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Replies: 25 / Views: 2,296 |
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Pillar of the Community
United States
1143 Posts |
Good call on this Slider. The differences are numerous so proceed with caution.
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Pillar of the Community
United States
7621 Posts |
I think it's the real deal. "Ex Jewelry VF Details" to these old eyes of mine.
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Pillar of the Community
 Italy
1130 Posts |
Edited by Roma2021 01/08/2025 12:44 pm
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Bedrock of the Community
United States
10982 Posts |
It appears improperly cleaned and could be ex-jewelry as well. It is likely genuine and in that condition your primary concern should be that it's 90% gold. Most of the numismatic value is gone but since it's a CC double eagle the seller would likely want well over melt value for it. If it were certified genuine I'd value it around $3,000 USD (to me) but it's not certified. Verifying the weight and dimensions goes a long ways in cases like this. The Fisch method does just that. https://www.thefisch.com/You don't need to buy a Fisch. A good scale, calipers and common sense should confirm it as gold. I wouldn't pay over $2,600 USD for it once I was confident it is 90% gold.
Edited by BH1964 01/08/2025 3:16 pm
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Bedrock of the Community
United States
36800 Posts |
I agree with BH1964. It appears to be genuine but check weight and the other dimensions. Slider also makes a good point with having it go to NGC UK before you seal the deal. Grade, VF details, cleaned.
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Pillar of the Community
 Italy
1130 Posts |
Hello all,
I contacted the seller and he said the coin has sold. He was asking €3,000. After slider's side-by-side and a few other comments I was prepared to pass and wrote the seller so after, he replied the coin had sold.
It's the wild west over here....so I appreciate all of the comments!!
Best,
R.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
 Italy
1130 Posts |
@coinfrog, you've probably gathered from my posts, I mostly focus on common date, bullion coins, and excessively verify anything else. Haha
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Pillar of the Community
Portugal
655 Posts |
Roma2021, it can have been bought by someone only wanting the gold. Price of gold keeps rising here as the euro weakens. People in Italy and the other counties are aware of the recent bad options made. I hear more talk about expecting the currency to devalue. Dealers who avoided gold as it initially rose now are all after gold coins to resell. I see bullion being sold overpriced. It was not happening a few months ago.
Yesterday I overheard a funny exchange in a coin shop. A dealer I know was trying to get the owner to sell him some gold coins a little under spot. The owner was patiently explaining the dealer why that was a crazy idea.
I see many nice foreign gold coins for sale when I look out for the ones I want. So many mint new, almost all priced by weight. Much south american twentieth century gold. Few US ones, mostly mint new $10 indians this month so far. Common later dates. What I want, older portuguese coins, is much scarce. Everything gold until the early nineteenth century is much scarcer now than some years ago. I do not know if is is dealers sending them outside the country. Or people retaining, not selling.
What I see most is the recent coins that should trade as bullion but are now priced with a premium. A common date worn Louis Philippe I could want to some day complete a 20 francs type collection. With a 100 euro premium, no thanks. It was too expensive already by weight. It is a common coin. It is becoming unaffordable to collect gold coins.
The $10 and $20 so far are selling as bullion with about the same absolute premium, 100 over weight price. Best one I saw recently was a perhaps MS63 1893 $20. My guess, could be 62.
Edited by jecz79 01/11/2025 3:47 pm
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Pillar of the Community
United States
6390 Posts |
Certainly looks genuine, with enough wear to take it into VF range. Uniform surface color suggests cleaning to me, although there don't seem to be any serious scratches or other obvious signs of mishandling.
I agree the purchase agreement should include a certification step to ensure the buyer gets a legit coin. As noted, a genuine example is a very desirable coin, even at this level of wear.
Please let us know how it turns out, and good luck!
edit: just noticed the angled photos which show surfaces that suggest an ex-jewelry piece. Still a nice coin for your collection, if confirmed genuine and priced right.
Edited by Jaobler 01/22/2025 1:59 pm
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Replies: 25 / Views: 2,296 |