Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1806 US $5 Gold Coin

To participate in the forum you must log in or register.
Author Previous TopicReplies: 255 / Views: 23,828Next Topic
Page: of 17
Pillar of the Community
thq's Avatar
United States
3343 Posts
 Posted 11/20/2015  3:13 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
@western sky IF it's even real. It's hard to for me to believe that anyone in 1820 would bury a coin worth a month's pay in a food deep hole. I can't believe anyone would do that now just to demo a metal detector. I'd use a scrap jewelry coin, not an 1806 half eagle.

@dignit, I suggest that the next time you go out there take somebody along with you, preferably an archaeologist. One of your LDS friends might be able to help you. LDS has done a lot of conservation on the sites in your area and it's likely you'll find more metallic objects. Blindfold them and take their cellphone/gps away if it makes you feel better, but if you continue detecting this site alone you might as well be digging old outhouses for bottles. I've picked up pottery shards and square nails from historic sites. I'm the only one that knows exactly where they came from. They're not historic objects anymore, just curios in my truck's ashtray.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Valued Member
United States
61 Posts
 Posted 11/20/2015  4:10 pm  Show Profile   Bookmark this reply Add dignit to your friends list Get a Link to this Reply
For the Mormon people, that is a Life size Joseph Smith statue with my metal detector from today and here are some finds from the Mormon property including a lead heart. Home was built 1790-1810.

1806-US-$5-Gold-Coin

1806-US-$5-Gold-Coin
Pillar of the Community
United States
1450 Posts
 Posted 11/20/2015  4:22 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Does anyone remember the discovery of old British or Viking gold in a field in England some years ago? It was the most fantastic horde of gold objects ever found from that time period, and a farmer found it when he was plowing up a field. The objects were gold and were beautiful. I know there was some cleaning involved. These things had been in the ground for 1200 years at least. The stuff just popped up with no metal detector involved.
Pillar of the Community
thq's Avatar
United States
3343 Posts
 Posted 11/20/2015  5:24 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Valued Member
United States
61 Posts
 Posted 11/20/2015  5:52 pm  Show Profile   Bookmark this reply Add dignit to your friends list Get a Link to this Reply
OK, just got news the coin grade as-PCGS encapsulated the coin, Cert #28757_ _ _, "1806 $5 Round 6 7X6 Stars" and says "Genuine UNC Details (98 - damage). The reverse of the "slab" will say "Genuine Not Gradable". Can anyone tell me what they think this may mean as far as value ? I should have it back next week
Bedrock of the Community
paralyse's Avatar
United States
12057 Posts
 Posted 11/20/2015  6:00 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Sounds like the Hoxne hoard.

Remember, the fact that a coin is dated 1806 does not mean that it was dropped in 1806. It could have been dropped anywhere from 1806 to 2015.

Keep in mind that many great detector finds had no witnesses, and some did not even have pictures, but many were later confirmed by the finder bringing credible witnesses to the scene of the discovery. Also, ground recovery tends to alter the surface of a metal in uniquely identifiable ways - notably, mineral leeching - that can be verified by conservation companies such as NGC, and by some archaeologists and museums. Those people would be able to conclusively determine how long the coin was in the ground.

I would invite CCF to visit one of the large treasure forum sites and review some of the things that are found daily; an 1806 gold coin is definitely a good find but far from the best and it is not entirely uncommon to find gold. There have been many recoveries, mostly scarce colonials (think Pine Trees) and very rare Civil War items, that have been judged to be either priceless/museum pieces or with values in the 6+ figure range, way exceeding this 1806 half eagle.

There is little or no motivation to fake detector finds, because detecting tends to be a fairly insular hobby, for one, and second, because the circumstances behind the recovery often do not add any substantial value, with the exception of relic hunting, where battlefield recovery documentation is a must for provenance and maximum value. In the case of OP's coin, a fully documented, 30 minute long news report with live video of the hunt and the actual find would do exactly nothing to increase the find's value. Provenance is irrelevant in this case; especially when you consider that mentioning the coin is a ground recovery will likely DECREASE its numismatic value and/or result in a details grade.


I've been detecting since the late 80s and never found anything nearly this nice, but I can appreciate a good find as well as anyone. If OP has really faked this whole thing, that is unethical and violates the Detectorists' Code of Conduct as has been set forth for years by W&ET and other trade pubs and by detector manufacturers; it would be an embarrassment on our hobby as a whole, and I would expect the repercussions for the Outside Sales Rep at Kellyco involved in this case would be serious.

I may forward this thread on to one of the senior executives @ Kellyco, with permission, for their review and analysis, and to determine if their sales rep was in any way involved in some sort of collusion in an attempt to boost his commissioned sales by faking detector finds. However, Kellyco has a pretty strong good reputation within the hobby, and I am somewhat loath to jump to the conclusion that they would directly put their reputation (and sales) at such a risk by this sort of shilling and fraud.

This thread has at least inspired me to get off my hiney and go buy that Garrett AT Pro or White's MXT Pro I've been lusting over to replace my White's CoinMaster and well-used DI/Pro 5900SL.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Pillar of the Community
Sweden
729 Posts
 Posted 11/20/2015  6:07 pm  Show Profile   Bookmark this reply Add epikur to your friends list Get a Link to this Reply

Quote:
OK, just got news the coin grade as-PCGS encapsulated the coin, Cert #28757_ _ _, "1806 $5 Round 6 7X6 Stars" and says "Genuine UNC Details (98 - damage). The reverse of the "slab" will say "Genuine Not Gradable". Can anyone tell me what they think this may mean as far as value ? I should have it back next week


Why not give us the whole cert#?

I've been following the thread silently, and would love to see the pics PCGS takes of the coin....
Forum Dad
Learn More...
bobby131313's Avatar
United States
24180 Posts
 Posted 11/20/2015  6:09 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
UNC details is VERY generous in my opinion. That coin has a lot of wear.
Pillar of the Community
thq's Avatar
United States
3343 Posts
 Posted 11/20/2015  6:17 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
I'll go with $5000-$10,000 range at auction. This one went for a little over $7000 in 2014.

http://coins.ha.com/itm/early-half-...ption-071515

Talk to the people in Salt Lake about it. Per paralyse's comment, this is potentially better than a battlefield relic because of the association with Smith.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
11/20/2015 6:25 pm
Valued Member
United States
61 Posts
 Posted 11/20/2015  6:26 pm  Show Profile   Bookmark this reply Add dignit to your friends list Get a Link to this Reply
paralyse , you can forward this anyone you would like to with my blessing. I abide by all the codes of ethics when it comes to MD'ing and basically anything in life for that matter. I did not include the entire certificate # until I have the coin back in my possession . The coin doesn't have a lot of wear that's how most were struck of this type/variety. As far as W&ET magazine, I sent them photos and was going to submit for find of the year but in the submitting process they want a certificate that it is genuine and I figured when I have the slabbed coin back, then I'll submit it, I also submitted it to Garrett. I'm truly hoping by now people finally understand that this was found by me metal detecting at 13" deep in the soil on November 5th 2015 . Thank you to all of the supporters, I appreciate it. For any further doubt from anyone, won't this be added to the number of known specimens now, proving it wasn't from anywhere else except where I told you all ?
Pillar of the Community
westernsky's Avatar
United States
7633 Posts
 Posted 11/20/2015  6:32 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
You got a coin with "UNC details" that is "genuine, but not gradable" due to the "damage".

We pretty much told you from the beginning that the coin would end up in a details holder because of the damage.

The only way for you to find out your coin's true worth is to shop it around to several dealers and see what they offer you for it. It is not worth anywhere near what a problem-free "Unc" example would bring. The coin stands on its own merits and the story behind it brings diddly squat to the table as far as most knowledgeable buyers are concerned. You could also go the auction route but that can give you less money due to the high fees. You just have to decide what works best for you.

I am not gold expert but I'd guess that the coin would be worth somewhere from 1/4 to 1/2 of what an undamaged MS60 specimen would be valued.

When you take it to the dealers and ask about the coin why don't you record their reactions and offers? Unrehearsed and unedited. Now THAT would be interesting!
Valued Member
United States
61 Posts
 Posted 11/20/2015  6:38 pm  Show Profile   Bookmark this reply Add dignit to your friends list Get a Link to this Reply
western sky, You just don't give up !! You can't give me a break. I simply was asking what opinions people thought the value might be ? I was guessing between $9-$15K , any people with descent knowledge on this may be willing to give a guesstimate ?
Bedrock of the Community
paralyse's Avatar
United States
12057 Posts
 Posted 11/20/2015  6:50 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply

Quote:
As far as W&ET magazine, I sent them photos and was going to submit for find of the year but in the submitting process they want a certificate that it is genuine and I figured when I have the slabbed coin back, then I'll submit it, I also submitted it to Garrett.


I'll be looking forward to it. Also, if you are not a member over at TreasureNet, you might want to consider registering there and posting it in finds, it's almost certainly a banner-worthy find which is a high honor.

Please note that I am not taking sides in this issue; as far as I am concerned since I was not there it may or may not be as you described; my opinion is only that of a numismatist and detectorist and intended to be relatively impartial. This does not mean that I do not believe you, or think you are lying, but it also does not mean that I am endorsing or affirming your story.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Pillar of the Community
thecoinguy1964's Avatar
United States
1316 Posts
 Posted 11/20/2015  7:21 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
dignit, I'm still on the forum, hanging by a hair! Congratulations on your coin once again, and my apologies for a few of the member's personal attacks on you. I can only attain that it has to be jealousy, so just grin and bear it, for I'm sure these small minds will be behind you, as soon as you delete this forum from your favorites.
Happy hunting & Happy holidays to you and yours!
Regards,
Ron
Valued Member
United States
61 Posts
 Posted 11/20/2015  7:30 pm  Show Profile   Bookmark this reply Add dignit to your friends list Get a Link to this Reply
Thank you thecoinguy1964 ! Delete this forum ? When I get the coin back from PCGS , I'd like to post some photos of it & do people sell their coins on here and do I need to first be a member for awhile before doing that ?
  Previous TopicReplies: 255 / Views: 23,828Next Topic
Page: of 17

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.56 seconds to rattle this change. Forums