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Replies: 11 / Views: 1,569 |
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Pillar of the Community
United States
917 Posts |
I dropped into a cash for gold place yesterday and they had a 1899S $10 gold piece. It has been cleaned but was probably au condition. He offered it to me for 600. What do you think price? I have no bearing on cleaned coin prices, ebay seems to be all over the place and any numismatic pricing is based off a problem free coin. I come to you for a little help. I realise a clean coin is not ideal but what price makes it worth it?
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Valued Member
United States
103 Posts |
Offer $500. I personally wouldn't go over $550 but it's your choice.
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Pillar of the Community
United States
3210 Posts |
Yea $600 is too much especially for a cleaned one....$500 most I'd go as well....if he doesn't accept then let it go
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Pillar of the Community
 United States
5828 Posts |
Personaly, I would wait to buy a problem free coin but it all depends on eye appeal. Did the cleaning just leave the coin without luster and barely noticeable hairlines, or did it make the coin look like it was rubbed with steel wool?
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Pillar of the Community
 United States
917 Posts |
Its been hit with some metal polish. Its very noticable but it can sit on my window for a year.
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Pillar of the Community
United States
1748 Posts |
It's worth melt. Don't pay much over that for it.
It is .48375 oz of gold.
Edited by DoubleEagle20 09/16/2015 8:22 pm
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Pillar of the Community
United States
4211 Posts |
 A bit above melt would be a fair offer.
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Pillar of the Community
United States
3343 Posts |
It's a little high for a bullion coin but he has overhead. It depends on whether you want to cut him a break on that. Check the weight, it should be 16.7 grams.
Foreign gold sells closer to bullion price.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
6370 Posts |
Quote: Its been hit with some metal polish. Its very noticable but it can sit on my window for a year. Yeah, that won't do anything, especially for a gold coin.
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Bedrock of the Community
Australia
21786 Posts |
Make your decision based on the $U.S. gold price against other currencies. For instance, the $AUD gold price has gone nowhere in particular in the last four years, being around $AUD 1,550 + or - $50 or thereabouts.
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Pillar of the Community
United States
4963 Posts |
The other day I saw an 1899-S Eagle, AU details, cleaned, on Heritage- it sold in the vicinity of $480-$490, including BP.
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Pillar of the Community
United States
1450 Posts |
Gold has a price pop lately. I heard some analyst say it is going to $2000 an ounce. If it does I will beg my wife to sell the gold stuff I bough her years ago that she never wears including the mandatory tennis bracelet and 18K gold chain I bought her on which to hang a locket. I, (I mean We), could buy some nice Morgans with that money.
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Replies: 11 / Views: 1,569 |
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