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1865 $5 Gold (Or, How To Make $13,000)

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Pillar of the Community

861 Posts
 Posted 04/15/2014  04:06 am Show Profile   Bookmark this topic Add g048406 to your friends list Get a Link to this Message Number of Subscribers
Here's an easy way to make $13,000:
step 1: Buy an 1865 $5 Gold NGC-AUcleaned for $4,993.75:
http://coins.ha.com/c/item.zx?saleN...9&lotNo=5188
step 2: Crack the coin out and send it to PCGS to be graded PCGS-UNCcleaned.
step 3: send it to GreatCollections and sell it for $18,000:
http://www.greatcollections.com/Coi...-Unc-Details

WOW
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 04/15/2014  07:04 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
Once again your memory impresses me! Looks like someone does not care about the cleaning and is willing to pay what most others won't.

EDIT: I just noticed that PCGS gave it Unc and NGC Au (both details). Way to gamble (or cherry pick depending on how you look at it) for the buyer at HA.
Edited by CoinsKelly
04/15/2014 07:07 am
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solotime's Avatar
United States
2311 Posts
 Posted 04/15/2014  1:49 pm  Show Profile   Bookmark this reply Add solotime to your friends list Get a Link to this Reply
It don't look that bad though.
Just I wouldn't want a cleaned coin though.
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