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Here We Go Again. What Not To Do To A Gold Coin Part 2

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Author Previous TopicReplies: 13 / Views: 1,576Next Topic  
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mds308's Avatar
United States
1721 Posts
 Posted 11/19/2012  4:24 pm Show Profile   Bookmark this topic Add mds308 to your friends list Get a Link to this Message Number of Subscribers
I paid about 20 dollars under spot for this crippled 2 1/2 dollar Liberty gold coin. Once again, sacrificing gold coins for the sake of jewelry. And to top it off, the solder job was poorly done. People will never learn. Boo Hoo.



Here-We-Go-Again.--What-Not-To-Do-To-A-Gold-Coin-Part-2

Here-We-Go-Again.--What-Not-To-Do-To-A-Gold-Coin-Part-2
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jbuck's Avatar
United States
187702 Posts
 Posted 11/19/2012  6:19 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
$20 under spot is still a nice purchase.

At least you know she is better off with you that someone else who might melt her.
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DNA's Avatar
United States
2734 Posts
 Posted 11/19/2012  10:54 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Still beats a hole through the coin IMHO.
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basebal21's Avatar
13014 Posts
 Posted 11/19/2012  11:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
What was that a necklace? Talk about asking to get robbed
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/20/2012  12:19 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
What was that a necklace? Talk about asking to get robbed


Truth. Now, consider the fact that it was almost certainly contemporary, and how far a Dollar would go in that day, when the wage for a skilled worker was less than Twenty Cents an hour.

To us, it's a "damaged" coin. To the original owner, it was a treasure.
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vermontensium's Avatar
United States
16677 Posts
 Posted 11/20/2012  12:25 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
The eyelet indeed is crude and I am also thinking contemporary. Cool find for slightly under spot.
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jbuck's Avatar
United States
187702 Posts
 Posted 11/20/2012  10:31 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Still beats a hole through the coin IMHO.
I agree.
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mds308's Avatar
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1721 Posts
 Posted 11/20/2012  11:43 am  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
Back when gold was around 600-700 dollars, I saw one dollar US gold coins sell around 75-90 dollars for common pieces. I was at an auction and they had one where the reeded edge was ground off to fit a bezel. When the auctioneers hammer fell the severely damaged coin brought 125.00 dollars. The buyer could have bought nicer ones on ebay for less. You just never know.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 11/20/2012  9:14 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Arg! Better off in your care than in a smelter's hand as was metioned earlier.
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basebal21's Avatar
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 Posted 11/20/2012  9:23 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:

Truth. Now, consider the fact that it was almost certainly contemporary, and how far a Dollar would go in that day, when the wage for a skilled worker was less than Twenty Cents an hour.

To us, it's a "damaged" coin. To the original owner, it was a treasure.


Absolutely. I imagine that neckless stayed inside the shirt most of the time and was accompanied with a colt on the hip
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jakedacc's Avatar
Canada
1177 Posts
 Posted 11/20/2012  9:32 pm  Show Profile   Bookmark this reply Add jakedacc to your friends list Get a Link to this Reply
damn, american gold is BEAUTIFUL
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mds308's Avatar
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1721 Posts
 Posted 11/20/2012  9:45 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply


Even when a little boogered up.
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DNA's Avatar
United States
2734 Posts
 Posted 11/20/2012  10:39 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Probably worn by someone born in 1854, and back in the later 1800's they could well have found this Quarter Eagle in circulation.

Quote:
Talk about asking to get robbed

Like wearing a $100 note dangling from a necklace today!
Edited by DNA
11/20/2012 10:42 pm
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Steele's Avatar
United States
1119 Posts
 Posted 11/22/2012  7:36 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply
Is the loop made of gold as well? thats gota be a few buck extra gold value if it is
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