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 Replies: 22 / Views: 3,573 |
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New Member
United States
13 Posts |
So I've been trying to mix silver and gold bullion with my numismatics. I recently made an offer on a 2006 (ms69) PCGS $5 gold liberty for $162 shipped. Seller accepted. Being happy with the purchase, not to long after I receive an email from him, saying he must have sold it locally and that he would refund the money or send a comparable gold coin. I asked to for pics and this is what he sent.   Claims the value (IS) more than the item I purchased, I guess I'm still skeptical until I take it to a local shop. Although I did verify the number on PCGS site. Edited by CtrlAltElite
08/13/2014 2:52 pm
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Valued Member
United States
461 Posts |
Numismedia has FMV of that coin for $288 so even if they are high %10-20 you are still getting a pretty good deal. Honestly you don't like the deal you can always just take the refund me personally I'd take the second coin.
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Pillar of the Community
United States
1211 Posts |
Should be about the same value, maybe a bit higher actually.
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Pillar of the Community
968 Posts |
Classic gold is awesome, take the deal. Seller clearly knows they messed up and are trying to avoid a neg by giving you something a little better.
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Bedrock of the Community
United States
12437 Posts |
The $1 has roughly half the gold content of the $5 bullion Eagle but it has a much higher numismatic premium.
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Pillar of the Community
United States
589 Posts |
Quote:
Classic gold is awesome, take the deal. Seller clearly knows they messed up and are trying to avoid a neg by giving you something a little better.  Fair value on the dollar is around $200 or higher. |
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Pillar of the Community
United States
4692 Posts |
This is not a bullion coin, but worth the trade if it is what you want.
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Pillar of the Community
United States
1431 Posts |
Gotta love classic gold. I'd say you came out on top here.
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Pillar of the Community
Puerto Rico
778 Posts |
Numismatic News prices August 2014 for 1851 $1: AU50 $270 MS60 $335 Those prices are for raw coins. So it is a fair deal. Take it.
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Valued Member
United States
234 Posts |
I say take the deal. Lower gold content, but much higher numismatic value and much more interesting!
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Pillar of the Community
United States
1536 Posts |
If the coin is worth more I would take it. Coins with numismatic value are generally better investments especially if gold takes a dip.
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Pillar of the Community
861 Posts |
Take the deal......If you decide you don't like the coin, you can just re-sell it on ebay at a profit. |
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Valued Member
United States
121 Posts |
I would have loved that deal. Take it!
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Pillar of the Community
United States
688 Posts |
Sounds like the seller is offering a great deal, if you have interest in the coin it would be hard to pass that up.
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Pillar of the Community
United States
1536 Posts |
Quote:Take the deal......If you decide you don't like the coin, you can just re-sell it on ebay at a profi Remember take no chances with USPS. Do not send a coin priority mail express since they will use the bullion/coin clause on it to say the max payout is $15 despite the section that states coins with numismatic value are covered. Send registered mail only. I am reading horror stories of people sending $2000 gold coins, have USPS lose it, and getting a $20 insurance payout. |
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Valued Member
United States
234 Posts |
Quote:
Remember take no chances with USPS. Do not send a coin priority mail express since they will use the bullion/coin clause on it to say the max payout is $15 despite the section that states coins with numismatic value are covered. Send registered mail only. I am reading horror stories of people sending $2000 gold coins, have USPS lose it, and getting a $20 insurance payout. I've never heard of this happening. Do you have a link to this clause? I'd like to read more. |
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Replies: 22 / Views: 3,573 |
Posted 08/13/2014 3:10 pm
