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 Replies: 11 / Views: 4,825 |
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New Member
United States
6 Posts |
Hello everyone, I have a 1861 Liberty head double eagle $20 gold coin and would like for you guys to tell me what you think the grade and value is. Is it worth turning it in to certify?   |
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Pillar of the Community
1751 Posts |
XF-AU details, cleaned. Did you weigh it and make sure it's the proper weight?
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New Member
 United States
6 Posts |
Yeah it's the proper weight. I went to a shop and they want to give me 1300 for it
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Pillar of the Community
Australia
539 Posts |
so let me get this right the agw in this is .9677 of a troy oz
a troy oz value is currently $1456 usd which means this has $1408 worth of gold in it
they want to give you 1300 for it which is less than melt
hhmm
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Pillar of the Community
1153 Posts |
Not really surprising that a retail shop is trying to lowball
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New Member
United States
6 Posts |
I figured they where low balling me since I got to their shop. Thanks guys!
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Pillar of the Community
United States
1348 Posts |
yeah its worth more than that. you should be able to sell it on here for $1350 pretty easily once you hit your post limit.
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New Member
United States
6 Posts |
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
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Bedrock of the Community
United States
36678 Posts |
A Type One in EF details grade should pull at least $1500 right now.
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Pillar of the Community
United States
9792 Posts |
I'd go VF/EF on this one and value around $1450-1475
I wouldn't say the shop is lowballing too bad, most dealers have to put out the cash, and with a holiday weekend coming up they probably won't sell it until Tuesday or Wednesday if that is there plan. Most shops I know need to make $100.00 on a coin like this to justify the cash outlay, cover overhead, like lights, rent, salaries, insurance, alarm bills, phone, etc.
I think with the Syria situation ongoing, I'd hold it for a week or two if you can, gold will probably go up. I would not waste the money to certify it.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Bedrock of the Community
United States
36678 Posts |
Here's what a national bullion dealer is paying for these.
$20 Liberty Gold Double Eagle - Type 1 1850-1866 - (Cleaned)
Nearly 150 years old!
This vintage Gold Liberty Double Eagle coin is the Type 1 variety, which were minted from 1850-66. Each Liberty $20 Gold piece contains .9675 oz of pure Gold. Years will be of our choosing from stock on h....
Read More
A---X Buy Price: $1,540.82
Ask an Expert | Product Details | Add To Wishlist
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New Member
United States
6 Posts |
Yeah gold ran up to 1407 last sunday night
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Replies: 11 / Views: 4,825 |
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Posted 08/27/2013 8:17 pm
