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 Replies: 18 / Views: 3,087 |
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New Member
United States
4 Posts |
Hi!
I am a compete novice at coins and its significance. So I am hoping someone can tell me what to do with a coin I had just found. Got some advice earlier but not sure if its a good idea or not.
I recently found a $20 US 1911 coin. Unsure if its real at this point but its weightier than any other "gold" coin I have come across and just different. Heavy. I tried looking it up and it's exactly like the Saint Gaudens coin.
An aquaintence has approached me about buying it after I sought his help, knowing he likes to collect certain things and he offered me $100 for it! For a twenty dollar coin? Is it worth that? I'd feel weird about taking that much from him for just a $20 coin.
So I'm unsure of this coin should stay with me or is it worth checking out? And what do they usually go for. Has a lot of different information in the net but some websites are contradicting to others. Help!
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New Member
 United States
4 Posts |
It's in perfect condition as far as I can see. And has no marks etc...again that I can see.
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Moderator
 United States
14463 Posts |
If the coin is actually a $20 Saint Gaudens 1911 Gold coin, it could be worth $1420 US and up depending on condition.
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Pillar of the Community
Sweden
729 Posts |
If the coin is real, I think you need to reevaluate the need to have such an aquaintance...
Good thing coming here first.
Picture of the coin and its exact weight would also be helpful.
Edited by epikur
03/04/2013 06:22 am
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Bedrock of the Community
Australia
21788 Posts |
NoviceCoJ: First of all,  to the CCF! I would steer clear of that so called 'acquaintance' of yours! I he / she really knows it's value, they are being dishonest, and when you find out, your 'acquaintanceship' will be under threat. If that coin is genuine, which I have little reason to doubt, Fuzzy317's estimate of value is correct. Where did you find it? Those things are very valuable, and perhaps the owner may be looking for it. |
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Pillar of the Community
Australia
4411 Posts |
Sounds like your mate isn't really your mate
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Pillar of the Community
United States
1721 Posts |
I just purchased a 1911 St. Gaudens Double Eagle and I paid just over 1500 dollars. What a nice guy to offer you a whopping 100 dollars. AU examples on ebay bring around 1700 dollars. It should weigh about 33.4 grams. Is your thread an early April Fools post? |
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New Member
United States
4 Posts |
Holy cow!! Now you guys have made me nervous about holding the coin! I will get pictures and weigh the thing ASAP when I get home from work. Um....holy cow. I don't blame you, but we have a bad word filter for a reason.  |
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Moderator
United States
14463 Posts |
also try get measurements of the width. And just for fun, carefully see if it sticks to a magnet.
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Pillar of the Community
United States
2480 Posts |
Fingers crossed for you, hope it's the real deal! Beautiful coin, the Saint Gaudens. Looking forward to pictures, weight, and measurement.  |
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Valued Member
United States
102 Posts |
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Pillar of the Community
United States
1721 Posts |
My bad. I thought I had purchased a 1911 but it was a 1910. Close enough  .   |
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Pillar of the Community
United States
8904 Posts |
Quote:
Now you guys have made me nervous about holding the coin! Good! I would be very tender when touching this coin and only when wearing cotton gloves. This is, potentially, a very valuable coin for you. Gold is pretty soft and is susceptible to scratches. Can you tell us where you "found" it? |
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Valued Member
United States
470 Posts |
I'm betting this is an Internet troll just messing with the members.
Popping popcorn and pulling up the lawn chair to see how this plays out.
Edited by Andrew289
03/05/2013 11:00 am
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Pillar of the Community
United States
1721 Posts |
Andrew289, Did you read the second part of my first post? Quote:
Is your thread an early April Fools post? |
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New Member
United States
4 Posts |
Hi again! Sorry this has taken me a couple of days to do but finally got around to taking those pictures. The size? I measured it and figure its about 4cm? or 4 something going right down the middle. This is so lax of me but I couldn't find a ruler so I measured it with Tailors tape (You know the one? For measuring your waist etc for clothes) and I can't find my kitchen scale yet so weight shall come soon! The coin is in a necklace. My Grandmother passed in January and left me a box of random things that I hadn't gone through till recently. So was REALLY surprised when I found this and I'm pretty sure my relatives don't know she gave it to me otherwise my Aunt would've been the first to take it LOL. (She's a bit of a greedy one) Whether this is real or not, I have decided to keep it regardless. It's a cute memento from her that I will try to hunt down a picture of her wearing or maybe find out the back story to it? I don't know. Anyway here are the pictures! Sorry they're bad but I didn't know if there were certain angles or whatever in taking pictures of coins. Took me awhile to resize the pictures but ended up just using Paint and took right away. I even signed it so you know I didn't just take these pictures of some random google search lol.    Edited by NoviceCoJ
03/06/2013 3:47 pm
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Replies: 18 / Views: 3,087 |
Posted 03/04/2013 05:31 am
