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Started My Pre-1933 Gold Journey...1903 $2.5 Liberty Head

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jjc2779's Avatar
United States
37 Posts
 Posted 07/24/2014  12:19 pm Show Profile   Bookmark this topic Add jjc2779 to your friends list Get a Link to this Message Number of Subscribers
So I finally started my pre-1933 gold journey...
1903 $2.5 Liberty Head Quarter Eagle

Here are a couple quick pictures of it...sorry they aren't the greatest. I'll try to replace them after this weekend, once my scope arrives.

History behind the purchase: got it from my LCS. Owner has been in business for 30+ years and seemed like a fair guy.

Could you guys help me out? What do you think this would grade? I'm considering sending it in...even though it belongs in my 7070 gold page lol.



Started-My-Pre-1933-Gold-Journey...1903-$2.5-Liberty-Head

Started-My-Pre-1933-Gold-Journey...1903-$2.5-Liberty-Head

Mods: sincerest appologizes for my original thread.
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Dar's Avatar
United States
1476 Posts
 Posted 07/24/2014  1:46 pm  Show Profile   Bookmark this reply Add Dar to your friends list Get a Link to this Reply
This is just an attempt so,

I would go with AU 58 - MS 60

Disclaimer: I don't own or have even Held/seen one of these Beauties in hand so consider that.

I do however think it is an OUTSTANDING Coin!

Edited by Dar
07/24/2014 1:47 pm
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 07/24/2014  6:23 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
can you take a pic straight head on both sides with a little less glare?

My initial look at the obverse and I said "polished" to myself but I could not be sure with these pics. I am also not a fan of what might be some kind of carbon spotting on the obverse near 6:00 under S1. Indicative of a cleaning of some sort if that is carbon.
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Dar's Avatar
United States
1476 Posts
 Posted 07/24/2014  8:19 pm  Show Profile   Bookmark this reply Add Dar to your friends list Get a Link to this Reply
Dosen't really look like carbon does it? More like a copper spotting?
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nickelsearcher's Avatar
United States
15437 Posts
 Posted 07/24/2014  8:36 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Nice coin ... I do not have the expertise to grade ... but for sure enjoy the photos of this beauty.

Best of wishes with your gold coin pursuits.

David
Take a look at my other hobby ... http://www.jk-dk.art
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 07/24/2014  8:43 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
I'm awful at classic gold, high AU to low MS. The spots don't bother me, but it looks cleaned. You can tell on the reverse between the eagle's wing and AMERICA.
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Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 07/24/2014  9:11 pm  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply
AU-58, I'd say.
However....it looks polished as well.
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Prethen's Avatar
United States
3234 Posts
 Posted 07/25/2014  09:27 am  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
Unfortunately, it looks like the coin has been harshly cleaned/polished. Personally, I'd get rid of it in exchange for maybe a lower grade, original piece of old gold. That coin will never be worth more than bullion (and actually probably a bit less) to any knowledgeable buyer.
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johnny54321's Avatar
United States
4849 Posts
 Posted 07/25/2014  10:33 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
agree, coin looks polished from the pictures. If the dealer did not disclose this, I would be a bit more hesitant to trust him. It does look like there might be some remaining original luster, but hard to tell for sure. Most of the heavy polishing appears on the devices....liberty's face, in that grade, should not have that type of reflective sheen.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 07/25/2014  10:52 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
AU details
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jimbucks's Avatar
United States
4692 Posts
 Posted 07/25/2014  11:35 am  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Appears polished, if so, then it is pretty much just worth bullion value. On the other hand, if the surfaces are original you many have a MS-61 PL, or perhaps an impaired proof (unlikely).

Need additional photos to better evaluate.
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jjc2779's Avatar
United States
37 Posts
 Posted 07/25/2014  12:29 pm  Show Profile   Bookmark this reply Add jjc2779 to your friends list Get a Link to this Reply
Thanks for the feedback everyone!

And sorry for the poor quality photos...I think my ceiling fan light bulbs are doing some poor justice to the piece. I've got some proper photo equipment (i.e. lightbox, LED lamps, scope, etc.) coming in and I'll post more accurate photos once I have them.
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 07/25/2014  1:08 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
JJC, do you have an opportunity to return this coin? I knew it looked polished and some of the subsequent postings by members I know to be knowledgeable seals that deal for me. No need for better pics at this point.

Advice is to echo Prethen with going lower grade for an original coin or stepping up dollars and grabbing an MS specimen from PCGS, NGS or ANACS (old white holder preferred).

In the end, it will take a lot of handling different gold to get a feel for raw grading and the best start is a certified example of what true higher graded tiers look like.

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