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5$ Gold Piece, Alabama Commemorative Half - Worth Grading?

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jskirwin's Avatar
United States
616 Posts
 Posted 06/28/2017  11:48 am Show Profile   Bookmark this topic Add jskirwin to your friends list Get a Link to this Message Number of Subscribers
Hi
I do ancients where encapsulation and grading isn't as important.

Would it be worth to get these graded?



5$-Gold-Piece,-Alabama-Commemorative-Half---Worth-Grading?

5$-Gold-Piece,-Alabama-Commemorative-Half---Worth-Grading?
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RoyCoinBoy's Avatar
United States
1609 Posts
 Posted 06/28/2017  11:54 am  Show Profile   Bookmark this reply Add RoyCoinBoy to your friends list Get a Link to this Reply
I would definitely get the gold piece certified.
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WheatBackPenny's Avatar
United States
406 Posts
 Posted 06/28/2017  11:54 am  Show Profile   Bookmark this reply Add WheatBackPenny to your friends list Get a Link to this Reply
If I were you, I would definitely get both graded, as they are in great condition.
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paralyse's Avatar
United States
12057 Posts
 Posted 06/28/2017  12:08 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
The Alabama is the scarce "2x2" variety and worth grading just for that alone. It appears to be possibly an old cleaning and retoning and approximately AU53 in grade.

The 1893 looks high AU but cleaned/polished, probably an ex-jewelry piece, is a common date, and as such would be worth only a small premium above its melt value and not really worth grading. If you have better pictures that show the color and luster that might be helpful as well in case it's just your photos making it look that way.

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sel_69l's Avatar
Australia
21788 Posts
 Posted 06/28/2017  12:37 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Every date in American gold has been faked, quite often in good quality gold.
Thus, getting any doubtful coin graded can take on significant importance.
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billjones's Avatar
United States
1499 Posts
 Posted 06/28/2017  1:09 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
I would say that the Alabama is worth getting slabbed although the commemorative coin market has been weak for years.

The gold piece appears to have been polished. Since it's not a better date, I don't think that getting it graded is worth the money.
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United States
338 Posts
 Posted 06/28/2017  2:29 pm  Show Profile   Bookmark this reply Add nutmeg to your friends list Get a Link to this Reply
I would get them both graded and certified authentic.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 06/28/2017  4:48 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Only the Alabama. The gold piece is basically just bullion.
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thq's Avatar
United States
3343 Posts
 Posted 06/28/2017  7:34 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
The easiest way to get the 1893 authenticated is to take it to a coin shop and see what they'll pay for it. If they see anything suspicious you'll find out immediately. I'd expect them to offer $500-600 as a bullion coin. 1893 is one of the most common eagles and slabbing will not increase its value.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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moxking's Avatar
United States
17900 Posts
 Posted 06/28/2017  7:44 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
The Alabama will probably AU details, cleaned. The gold is just gold. Weigh it and examine the edges closely. Then it's up to you to pay the slab fees if you decide to do so.

The Alabama is still very saleable, even cleaned. The gold, once verified, probably wouldn't sell any better slabbed.
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 06/30/2017  08:00 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
I would certify them but that is a personal choice you would have to decide on.
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