1906 2-1/2 Liberty Gold - How Much Is It Worth?

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Author	Replies: 10 / Views: 3,328
hockey2boys New Member United States 3 Posts	Posted 10/20/2008 6:25 pm I have a coin I found in my grandmother's things and would like to know how much I can expect it might be worth before taking it to a local coin shop to look at (I am hesitant to do that without at least a ballpark). It is a 1906 2-1/2 Liberty Gold coin. I have looked at some past posts but the people never posted pictures in order to see if someone could help. I am posting pictures here - it doesn't look like it was uncirculated because it has some dirt and also some "ding" marks. Can someone help with grading this? Report this Post to the Staff

biggfredd Rest in Peace United States 9104 Posts	Posted 10/20/2008 9:35 pm numismedia Report this Post to the Staff
bmanofnbc Pillar of the Community United States 1424 Posts	Posted 10/20/2008 9:53 pm Bigfredd is referring to this website: http://numismedia.com/fmv/prices/2h...icesgd.shtml I do not collect gold coins but my guess would be EF45 for the grade. What is that on the obverse rim at 3 O'clock? Report this Post to the Staff
vermontensium Moderator United States 16679 Posts	Posted 10/20/2008 9:54 pm I agree. That is what I use most of the time. Remember, it's just a reference. swcoin.ecrater.com Report this Post to the Staff
coinguybrian Rest in Peace United States 5375 Posts	Posted 10/20/2008 11:22 pm It's much more than XF-45. Maybe AU-55 or Ms-60. Can't really tell from the pictures though. It would probably qualify as 'damaged-cleaned' (cleaned because of the junk in the letters of the reverse, presumably) so it's probably not worth more than $120. Report this Post to the Staff
hockey2boys New Member United States 3 Posts	Posted 10/21/2008 12:13 am The spot at 3 o'clock is almost like a "run". If you look at the coin from the side there is a small pin hole. From the front it look like some of the gold is push into the center part and it's flat right at that spot. Thanks for the reference information. At least it gives me a general idea! Report this Post to the Staff
wwhitman Pillar of the Community United States 1415 Posts	Posted 10/22/2008 09:13 am I'd do MS-60. Nice looking coin - except for the ding. Report this Post to the Staff
hockey2boys New Member United States 3 Posts	Posted 10/28/2008 10:33 pm I took this coin to a dealer yesterday, they are claiming that it appears like someone tried to fix the "ding" by melting the coin? This sounds very strange. They said something like the rim shouldn't be as "high" as it was. Basically, except for the ding I don't see anything wrong with it. They originally offered $150 but then told me it was a "melt" quality. Is this common? I know very little about coins but I can't imagine that someone went through all that trouble... I guess I can take it to a few more places but was wondering what you thought. Thanks! Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 10/29/2008 12:52 pm This coin contains 0.121 oz of gold. If that is damage on the rim, then $150 was a fair buy price because that would kill the numismatic value, leaving only the gold value. If it is not damage, then that price was low by about $75 or so. However, the problem is that this is probably something that can only be determined by examining it in hand- it is just too hard to tell from the photos. I would certainly recommend taking it to a few other places and if you keep being told that it is damaged, then they are probably correct. Report this Post to the Staff
wwhitman Pillar of the Community United States 1415 Posts	Posted 10/29/2008 2:22 pm with biokemist6 Check out other dealers. Report this Post to the Staff
hadleydog Pillar of the Community Canada 1267 Posts	Posted 10/29/2008 5:15 pm The rim damage and attempted repair work drop the coins value to melt or slightly above. Report this Post to the Staff
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