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1862 United States Gold One Dollar Coin Pierced

 
 
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Pillar of the Community
921 Posts
 Posted 06/25/2015  12:45 pm Show Profile   Bookmark this topic Add aardspeed to your friends list Get a Link to this Message
I'm sure this is a fake or is it?

For $85usd with no bids, it has left me ...


http://www.ebay.com/itm/1862-United...em5d5a0902f0






...instead of making a new post, I'll add this here as well because this should have the rare 1991 quarter:

http://www.ebay.com/itm/1985-to-199...em487ff668d7

Hope someone gets a good deal!
New Member
United States
36 Posts
 Posted 06/25/2015  1:08 pm  Show Profile   Bookmark this reply Add grinx76 to your friends list Get a Link to this Reply
$56.82 melt value
Pillar of the Community
United States
6427 Posts
 Posted 06/25/2015  1:17 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Yeah, a bit over priced for a common date net grade coin.
Pillar of the Community
United States
4205 Posts
 Posted 06/25/2015  3:09 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I would think it is genuine based on a well versed seller in coins and 100% positive feedback and a high number also. And yes it's melt value is under $60 and with the hole I'm guessing that is what is keeping someone from bidding. I would bid....less the hole in it.
Pillar of the Community
Canada
5417 Posts
 Posted 06/25/2015  6:50 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
It's a common date, heavily worn, holed and damaged coin. I wouldn't want it for my collection and if I did buy it, I wouldn't pay a cent over melt for it.
Pillar of the Community
United States
6427 Posts
 Posted 06/25/2015  7:39 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Spot price is not even 50 dollars. Think of the % of its weight loss from the hole.
Pillar of the Community
United States
7707 Posts
 Posted 06/26/2015  12:27 am  Show Profile   Check oih82w8's eBay Listings Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
The loss of weight from the hole may be minimal if it was pierced and drilled out. Piercing the hole would "cold work" the material by making it denser at the inside diameter of the hole, not necessarily removing material. Best way to find out...weigh it.
oih82w8 = "Oh I Hate To Wait"
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