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 Replies: 19 / Views: 2,496 |
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Valued Member
United States
61 Posts |
My mom wore this piece a lot in the day. What does one do with it now?   Edited by KHald
04/04/2011 1:57 pm
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Valued Member
United States
312 Posts |
Are you looking to sell or figure out how to best hold onto it? Given how high gold is right now, the coin itself would probably go for a little bit more than melt in that condition. Only the really high grades are really bringing premiums.
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Valued Member
 United States
61 Posts |
I am undecided about selling or keeping. It's the only gold coin I have. How does one remove it from the 'mount'?
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Pillar of the Community
United States
759 Posts |
Your best bet would be to have a jeweler remove it from the mount while preserving the mount. You could give it a shot yourself by straightening the 4 mount hooks, but you'd most likely leave marks there and one slip and you'll gouge the coin. Some jewelers would do it for free. It only takes them about a minute or two.
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Bedrock of the Community
United States
12437 Posts |
It is worth noting that gold coins removed from jewelry mounts almost always show signs of the mounting(damage) and many have been buffed/polished.
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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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Replies: 19 / Views: 2,496 |
Posted 04/04/2011 2:28 pm
