Weird News Coin Thought To Be Fake Turns Out to Be Worth Millions

16:15  26 april  2018
16:15  26 april  2018 Source:   newsweek.com

Detectorists find Danish king Harald Bluetooth’s treasure on Baltic island

  Detectorists find Danish king Harald Bluetooth’s treasure on Baltic island Hundreds of silver coins, dating back to the 10th century AD, were uncovered by two amateur archaeologists. © Getty Archaeologist Annette Landes-Nagar, of Israel's Antiquities Authority, displays ancient coins from the era of the Byzantine Empire The state archaeology office then became involved and the entire treasure was uncovered by experts over the weekend, the Mecklenburg-West Pomerania state archaeology office said.

"I thought to myself: 'Gee wizz, this could be a real photo!' I've been obsessed with American outlaws for years and read lots of books and study their faces. "I didn't dare to believe they would say it was genuine and worth at least two million ."

But it turns out that you don’t need to have anything more than a couple of pennies to get out of debt. Your spare change jar could be your saving grace, and these rare coins , each worth a fortune, can put you on easy street.

The 1854-S Half Eagle $5 coin was thought to be fake but is now said to be worth millions. © HAND-OUT/NUMISMATIC GUARANTY CORPORATION The 1854-S Half Eagle $5 coin was thought to be fake but is now said to be worth millions. One coin collector now know it's always worth getting a second opinion after a piece he was once told was a fake, ended up being valued at millions of dollars.

The man from New England, who wishes to remain anonymous, had shown his 1854-S Half Eagle $5 coin to other collectors, trying to assess whether it was indeed produced by the San Francisco Mint at the height of the California Gold Rush.

But given that it only three such coins were believed to have survived, he was told that it was likely to be counterfeit. Unconvinced, he took the advice of another dealer, and brought it to the Numismatic Guaranty Corporation (N.G.C), the world’s largest rare coin authentication company.

Boy unearths legendary Danish king's trove in Germany

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‘ Fake ’ Coin Turns Out To Be Real, Extremely Rare And Worth Millions videoelephant 2018-04-25 0 views. A gold coin dismissed as a fake by a number of dealers has been declared the real deal and worth millions .

Earlier this year it was estimated that as many as three per cent of the old round pounds were fake , representing £50 million of fake coinage in The left coin is believed to be fake , because of the circled difference. Are there any fake versions of the new £1 and when do the old coins go out of date?

The experts there compared it to the three coins known to remain in existence. “He was stunned when we informed him that it is a genuine, multimillion-dollar, rare coin,” N.G.C. chairman Mark Salzberg told PR Newswire.

“It’s like finding an original Picasso at a garage sale. It’s the discovery of a lifetime,” he added.

Only 268 of the coins were struck at the mint. Of the three thought to be left, one is in the Smithsonian Institution in Washington D.C., another is owned by a family in Texas and the third has not been spotted since it was stolen from the wealthy DuPont family in Florida, 1967.  

Workers returning after dinner to Granville's claim, a California gold mine, during the Gold Rush. © Getty Workers returning after dinner to Granville's claim, a California gold mine, during the Gold Rush. Close examination ruled out it being the stolen coin and it was discovered to be the genuine article, after getting help from the Smithsonian which provided high resolution images of the piece for comparison.

Pound surges to highest level since Brexit vote

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It is estimated to be worth millions . The 1854 Half Eagle is up there with a lot of other great rarities; it ranks with all the great rarities in the U.S. coinage .�. I reached out to U.S. gold specialist Doug Winter for a comment.

Wouldn't it be great to stumble upon a 2p coin that's actually worth £1350? One lucky charity found what they thought to be a fake coin in a collection tin, only for it to turn out to be a rare misprinted coin once the Royal Mint had taken a look at it.

“Our initial reaction on examining the coin from New England was utter disbelief that a rarity of this magnitude could still be discovered in this era. But upon seeing the coin in person for the first time it was apparent that the coin is genuine,” said N.G.C. President Rick Montgomery.

While there are no details on how the owner obtained the coin, he is now looking at putting it up for auction. Borris Tavrovsky, a co-owner of Oxbridge Coins in San Francisco, toldSF Gate that it was likely to be worth between $3 million and $4 million.

Jeff Garrett, Senior Editor of A Guide Book of United States Coins, said the 1854-S Half Eagle was one of the first coins that came out of the California Gold Rush from the U.S. Mint in San Francisco.

“It’s always exciting when something like this appears. It’s stunning that a coin of this magnitude could come out of the woodwork,” he said, according to the N.G.C. website.

Telegram cancels its much-hyped initial coin offering .
Secure messaging service Telegram is canceling its initial coin offering (ICO), an anonymous source told TheWall Street Journal today, and it won’t be opening up its digital coins for public sale. Another source cited in the Journal partially attributed the shutdown to increasingly tight regulations that the Securities and Exchange Commission, Commodity Futures Trading Commission, and other lawmakers have proposed since Telegram initially began planning an ICO.

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