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 Replies: 17 / Views: 2,581 |
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New Member
Canada
47 Posts |
According to all the websites I've checked, it has a mintage of 16,580. The coin was obviously mounted before, but I think the details look pretty nice.  Should I bid, or spend my money on something else?  |
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Pillar of the Community
Canada
4911 Posts |
i'd pass. there is a details/damaged coin and than there is that thing  stay away from that one. Feel free to call me Will.
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Pillar of the Community
Canada
5239 Posts |
If it had just been a modest mount on the rim, yes, but this is mangled and I would not even want it for scrap value.
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Valued Member
United States
404 Posts |
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Rest in Peace
United States
17900 Posts |
Yuck. Barely worth melt for that malevolently mangy mangled mess.
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Pillar of the Community
United States
2589 Posts |
If your looking for a cheap hole filler, you might not see another that low of a price for a while despite its garbage looking condition
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New Member
 Canada
47 Posts |
Yeah, it's very mangled and damaged.
The only reason I'm considering purchasing this is for the price.
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Valued Member
United States
404 Posts |
Dont buy it unless you actually want it, a bargqin isint enough of a reason in that case, in my opinion
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Pillar of the Community
United States
1499 Posts |
It is worth no more than its melt value if that. Many Mint State 1888 dollars have been saved. There is very little collector interest in this item.
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Pillar of the Community
United States
1963 Posts |
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Pillar of the Community
United States
3843 Posts |
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Valued Member
United States
321 Posts |
I doubt a dealer would pay you even melt value for it.
It is only worth melt, and probably not even that.
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Pillar of the Community
United States
2589 Posts |
Its certaintly worth more than melt! A bit less damaged yet still chewed up specimen went for $170 3 months ago. There are collectors regularly trying to complete sets of the $1 gold series on the cheap, which drive up prices of almost all the dates even mangled up pieces like these. 122233683080The specimen the OP has shown looks like it still has solder attached to it, which actually might be removable with a soak in silver test kit fluid (which is nitric acid and dangerous stuff) Edited by XavierOfGreen
01/15/2017 11:30 pm
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Pillar of the Community
United States
1499 Posts |
What a thing might go for in an auction, and what you can get for something when YOU try to sell it are two different things. I view this coin as a "burial" at any price much above melt.
I have put together a "short set" of gold dollars from 1880 to 1889. The coins grade from MS-63 to PR-65. The MS-63 cost less than half the price of any of the others, but it fit in well with them. You should look for something similar to that rather than buying a really ugly problem coin like this one. I am not aware of a bunch of collectors beating down the doors to buy gold dollars with major problems. Most gold collectors are fussy when it comes to grades.
Edited by billjones
01/16/2017 06:59 am
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Pillar of the Community
United States
757 Posts |
I know a few local coin shops that sell all their ex jewelry pieces at melt. I'm sure if you looked hard enough you could find a better specimen for a similar price.
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Pillar of the Community
United States
3343 Posts |
Sometimes silver test solution works, sometimes it doesn't. Here's my 1860-S dollar solder removal project.  It was worse when I started. There was a post over the date that came off. But the solution didn't remove some underlying gold solder.  "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Replies: 17 / Views: 2,581 |
Posted 01/15/2017 8:43 pm
