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 Replies: 8 / Views: 5,551 |
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New Member
United States
4 Posts |
Dear All, My name is Tom I don't have any knowledge about collectible US coin but my dad would like me to sell this coin for him. I am not sure where to start and how to figure out the out the price of this coin. I have included some pictures below. I heard the coin can be graded, is this one worth sending out for grading? What grade do you think this would be? Please advise Thanks in advance.    |
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Pillar of the Community
United States
759 Posts |
There's about $183 of gold in there based on a $1512 spot price. I think my gold grading skills leave a lot to be desired, but it does shows signs of wear and perhaps of a cleaning, so I'll guess AU details? It is about the 5th highest mintage for that series, so it's a common date. With that, I'd say it's a bullion item and not a candidate for grading. There's one on ebay now at $244 with a few hours to go. ebay completed listings are in the $220-$250 range over the last few weeks. I'd say $225-$275, but please wait for other opinions since I've been known to be way off. And welcome. Great pictures. |
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Bedrock of the Community
United States
12437 Posts |
The coin has been harshly cleaned, you can see numerous fine scratches covering the coin on both sides. That cleaning basically renders the value at gold spot prices.
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Pillar of the Community
United States
558 Posts |
Someone worked that one over with a grinder. But still good as gold.
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Pillar of the Community
 United States
2448 Posts |
Yes agree with the grinder. Gold content only. I apologise, first  . I know we were a little terse. Sadly someone improperly cleaned that coin. Edited by carmykle
04/25/2011 2:36 pm
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Pillar of the Community
United States
759 Posts |
I still think you can get over melt for it in a private transaction. I'm not seeing any quarter eagles for $183 anywhere. Wish I did. If you were allowed to sell it here and listed it for $199, I bet it would sell in a heartbeat. Tell dad $200 to set expectations. Throw it on Craigslist for $250 and see what happens. It seems pretty well established that grading would be money down the drain. Good luck. Let us know how it plays out.
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Pillar of the Community
United States
511 Posts |
All the little hairlines screams worked over or whizzed. As others have said, $200 is a realistic figure, and I might even be a buyer at that price.
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Bedrock of the Community
United States
10982 Posts |
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New Member
 United States
4 Posts |
Thanks all for great advices, what a great community make me want to start collecting coin myself :-) Now I know the price range, I will bring into some local shops here or go ebay. I'll let you know how it goes. Have a wonderful week! Tom |
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Replies: 8 / Views: 5,551 |
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Posted 04/25/2011 1:14 pm
