $10 eagel or a counterfeit. thanks
Next to nothing? A real Olympic $10 gold contains just under one-half troy ounce of gold, which would make it worth about $850 in bullion at current levels.
Looks like the first in the modern gold commemorative's if you got it cheap it is probably stolen or counterfeit material. And even as impaired as this is if real it's worth a lot more than melt. BTW I cannot authenticate from the images need to take it to professional dealer as it needs to be conserved as well as being authenticated.
I can honestly say its not stolen . if it were stolen I sure as> he double L< NOT post it here on the forum
The size and weight are correct. How much did you pay since "next to nothing" is a very relative term. In other words, $5,000 for a $15,000 coins could be considered "next to nothing". Additionally, was it in open bidding, buy it now, or was it a private purchase?
Yes i can vouch were the coin came from . the person i got the coin from is a friend who i have known for a long time . wont get into details but will say . sometimes a person who is haveing a hard time will sell things they own to make ends meat .
I don't think it's counterfeit. It's worth a small percentage above or below melt if you took it to a shop and you could purchase one rather easily for not much more than melt.
Next to nothing? Less than FMV? From a friend that is down on his luck? If that's the case, and I hope I am wrong, that's not what a friend would do.
Thank you >Tom B ......and Rickmp Iam not takeing advantage of a friend . Iam on here trying to find out if the coin is real or fake . I may have gotten this coin at half of what its worth . and to add if and when i do decide to sell this coin . my friend will profit also . I;done here no more