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 Replies: 10 / Views: 4,683 |
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New Member
Malaysia
3 Posts |
Hi I have an 1856 gold coronet head coin with the word LIBERTY on the crown. However, it has been made into a gold pendant  (coin edge lightly soldered on design to hold the coin). Am wondering if there's any inate value to the coin now other than the value of gold? Thank you.  Edited by anewbie
08/06/2010 02:56 am
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Pillar of the Community
United States
2120 Posts |
you could probably ask a jeweler to carefully remove the holder.
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Bedrock of the Community
Australia
21788 Posts |
Unfortunately, that coin looks like it has been soldered into the frame in several places. It has gold or jewelry value only and now should be kept for that reason, if you like it.
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Bedrock of the Community
United States
10982 Posts |
Can you see the reverse of the coin? Is it a $10 or $5 coin? Even as an ex-jewelry piece it has significant value for it's gold content alone.
If it has a mintmark on the reverse (above the $5 or $10 denomination) it could be very valuable.
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New Member
 Malaysia
3 Posts |
bherring1964
I've just uploaded a photo of the coin reverse. It is US 5 dollars with an 'O' sign. I know that as a stand-alone coin it is valuable.
Thanks. Would appreciate your honest appraisal.
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Valued Member
United States
420 Posts |
i would think even with a details grade - soldered or mounted-it's value is well over melt-- do they make a slab for mounted jewelry?
what would something like this take for NCS conservation, or the possibility?-- pricing wise?
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Valued Member
United States
314 Posts |
Anewbie, you have an 1856-O half eagle which if authentic carries a higher value than say the San Francisco "S" mint variety or the Philadelphia ( no mint mark) variety for that year. As an example, it is valued at $530 (dealer wholesale) in VF 20, a little over $900 in XF, and close to $4,000 in AU. From the pictures, it looks like it has worn (been worn a lot) in a fashion similar to what you would expect from a necklace. I.E. the top of the reverse, Eagle's head, neck, shield and wings showing wear from the top down. You are probably in the VF category or maybe less for a details grade. I don't have alot of experience with the submission of such coins to offer an opinion of how it will come back. I don't think NCS can help you restore such a coin to a gradeable standard, but they might be able to clean it up and put it in a details slab. Depends on what you want to do with the coin. IMO, it is worth considerably more than melt for a number of reasons, not the least of which is it's numismatic value. It's a great coin either way. If only they could talk.  |
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Rest in Peace
United States
4849 Posts |
My guess is that the coin would sell for about $400-$500 on ebay. It is definitely a better date, but it looks polished and will be considered "ex-jewelry" when removed, both which will significantly affect the value unfortunately. Still it's a very cool coin! |
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New Member
Malaysia
3 Posts |
Thanks everyone for your appraisals. It has indeed been worn as a gold jewellery a long time ago...but not for the past 40-50yrs. Would it be recommended to sell it with the pendant holder or have it removed? I don't think washing it would be considered polishing it?
Edited by anewbie
08/06/2010 12:33 pm
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Bedrock of the Community
United States
12437 Posts |
Most jewelry coins have been polished to keep them "shiny" which is a bad thing because shiny= damaged. Also, the act of wearing a coin and it rubbing against clothing will give it a light polish as well. If removed, the coin will have solder residue and crimp marks on the rim. Does the pendant have a karat hallmark?
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Valued Member
United States
314 Posts |
As the bio0kemist says, if it has a karat hallmark, you would want to add the value of the pendant to the perceived value of the coin to reach a starting point. That would also requiring an understanding of how to calculate the AGW (Actual Gold Weight) of the pendant without the coin. This could be approximated by a jeweler since you already can find the AGW of the coin in any RedBook. BTW - the AGW of the coin is going to be just under a quarter ounce. So the two pieces comprising the value for the pendant would be the AGW of the pendant plus the numismatic value of the coin. You'd have to take off a little due to the impact of the coin having been a jewelry piece for so long. |
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Replies: 10 / Views: 4,683 |
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Posted 08/06/2010 02:38 am
