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1880 S $5 Liberty (Something Other Than A Morgan!) :-)

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superunderdoggie's Avatar
United States
18 Posts
 Posted 01/31/2009  3:21 pm Show Profile   Bookmark this topic Add superunderdoggie to your friends list Get a Link to this Message Number of Subscribers
Sorry to post so much...I'm just enjoying the hobby and trying to learn as much as I can.

Thoughts on this one?

1880-S-$5-Liberty-Something-Other-Than-A-Morgan!--:-

1880-S-$5-Liberty-Something-Other-Than-A-Morgan!--:-

1880-S-$5-Liberty-Something-Other-Than-A-Morgan!--:-

1880-S-$5-Liberty-Something-Other-Than-A-Morgan!--:-
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echizento's Avatar
United States
23731 Posts
 Posted 01/31/2009  3:53 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
From what I can make out from your pictures, I think it would grade EF-45 to AU-50.
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superunderdoggie's Avatar
United States
18 Posts
 Posted 01/31/2009  6:02 pm  Show Profile   Bookmark this reply Add superunderdoggie to your friends list Get a Link to this Reply
To think that people for YEARS walked around with these things in their pockets. Crazy!

I know my grandfather always carried a $20 gold piece with him all the time...even in the 1980's.

Just goes to show you how times change.
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/01/2009  12:29 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
It is a little hard to see it perfectly in the 2x2 but I beleive that it is a strong AU and the third and fourth photos show nice luster. One of the more common ones but it is still gold
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superunderdoggie's Avatar
United States
18 Posts
 Posted 02/01/2009  09:34 am  Show Profile   Bookmark this reply Add superunderdoggie to your friends list Get a Link to this Reply
Does the value of these coins fluctuate wildly with the price of gold or does it have a pretty consistent collectable value?
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Jaobler's Avatar
United States
6383 Posts
 Posted 02/01/2009  12:10 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I think this makes AU-50 pretty easily. There are quite a few small contact marks, typical for lightly-circulated gold. The obverse denticles seem a bit weak but that is probably from strike, not wear.

Common-date Liberty gold value is definitely tied to bullion price. A half-eagle has about 0.24 ounces of pure gold content and in circulated grade will sell for maybe 20% above the value of the gold. The price really takes off when you get to MS-63 and higher grades.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 02/04/2009  10:23 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
AU-55. I see some light wear in the hair, but really not that much.
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The_Duke's Avatar
United States
1745 Posts
 Posted 02/04/2009  1:56 pm  Show Profile   Bookmark this reply Add The_Duke to your friends list Get a Link to this Reply
It looks just like my 1886-S, only a tiny bit better. AU-50. Nice....
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Figman's Avatar
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245 Posts
 Posted 02/04/2009  2:24 pm  Show Profile   Bookmark this reply Add Figman to your friends list Get a Link to this Reply
"A half-eagle has about 0.24 ounces of pure gold content and in circulated grade will sell for maybe 20% above the value of the gold."

My question is why only 20% above gold, that's not much added value.
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/04/2009  2:33 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
The ~20% premium only applies to common date, circulated pre-1933 gold coins. Obviously, MS condition and better dates fetch much more.
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Figman's Avatar
United States
245 Posts
 Posted 02/04/2009  3:45 pm  Show Profile   Bookmark this reply Add Figman to your friends list Get a Link to this Reply
This 1880-S Gold has the same published value, + -, as a 1880-S MS66 Morgan.
I wouldn't trade this gold apple for that silver orange.

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david29's Avatar
United States
432 Posts
 Posted 02/04/2009  7:09 pm  Show Profile   Bookmark this reply Add david29 to your friends list Get a Link to this Reply
I would guess EF 45
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United States
8 Posts
 Posted 02/15/2009  12:23 am  Show Profile   Bookmark this reply Add breakintheweb to your friends list Get a Link to this Reply
I say XF45-au50
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