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1880 $5 Gold Piece - What To Do?

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/05/2011  12:41 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
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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upstate's Avatar
United States
3283 Posts
 Posted 04/05/2011  4:12 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
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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JackB's Avatar
United States
1064 Posts
 Posted 04/11/2011  9:12 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
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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delaner's Avatar
United States
870 Posts
 Posted 04/12/2011  2:30 pm  Show Profile   Bookmark this reply Add delaner to your friends list Get a Link to this Reply
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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