KyCoinKollektor

I respect everyone’s input and I frankly do not know myself, I only have knowledge of American coinage so this is all new to me. I’ve got the money to take the gamble so I’ll take a shot in the dark and send it in anyway just to see. Again thanks everyone for there input. It is silver though for sure so that’s what’s throwing me for a loop. Fake or not I still think it was a cool find for my very first time beach detecting and in the first 5-10 minutes at that.

I have found out that this coin is indeed real. Took it to several coin shops in the area and all 3 said it looked real. It was acid tested and passed for silver. It is a silver pillars with waves, Found that it is 8 reales, made in 1790-98, mint mark is Peru. I’m completely blown away, and next step is to send it in for grading.

It’s been raining all day but I like it that way it cuts down on a lot of people being out so I can keep straight lines as I search.

So here I am at st Augustine beach metal detecting this morning and found this on the shores about 8” down. My hopes are not high at all on this and I’m leaning towards a fantasy/gift shop coin but I figured why not get your all input since I have no testing acids/scales/loupes or any other tools I would normally use to help identify this. It is metal and it is also NOT magnetic. But it is just to clean looking. Thanks for any input and happy Father Day everyone!

Wether all or some of them are, which some are definitely hand signed, you must keep in mind when sending a coin off for grading that you cannot get a coin graded with a signature label unless you are a authorized dealer. You may know that already but if not it might save you some time and money. Especially if you only want a coin to come back with a Signature label.

I would agree with this statement, while still very bad service by not giving a heads up. But it could very likely be an insurance adjustment or shipping fee adjustment that just carried over to the him which is indeed an authorized transaction.

Looks like a heavily damaged parking lot penny to me!

What you have is a 1929 penny, I’m sorry to tell you but it is what it is.

The only thing you can do if u have a coin worth $500 and say it sells at auction for $20 is cancel the sale. More than likely you are still going to be forced to pay final value fees and you will get a negative seller rating from the winning bidder which is really bad because nobody will buy coins from someone with a bad seller rating. But you are correct this forum probably isn’t the best place to ask this question because in all of your other post here you are not willing to listen to anyone!

Here’s the coin out of its flip, it’s definitely not been polished.

I seen on NGC website they consider green slime to be an altered surface due to the fact they cannot see what lies beneath the obstruction. I got the green slime off now I’m gonna send it to pcgs and at least if it still comes back altered it will be slabbed.

Though it is bitter sweet I got my subs back today, my 1876 trade dollar came back as altered surfaces. I’m happy it’s a type 2/2 though.which is extremely rare. I Put it under a scope and found some green slime in between the dentils so I am assuming that’s why it came back altered.

Yes

Just to give you some insight on roll hunting and how lucrative it can be, while this is no life changing amount of money, I search rolls of Sacajawea dollars on a daily basis about 10-12 rolls a day and found two not to long ago that has errors. They sold yesterday on eBay for $700. I had only $2 investment for that return. And I’ll take that money and buy graded rare coins if I can buy them for 60-70% of they’re value. I’ll Never pay more than 80% unless it’s top pop and highly sought after variety. But 60-70 for me is key and that leave me room for profit.

Beings that you are new I highly suggest you keep your money, coin collecting is a harsh game and before you learn the ins and outs your going to lose money. And since you only have $600 you obviously don’t have the money to start in this roller coaster of a venture. Start really small and only buy graded coins. For every authentic coin out there is a thousand fakes. Read, research, read again and when your done read and research some more. Never stop learning this is a very unforgiving game and all it takes is one wrong move on the wrong coin before there is no turning back and then you lose complete interest in collecting. If your patient and set your sights on what your looking for you will eventually find a good deal to flip but don’t spend your nest egg with no knowledge. Your best bet starting off is roll hunting from bank sealed rolls not from eBay from a brick and mortar bank looking for errors and silver to start off with. There is absolutely no risk whatsoever in roll hunting. Collecting is very fun and rewarding if you take the time to do it right, good luck and happy hunting.