Possible fake Gold Nugget

Discussion in 'Gold Coins' started by cfinley, Mar 4, 2015.

Page 1 of 2
  1. cfinley

    cfinley New Member

    Joined:
    Mar 4, 2015
    Messages:
    1
    Likes Received:
    0
    Trophy Points:
    0
    Hello -

    I bought the pictured coin cheaply in a bulk estate sale. It doesn't appear to match the coins issued that year (no denomination) but I can't find any similar looking fakes posted online. Is this a genuine gold coin? Thanks in advance for any help.

    [​IMG]
    [​IMG]
     
    cfinley, Mar 4, 2015
    #1
  2. whinfell

    whinfell Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2012
    Messages:
    3,327
    Likes Received:
    174
    Trophy Points:
    63
    Location:
    Australia
    No denomination - FAKE.
     
    whinfell, Mar 4, 2015
    #2
  3. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Looks way too shiny to be real.
     
    Altima, Mar 4, 2015
    #3
  4. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    Fake - hope you paid less than a buck.

    This.
     
    goldpelican, Mar 4, 2015
    #4
  5. JoeFromNorthCarolina

    JoeFromNorthCarolina New Member

    Joined:
    Feb 3, 2012
    Messages:
    488
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    looks brassy and / or bronze
     
    JoeFromNorthCarolina, Mar 4, 2015
    #5
  6. boneyard

    boneyard Well-Known Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    6,093
    Likes Received:
    426
    Trophy Points:
    83
    Location:
    55G 528505 5257160 TASSIE
    [​IMG]

    As real as all the people in this photo.
     
    boneyard, Mar 4, 2015
    #6
  7. GoldenEye

    GoldenEye Well-Known Member Silver Stacker

    Joined:
    Dec 31, 2014
    Messages:
    2,088
    Likes Received:
    3,131
    Trophy Points:
    113
    Location:
    Melbourne, Australia
    You should try weighing it, and then measure the density and it should be about 19.3. Alternatively ask a dealer to check it.
     
    GoldenEye, Mar 4, 2015
    #7
  8. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    It's *clearly* a fake - it is missing the denomination. Should have $100 on it.
     
    goldpelican, Mar 4, 2015
    #8
  9. tozak

    tozak Well-Known Member Silver Stacker

    Joined:
    May 6, 2011
    Messages:
    1,957
    Likes Received:
    79
    Trophy Points:
    48
    Location:
    Australia
    tozak, Mar 4, 2015
    #9
  10. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'
    Despite the inaccuracy, the quality is pretty good, although the mirror field is a little 'orange peely 'I reckon 'someone' put a lot of effort into that fake. They'll get better with practise :(
     
    Clawhammer, Mar 4, 2015
    #10
  11. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,594
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Very obvious fake, just the colour, how shiny it is and there fact it looks like it's coming out of a mold. no hesitation
     
    Phiber, Mar 4, 2015
    #11
  12. Miloman

    Miloman Active Member Silver Stacker

    Joined:
    Feb 21, 2013
    Messages:
    1,467
    Likes Received:
    1
    Trophy Points:
    38
    Location:
    Sydney, Australia
    It is a fake but it is a lesson in how good the fakes can look and test.

    That's not all they are faking and don't be surprised if they add the denomination in the future. Even thought they decided not to add the denomination (it's not a mistake they omitted it), they quality, weight, detail is there.

    Much better fakes exist.
     
    Miloman, Mar 5, 2015
    #12
  13. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,969
    Likes Received:
    6,624
    Trophy Points:
    113
    Location:
    Sydney
    The problem with fakes is multiplied when you don't have an original to compare against. The stacking community is insulated in this respect through existing coins, chums and reliable dealers. Newbies have little chance of spotting a fake and may hoard it for years before trying to sell it.
     
    sammysilver, Mar 5, 2015
    #13
  14. milkyspot

    milkyspot Member

    Joined:
    Jan 10, 2015
    Messages:
    161
    Likes Received:
    11
    Trophy Points:
    18
    Location:
    milky way
    if the people werent so greedy buy wanting to save some cents there would be a lot less fakes.
     
    milkyspot, Mar 6, 2015
    #14
  15. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    There is two things I have never seen missing along side that old lizard, and that is a date or denomination. It's so fake the gold plating is fake. Sorry dude, turtle-heading fakes burn honest people all the time DYODD

    What was the damage?
     
    DanielM, Mar 6, 2015
    #15
  16. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    And bingo was his name-o, there wouldn't be fakes if there wasn't a market, and that is the market
     
    DanielM, Mar 6, 2015
    #16
  17. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    How sure are you?

    Steve was so ashamed when he went home that day and he realised he forgot to add the $100 to the die, he thought he destroyed them all the next day but john the boss's itchy fingers got the best of him and he nicked 3 of them. Sounds like the story of a few unique or rare coins out there? Ha what's the chance? he should get it tested, I highly recommend the acid test
     
    DanielM, Mar 6, 2015
    #17
  18. madaw1

    madaw1 Well-Known Member

    Joined:
    Dec 5, 2011
    Messages:
    2,158
    Likes Received:
    3,228
    Trophy Points:
    113
    Location:
    Great Western Country
    Who on earth could this make it?
     
    madaw1, Mar 7, 2015
    #18
  19. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    5,404
    Likes Received:
    3,510
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    Can you peel the side of coin and see if you get the chocolate in the centre?
     
    bubblebobble2, Mar 7, 2015
    #19
  20. chrissilver

    chrissilver Member Silver Stacker

    Joined:
    Jun 10, 2013
    Messages:
    807
    Likes Received:
    9
    Trophy Points:
    18
    Location:
    United Kingdom
    You already have the answer but to everyone else; don't you think the mirror finish is a bit poor quality? Doesn't seem smooth, surely the real one is smooth even zoomed in like the photos?
     
    chrissilver, Mar 9, 2015
    #20
Page 1 of 2

Share This Page