1862 United States Gold One Dollar Coin Pierced

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Author	Replies: 6 / Views: 3,268
aardspeed Pillar of the Community 921 Posts	Posted 06/25/2015 12:45 pm I'm sure this is a fake or is it? For $85usd with no bids, it has left me ... http://www.ebay.com/itm/1862-United...em5d5a0902f0 ...instead of making a new post, I'll add this here as well because this should have the rare 1991 quarter: http://www.ebay.com/itm/1985-to-199...em487ff668d7 Hope someone gets a good deal! Report this Post to the Staff

grinx76 New Member United States 36 Posts	Posted 06/25/2015 1:08 pm $56.82 melt value Report this Post to the Staff
SilverStackerKid Pillar of the Community United States 6478 Posts	Posted 06/25/2015 1:17 pm Yeah, a bit over priced for a common date net grade coin. Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 06/25/2015 3:09 pm I would think it is genuine based on a well versed seller in coins and 100% positive feedback and a high number also. And yes it's melt value is under $60 and with the hole I'm guessing that is what is keeping someone from bidding. I would bid....less the hole in it. Report this Post to the Staff
zxcccxz Pillar of the Community Canada 5417 Posts	Posted 06/25/2015 6:50 pm It's a common date, heavily worn, holed and damaged coin. I wouldn't want it for my collection and if I did buy it, I wouldn't pay a cent over melt for it. Report this Post to the Staff
SilverStackerKid Pillar of the Community United States 6478 Posts	Posted 06/25/2015 7:39 pm Spot price is not even 50 dollars. Think of the % of its weight loss from the hole. Report this Post to the Staff
oih82w8 Pillar of the Community United States 7840 Posts	Posted 06/26/2015 12:27 am The loss of weight from the hole may be minimal if it was pierced and drilled out. Piercing the hole would "cold work" the material by making it denser at the inside diameter of the hole, not necessarily removing material. Best way to find out...weigh it. Report this Post to the Staff
	Replies: 6 / Views: 3,268

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