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  1. #1

    Apr 2005
    Dayton, Oh
    46

    $5 Gold Coin - 1913

    Well, an interesting last 24 hours. First, last night, I'm checking out my fiance's backyard and got a rapid pulltab beep at about 6 inches down. After pulling the dirt plug out of the ground I noticed the coin at the bottom of the plug. First I thought it was a kid's token, but after wiping it off I saw the 13 stars around the Indian head and the date 1913 at the bottom. Man, talk about a rush!!

    Well, I went to a local coin shop to get some information on it. The owner was busy so this young kid took it, went over to the owner for a minute, then came back and said that it was a reproduction made of gold, and that they would only give me current gold value. I stated first that I didn't want to sell it, but was curious as to how he came to a quick conclusion that it was a reproduction. He said he could tell by the weight in his hand (how it felt to him) and the color it was. He didn't explain if it was too heavy or too light to be a real coin and couldn't explain his color question. After I prodded him more for more explanations, he then said that you can always tell a reproduction by a line around the edge where the two sides were in the mold. I asked him to show me a line and he said that my coin didn't have a line but that didn't mean anything, but they would be happy to give me current value for only the gold content. I left with a real bad taste in my mouth about this store. My questions to one and all are the following.

    1) Why, and did they make actual reproductions out of solid gold, and what would be the purpose?
    2) If it was just like the original, wouldn't that be illegal?
    3) Do you think he was trying to rip me off?
    4) Since it was 6 inches deep, how could it be a repro? He said "Oh, they've made them for a long time.
    Thanks to one and all for letting me ramble, but these last 24 hrs. have been a roller coaster ride......Attached are pics. of the coin. Sorry for the clarity. Seems like the scanner was having trouble with the glare of the coin.....
    Thanks!!!!!!! And as always,,,,,,Keep digging!!!! Goadster
    Attached Thumbnails Attached Thumbnails  Gold Coin - 1913-gold-indian-front.jpg  
    Attached Images Attached Images  
    Garrett Master 7X
    ACE 250

  2. #2
    us
    Tesoro Cibola

    Jul 2005
    Massachusetts
    Tesoro Cibola
    3,030

    Re: $5 Gold Coin - 1913

    Looks real at first glance

  3. #3
    Research Guru

    Jan 2005
    Tampa, Florida
    1,326

    Re: $5 Gold Coin - 1913

    They were trying to rip you off!
    http://www.heritagecoins.com/feature...d=05.00_08&s=o

    Great find! congrats!
    "Wisdom comes not from knowing everything, but  knowing from whom to ask!"

  4. #4

    Jan 2005
    Lancaster, Ohio
    e-trac
    380
    Banner Finds (1)

    Re: $5 Gold Coin - 1913

    hey goadster, I live in dayton also! nice to see someone else from dayton ! I have been up to the crossroads coin shop in Vandalia a few times and have had good luck, My brother lives closer to xenia and goes over to that shop all the time, says the guy is great, I have never been there but you might want to try him out!

  5. #5

    Apr 2005
    Dayton, Oh
    46

    Re: $5 Gold Coin - 1913

    Good to hear from a local Daytonian, Mike.......Sad to report,,,,,Crossroads Coins is exactly where I went!! I have always heard good things about it, but it just seemed like this young dude was trying to show his boss how good he was.......I was very disappointed in his actions......I'm going south of town and get another opinion. If it comes out the way that I think it should, you better believe I'm gonna go back and visit the "Crossroads" and have a talk with the owner.......Thanks to one and all, and hi to you, Mike!!

    Goadster from Dayton......
    Garrett Master 7X
    ACE 250

  6. #6
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,524
    137 times
    All Types Of Treasure Hunting

    Re: $5 Gold Coin - 1913

    Any EXACT reproduction would have to Be a Different size, Or Have the Word COPY Stamped on it.

    Otherwise it would be Counterfiet.

    My Guess, He tryed to Rip you off.

    NICE FIND

    CONGRATS.

    Jeff
    Attached Images Attached Images    
    discriminate out Spike TV and American Diggers !

  7. #7

    Apr 2005
    Dayton, Oh
    46

    Re: $5 Gold Coin - 1913

    Thanks, Jeff......I appreciate the support AND valuable information........I will keep you posted what happens so as others can stay on their toes.......,,,,Thanks again!!! Goadster from Dayton
    Garrett Master 7X
    ACE 250

  8. #8

    Mar 2005
    Minelab Explorer SE/Garrett GTI 2500/ Ace 250
    6,896
    1 times

    Re: $5 Gold Coin - 1913

    looks real to me! that guy was trying to pull a fast one! awesome find. maybe even the find of a lifetime!!!
    GTI 2500/ACE 250

  9. #9
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,524
    137 times
    All Types Of Treasure Hunting

    Re: $5 Gold Coin - 1913

    SOME INFO FROM THE RED BOOK>

    Weight 8.359 Grams

    Diameter 21.6 MM

    Reeded Edge


    one more thing, Why would Someone Counterfiet a Gold Coin that is Not an Extremely RARE Gold coin,

    With REAL GOLD ?
    discriminate out Spike TV and American Diggers !

  10. #10

    Apr 2005
    Dayton, Oh
    46

    Re: $5 Gold Coin - 1913

    Great information!! Thanks.....I will check it out and keep you posted....I hate to think that a dealer would do something like that, but I will refrain til I research some more before I go back and have a "talk" with them.......I'm off to check the diameter and weight.............Goadster from Dayton.....
    Garrett Master 7X
    ACE 250

  11. #11

    May 2005
    50

    Re: $5 Gold Coin - 1913

    Very awesome find goadster!!!!!!!!!

  12. #12
    Charter Member
    us
    May 2005
    Maryland
    MXT
    2,328
    All Types Of Treasure Hunting
    Honorable Mentions (1)

    Re: $5 Gold Coin - 1913

    WOW goadster,that is one AWESOME find!! That coin is real no doubt.I look forward to hearing what the fella has to say after you get a 2nd opinion telling you its the real mccoy.Good luck

  13. #13

    Apr 2005
    Dayton, Oh
    46

    Re: $5 Gold Coin - 1913

    While I'm on the subject of gold coins, does anyone know what kind of gold they used, such as 10K,,14K,,24K,,,,,,,or didn't they use that method As always, thanks for all of your help and comments........Goadster
    Garrett Master 7X
    ACE 250

  14. #14

    Jul 2005
    21

    Re: $5 Gold Coin - 1913

    Should be 90% gold, 10% copper. The young fellow learned his craft from the boss. This type of thing happens all the time. Congrats on the gold coin!

  15. #15

    Apr 2005
    Dayton, Oh
    46

    Re: $5 Gold Coin - 1913

    Thanks alot, Eurus.......Greatly appreciated.....
    Garrett Master 7X
    ACE 250

  16. #16
    us
    Jul 2004
    Indy
    Cz3d
    3,851

    Re: $5 Gold Coin - 1913

    Totally awesome,, WTG!!!
    Don't let'em get ya,,, I would say he wanted that coin as bad as any of us...
    Good luck & Happy hunting~

  17. #17

    Jun 2003
    San Antonio, Texas
    Whites DFX, MXT X2, Exploder, and Classic III
    431
    1 times

    Re: $5 Gold Coin - 1913

    Awesome find!!!
    Saving History, one Piece at a time!

  18. #18
    Barelyclad

    Re: $5 Gold Coin - 1913

    WOW

    Let me see. I take actual gold, smelt it and make a fake coin out of it and then I throw it away. Why didn't I think of that. If it is as suspected the dealer should be drawn and quartered. Or at least fully exposed. I wonder how he dupes little old ladies. Looks like a nice find, keep us posted.

    HH

    BC

  19. #19

    Mar 2004
    johnstown,ohio
    ace 250
    68

    Re: $5 Gold Coin - 1913

    simply put...beautiful!were you using the 250 to find it?if so did it come up in the gold section or the coin/silver section?

  20. #20

    Jan 2004
    Los Osos, CA
    Garrett GTA 1000 and ACE 250
    243

    Re: $5 Gold Coin - 1913

    It does not look as crisp as a mint coin should. if someone use a lesser amount of gold to make fakes then it would be profitable to do so. i would have i checked else where and get it weighed

 

 
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