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so Doug of all the dealers in the
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industry today that I trust with
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information about gold coins Doug winter
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you're the first person that comes to
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mind you've been blogging and talking
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about gold coins for years a lot of
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collectors ask coin week how do you tell
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the difference between original and non-
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original services and color and a gold
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coin so I felt I'd ask you that question
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uh great question and I think it's a
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question that even most dealers don't
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know the answers to there
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are the term original is really
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overused um obviously if I say
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something's original and it's from 1850
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I haven't been with the coin since 1850
0:58
I it's probably more ACC accurate to say
1:00
that the coin appears to be original or
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has a natural appearance and in a
1:05
nutshell what it basically means is does
1:10
warm appearance or a hot appearance a
1:14
something that chemicals were just used
1:17
to make it unnaturally bright um on a
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circulated gold coin from 150 years ago
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it shouldn't look like it was just
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minted and have an unnatural brightness
1:29
and an artif official style of luster so
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what I'm generally in favor of what I'm
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looking for for my customers are coins
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which in my opinion haven't been
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conserved um I can't honestly say that
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they have been since the date of issue
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but in my best informed
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opinion seem pretty original to me so
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what does it mean in an auction listing
1:58
when they say a gold coin has a nice
2:00
Orange Peel surface Orange Peel is
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actually that's a misnomer that should
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be more that's more the texture and
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that's something that you see on proof
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gold coins specifically $3 gold pieces
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it's literally if you can
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Envision what an orange looks like
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before you cut into it with that kind of
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heavily almost golf ball like texture
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because of the minting
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process $3 gold pieces have this sort of
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almost dimpled appearance which looks
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so coins that have orange color really
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bright orange color that's usually a
2:41
good sign that they've been chemically
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treated um that's not generally speaking
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a natural coloration that what I call
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orange how about spotting gold coins do
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sometimes spot because most gold coins
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struck for the United States were not
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pure gold spots are uh because us gold
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coins gold is a soft metal for coinage
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10% copper is added to harden the
3:09
planchet to make the coin strikeable and
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during the planchet preparation and
3:16
process copper Rises to the top of the
3:18
surface and those are called copper
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spots copper spots are not a negative on
3:24
a coin unless they're extensive Endor
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and if you had a a Flawless coin that
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had a copper spot right on Liberty's
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face that would probably be considered
3:38
detracting copper spots are fairly
3:41
easily removed and on a lot of coins the
3:45
copper spots have been removed but CAC
3:48
for one likes copper spotting because it
3:50
shows that a coin is original and copper
3:54
spotting I wouldn't say is in Vogue but
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people are now more permissive with
4:00
copper spots than they might have been
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before sometimes you see gold coins with
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a pinkish Hue what is that usually a
4:06
sign of I actually consider that not so
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much pinkish more like rose gold um
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that's just a natural coloration which
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is a good coloration it's a very
4:18
subtle not salmon pink just a really
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soft gentle rose gold and it's found
4:24
more often than not on 20th century as
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opposed to 19th century gold coins
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particularly on 10 Indians and
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Saints it's often been said that the SS
4:36
Central America gold coins which were a
4:38
very famous horde have a particular look
4:41
because they were restored after they
4:42
were pulled out of the ocean what is
4:44
that look and and has does that affect
4:47
their value you're probably talking
4:49
mostly about the 1857
4:51
s20s and those coins were pristine when
4:55
they sank so they look different than
4:58
most 1850s era gold coins because they
5:02
were in a time capsule I mean they they
5:04
were perfect from the mint when the ship
5:09
and most other gold coins of that era
5:13
saw circulation so you're comparing it's
5:15
a it's a little bit of an apples and
5:17
orange comparison but you're you're
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talking about something that's virtually
5:22
perfect versus something that's been
5:25
through the commercial ringer for the
