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 Replies: 13 / Views: 1,372 |
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New Member
United States
5 Posts |
I found this coin in my dads collection. A 1857 Liberty Head $2-1/2 Gold
However it is marked (unofficially) as AU but says the "Y" in liberty is recut. Is there any value to this coin? or did someone damage it?
Thankyou Edited by einradmeister
10/16/2022 7:14 pm
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Moderator
 United States
34393 Posts |
@ein, first welcome to CCF. Second, overall pics of this coin plus one of the letter Y would really help us. Thx!
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Bedrock of the Community
United States
94367 Posts |
  to the CCF! |
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Moderator
United States
187702 Posts |
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New Member
 United States
5 Posts |
Here are a couple pics of front and back. I tried my best. If this coin has any value please advise. I really have no idea. All it said on the coin holder was the "Y" in Liberty was recut.   Edited by einradmeister
10/18/2022 1:07 pm
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Pillar of the Community
United States
4233 Posts |
https://www.ngccoin.com/coin-explor...5-ms/?des=msWeigh it and measure it, should be 4.18g and 18mm. Perhaps find a coin shop or gold dealer who could do an XRF on it. Not saying it's fake, but they've counterfeited gold coins for a long time. As long as it's real of course it has value, the gold alone is $200 worth.
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Pillar of the Community
United States
3342 Posts |
I don't see any major differences between your coin and the PCGS examples. PCGS doesn't distinguish a recut die variety. However, their MS-65 example shows better separation between the T and Y at the top of the letters. https://www.PCGS.com/coinfacts/coin/1857-2-50/7782"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
10/18/2022 3:38 pm
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New Member
United States
5 Posts |
thankyou for all your help. I am debating if I should send it off to PGS or not. I don't know if this is a $200 coin or a $1000 coin.
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New Member
United States
5 Posts |
Out of curiosity I was able to stop by 2 local coin shops. usually I can't because they close at 4pm or 5 and I work, but I had the afternoon off. The first appraised it for $189 and the second for $460. Needless to say I don't know what to think or if at this point it is even worth sending them to PGCS.
Question for the forum. What are some good resources to help me understand grading better?
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Bedrock of the Community
United States
94367 Posts |
What is your other coin, and which one was valued at which price?
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Pillar of the Community
United States
4233 Posts |
Edited by kbbpll
10/21/2022 5:23 pm
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New Member
United States
5 Posts |
sorry for the confusion. These were two separate local coin shops, same coin.
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Bedrock of the Community
United States
94367 Posts |
Apologize, I clearly didn't read your reply closely.  |
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Bedrock of the Community
United States
10982 Posts |
Quote:
Question for the forum. What are some good resources to help me understand grading better? The Photograde site linked above is a good one but grading really takes many months of viewing coins in various grades to get a real feel for it. Your coin is circulated and it is a common date gold piece. Whether or not it has been tooled (re-cut) is of little consequence. The main issue is of authenticity and it appears to be genuine so the AU grade sounds a bit high but even at XF details (which is where I'd put it due to lack of luster) it's a $300+ coin. Whoever appraised it at $189 was going off the gold content alone and quarter-eagles always carry a numismatic premium, even with problems, so that's too low. The $460 appraisal is high imo. If someone would pay you $460 for it then you are getting a very good deal. This similar piece just sold on ebay for $425 (that's full retail). I would appraise your coin at $350 to $400. https://www.ebay.com/itm/3141890411...9SR5iV-9z_YAEdited by BH1964
10/21/2022 11:51 pm
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Replies: 13 / Views: 1,372 |
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Posted 10/16/2022 8:33 pm
