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1 Dollar 1853, Gold (Questions)

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Author Previous TopicReplies: 8 / Views: 7,116Next Topic  
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Kingz's Avatar
Netherlands
626 Posts
 Posted 02/01/2011  5:12 pm Show Profile   Bookmark this topic Add Kingz to your friends list Get a Link to this Message Number of Subscribers
I'm searching for some advice on wether or not to buy this coin, wether it's worth the money... or maybe look for some other coins of gold or perhaps silver. I'm not so familiar with buying gold coins, only buy silver soins every now and then. But I saw this nice old gold coin for €80 = $110, it is more then doubble the value of gold itself €31.28 a gram.

Usually with "regular" Dutch Golden Coins you pay for the amount of gold that is in the coin... the grade only has extra value when it's very high. For example a pretty common 10 Gulden, 1897 = 6.048 gr. pure gold. And it will mostly sell for around €200 max.

But since American coins are also graded differently and more frequently being slabbed and what not. The 1853 Dollar will be a good coin to buy for me?

KM# 73 - 1.6720 g. 0.9000 GOLD 0.0484 oz. AGW. > €80 = $110
1-Dollar-1853,-Gold-Questions

The last picture is not very clear but it is deffinetly real. So the main question is if I buy it does it have any potential to send it to a grading company? If not will it be a good deal anyways?

Looking forward to any answers, advice or comments
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DavidZerbato's Avatar
United States
1081 Posts
 Posted 02/01/2011  6:06 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
I would say that is a very good deal, I haven't seen any gold dollar sell for less then $200, unless it's in poor condition. It's hard to tell from the second pic, but it very well may be AU which would make it worth about $250. I would pick it up regardless, looks to be a nice coin and a great price.
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coinguybrian's Avatar
United States
5375 Posts
 Posted 02/02/2011  03:52 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Watch out for it being a fake, the details look off especially on the obverse. I would actually judge this as a fake. Look how the edge is really squared off too.
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cperry8483's Avatar
United States
266 Posts
 Posted 02/02/2011  05:56 am  Show Profile   Bookmark this reply Add cperry8483 to your friends list Get a Link to this Reply
Yeah, something struck me as odd on this coin as well. I'd wait to pass judgement on it until a few more people speak up.
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Maineman750's Avatar
United States
3592 Posts
 Posted 02/02/2011  06:58 am  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
Yes, the 3 has an odd look also...maybe it is the angle of your pictures but I wouldn't buy what I see now
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/02/2011  07:43 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I am not happy with this coin on stylistic grounds. I have a gold dollar of the same type (design). This one looks quite different. Small gold coins such as this are known as 'jeweler's copies'. I have a fake South African gold threepenny piece, made for the same reason. The gold purity in these types of copies is usually quite high.

Jeweler's copies are quite often used on such trinketry as charm bracelets.
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johnny54321's Avatar
United States
4849 Posts
 Posted 02/02/2011  10:23 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
I agree, this looks like a fake.
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Kingz's Avatar
Netherlands
626 Posts
 Posted 02/02/2011  11:57 am  Show Profile   Bookmark this reply Add Kingz to your friends list Get a Link to this Reply
wow thanks for these last comments guys, because I would almost assume that it was a real coin.
The gold is real though, but I will not pay €80 for €45 value of gold... it was about the coin, and if that is fake I will pass :)
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Moe145's Avatar
United States
8904 Posts
 Posted 02/02/2011  7:35 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Here's pics of an 1853 $1 coin (ex-jewelry).

I agree with the opinions expressed here. I don't believe your coin is real.

Please compare with this one and see what you think.



1-Dollar-1853,-Gold-Questions 1-Dollar-1853,-Gold-Questions
Edited by Moe145
02/02/2011 7:36 pm
  Previous TopicReplies: 8 / Views: 7,116Next Topic  

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