1865 Gold Liberty Quarter Eagle - Coin Community Forum

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Author	Replies: 4 / Views: 1,251
tmlaff725 New Member United States 5 Posts	Posted 07/19/2009 2:01 pm What is the value, or range of values, for an 1865 Quarter Eagle having a 1/16 in. hole drilled at the top (below the rim), apparently for prior use on a necklace. This coin would otherwise grade VG-8. Report this Post to the Staff

cownas22 Pillar of the Community United States 1055 Posts	Posted 07/19/2009 2:09 pm basically all numismatic value has been lost due to it being holed and an ex-jewelery. Since it is gold. it still retains that value. Quarter Eagles have .12094 oz. of pure gold in them. with spot price at $937.00 (friday's closing price) I would say it is worth about $113.32 at melt. OH, didn't realize it has a mintage of 1,520! Since it has a hole and is damaged I would say it would bring well below market value of a problem free VG-8. You might could get G-4 money for it since it is a series key with extremely low mintage. What a shame that it was holed. Edited by cownas22 07/19/2009 2:14 pm Report this Post to the Staff
Napoleon31ft Pillar of the Community United States 528 Posts	Posted 07/19/2009 4:23 pm I would say only a few hundred bucks. If you want to sell it to me for spot I wouldnt mind. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 07/19/2009 4:45 pm If it is a genuine 1865 1/4 Eagle then it's still valuable even with the hole. Make sure it is not an "S" mint coin. Since it was holed and used for jewelry, there's a chance the "S" has been removed/obscured. I picture would be worth a thousand words! ANA #R3154474 Report this Post to the Staff
vermontensium Moderator United States 16677 Posts	Posted 07/19/2009 5:49 pm Yeah, That's a shame. This happens when there is a love for the gold and jewelry, but not numismatics. It's ignorance on the part of the jeweler. swcoin.ecrater.com Report this Post to the Staff
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