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Posted 04/23/2019 10:36 pm
My estimate of worth was based on the fact that all of the OP's coins bear simple initials. While the "coins" are artfully engraved, all have been doubly looped to form the bracelet. Adding to that damage, the coins were planed-down, obliterating reverse mintmarks, if any were ever there. Many of the coins are scratched, too.
The artwork adds value to it; this, above what commonly found initials typically fetch.
Subject matter, artistic design and condition of the host coin are what drives the value of these "love tokens."
From a coin standpoint, the OP's bracelet is worth silver melt value. IMHO, it's market value is increased by virtue of it being vintage jewelry, late 1800's era. Jewelry is often sold at up to a 500% mark-up. There's inevitably always someone who will pay more; and, crazy prices, too.
I used to routinely attend antique auctions. I've seen well circulated $1 "silver certificates" sell for $9 apiece. These commonly wholesale from $1.25 - $1.50, each. I've seen circulated 1943 steel cents sell for over $9 apiece. People who have limited knowledge and experience will inevitably pay more.
Virtually every collector has made a poor purchase, at sometime or another. Hopefully, we don't pay too high a price for our lessons.
The artwork adds value to it; this, above what commonly found initials typically fetch.
Subject matter, artistic design and condition of the host coin are what drives the value of these "love tokens."
From a coin standpoint, the OP's bracelet is worth silver melt value. IMHO, it's market value is increased by virtue of it being vintage jewelry, late 1800's era. Jewelry is often sold at up to a 500% mark-up. There's inevitably always someone who will pay more; and, crazy prices, too.
I used to routinely attend antique auctions. I've seen well circulated $1 "silver certificates" sell for $9 apiece. These commonly wholesale from $1.25 - $1.50, each. I've seen circulated 1943 steel cents sell for over $9 apiece. People who have limited knowledge and experience will inevitably pay more.
Virtually every collector has made a poor purchase, at sometime or another. Hopefully, we don't pay too high a price for our lessons.
Edited by ExoGuy
04/23/2019 10:54 pm
04/23/2019 10:54 pm
