Looking To Sell An 1880 Newfoundland $2 Gold Coin AU-58

Review selling rules for here...50 post to purchase, 250 posts to sell, there is a reason...

You can do a couple of things:

1). Put it on ebay as a "Buy It Now" with a price that you think is fair.... probably somewhere between AU and Unc. You can also entertain "Best Offers". Maybe somebody can come close to what you want out of it.

2). Your other option is major auctions like Heritage or Great Collections.

There are advantages and disadvantages to whatever path you choose.

Good luck!

Looking at the ebay "completed" auctions or any commercial auction such as Heritage is the only way that you are going to find out what you MIGHT be able to sell it for. There are none that have sold on ebay in the last few months. If the "book" value is around $5000, you might be able to get between $2700-$3000 for it. Then ebay & paypal will take their slice, so you would clear around $2000. I think Heritage or other major coin auction where you will have an audience of higher grade collectors and dealers. I'd stay away from TCNC and their auctions.

We look forward to your participation.

If you inherited it, and have nothing in it other than grading fees, then keep it and enjoy it for many years to come.

Once you sell it and have the money In-hand the money will go away pretty quick!

Family will enjoy the cabin regardless of how many $ you put in to it. A couple of bucks either way won't matter. But once that coin is gone... it's gone...

The coin doesn't take up much space, so unless you are starving to death I would suggest keeping it. Bring it out at Xmas, or on the late person's birthday / anniversary of their passing etc, and reminisce.

Guess it depends on how close you were to the person who left it to you. Chances are they had a lot of pride (if not money) invested in said item... Even if you don't appreciate it for what it is, perhaps one of your heirs might?

Spruett,
Thank you that
Yes, for sure I'll post the info if I put it on the market. My great grandparents owned a general store in a tiny community in NFLD and this coin + an 1882 $2 piece were handed down from them. Keeping the '82 for sure for posterity, along with a bunch of other old NFLD coins, presumably from "the store" too.

Well said.



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