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 Replies: 10 / Views: 1,899 |
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Valued Member
United Kingdom
488 Posts |
Hi, I recently acquired this 1861 $5 coin. I was wondering if anyone could help in giving me an idea of the grade it is in? It retains some lustre, and virtually no scratches of any kind. Also where would be a good place to sell a piece such as this, given the fact I am based in the UK, any opinions on market value? Thanks for any input you may have.   www.kingstoncoincompany.co.uk
Edited by Jeff 11
02/02/2010 06:01 am
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Moderator
 United States
23522 Posts |
It's tough to draw definitive conclusions at this level from photographs. Gold is especially difficult to determine the originality of the surfaces from photos. That said, it must first be noted that this looks like a Type 1 reverse, by far the scarcer of the two types for that year. Here are the two reverses, shamelessly ripped from Heritage Auctions results: Type 1 Type 2 The difference is most obvious in the arrow shafts and heads. As for your coin, based on pure technical merit indicated in the photographs, it looks to be in the AU50-55 range. An AU55 Type 1 example in an NGC slab sold for US$2530 at Heritage last October. The pic I posted above is of that coin; the Type 2 is a PCGS AU58. Needless to say, if you desired to liquidate this coin, it would be imperative to have it professionally graded and slabbed, and to offer it in an appropriate venue. |
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Valued Member
 United Kingdom
488 Posts |
Thanks very much Superdave. I'll make enquiries with the Grading services to see the best way to get the coin to them from the UK. Just wanted to check also, the pictures you posted are of the 2 1/2 dollar coin, do the same types apply to my $5 coin? Thanks again
www.kingstoncoincompany.co.uk
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Moderator
United States
23522 Posts |
Oh, dear.  See what you get when you post before finishing your first cup of coffee?  My comments are exactly accurate when considering the $2.50 Eagle. They do not, however, have anything to do with the coin you present. It would be unseemly of me to make them go away, though; I'd consider it a bit of abuse of my power because I would certainly let an average member here gently twist in the wind after such a faux pas. My opinion of grade and surfaces stands; value would therefore be in the US$500 range as it appears to be a nice example of the grade. Carry on. |
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Valued Member
United Kingdom
488 Posts |
Well we're all human, anyone can make mistakes! Thanks for the opinion and valuation, I was hoping for roughly that price range so pleased to hear it.
Thanks again superdave
www.kingstoncoincompany.co.uk
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Valued Member
United States
199 Posts |
Man,you might have to drop the "Super" part for a while,SuperDave
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Valued Member
United States
461 Posts |
Dave Dave Dave! What are you telling us? You mean all my screw ups sit there because you get your jollies watching me squirm  I don't give a crap anyway, everybody screws up, probably me the most! |
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Moderator
United States
23522 Posts |
Quote:
Man,you might have to drop the "Super" part for a while,SuperDave Just trying to emulate my namesake, old friend. Did well this time. |
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Pillar of the Community
United States
1055 Posts |
That is a very nice $5 piece. I think it would make a AU-55 slab. Rub is noticable on top of Coronet and Hair on Obv and eagles neck and arrows on rev. Typical bag marks (nics) for a gold coin, nothing too distracting.
I am a sucker for Liberty Head Gold!
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Pillar of the Community
United States
8904 Posts |
"Average" Dave? |
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Pillar of the Community
United States
1083 Posts |
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Replies: 10 / Views: 1,899 |
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Posted 02/02/2010 05:55 am
