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 Replies: 9 / Views: 1,253 |
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Valued Member
286 Posts |
There where 2,575,175 1898-S $20 Double Eagles minted, but after the 1933 Gold melt down no one really knows how many of these Beauty's have survived the melting, If you know how many are left, let me know ? I don't know how to grade American Gold coins, I'm just starting to learn, So what grade would you give this coin, I need your up most opinion on this one. I never cleaned it, and would never clean it, it was a birthday gift from grandpa 23 years ago. Image:  1.jpg29.13 KB Image: 2.jpg32.67 KB Image: 3.jpg33.07 KB Edited by Silver Gorilla
12/23/2007 5:57 pm
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Moderator
 United States
23522 Posts |
I don't know how many are left, but I can tell you that almost 30,000 have been graded by PCGS and NGC combined. Probably many of them are regrades, but all the same a pretty sizable population survives, as they measure these things. As far as your coin goes, I like it. A lot. Your photography really compliments the coin to me - I love the faded colors and relatively soft focus for this gold beauty. Grade? I'm guessing a very nice EF, crowding AU, with a value of about $783 as bullion, and probably a little north of $800 on the market. Uncirculated versions are fairly common, so circulated examples won't bring much over melt. It doesn't matter - from the sound of it, I doubt you'll ever sell it.  |
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Valued Member
 286 Posts |
 Thanks SuperDave, Grading it at EF, crowding AU, would that bring it to an MS63 OR MS64 or something like that. I really haven't even thought about selling it, not this one. But other Gold coins yes, I would like to start something else like trading not selling, with someone else at same Price as my coin would bring, and with the same grade. If it would be anything it would be a 1873 Open 3 $20 Dollar Double Eagle the Coronet TYPE 2. Edited by Silver Gorilla
12/23/2007 8:33 pm
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Bedrock of the Community
United States
14454 Posts |
EF-Extra Fine
AU=Almost Uncirculated
MS=Uncirculated
so what Dave is saying he would grade it EF and close to AU but nowhere near MS anything because it has seen wear and the only way a coin can grade MS is if it is in the same condition it was when minted with no wear on the coin
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Valued Member
286 Posts |
Bryan you got me laughing at my self, I was thinking that EF or XF or AU would mean that MS jumps in Starting the grade With Numbers, Lolol Now I got it all mixed up with this AE AU thing with MS, what a mess I made. Well I'm happy with Dave Grading it at EF crowding AU it sounds Manly.
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Bedrock of the Community
United States
14454 Posts |
the whole grading thing can be confusing so no need to feel embarrassed, I believe most of us have had a hard time wrapping our minds around what they actually mean and in what order they go in. Just stick in there and it will seem like a second language that you speak
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New Member
9 Posts |
Hello
I think that is a very nice coin.
I bet it looks even better in normal light.
Looks subdued in the pics.
Nice fields, rev. is great.
very slight looking wear, nice tone.
I would give it a high AU personally.
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Pillar of the Community
United States
6384 Posts |
Your photos are attractive but a bit too soft and dull for reasonably accurate grading. From what I can see, this coin looks choice AU. I really don't see any obvious wear and there are very few bagmarks. There should be lots of luster on a choice AU Liberty double eagle and I assume your photo just doesn't show it.
On the numerical grading scale, I'd put this one at AU-55 or even AU-58. FYI, the lowest mint state grade is MS-60 so your coin is nearly mint state in my opinion.
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Rest in Peace
United States
2884 Posts |
I just purchased an 1898 Eagle graded by NGC as AU58. I realize that it is not a double eagle, but the wear indicators on this series are almost identical except for allowances made for bag marks on the larger coins. I agree with the AU50 grade. Wear is visible on the hair over the eye and on the coronet. On the reverse there is visible wear on the wing tips, on the neck and slightly visible near the top of the shield. This is just an opinion and quite frankly it is a beautiful very original looking coin that I would be proud to own. I have the other lower denominations of Lib's and the Double Eagle will be my next buy(I hope!!). I love collecting coins in this grade range because most of the time you get the beauty of the coin, without the high price tag. Great coin! Mike |
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Valued Member
286 Posts |
I really liked the input from every one. Thanks All
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Replies: 9 / Views: 1,253 |
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Posted 12/23/2007 8:25 pm
