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Rest in Peace
United States
5375 Posts |
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Pillar of the Community
United States
6385 Posts |
This date would be a nice no-motto eagle to have but the seller exaggerates the quality of his coin. It looks like EF details to me and appears both damaged and cleaned. A bullion-related price is appropriate for this piece, IMO.
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Rest in Peace
 United States
5375 Posts |
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Bedrock of the Community
United States
10982 Posts |
I think you would have a chance to make a few hundred on it. It looks like AU details to me but has had a rough life.
This seller got a lot of info off CoinFacts. That AU58 he posted lists at $4,850 in PCGS' price guide. CoinFacts estimated survival on the Small Date is 125 pieces, so it was worth the $700.
I did have to laugh at the seller's comment that his coin is "at least as good as the PCGS AU58" though!
Edited by BH1964
09/13/2010 12:02 am
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Rest in Peace
United States
5375 Posts |
Yeah, that's a load of hogwash. I don't know if he even knows what he's doing or is just being deceptive. Maybe the former because hes a UK seller. I was amazed to see that NGC 55 coin with the damage on the face and the intense dipping in a slab. I was more amazed to see that someone paid $1610 for it. if they paid that much for that coin, I'm hoping I could eventually get $1100 for this one.
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Rest in Peace
United States
5375 Posts |
I lucked out and the coin looks considerably better in hand than in the pictures. The rubbing in the lower right near the stars looks much more minor, and I'd say that the coin as a whole has just been really overdipped. His pics exaggerated every single little flaw. It has that artificial, prooflike sheen (without the gap near the devices and the dulled out look thats more characteristic of polished coins) which is pretty standard on overdipped coins, similar to that Trade dollar I had awhile ago. I'd value it at about $1200. I hope to flip it for $1000 to 1100 eventually. |
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Rest in Peace
United States
5375 Posts |
I do want to make sure theres no chance of it being fake, though. Anything to watch out for?
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Bedrock of the Community
United States
10982 Posts |
If it's weight in grams and diameter/thickness are good then you'll know it's gold and can be 95% sure it's a genuine 1850 Half Eagle.
Because it is a scarce date, it would probably need to be slabbed to garner the profit you're looking for. Nothing wrong with a genuine or details slab in this case.
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Rest in Peace
United States
5375 Posts |
True. I may have someone interested who already bought some gold from me so we'll see if I can just flip it raw to him. If not, I'll just have it slabbed. I hope it doesn't get slabbed XF details, that wouldn't be any good. Knowing NGC these days...
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Replies: 8 / Views: 1,241 |
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Posted 09/12/2010 11:29 pm
