vthepresident
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- Dec 30, 2007
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IT'S REAL!!! IT'S REAL!!! 170 YEAR OLD North Carolina Gold Coin!! *NEW PICTURES*
You guys are probably all going to make fun of me. How many times does some clown post a picture of a coin he or she bought at a yard sale or a pawn shop that turns out to be a replica or a car wash token? At least fifty times a day.
Well, I am hoping that I am not that clown. However, I am fully prepared to don my polka dotted suit and put on my makeup. I can promise you I will be the sad kind of clown. Definitely not the happy kind. Here is my story,
After enjoying a most excellent day off from work with the first lady, we had one more stop to look at quilting supplies for her before we went home to eat some of her delicious spaghetti casserole. Keep in mind, she was so kind as to let me purchase a coin earlier in the day to add to my "19th Century Coins" type set (1877 seated half dollar). So, I was definitely not going to be in the coin market again for a while. Anyway, I said, "Can we swing by the pawn shop?" There is a nice pawn shop right down the road from our place, and the guy doesn't pay much attention to the dates on the coins he gets. He normally buys and sells based on silver and gold weight alone. She most graciously said "yes" and in we went. The place was crawling with pawners, so we had to wait for a while to get to the counter that has coins in it. I noticed two things...
#1. There were a lot of coins there that weren't there about a week ago. Normally the guys has a little display with 10 or 15 coins in it. Today there were 4 double eagles, a large stack of silver dollars, and many various older silver coins. It looked like a good portion of a collection had been turned in.
#2. There was another coin person there ahead of me shopping the case. The guy was discussing one coin in particular that I gathered might be a gold one. The shopper was struggling with the same decision I would soon be struggling with. At last, I heard him say, " I will go home and research this, and then I'll probably come back for it."
My interest was now perked.
After a thug bought a gun and a Mexican guy hocked a guitar, it was our turn. I know the owner pretty well, and he greeted me as he got the coin display out for me. The first lady and I perused the contents and I immediately found the gold coin. At first I thought it was a foreign coin, but when I flipped it, I saw "Carolina Gold" on the back. I thought right away it was probably a replica. However, not to be daunted, I asked the owner if he had tested the gold content and what the price was. He said he had not tested it but we could right there on the spot. He wanted $55, which was the price of the weight in gold. I didn't want him to scratch it to test it, so I trusted his eye for real gold and moved on. I wasn't about to ask for $55 more dollars from the first lady for more coins, so I paid the guy $1.60 for a busted up holed capped bust dime and a busted up holed seated dime and we left.
But it nagged at me. In fact, it chewed at me and pictures in my head appeared of redbook pages chronicling territorial issue gold coins and some other dude purchasing it before me. In the end, the First Lady convinced ME that we should go get it just in case it was real. So we did. I now own it. It looks just like the pictures in the Red Book. It is a Rutherford Bechtler gold dollar. Or a replica. Please, Treasurenet experts! Please tell me it's real!
If it's not, so be it, but I'm hoping the gold content will make it worth something even if it is more modern.
Any input will be appreciated,
V
You guys are probably all going to make fun of me. How many times does some clown post a picture of a coin he or she bought at a yard sale or a pawn shop that turns out to be a replica or a car wash token? At least fifty times a day.
Well, I am hoping that I am not that clown. However, I am fully prepared to don my polka dotted suit and put on my makeup. I can promise you I will be the sad kind of clown. Definitely not the happy kind. Here is my story,
After enjoying a most excellent day off from work with the first lady, we had one more stop to look at quilting supplies for her before we went home to eat some of her delicious spaghetti casserole. Keep in mind, she was so kind as to let me purchase a coin earlier in the day to add to my "19th Century Coins" type set (1877 seated half dollar). So, I was definitely not going to be in the coin market again for a while. Anyway, I said, "Can we swing by the pawn shop?" There is a nice pawn shop right down the road from our place, and the guy doesn't pay much attention to the dates on the coins he gets. He normally buys and sells based on silver and gold weight alone. She most graciously said "yes" and in we went. The place was crawling with pawners, so we had to wait for a while to get to the counter that has coins in it. I noticed two things...
#1. There were a lot of coins there that weren't there about a week ago. Normally the guys has a little display with 10 or 15 coins in it. Today there were 4 double eagles, a large stack of silver dollars, and many various older silver coins. It looked like a good portion of a collection had been turned in.
#2. There was another coin person there ahead of me shopping the case. The guy was discussing one coin in particular that I gathered might be a gold one. The shopper was struggling with the same decision I would soon be struggling with. At last, I heard him say, " I will go home and research this, and then I'll probably come back for it."
My interest was now perked.
After a thug bought a gun and a Mexican guy hocked a guitar, it was our turn. I know the owner pretty well, and he greeted me as he got the coin display out for me. The first lady and I perused the contents and I immediately found the gold coin. At first I thought it was a foreign coin, but when I flipped it, I saw "Carolina Gold" on the back. I thought right away it was probably a replica. However, not to be daunted, I asked the owner if he had tested the gold content and what the price was. He said he had not tested it but we could right there on the spot. He wanted $55, which was the price of the weight in gold. I didn't want him to scratch it to test it, so I trusted his eye for real gold and moved on. I wasn't about to ask for $55 more dollars from the first lady for more coins, so I paid the guy $1.60 for a busted up holed capped bust dime and a busted up holed seated dime and we left.
But it nagged at me. In fact, it chewed at me and pictures in my head appeared of redbook pages chronicling territorial issue gold coins and some other dude purchasing it before me. In the end, the First Lady convinced ME that we should go get it just in case it was real. So we did. I now own it. It looks just like the pictures in the Red Book. It is a Rutherford Bechtler gold dollar. Or a replica. Please, Treasurenet experts! Please tell me it's real!
If it's not, so be it, but I'm hoping the gold content will make it worth something even if it is more modern.
Any input will be appreciated,
V
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