1891 S Gold Double Eagle Question - Page 2

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Author	Replies: 23 / Views: 2,154	Page: of 2

GMS5 Pillar of the Community Canada 1530 Posts	Posted 02/24/2022 11:28 am I'll say an easy MS-62. Very nice coin indeed. Report this Post to the Staff
Dirky New Member United States 6 Posts	Posted 02/24/2022 12:44 pm It sounds like enough of you believe it to be in the MS range that it is worth professionally grading. Is PCGS the preferred grader? Lol, the last thing I need in my life is another collecting hobby but I think it's really cool. I can see how yall get the bug! Report this Post to the Staff
MisterT Pillar of the Community United States 2004 Posts	Posted 02/24/2022 5:04 pm Well there are costs associated with having it graded by PCGS or NGC. First you have a membership fee just to be able to submit it. Then you have the grading fee and shipping. Hardly worth the fees unless you are planning on submitting several coins. However the value of this coin in MS-62 is about $3000 but in MS-63 it jumps to $4000. This is where the difference lies. If you believe it can grade 63 or above, it may be worth your while. I do not see it as 63 with all the contact marks though. A search of the values section on the PCGS site will give you the values in different grades. You can decide if it is worth the expense of slabbing. You may find a dealer willing to submit the coin for you without having to pay a membership fee. Report this Post to the Staff
macmercury Pillar of the Community United States 5835 Posts	Posted 02/24/2022 7:03 pm From AU-low MS. Maybe worth a shot if it grades MS-62. Report this Post to the Staff
Dirky New Member United States 6 Posts	Posted 02/24/2022 7:49 pm Thanks for the info. In general, do coins increase value on the collectability or purely on the gold content/price? E.g. if a coin is valued at 10% over spot will it almost always be valued at that amount or will the percentage over spot increase with time? This may be a speculative question but I would appreciate opinions. Report this Post to the Staff
hokiefan_82 Pillar of the Community United States 3660 Posts	Posted 02/25/2022 01:09 am Regarding submission to NGC or PCGS, you may have a local coin dealer who can submit the coin for you. That way you wouldn't have to pay the membership fees, though you'd still have to pay the submission fees and probably a small fee to the dealer for the service. Quote: do coins increase value on the collectability or purely on the gold content/price It really depends on the coin and the grade. While gold spot price would be a baseline on the pricing of any gold coin, the actual value will depend on rarity, grade and market demand. Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/ My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36845 Posts	Posted 03/10/2022 2:48 pm Looks MS-61 to me. Report this Post to the Staff
wallyb Pillar of the Community Canada 557 Posts	Posted 03/10/2022 8:06 pm No expert, but collect gold. Looks MS to me, maybe 60-61. Report this Post to the Staff
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