Online Auction For 1802/1 Gold $5 - Coin Community Forum

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Author	Replies: 8 / Views: 1,320
Bump111 Pillar of the Community United States 3323 Posts	Posted 05/18/2020 3:28 pm Interested in the Community's thoughts on this auction. Quote: https://www.auctionzip.com/auction-..._C4143C5A22/ Would you be wary of bidding on this coin with this holder at this auction? The hologram is missing from the rear of the holder and it is a high-dollar coin. Just curious. "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae Report this Post to the Staff

Slider23 Pillar of the Community United States 4469 Posts	Posted 05/18/2020 5:11 pm The missing hologram does not bother me as it happens when coins go in and out of dealer cases. I would not bid on the coin as I would want to use a major coin auction house or a coin dealer that deals in high end gold coins for a high end purchase. Report this Post to the Staff
jimbucks Pillar of the Community United States 4691 Posts	Posted 05/18/2020 5:40 pm If I read the terms and conditions correctly there are no returns so if it's a fake you may be stuck with it. I don't really like the look of this coin and would not bid on it from an auction house I've never heard of. Report this Post to the Staff
Zurie Pillar of the Community United States 5665 Posts	Posted 05/18/2020 6:30 pm It looks genuine, and the cert number matches the NGC database. But you would think with this kind of coin, they would take the time to get some expert photos, and maybe even get it reholdered to remove any doubt. There are several die cracks on the reverse that you can barely see, but it matches the reverse die of this coin sold by Heritage nearly 20 years ago. https://coins.ha.com/itm/early-half...bnail-071515 Report this Post to the Staff
Bump111 Pillar of the Community United States 3323 Posts	Posted 05/19/2020 1:38 pm Coin sold for $30,000. "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae Report this Post to the Staff
Zurie Pillar of the Community United States 5665 Posts	Posted 05/19/2020 2:21 pm A real bargain! I wonder if it will get flipped at another auction house in the near future? Report this Post to the Staff
edweather Pillar of the Community United States 7375 Posts	Posted 05/19/2020 4:14 pm 30K + 7500 buyers premium. Looks like a fair price for the coin. A couple on Heritage sold for about 38K in PCGS holders. Report this Post to the Staff
Zurie Pillar of the Community United States 5665 Posts	Posted 05/19/2020 5:04 pm Yes, I forgot about the hefty buyers premium. Nice coin for someone's collection, anyway... Report this Post to the Staff
freddo30 Valued Member 299 Posts	Posted 05/20/2020 03:33 am Depending upon where you live and your business status don't forget sales tax. It sold for 30K add 25% 7500, ship it yourself or pay storage fee, this state add 6-1/2% tax if no resale license ($2437) so... $39,937.50 and the shipping issue. Edited by freddo30 05/20/2020 03:40 am Report this Post to the Staff
	Replies: 8 / Views: 1,320

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