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 Replies: 20 / Views: 4,171 |
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New Member
United States
3 Posts |
Hi. I'm not a coin collector...the only coin I have was left to me by my grandfather. It is a 1900 five dollar gold coin with liberty on front and eagle on back. I have done searches on ebay and think its called gold liberty coin. To my naked eye, I do not see any wear or scratches on the coin - the gold looks shiny and new. Could someone advise me what I should do to find out the true grade and/or value of the coin? There is a coin collector in the town I live and he offered me $150, but I don't know if that is fair or not. Any advise would be greatly appreciated. Thank you :) |
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Moderator
 United States
6563 Posts |
Welcome to the Forum!  If you can take some close ups of the coin that'd be great. it'd help us to better determine what coin it is and it's possible value. Whatever you do don't clean it or even touch the face of it. If you must hold it use the edges. I'm glad you came here with your questions without selling the coin first. UPDATE: I believe you have a Liberty Head Half Eagle (with motto) and the book value for a coin in VF is $200 all the way to $1200 if it's in perfect condition. Is this your coin? http://www.coinfacts.com/half_eagle...20Motto.htmlEdited by GO
06/19/2007 9:20 pm
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Pillar of the Community
United States
2177 Posts |
Hi Oceanlover and welcome to the forum. My suggestion is not to sell this coin until you know what you've got. It could be worth ten times more, I honestly don't know. This is a good place to ask such questions. Unfortunately I can't help you on information. There are other members who can. Just hang out a little and it will come.  If you could post a picture of this coin it will be extremely helpful for members to help you out. |
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Forum Dad
 United States
24173 Posts |
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Moderator
United States
6563 Posts |
Thanks bobby
I keep forgetting about the local links.
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Forum Dad
United States
24173 Posts |
quote:
I keep forgetting about the local links.
No Biggie, just close your eyes, this won't hurt a bit....  |
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Moderator
United States
6563 Posts |
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Forum Dad
United States
24173 Posts |
You forgot....   |
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Pillar of the Community
United States
764 Posts |
$150 is a good offer for any circulated grade. if it is uncirculated, get at least $160 for it. you should post a picture of it and some of the users can help you out with the coin's grade.
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Pillar of the Community
United States
1984 Posts |
I was offered $180 by a dealer whom I trust and have dealt with extensively for a Mint State half eagle but we'd really need to see the coin in question.
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Moderator
United States
23522 Posts |
I would buy as many Mint State Half Eagles as I was offered for $180. I would take out a loan to purchase at that price.
Welcome to the forum, oceanlover. Without having seen the coin, I can tell you that it's worth a lot more than $150 if it hasn't seen circulation. The first thing to determine is if the coin has been cleaned or otherwise tampered with - if anyone's ever so much as wiped it with a cloth, they could have left marks which would substantially devalue it.
Your first task is to try and get a good image of both faces of the coin. I don't know if you have equipment and photography skills to get some good shots, but if not, gold tends to scan very well and you can likely get good results from the scanner. Aim for a final image where the coin is at least 500 pixels wide, preferably larger. Focus is more important than size, though.
Please feel free to ask any questions which will help you get this figured out.
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New Member
 United States
3 Posts |
Thank you to everyone for replying. I'm don't have the digital camera, etc. to post a picture yet, but my son is going to take it and download for me tomorrow. I look forward to hearing what you think once you see it. Thank you very much :)
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Pillar of the Community
United States
1984 Posts |
Although I was offered $180, I certainly didn't take it. The dealer has a profit factor to consider and was operating off his greysheet.
There are a lot of ways to sell your coins other than to a dealer or (usually worse) a pawn shop. You're going to lose a few points on the sale to those for the liquidity factor and their profit motives.
Can't wait to see the pics!
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Pillar of the Community
United States
882 Posts |
Don't sell it to a dealer so me can make a profit off it. Sell it to a collector like me so I can admire it tell the day I die! Ty |
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Valued Member
United States
133 Posts |
Oceanlover:
I brought a 1980 $5 gold for about $485, & send it in for grading , it came back MS62 worth $1500. So get a picture of it or an expert to grade it.
What state do you live in, if midwest, email me, I can give you an expert grader.
Ron (ronaldb112)
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Valued Member
United States
133 Posts |
Sorry Typo, need new bifocals, that was 1908 not 1980.
Ron
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Replies: 20 / Views: 4,171 |
Posted 06/19/2007 9:21 pm
