PCGS unboxing of quarter eagle gold coins with a counterfeit.

  Рет қаралды 98,475

Dr. G

Dr. G

7 жыл бұрын

Have some fun guessing the grade on these pre 33 gold quarter, and half eagles. Also find the counterfeit.

Пікірлер: 513
@financier7634
@financier7634 7 жыл бұрын
Love watching you videos Dr. I'm shocked to see how little subscribers you have. I love watching and living vicariously through you, haha!
@Dr.G
@Dr.G 7 жыл бұрын
Haha, thanks. I have fun doing them. I do these mostly for myself. One day I'll look back at them and remember what I was doing when I was younger. LOL It's just an added bonus to me if other people enjoy them as well. Thanks for the comment.
@kurtsarachick9221
@kurtsarachick9221 4 жыл бұрын
I know right... lol I work 7 days a week and don't have the time or money to do what he does. .... but I damn sure am addicted to watching it.
@RelicHuntingSouthTexas
@RelicHuntingSouthTexas 5 жыл бұрын
Just found your channel and subscribed. Great video. Love the unveilings. I am new to collecting and never knew of gold Indian quarters. They are amazingly beautiful. Thanks for sharing.
@Dr.G
@Dr.G 5 жыл бұрын
Get your collection together and make some videos. LOL I'd love to see it. 👍😊
@icon2012
@icon2012 6 жыл бұрын
i appreciate the way you present your coins in a way that lets the novice try to learn what to look for as far as guessing grading.
@icon2012
@icon2012 6 жыл бұрын
i have to think that they may have graded them 1st in a group and then slabbed them incorrectly. that 1928 was definitely damaged. no offense. still great coins one and all
@Dr.G
@Dr.G 6 жыл бұрын
Thanks Icon2012. I'm glad you enjoyed it.
@RockHudrock
@RockHudrock 5 жыл бұрын
It's always fun to hear your genuine reactions
@Dr.G
@Dr.G 5 жыл бұрын
Thanks Bob. Sometimes they get me by surprise. LOL
@rrpalme2
@rrpalme2 4 жыл бұрын
How much to have graded ?
@VerticalStacker
@VerticalStacker 5 жыл бұрын
Nice video. Appreciated the way you went about revealing each slab.
@Dr.G
@Dr.G 5 жыл бұрын
Thanks my friend. Glad you liked it.
@MetalBum
@MetalBum 5 жыл бұрын
Nice man very good videos bro. Love this Love pre 33s to
@IrisFinch1930
@IrisFinch1930 7 жыл бұрын
I have yet to buy any gold, so you're pretty lucky with a great collection. Nice video and keep them coming.
@CSAN
@CSAN 4 жыл бұрын
A fun and very enlightening video, my friend! I enjoy seeing your reaction as you view and reveal the grade. Grades were seemingly a bit all over the place. Interns at PCGS getting a crack at assigning grades?🤔😂 Thanks for this. The 32S is still nice in the holder
@Dr.G
@Dr.G 4 жыл бұрын
Yeah, that was my first video and I didn't have a clue. LOL. But it sure was fun. Learning new things seems to be my greatest pleasure now a days. This hobby is so "deep" It looks like I'll be enjoying it for a long time. :) I realize now that I could have done a video on each one of those coins. Hahah. Thanks for the comment my friend.
@meteoman7958
@meteoman7958 7 жыл бұрын
Excellent video! The MS63 probably was a lamination error and hence legit. Now I am off to watching all your other videos. Subbed.
@Dr.G
@Dr.G 7 жыл бұрын
Yea, pretty strange. Thanks for watching. Subbed as well.
@akeman21
@akeman21 7 жыл бұрын
This was fun, great video for gradig training. Subbed.
@Dr.G
@Dr.G 7 жыл бұрын
Thanks, as you can see, I have a lot to learn. LOL At least no more counterfeits
@DavidB-ec7bm
@DavidB-ec7bm 5 жыл бұрын
While busting coins out of slabs and resubmitting is a known pastime, It is known that both NGC and PCGS have purchased some of their mistakes. I submit that if these firms were of little value, collectors would not demand their services. Dr. you, provide a good education and more importantly to me, an entertaining view. Thank you
@Dr.G
@Dr.G 5 жыл бұрын
Thanks David for the kind words. I appreciate it.
@texasjoe557
@texasjoe557 2 жыл бұрын
Digging through your stuff, Dr. G and booking up on pre 33 gold. Thanks for the video
@Dr.G
@Dr.G 2 жыл бұрын
you got it bud
@shekatagani
@shekatagani 4 жыл бұрын
You must have some fabulous collection!
@Dr.G
@Dr.G 4 жыл бұрын
Thanks my friend. 😀
@davidbennett8636
@davidbennett8636 6 жыл бұрын
Attn: Dr G Love watching your videos over and over we are close to same age and have the same thing in common we are in to Coins and study of. Also getting them graded;}> to keep out the fakes and cleaning:}> out of our collections and hoping to get the highest grades of the Coins, just want to say respect and you would make an excellent speaker you speak very well great job. :-)
@Dr.G
@Dr.G 6 жыл бұрын
Thanks a lot Dave. Sounds like you're enjoying the coins as much as I am. Appreciate it.
@jeraldspannagel5289
@jeraldspannagel5289 2 жыл бұрын
The 1927 I guessed MS -61. That was fun. Thanks for that video.
@Dr.G
@Dr.G 2 жыл бұрын
Thanks Jerald.
@meadowfjordside2825
@meadowfjordside2825 Ай бұрын
10:57 "I'm not very good". Spot on.
@mieyg53
@mieyg53 5 жыл бұрын
you have a beautiful group of classic coins there.I am contemplating a few purchases of $10 indian half eagles.
@Dr.G
@Dr.G 5 жыл бұрын
Thanks for watching Mikey. I appreciate it. :)
@vabbe71
@vabbe71 2 жыл бұрын
The 1932 quarter is some of the most weird valuated coins of them all. The MS66 is $800 but the MS67 is worth a whole $10,000 to $15,000. An almost twenty-folded value increase from 66 to 67. Unheard of, as far as I'm concerned
@brantardrey7360
@brantardrey7360 11 ай бұрын
In 1968 I collected coins I had a 32D quarter for lunch knowing it's aga, I spent it,that lunch cost me $$$$$ totally stupid
@disgruntledgrunt241
@disgruntledgrunt241 Жыл бұрын
You got the grader who had a liquid lunch before grading with that MS63. Good for you, usually it goes the other way.
@bruceagmotorsports
@bruceagmotorsports 6 жыл бұрын
Very Nice collection wanting to send a couple in myself.
@Dr.G
@Dr.G 6 жыл бұрын
Thanks Bruce. It's a lot of fun seeing what they grade out at. Share them with us when you get them back.
@cvdubya5774
@cvdubya5774 5 жыл бұрын
You got so lucky with that MS63. I would have expected something
@Dr.G
@Dr.G 5 жыл бұрын
You never know. :)
@jimmint5672
@jimmint5672 5 жыл бұрын
Dr G, where have you been pal. In the Yukon panning I’d guess. Anyway we need some more videos buddy.
@steven2212
@steven2212 5 жыл бұрын
Really enjoyed this.
@Dr.G
@Dr.G 5 жыл бұрын
Thanks Steven. :)
@faithmoore3243
@faithmoore3243 7 жыл бұрын
Just discovered you today and,I subscribed!
@Dr.G
@Dr.G 7 жыл бұрын
Thanks for watching Faith.
@colonicstacker1683
@colonicstacker1683 6 жыл бұрын
I recently discovered this cool channel too!
@nephisilver3051
@nephisilver3051 5 жыл бұрын
Awesome video I'm new to this I learned a lot.
@Dr.G
@Dr.G 5 жыл бұрын
Hey thanks. When I was new to numismatics and discovering coins I had the best time. Enjoy.
@davidho2977
@davidho2977 3 жыл бұрын
I get a vicarious thrill out of looking at these coins. A lot of these I can't afford.
@jameskirtley2552
@jameskirtley2552 11 ай бұрын
Your 1928 MS63 with metal missing at the top looks to me like a strike through error. Maybe a resubmit would be wise for that designation. Due to the current interest in errors it might prove very lucrative for you to get some other opinions. Nice haul 😊
@Dr.G
@Dr.G 11 ай бұрын
I’ll have a closer look. Thanks 👍
@johnstarr8858
@johnstarr8858 4 жыл бұрын
Your 1928 2.5 dollar ms63 you got a lucky grade for that one that's great, I've had went to a coin dealer in 2000 or 2001 I bought a 1911-p Indian gold coin and cherry picked 1952-s Wheatie they sat for 20yrs I had them in a sleeve so going through my coins I found them I forgot all about them so I sent them out I was highly surprised when I got them back the 1952's wheat penny came back ms66 and my 1911 p' two-and-a-half-dollar Indian gold coin came back ms63 I was really surprised I got that grade for that, and now gold is up the year is 2020 right now, so to make a long story short I'm a happy camper. Nice video, remember you win some you lose some, but I guess in the end it all works out.
@Dr.G
@Dr.G 4 жыл бұрын
John Starr what a great story John. I love hear that. You had a good eye back then and didn’t realize it. Very cool. 👍👍
@marleyteee9617
@marleyteee9617 5 жыл бұрын
Super cool video! I was so excited to see what the grades would be.. congrats!
@Dr.G
@Dr.G 5 жыл бұрын
Thanks, glad you liked it. 😊
@marleyteee9617
@marleyteee9617 5 жыл бұрын
100%!
@cadenratliff1318
@cadenratliff1318 7 жыл бұрын
Great video!
@Dr.G
@Dr.G 7 жыл бұрын
Thanks.
@jrgarza1964
@jrgarza1964 6 жыл бұрын
Congrats nice vid, I will be sure to do the ping and magnetic test on every coin I purchase from now on.
@Dr.G
@Dr.G 6 жыл бұрын
Wise move. You can't be too careful.
@johnnyb3126
@johnnyb3126 4 жыл бұрын
Awesome video
@Dr.G
@Dr.G 4 жыл бұрын
johnny b thanks bud
@sparkyjones560
@sparkyjones560 6 жыл бұрын
Yes bag marks are OK on coins. You can still get MS grades with bag marks are long as it's still showing as mintstate.
@Morehills840
@Morehills840 6 жыл бұрын
Good Information, thanks for posting.
@Dr.G
@Dr.G 6 жыл бұрын
You're welcome, thanks for watching.
@asheland_numismatics
@asheland_numismatics 6 жыл бұрын
Fun video!
@Dr.G
@Dr.G 6 жыл бұрын
Thanks asheland. Appreciate it.
@icon2012
@icon2012 5 жыл бұрын
MS62? that was the worst shape coin as of minute 16:06 i'm both stunned and extremely happy for you and or the owner of these. great review come to think of it, i believe PCGS may have used this same silver quarter in a video recently showing an example of environmental damage on a coin.
@Dr.G
@Dr.G 5 жыл бұрын
Hahahaha, If they did, I want a link. LOL Thanks for the comment.
@Perromedic0
@Perromedic0 7 жыл бұрын
Lmao @ Ms 63 , chewed up 😂😂😂
@amcwagoneer
@amcwagoneer 4 жыл бұрын
Start Your Own, Alaska State Dr. G $20 Flying Eagle 🦅 One Thing Your Videos Are Always Fun! Thank You. Very Valuable Information. “It’s Expensive, Being Cheap. As Another.. Injun Bites The Dust.” Holes?? MS62 Those Crazy pcgs Fools I Agree With You, It’s Always A Gamble.
@Dr.G
@Dr.G 4 жыл бұрын
Hey thanks a lot AMC Wagoneer. Those Injun's, lol. I love Flying Eagles... Great Idea bud. That Wagoneer would come in handy in the Yukon. 😊
@gArroyo1099
@gArroyo1099 9 ай бұрын
Dr.G just checking up on you and to tell you we really need you back Doc
@Dr.G
@Dr.G 9 ай бұрын
Thanks bud. In the Yukon now on a 6 week stint. Thinking about future videos lol. 👍
@gArroyo1099
@gArroyo1099 9 ай бұрын
@@Dr.G I will do my periodic check up on you my friend God bless and stay safe
@stevenbowman4247
@stevenbowman4247 5 жыл бұрын
MAKE A VIDEO ABOUT HOW TO FILL OUT THE FORM TO SUBMIT COINS TO PCGS FOR THE ONES OF US HOW ARE BEGINNERS
@chefshawn9448
@chefshawn9448 5 жыл бұрын
Yes!!
@jrduke45
@jrduke45 4 жыл бұрын
I'm waiting on my papers now from NGC. I would love to see that.
@EpicCoinHunting
@EpicCoinHunting 4 жыл бұрын
Ima gonna work on getting mine graded soon
@brentsmith1367
@brentsmith1367 4 жыл бұрын
WHY ARE YOU YELLING
@johnbeyers5750
@johnbeyers5750 5 жыл бұрын
They had a blind person grading most of this stuff
@Dr.G
@Dr.G 5 жыл бұрын
Hahah, looks like it sometimes. Check out the cameo vid. :)
@mainegus9984
@mainegus9984 4 жыл бұрын
And this is the pinnacle, the upper echelon of grading companies... lol how sad. So much HYPE. Thats what I see with PCGS and the coin community and Heritage Auctions mostly is to blaim for it..
@davidbennett8636
@davidbennett8636 6 жыл бұрын
Love your stuff and unboxing from the grading services. That Indian Coin 2-1/2 looked like a big chunk was out, WOW I with you on that one I never expected it was a mint error or defect, you might want to re submit?
@Dr.G
@Dr.G 6 жыл бұрын
Yeah, pretty strange. They gave it a 63 though, if I resubmit they might find something wrong and downgrade. But if someone were to ever purchase that coin, I imagine the defect would be a concern. Thanks for watching, and commenting Dave.
@dennismendoza5844
@dennismendoza5844 6 жыл бұрын
Thank you for sharing. I was glued to my phone.
@Dr.G
@Dr.G 6 жыл бұрын
Dennis Mendoza Haha thanks Dennis, I appreciate the comment.
@SouthsideStacker
@SouthsideStacker 5 жыл бұрын
Aw you got me lol unfair. I thought it was the 1862 just cause of the age...I was technically right. Bag marks 62 twice! You got some good grades throughout, nice. Thanks for the vid!
@Dr.G
@Dr.G 5 жыл бұрын
Yeah I’m pretty tricky lol. Thanks for watching bud
@airplanegirl01
@airplanegirl01 6 жыл бұрын
Nice show and tell Dr. G. I have never graded gold before. Just can't afford such. But I must say your video system setup shows details pretty well. I managed to grade the majority accurately. Yes, the dings you see are most likely from bagging. But long scratches tend to be caused by handling. Also look at the edges of the coins, which can tell a lot about the condition. I noticed your extreme disappointment at the scratched coins. I am wondering why you purchased them, unless you got them through the internet. Many people will position a coin so that the lighting will wash out some imperfections. Best thing to do if you are at all in doubt is to ask the seller to send you an enhanced photo. If they refuse, then something is amiss. Good luck with your collecting.
@Dr.G
@Dr.G 6 жыл бұрын
Thanks a lot for the comment Caley. You're a better grader than I am, for sure. It's fun to try anyway, :)
@DavidB-ec7bm
@DavidB-ec7bm 5 жыл бұрын
the edge is the third surface of the coin
@benfranklin3311
@benfranklin3311 5 жыл бұрын
Thanks for the vid. Proved I don't know shit abt grades. Some of the 58's looked better to me than the MS 62/63's, especially the one missing part of "LIBERTY". Overall nice lot. Again, THANKS.
@Dr.G
@Dr.G 5 жыл бұрын
Thanks Ben. Yeah, sometimes I think they are just throwing darts at a grade board. LOL
@jamesrobinson8247
@jamesrobinson8247 Жыл бұрын
Coin grading is subjective!
@huberft
@huberft 7 жыл бұрын
Pretty typical grades and I nailed most of them. Considering the cost of of grading and the upper and lower end of the the values. I would not have submitted any of those coins to PCGS (Pretty cloudy Grading Service) for grading. Actually, they are spot on with most of their grades. The MS63 graded coin was a higher grade surprise. Thanks for the video Dude..
@Dr.G
@Dr.G 7 жыл бұрын
You're welcome. The grading services are extremely helpful to me. I pay them both for the authentication service, as well as a professional opinion of the condition. I'm an amateur and still learning. One of the first things I learned was not to trust the opinion of coin shop dealers. Horrible conflict of interest. The $15-20 bucks a coin for grading is well worth it to me. Thanks for the comment.
@Dr.G
@Dr.G 7 жыл бұрын
The weight of the fakes are very close to what they should be so they're probably mostly gold, but I haven't done a specific gravity test on them.
@kaynefryday1251
@kaynefryday1251 2 жыл бұрын
Good videos
@Car1Sagan
@Car1Sagan 5 жыл бұрын
On the best of the qtr eagles, hold it up to another to see if its the same.
@ferebeefamily
@ferebeefamily 5 жыл бұрын
Thank you.
@Perromedic0
@Perromedic0 7 жыл бұрын
Nice gold Dr.
@Dr.G
@Dr.G 7 жыл бұрын
You never know, lol
@Lystn
@Lystn 4 жыл бұрын
Very nice 32s quarter,wow
@Dr.G
@Dr.G 4 жыл бұрын
Thanks, that rust is a bit odd though. 👍
@Lystn
@Lystn 4 жыл бұрын
@@Dr.G it gives it character,lol. I've sold some rough 32s for good money,that is a great looking coin imo
@Dr.G
@Dr.G 4 жыл бұрын
Thanks bud. :)
@marinegreensub
@marinegreensub 6 жыл бұрын
In addition, a 'Forgery' would be almost ALWAYS be struck from the correct metal. A forger is trying to turn a $300 piece of gold into a high end collectible piece with high numismatic value. A counterfeiter is trying to just pass a piece off. A Forger intends to fool the best eyes for a large profit.
@PocketChangeInspector
@PocketChangeInspector 2 жыл бұрын
Any plans to add new videos? Would really look forward to seeing them.
@Dr.G
@Dr.G 2 жыл бұрын
Yeah the plans and material are there but the time needs to be arranged lol. Hopefully I can get going again. Thanks for the check up 👍
@c17360
@c17360 4 жыл бұрын
I’ve learned that PCGS is not very consistent! Your video prove it.
@Dr.G
@Dr.G 4 жыл бұрын
c17360 yeah you have to understand there is a lot of leeway with these grades. I don’t take them too seriously anymore. They’re a great “starting point”. Do your own research and “discover “ what YOU like, not what the graders like. They don’t have to be the same thing. 😊
@Godskingdomwithin
@Godskingdomwithin 4 жыл бұрын
Damn, the counterfeiters are getting better and better with the fake coins! Does the 1862 weigh what it’s supposed to? Thanks for sharing your submission results, it is so informative, and your presentation is well done!
@Dr.G
@Dr.G 4 жыл бұрын
Thanks a lot my friend. The gold coins are within the correct weight. I guess the counterfeiters thought the numismatic value was worth the effort, although I can't really see the point. I appreciate the comment.
@coreymerrill3257
@coreymerrill3257 5 жыл бұрын
Good lord ,I love the incuses...cannot WAIT till i can afford one. Probably going to just get some silver rounds with that incuse design to help to stave off the need for abit.
@Dr.G
@Dr.G 5 жыл бұрын
corey merrill. There you go Corey. :)
@coreymerrill3257
@coreymerrill3257 5 жыл бұрын
@@Dr.G yeah, in slacking on mt bullion anyway. Lol. Just likewith the palladium eagles. I will get there...and alot sooner for a piece that isnt in wonderfull condition. Im not doing to baddly for being so new and my financial situation...just got my first morgan , pcgs ms 64 1893-0 half with rainbow toned obverse and bright with reverse. Not a rarety, but its super nice for me. Just saw a pcgs ms66+ 1883 O with a toned reverse and abit of toning on the rim of the obverse for $3000 off of a suggested link for coins they say i need in my registery.
@Dr.G
@Dr.G 5 жыл бұрын
corey merrill wow expensive registry coins for sure. Sounds like you have a nice collection. 👍
@coreymerrill3257
@coreymerrill3257 5 жыл бұрын
@@Dr.G its...eclectic...and small. Lol. I have it listed for the world anyway between pcgs and ncg registry sets so i dont mind giving the basic rundown . Pcgs ms64 1883-o morgan with the toning.a pcgs ms69 2000 1/4 platinum eagle, a pcgs sp69 2013-W burnished eagle with undocumented as of now rim error...both anacs and ngc ms 70 2017 saes the ngc has a straw yellow toning just starting to form... ,a pf 70 ultra cameo 2017-W sae with fdoi & early releases marked label..which is odd to me . Ngc bu 2007 p and d andrew jackson fdoi set and a bu 2008 d john adams fdoi. Ngc bu 09 presidency cent, which i need to mark in the notations as the reason plain bu coins can now be registered (bu fdoi and other specialty labels were ok already) A bu 2010 fdoi First year ceramony shield cent. A few half dollars , dimes and quarters all ngc or pcgs ms/pf 69 or 70 except a 57d fbl franklin half. At ms 64 . a type 2 penny blank in anacs holder, and some attributed but ungraded stuff. 1940 s over s mercury dime, 1939 1-0-V-cw error quarter...i dont remeber what the code means. Lol. And a 1964 b reverse. The rest is just raw waiting for attribution and /grading. If deamed worthy.
@sunbird5389
@sunbird5389 7 жыл бұрын
Thanks for sharing
@Dr.G
@Dr.G 7 жыл бұрын
You're welcome, thanks for the comment. :)
@thegoldstack2943
@thegoldstack2943 7 жыл бұрын
Great coin :)
@Dr.G
@Dr.G 7 жыл бұрын
Thanks, I appreciate it.
@kaynefryday1251
@kaynefryday1251 2 жыл бұрын
Hello from Perth , Australia .
@Dr.G
@Dr.G 2 жыл бұрын
Thanks so much for all the great comments Kayne. Glad to hear from Perth.👍👍
@toolofbordem
@toolofbordem 6 жыл бұрын
11:00 that 1914 looks clashed.
@ehrenkrause9861
@ehrenkrause9861 5 жыл бұрын
Ouch. I saw the color was too consistent color being an alloy metallic coin. 1902 is a really good fake knowing there's a little discoloration because of the copper content. Geez at least they weren't pre 34 gold eagles. Must be easier to dump fractional which will make me even more diligent on small gold coins
@Dr.G
@Dr.G 5 жыл бұрын
Yeah, you definitely need to check out the gold. I had no clue on the 1902, which led me to certify the other gold coins I had. So many counterfeits now.
@andrewwoody4708
@andrewwoody4708 6 жыл бұрын
You can use acetone and hydrochloric acid on silver and gold coins. Just don't rub them at all ever. If you coins are pure silver or gold you can heat some dirt off them. Do not do it if they are alloy though or it will mess them up. Lastly if you use acetone and or hydrochloric acid you may have uneven toning because the removal of the dirt will leave a less toned spot. To remedy this you can place coin, silver, in a container with aluminum and pour hot water mixed with baking soda and the sulfur that makes tarnish will be drawn out of the coin and into the aluminum. It is a chemical reaction that does not effect the silver. Everything mentioned, except the heating, is safe on silver coins containing copper.
@andrewwoody4708
@andrewwoody4708 6 жыл бұрын
I have practiced these methods on low valued coins and if you are going to try I suggest you do the same. I researched what acids have no effect on gold, silver, and copper. This is science and can be researched by anyone. The heating method was discovered when I was trying to get "milk" spots off of ASE bullion coin and it worked amazingly well. I placed ASE on burner and turned it on high. Poof, the spots turned into little puffs of smoke. I tried it on a silver coin alloyed with copper and it screwed it up. I assume because copper and silver expand at different rates so when heated it effected the coin.
@kking5652
@kking5652 2 жыл бұрын
Good Show 👍
@Dr.G
@Dr.G 2 жыл бұрын
Thanks my friend.
@jeffhail5778
@jeffhail5778 5 жыл бұрын
BOTH!!! Wow!!!
@Dr.G
@Dr.G 5 жыл бұрын
Yeah, kind of crazy. LOL
@backstageguitartech6161
@backstageguitartech6161 3 жыл бұрын
Nice Thank You
@Dr.G
@Dr.G 3 жыл бұрын
You're welcome my friend.
@jeraldspannagel5289
@jeraldspannagel5289 2 жыл бұрын
The luster on that 1926 that was MS-63 I thought. MS-64. Beautiful coin.
@Dr.G
@Dr.G 2 жыл бұрын
Thanks for the comments Jerald 👍
@jeraldspannagel5289
@jeraldspannagel5289 2 жыл бұрын
@@Dr.G I ve wanted to send in my 1911 D 2.50 Gild Eagle in for grading. How did you know how much to insure those coins of gold for ?
@Dr.G
@Dr.G 2 жыл бұрын
Just estimated Jerald. Since I didn't know the grade before hand, I didn't know how much it's worth. Tough call.
@marinegreensub
@marinegreensub 6 жыл бұрын
People knowingly purchased these fakes because at the time, Americans were prohibited to own gold except for certain collectible coins (the ban on private gold ownership lasted from 1933 until 1974). Those people who wanted to own gold had limited options and were less concerned about authenticity than they were about gold content. Often these days the kids inherit the coins and think they have the real deal until they send them in for grading. Hope yours are gold!
@dreesecoinshobbies1836
@dreesecoinshobbies1836 6 жыл бұрын
Hey Dr - new to your channel and had a question.. with the little knowledge I have on coins - does getting the coins graded really raise the value enough to warrant the cost of getting it done?
@Dr.G
@Dr.G 6 жыл бұрын
On higher value coins grading definitely is beneficial. People are much more willing to pay a high price for a coin that has been certified genuine. And as a matter of fact many people these days are paying "only" for the grade. They don't really care what the coin looks like as long as they can put it in what's called a registry set, where collectors compete and get credit for the highest graded coins. But on lower value coins, grading, "or slabbing" is not going raise the sales price enough to cover the cost. It's a gamble for sure. Thanks for the comment.
@macforme
@macforme Жыл бұрын
D Reese: the answer in a word is : YES. I won a Red Cent 1904. The club bought it for $120. It was marked MS65 on the flip. I had it graded and it came back MS66+RD and is listed on PCGS as $2400.
@catdash4390
@catdash4390 3 жыл бұрын
LOVE THE SUSPENSE OF YOUR VIDEOS.. WHAT'S THE GRADE?😳😳😳😳😆😂😂👍👍👍
@Dr.G
@Dr.G 3 жыл бұрын
Cat Dash hahaha. Thanks 🤩
@DustyNonya
@DustyNonya 6 жыл бұрын
Is it just my tired eyes or does it look like the pinwheel field frosting was recarved (somewhat) meticulously into the die by hand on the counterfeits? Either that, fake bag marks, or a late die stage...though, frankly, I'm not fond of gold coins so I wouldn't know what a 2 1/2$ looks like in person.
@Dr.G
@Dr.G 6 жыл бұрын
Not sure Dusty, your guess would be as good as mine. :)
@obione6362
@obione6362 Жыл бұрын
1928 ms63 it looks like its been struck through grease struck on top right its a expensive mint error and you might have specify and pay more to get it graded that way
@philippayne4951
@philippayne4951 5 жыл бұрын
Any news on the Indian head five dollars. Also just found, and bought a quarter Indian dated 1912 with cords under chin. something very interesting going on here.
@Dr.G
@Dr.G 5 жыл бұрын
You got another one? Wow. A quarter eagle this time...I'm up in Canada for a few weeks gold mining and have limited internet service. I'll do research on your Indians when I get back to Los Angeles. If you can find someone with a smart phone you can have them take a photo of both coins and email them to me. Congratulations on another great find.
@philippayne4951
@philippayne4951 5 жыл бұрын
Great to hear from you. The coin is one hundred per cent genuine with carbon type dirt. As said again not able to take pictures, but will try and get stephen or another friend to send to you. It does seem to me that the mint has picked up dies, that should not have been used. Belle Lyon pratt did have his first dies tampered with by another engraver, which caused an argument, and this does seem as what has happened. You lucky thing, always wanted to have a go at gold mining, but alas no gold in the uk, only a little in Scotland.
@ltcajh
@ltcajh 3 жыл бұрын
I'm afraid to buy pre-33 coins now, even if graded.
@sippdaddy101
@sippdaddy101 6 жыл бұрын
Cool
@Dr.G
@Dr.G 6 жыл бұрын
Devin Sipple Thanks for watching Devin.
@PaleWhiteMale
@PaleWhiteMale 5 жыл бұрын
Good info like your videos man. What kind of camera do you use?
@Dr.G
@Dr.G 5 жыл бұрын
I use an apple iPhone SE. The trick is the lighting and positioning. Glad you like the vids, thanks.
@keepitreal1986
@keepitreal1986 2 жыл бұрын
Oops, sorry you didn't get a chance to look at the problem coins before you bought them. I prefer PCGS and NGC certs before I purchase them. Either way, nice coins and video
@Dr.G
@Dr.G 2 жыл бұрын
Thanks my friend. 👍👍
@aaronmoats7467
@aaronmoats7467 5 жыл бұрын
I bet you one day of that 1932 quarter’s A mechanic had it and possibly spilled a little bit of battery acid on to it and that battery acid had a chance to eat away part of the wing
@Dr.G
@Dr.G 5 жыл бұрын
Could be Aaron. You never know. :)
@ECP
@ECP Жыл бұрын
I am ready for another Dr G video my friend…. Been way way too long…. Oh my….
@Dr.G
@Dr.G Жыл бұрын
Working on it bud. Taking a crash course in premiere pro. 👍
@ECP
@ECP Жыл бұрын
@@Dr.G wow that sounds great….
@armandofromthevault9775
@armandofromthevault9775 6 жыл бұрын
nice
@geneeverett7855
@geneeverett7855 5 жыл бұрын
Hey DocG What do they charge per coin to grade?
@Dr.G
@Dr.G 5 жыл бұрын
Too much. LOL. The prices vary with the value of the coin. But on average $30 bucks, plus shipping, handling, and membership fees. You have to be careful to grade only coins that have the possibility of being valuable enough to justify the grading expense. It's a gamble in other words. 😊
@BerlinBerlin
@BerlinBerlin 7 жыл бұрын
Where did you buy the two counterfeit coins?
@Dr.G
@Dr.G 7 жыл бұрын
I inherited them both. The 1862 was earlier known to be a fake (I found out later) but the 1902 was discovered only after submitting to PCGS. I assumed I had more bad coins from this collection, but luckily they were the only two.... so far.
@democratictotalitariansoci1462
@democratictotalitariansoci1462 4 жыл бұрын
scratch means that someone has tested it with nitric acid. It's not green, so it's gold- most likely
@TreasureTracker
@TreasureTracker 6 жыл бұрын
Wow, nice coins! It's sad to think that people make fake coins and trick people with them. Anyways, cool video!
@Dr.G
@Dr.G 6 жыл бұрын
Treasure Tracker yeah you have to be careful these days. The grading service really helps me with that. Thanks for watching
@temuribntaraghaibarlas7740
@temuribntaraghaibarlas7740 4 жыл бұрын
so funny reactions ;-D
@Dr.G
@Dr.G 4 жыл бұрын
👍👍
@Samscoinsandheavymetal
@Samscoinsandheavymetal 3 жыл бұрын
Great stuff again Doctor ! I paused video at 3:25 to write this. I’m gonna guess the 1862-S is fake where it’s far more scarce/rare firstly Secondly if you could try to show us the cartwheel luster that would really help (me anyway). The design features on the 1862-S look flatter or not as sharp . It’s pretty close and a damn good fake though. Are they identical weights and identical circumstances and thickness ? Scary stuff my friend Hahah...4:00 just saw the result ... that was great ! Next time ‘maybe try and show the luster if you could ? I know that’s a lot to ask, so if it’s too difficult obviously it’s no big deal Just a suggestion
@Dr.G
@Dr.G 3 жыл бұрын
Hahahahah, Love it. Yeah, I do my best to show the coins. 👍
@allandinegar4893
@allandinegar4893 6 жыл бұрын
Are scratches actually "cleaning?" Scratches can be accidental and cleaning intentional?Great videos Doc. I pick up some good stuff from your presentations! Thanks for sharing
@Dr.G
@Dr.G 6 жыл бұрын
Yeah Allan, if the scratches are a result of cleaning they are all in one direction usually and not very deep, (hairlines) A bag mark scratch is different, not long, and random. Die scratches result from a mint polished die and usually don't have to much of a negative impact on the grade. I'm not crazy about any scratches no matter who caused it, or how they got there. :) lol
@allandinegar4893
@allandinegar4893 6 жыл бұрын
Yup, scratches are a drag however they got there! ;)
@jimmygunz81
@jimmygunz81 7 жыл бұрын
nice vid, i dont know how you got a 63 on that one
@Dr.G
@Dr.G 7 жыл бұрын
Jimmygunz81 yea, I thought it was a counterfeit LOL.
@israelt.3739
@israelt.3739 4 жыл бұрын
And you trust PCGS now???
@Car1Sagan
@Car1Sagan 5 жыл бұрын
Ever try to use PCGS restoration service? Many times it can increase the grade.
@Dr.G
@Dr.G 5 жыл бұрын
I have used them, with mixed results. Some coins they helped, some they couldn't do anything with.
@DaddySundaySchool
@DaddySundaySchool Жыл бұрын
Need more DR G in my life.
@coreymennis155
@coreymennis155 6 жыл бұрын
I love COINS
@Dr.G
@Dr.G 6 жыл бұрын
Mee tooo :)
@robertedwards6326
@robertedwards6326 4 жыл бұрын
Those are all beautiful coins scratched or not I know this is an older video but I just picked up a 1908 quarter eagle NGC MS-64 and a 1932 $10 Indian PCGS also MS-64 you should know never clean a coin have it professionally done if anything
@Dr.G
@Dr.G 4 жыл бұрын
You're absolutely right Bob. Never clean your coins. You live and you learn. Good advise. Congrats on your pickups. Thanks for the comment. 👍👍
@michael61985
@michael61985 4 жыл бұрын
That ms63 has a error is why it looks funny no material was removed looks like a die clash or strike threw
@Dr.G
@Dr.G 4 жыл бұрын
👌👍 Cool.
@user-sh2rd7gn8v
@user-sh2rd7gn8v 5 ай бұрын
Dies were of mid grade ms grades were fiting fof the time .clean coins with high grade diamond compounds in super high number compounds and you can pull it off.
@civsully1740
@civsully1740 5 жыл бұрын
That 1928 is no way a 63 Dr G. Would be interesting to see if you sent it to say APMEX and see if they would pay you as a 63? Unreal.
@Dr.G
@Dr.G 5 жыл бұрын
Yeah, I guess they thought it might be a planchet flaw or something. Pretty strange though. Thanks for the comment Mike.
@Yedsaid
@Yedsaid Жыл бұрын
Is cleaning that bad? The second one was graded unc with cleaning does that degrade value?
@Dr.G
@Dr.G Жыл бұрын
Yeah, kills the value, and permanently destroys the coin. Best to just leave things dirty.
@Yedsaid
@Yedsaid Жыл бұрын
@@Dr.G interesting. Thanks for info
@randseedbin9440
@randseedbin9440 5 жыл бұрын
I see two problems with buying slabbed coins. The first is counterfeit slabs. I am hearing about the growing problem of cheap or counterfeit coins being sold in counterfeit slabs. If you know how to tell an authentic slab from a fake then it's less of a problem, but I'm just getting started. Second is an authentic slab that has been carefully opened, the graded coin removed, and replaced with a similar coin of much lower value. They are re-sealed so well it's almost impossible to tell and the plastic, printing, label, etc. is all legit so no clues there. Are there any solutions for these problems?
@Dr.G
@Dr.G 5 жыл бұрын
Good points. In my opinion, the counterfeit slab problem will probably grow, although I think it is, at present, a very small percentage. Also, I have "opened" many slabs, and from my experience it is impossible to remove a coin from a slab and not destroy the plastic in such a way that the repair is not easily detected. These slabs, if correctly assembled, are effectively one piece of plastic. The plastic is going to have to be broken, or cut. I guess anything is possible, but I'n my limited experience haven't seen it. I guess it's also possible for an insider, or an employee of the injection molding company that supplies the slab parts to obtain the slab halves, and weld a counterfeit coin of lesser quality inside with an original information card. I probably shouldn't give anyone any ideas, but since you're bringing it up.... The best way to guarantee authenticity I guess is to photograph every coin graded and put that information up on a data base for potential buyers to verify. Many of the higher end coins are in fact photographed by PCGS using their Gold Shield service and can be checked. Thanks for the comment.
@AllYouCanWatchChannel
@AllYouCanWatchChannel 5 жыл бұрын
do you have to have a membership in order to send in coins to be graded?
@Dr.G
@Dr.G 5 жыл бұрын
Yes, they require a membership, and they have different levels, based on how many coins you will be sending in. Coin grading is "not cheap". Thanks for watching and commenting.
@woodworkingandepoxy643
@woodworkingandepoxy643 4 жыл бұрын
"One is real one is fake, they're both fake!" Well thanks dude
@Dr.G
@Dr.G 4 жыл бұрын
😊
@woodworkingandepoxy643
@woodworkingandepoxy643 4 жыл бұрын
@@Dr.G lol
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