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1886 S $5 Gold Liberty

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Pillar of the Community

Italy
1130 Posts
 Posted 09/07/2022  12:15 pm Show Profile   Bookmark this topic Add Roma2021 to your friends list Get a Link to this Message Number of Subscribers
I am wholly unfamiliar with this coin. Any thoughts and opinions on grade would be appreciated. It's currently at a local shop for about $450-460.

I may sell a worn sovereign at a slight loss to buy it.

Thank you!
1886-S-$5-Gold-Liberty

1886-S-$5-Gold-Liberty



1886-S-$5-Gold-Liberty
Edited by Roma2021
09/07/2022 12:17 pm
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IndianGoldEagle's Avatar
United States
36572 Posts
 Posted 09/07/2022  12:53 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
A little baggy, MS-62.
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wallyb's Avatar
Canada
557 Posts
 Posted 09/07/2022  4:23 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
Photos aren't very sharp, I'm closer to MS60 but it could drop down to AU. That price is more in keeping with an AU grade for this coin.
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jacrispies's Avatar
United States
3848 Posts
 Posted 09/07/2022  5:01 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Good price at this time. I think it is low mint state, MS-62.
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Italy
1130 Posts
 Posted 09/07/2022  5:02 pm  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
Thank you. I thought AU. Gold shops here tend to price at gold weight + X with little regard for numismatics.
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IndianGoldEagle's Avatar
United States
36572 Posts
 Posted 09/07/2022  5:25 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
After a closer look at this coin I do believe it is a counterfeit.
Check the beads on Liberty's hair and some of the hair curls. They do not match this genuine PCGS coin.

1886-S-$5-Gold-Liberty
1886-S-$5-Gold-Liberty
1886-S-$5-Gold-Liberty
Edited by IndianGoldEagle
09/07/2022 5:34 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/07/2022  6:36 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Unsure of authenticity. Otherwise, I'll say MS-61, possibly 62, not a fan.
Pillar of the Community
Italy
1130 Posts
 Posted 09/08/2022  12:35 am  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
@indiangoldeagle... I haven't bought the coin yet. What in particular in the beads are you seeing that's causing concern?
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jimbucks's Avatar
United States
4691 Posts
 Posted 09/08/2022  01:47 am  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Good chance it is a fake.
Pillar of the Community
Italy
1130 Posts
 Posted 09/08/2022  02:14 am  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
@jim... Tell me what's indicating fake?
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Jaobler's Avatar
United States
6381 Posts
 Posted 09/08/2022  09:32 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
If counterfeit it's not a blatant one. I would suspect an ex-jewelry piece given the very baggy obverse and what looks like damage along the right obverse rim, possibly from mounting in a bezel.

The 1886-S is a common date and should be priced close to bullion value in this condition. I would think a nicer example could be found for around the same price.
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IndianGoldEagle's Avatar
United States
36572 Posts
 Posted 09/08/2022  09:41 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Compare the bead sizes in the hair. Compare the hair curl shapes and sizes. I believe this is a Lebanese counterfeit made in the 1970s-1980's time period. They were very close to the originals but small design features were off. Much better quality than what comes from China now but still fake. They were used strictly for gold sales back then.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/08/2022  09:43 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Interesting, thanks IGE.
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IndianGoldEagle's Avatar
United States
36572 Posts
 Posted 09/08/2022  09:45 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Also compare the shapes of the reverse lettering. Larger photos of the OP coin would help show this.
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dave700x's Avatar
United States
10625 Posts
 Posted 09/08/2022  10:31 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
It sure appears to be a counterfeit. Good eye IGE!
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Italy
1130 Posts
 Posted 09/08/2022  10:54 am  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
This is interesting. I am not going to buy the coin, but I am still having some difficulty distinguishing it as a counterfeit. I trust it is, but I am looking for telltale signs that it is fake. The hair beads and curves look to my amateurish eye like a weak strike. If anyone is interested, I am open to learning as much as possible so please keep this thread going . . .
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