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 Replies: 8 / Views: 1,713 |
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New Member
United States
2 Posts |
Recently I decided to sell my 1906 two and one half dollar coin. I am new to selling coins so I'm not not sure how much this coin is worth. I cannot find a consistent value on the internet, I have seen from 300 dollars to almost 2,000 dollars. Remember it is a gold 1906 2.50 dollar coin, it has a woman with a liberty cornet on.It is the same exact one I saw selling on an ebay page for 1,800 dollar, although the one on ebay page said it was NGC graded what ever that means. Could someone please help me out by giving me a clue on what kinda money I can expect to receive when I bring it in to my local coin store to sell? Thank you |
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Pillar of the Community
United States
1130 Posts |
The price depends upon the condition (or grade) of the coin. NGC is a trusted, third party grading company that has certified the grade.
Can you post a pic of the coin ?
Edited by 1sikevo
05/11/2008 1:32 pm
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New Member
 United States
2 Posts |
it is good condition, the naked eye cannot see anything wrong, no visible ware. It of course is not mint condition, I can tell there was some use, out of ten, ten being mint condition I would say its a 8 or 7.
Can I please have some at least rough estimates what it might be worth? thank you
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Valued Member
United States
109 Posts |
rough estimates are impossible without an accurate grade. Coins are graded on a 70 point scale. One point difference in the grade can change the value hundreds to thousands of dollars. My advise to you is to take a nice picture of the front and back of the coin, use the macro function on your camera and read the coin photography section on this website for additional help. Upload the pics to this website and many will help you with a good estimate of the condition of your coin. With an estimated grade for the coin it will be much easier to get an approximate value.
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Valued Member
United States
109 Posts |
Just to give you an example. This coin graded as an AU 50 (on the 70 point scale) sells for around $200. About a year ago an MS 68 sold for $23,000. Thats why the grade is so important to determine price.
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Pillar of the Community
United States
2373 Posts |
It isn't the quantity of gold in the coin that brings the premium dollar. The grade of the coin brings that along with the relative rarity. I have a 1902 proof like graded by NGC that is worth several times over the value of the quantity of gold in the coin. I hope! nlp
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Bedrock of the Community
United States
14454 Posts |
without a accurate picture and judging by your description (the "I can tell it has seen some use" part) you can atleast say your coin is AU or less (Almost Uncirculated or Less) its how much it was circulated will determine what grade the coin is and how much it is worth because a MS grade (probably what the one was on ebay you mentioned) would mean it was in Mint State and saw no circulation or atleast was taken out of circulation before it suffered any wear at all on the coin |
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Pillar of the Community
United States
6381 Posts |
Hi Bakedpianist, welcome to the forum!  Any quarter eagle is a collectible coin, but the 1906 is a common date and sells for a common-date price. Bryan1315 is likely correct that your coin won't grade any higher than AU-50. My local dealer has similar coins for sale for around $175. You might expect to sell it to a dealer for $140 or so. If it looks nice and you put it on ebay with a good photo it may well fetch $200 or a bit more. In my opinion, $300 probably isn't a realistic expectation. Please post a photo if you can! |
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Pillar of the Community
United States
543 Posts |
You should post pics, and hopefully someone here can grade it.
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Replies: 8 / Views: 1,713 |
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Posted 05/11/2008 2:10 pm
