1869 Gold Liberty Quarter Eagle For Grading Consideration

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 800
DoctorBurnzy Pillar of the Community United States 1378 Posts	Posted 07/16/2020 4:58 pm This just arrived arrived. I was told from the seller that he inherited this from his grandfather about 40 years ago. I'd say with the $110 price tag on it that it was purchased around 1979 or 1980 considering gold prices then. There are scratches on the obverse which you will evidently see. There's full mint luster as it twirls in the light and full cartwheel effect. What do you think this will grade at? Details? and if details how bad does that affect the value? Edited by DoctorBurnzy 07/16/2020 5:42 pm Report this Post to the Staff

Adam590 Pillar of the Community United States 752 Posts	Posted 07/16/2020 5:30 pm I am not an expert, but I am guessing AU Details? I am not sure how much the details designation would affect the value, but I will look forward to seeing what other people say. Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36747 Posts	Posted 07/16/2020 6:30 pm AU details, scratched. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 07/16/2020 6:41 pm Agree, AU details (deeply scratched). Report this Post to the Staff
CoinCollector2012 Pillar of the Community United States 8137 Posts	Posted 07/16/2020 9:00 pm AU details Report this Post to the Staff
fortcollins Pillar of the Community United States 3650 Posts	Posted 07/16/2020 9:31 pm I agree with AU details. The reverse is beautiful. The scratches on the obverse look relatively modern, and I think I know a possible culprit. Look at the bottom prong of the staple on the right in the second and third pictures. I fear that the seller's grandfather did not tamp down staples, and the coins were stored within stabbing range of the errant staples. This coin might do better raw than in a details slab. There is definitely eye appeal to it, and IMHO the uncertainty of a details grade is worth more than a slab resolving the question. In terms of value, maybe halfway between bullion (about $450-ish) and mid-range AU retail (about $1000-ish)? That would work out just a little bit below straight mid-AU grade Greysheet. Still a nice one, though. Edited by fortcollins 07/16/2020 9:32 pm Report this Post to the Staff
DoctorBurnzy Pillar of the Community United States 1378 Posts	Posted 07/16/2020 10:32 pm Thanks guys. AU details written on its new 2x2. This one had me at low mintage and high eye appeal Fortcollins. It's a pity about the scratches on it, but it didn't deter me from getting it. The overall eye appeal won out. I don't buy slabbed details coins so I'm unfamiliar how much the deduction would be and the more so in this case when considering the low mintage involved with this year. I didn't know if the details grade would have less of a monetary deduction because of that or if the mintage would play no role at all in the discount for a details grade. I'm definitely keeping this in the collection for the foreseeable future in a 2x2 Thanks!.......and with that...it's time to press down those staples. Edited by DoctorBurnzy 07/16/2020 10:57 pm Report this Post to the Staff
	Replies: 6 / Views: 800

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coin Grading

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.25 seconds to rattle this change.