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5 Dollar Liberty Gold Coin

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kavern23's Avatar
Canada
78 Posts
 Posted 12/17/2012  8:59 pm Show Profile   Bookmark this topic Add kavern23 to your friends list Get a Link to this Message Number of Subscribers
Hello, I am thinking about buying a 5 dollar gold coin for my uncle and am only really familiar with Canadian Coins.

My local coin shop has a 1881s 5 dollar Liberty (PCGS MS61) for sale at price of 625? What is a good reasonable price to offer him?

Thanks
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IndianGoldEagle's Avatar
United States
36744 Posts
 Posted 12/17/2012  10:28 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
$625 is full retail value. You should be able to pick one up in the $550-575 range.
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Jaobler's Avatar
United States
6384 Posts
 Posted 12/18/2012  12:33 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply

The 1881-S is a common date and is readily available in low mint state grade. Many other dates from 1880 through 1908 are likewise available and will have similar prices. Make sure the coin you choose has good eye appeal. There can be significant differences between examples graded MS-61; some might be heavily bag-marked while others can be more attractive with nice luster and only small, scattered marks. I advise holding out for a nice one!

Another choice would be one of the Canada five-dollar gold coins from 1912-1914. These might cost a bit more than a comparable common-date USA piece but are much scarcer.
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BH1964's Avatar
United States
10982 Posts
 Posted 12/18/2012  02:17 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
If I liked the coin, I would offer $500 tops and go no higher. This date carries no significant premium over melt value until you hit MS63.

Recent auction results for PCGS/NGC certified pieces in MS61 go from $460 to $505. $625 is MS62+ money.
ANA #R3154474
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