1856-S Indian Head - Type 2 Value - Coin Community Forum

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Author	Replies: 7 / Views: 1,438
LAJLeeds New Member United States 2 Posts	Posted 03/26/2008 8:24 pm Hello. I have an 1856 s Gold Indian Head - Type 2 that is at least AU condition. The problem is that it was made into jewelry by soldering a pin to the center of the back side. I got an opinion from a goldsmith and he suggested that I have the pin removed to determine if there is any damage from the lead solder. If bad, just re-install the pin. Any good recommendations on how I should proceed? Any ideas of the value of the coin with/without the pin, assuming minimal damage? Thanks Report this Post to the Staff

Becky Pillar of the Community United States 954 Posts	Posted 03/27/2008 02:35 am Unfortunately, once the coin was turned into jewelry, it is always a jewelry piece. That automatically lowers its value considerably. I would just sell it as is. Edited by Becky 03/27/2008 02:36 am Report this Post to the Staff
j_h_s Pillar of the Community United States 1934 Posts	Posted 03/27/2008 07:07 am Check out this ebay sale of an 1855 Princess Gold Dollar with loop soldered onto it. Item #140214534977 Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 03/27/2008 08:50 am A coin once soldered will always be damaged. On the brightside, it is worth gold value at a minimum which is about $50. Do you know if the pin is gold as well? Report this Post to the Staff
amac44 Member United States 3242 Posts	Posted 03/27/2008 1:30 pm all I can say is Welcome there views I agree with. Report this Post to the Staff
Jaobler Pillar of the Community United States 6400 Posts	Posted 03/27/2008 2:12 pm Hello LAJLeeds, Welcome aboard, glad to have you! The 1856-S is a much better date and is quite valuable when it's undamaged. It is unfortuantely very unlikely that you can restore your coin to anything close to it's pre-jewelry value. At the recent Long Beach coin show I spoke with Douglas Winter who is an expert on branch-mint gold coinage, especially Charlotte and Dahlonega coins. He had a beautiful 1856-S Type 2 gold dollar that as I recall was certified AU-55 by PCGS. The price was over $5000. As the only Type 2 gold dollar from San Francisco, it is a very desirable coin. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 03/27/2008 4:08 pm WELCOME TO THE FORUM. Unfortunately as already stated that coin is shot as a coin. One main reason is when the Solder was melted it probably blended into the gold. Removing the Solder would scar the coin horribly. Report this Post to the Staff
LAJLeeds New Member United States 2 Posts	Posted 03/27/2008 9:42 pm The pin looks gold but I was told it is not. I think that I'll have it removed to check the extent of damage. Report this Post to the Staff
	Replies: 7 / Views: 1,438

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