Real of Fake?
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10 posts in this topic

I picked up some, what was reported to me as, "Fractional California Gold". I can't find anything besides the www.calgoldcoin.com website for two of these. As far as the third one, it seems to be genuine. Any ideas? I just picked them up today, Saturday 5/29/2021 and have NOT had the gold purity tested. Any help would be welcomed. 

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The first two are fake but that's not to say that they contain no gold. And I also  have my doubts about the third one but I could be wrong as there were so many varieties produce.

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Best I can do is this. I used some care and caution and removed it from the 2x2 it came in and placed it in a new 2x2. I used cloth gloves and only touched it to weigh it. It came to .37g. Hope this helps the community. I did find something similar that sold on Heritage Auctions for $3,200, but Lord knows Pancakez isn't lucky enough to have that item in his possession. 1871 50C Liberty Round 50 Cents, BG-1011, R.2, MS67 NGC.... | Lot #6462 | Heritage Auctions (ha.com)

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10 minutes ago, pancakez1981 said:

Best I can do is this. I used some care and caution and removed it from the 2x2 it came in and placed it in a new 2x2. I used cloth gloves and only touched it to weigh it. It came to .37g. Hope this helps the community. I did find something similar that sold on Heritage Auctions for $3,200, but Lord knows Pancakez isn't lucky enough to have that item in his possession. 1871 50C Liberty Round 50 Cents, BG-1011, R.2, MS67 NGC.... | Lot #6462 | Heritage Auctions (ha.com)

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The auction coin that you linked was a superb mint state piece, whereas yours has been circulated. Based on what AU58 and low grade mint state examples have brought, even if genuine, yours is likely worth less than $150.

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13 minutes ago, pancakez1981 said:

I paid $50 for the lot of 3.

I do hope you enjoy your brass trinkets.  :screwy:

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Posted (edited)

While I am certain you were being sarcastic, I did enjoy them. I found a coin guy on Facebook that determined that they were in fact brass, well, 2 of them anyways. However, the 1871 came back as 12kt gold and he suggested that I have it graded. He did give me over 200 1oz copper rounds for the "trinkets" as he knows I am an avid collector of copper. So, for $50 for some "trinkets", I would say it was as good as gold to me! 

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Edited by pancakez1981
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20 minutes ago, pancakez1981 said:

he suggested that I have it graded

By all means; have it graded ASAP and please post the results here.  It's a fake and here is what a real one looks like:

 

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  • Member: Seasoned Veteran

As with the above illustrated piece, genuine California fractional gold pieces typically have a value statement. This is expressed as text, a numeric fraction, or a combination of both.

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