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 Replies: 19 / Views: 2,495 |
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Pillar of the Community
United States
1064 Posts |
Is the mount also gold? It may be worth more as-is; we have a lot of new 'Cash for Gold' type places that have sprung up recently, might be worth asking a couple what they think. Always interesting to know what the value is.
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Bedrock of the Community
United States
10982 Posts |
What are you planning to do with it? The coin has lost most of it's numismatic value and as a common-date to begin with, it's really worth melt.
If the setting is 14K gold (or even 10K) then I'd leave it in the jewelry.
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Pillar of the Community
United States
870 Posts |
"Cash for Gold" only give you 30 - 50% of melt value... Most coin people (shops even) will give you at least 80 - 90% melt, if not full melt depending on the coin.
If it was your mother's, I'd hold on to it and pass it down and hope like heck nobody sells it. It's cool now, imagine how cool it will be in a generation or two (or five, or ten...)! =)
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Rest in Peace
United States
4849 Posts |
If it were mine, that coin would be out of that bezel and into my roll really fast! :-D That bezel can easily have $100+ worth of gold in it, so unless you wanted to use it as jewelry, I'd remove it and have it assessed separately as scrap.
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Rest in Peace
United States
9104 Posts |
Sell the parts separately, use the proceeds to buy a nicer gold piece.
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Moderator
 United States
23522 Posts |
What could possibly be of more value than to own something your Mom thought that highly of? It has no numismatic value above melt, and ought to still be the most valuable thing in the world to you.
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Rest in Peace
United States
4849 Posts |
Quote:
What could possibly be of more value than to own something your Mom thought that highly of? It has no numismatic value above melt, and ought to still be the most valuable thing in the world to you. Good point. If that be the case, sentimental value trumps all else. |
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Moderator
United States
16681 Posts |
As stated, this was your mothers. That alone would make me cherish it for that alone  swcoin.ecrater.com
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Valued Member
 United States
61 Posts |
It was, indeed, a favorite of my mom. I was leaning to keeping it, assuming it's value to be melt +/-. Besides, it is the only gold piece I have and I do enjoy looking at it and remembering my mother. DONE, it's kept. Thanks for the input.
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Valued Member
United States
312 Posts |
If there was a 'like' button on here, I'd click it for that decision ;-)
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Pillar of the Community
United States
2669 Posts |
 And may I say.. as a Mom myself, that made me smile |
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Moderator
United States
23522 Posts |
Yeah, it's definitely melt-only. I would, in truth, have had a much harder time with the statement I made above, had it been of significant added value. Sorry, Mom.  |
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Pillar of the Community
United States
3283 Posts |
I would try to get a picture of her wearing it.
And I would never sell it. Keep the picture and the coin,
in the capsule, to pass down generations. If you want a new shiny high grade
gold coin save you money and get one. The money you would get from the sale
of a heirloom like that would be gone and forgotten in an instant.
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Pillar of the Community
United States
1064 Posts |
delaner... Quote:
"Cash for Gold" only give you 30 - 50% of melt value... Most coin people (shops even) will give you at least 80 - 90% melt, if not full melt depending on the coin You were right on: today we took some scrap silver and gold to the new Cash for Gold just opened down the street, $40 for all. Then went to Bob's Coin & Jewelry in Chelmsford - $62 for just the gold! Thanks for the tip! |
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Pillar of the Community
United States
870 Posts |
Glad I could help JackB! =)
Hey - and Upstate - that's a great idea! A pic to go along with the piece really brings home what a great family heirloom it is. And pics or stories written down to go with the pic about how it got to her!
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Posted 04/04/2011 4:36 pm
