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 Replies: 23 / Views: 2,162 |
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New Member
 United States
6 Posts |
Thank yall for the info. I am very happy to have such a nice coin!
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Pillar of the Community
 United States
3667 Posts |
 Nice coin. Grading gold coins isn't my strong point, but I'd think this is around AU55. Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 |
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Pillar of the Community
United States
4471 Posts |
The reverse looks MS with strong luster showing in the photo. The obverse is not showing any luster and looks there is some circulation rub. I am at AU58. The 1891 S is a common date and most of the coin's value is going to come from the spot price of gold plus a small premium. The coin is a keeper and very collectable.
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Moderator
United States
56855 Posts |
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Bedrock of the Community
 United States
18714 Posts |
I'm not seeing the wear on this coin everyone else is. I'm at MS62. the difference in value between AU and MS could warrant getting the coin professionally graded. lets hold until we get some gold experts to chime in as I dont collect it
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Moderator
United States
189767 Posts |
to the Community! |
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Bedrock of the Community
United States
94367 Posts |
I'll say MS-61, possibly 62.
Edited by Coinfrog
02/24/2022 6:40 pm
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Pillar of the Community
Canada
1530 Posts |
I'll say an easy MS-62. Very nice coin indeed.
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New Member
United States
6 Posts |
It sounds like enough of you believe it to be in the MS range that it is worth professionally grading. Is PCGS the preferred grader? Lol, the last thing I need in my life is another collecting hobby but I think it's really cool. I can see how yall get the bug!
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Pillar of the Community
United States
2004 Posts |
Well there are costs associated with having it graded by PCGS or NGC. First you have a membership fee just to be able to submit it. Then you have the grading fee and shipping. Hardly worth the fees unless you are planning on submitting several coins. However the value of this coin in MS-62 is about $3000 but in MS-63 it jumps to $4000. This is where the difference lies. If you believe it can grade 63 or above, it may be worth your while. I do not see it as 63 with all the contact marks though. A search of the values section on the PCGS site will give you the values in different grades. You can decide if it is worth the expense of slabbing. You may find a dealer willing to submit the coin for you without having to pay a membership fee.
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Pillar of the Community
United States
5838 Posts |
From AU-low MS.
Maybe worth a shot if it grades MS-62.
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New Member
United States
6 Posts |
Thanks for the info. In general, do coins increase value on the collectability or purely on the gold content/price? E.g. if a coin is valued at 10% over spot will it almost always be valued at that amount or will the percentage over spot increase with time? This may be a speculative question but I would appreciate opinions.
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Pillar of the Community
United States
3667 Posts |
Regarding submission to NGC or PCGS, you may have a local coin dealer who can submit the coin for you. That way you wouldn't have to pay the membership fees, though you'd still have to pay the submission fees and probably a small fee to the dealer for the service. Quote:
do coins increase value on the collectability or purely on the gold content/price It really depends on the coin and the grade. While gold spot price would be a baseline on the pricing of any gold coin, the actual value will depend on rarity, grade and market demand. |
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Bedrock of the Community
United States
36883 Posts |
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Pillar of the Community
Canada
557 Posts |
No expert, but collect gold. Looks MS to me, maybe 60-61.
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Replies: 23 / Views: 2,162 |
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First Page
Posted 02/23/2022 11:23 pm
