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 Replies: 12 / Views: 808 |
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Valued Member
United States
92 Posts |
Can anyone find anything wrong with this common type $5 Dahlonega half lib? I havnt been able to find even common dates like this for sub 5k and this one seems to good to be true. I know this date is known to have weakly struck stars and dentilcles if my mind serves me right. Also there are examples with matte like surfaces from exposure to sea water that grade xf and sometimes au that have uncirculated sharpness. I would be appreciative if the community members that know this series could give me their opinion of the coin pictured below. Thanks and I really need the community's help   . |
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Bedrock of the Community
 United States
13693 Posts |
Is there a question in that long paragraph?  Take a look at my other hobby ... http://www.jk-dk.artToo many hobbies .... too much work .... not enough time. |
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Moderator
United States
33165 Posts |
Quote:
I would be appreciative if the community members that know this series could give me their opinion of the coin pictured below. Not my swimlane, so I won't offer an opinion, but to be clear are you asking about the grade, whether it is a fake, or both? 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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Valued Member
United States
190 Posts |
Quote:Is there a question in that long paragraph? I think they are wondering if it's fake?
Edited by johnhenry9009
06/23/2024 07:53 am
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Pillar of the Community
United States
6120 Posts |
Quote:
Can anyone find anything wrong with this common type $5 Dahlonega half lib? Not me. Looks like it sold in July of 2020 for 3k.
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Pillar of the Community
United States
3262 Posts |
The only thing wrong is that you have to step up and pay that much for it. Demand exceeds supply, especially for straight grading coins. Yesterday I took a look at Charlotte dollars on ebay. All details coins below $5000, and very few of those. There is one Dahlonega 1850-D in XF40 for a mere $3995 - every other D listed is details. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
4398 Posts |
The coin you are interested in last sold in a heritage auction in 2020 for $3000. A 1853 D AU53 sold in 2023 for $4200. If you get the price you like, I do not see any problems in buying the example. Below are the Heritage photos of the OP example.   |
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Valued Member
 United States
92 Posts |
I have the chance to buy this for 4700 from the heritage site where the owner was willing to sell and I bid at 4500 to the owner and he countered with 4725. I just wanted some more eyes before I pay the ( these are going for over 5500 easy in this grade today) low price of 4725. Because usually is never a good deal when buying solid coins that will resell. So I'm thinking am I not seeing something. Thanks everyone for your feedback.
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Bedrock of the Community
United States
94367 Posts |
Looks perfectly fine to me, but the price paid is up to you.
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Pillar of the Community
United States
4398 Posts |
There is a light area on obverse in the field in front of Liberty and on reverse to the right of the eagle's head. That light area could be from a spot cleaning or just rub during circulation. The example has very few marks and nicks for a gold AU53. There is a 1853 strong D AU53 PCGS CAC on ebay asking about 2K more and I like the OP example better. |
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Pillar of the Community
United States
4660 Posts |
I was under bidder on a 1852-d ngc au-53 that sold at just over $4k today with buyers premium on GC, so you should be able to find one in the 4k range if you are patient. They are out there. Recently some price weakness perhaps due to Fairmont sales.
Edited by jimbucks
06/24/2024 02:29 am
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Pillar of the Community
United States
1471 Posts |
I think that it's a solid grade at 53, may even be worthy of a resubmit for a possible 55 due to the reasons you've mentioned (weak strikes). None the less, with the Dahlonega and Charlotte coinage market rising that's a fair price the owner is asking. If things remain as they are in two years this same coin should fetch near $6,000. Just my opinion.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Pillar of the Community
United States
4347 Posts |
While Dahlonega gold isn't my cup-o-tea, I suspect that shopping at shows would be the best/least-costly way to obtain a satisfactory example. First-off, the buyer gets to examine the coin in-hand. Second, there's no middle-man cost for the auction site. Then too, whether the coin sought is a rare gold piece or even rarer (far less common) counterstamped coin, obtaining a desired piece typically takes patience and sometimes, years; this, to my experience.
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Replies: 12 / Views: 808 |
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Posted 06/23/2024 05:43 am
