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 Replies: 21 / Views: 2,349 |
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Moderator
 United States
16679 Posts |
I would wager AU55 and MS61.
Of course these are my opinions. Yes, send them in.
swcoin.ecrater.com
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Valued Member
 Norway
61 Posts |
My time frame is that the coins I build up now stays with me at least until I'm 40....which means 12 years from now. The money I spend now are money I would have used on electronics and other stupid things, and my girlfriend is just happy that I have a hobby that drives me :) Off course - I have a lot of bullion etc and some will be sold before that time to buy coins I really want to have but the US double eagles and pre 1933 coins I intend to keep as the "jewels of my collection"...if you see my point :)
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Moderator
United States
16679 Posts |
When I was 28, I was pretty serious about collecting/investing.
About 23, I sold some coins I will never see again (made stupid financial decisions).
I'm 44 now and am glad I made the decisions I did at your age ;-)
swcoin.ecrater.com
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Pillar of the Community
United States
8137 Posts |
I would get them certified for the confidence of authenticity it would give.
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Pillar of the Community
United States
759 Posts |
@christians86, OK, I was thinking if you wanted to sell in 2-3 months, spot market moves very well could erase any bump you might get from slabbing. If these are to be the long term jewels of your collection, I could see slabbing the 1893. As for the 1904, your call, but I don't see much upside. I love my raw AU double eagles as there is something special about being able to actually handle that gold weight, history and value. I hand my kids a slab, they couldn't care less. I hand them the double eagle and it's, "Wow." My raw gold is part of what makes this enjoyable for me.
And I applaud your financial decision making. Years from now others will have a pile of obsolete electronics and you have your collection and a bunch of bullion on the asset side of your balance sheet.
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Valued Member
Norway
61 Posts |
Thanks everyone :)
I'll have to think about it....I have friend who ships to NGC on a regulary basis, and he offered to let me in as he has shipping deal with UPS including insurance. So I might just ship both with him as the cost is 200 NOK or something per coin maybe. I'll have to see :)
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Pillar of the Community
Canada
5417 Posts |
200 NOK is about $30 USD per coin so that doesn't seem bad. Good luck  |
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Pillar of the Community
United States
506 Posts |
Please keep us posted.  |
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Bedrock of the Community
United States
36746 Posts |
1904 AU-55
1898 MS-61
Since they are worth at least $1200-1300 each, I would get both coins slabbed.
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Pillar of the Community
United States
5854 Posts |
1904: AU-55
1898: MS-61 maybe 62 but probably no higher.
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Valued Member
Norway
61 Posts |
ah...how fun, then I bought a MS coin for under melt :)
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Bedrock of the Community
United States
10982 Posts |
It's interesting the 1904-S reverse looks almost MS but the obverse is AU at best. Does it appear metal was removed from the cheek area? Are the rims fully reeded and intact? I'd bet the 1904 will get a details grade but might grade AU53 or so.
The 1898-S does look better and possibly MS. Is there some contamination on the left wing (reverse side)? When I've owned raw pieces like these I weigh them and confirm the diameter and thickness. Your coins look fine to me. My biggest concern is the 1904s cheek that appears "shaved" in the image. Slabbing is completely your call and only worthwhile financially if they are problem-free, Mint State coins.
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Bedrock of the Community
Australia
21788 Posts |
Might be worth getting them slabbed for authentication purposes only.
Nevertheless from the pictures presented, they look OK.
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Moderator
United States
23522 Posts |
Quote:
It's interesting the 1904-S reverse looks almost MS but the obverse is AU at best. My thinking is an old/new die pairing - there's evidence on the obverse of poor strike in addition to slight wear. Looking at the reverse, it's technically a coin of far higher grade than the obverse indicates. And you have to think seriously about that, because coins don't wear on only one side. Judging from details on the cheek and neck, it looks like the coin sustained a postmint hit from something knurled (may be bag marks but the lower detail doesn't look like a reeding "slide"); as soft as gold is, that hit could have wiped detail off the obverse without much damaging the reverse. |
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Bedrock of the Community
United States
10982 Posts |
Good points SD. They are worth their weight in gold for sure!
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Replies: 21 / Views: 2,349 |
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Posted 10/04/2014 5:36 pm
