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1806 $5 Gold

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Author Previous TopicReplies: 13 / Views: 919Next Topic  
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billjones's Avatar
United States
1499 Posts
 Posted 03/10/2016  5:42 pm Show Profile   Bookmark this topic Add billjones to your friends list Get a Link to this Message Number of Subscribers
Here is an 1806 $6 gold. This is the most common early U.S. gold coin (1795 to July 1834) IMO. The experts rate the variety as an R-2, but don't expect to find these for R-2 money.

This piece is now PCGS graded, and I think PCGS got it right. What say you?

1806-$5-Gold
1806-$5-Gold
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panzaldi's Avatar
United States
18712 Posts
 Posted 03/10/2016  6:35 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
this is really cool coin. I have it at AU53 but its pushing 55 for sure.
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United States
3164 Posts
 Posted 03/10/2016  6:40 pm  Show Profile   Bookmark this reply Add jerryc39 to your friends list Get a Link to this Reply
AU 55 seems about right. Great looking coin!
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 03/10/2016  8:09 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
AU-55
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 03/10/2016  8:32 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
Agreed mid AU 53/55 range
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BH1964's Avatar
United States
10982 Posts
 Posted 03/10/2016  8:34 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Looks like one of those sliders that often grade low MS. The slightly diminished luster in the fields say AU though and it looks like an honest AU55.
ANA #R3154474
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 03/10/2016  9:29 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
AU-range and a beautiful coin


-MV
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 03/10/2016  10:02 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
AU-55.
Valued Member
United States
311 Posts
 Posted 03/11/2016  02:28 am  Show Profile   Bookmark this reply Add cjweber to your friends list Get a Link to this Reply
I'm going to strike out against the norm here and say AU-58 nice looking piece... Some day I'll be able to start saving up some gold instead of just silver
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moxking's Avatar
United States
17900 Posts
 Posted 03/11/2016  08:07 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Photos probably don't do this coin justice. The photos show obvious breaks in luster, but only the slightest hints of high point circulation rub. It's gotta be higher AU, so 55.

This is exactly the type of coin I recommend when folks are trying to decide between a high AU or low MS. This has almost no detracting surface marks, so in MS I'm guessing it would grade at least 63. This AU looks nicer than any MS 61 or 62 it might be compared to.

Sincere congratulations for an extraordinary beauty.
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billjones's Avatar
United States
1499 Posts
 Posted 03/11/2016  08:48 am  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
Thank you for your responses. Let me say at the outset that my photographs almost always make every mark on a coin bigger than it is when you see the piece in person. Having said that this piece looks better in person than it does here.

PCGS graded this piece AU-58, and I totally agree with the grade. The coin has just a whisper of a rub, and there are virtually no marks.

This coin has a satin finish as opposed to a brilliant finish which is more popular with collectors. Had this piece been a bit brighter, it probably would have been one of those AU-58 coins that ends up in an MS-62 holder.

I bought this piece at a major auction in the early 1980s. Back then it was graded AU-50. In those days there was only AU-50 and 55. There were no AU-53 and 58 grades. The auction house that sold, Superior, which no longer exists, was often noted for conservative grading in their sales. Today the people who ran Superior now run the Goldberg Auctions.

Now let's start another string with another piece of early gold, an 1813 half eagle ...
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GERMANICVS's Avatar
Germany
1852 Posts
 Posted 03/11/2016  09:37 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Before you start with the 1813 Half Eagle let me congratulate you on this beautiful and scarce coin.

And I do remember Superior - I was able to bid on many of their auctions in the mid 80's, specially on european and latin american coinage. I did not know that it then became Goldbergs.
Valued Member
United States
311 Posts
 Posted 03/11/2016  09:40 am  Show Profile   Bookmark this reply Add cjweber to your friends list Get a Link to this Reply
Bam! I was right on the money!! Thanks, that's a good way to start my weekend...
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fenton's Avatar
United States
4989 Posts
 Posted 03/11/2016  7:06 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Looks 55 to me nice coin!
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