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beacon

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  • Country

    Colombia

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  1. Super Like
    beacon got a reaction from ChrisSilver in Genuine British Sovereign and Bolivian Gold?   
    Saw these two for spot price at a pawn shop here in Colombia. Might pick them up.
    One is a British Sovereign. The other (after researching), is a Bolivia "7 Gramos 1952 Revolution" round (.900 purity).
    The shop also had a Colombia "Cinco Pesos Stonecutter" (the one with the miner chiseling). That one is the same as the weight and fineness as a British Sovereign. Did not take a photo of that one because I'm 100% certain that one was legit. 
    Between the Colombia Cinco Pesos and the British Sovereign, wonder which one would be more desirable. Wish I could buy all three, but budget wise I can only buy two for now (assuming they are genuine). 
    Any red flags these two below might not be genuine gold? I've heard lots of fake Sovereigns are around. Thanks in advance.


  2. Like
    beacon reacted to stefffana in Genuine British Sovereign and Bolivian Gold?   
    Hi, @beacon.
    I would not buy the sovereign. 
    I would buy Cinco Pesos Colombia and the bolivian medal/token.
    The bolivian one look great in your pictures, I am sure it is 100% legit.
    I am sorry, I have seen just now your post, so maybe my advice it is already too late.
    Cheers!
    Stefan.
     
  3. Like
    beacon got a reaction from Antwerpstacker in Today I bought.....   
    Got this for just above spot. Colombia, 450th Anniversary Founding of City of Santa Marta from 1975.
    It's not in the greatest condition, but I like that it has only a 2,500 mintage.

  4. Like
    beacon got a reaction from SilverTanner in Today I bought.....   
    Got this for just above spot. Colombia, 450th Anniversary Founding of City of Santa Marta from 1975.
    It's not in the greatest condition, but I like that it has only a 2,500 mintage.

  5. Like
    beacon got a reaction from Chrisplym in Today I bought.....   
    Got this for just above spot. Colombia, 450th Anniversary Founding of City of Santa Marta from 1975.
    It's not in the greatest condition, but I like that it has only a 2,500 mintage.

  6. Like
    beacon got a reaction from daca in Today I bought.....   
    Got this for just above spot. Colombia, 450th Anniversary Founding of City of Santa Marta from 1975.
    It's not in the greatest condition, but I like that it has only a 2,500 mintage.

  7. Super Like
    beacon got a reaction from Fenlander1 in Today I bought.....   
    Got this for just above spot. Colombia, 450th Anniversary Founding of City of Santa Marta from 1975.
    It's not in the greatest condition, but I like that it has only a 2,500 mintage.

  8. Like
    beacon got a reaction from silvergaga in Bullion coins quality   
    A close up camera shot will always look worse than in the flesh. Pretty sure in person it's hardly noticeable. 
  9. Like
    beacon reacted to LawrenceChard in How to test if gold coins are real or fake?   
    "How to test if gold coins are real or fake?"
    If you can see them, touch them, hear them, taste them, or smell them, then they are real.
    If not they are imaginary.
    Once you know they are real, your problem is to tell whether they are genuine or fake!
    Not all gold Britannias are 24k gold, even the post 2012 ones are only 23.9976cts.
    😎
  10. Like
    beacon reacted to stefffana in Legit Colombia 5 Pesos Gold Coin?   
  11. Haha
    beacon got a reaction from stefffana in Legit Colombia 5 Pesos Gold Coin?   
    Hence, if it's real

  12. Like
    beacon reacted to stefffana in Legit Colombia 5 Pesos Gold Coin?   
    Hi.
    I am 99% sure your coin is what should be, a genuine 1920 A mint 5 Pesos, but in circulated/a little tired shape.
    Your gravity test is close enough, the difference is from your non-professional scale.
    The writing is as should be for a circulated coin.
    The mint A mark is in correct position.
    I am not an expert, but in my eyes look legit.
    I have compared with another pictures of a identical 1920 A 5 Pesos Colombia:
     
      and
     
    https://www.ebay.co.uk/itm/1920-A-COLOMBIA-PESOS-5P-GOLD-ANACS-CERTIFIED-MS-61-MINT-STATE-UNC-072-/133932907331?hash=item1f2f05fb43:g:qowAAOSwcSBhjvCT&amdata=enc:AQAHAAAAsHV34FIttka69MiT86Op6zG0Aq36RGY/uk7jRrqeGx3ASlYRSBTatsX5YfXwZvQWrCwbOI4mLxCaBxhUKM6CfoLEEJSGRv1bWfs3Lb0KEQxkUFoBW/nuvWnKc0Qu1u4vUrXW7suRO6aiYdb78I1sS8gQiB3KDqagu9wEAYDkUGVFmGT4fUw385lD+CnVJwPZDjCuLQawbKlBHVg9hngGky4GPxcZVrd9Ct2Aaz3ve2H6|tkp:Bk9SR9qlx7vCYQ&pageci=a24789e1-193d-4861-a5f3-bc4139c39201&redirect=mobile.
  13. Like
    beacon reacted to Happypanda88 in Legit Colombia 5 Pesos Gold Coin?   
    At specific gravity of 17.30, that's not far off for 22k gold. 
    If you can get hold of a coin ping device, and the coin gives a long ping then you can almost be sure that the coin is made of gold and unlikely to be a fake.
     
     
  14. Like
    beacon got a reaction from CollectForFun in Legit Colombia 5 Pesos Gold Coin?   
    Yes, weird.
    NGC, specifically says: "1920A Placement of A below coat of arms varies".
  15. Like
    beacon reacted to CollectForFun in Legit Colombia 5 Pesos Gold Coin?   
    Mint mark "A" is not a problem as it is a well documented mint mark for this coin, although also I was unable to find any information on which mint it denotes. My guess is that it could have been temporarily used for Medellin, or that it's the mint mark of the Paris Mint, which is known to produce other South American coins around that time.
    Photos of a very well preserved specimen for comparison purposes e.g. here https://americanhistory.si.edu/collections/search/object/nmah_1139397.
  16. Like
    beacon got a reaction from Zhorro in Legit Colombia 5 Pesos Gold Coin?   
    Hello. Just to wanted to make sure this Colombia Cinco Pesos from 1920 looks real? Took some pictures in different lightings. I weighed it at 7.9 grams, and it's diameter at 22mm. It has dings/scratches, and probably has been cleaned. 
    FWIW: I put it in a glass of water and it immediately sank to the bottom (since real gold is very dense, it should do that). I know that's not a 100% accurate test; hence the confirmation here on the forum where there are more senior and experienced members.
    BTW: Assuming everything looks good — would the "A" mint mark stand for Antioquia? I wonder if this was minted in Medellin.
    Thank in advance.




  17. Like
    beacon got a reaction from 365DaysofSilver in Do you have a Pocket Piece?   
    Never have. Bought might be an interesting conversation opener, so might start carrying a dime or quarter pre-1965.
  18. Like
    beacon reacted to goldsilverdash in Swapping Silver for Gold   
    The bulkyness and weight of silver also has a positive side. Imagine a burglar found your stack, they could very easily run away with gold worth a lot; how many ounces of gold would fit into a pocket? But running away with the same value worth of silver would be a lot harder. Of course, the flipside is that if you ever needed to flee your home and your country, it would be easy to take your gold, but harder to bring your silver.
  19. Like
    beacon reacted to Junior in Swapping Silver for Gold   
    Love it!!!!!
    "I've got too much silver. So to offset it, I will buy more gold!"
    My Hero right here!!!!
  20. Super Like
    beacon got a reaction from Dakaras in Proof Coins And value   
    Most of my silver stack is in government bullion coin, but every once in a while I love to get a nice silver proof coin. There is a something about having a nice presentation box, certificate, along with a very nice and unique design in a low mintage (hopefully).
  21. Like
    beacon got a reaction from Arganto in Smaller/Fractional Gold if Premium is the Same?   
    I live in Colombia and have recently inquired about purchasing some gold coins here due to the devaluing of the Colombian Peso. For some reason, some sellers here have no idea that usually the smaller the coin — the higher the premium. They just sell any coin (no matter the weight/size) at the same price per gram. For example, a seller yesterday was selling gold coins for $240,000 COP ($61 USD) per gram. The price of the gram sold being the total weight of the coin, not the gold content. So for example, a Mexico Dos Pesos coin, which weighs 1.66 grams total cost $398.000 COP ($102 USD).
    If that is the case, if premiums for all coin sizes are the same, should I go for the smaller coins? (Mexico Dos Pesos and 20 Francs being an example) or a larger coin such as a Mexico 50 Pesos?
    I did see a few proof coins (with scratches I believe), around the 1/2 oz. range. These also are sold at the same premium percentage as the rest. Would this be a wiser choice, even if it is in AU condition?
    I guess if I ever sell my coins in the U.S. or Europe (where sellers/buyers are conscious of the premium to coin-size ratio), the smaller ones might be more liquid and sell for a higher premium.



  22. Thanks
    beacon got a reaction from Rains in Proof Coins And value   
    Most of my silver stack is in government bullion coin, but every once in a while I love to get a nice silver proof coin. There is a something about having a nice presentation box, certificate, along with a very nice and unique design in a low mintage (hopefully).
  23. Thanks
    beacon got a reaction from Bigmarc in Another Reason to Stack PM - A Lesson From Russian Sanctions   
    Authorized dealer. 
  24. Like
    beacon got a reaction from goldsilverdash in Another Reason to Stack PM - A Lesson From Russian Sanctions   
    Agree about not going for phones or cars. But certain watches/brands have certainly been better than holding cash. Rolex steel sports watches (if you can get them at retail at an AD) have lots of upside and hold their value quite well. Some you can even flip immediately on the grey market for a 5x fold return (the Rolex Oyster Perpetual Tiffany blue). 
  25. Like
    beacon got a reaction from LawrenceChard in Smaller/Fractional Gold if Premium is the Same?   
    Thanks, had no idea if they were fake or not. I have heard that sovereigns are faked. I will definitely try to avoid those and make the the dimension and weights of the Mexican Pesos are correct. 
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