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 Replies: 19 / Views: 3,242 |
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Pillar of the Community
United States
1306 Posts |
Have one I'm going to look at, just paying for gold, no numismatic value.
Thanks
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Bedrock of the Community
United States
94367 Posts |
Grade, series? Pics?  |
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Pillar of the Community
 United States
1306 Posts |
Edited by thecoinguy1964
07/13/2017 8:23 pm
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Pillar of the Community
United States
2023 Posts |
With no guarantee that it hasn't been cleaned (or even that it's genuine), the $700 asking price is slightly on the steep side. Coming from CraigsList, I advise caution, from the counterfeit perspective as well as all things "personal safety".
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Bedrock of the Community
Australia
21786 Posts |
It looks like you have set your heart on buying a $10 gold Eagle.
Nice designs, all of them I don't blame you.
I get the vibes that numismatic scarcity or rarity seems to not be a motivation, or is over what you have envisaged what you would like to pay, and would be happy to just have a representative gold coin of decent size in your collection.
I have seen reported that ALL of the American gold series has been faked, even in good quality gold.
Your best defense against this is to buy a slabbed coin, implicit in which is a confidence that in what you buy is genuine. Also, deal with a dealer of known good reputation.
The justify the extra cost of a slabbed coin, you would be better off getting an Eagle in at least a low MS grade, (say MS60), where the premium over gold is not too large. The slab in addition to providing a confidence in authenticity, will also provide physical protection, and allow handling the coin without worry, even if the slab is accidently dropped.
One of the more common date Eagles should fill your requirement. You then choose the design you like the best.
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Pillar of the Community
United States
3184 Posts |
Save yourself the headache and pay the extra for a slabbed coin! Imagine saving a few bucks and later on you find out the raw coin you have is a good fake or has been cleaned and otherwise deemed not desirable and you have a hard time selling it later on?
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Valued Member
United States
74 Posts |
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Valued Member
United States
338 Posts |
In less than 60 seconds, I found NGC certified MS60 $10 Libs for under $660 shipped. With patience, you could find one for less. I would stay away from raw gold coins.
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Pillar of the Community
United States
3343 Posts |
5% over melt is about the best you'll do. Usually more like $50 over melt.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Valued Member
United States
226 Posts |
If you're patient and can make it to the larger coin shows you will likely find a few dealers selling closer to spot. Most of those will likely have some cleaning. I picked up a nice 1899 in AU with a rim ding for $630 in Baltimore (at that time I think it was within 2% of spot). This one was about $25 cheaper than the other dealers I saw.
Edited by Jake the Dog
07/15/2017 08:25 am
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Pillar of the Community
United States
1306 Posts |
Well I survived another CL purchase. If you are careful, there's some good stuff out there. I've been doing it for about 10 years now, one can never bee too careful. I paid $600 for the coin, that was my up front offer, and he accepted.
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Bedrock of the Community
United States
94367 Posts |
Sounds good, but we'd still like to see it!
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Pillar of the Community
United States
7509 Posts |
Sounds like a good buy, like to see it.
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Pillar of the Community
United States
1306 Posts |
Have to wait for the wife to go to bed to take pictures, she doesn't like me doing this.
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Pillar of the Community
United States
1306 Posts |
Sorry for the rotation of coins, but I'm doing good to post.   Edited by thecoinguy1964
07/15/2017 8:42 pm
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Pillar of the Community
United States
3343 Posts |
Fair price, looks AU or low unc, one of the most common dates. Does it weigh 16.7 grams, plus or minus 0.1 grams?
I'd take to a shop and offer it for sale if you want to verify authenticity. Don't bother to slab it. it's bullion, just like sovereigns and napoleons.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
07/15/2017 11:38 pm
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Replies: 19 / Views: 3,242 |
Posted 07/13/2017 7:31 pm
