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1904 $20 US Gold Coin

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New Member

United Kingdom
9 Posts
 Posted 08/20/2006  7:04 pm Show Profile   Bookmark this topic Add pec2006 to your friends list Get a Link to this Message Number of Subscribers
Hello, this is my first post on this forum so I thought i`d put up pictures of the oldest gold coin in my collection. I`d be interested to hear what people think of it.

1904-$20-US-Gold-Coin


1904-$20-US-Gold-Coin


Thanks.
Valued Member
sandpaper's Avatar
United States
335 Posts
 Posted 08/20/2006  8:23 pm  Show Profile   Bookmark this reply Add sandpaper to your friends list Get a Link to this Reply
Well Pec,thats a mighty fine coin you have there.I will guess M.S. 63.Others will give their educated and experienced opinions as well as explanations.Mine is; mighty fine coin.
Edited by sandpaper
08/20/2006 8:29 pm
Member
laxmaster92's Avatar
United States
1154 Posts
 Posted 08/20/2006  9:17 pm  Show Profile   Bookmark this reply Add laxmaster92 to your friends list Get a Link to this Reply
Now that's an awesome coin right there, I have no knowledge whatsoever on grading gold coins so I'm going to hand this over to the experts. I just wanted to say AWESOME COIN!
New Member
United Kingdom
9 Posts
 Posted 08/21/2006  02:12 am  Show Profile   Bookmark this reply Add pec2006 to your friends list Get a Link to this Reply
At the moment I only have 3 old gold coins, the other 2 are 1924 St Gaudens which I bought a bullion value. Is it worth holding on to these as an investment or would I be better off getting some 1 oz gold pandas.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 08/21/2006  03:04 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
definately hold on to these, they have numismatic value wheer the golden panda's will just always be a bullion coin which trades at what ever gold is trading at, at that certain time of sell. I would always choose the older coins made for circulating over a bullion coin that was never meant for circulation anyday because the collectors will always be there for the coins where if the bottom falls out of the gold bullion market then you could loose a bundle on bullion peices
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Metalman's Avatar
United States
7123 Posts
 Posted 08/21/2006  04:04 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi pec2006 Welcome to the forum !!

The coin is very pretty !!which brings me to the point of my post .

This coin needs to be authenticated, there are many very good forgeries that were made in the 70's of this design and date.

I suggest that the coin be sent to one of the top TPG's for grading and authentification,, PCGS,NGC or Anacs.

There is no way that we can authenticate the coin from a pic,, or even with the weight since the forgeries were very good and considered dangerous by the coin guides,, this label makes them very deceptive ,,it will take an expert with the coin in hand to determine the coins legitimacy.

This coin if legitimate could grade as high as an MS-66 at this level the coin would have a value of over 5 grand and be in some very prestigious company ,, where did you buy the coin ? was it from a trusted dealer ?coin show ? or other ?







Rick

Edited by Metalman
08/21/2006 04:19 am
Valued Member
sandpaper's Avatar
United States
335 Posts
 Posted 08/21/2006  04:14 am  Show Profile   Bookmark this reply Add sandpaper to your friends list Get a Link to this Reply
quote:
Originally posted by Metalman

Hi pec2006

The coin is very pretty !!which brings me to the point of my post .

This coin needs to be authenticated, there are many very good forgeries that were made in the 70's of this design and date.

I suggest that the coin be sent to one of the top TPG's for grading and authentification,, PCGS,NGC or Anacs.

There is no way that we can authenticate the coin from a pic,, or even with the weight since the forgeries were very good and considered dangerous by the coin guides,, this label makes them very deceptive ,,it will take an expert with the coin in hand to determine the coins legitimacy.

Rick



Yikes...I agree with Metalman.
New Member
United Kingdom
9 Posts
 Posted 08/21/2006  06:07 am  Show Profile   Bookmark this reply Add pec2006 to your friends list Get a Link to this Reply
I got the coin from ebay, from a high rated seller here in the UK.

It was actually mounted in a necklace mount but did come supplied in the same box that was supplied when he got in from a jewellers.

All in all I would say it cost me about $680 which I though was very good.
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wrk4lvg's Avatar
United States
756 Posts
 Posted 08/21/2006  07:18 am  Show Profile   Bookmark this reply Add wrk4lvg to your friends list Get a Link to this Reply
WOW! I have a 1904 as well.....er, ummm, however, it's only a $5.
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ageka's Avatar
Belgium
2078 Posts
 Posted 08/21/2006  10:03 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Welcome pec
My wife saw the pic on the screen and was virtually drooling

But photos can be misleading especially at 72 dpi and that glazed look
An honest scan might show that the coin probably is polished and worn on the high points .

I just now found the time to compare the coin with a standard uncirculated coin and because of what looks like wear on the hair below the Liberty crown I would guess this coin is somewhere
in the XF range
and if that is true the value would be 622 dollars if you were selling today and probably 682 if you were buying today

http://www.gold4ex.be/servlet/javap...or_new&lg=nl

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ageka's Avatar
Belgium
2078 Posts
 Posted 08/21/2006  10:13 am  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
PEC

from what I understand you are UK based ?
If you want to invest in coins that could have a lot of value in the future try to get some absolutely unblemished Elisabeth II new sovereigns of the series starting in 1957
They are sold at bullion prices
Me and my friend tried to put together a series in MS65 and failed because the design seems to high on the cheeck and gets scratched too easily


Image: 1904-$20-US-Gold-Coin Sov 1958-2.jpg
43.28 KB


1904-$20-US-Gold-Coin
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Bonedigger's Avatar
United States
1267 Posts
 Posted 08/21/2006  1:12 pm  Show Profile   Bookmark this reply Add Bonedigger to your friends list Get a Link to this Reply
WOW, such a beautiful coin. I really like these more than the St. Gaudens, I'll say it's in the AU-58 range.

Ben
New Member
United Kingdom
9 Posts
 Posted 08/21/2006  2:49 pm  Show Profile   Bookmark this reply Add pec2006 to your friends list Get a Link to this Reply
I have posted some high resolution scans on the links below.

Is the slight colour difference on the upper rim anything to worry about.

http://i64.photobucket.com/albums/h.../1904aaa.jpg

http://i64.photobucket.com/albums/h.../1904bbb.jpg

They are pretty large files but they contain alot more detail than my first pictures.

Thanks.
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ageka's Avatar
Belgium
2078 Posts
 Posted 08/21/2006  3:00 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
If you mean the color between the letters that is the original strike lustre ( what is left of it )
These pics reconfirm an XF rating
New Member
United Kingdom
9 Posts
 Posted 08/21/2006  3:01 pm  Show Profile   Bookmark this reply Add pec2006 to your friends list Get a Link to this Reply
Here is one of my 2 other old US coins.

1904-$20-US-Gold-Coin


1904-$20-US-Gold-Coin
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ageka's Avatar
Belgium
2078 Posts
 Posted 08/21/2006  3:12 pm  Show Profile   Bookmark this reply Add ageka to your friends list Get a Link to this Reply
Now you are talking
this looks like an MS63
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