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 Replies: 16 / Views: 4,490 |
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New Member
United States
6 Posts |
My father owns a gun store and managed to get one of these coins out of a deal and we are trying to find out how much it might be worth and how to go about selling it. It's quite brilliant- seems to have been kept in a little case (and by how old/worn the case looks for a very long time). It says 1903 on the front and says Liberty Head 2 1/2 D. on the back along with the eagle of course. I read that depending on where it was minted (philly, new orleans etc) might have an impact on its worth but I have no idea how to tell where it would have been minted.I will try to answer any questions to the best of my ability. Any information that anyone could give would be wonderful, thank you.
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Bedrock of the Community
United States
36830 Posts |
You will need to post some clear photos before anyone here can tell you what you have. The biggest concern would be if it were genuine or not.
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Pillar of the Community
United States
5854 Posts |
The place a coin was minted can mean a significant difference in value. The place to look on your coin would be right below the eagle. Sometimes there is a letter there that would indicate the place it was made. For your coin, there should be no letter below the eagle because they were all made in Philadelphia. We will need pictures to be able to tell you the value of the coin since condition and authenticity can make a big difference. If the coin is genuine, it would be worth at least $190 from the gold it contains.
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New Member
 United States
6 Posts |
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Bedrock of the Community
United States
36830 Posts |
That coin is unbelievably mark free from what I can see in your photos. It has a bunch of copper spots which is not ideal. I would suggest you find a coin dealer near you that can submit this coin to either PCGS or NGC for certification. This coin could be worth serious money if certified MS-66 or above.
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New Member
United States
6 Posts |
I'm going to assume we can't do anything about the copper spots without damaging the coin?
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Pillar of the Community
United States
5854 Posts |
I agree with IGE. This one looks unusually free of marks and could grade very high. This coin looks like a good candidate for NCS who should be able to remove the copper spots without damaging the coin. If you do send it in for conservation, it can be transferred over to affiliate NGC for grading and authentication.
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New Member
United States
6 Posts |
Ok, I just looked at both of those sites. Is NGC recommended over the other one? I saw there are a couple different ways to submit a coin (either join and become a member for $ or find a authorized dealer to handle it for a fee I imagine). We just have this one coin, does anyone have any recommendations on how to handle this?
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New Member
United States
6 Posts |
My father wants to know if it was graded a MS-66 or above, does anyone have any idea how much it might be worth? Basically he wants to know if it is worth having it cleaned, graded, authenticated etc when it is all said and done.
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Pillar of the Community
United States
5854 Posts |
PCGS usually brings more money but if you get conserved by NCS and then graded by PCGS you will spend more time and money shipping it. I am not sure if PCGS will grade the coin as problem free with the copper spots but I think at best you would receive a grade deduction. Since this is your only coin, it would probably be more cost efficient to find a trustworthy authorized dealer to submit this for you. Just checking Heritage, MS-65's can bring around $1400 at auction and MS-66's can range from $1500 to $2000+. The range in prices at MS-66 could be due to the different prices that PCGS and NGC bring as well as subtle nuances in eye appeal. Also, if you didn't already know, only handle this coin very carefully by the edges. It doesn't take much to drastically reduce the value.
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Bedrock of the Community
United States
36830 Posts |
Edited by IndianGoldEagle
07/14/2012 12:17 pm
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Pillar of the Community
United States
2424 Posts |
wow that coin looks near perfect! dont touch it with bare hands! use white gloves
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New Member
United States
6 Posts |
Thanks so much! I had no idea about handling, I haven't really touched it except to take the pics, but I will handle it correctly from here on out and I'll let my father know.
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Valued Member
Canada
220 Posts |
Please get it to NCS then NGC, and after you get it back, please post a picture of it in its NGC holder. Can't wait to see what it grades!!
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Pillar of the Community
United States
3184 Posts |
first off, please be very careful getting gold coins raw. Their are many fakes.
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Pillar of the Community
United States
3486 Posts |
As a coin person and not a gun person, how much $$$
was allowed for this item/deal?
That would greatly help the members to give a better assessment.
Edited by matthewvincent
07/14/2012 4:42 pm
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Replies: 16 / Views: 4,490 |
Posted 07/14/2012 11:06 am
