Just sick to death about today.

[Kas]

I was going to a nearby town to do a couple of things, and on the way I passed the fairgrounds. There were a bunch of cars parked next to one of the buildings.

I then saw a sign for an auction. Stopped went inside and looked. lots of nice stuff, and a bunch of coins. Morgans, Walker's, Barbers. indians, buffs and so on. Then I saw this sleeve with some foreign coins in it. I thought they were all foreign until I see one that's gold. I didn't know what it was but it said it was made by this guy and was suppose to be like the 1/2 dabloon. And, I see this other coin that says that it was a Fugio dollar 1776, and another that said a pillar dollar 1770. I'm thinking I know that a fugio is a good coin, didn't know what the other's were though, and thought I'd give it a try when the bidding started. Me and one other guy started to bid. It was a cash only auction and I had like 300.00 for my errands, but thought I'd try to get the coins. The auctioneer didn't have a clue as to what most of the coins were.

I bid up to my limit, and the other guy got the coins for 310.00.

I come home and look them up and this is what I find out. I'm just sick about it.

http://www.coinfacts.com/colonial_coins/brasher_doubloons/brasher_doubloon.htm

The Brasher says there is only one other known. 1/2 dabloon

http://www.coinfacts.com/colonial_coins/continental_dollars/1776_continental_dollar.htm

What a steal, I'd have gone a 1000.00 if I'd have had the cash on hand.

I'm sick about it big time. I'll never have another opportunity like that in my life.

Hope that guy knows he's a rich man.

Ken

 

Amazon Forum Fav 👍

Minelab PRO-FIND 35 Waterproof Pinpointer Metal Detector for Experts with Tone ID & Adjustable Sensitivity - Grab it through Amazon!

[Sandman]

He might be a rich man and then again he might have wasted his money on fakes. Unless you know your coins or any collectables, be Conservative in your bids at auctions.

 

[Colonial KirkPA]

Holy crap, that sucks! I would be crying, too. White's almost struck again.

 

[Kas]

They were held by a rich old man who just died at 92.

We all got a chance to look at them, handle them and everything.

I personally don't think that they were fake.

Oh well, heck. My luck.

 

[Ocean7]

well fear not because the odds are 100,000 to 1...
more likely 1 million to 1 odds
that the coin was fake! Extremely unlikely it was real.
It sounds like someone seeded the lot with obvious
fakes in hopes of getting a real high price. The Russians
have been making fake US coins for years now - most
of them rare coins for the sucker market.

 

[watercolor]

Kas, I wouldn't loose any sleep over this. . . there are a lot of replica coins that look like the real deal. You might want to check out ebay, I've seen a lot of replica (fake) coins for sale from overseas during the past couple of years. . . you name it, they can fake it.

 

[Kas]

This old guy must have been suckered years ago then. I'd say the total coins for sale were around 200. The rest of the stuff was cool old antiques, lawn equipment dolls toy trains, Etc.

 

[Mainedigger]

Cheer up, if he was rich he was no fool and surely wouldn;t have thrown authentic coins of value in with a bunch of foreign coins that had little value, so I agree with what everyone is saying....they more than likely were fakes.
However, alot of rich old men are also senile and jsut threw them all together and he surely could have afforded to buy the real deal....
I go with they were fake though. Big market for the reproductions and China and Russia and others do ALOT of forgeries of pricey rare American coins....as P.T. Barnum said...."there;s a sucker born every minute"
So you saved yourself being out the money by not buying some scrap metal reproduction. Of course though...stranger things have happened...

 

[Kas]

I hope you guys are right. Thanks for the pick me up.

I need a shot of whiskey now.

 

[stoney56]

More than likely they were reproductions, besides it's more fun to go out and find the free ones.

 

[Kas]

And to top it all off. I saved back all my money when I could have bought some nice morgans. The Morgan were going for 6.00 7.00 each.

 

[Carson Coin Master]

i will have to agree with sand man on this one. i think in all actuality you saved yourself 300.00 i have been researching these coins since i was a little kid and my dream is to someday find one. i do know that they made a ton of fakes my dad had 3 of them in his coin collection that i think he paid about 5.00 a piece for. unless you see this guy on the news sometime soon bragging about his find at the auction i wouldn't worry about it.

 

[l.cutler]

I would say you are probably very lucky. Those are some of the most commonly reproduced coins over the years. The odds of either a Brasher or a Continental dollar being found in such a way would be astronomical, both together even more so. I would bet that someone blew over $300 on a couple bucks worth of stuff.

 

[desertfox]

Kas, look at it this way. Why were there only two of you bidding on the coins? I tend to belive they were fake also. HH

Desertfox

 

[ivan salis]

did you get any of the $7 buck morgans?

 

[Kilika]

Besides, the other guy was probably a 'shill'

 

[BuckleBoy]

You'll find out the answer to whether or not they were real. Just take down a redbook and see if it still says "two known" five years from now.

Buckleboy

 

[Ricardo_NY1]

Unless you had an expert with precision measuring, weighing equipment along with a good miscroscope to verify that those coins were the real deal (I'm sure they were fakes), I would not lose sleep..........if anything be happy you saved yourself $300 something bucks.