I bought these today

Lord_Dudley

Well-Known Member
Silver Stacker
Can someone please tell something about this coin? I bought from the local flea market. The seller had 20 pieces. I was tempted to get the lot but the Mrs. got the last word. I asked the guy if he had more. He's got 50 more at home. Anyway they are A$5 each as big as 1 oz Libertad this coin.
If this is genuine, I'll go back next weekend on my own so the missus wont spoil it for me.

Thanks for any info.

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Well I don't think any of us carry around a neodymium magnet when we go out!
 
Altima said:
Well I don't think any of us carry around a neodymium magnet when we go out!
um I do
and an eye piece and scales
you never know what you may find
 
$50.00 gone should have bought a magnet instead. The guy looks genuinely nice. Eastern European accent. You know like " Simples" Compare the meerkat dot com dot au

So to save me from more embarrasment. Is there a special magnet for this kind of transactions? what about a fridge magnet or an old speaker magnet?
 
There are alot of fakes. Spotted 1937 Crown, immediately can tell by its weigh, even I dont have
a scale. This is in CanningVale market. Fyi.
 
Only 15 were ever minted. Lucky your missus interjected!

The 1804 Silver Dollar or Bowed Liberty Dollar is an extremely rare United States coin with very limited production in the 1830s and 1860s, long after its face date. As there are only a total of fifteen genuine 1804 Silver Dollars known, it is not too difficult to determine which can be considered to be the finest known. Eight comprise Class I, which were minted in 1834. Two Class I specimens trace their lineage to the King of Siam and the Sultan of Muscat. One comprises Class II and six comprise Class III and were minted sometime between 1858 to 1860. Both Class II and Class III specimens were made likely made clandestinely by Mint officials

Counterfeits of the 1804 silver dollar are fairly common. Some were brought back by service personnel returning from the Vietnam War.

Various private mints have produced replicas of the 1804 dollar over the years. The replicas have little worth as collectors' items, with their silver content fetching them a price of current melt values and some collectible value as silver rounds.
Wiki
 
Lord_Dudley said:
$50.00 gone should have bought a magnet instead. The guy looks genuinely nice. Eastern European accent. You know like " Simples" Compare the meerkat dot com dot au

So to save me from more embarrasment. Is there a special magnet for this kind of transactions? what about a fridge magnet or an old speaker magnet?

I don't carry scales/eye piece around unless i am at the market or minthly meet. But if you are unfamiliar with the coin, do google it up. I usually google it up before worrying if its fake or not.
 
Espen_83 said:
Altima said:
Well I don't think any of us carry around a neodymium magnet when we go out!

I have one on my key chain, but i can't think of any time I've had use for it.

In the scrap metal game a magnet comes in handy, also for garage sale/trash n treasure markets, very important.
you can pick up any old piece of junk for 50c etc, if it doesn't stick it's at least stainless steel or aluminium :)
anything solid brass etc is a no brainer to pick up, a magnet will pay off over and over.

I get these..

http://www.ebay.com.au/itm/2-Pcs-Po...H_DefaultDomain_15&hash=item5d47799cac&_uhb=1

I've bought off 'em twice, for a measly $2.92 delivered, you get 2.
 
If you have an old hard drive around, you can use the neodymium magnet(s) in there. It's pretty easy to get them out of there. You can google youtube videos that show you how. Hope this helps!
 
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