| Author |
 Replies: 38 / Views: 10,547 |
|
New Member
United States
9 Posts |
I was wondering the value of this! I was told by one dealer that the value is much diminished due to the fact is on a bracelet and therefore subject to abuse, which I can understand. But looking at each individual coin shows they are in Very Good condition! I don't think anyone ever wore this bracelet. You can see feathers in the Indian coins, and other excellent details. Should I take the coins off the bracelet and put them in individual envelopes to increase the value? I am looking to sell. 1874 Indian Princess Gold Dollar 1852 Liberty Head Gold Dollar 1910 Indian Head 2.5 1915 " " 1926 " " 1874 3 Dollar 1901 Indian Princess 5 1909 Indian Head 5 'S' 1881 Liberty Head/Gold Eagle 10 1910 Saint-Gaudens 'S' 20 1928 " " Thank you for your opinion.  |
|
|
|
Rest in Peace
United States
7075 Posts |
 Wowie -- that's some bracelet! If you are not new to learning about coins, skip this: Coins are graded from 0 to 70. Zero means you can still tell that it's a coin and 70 is perfection. Very good is pretty low on the scale. I think it goes, Poor, Fair, Good, Very Good, Fine, Extra Fine, About Uncirculated, Brilliant Uncirculated, Proof-like, Proof.... I may not have that entirely right, but Good means you can read the date and most of the features are still there and Very good is the same but less worn. You still have the value of the gold. The coins may be a tad underweight due to wear but you can look on the coin facts page on this site to see what they should weigh and add it all up. (Look at the column on the left of this page and click on US coin facts.) Aside from the gold, the coins have numismatic value -- and your coins still have that, but not as much as coins that were kept safely locked away and have no dings or scratches. The price of coins goes way up as they reach the high 60's and the price of perfect coins is another big leap. You can check recent sale prices on a site called Numismedia Fair Market Price. That is the price that dealers SOLD coins for, and it covers the value of the coin and the cost of running a business, so expect to get offered less than the prices you see listed. Hope that helps. |
|
Pillar of the Community
United States
4897 Posts |
Potential damage to the reeding caused by the bezel would be a concern. Regardless of how much the jewelery was worn most of the numismatic value is gone ....imo. I have seen more than a few former jewelery pieces and can usual tell from bezel damage. I think any decent dealer is going to know they were bezelled. |
|
Valued Member
United States
102 Posts |
As a rough estimate, you're looking at about $6,100 in gold value as of today. The numismatic value may be diminished, but from the pictures, they don't look too horrible. I'd recommend bringing it to local dealers but don't jump at the first offer.
Good luck!
|
|
Pillar of the Community
United States
1796 Posts |
Wowzers that's a find! That also must be fairly heavy on the wrist. :-) Yes do NOT jump at a first offer. There are also services such as NCS ( http://www.ncscoin.com/) that can properly remove the findings and restore the coins, greatly increasing their numismatic value. Double good luck! Edited by SteveCaruso
02/15/2012 5:53 pm
|
|
New Member
 United States
9 Posts |
Thanks for the excellent responses and advice!
|
|
Pillar of the Community
United States
3486 Posts |
From the point of view from a collector:
They were damaged in the conversion to jewelry.
No amount of "restoration" can change that fact.
If you just want to sell, take the bullion value and be happy.
|
|
Pillar of the Community
United States
531 Posts |
Sorry for your loss. As far as selling goes. First, DO NOT go to any hotel buyer that advertises in you local newspaper. They will attempt to talk you into accepting an offer far below their true value. DO NOT use a mail in gold buyer, same reason. Do find local coin shops, and/or local jewlery stores that have been in your community for many years. Visit all of them and get their best offer.
Others here might even be able to recommend places to get bids from if we knew the general area, maybe the area of the state you were located in. I know of several reputable places in southern Michigan for example.
|
|
Rest in Peace
United States
4849 Posts |
-That has got to be one of the coolest things I've ever seen! I'm a big gold type fan, and would pay melt for that bracelet all day long if I had the cash...so you should definitely be able to get a premium over melt for it.
- An important aspect to consider for value is whether or not there is solder damage on the coins. If they are simply placed in the bezel and not soldered, the jewelry aspect does not have as much of an impact.
-The coin details look roughly XF-AU to me from the pics. Most gold falls into that grade range.
Coins that definitely have a premium:
$3 gold- This will have a SIGNIFICANT premium over melt even with damage if the coin is genuine. $1 gold coins also always carry a premium, and I would say the 1909-s indian half eagle would carry some premium in any grade since it's a slightly better date.
The rest of them are all condition dependent. If there is no solder damage and they can be removed from the bezel without damage, go ahead and either remove them(or have a professional do it), and post pics of the coins individually. We can give you more info then.
|
|
Pillar of the Community
United States
3486 Posts |
Agreed, johnny54321,
The $3 piece might be worth cutting off from the chain.
Even cleaned and a former jewelry piece, this coin is worth a little extra care.
Edited by matthewvincent
02/15/2012 6:59 pm
|
|
Pillar of the Community
United States
3283 Posts |
That is beautiful, how much does it weigh?
|
|
Pillar of the Community
Canada
3692 Posts |
As a coin collector, yes the coins' values are diminished. However, with the gold and the bezels and the work put into setting them you still have value over melt. Don't wear it a lot, though.
(How would a bezel have soldering damage? You would instantly see the changed color.)
Edited by Libertad
02/15/2012 9:18 pm
|
|
Pillar of the Community
United States
764 Posts |
You are not likely to get more than the melt value for any of the coins except for the three dollar coin. The three dollar coin might get you $400 or so. If you get an offer above the melt value for any of the others, I suggest you take that offer.
|
|
Rest in Peace
United States
4849 Posts |
Another thing to add is polishing/cleaning. Many folks polish and clean coins they put in jewelry which kills the value, but it's definitely not a "given" that htey are cleaned. It is possible to put a fresh problem free coin in a screw-on bezel(without solder or crimping the coin) and even wear it a few times without damaging the coin. If the coins are easy to remove by basically "unmessing with" the bezel, by all means, remove them and take closeup shots to sell individually. Even junky classic gold common dates command a 5-10% premium over melt all day on ebay, and with $6000 in gold, at worst you should be able to get a couple hundred dollars premium for all the big gold coins, and even a cleaned XF 1874 $3 gold will bring $600-700 in a slab all day($350 over melt), and the $1 pieces will sell well over melt. |
|
New Member
United States
9 Posts |
Thank you Johnny and everyone for the valuable insight and comments!
Upstate: It weighs 6oz. total.
|
|
Valued Member
United States
126 Posts |
Wow, congratulations, that's awesome.
|
| |
Replies: 38 / Views: 10,547 |
Posted 02/15/2012 4:40 pm
