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 Replies: 18 / Views: 3,187 |
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Pillar of the Community
614 Posts |
I skimmed over this thinking it was the usual "grade my gold" thread, then something made me go back up and I nearly spit out my tea when I saw that you bought it at a yard sale.
As to what it is, no clue. Great find either way!
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Pillar of the Community
United States
3843 Posts |
Not knowledgeable in the series but I don't think this coin is genuine. Either that or it is ex-jewelry and that is why the denticles and rims are messed up.  Edited by Joe2007
01/11/2013 11:37 pm
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Pillar of the Community
United States
3453 Posts |
I think Joe is correct about it being a jewelry piece. The wear on the reverse is substantially worse than the obverse.
I cannot say whether it is genuine or not...waiting for additional opinions.
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Pillar of the Community
 Australia
4411 Posts |
There are light scratches on the reverse near the top so I think there may have been solder or something there that has been removed.
Like Sel said I'm pretty sure its gold either way. For $20 I got over a kg of world coins from which I picked out over $80 of silver. There was a very nice australian florin which is probably worth $50+ and this. If I got $60 for it id be over the moon.
Edited by enworb
01/12/2013 12:29 am
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Pillar of the Community
United States
3843 Posts |
Sounds like a great day! Like Scurry said this has a melt value of a little over $80 if it is gold which I'm betting it is since even many older non-genuine gold coins still have the same precious metal composition as a legit coin. I'm now leaning towards legit with serious PMD. Edited by Joe2007
01/12/2013 12:07 am
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Pillar of the Community
United States
1511 Posts |
Very very nice!! Damaged or not gold is gold, and for the price  What a day! Congrats!! |
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Pillar of the Community
United States
900 Posts |
The weight of your dollar is fairly accurate. It should weight 1.7 grams. Considering the age of the coin and the amount of wear, I would say you are in the ballpark.
The diameter, however is way off. Although the information I have found is somewhat inconsistent, your coin is way too small. It should have a diameter between 14.3 mm and 15mm. At 1.5 mm, your coin is too small. Can you check the measurement again?
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Bedrock of the Community
United States
17884 Posts |
He probably misplaced the decimal point and it should be 15 mm. (If it IS 1.5 mm, then he has done a fantastic job photographing it.)
Edited by Conder101
01/12/2013 11:23 am
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Valued Member
United States
159 Posts |
This coin looks to be genuine with PMD. I have a had a little experience with the series but I am not an expert. Great Find!!  |
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Pillar of the Community
United States
2589 Posts |
If genuine these are always worth more than melt. They regularly sell for $50 or more over melt value even in damaged condition. The only gold dollars that trade for melt are completely defaced love tokens, or coins that have the date unidentifiable. Even holed examples regularly sell for well over a hundred dollars a piece.
-XoG
Edited by XavierOfGreen
01/12/2013 12:21 pm
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Bedrock of the Community
United States
36746 Posts |
It looks genuine but would carry a details grade for the problems. Still worth $125-150 and more than just it's melt value.
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Pillar of the Community
United States
1721 Posts |
Great find. My (ex) brother-in-law found a British Sovereign on a stick pin at a yard sale for 5 dollars. He always had the best serendipity.
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Pillar of the Community
Australia
4411 Posts |
Diameter is 15mm or 1.5cm sorry. With my fat fingers I'm sure I would have lost a 1.5mm coin by now lol.
Thanks to everyone gor your input. This is now the best yar sale find I've had. I I'm bored on a sarurday and the mrs feels like a drive I always check out garage sales and just ask if they have coins. Most of the time I turn up nothing but I i get one half as good as this every time then its alright,
There was an 1892 columbian expose half dollar on the lot as well. Is the classic US grading forum a suitable place to put that coin or is it not really a US coin?
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Pillar of the Community
United States
900 Posts |
The classic US Coin grading forum is the appropriate place to solicit opinions as to grade. Congratulations on your purchase. I have been wanting one these for a few months. I just haven't pulled the trigger yet.
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Pillar of the Community
Australia
4411 Posts |
Thanks to everyones help I sold it today for $100. I'm going to buy a coin that better suits my collection with the profit.
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Posted 01/11/2013 11:33 pm
